Jaleen Ramos
IRD lowers tax reserve certificate interest to 0.5500%
IRD lowers tax reserve certificate interest to 0.5500%
This is a reduction from the current rate of 0.7167%.
Hong Kong, Guangdong sign equine, aquatic export agreements
It will improve quarantine and customs procedures for horses, forage feed, and biological products.
MPF offsetting arrangement to end in May 2025
It will end the practice of using mandatory MPF contributions to offset SP and LSP.
HK’s labour force reaches 3.83 million in Q3
Total employment in Hong Kong during was 3.71 million.The total labor force in Hong Kong reached 3.83 million in Q3 2024, a slight increase from 3.82 million in the previous quarter, according to the Census and Statistics Department’s Quarterly Report on General Household Survey.
Transport receipts drop 12% in 2023
On a per establishment basis, receipts dropped 13.8% to $24.2m.
Renminbi rise to fuel Bank of China HK’s growth
The lender expects the currency to be used more often in cross-border deals.
Feed-in Tariff Scheme unlikely to continue beyond 2033
The scheme is set to expire at the end of 2033
Consumer prices inch up by 1.4% YoY in October
This marks a slowdown from the 2.2% increase recorded last month.
Family office growth fuels HK’s private wealth management sector optimism
The sector's Assets Under Management (AUM) almost tripled in 2023 compared to 2022.
MTR Corp. loses Elizabeth Line contract
It will be taken over by GTS Rail Operations Limited.
Gov’t unveils development plan for Hong Kong Park in Hetao innovation zone
The park will enter its operational phase in 2025.
Hong Kong economy up 1.8% YoY in Q3
On a seasonally adjusted QoQ basis, real GDP fell by 1.1%.
Hong Kong and Peru sign free trade agreement
It will take effect once both parties complete their internal procedures.
Emirates launches pilot recruitment roadshow in Hong Kong
It will take place on 21 and 22 November.
Lee calls for mutual respect in trade relations
He also stressed the importance of non-interference in local affairs.
17 strategic enterprises establish operations in Hong Kong
The new partners span a variety of high-tech industries.
Full-floor office at Wan Chai’s Convention Plaza for sale after 33 years
It spans approximately 16,225 square feet.
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