Economy

HK leads in business confidence index in GBA

However, the current performance index for business activity dropped to 50.6 from 54.1. Hong Kong posted the highest business expectations within the...

Home & Youth Affairs Bureau launches family education scheme

Deadline for submissions is on 22 November. The Home & Youth Affairs Bureau and the Family Council have launched a five-year “Funding Scheme on the...

Amended banking capital rules to take effect January 2025

These amendments incorporate the Basel III final reform package.

HKTE promotes initiatives abroad to attract talent

It will continue to promote opportunities abroad and target key markets. 

Diffusion index inches up to 41.6 in September

The one-month ahead outlook DI on business receipts rose to 47.

Hong Kong consumers delay big purchases amidst low confidence

They are now prioritising their personal well-being.

More than a third of HK consumers say their income increased in the last three months

This marks a seven-percentage point year-over-year (YoY) jump from Q3 2023.

HK ranks 4th amongst leading global sources of cross-border capital

Top three asset classes include the industrial, multifamily offices, and office sectors. Hong Kong ranked fourth amongst the largest global sources...

Hong Kong amongst best economies for international business

It excelled particularly in international trade, business entry, and utility services.

Hong Kong to focus on new development areas

Chief Executive John Lee outlined key development priorities.

Hong Kong deposits see modest growth in August, up 1.1% YoY

Year-to-date, total deposits have grown by 5.0%.

Hong Kong strengthen ties with European businesses

He encouraged British businesses and talent to explore opportunities in Hong Kong.

Paul Chan visits Madrid to bolster Hong Kong-Spain ties

This was during his visit to Madrid, Spain.