Economy

What opportunities Hong Kong can take in the Greater Bay Area

Aviation and basic research are amongst the areas of growth for the city.

Hong Kong economy may rebound 4.1% this year: OCBC

In its monthly report on Hong Kong, OCBC said the economy was showing signs of recovery.

Sotheby's to auction first-ever watch accompanied by NFT

The exclusive bidding will help to benefit children with critical illnesses through Make-A-Wish® UK.

Mainland China's economic growth seen to boost Hong Kong trade

The tension between China and the United States, however, may pose threats.

Export Index rises for the fourth consecutive quarter

Exporter sentiments also improve over economic recovery forecasts.

Hong Kong's BoP surplus widened to $233.5b in Q4 2020

Its gross external debt, however, rose by $506.6b.

New SME loan scheme takes effect on 29 March

The enhanced scheme will raise maximum loans and repayment period.

Small business confidence crashes to record low: survey

Only 21% of respondents expect their business to grow this year.

Inflation up 0.3% in February

The government has noted consumer prices are volatile around the Lunar New Year celebration.

Total employment slipped 4.7% in December

Approximately 2.68 million people were employed in December.

January exports up 44.6%

Price of total exports decreased 0.4%.

Hong Kong poised to recover

But it will take time, the HSBC Global Research says.

Hong Kong's national income falls to $2.8t in 2020

The city’s wealth dropped 5% in 2020, the Census and Statistics Department reported.

21.6% of HK exports to China for outward processing in 2020

Exports for outward processing decreased by 10% in 2020.

eMPF Platform Company Limited created

MPFA's subsidiary is targeted for completion by the end of 2022.