imported goods – Charm

Weaker Hong Kong dollar to boost tourism and lower cost of services: economists

Cs news3 months ago02 mins

Recent weakness in the Hong Kong dollar against some regional currencies has made the city more appealing to inbound tourists while lowering the costs of services, economists and industry leaders have said. The Hong Kong dollar, pegged to the US dollar, weakened against a basket of currencies as reflected in the US dollar DXY Index,…

Hong Kong consumers hit with higher prices for foreign goods as tariffs loom

Cs news4 months ago03 mins

Overseas retailers have raised prices for goods ranging from lipstick, shoes and clothes to Nintendo games in response to the United States’ sweeping tariffs on its global trading partners, but a Hong Kong lawmaker has said products imported from mainland China remain unscathed so far. The move by overseas retailers followed an executive order signed…