Economy
Hong Kong slashes tax on businesses' first $2m profit
Hong Kong slashes tax on businesses' first $2m profit
R&D firms can have as much as a 300% tax deduction.
Hong Kong's deficit hit $15.7b in August
Expenditure, on the other hand, hit $36.87b.
Approved mortgage loans fall 10.8% to $30.1b
Loans for refinancing dropped 8.1%.
RMB deposits dipped 0.4% to RMB532.8b
Overall foreign-currency deposits inched up 0.3%.
Hong Kong's total goods exports value rose 7.4%
That of goods imports ticked up 7.7%.
Hong Kong's total goods exports up 5.7% in July
Domestic exports decreased by 6% in the same period.
Ageing population to radically impact doing business in Hong Kong in the next decade
The people aged 65 and over will hit 1.9m by 2027.
Hong Kong's gross domestic product up 7% to $627b
Gross national income also inched up 8.5% to $677.5b.
Hong Kong population to hit 8.22m in 2043
It wil then drop to 7.72m by 2066.
Exchange Fund assets hit $3.9t in July
The assets reflected a $7.3b increase from the figures reported in June.
Government deficit hits $2.5b in July
Fiscal reserves stood at $986.6 billion as at July 31.
Total exports value up 7.3% to $326.6b
Re-exports also edged up 7.4% to $322.9b.
Hong Kong's July inflation up 2%
Underlying inflation rate also edged up 2%.
Hong Kong is less liveable than Singapore: study
Ten places separate the two rivals in the rankings.
Exchange Fund's foreign assets hit $3.3t in July
It registered an increase of $45b.
Hong Kong's economy grew 3.8% in 2Q17
Real GDP growth forecast for 2017 was revised upwards.
Hong Kong's RMB deposits up 0.2%
Overall foreign-currency deposits inched up 0.4%.
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