For one working couple, budget measures add up to more than HK$85,000 in reliefs, savings, handouts Young mum hopes government can consider offering 'practical help' such as school fee waivers too ... ( read original story ...)
Bank of America executive to leave Hong Kong as exodus continues
Bank of America’s co-head of global capital markets in Asia-Pacific is leaving Hong Kong after less than two years as harsh pandemic restrictions prompt an exodus of ... ( read original story ...)
Hong Kong’s surprise surplus: were numbers ‘distorted’ to avoid deficit? Economists question adding proceeds from bonds, fund transfers
Hong Kong government has made a habit of 'underestimating surpluses, overestimating deficits' Economist calls for more transparent profit tax regime and a crackdown on corporate tax evasion Financial ... ( read original story ...)
Why Hong Kong Is Now One of the Worst Places to Be in Covid Era
Hong Kong fell to second last among the 53 places scored in Bloomberg’s Covid Resilience Ranking in February, marking a rapid decline over the past few months. ( read original story ...)
Hong Kong finance chief brushes off concerns over consumption vouchers after being criticised for not offering cash
Hong Kong’s finance chief has sought to play down concerns about the decision to distribute handouts to residents in the form of digital consumption vouchers after being taken to task in some quarters ... ( read original story ...)
Hong Kong Jan home prices at 11-month low, hit by COVID
HONG KONG (Reuters) - Hong Kong private home prices dropped for the fourth consecutive month in January to the lowest since February 2021, official data showed on Thursday, as the financial city was ... ( read original story ...)
Besieged Hong Kong fires loud stimulus cannon
Hong Kong’s financial secretary is stuck between a pandemic rock and an economic hard place. Paul Chan on Wednesday laid out a budget for the financial year starting in April dedicating HK$170 billion ... ( read original story ...)
Coronavirus: Hong Kong football season may be abandoned after social-distancing measures are extended to April
Omicron surge throws football season into doubt as Hong Kong extends lockdown There are eight teams in the BOC Premier League this season but so far only four rounds out of a total 14 have been ... ( read original story ...)
Rainy days and a ‘listening ear’: did Hong Kong’s finance chief deliver in his budget address?
For Chan, there had been no lack of critical challenges since becoming financial secretary in January 2017, with the city going through several economic and political upheavals. But the current ... ( read original story ...)
Hong Kong’s Wealth Creation: Outlook Depends On Omicron Containment
After two years of recession, Hong Kong’s economy heated up last year, and growth is expected to continue this year—albeit at a slower pace. ( read original story ...)
Budget 2022-2023: Hong Kong is mulling allowing listings by large pre-profit or pre-revenue start-ups, Financial Secretary Paul Chan says
The proposals could be seen as an extension of the listing reforms introduced in 2018, which allowed technology firms with multiple classes of voting rights and pre-revenue biotechnology firms to list ... ( read original story ...)
Budget 2022-23: Hong Kong finance chief hits multinationals and local owners of pricey properties with more taxes
From 2023-24, residential property owners will be able to apply for tax rebates for one self-occupied home only. ( read original story ...)
Hong Kong to give out spending vouchers as Covid cases hit record level
Hong Kong launched a new round of financial handouts as the city struggles to contain China’s biggest outbreak of coronavirus since the start of the pandemic, even as economists warned the city’s zero ... ( read original story ...)
H.K. Toughens Mask Mandate; HSBC Bankers Grounded: Virus Update
Hong Kong will expand mask-wearing to all public places, including in parks and during outdoor exercise, as its latest outbreak worsens. Londoners, by contrast, will no longer be required to wear face ... ( read original story ...)