Hong Kong construction, catering sectors pessimistic despite dip in unemployment

Could you keep the markets calm and your MPs happy as you pull the economic levers to deliver a budget? On 26 November, Rachel Reeves will deliver this year’s budget to parliament. As in all years, the chancellor has to strike a balance between: Raising the money needed to fund the services that voters demand. Keeping taxes at levels that are acceptable to voters. Persuading the government’s creditors in the bond markets that it will continue to be able to pay its debts. Continue reading… Source link

Foodpanda aims to bolster its position in the Hong Kong market in the first half of next year, following a 20 per cent rise in both the number of orders placed and the amount customers spent during the first 10 months of this year. The on-demand food and grocery delivery platform on Wednesday also said that the sector’s prospects were strong, asserting that the city offered ample room for further growth. Ryan Lai Wai-yan, CEO of Foodpanda Hong Kong, said the company achieved a 20 per cent growth… Source link

White House cites ‘initial progress’ in trade talks with Brasília as it battles discontent over cost of living at home Source link