Economy
HK's financial centre status at risk with tightening of travel restrictions
The city’s rival hubs such as Singapore have already reopened.
HK retains rank as 3rd most competitive wealth management centre
Particularly, the city is highly competitive in the high-net-worth and mass affluent space.
What's the most crucial consideration in sustainable investments?
A study showed that it’s no longer the investment returns.
Consumer prices rise by 1.4% in September
The increase, however, was smaller than in the previous month's 1.6%.
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.
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