Hongkongers’ water usage has dropped by 12 per cent compared with during the peak of the Covid-19 pandemic, a city official has said. Director of Water Supplies Roger Wong Yan-lok also said on Saturday that the government was still deciding how much to adjust prices by, about nine months after his organisation floated the idea….
The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75 per cent on Thursday. Hours earlier, the Fed left its target rate in the 4.25 to 4.5 per cent range, following the second Federal Open Market Committee (FOMC) meeting of the year. The HKMA last cut the city’s base rate to 4.75 per…
Hong Kong’s leader will conduct his annual duty visit to Beijing to meet state leaders on Wednesday, a week after replacing his transport and tourism ministers and pledging to do more during the second half of his five-year tenure. Chief Executive John Lee Ka-chiu will make a four-day duty visit to brief leaders in the…