Economy
SG-HK air travel bubble to start (again) on 26 May
SG-HK air travel bubble to start (again) on 26 May
The proposed bubble has seen multiple delays since it was first supposed to go ahead in November last year.
Business optimism in Hong Kong climbs to 16%
Only 9% of businesses expected a better situation over the coming three months in the preceding quarter.
Inflation rate speeds up slightly to 0.5% in March
This is faster than the 0.3% recorded in the same month last year.
What can drive Hong Kong's economic growth?
JLL has identified eight drivers that will bring Hong Kong to “New Heights”.
Redsun Services acquires 80% equity interest in property management companies
The acquisition by its wholly-owned subsidiary has a consideration of $87.8m (RMB73.54m).
Hong Kong exports rose 37% in first two months
Total imports also increased 27.2% in the same period.
Hong Kong's "very high net worth" population falls by 5.4%
The city is still amongst the top 10 territories with the wealthiest populations.
SMEs in Hong Kong stayed “cautious” in March
Diffusions index in March dropped slightly to 44%.
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.
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