Economy
Patent box incentive boosts R&D investment in Hong Kong
New tax regime can attract R&D-focused businesses.
Patent box incentive boosts R&D investment in Hong Kong
New tax regime can attract R&D-focused businesses.
Financial instability curb spending and consumers turn to credit
Two in five consumers expect to be unable to pay their current bills and loans in full.
Exports value climbs 14.8% in May
There were significant gains in electrical machinery.
Consumer prices rise 1.2% YoY in May
Prices rose faster in May compared to April.
Hong Kong recovery on track amidst high interest rates
Economic growth was strong, but investment and property markets were affected.
Hong Kong reappoints HKSTP Chairman of the Board of Directors
The new members and reappointees will serve for two years starting on 1 July.
Hong Kong unemployment rate remains at 3%
It inched up by 0.1 percentage points to 1.2%.
British Chamber of Commerce HK appoints JLL's Jeremy Sheldon as chairman
He will serve until 2025.
HK lands 5th in world competitiveness ranking
The city’s economic performance, business efficiency, and infrastructure improved.
Economist lifts Hong Kong outlook, citing stronger economic prospects
UOB now predicts a 2.9% economic growth, up from 2.5%
Hong Kong leads as the world's most expensive city
Expensive housing, transportation, and goods drove up the city's cost of living.
Guangdong, HK, and Macao sign pact for enhanced emergency response
It will establish a government-led mechanism for handling regional emergencies.
HKMA reports 2.2% rise in total bank deposits
Total remittance of RMB for cross-border trade settlement saw $176b.
Companies adapt to new HKEX climate disclosures
Enhanced transparency and strategic adjustments drive corporate responses to the amended ESG Framework at the Hong Kong Stock Exchange.
Gov’t proposes fire safety penalty hike
Violators may soon pay as much as $200,000.
Govt greenlights tax relief bill
The bill will cut taxes on profit, salaries, and personal assessment.
Consumer price growth eases to 1.1% in April
Prices for transport, housing, and clothing saw increases in April.
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