Hong Kong Business News
香港商業資訊
News Article List |
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June exports value up 10.7%25-7-2024
The value of Hong Kong’s total exports increased to $373.5 billion in June, up 10.7% on the same month last year, the Census & Statistics Department announced today. The value of imports of goods increased 9% to $429.2 billion in the same period. A trade deficit of $55.7 billion, or 13% of the value of imports, was recorded in June. |
Digital Policy Office established25-7-2024
The Digital Policy Office (DPO) has been officially established under the Innovation, Technology & Industry Bureau, the bureau announced today. Taking the lead in promoting data-driven, people-centric and outcome-based digital policies within the Government and across various sectors for enhancing the Government’s efficiency and services, the D... |
FS wraps up Beijing visit24-7-2024
Financial Secretary Paul Chan concluded his visit to Beijing today by calling on the leadership of various central authorities related to finance and financial services. Mr Chan met Office of the Central Commission for Financial & Economic Affairs Deputy Director in charge of routine work and Office of the Central Rural Work Leading Group Directo... |
‘ASEAN states have key advantages’22-7-2024
President of The Chinese Manufacturers' Association of Hong Kong Wingco Lo, who will travel to Laos, Cambodia and Vietnam later this month as part of a delegation led by Chief Executive John Lee, believes opportunities for growth and transformation await Hong Kong businesses in Southeast Asia amid a rapidly changing economic landscape and geopolitical situ... |
HK can be ASEAN-GBA connector22-7-2024
A local chamber of commerce believes Hong Kong firms can grow their business in Southeast Asia by leveraging the city’s strengths in integrating various industries in the Greater Bay Area (GBA). Chief Executive John Lee will visit Laos, Cambodia and Vietnam, three members of the Association of Southeast Asian Nations (ASEAN), at the end of this mon... |
June sees 1.5% Inflation22-7-2024
Overall consumer prices rose 1.5% in June, year on year, higher than the 1.2% increase in May, the Census & Statistics Department announced today. Netting out the effects of the Government’s one-off relief measures, underlying inflation was 1%, the same as in May. Compared with June last year, price increases were seen in the following ca... |
FS bound for Beijing22-7-2024
Financial Secretary Paul Chan will depart Hong Kong late this afternoon for Beijing, where he will call on relevant central ministries and institutions to discuss strengthening co-operation and exchange. He will return to Hong Kong on Wednesday evening. Secretary for Financial Services & the Treasury Christopher Hui, Monetary Authority Chief Exec... |
I&T opportunities abound in ASEAN19-7-2024
When Chief Executive John Lee visits Laos, Cambodia and Vietnam later this month, Legislative Councillor for the Technology & Innovation Functional Constituency Duncan Chiu will be part of his delegation. Looking ahead to the visit, Mr Chiu highlighted that the total population of the three countries – each of them member states of the Associat... |
Govt concerned over IT outage19-7-2024
The Government expressed its concern over the massive outage of Microsoft systems today and assigned Deputy Chief Secretary Cheuk Wing-hing to monitor the situation. The Government said the operation of its systems remains normal and that no incident reports have been received from any departments in relation to their systems, including those on whic... |
Local firms hit record 1.44m19-7-2024
The Companies Registry today announced that 66,734 local companies were newly registered during the first half of 2024, bringing the total number of registered local companies to 1,440,935, an all-time high figure. Meanwhile, 501 non-Hong Kong companies have newly established a place of business in the city and were registered under the Companies Ord... |
Institutional green bonds issued18-7-2024
The Government today announced the successful offering of approximately HK$25 billion worth of green bonds denominated in renminbi (RMB), US dollars and euros under its Sustainable Bond Programme. The bonds, which have been assigned credit ratings of AA+ by S&P Global Ratings and AA- by Fitch, are expected to be settled on July 2... |
Housing sale permitted in cultural hub17-7-2024
The Chief Executive-in-Council yesterday conditionally approved the relaxation of the Enhanced Financial Arrangements for the West Kowloon Cultural District (WKCD) to lift the “Build-Operate-Transfer only” restriction for residential developments within Zone 2 of the cultural district and permit the sale of residential developments. Announcing th... |
Stablecoin views released17-7-2024
The Financial Services & the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA) today jointly issued the consultation conclusions on the legislative proposal to implement a regulatory regime for fiat-referenced stablecoin (FRS) issuers in Hong Kong. During the two-month public consultation period completed in February, 108 submiss... |
Tapping ASEAN business potential16-7-2024
Chief Executive John Lee will lead a delegation to visit Laos, Cambodia, and Vietnam later this month to promote Hong Kong and explore business opportunities. The Trade Development Council stated that the three countries, all of them in ASEAN (the Association of Southeast Asian Nations), each have significant potential, and present opportunities for ... |
HK I&T talent lauded15-7-2024
The Innovation & Technology Commission held the Reception for I&T Awards 2024 today, where more than 300 representatives from the local innovation and technology (I&T) sector, including academics, scientists, and representatives of institutes and government departments were commended for bringing Hong Kong glory by showcasing its I&T streng... |
Govt launches E-commerce Easy15-7-2024
The Government launched E-commerce Easy under the Dedicated Fund on Branding, Upgrading & Domestic Sales (BUD Fund) today, with the goal of helping enterprises to develop the Mainland market through e-commerce. The Trade & Industry Department made the announcement and in addition to explaining that the cumulative funding ceiling of E-... |
HK-Guangdong conference held12-7-2024
Chief Executive John Lee and Guangdong Governor Wang Weizhong co-chaired the 24th Plenary of the Hong Kong/Guangdong Co-operation Joint Conference in Guangzhou today. |
Belt-Road conference held in Beijing12-7-2024
The Hong Kong Special Administrative Region Government, the National Development & Reform Commission (NDRC) and relevant central ministries today held the seventh Joint Conference on Advancing Hong Kong's Full Participation in & Contribution to the Belt & Road Initiative in Beijing. NDRC Vice Chairman Zhao Chenxin attended the conference ... |
Business chambers hail travel card10-7-2024
The New Zealand Chamber of Commerce in Hong Kong (NZCCHK) and the French Chamber of Commerce & Industry in Hong Kong (FCCIHK) have both eagerly welcomed the implementation of the new Mainland Travel Permit for Hong Kong & Macao Residents (non-Chinese Citizens) by the Exit & Entry Administration of China. The new permit was announced on 1 July 2... |
Views sought on AI copyright issues8-7-2024
The Government today launched a two-month public consultation on enhancing the Copyright Ordinance (CO) with regard to artificial intelligence (AI) technology development. The consultation document explores issues relating to copyright protection of AI-generated works, copyright infringement liability for AI-generated works, the possible intro... |
Cathay to buy back remaining shares5-7-2024
The Government said that it is pleased to note the decision by Cathay Pacific Airways to buy back all of its remaining preference shares. |
Issuance of travel card welcomed5-7-2024
Three foreign chambers of commerce in Hong Kong have welcomed the announcement that non-Chinese Hong Kong permanent residents are eligible to apply for a new Mainland Travel Permit for Hong Kong & Macao Residents (non-Chinese Citizens). The national Exit & Entry Administration will start issuing the card-type document on July 10 to facil... |
'Patent box' tax concession enacted5-7-2024
The Inland Revenue (Amendment) (Tax Concessions for Intellectual Property Income) Ordinance 2024 has been published in the Gazette. The amendment ordinance implements the Government’s “patent box” tax incentive, which provides tax concessions for qualifying profits derived from eligible intellectual property (IP). It comes into force today and ... |
Opportunities await Hong Kong4-7-2024
I would like to, first of all, thank Phil (Manulife Asia President & Chief Executive Officer Phil Witherington) for bringing up this new card-type travel document, to have great convenience to visit the Mainland. I would like to highlight that it is actually a big policy breakthrough. It may be a step in your convenience, but it is a big step in making... |
Govt welcomes deposit bill passage3-7-2024
The Government welcomed the passage of an amendment bill to enhance the Deposit Protection Scheme (DFS) by the Legislative Council today, raising the protection limit from the current $500,000 to $800,000. Other enhancements to the scheme include refining the levy system to enable the DPS Fund underpinning the scheme to reach the target fund size wit... |
Hotel tax to be resumed3-7-2024
The Government served a notice to the Legislative Council today to move a resolution under the Hotel Accommodation Tax Ordinance to resume the collection of hotel accommodation tax (HAT). Under the ordinance, the HAT is imposed on hotel and guesthouse accommodation, and is levied on the accommodation charges payable by guests to hotel or guesthouse p... |
Govt set for low-altitude economy3-7-2024
The Government is exploring ways to promote low-altitude flying activities and will implement low-altitude economy pilot projects in a gradual and orderly manner, Acting Secretary for Transport & Logistics Liu Chun-san said today. Replying to lawmakers’ questions at the Legislative Council, Mr Liu noted that the concepts of a low-altitude econo... |
Company re-domiciliation vital for HK3-7-2024
Today, the Financial Services & the Treasury Bureau (FSTB) published the public consultation conclusion and latest legislative proposals for the company re-domiciliation regime. I would like to take this opportunity to share the thinking behind the proposals as well as the highlights therein. A focused policy to draw in enterprises I... |
New investment visas granted3-7-2024
The first batch of visa applications under the New Capital Investment Entrant Scheme were approved in June, the Immigration Department announced today. Launched on March 1, the new scheme had received 339 applications and over 3,700 enquiries by June 30. The department approved three applications from applicants who had already made investments... |
InvestHK sees rise in firms assisted2-7-2024
Invest Hong Kong (InvestHK) today announced that it assisted 322 Mainland and overseas companies to set up or expand operations in Hong Kong during the first six months of 2024, representing a 43% year-on-year increase. The total investment brought to the local economy reached HK$38.3 billion, up 6% year on year, with more than 3,500 job opportunitie... |
May retail sales down 11.5%2-7-2024
The value of total retail sales in May, provisionally estimated at $30.5 billion, decreased 11.5% compared with the same month last year, the Census & Statistics Department announced today. After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales for the month was 12.9% lower... |
Trade services discussions conclude1-7-2024
Chief Executive John Lee today welcomed the substantial conclusion of the consultations between the Ministry of Commerce and the Hong Kong Special Administrative Region Government for further liberalisation of trade in services under the Mainland & Hong Kong Closer Economic Partnership Arrangement (CEPA). Mr Lee said he looks forward to finalisin... |
Senior officials celebrate July 11-7-2024
Acting Chief Secretary Cheuk Wing-hing, Deputy Secretary for Justice Cheung Kwok-kwan and Secretary for Constitutional & Mainland Affairs Erick Tsang celebrated the July 1 holiday by dining at Wan Chai Bowrington Road Cooked Food Centre. |
Scheme boosts green fintech in HK28-6-2024
The seminar on “Green Fintech: Catalyst for Scaling Sustainable Finance”, which focused on green finance technology, was one of the key events of Hong Kong Green Week held by the Government earlier this year. During the event, the Green & Sustainable Finance Cross-Agency Steering Group announced the Prototype Hong Kong Green Fintech Map, providing ... |
Duty-free allowance increased28-6-2024
The Hong Kong Special Administrative Region Government today welcomed an increase to the duty-free allowance for Mainland residents entering the Mainland from Hong Kong. The central government will raise the duty-free allowance for luggage articles brought into the Mainland by Mainland visitors travelling from Hong Kong from the current level of RMB5... |
Fragrance exhibition opens Jun 2827-6-2024
The Hong Kong Museum of Art (HKMoA) will stage an exhibition from tomorrow to October 16 to showcase a selection of 160 precious items about the Chinese fragrance culture in different periods of time, the Leisure & Cultural Services Department announced today. The “Fragrance of Time - In Search of Chinese Art of Scent” exhibition featu... |
Telemarketing rules strengthened26-6-2024
Twelve trade associations from seven industries together launched the enhanced Industry Regulatory Scheme for Marketing Calls to further expand and strengthen industry regulation of marketing calls today. The Commerce & Economic Development Bureau and the Office of the Communications Authority jointly hosted the Launch Ceremony of the Enhanced In... |
May exports value up 14.8%25-6-2024
The value of Hong Kong’s total exports increased to $375.9 billion in May, up 14.8% on the same month last year, the Census & Statistics Department announced today. The value of imports of goods increased 9.6% to $388.1 billion in the same period. A trade deficit of $12.1 billion, or 3.1% of the value of imports, was recorded in May. <... |
HK, Armenia sign tax pact24-6-2024
Hong Kong today signed a comprehensive avoidance of double taxation agreement (CDTA) with Armenia. Secretary for Financial Services & the Treasury Christopher Hui said the CDTA is the 50th agreement that Hong Kong has concluded, marking a major milestone in the Hong Kong Special Administrative Region Government's drive to expand the city's... |
AI the key to HK’s tech devt24-6-2024
The relationship between artificial intelligence (AI) and life science is transformative, and holds immense potential to drastically change the pharmaceutical industry and the medical and health sector. Large Language Models, or LLMs, have enabled researchers to decode protein or molecular sequences, generate new protein structures and construct new combin... |
Inflation at 1.2% in May21-6-2024
Overall consumer prices rose 1.2% in May year-on-year, slightly up from the 1.1% increase in April, the Census & Statistics Department announced today. Netting out the effects of the Government’s one-off relief measures, underlying inflation was 1%, also slightly higher than the 0.9% increase in April. Compared with May last year, price i... |
CE attends InvestHK reception20-6-2024
Chief Executive John Lee today welcomed over 400 senior representatives from Mainland and foreign companies at an Invest Hong Kong (InvestHK) reception, thanking them for their lasting confidence in Hong Kong’s business environment. He also called upon them to continue using the city’s global advantages to expand their business worldwide. A... |
Christopher Hui joins Shanghai forum19-6-2024
Secretary for Financial Services & the Treasury Christopher Hui today attended the 2024 Lujiazui Forum and visited a specialist technology firm in Shanghai. At the forum, Mr Hui addressed the second plenary session, “Strengthening International Monetary Policy Co-ordination & Addressing the Challenges of Global Economic Recovery”. H... |
Market reform takes effect Sept 2318-6-2024
Maintaining trading under severe weather conditions is a key step in enhancing the competitiveness of Hong Kong's market. This reform, being one of the policy initiatives set out in the Policy Address and the Budget as well as a recommendation made by the Task Force on Enhancing Stock Market Liquidity, has won overwhelming support from the financial sector... |
Christopher Hui heads for Shanghai18-6-2024
Secretary for Financial Services & the Treasury Christopher Hui will depart for Shanghai tomorrow to attend the 2024 Lujiazui Forum. |
HK ranks 5th in competitiveness18-6-2024
Hong Kong was ranked the fifth most competitive economy by the International Institute for Management Development in its World Competitiveness Yearbook 2024, up two places from last year. Among the four competitiveness factors, Hong Kong's rankings in business efficiency and infrastructure rose notably and came within the top 10 globally. The c... |
Interest in Sandy Ridge site invited17-6-2024
The Innovation, Technology & Industry Bureau and the Office of the Government Chief Information Officer (OGCIO) today invited expressions of interest (EOI) for the development at Sandy Ridge in North District for innovation and technology and related purposes. The OGCIO pointed out that a change in the use of the site, which is located in the Nor... |
AI dog traces source of pollution14-6-2024
With the goal of leveraging technology to enhance work efficiency, the Environmental Protection Department introduced the Artificial Intelligence (AI) Environmental Air Nuisance Investigation Robot Dog to assist the department’s investigators in handling air pollution incidents. With its capabilities of identifying the properties of unknown gases a... |
CreateHK restructuring announced14-6-2024
Create Hong Kong (CreateHK) of the Culture, Sports & Tourism Bureau has been restructured as the Cultural & Creative Industries Development Agency (CCIDA) starting today. The bureau made the announcement today and explained that the goal of restructuring is to proactively promote the development of arts, culture and creative sectors as indust... |
Public services kiosks set up in SZ14-6-2024
The Innovation, Technology & Industry Bureau announced today the setting up of two Hong Kong Cross-boundary Public Services self-service kiosks in Shenzhen. The self-service kiosks give enterprises and residents in Mainland cities of the Greater Bay Area one-stop access to more than 60 Hong Kong Special Administrative Region Government ser... |
SZ-HK financial co-op body formed13-6-2024
The Shenzhen-Hong Kong Financial Co-operation Committee was established and convened its first meeting in Hong Kong today. The committee is co-chaired by Secretary for Financial Services & the Treasury Christopher Hui and Shenzhen Municipal People's Government Vice-Mayor and Director General of the Office of the Financial Affairs Committee of the... |
Online job fair attracts 240k views12-6-2024
Hong Kong Talent Engage (HKTE) co-hosted an online job fair with recruitment platforms in Hong Kong and the Mainland today, with over 240,000 views and over 2,000 job applications submitted online in about two hours. Delivering the fair's opening remarks, Secretary for Labour & Welfare Chris Sun said he hoped the webcast could help those interest... |
Corporate summer internships start11-6-2024
The Scheme on Corporate Summer Internship on the Mainland & Overseas 2024 began today. Speaking at the kick off ceremony, Chief Secretary Chan Kwok-ki said the scheme has been well regarded since its launch in 2018 and has benefitted over 700 Hong Kong youths so far. He described the scheme as highlighting Hong Kong's distinctive advantages... |
HK payload specialist chosen11-6-2024
Chief Executive John Lee congratulated a Hong Kong payload specialist on being selected as one of the country's fourth batch of preparatory astronauts, after the China Manned Space Agency announced the completion of the recruitment today. Mr Lee said it is the first time a Hong Kong Special Administrative Region citizen has been selected as a ... |
Treasury chief concludes Europe visit7-6-2024
Secretary for Financial Services & the Treasury Christopher Hui yesterday visited Lisbon, Portugal, to meet senior officials and local business leaders there. Mr Hui met Portuguese Secretary of State for Tax Affairs Cláudia Reis Duarte to exchange views on international tax co-operation. On the removal of Hong Kong from the European Union ... |
Christopher Hui visits Spain6-6-2024
Secretary for Financial Services & the Treasury Christopher Hui attended a technology and startup summit in Madrid, Spain, and met the top management of the Spanish stock exchange yesterday. Mr Hui joined the South Summit in the capital of Spain that brought together some 500 speakers, 120 investment funds and over 20 unicorns from around the wor... |
CE meets Guangzhou mayor6-6-2024
Chief Executive John Lee today met Guangzhou Municipal Government Mayor Sun Zhiyang to exchange views on deepening Hong Kong's co-operation with Guangzhou. &nbs... |
Cultural co-operation meeting held6-6-2024
The 22nd Greater Pearl River Delta Cultural Cooperation Meeting, co-ordinated by the Culture, Sports & Tourism Bureau, concluded in Hong Kong today. During the meeting attended by about 130 officials and representatives of relevant associations, working group meetings, a meeting of culture departments’ leaders of the three places and a m... |
Data, facts reflect HK's bright future5-6-2024
The Government today said the remarks by some individuals on Hong Kong's economic and financial development have clearly overlooked the city’s existing advantages and the current positive development momentum and added that it needs to set the record straight. In a statement, the Government stressed that the real economic growth rates of the... |
Christopher Hui visits the Netherlands5-6-2024
Secretary for Financial Services & the Treasury Christopher Hui has started his visit to the Netherlands by meeting senior financial officials and fintech professionals as well as joining fintech event Money 20/20 Europe. During the fireside chat "Regulating the Next Wave of Financial Innovation: Lessons from the East" at Money 20/20 Europe, Mr H... |
APIs launched to draw global talent5-6-2024
The Government today launched a new set of TV Announcements in the Public Interest (APIs) to appeal to talent across professions on the Mainland and overseas to settle in Hong Kong. The Hong Kong Talent Engage (HKTE) said the new APIs feature the city’s vibrant and colourful lifestyle, followed by nine arriving talented individuals of different pro... |
City in Time tourism project enhanced5-6-2024
The Tourism Commission today extended the City in Time tourism project to Lei Yue Mun and upgraded its mobile app features simultaneously to enrich the experience of both locals and tourists. Secretary for Culture, Sports & Tourism Kevin Yeung said with the concept of “Tourism is everywhere in Hong Kong”, the City in Time project lets locals ... |
Govt helps ease retail trade pressure5-6-2024
Various measures implemented by the Government could alleviate the operating pressure on the retail sector and help it further develop businesses, Secretary for Commerce & Economic Development Algernon Yau told the Legislative Council today. Along with a rise in employment earnings, stabilisation of asset markets and further revival in inbound to... |
Property sales dip 25.5%4-6-2024
The Land Registry logged 7,361 sale and purchase agreements for all building units received for registration in May, down 25.5% compared with April but 39.3% higher year-on-year. The total consideration for such agreements in May dropped 25.8% from April, to $62.3 billion, while a 39.8% year-on-year increase was recorded. Of the agreements, ... |
Hospitality Campaign launched3-6-2024
Secretary for Culture, Sports & Tourism Kevin Yeung today announced the launch of the Hospitality Campaign involving the Culture, Sports & Tourism Bureau, the Education Bureau, the Home Affairs Department, the Tourism Board as well as related government bodies, trades and the community. Mr Yeung said: “With the Government’s series of hosp... |
Christopher Hui headed for Europe2-6-2024
Secretary for Financial Services & the Treasury Christopher Hui will depart on a visit to the Netherlands, Spain and Portugal tonight, and will return to Hong Kong on June 8. The visit is aimed at promoting Hong Kong's vibrant fintech scene, as well as Web3-based financial innovation. Mr Hui will hold bilateral meetings with senior official... |
Mainland tourism trade welcomed2-6-2024
Secretary for Culture, Sports & Tourism Kevin Yeung today gave a warm welcome to representatives of the tourism industry and media of the eight cities which were recently added to the Individual Visit Scheme, as they began a visit to Hong Kong. The eight cities are Taiyuan, Hohhot, Harbin, Lhasa, Lanzhou, Xining, Yinchuan and Urumqi. ... |
Services funding round opens1-6-2024
The Professional Services Advancement Support Scheme has opened a new round of applications for funding from non-profit-distributing organisations, running from today until August 31. Eligible organisations include professional bodies, trade and industrial organisations, and research institutes. Involving a total allocation of ... |
Paul Chan tours US tech firms31-5-2024
Financial Secretary Paul Chan yesterday concluded his visit to the US by visiting two technology companies in Silicon Valley. One of the companies recycles plastic materials. Mr Chan toured their research and development (R&D) facilities to learn about their patented technologies. He also introduced Hong Kong's policies in promoting innovat... |
April retail sales drop 14.7%31-5-2024
The value of total retail sales in April, provisionally estimated at $29.6 billion, was down 14.7% compared with the same month in 2023, the Census & Statistics Department announced today. After netting out the effect of price changes over the same period, the provisional estimate of the volume of total retail sales for the month was 16.5% lower ... |
FS attends Bay to Bay Dialogue30-5-2024
On day two of his visit in the US, Financial Secretary Paul Chan took part in a dialogue between the California Bay Area and the Guangdong-Hong Kong-Macao Greater Bay Area and a function on climate action in Berkeley, California. |
CE welcomes Thai PM29-5-2024
Chief Executive John Lee today met Thai Prime Minister Srettha Thavisin who is in Hong Kong again after his last visit in October last year. Welcoming the prime minister, Mr Lee noted that Hong Kong and Thailand have frequent economic and trade exchanges. Thailand is Hong Kong's fourth-largest trading partner among the Association of Southeast ... |
FS begins US visit29-5-2024
Financial Secretary Paul Chan yesterday began a visit to the US, where he delivered a keynote speech at a business lunch and witnessed the signing of a memorandum of understanding (MOU) between Invest Hong Kong and partners in the San Francisco Bay Area. The lunch was co-organised by the Hong Kong Economic & Trade Office in San Francisc... |
Tenements rating system revised29-5-2024
The progressive rating system for domestic tenements will be implemented as proposed in the 2022-23 Budget and take effect from the fourth quarter of 2024-25 onwards, the Government announced today. The Rating (Amendment) Bill 2024 will be published in the Gazette on May 31 and introduced into the Legislative Council on June 12 to give effect to the ... |
Innotech research pacts signed28-5-2024
Secretary for Innovation, Technology & Industry Prof Sun Dong today witnessed the signing of a Memorandum of Understanding by 24 university research teams for projects participating in the RAISe+ Scheme. They are the first batch of projects joining the RAISe+ Scheme. The total funding amounts to over $1 billion and covers health and... |
More HK firms to use AI: CE28-5-2024
I welcome this opportunity to update this powerful audience on Hong Kong, where we are today, and where we plan to be tomorrow and in the time ahead. First, my congratulations to UBS for hosting the 27th Asian Investment Conference here in Hong Kong. Some 3,000 prominent leaders of global family offices, institutional investors, entrepreneurs and top... |
CE meets maritime leaders27-5-2024
Chief Executive John Lee today met International Maritime Organization (IMO) Secretary-General Arsenio Antonio Domínguez Velasco and International Chamber of Shipping (ICS) Secretary General Guy Platten. Welcoming the two international maritime leaders and their teams to Hong Kong, Mr Lee stressed that Hong Kong is an international shippin... |
Kevin Yeung meets games athletes27-5-2024
Secretary for Culture, Sports & Tourism Kevin Yeung today visited the Hong Kong Sports Institute (HKSI) to learn about Hong Kong athletes’ preparations for the 2024 Paris Olympic Games and Paralympic Games. Accompanied by the Commissioner for Sports Sam Wong, Mr Yeung toured the fencing hall, the table tennis hall, the fitness trainin... |
Visit scheme extension begins27-5-2024
Secretary for Culture, Sports & Tourism Kevin Yeung visited the Tourism Board’s Hong Kong International Airport Visitor Centre today, as the Individual Visit Scheme (IVS) was extended to cover eight more Mainland cities. The eight cities are Taiyuan, Hohhot, Harbin, Lhasa, Lanzhou, Xining, Yinchuan and Urumqi, and the extension takes ... |
FS briefed on smart airports25-5-2024
Financial Secretary Paul Chan called on Groupe ADP’s Innovation Hub, toured VivaTech 2024 and visited the Théâtre National de Chaillot during his trip to Paris, France. Joined by Secretary for Innovation, Technology & Industry Prof Sun Dong and Under Secretary for Constitutional & Mainland Affairs Clement Woo, Mr Chan visited the Innovati... |
Sha Tau Kok working group mtg held24-5-2024
The first meeting of the Working Group for Sha Tau Kok Co-operation Zone under the Task Force for Collaboration on the Northern Metropolis Development Strategy was held in Shenzhen today. |
Sun Dong attends tech expo in Paris24-5-2024
Secretary for Innovation, Technology & Industry Prof Sun Dong today attended VivaTech 2024 in Paris, France, giving the attendees an update on Hong Kong's ever-growing startup scene. |
HK an ideal entry point to GBA: FS24-5-2024
Financial Secretary Paul Chan today promoted the enormous business opportunities brought by the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) for European businesses to over 400 French and European leaders of commercial and industrial sectors at a conference in Paris. |
Govt expresses concerns on UK case23-5-2024
Secretary for Commerce & Economic Development Algernon Yau today met the Deputy Consul-General of the UK in Hong Kong on the incident regarding the Hong Kong Economic & Trade Office (ETO) in London. In a statement, the Commerce & Economic Development Bureau said that as the UK Consul-General is not in Hong Kong, Mr Yau met the Deputy Cons... |
April sees 1.1% inflation23-5-2024
Overall consumer prices rose 1.1% in April year-on-year, smaller than the 2% increase in March, the Census & Statistics Department announced today. Netting out the effects of the Government’s one-off relief measures, the underlying inflation rate was 0.9%, also smaller than March's 1% increase. Compared with April last year, price increas... |
Sun Dong begins visit to Belgium23-5-2024
Secretary for Innovation, Technology & Industry Prof Sun Dong yesterday began his visit to Brussels, Belgium, where he met European Commissioner for Innovation, Research, Culture, Education & Youth Iliana Ivanova. Prof Sun pointed out that it was the first time in recent years that a principal official of the Hong Kong Special Administrative ... |
FS to visit France, US22-5-2024
Financial Secretary Paul Chan will depart today on visits to Paris, France, and to California, in the US, and will return to Hong Kong on June 1. In Paris, Mr Chan will attend the Guangdong-Hong Kong-Macao Greater Bay Area & Europe (France) Economic & Trade Cooperation Conference, the organisers of which include the Guangdong People... |
Passage of tax relief bill welcomed22-5-2024
The Government welcomed the passage of the Inland Revenue (Amendment) (Tax Concessions and Two-tiered Standard Rates) Bill 2024 by the Legislative Council today. The bill gives effect to the Government's proposals announced in the 2024-25 Budget and the 2023 Policy Address, which includes reducing salaries tax, tax under personal assessment and profi... |
Kevin Yeung attends tourism summit22-5-2024
Secretary for Culture, Sports & Tourism Kevin Yeung, at the Ministry of Culture & Tourism’s invitation, attended the 14th China-US Tourism Leadership Summit held in Xi’an today and spoke at a thematic seminar session. Noting that Hong Kong has been an important gateway for visitors from the US to travel to Mainland China and Asia, Mr Yeun... |
HK to host 210 mega events in '2421-5-2024
(To watch the full press conference with sign language interpretation, click here.) More than 100 mega events will be held in Hong Kong in the second half of 2024, which will bring the total number of mega events in the city to at least 210 this year. Deputy Financial Secretary Michael Wong made the statement at a press conference today,... |
Youth get financial planning support21-5-2024
The kick-off ceremony of the Youth Financial Education Programme, launched by the Home & Youth Affairs Bureau and the Investor & Financial Education Council, was held today. It was announced in the 2023 Policy Address that the Government would launch a pilot scheme to provide young people with financial planning and counselling services as we... |
Tech chief to visit Belgium, France21-5-2024
Secretary for Innovation, Technology & Industry (SITI) Prof Sun Dong will depart tonight for a visit to Belgium and France to strengthen the city’s ties and co-operation in innovation and technology (I&T) with the European Union and France. In Paris, Prof Sun will attend VivaTech 2024, Europe’s largest technology and startup event that wi... |
Kevin Yeung heading to Xi'an21-5-2024
Secretary for Culture, Sports & Tourism Kevin Yeung will depart for Xi’an, Shaanxi Province this afternoon to attend a high-level tourism-related meeting. Mr Yeung will return to Hong Kong on May 22. During his absence, Under Secretary for Culture, Sports & Tourism Raistlin Lau will be Acting Secretary. ... |
Alert issued on fake messages20-5-2024
The Commerce & Economic Development Bureau today alerted the public to fraudulent WhatsApp messages purportedly sent by the Secretary for Commerce & Economic Development (SCED). The bureau and SCED have no connection with the fraudulent messages which have been reported to Police. Citizens are reminded to stay alert to suspicious messag... |
Free trade area a worthy goal19-5-2024
Secretary for Commerce & Economic Development Algernon Yau called on Asia-Pacific Economic Cooperation member economies to reaffirm the goal of the Free Trade Area of the Asia-Pacific (FTAAP) to fulfil the promise of shared prosperity. |
Algernon Yau joins APEC session18-5-2024
Secretary for Commerce & Economic Development Algernon Yau delivered a speech at the "Trade Liberalisation: World Trade Organization (WTO)" session at the Asia-Pacific Economic Cooperation Ministers Responsible for Trade Meeting in Arequipa, Peru.
During such discourse, Mr Yau shared his insights on how to reinforce the WTO's credibi... |
Film pact signed at Cannes17-5-2024
Leading a Hong Kong film industry delegation at the 77th Cannes Film Festival, in France, Secretary for Culture, Sports & Tourism Kevin Yeung yesterday attended the signing ceremony for a memorandum of understanding (MOU) on film and television co-operation between Create Hong Kong and France’s Centre national du cinéma et de l'image animée. |
HK expands e-CNY pilot17-5-2024
The Hong Kong Monetary Authority (HKMA) and the People's Bank of China (PBoC) today expanded the scope of the e-CNY pilot in Hong Kong to facilitate the set up and use of e-CNY wallets by Hong Kong residents. At a press briefing this afternoon, the authority explained that the e-CNY will provide an additional safe, convenient and innovative means of ... |
HK-Peru trade deal nears completion17-5-2024
Secretary for Commerce & Economic Development Algernon Yau and Peru’s Minister of Foreign Trade & Tourism Galdo Marín have jointly announced the substantial conclusion of negotiations over a free trade agreement (FTA) between Hong Kong and Peru. They made the announcement in a meeting held on the sidelines of the Asia-Pacific Eco... |
Tourism chief meets trade reps14-5-2024
Secretary for Culture, Sports & Tourism Kevin Yeung today met representatives from the tourism, hotel, aviation, catering and retail sectors to discuss how to enhance the speed and quality of the tourism industry's development. They also exchanged views on tourism marketing strategies and the promotional direction following the expansion of the I... |
Latest Business News
最新商業資訊
CE to visit 3 ASEAN states 26-7-2024
Chief Executive John Lee will lead a Hong Kong Special Administrative Region delegation on a visit to three Association o...
Monetary chief reappointed 26-7-2024
Financial Secretary Paul Chan today announced the reappointment of Eddie Yue as Hong Kong Monetary Authority (HKMA...
ASEAN an ideal production base 25-7-2024
Chief Executive John Lee will lead a delegation to visit three member states of the Association of Southeast Asian Nation...
'HK can leverage strengths in ASEAN' 25-7-2024
Hong Kong can leverage its unique advantages under “one country, two systems” to grow its business in Southeast Asia....