Hong Kong

Hong Kong signs tax pact with Portugal and South Africa

Hong Kong now has 11 automatic exchange partners in financial account information. Hong Kong has signed agreements with Portugal and South Africa for conducting automatic exchange of financial account information in tax matters. The signing of the agreements brings the number of Hong Kong's automatic exchange partners in financial account information to 11. The other partners are Belgium, Canada, Guernsey, Italy, Japan, Korea, Mexico, the Netherlands and the UK. A bill was tabled at the Legislative Council on March 29 seeking to include Hong Kong's newly confirmed partners and prospective ones in the list of "reportable jurisdictions" under the Inland Revenue Ordinance.

Government increases construction waste disposal charges

Landfill charges will rise to $200 per tonne starting April 7.

Which jobs will be most in demand in Hong Kong in Q2?

Skilled professionals in Accountancy & Finance will be sought after.

Property sales up 35.4% to 7,605 in March

The total sale and purchase agreements were worth $61.6 billion.

Hong Kong inks wine deal with Slovenia

It will boost cooperation in wine trading and investment promotion.

HK Electric Investments to spend $4b for new gas-fired unit "L10"

The amount is scheduled to be spent within 2016-2018 and 2019-2020.

Hong Kong rolls out new income limits for welfare

Income ceiling for full allowance rose for a two-person household.

Hong Kong warns against home loan risks as prices soar

A new round of cooling measures loom ahead.

Homeowner scheme to be launched for first-time buyers

It can possibly adopt a public-private partnership model.

Premium taxi groups slam government's franchised cabs plan

They fear that only cash-rich mainland investors will benefit.

Hong Kong's GDP growth to hit 2.5% in 2017

2017 headline CPI inflation is forecast to reach 1.9%.