Economy
Hong Kong eyes low-altitude economy
It will focus on developing Advanced Air Mobility (AAM) technologies.
Hong Kong eyes low-altitude economy
It will focus on developing Advanced Air Mobility (AAM) technologies.
Hong Kong enhances Deposit Protection Scheme
It raises the protection limit from $500,000 to $800,000.
Hong Kong IPO market slated for resurgence in H2
PwC Hong Kong is “cautiously optimistic” for the market.
Gov’t to to enhance trade services liberalisation with China
The new measures will offer Hong Kong businesses more opportunities in China.
New citizen travel card launched for Hong Kong & Macao permanent residents
The card will begin getting issued on 10 July.
Surge in exports to Mainland China boosts Hong Kong’s trade
The trade forecast was revised upward from a maximum of 6% to 11% amidst export growth.
Patent box incentive boosts R&D investment in Hong Kong
New tax regime can attract R&D-focused businesses.
Financial instability curb spending and consumers turn to credit
Two in five consumers expect to be unable to pay their current bills and loans in full.
Exports value climbs 14.8% in May
There were significant gains in electrical machinery.
Consumer prices rise 1.2% YoY in May
Prices rose faster in May compared to April.
Hong Kong recovery on track amidst high interest rates
Economic growth was strong, but investment and property markets were affected.
Hong Kong reappoints HKSTP Chairman of the Board of Directors
The new members and reappointees will serve for two years starting on 1 July.
Hong Kong unemployment rate remains at 3%
It inched up by 0.1 percentage points to 1.2%.
British Chamber of Commerce HK appoints JLL's Jeremy Sheldon as chairman
He will serve until 2025.
HK lands 5th in world competitiveness ranking
The city’s economic performance, business efficiency, and infrastructure improved.
Economist lifts Hong Kong outlook, citing stronger economic prospects
UOB now predicts a 2.9% economic growth, up from 2.5%
Hong Kong leads as the world's most expensive city
Expensive housing, transportation, and goods drove up the city's cost of living.