Economy
Enhanced bill for social workers unveiled
It is set for first and second readings in LegCo on 22 May.
Hong Kong funeral industry embraces green burials
Rising demand for sustainable funeral practices shapes the market.
Gov’t urged to reform Social Workers Registration Board governance
The board’s current operations are allegedly deviating from its legal obligations.
China and Hong Kong announce new swap connect measures
It will expand product choices under Swap Connect, improve efficiency, and reduce participation costs.
HK’s economic growth to moderate to 2.5% in 2024: S&P Global
The per capita real GDP is forecasted to rise by 2.2% annually during 2025 to 2027.
Gov’t to cut taxes on salaries and profit for FY23-24
In FY2023-24, the government sent out 2.44 million tax returns.
Hong Kong updates financial account information exchange list
It removed nine jurisdictions and welcomed 11.
Hong Kong and Shanghai strengthen ties across various sectors
Some areas of collaboration include the Belt and Road development and business investment, innovation and technology, digital economy, finance, and...
Hong Kong aims to lead in IP trading
Key initiatives include recruiting diverse patent examiners and introducing a "patent box" tax incentive.
Exports value hit $384.5b in March
It rose 4.7% YoY.
Hong Kong pledges to drive APEC and ABAC goals
CE Lee said HK is eager to collaborate with ABAC firms.
Consumer prices rise slightly in March
Prices rose 2%, higher than the average 1.9% increase for January and February.
Hong Kong to boost green and digital cooperation with Singapore
Singapore is Hong Kong's largest trading partner in SEA.
Hong Kong's growth dips amidst high policy rates
The expansion will be driven by the recovery of tourism, and consumer spending.
HSBC unveils $1b ASEAN Growth Fund for digital platform players
The amount will be used to lend to digital companies to boost their operations.
Hong Kong pins hopes on policy shift to hit 2.5% GDP target
Private residential property prices declined by 5.4% in 4Q23.
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