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A property tax known as "rates" has been levied in Hong Kong since 1845. The tax applies to all domestic and commercial properties unless exempted, and is based upon the rental value of the property, re-assessed each year. Formerly part of the revenue went to the Urban Council and, from 1986, the Regional Council, but since 2000 the whole ...
Hong Kong banks are unlikely to follow the lead of the Hong Kong Monetary Authority (HKMA) and cut prime lending rates as they are already at record-low levels, said industry sources and banking ...
prime lending rate Date of information 1 ... Hong Kong: 5.00: 31 December 2017 est. 148
John Lee Ka-chiu. John Lee Ka-chiu GBM SBS PDSM PMSM ( Chinese: 李家超; born 7 December 1957 [1]) is a Hong Kong politician and former police officer who is the fifth and current Chief Executive of Hong Kong . Originally a police officer, Lee served as the Deputy Commissioner of the Hong Kong Police Force from 2010 to 2012.
More Hong Kong homebuyers are expected to shift to cheaper mortgages linked with the Hong Kong one-month interbank offered interest rate (Hibor) after all of the city's major commercial banks said ...
Hong Kong's base rate will rise to 2.75 per cent effective immediately, according to a statement by the Hong Kong Monetary Authority (HKMA), the city's de facto central bank. That's the highest ...
The Hong Kong Monetary Authority then promised to protect the currency. On 23 October 1997, it raised overnight interest rates from 8% to 23%, and at one point to '280%'.The HKMA had recognized that speculators were taking advantage of the city's unique currency-board system, in which overnight rates ( HIBOR ) automatically increase in ...
Bank Indonesia. Retrieved 4 May 2024. ^ "Iran officially raises interest rate to 23%". ParsToday. 31 January 2023. Retrieved 4 February 2023. ^ "The Monetary Committee decides on January 1, 2024 to reduce the interest rate by 0.25% to 4.5%". Bank of Israel. 1 January 2024.
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