Economy

Hong Kong and Shenzhen strengthen environmental collaboration

Chemical treatment process results showed reduced phosphorus discharge into Ng Tung River and Shenzhen River.

Hong Kong and Shenzhen strengthen environmental collaboration

Chemical treatment process results showed reduced phosphorus discharge into Ng Tung River and Shenzhen River.

HK adds Xi'an, Qingdao cities to Individual Visit Scheme

The expansion will help boost tourism and benefit industries such as hotels and retail.

Consumer prices increase 1.7% YoY in January

Compared to December 2022, the increase in inflation was more moderate. 

HKTDC outlines priorities to boost global business, C&E hub 

Amongst the focus areas is strengthening presence in the GBA.

EU removes HK from tax cooperation watchlist 

The city’s removal follows the implementation of a new foreign-sourced income exemption regime.

Population grows by 0.4% in 2023

The government attributed the increase to the net inflow of 51,700 residents.

Unemployment rate stands at 2.9%

There were 102,600 unemployed people from November 2023 to January.

Foreign investments in China down to 18-year low in 2022

One of the primary hurdles is the language barrier.

CPA Australia urges Hong Kong to enhance business competiveness in budget

The committee also expects Hong Kong to address the deficit in Budget 2023-24

Provisional retail sales up 7.8% YoY in December 2023

For the whole year, Hong Kong saw a 16.2% increase in retail sales value.

Economy grows 4.3% YoY in 4Q23

For the whole of 2023, GDP grew 3.2% YoY.

These are the best and worst performing sectors in Hong Kong according to StandChart's SME Index

Finance and Insurance was the best performing sector for the first quarter.

HK, Croatia inks tax agreement

This will serve as a guide for investors on potential tax liabilities.

Gov’t introduces new measures to bolster financial ties with China

These measures will also benefit Hong Kong’s status as an international financial centre.