Healthy fiscal surplus expected in HK
Hong Kong is forecast to post a healthy fiscal surplus in its annual budget today, with a series of one-off sweeteners expected to help businesses hurt by a slowdown in China . Financial Secretary John Tsang is not expected, however, to unveil any sweeping initiatives amid concerns that the government's one-off measures are failing to bolster the city's economic fundamentals as it enters a period of slower growth and raised political tensions.
Conference on key issues, challenges
The Singapore Human Resources Institute will host a conference today that will tackle issues such as emerging technologies, markets and trends for this year, as well as the challenges ahead. The institute will also sign a memorandum of understanding with Willis Towers Watson to develop a centre of excellence and provide certification, to raise human resource standards here.
Key economic report out today
The Ministry of Trade and Industry will release today the Economic Survey of Singapore, a report that includes assessment of the overall performance of the economy, sectoral performance, sources of growth, inflation, employment and productivity during the fourth quarter and whole of last year.