Economy

Stamp duty amendment bill to be introduced to LegCo

If approved, the new stamp duty rate will take effect in August 2021.

Stamp duty amendment bill to be introduced to LegCo

If approved, the new stamp duty rate will take effect in August 2021.

January retail sales drop 13.6%

Total retail sales amounted $32.6b in January 2021, partially linked to the Lunar New Year celebration.

Hong Kong's ultra wealthy population breaches 5,000

The ultra wealthy population is expected to grow by another thousand by 2025.

Ultra wealthy population in APAC to rise 33% in 2025

This is higher than the global average of 27% rise in ultra wealthy population.

Australian firms may bank on Hong Kong's growth in GBA: government

The Greater Bay Area’s economy is seen to reach over US$4.7t by 2030.

What the Big 4 say on Hong Kong's 2021/22 budget

Here’s how EY, Deloitte, PwC and KPMG weighed in on the increased stamp duty and more.

Hong Kong records $25.2b trade deficit in January

The country’s value of total export and increased both increased YoY.

EPD rolls out Reverse Vending Machine pilot scheme

Citizens will receive a $0.1 rebate for each beverage container returned.

Hong Kong Budget 2021: $8.4b for COVID-19 vaccines; no new taxes

The Hong Kong government sees 3.5%-5.5% economic growth in 2021.

WTO creates panel to settle dispute with US on 'Made in Hong Kong' label

The government has asserted the US ban on 'Made in Hong Kong' markings counters WTO rules.

Hong Kong's external merchandise trade up in December

Total volume of exports and imports rose by 11.6% and 13.7%, respectively.

Jobless rate climbs to 7% in January after COVID fourth wave

Census and Statistics Department said the rise to 7% unemployment rate is the highest in 17 years.

SMEs continue to suffer from pandemic

But they saw a slight improvement compared to December 2020.

China's M&A rises 30% to US$733.8b in 2020

This is driven by strong state and government investment support.

More business closures, layoffs imminent after Lunar New Year: Chan

The finance secretary said the current situation is still severe.

Export volume up 10.3% in September

However, year-to-date export volumes are still lower than that of 2019 YTD.