Economy
Consumer prices up 1.8% in October but ‘smaller’ compared to September: C&SD
Consumer prices up 1.8% in October but ‘smaller’ compared to September: C&SD
The increase in September 2022 was at 4.4%.
Joblessness drops to 3.8% between August and October
The total number of unemployed people stands at 147,400.
Industrial assets boost deals growth in Hong Kong: Colliers
There were 25 major deals with transaction volumes soared by 93%.
HK, Peru to kick start free trade pact negotiations on January 2023
The first round of talks will cover subjects such as trade in goods.
More Chinese, HK next gens set up ventures outside of family businesses
PwC said 20% of Hong Kong NextGens have their own businesses.
Volume of total exports down 15.3% YoY in September
Imports of goods also went down by 14% over September last year.
Hong Kong ponders lifting of more COVID restrictions
The government wants to further open up Hong Kong.
SME business optimism improves in October
But, next month’s expectations are more cautious.
Trade department increases business fund schemes
This covers the Bud Fund and EMF.
Hong Kong’s economic growth hinges on travel recovery
Advanced GDP estimates showed a drop of 4.5%.
Economy contraction widens in Q3 at 4.5%
In Q2, the economy shrank by 1.3%.
Government improves green lifestyle local tour incentive scheme starting 1 December
This includes raising the subsidy level to local tour participants to $300.
Value of total exports down 9.1% YoY in September
The value of exports declined to $401.6b in September 2022.
Inflation up 4.4% in September
This is up from only 1.9% in August.
Hong Kong rolls out 3-year local tour incentive programme
The government offers basic and advanced versions of cash incentives.
Gov’t deficit hits $183b
The government took into account the proceeds of $20b received from the issuance of green bonds.
The government recorded a deficit of $183b in the...
How are Hong Kongers attitude change whilst living with COVID-19?
Some have an increased desire to travel whilst some are still concerned about health.
Read Here
Advertise
Sign Up
Commentary
Driving non-Grade A office market with the Hostels in the City Scheme