Primary Taiwanese news agency Central News Agency (CNA) recently reported that the Hong Kong General Chamber of Commerce has released a survey report showing member companies are bearish on Hong Kong’s economic outlook for the coming year.
The survey results indicated that 44.3 percent of the members surveyed were pessimistic about Hong Kong’s economy in 2025, while only 18.3 percent were optimistic, and 25.1 percent remained unchanged. In terms of recruitment intentions, only 26 percent of the surveyed companies plan to hire more staff, 49.8 percent will keep the staff unchanged, and 17.4 percent plan to lay off employees. The survey also showed that members of the Chamber are optimistic about the prospects of overseas regions, with 38.6 percent and 25.9 percent of the surveyed companies planning to increase investment in the ASEAN and the Middle East markets, respectively.
The Chairman of the General Chamber of Commerce said that, in the face of global economic turmoil, strong growth in these overseas regions will help Hong Kong businesses offset the impact of economic and geopolitical headwinds.
Source: CNA, December 13, 2024
https://www.cna.com.tw/news/acn/202412130055.aspx