Everyday I make an extremely vital alternative in relation to filtering all the data and information that I absorb, and I most positively counsel that everyone do the very same thing. The seasonally adjusted unemployment fee was 2.9% for the three-month period ending December 2017, in contrast with 3.four% for 2016. More importantly, it would change into a part of the 16,000 km nationwide excessive-speed rail network now being developed in full steam, fostering nearer financial ties between Hong Kong and the mainland. In December 2016, Shenzhen-Hong Kong Inventory Join, with related programme rules and design, was launch to further facilitate two-manner investment flows and consolidate Hong Kong’s improvement as the worldwide offshore RMB enterprise hub.

Moderately than preserving to traditional matters similar to provide-and-demand curves and shopper preferences and taking with no consideration perspectives akin to the advantages of trade and the free market, CORE incorporates among the developments in pondering that economists have made over the past few a long time – particularly as they apply to extra advanced situations.

• State revenue tax collections in December yielded a bump of $900 million over the plan, due to two quirks: A 2008 federal rule on hedge funds requiring sure profit declarations by 2017, and some business owners pushing earnings again to 2017 to prepay taxes ahead of the federal reforms. Not too long ago, a report got here out saying that the Division of Finance (DOF) deliberate to jack up the gross sales tax or value added tax (VAT) to fifteen p.c from the current level of 12 p.c to boost a lot-wanted income to plug the country’s ballooning budget deficit which hit a file P298.5 billion final year (Agcaoili 2010).

U.S. Information controls for scholar traits, like how many of them are on Pell Grants, which go to decrease-earnings students, and predicts what a faculty’s graduation rate must be. If the precise fee is increased, U.S. News deems the school is enhancing achievement, or over-performing,” and it will get a boost. The Mainland-Hong Kong Closer Economic Partnership Association (CEPA) was firstly concluded in 2003.

This is why targeting policy support and investment to rural areas to construct vibrant food programs and supporting agro-industries which might be well connected to urban zones —especially small and medium size cities — will create employment and permit more people to remain, and thrive, in the countryside represents a strategic intervention, right this moment’s report says.