Economy
These are the best and worst performing sectors in Hong Kong according to StandChart's SME Index
Finance and Insurance was the best performing sector for the first quarter.
Hong Kong launches 1st gas-powered food waste processing machine
It will reduce food waste by over 90%.
Exports value rises 11% YoY to $386.4b in December 2023
The pace of increase has picked up.
HK, Croatia inks tax agreement
This will serve as a guide for investors on potential tax liabilities.
Gov’t introduces new measures to bolster financial ties with China
These measures will also benefit Hong Kong’s status as an international financial centre.
Consumer prices rise 2.4% YoY in December
The December inflation is lower than the November record of 2.6%.
Jobless rate unchanged at 2.9%
The total number of unemployed people stands at 105,700.
Basic food items consume 26% of employees' minimum wage earnings
Employees earn a minimum of $6,933 net monthly.
HK Chief Exec concerned over Cathay Pacific flight cancellations
The Transport & Logistics Bureau will be in contact with the airlines’ management, CE John Lee said.
2024-2025 budget likely to focus on boosting recovery: expert
UOB experts expect measures on housing, low fertility, and talent.
Unemployment rate remains at 2.9%
There were 112,400 unemployed people from September to November.
Hong Kong kicks off public consultation on the 2024-25 budget
The 2024-25 budget will pursue development aimed at promoting stability.
Exports to grow by 4% to 6% in 2024
Exporters will focus on cash flow management next year.
Hong Kong rejects negative credit outlook rating
Moody's downgraded Hong Kong’s outlook rating from stable to negative.
HK, Saudi Arabia ink investment promotion pact
The pact will strengthen economic relations between the two markets.
Gov’t logs $172.9b deficit
The figure covers the first seven months of the current financial year.
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