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.

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%.

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.