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TV licences granted independently

The recent decision by Phoenix Hong Kong Television to withdraw its application for a free-to-air TV licence will not affect the applications by the other TV service providers, Secretary for Commerce & Economic Development Edward Yau says.

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Tax incentives for I&T sector planned

Secretary for Innovation & Technology Nicholas Yang says the Chief Executive will announce tax incentives to boost the I&T sector in her October Policy Address.

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FS to visit Mainland cities

Financial Secretary Paul Chan will visit Wuhan, Changsha and Zhengzhou from August 21 to 24.

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Financial forum appointments announced

Financial Secretary Paul Chan has appointed 10 members to the Financial Leaders Forum for two years.

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Alert issued on bogus website, email

The Monetary Authority has issued an alert on a fraudulent website and email purported to be linked to the Hongkong & Shanghai Banking Corporation.

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Free public Wi-Fi scheme launched

A pilot project has been launched to offer free Wi-Fi services at government venues through public-private collaboration.

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Unemployment remains at 3.1%

The seasonally adjusted unemployment rate stood at 3.1% in the May-to-July quarter, unchanged from the April-to-June period, the Census & Statistics Department says.

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Composite interest rate steady

The composite interest rate remained unchanged at 0.31% at the end of July.

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Rent data to be collected

The Rating & Valuation Department will send 330,000 forms to payers of rates and government rent requesting rent details and other tenancy information for different categories of properties.

 

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New tax system being studied

The Government is studying the implementation of a two-tier tax system, which will be effective from the second half of next year, Secretary for Financial Services & the Treasury James Lau says.

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Warning issued on bogus calls

The Office of the Communications Authority has warned the public of fraudulent calls with a pre-recorded message purporting to be made by it.

 

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Exchange Fund foreign assets up

The Exchange Fund’s foreign assets increased by $45 billion to $3.3539 trillion in July, the Monetary Authority announces.

 

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Coin collection schedule updated

The Monetary Authority has announced the service schedule for its Coin Collection Programme from October 2 to December 3.

 

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Tax proposal straightforward: FS

The Government’s two-tier tax proposal is straightforward and will not complicate Hong Kong's current tax system, Financial Secretary Paul Chan says.

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Economy grows 3.8%

Hong Kong's economy grew 3.8% in the second quarter of 2017, compared to the same period last year.

 

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Goods exports up 9.1%

The volume of Hong Kong's total goods exports increased 9.1% year-on-year in June, the Census & Statistics Department annouces.

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HK population rises 0.7%

Hong Kong’s population reached 7,389,500 in mid-2017, up 0.7% compared to a year ago, the Census & Statistics Department says.

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Philip Yung woos Malaysian businesses

Permanent Secretary for Commerce & Economic Development Philip Yung has addressed Malaysian business leaders at a Belt & Road seminar in Kuala Lumpur.

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HK-Mainland tourism pact signed

Secretary for Commerce & Economic Development Edward Yau has signed a deal to enhance tourism co-operation with the Mainland.

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Alert issued on bogus website

The Monetary Authority has issued an alert on a fraudulent website purported to be linked to the Bank of China.

 

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