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Hong Kong Inland Revenue Department: Reducing the tax reserve certificate interest rate to 0.7167%, effective from November 4th.
The Hong Kong Inland Revenue Department announced today that starting from November 4, 2024, the new annual rate for interest on tax reserve certificates will change from the current 0.8000% to 0.7167%, which means that under the new rate, 0.0597 yuan of interest can be earned per 100 yuan per month.
Hong Kong's third-quarter local gross domestic product is estimated to increase by 1.8% year-on-year.
The Census and Statistics Department of the Hong Kong government released the preliminary estimate of the Gross Domestic Product for the third quarter of 2024.
Hong Kong's GDP grew by 1.8% year-on-year in the third quarter, exceeding expectations.
Great Wall News October 31st|Hong Kong's third quarter GDP annual rate initial value 1.8%, expected 3.1%, previous value 3.30%; quarterly initial value -1.1%, expected 0%, previous value 0.40%.
As Trump's election prospects heat up, options investors are betting on the US dollar to Singapore dollar exchange rates to rise.
The premium for buying a one-month call option is close to the highest level since May 2023, if the exchange rates of the US dollar against the Singapore dollar rise, the value of the call option will increase.
Singapore's Business Outlook Positive for Oct. 2024-March 2025 Period
Singapore Services Firms See Better Prospects, Survey Shows -- Market Talk