Tag: Business
Revised Government GDP Growth Forecast: 2.5% – RTHK
The government recently announced that the full-year economic growth forecast has been revised to 2.5 percent, down from the previous estimated range of 2.5 to 3.5 percent. This adjustment comes after real GDP in...
Cyberport CEO Announces Readiness for Low-Altitude Flying Tests
Cyberport CEO Rocky Cheng recently announced that Cyberport is fully prepared for low-altitude flying tests due to its spacious area and a nearby pier. He mentioned plans to establish a landing port for these...
Ocean Park Hong Kong Reports HK$71.6M Deficit Despite Record Visitors
Ocean Park in Hong Kong recently reported a deficit of HK$71.6 million in its latest fiscal year, despite recording the highest number of visitors in five years. The park saw around 3,140,000 total attendance...
Record Number of Non-Mainland Visitors to Hong Kong in October – RTHK
Hong Kong had a remarkable month in October with a record number of non-mainland visitors, according to Tourism minister Kevin Yeung. The city welcomed nearly a million non-mainland tourists, marking the highest figure for...
Boosting Trade: Hong Kong-Peru Free Trade Agreement Elevates Economic Opportunities
The recent free-trade agreement between Hong Kong and Peru is set to open up new economic opportunities for both regions. This agreement, which focuses on cooperation in various aspects of trade, has been welcomed...
TSMC Reports 57% Increase in Net Profit for 4th Quarter
TSMC Reports Record-Breaking 57% Increase in Net Profit for 4th Quarter In a groundbreaking announcement, Taiwanese chipmaking giant TSMC revealed a remarkable surge in net profit for the fourth quarter, surpassing all expectations....
Investigation into Fatal Scaffolding Incident in Kowloon City – RTHK
The Labour Department (LD) is currently investigating a tragic incident that took place in Kowloon City. A worker lost his life while dismantling scaffolding at a building in the area. The unfortunate event occurred...
Peter Wong Appointed as New Chair of HKU Council
Banker Peter Wong has been appointed as the new chairman of the University of Hong Kong (HKU) governing council, taking over from barrister Priscilla Wong when her term ends next month. This announcement was...
Staying Agile and Innovative to Stay Competitive: FS-RTHK
Financial Secretary Paul Chan emphasized the importance of Hong Kong staying agile and innovative in the face of changing global dynamics. He highlighted the ongoing transformations and adaptations taking place in countries and businesses...
Boosting China’s Economy: Local Gov’t Debt Ceiling Raised by US$840 Million
China's economy is getting a boost as the local government debt ceiling has been raised by a significant amount. Lawmakers in China have agreed to increase the local government debt ceiling by US$840 billion...
