HK, Mexico sign investment pact

Secretary for Commerce & Economic Development Edward Yau has signed an investment promotion agreement to enhance investor confidence, expand investment flows and further strengthen...

Edward Yau attends WTO meetings

Secretary for Commerce & Economic Development Edward Yau attended the World Trade Organization (WTO) Informal Ministerial Gathering in Davos.   Held on the margins of the...

CE concludes Davos trip

Chief Executive Carrie Lam has attended the World Economic Forum (WEF) Informal Gathering of World Economic Leaders and met Dutch Prime Minister Mark Rutte.   She...

CE meets leaders in Davos

Chief Executive Carrie Lam has attended the World Economic Forum (WEF) Annual Meeting in Davos and met leaders from various sectors.   Mrs Lam joined a...

Edward Yau promotes HK in Davos

Secretary for Commerce & Economic Development Edward Yau met various political and business leaders on the sidelines of the World Economic Forum (WEF) Annual...

Second best year for Exchange Fund

The Exchange Fund recorded its second highest-ever investment income of $247.2 billion last year, with an investment return of 6.2%, the Monetary Authority announced...

Hong Kong card payments value to hit $59.6b by 2023

The number of card payments is expected to hit 1 billion in 2020. The value of card payments in Hong Kong...

UBS faces uphill battle to regain ground in Hong Kong after IPO ban

Handed in March last year, the ban was lifted two months earlier than expected. UBS Group faces a tough task of...

MOTIF builds a learning platform for skills in the fast-paced apparel industry

The startup offers eight programmes, which include courses on 3D transformation and apparel costing. E-learning platform MOTIF aims to plug the...

Industrial property transaction volumes surged 150% in Q4 2019

Rising redevelopment interest has countered the impact of social unrest. Industrial property transaction values and volumes skyrocketed by 86% and 150%...

31% of business owners expect worse conditions for Q1 2020

These were mostly under the hospitality, retail and logistics industries. Major business sectors have all demonstrated a bearish outlook for Q1...

Office rents down 1.5% in Q4 2019

Wanchai/Causeway Bay recorded the largest rental decline. Overall office rents fell faster by 1.5% in Q4 2019 compared to the 1%...

Unemployment rises to 3.3%

The seasonally adjusted unemployment rate was 3.3% in the period between October and December, up from 3.2% for the September-November period, the Census &...

Record number of firms invest in HK

Invest Hong Kong assisted 487 overseas and Mainland companies to set up or expand in Hong Kong last year, up 11.7% year-on-year, setting a...

December inflation up 2.9%

Overall consumer prices rose 2.9% year-on-year last December, the Census & Statistics Department announced today.   Netting out the effects of the Government's one-off relief measures,...

Moody’s downgrades Hong Kong, blames government response to protests

by Jerome Taylor Hong Kong’s reputation as a global business hub was dealt a fresh blow Monday after Moody’s downgraded a key rating, blaming a...

SME exhibitors subsidy set

The Commerce & Economic Development Bureau today announced a six-month scheme will be launched on February 1 to subsidise local small and medium enterprises...

Edward Yau to attend WTO session

Secretary for Commerce & Economic Development Edward Yau will leave for Davos on January 21 to attend the World Trade Organization (WTO) Informal Ministerial Gathering.   Mr...

Nov retail sales drop 23.6%

The value of total retail sales in November, provisionally estimated at $30 billion, fell 23.6% compared with the same month in 2018, the Census...

HK resilient in face of unrest: CE

Chief Executive Carrie...

Latest news