Economy

Consumer prices rise 2.4% YoY in December

The December inflation is lower than the November record of 2.6%.

Consumer prices rise 2.4% YoY in December

The December inflation is lower than the November record of 2.6%.

Jobless rate unchanged at 2.9%

The total number of unemployed people stands at 105,700.

HK Chief Exec concerned over Cathay Pacific flight cancellations

The Transport & Logistics Bureau will be in contact with the airlines’ management, CE John Lee said.

2024-2025 budget likely to focus on boosting recovery: expert

UOB experts expect measures on housing, low fertility, and talent.

Unemployment rate remains at 2.9%

There were 112,400 unemployed people from September to November.

Hong Kong kicks off public consultation on the 2024-25 budget

The 2024-25 budget will pursue development aimed at promoting stability.

Exports to grow by 4% to 6% in 2024

Exporters will focus on cash flow management next year.

Hong Kong rejects negative credit outlook rating

Moody's downgraded Hong Kong’s outlook rating from stable to negative.

HK, Saudi Arabia ink investment promotion pact

The pact will strengthen economic relations between the two markets.

Gov’t logs $172.9b deficit 

The figure covers the first seven months of the current financial year.

Inflation up 2.7% in October

Composite CPI increased by 1.7% YoY.

Digitalisation is mandatory for competitive business

Digital transformation goes beyond technology as it encompasses cultural and operational shifts in the business landscape.

Unemployment rate rises to 2.9%

There were 115,800 unemployed people from August to October.

FS Paul Chan meets APEC finance ministers in San Francisco 

Chan shared views on topics such as green and sustainable finance.

HK economy grows 4.1% YoY in 3Q23 

Despite the increase, the government cut its 2023 economic growth forecast to 3.2%.

2023 GDP growth to be above 3%: FS Chan

Export of services will be the main growth driver for the rest of the year.