News

Hong Kong’s economic growth hinges on travel recovery

Advanced GDP estimates showed a drop of 4.5%. 

Hong Kong eyes to become premier green, sustainable finance hub

It is supported by the National 14th Five-Year Plan.

Property sales fall 8.1% MoM in October

Year-on-year sales declined by 28.9%

HKMA raises its base rate to 4.25%

The new rate took effect on 3 November.

Hong Kong retains 10-year housing supply target 

The government maintained its 430,000-unit target in the ten years to 2033.

Hong Kong retail sales up 0.2% in September

Retail sales stood at $28.1b, the Census and Statistics Department reported.

HKIA opens new Sky Bridge

The Sky Bridge is the longest airside bridge across the globe.

Site in Kai Tak up for public tender

The site is designated for non-industrial purposes.

95,000 private flats to be available in next 3-4 years

The figure is 3,000 less than the previous estimate.

Government improves green lifestyle local tour incentive scheme starting 1 December

This includes raising the subsidy level to local tour participants to $300.