Paul Chan
Hong Kong allocates $65m for workforce development
Hong Kong allocates $65m for workforce development
Schools are also launching new programmes for aviation and finance.
5 days ago
Government to launch new hydrogen certification system
It will align the region with Mainland China and international markets.
6 days ago
Hong Kong eases stamp duty and eyes gold tax incentives
They will also help set up a trade association for the gold industry, said FS Chan.
6 days ago
Hong Kong to overhaul tax regime to attract more family offices
The amendment bill will be introduced in the first half of 2026.
6 days ago
Hong Kong to revise listing req’s and IPO process: FS Chan
Authorities will introduce reforms like an enhanced regulatory regime for listed companies.
6 days ago
Hong Kong doubles RMB business facility to $227.27b in global RMB push
They seek to increase RMB bond issuance and increase cross-border RMB transactions.
6 days ago
Hong Kong welcomes 18 new businesses
GlaxoSmithKline and Goertek Microelectronics are amongst the new entrants.
HKMA and AIIB to support emerging Asia venture capital
The partnership aims to develop innovative, green and technology-enabled infrastructure.The Hong Kong Monetary Authority (HKMA) and the Asian Infrastructure Investment Bank (AIIB) signed a partnership agreement to support venture capital (VC) in emerging markets in Asia, 26 June 2025.They will invest in a portfolio of VC funds to develop innovative technologies and business models for green and technology-enabled infrastructure in Asia’s emerging economies.“Energy transition and infrastructure development of the Global South require substantial financial investment and support from technological applications,” said Paul Chan, Financial Secretary of Hong Kong, “together with AIIB, we will keep promoting Hong Kong’s established ecosystem for VCs and innovators across the region.”
190,000 public houses to be completed over next 5 years
About 17,000 private housing units will be built per year over the same period.
Hong Kong halts sales of commercial sites
But this move “will be effective for the next five years only," a property analyst said.
Economy to grow 2.9% annually from 2026-29: FS Chan
Inflation rate is forecasted to be 1.5% in 2025.
Hong Kong to build $1b AI Research & Development Institute
The institute will be formed by the Digital Policy Office.
‘Strategic’ enterprises to invest $50b in Hong Kong and generate 20,000 jobs
The OASES will announce the new batch in March 2025.
New deal boosts Hong Kong firms' entry into Mainland service sectors
The agreement will take effect on 1 March 2025.
HKMA advises banks on flexibility with SME collateral
HKMA urged banks to be flexible, even if collateral values have declined.
Rollback of property cooling measures to spur sales, but no silver bullet to recovery
Analysts estimate up to a 15% sales increase, although prices may still fall in 2024.
HK lures 30 strategic enterprises to create 10,000 jobs: finance secretary
These companies will create 10,000 jobs in the market.
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