• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    FS attends Lujiazui Forum

    FS attends Lujiazui Forum

    Tokyo feels heat as sweltering temperatures take toll

    Tokyo feels heat as sweltering temperatures take toll

    Xia Baolong arrives in Hong Kong for five-day visit

    Xia Baolong arrives in Hong Kong for five-day visit

    Govt welcomes job bill’s passage

    Govt welcomes job bill’s passage

    HK stocks slide as US tech retreat spreads

    HK stocks slide as US tech retreat spreads

    Inceptio Technology Joins the Autoware Foundation to Accelerate Autonomous Driving Technologies for Trucks

    Inceptio Technology Joins the Autoware Foundation to Accelerate Autonomous Driving Technologies for Trucks

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Geneva Invention Awards Respond to Medisafe Scandal: ‘We Will Engage Our Own Panel to Determine Any Action’

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    MPF at 25: PwC and HKRSA Urge Bold Reform for Hong Kong’s Retirement System

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World
    FS attends Lujiazui Forum

    FS attends Lujiazui Forum

    Tokyo feels heat as sweltering temperatures take toll

    Tokyo feels heat as sweltering temperatures take toll

    Xia Baolong arrives in Hong Kong for five-day visit

    Xia Baolong arrives in Hong Kong for five-day visit

    Govt welcomes job bill’s passage

    Govt welcomes job bill’s passage

    HK stocks slide as US tech retreat spreads

    HK stocks slide as US tech retreat spreads

    Inceptio Technology Joins the Autoware Foundation to Accelerate Autonomous Driving Technologies for Trucks

    Inceptio Technology Joins the Autoware Foundation to Accelerate Autonomous Driving Technologies for Trucks

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Geneva Invention Awards Respond to Medisafe Scandal: ‘We Will Engage Our Own Panel to Determine Any Action’

    Deloitte: Over 40% of Family Offices Prioritise Tech Amid Digital Transformation

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    PwC: AI-Exposed Jobs See Surge in Demand, Pay, and Productivity

    Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

    Xiaomi SU7 Ultra Becomes Fastest Mass-Produced EV on Nürburgring Nordschleife

    MPF at 25: PwC and HKRSA Urge Bold Reform for Hong Kong’s Retirement System

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Have confidence in HK’s resilient economy: Chris Sun

Purton L by Purton L
18 June 2025
in News
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter
Labour Secretary Chris Sun on Wednesday said the public should remain confident about Hong Kong’s economy, even though the jobless rate edged up 0.1 percentage points to 3.5 percent between March and May.

The minister told an RTHK radio programme that the SAR is undergoing economic restructuring, and sectors such as catering and retail are struggling more than others.

Sun said even though he expects the economy to be more uncertain due to the geopolitical situation, he is hopeful for the medium to long run.

“If we are going to look at it in a medium-to-long-term comparison, 3.5 percent is similar to the average figure of the past 20 years,” he said.

“So everyone should be confident about the resilience of Hong Kong’s economy.”

Sun said the 25,000 workers brought into the territory from elsewhere under the Enhanced Supplementary Labour Scheme have only a minimal impact on the city’s unemployment rate as they account for less than one percent of the total labour force.

The labour chief added that checks regarding imported workers will be carried out at catering firms after complaints from locals who lost their jobs.

“Most of these 38 reports were filed in recent weeks. Our investigations take time because we have to be fair to employers. If the reports are proved to be true, we will take action,” he said.

“Reports from the catering sector accounted for the most…there were 24 cases. Therefore, our inspection and checks will focus more on the catering sector.”

Sun said that to enhance transparency, the Labour Department has started publicising the names of firms seeking to bring in workers from elsewhere, being as the companies first have to carry out a four-week local recruitment process.

Tags: Hong Konglocal
Purton L

Purton L

Read More

FS attends Lujiazui Forum

FS attends Lujiazui Forum

18 June 2025
Tokyo feels heat as sweltering temperatures take toll

Tokyo feels heat as sweltering temperatures take toll

18 June 2025
  • Trending
  • Comments
  • Latest

Hong Kong Student Criticised for Using Outsourced AI Project to Win STEM Awards

16 June 2025
Over 150 firms hoping to list in Hong Kong: HKEX

Over 150 firms hoping to list in Hong Kong: HKEX

28 May 2025

Tuya Smart Secures Prestigious Spot Among “2025 Forbes China AI Tech Enterprises Top 50”

28 May 2025

Macau Enforces 183-Day Residency Rule for 2025 Wealth Partaking Scheme

29 May 2025
FS attends Lujiazui Forum

FS attends Lujiazui Forum

18 June 2025
Tokyo feels heat as sweltering temperatures take toll

Tokyo feels heat as sweltering temperatures take toll

18 June 2025
Xia Baolong arrives in Hong Kong for five-day visit

Xia Baolong arrives in Hong Kong for five-day visit

18 June 2025
Govt welcomes job bill’s passage

Govt welcomes job bill’s passage

18 June 2025

Recent News

FS attends Lujiazui Forum

FS attends Lujiazui Forum

18 June 2025
Tokyo feels heat as sweltering temperatures take toll

Tokyo feels heat as sweltering temperatures take toll

18 June 2025
Xia Baolong arrives in Hong Kong for five-day visit

Xia Baolong arrives in Hong Kong for five-day visit

18 June 2025
Govt welcomes job bill’s passage

Govt welcomes job bill’s passage

18 June 2025
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com