Asia News Network

IMF lauds Hong Kong’s financial system, forecasts 2022 growth at 3%

The IMF also noted that Hong Kong's economy has recovered strongly with the support of swift and bold policy responses.

The report highlighted Hong Kong's edge in the free flow of capital, international connectivity, and the tax structure.

Developing underground infrastructure can help Hong Kong withstand threats from disasters such as floods and earthquakes.

Health officials said 34 shops selling hamsters would suspend operations immediately and hand over the animals for testing.

The city has long been faced with human resources’ shortages, especially in the manufacturing industry.

The government had initially expected there would be a budget deficit of HK$101.6 billion for financial year 2021-22.

There had been recent reports of abnormal deaths in wild boars in Wong Yue Tan area of New Territories, with six dead wild boars found.

The seven were sentenced to imprisonment ranging from 38 to 40 months, while two others were sent to a training center.

The global market value of crypto assets stands at about $2.2 trillion, said Hong Kong Monetary Authority chief exec Eddie Yue Wai-man

These places include the United States, the United Kingdom, Australia, Canada, France, Germany and Japan.