News

The producer price index rose by 0.8% in the same quarter.

It is $78b higher than the GDP.

This has resulted in a 3.1% drop in total space office space occupied.

Around 40 companies were awarded in this year's Hong Kong Business Technology Excellence Awards and National Business Awards.

Marketing activites are said to start in the next few days.

Inbound travellers undergoing quarantine can book the hotel starting 15 September.

It can be redeveloped into a mega logistic and data centre.

It's higher than its target issuance amount of $35b.

They can leave the airport upon their arrival if they obtain a negative test result.

Of the total, $15.2b were from construction works performed at private sector sites.

The diffusion index (DI) on business receipts amongst SMEs rose to 45.4 in August.

The iPhone 14 Pro (128 GB) costs HK$8,599.

It held the top rank since the inception of the annual economic freedom report.   Despite a 0.28 point drop in its rating, Hong Kong still ranked first in the latest Economic Freedom of the World report by the Fraser Institute, making it the freest economy in the world.   According to the Fraser Institute, Hong Kong has held the top rank in the index since the inception of its annual economic freedom report in 1980. Frasers Institute issued the report in 1980, 1990, 2000, 2010, 2015, 2019, and 2020, with the latter being the latest edition.   Fraser Institute measures the degree of economic freedom in five areas – the size of government, legal system and property rights, sound money,  freedom to trade internationally, and regulation.   Hong Kong got a rating of 8.24, 7.5, 9.65, 8.73, and 8.84 in the five areas, respectively.   The government, for its part, welcomed the Fraser Institute's ranking, adding that the result affirms the city’s “commitment to maintaining an efficient, free, open and fair business environment.”   The government added that it will continue to consolidate Hong Kong's strengths ---  free flow of capital, free trade, judicial independence, and more  ---  to provide a conducive environment for businesses.

This is thanks to the moderated epidemic and eased health measures. 

COLI will enjoy savings in borrowing costs should it meet performance targets.

It will be sold on an “as-is” basis.