Fourfold rise for Hong Kong’s key rate
The Hong Kong central bank has increased the one-month Hong Kong Interbank Offered Rate (Hibor) to 0.88% from last month’s figure of 0.19%.
HK in 5th place of world’s most competitive economies
Hong Kong has moved up two places this year to fifth in a global ranking of the most competitive countries in the world, thanks to its improved performance during the pandemic.
Economy “recovering strongly” into Q2
The private sector in Hong Kong grew at the quickest pace in over a decade last month as the city continues its recovery from its Covid economic slump.
HK is “fertile ground” for AI and big data firms
Hong Kong is recognised as a top regional hub for tech that will continue to grow exponentially.
Tourism Board unveils post-pandemic recovery plan
The Hong Kong Tourism Board (HKTB) has unveiled its revival plan for the industry within its Tourism Update 2022 event.
Unemployment rate rises in Hong Kong in Q1
Hong Kong’s seasonally adjusted unemployment rate increased to 5% in Q1 this year, up 0.5 percentage points compared to Q4.
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