Economy
Exports value drop 10.4% YoY to $374.77b in October
The deterioration of the external economic environment contributed to the fall.
Exports value drop 10.4% YoY to $374.77b in October
The deterioration of the external economic environment contributed to the fall.
Global financial leaders looking to hire more HK talent: Chan
The financial leaders' summit boosted the market's financial status.
Consumer prices up 1.8% in October but ‘smaller’ compared to September: C&SD
The increase in September 2022 was at 4.4%.
Joblessness drops to 3.8% between August and October
The total number of unemployed people stands at 147,400.
Industrial assets boost deals growth in Hong Kong: Colliers
There were 25 major deals with transaction volumes soared by 93%.
HK, Peru to kick start free trade pact negotiations on January 2023
The first round of talks will cover subjects such as trade in goods.
More Chinese, HK next gens set up ventures outside of family businesses
PwC said 20% of Hong Kong NextGens have their own businesses.
Volume of total exports down 15.3% YoY in September
Imports of goods also went down by 14% over September last year.
Hong Kong ponders lifting of more COVID restrictions
The government wants to further open up Hong Kong.
SME business optimism improves in October
But, next month’s expectations are more cautious.
Trade department increases business fund schemes
This covers the Bud Fund and EMF.
Hong Kong’s economic growth hinges on travel recovery
Advanced GDP estimates showed a drop of 4.5%.
Economy contraction widens in Q3 at 4.5%
In Q2, the economy shrank by 1.3%.
Government improves green lifestyle local tour incentive scheme starting 1 December
This includes raising the subsidy level to local tour participants to $300.
Value of total exports down 9.1% YoY in September
The value of exports declined to $401.6b in September 2022.
Inflation up 4.4% in September
This is up from only 1.9% in August.
Hong Kong rolls out 3-year local tour incentive programme
The government offers basic and advanced versions of cash incentives.
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