Economy
PwC urges policy action to boost Hong Kong’s global role
PwC urges policy action to boost Hong Kong’s global role
The recommendations come as Hong Kong’s economy shows modest recovery.
Economy up 3.1% in Q2 2025
Unemployment rate also rose to 3.5%.
SME business sentiment improves slightly in July
Revenue index rise 1.2% to 42.1 in July.
Nearly half of B2B credit sales now overdue: report
The report also said bad debts have surged, currently impacting 7% of B2B invoices.
Hong Kong economy expands 3.1% in Q2
This is the 10th consecutive quarter it saw an economic expansion.
HK’s foreign currency reserve declines by 1.52% MoM in July
It represents over five times the currency in circulation.
Hong Kong to achieve new economic breakthroughs: FS Chan
The city is restoring from pandemic and keep attracting talents.
Hong Kong exports rise 11.9% in June with Asia demand surge
Despite the growth, the city recorded a trade deficit of $58.9b, equivalent to 12.4% of total imports.
Hong Kong inflation slows in June
Composite CPI continue to increase by 1.0% year-on-year.
Joint study reveals most firms miss Scope 3 emission baseline and mature transition plans
More than half do not report Scope 3 emissions.
Exports and imports rise in May 2025
Vietnam led import volume growth, whilst Taiwan led export volume growth.
Hong Kong slips to third in lifestyle index amidst regional shifts
In Asia Pacific specifically, business flights (+12.6%), watches (+9.0%), and even bicycles (+5.5%) saw notable jumps.
Gov’t amends ordinance for third phase of Trade Single Window scheme
The last phase is considered the most complex part of the scheme.
Shanghai Gold Exchange launches first offshore gold delivery vault in Hong Kong
It has also listed gold contracts for Hong Kong delivery on its International Board.
Economy still slated for 2.5% growth with resilient external trade
Hang Seng Bank predicts 2.5% expansion of economy in 2025.
Employment slips in March
Total employment dropped by 14,500 persons from the previous year.
Consumer prices up 1.9% in May
Underlying inflation rate stood at 1%
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