Economy
Foreign currency reserves total $3,209.9b in March
Foreign currency reserves total $3,209.9b in March
This is a slight decrease from$3,236.3b in February.
Hang Seng Index down 13% as Asian equities plunge to multi-year lows
The intensifying US-China tariff standoff on escalating recession fears, an analyst said.
Hong Kong condemns US tariffs
It called the move "bullying" and "unreasonable."
Top Hong Kong family firms earn global ranking: EY
The combined revenue of these firms reached $774b.
Hong Kong braces for 4.58 million passengers on Ching Ming
Outbound and inbound passengers using land are expected to be high on April 4 and 6.
Hong Kong tech hub risks delay amidst labour, tenant concerns
The development will take at least 10 to 15 years to fully materialise and current market conditions could slow momentum.
Gov’t to boost economic ties with Hainan under new pact
Hong Kong will support Hainan’s expansion into the global market.
Exports up 15.4% to $327.9b in February on Asia growth
Total exports to Vietnam more than doubled during the month.
Employment down 0.3% in Dec 2024
Over 2.71 million people were employed across key industries in Hong Kong.
Hong Kong records BOP surplus of $31.4b in Q4 2024
The current account recorded a surplus of $96.3b.
Property-related income essential for GREs’ services: report
The reports forecasts the Urban Renewal Authority would receive extraordinary support.
GDP expands by 2.5% in 2024
Value added in all service activities taken together increased by 2.2% in 2024.
Gov’t rolls out first batch of low-altitude pilot projects
These initiatives cover emergency rescue, logistics, safety inspections, and surveillance, amongst others.
Hong Kong takes third spot in global financial centres index
Hong Kong’s overall rating rose by 11 points.
Consumer prices up 1.4% in February
Prices rose in categories such as housing, transport, and electricity.
HKMA issues caution after Fed holds interest rates steady
Federal funds target range remains unchanged at 4.25% to 4.50%.
New immigration scheme seeks to boost HK economy
Policy bureaus and departments will invite ASEAN nationals who can boost Hong Kong's economy.
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