News

Hong Kong government's surplus hits $110.8b

Fiscal reserves now stand at $953.7b.

Minimum wage rate increased to $34.50 per hour

The raise will be effective starting May 1.

Mortgage loans in Hong Kong up 33.9% to $37b in March

The number of mortgage applications increased 57.5% to 15,603.

Only 1 in 10 Hong Kongers think they are financially secure

Most people are not preparing for the future as they don't regard themselves as "old".

Hong Kong mulls over MTR fare adjustment

Transport Advisory Committee has expressed its support.

75% of employees work overtime without compensation: survey

Weekly overtime stretches for as long as 16 hours.

Hong Kong dollar falling at the fastest pace in 14 months

Expect further weakness ahead for the currency.

Hong Kong salaries up by an average of 3.9%

Only 3 in 5 workers got a wage hike.

Hong Kong's power companies to make tariff estimates every 5 years

The most recent 5% tariff reduction is subject to many variables.