Economy

Jobless rate unchanged at 3.1%

Jobless rate unchanged at 3.1%

The underemployment rates of the manufacturing and financing sectors declined.

HA endorses 2025/26 corporate plan, budget

It focuses on increasing public housing supply and improving sustainability.

HK sees 3.6% decline in deal activity in 2024

Markets such as China, Singapore, and Malaysia also saw declines in deal volume.

HK salaries to increase by 4% across all industries

The technology industry is forecasting the highest increase at 4.2%.

How can Hong Kong address its growing budget deficit?

A consolidated budget deficit of $94.8b is projected for 2025.

New measures to strengthen financial cooperation between HK, Mainland China

Hong Kong will launch a new RMB Trade Financing Liquidity Facility with a total size of $106.21b.

Hong Kong targets gold trading, global ties to boost economy

It aims to boost competitiveness by enhancing access to Mainland China's financial markets.

EPD announces new arrangements for plastic recycling set

The GREEN@COMMUNITY network will take over plastic recycling services after the pilot scheme ends.

HK sees 10% growth in startups in 2024

Growth has been especially strong in the health and medical fields.

Hong Kong GDP growth seen at 2.1% on weak consumption

Inflation is also expected to rise next year.

GDP growth slows in Q3

The services sector sees mixed results.

2025 budget to reflect public views

The public consultation, which began on Sunday, has already received a wealth of feedback.

HK exports up 0.3% in October

Imports of goods also increased by 1.5% over the same period.

HK's gross national income rises by 4.2% YoY to $899.6b in Q3 2024

Mainland China contributed 40.3% of its primary income inflows.

HK's exports set to grow by 4% in 2025

Electronics exports grew by 13.5% year-on-year in the first 10 months of 2024.

Hong Kong attracts 66 strategic enterprises

About 60% of these enterprises have set up new operations in the region.