Economy

Which sectors are expecting their situation to improve by end-2021?

Only 14% of businesses believe their situation will get better in Q4.

Which sectors are expecting their situation to improve by end-2021?

Only 14% of businesses believe their situation will get better in Q4.

Unemployment rate slightly dips to 4.5% 

The number of jobless persons was down by around 7,100

Composite interest rate remains at 0.19% by end-September 2021

This is as the weighted funding cost for deposits was steady during the month.

Lam on leave after suffering minor elbow fracture from fall

Chief Secretary for Administration, John Lee, to take over until Lam recovers.

External merchandise trade volume rises double digits in August

Total exports and imports of goods increased by 18.6% and 21%, respectively.

Gov't, BritCham HK discuss plans for commerce and trade 

Secretary for Commerce and Economic Development Edward Yau laid out plans for the sector under the latest Policy Address.

HK to implement int’l tax reform on base erosion, profit shifting

The reforms will target large multinational enterprise groups.

Foreign currency reserves amount to $495b end-September

This represents about seven times the currency in circulation.

Lam unveils plans to make HK a 'bridge' for int'l markets

Amongst the projects she laid out was the development of a 'smart port'.

EU includes HK in tax cooperation watchlist

It looked into the non-taxation of certain foreign-sourced passive income.

HK welcomes USD sovereign bonds

The government will announce the issuance arrangement separately later.

InvestHK's business environment report sets record straight vs biased news: Phillips

Biased media reports yielded to international investors' misconceptions, he said.

Hong Kong to remain as 'super-connector' for international businesses

The region attributes business stability to the 2020 National Security Law.

HK places third in Global Financial Centres Index

The UK think tank Z/Yen and the China Development Institute authored the report.

HKEX proposes prudent approach on SPAC listings

The public consultation will end on 31 October.

11,700 Hong Kongers lose their jobs mid-year

Total employment in the private sector decreased by 0.4%.

August inflation up by 1.6%

The inflation rate is at 1.2%.