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Much lower price level in Hong Kong as shown by consumer price index (CPI) Most countries around the world have been undergoing an increasing upward pressure on the price levels as shown by consumer price index, including the United States, the United Kingdom, the EU zone, Singapore and so on.Continue reading “Why does Hong Kong’s price level stay at a low level?”

Inflationary pressure in the United State has been piling up since the middle of 2020, whose price level as measured in the consumer price index(CPI) increased from almost zero per cent to 8.5% in May 2022, marking four-decade highs. During the same period, price levels in ASEAN economies also demonstrateContinue reading “Overview of the price level trends and their possible causes in selected ASEAN economies”

What is dividend tax Dividend usually refers to the part of after-tax profits of a company for distribution to its shareholders in proportion to the number of shares they hold. With dividend tax imposed, part of companies’ dividend distribution will be taxed by a certain percentage. Hong Kong does notContinue reading “Debate on dividend tax in Hong Kong”

I. What happened In 2012, Hurricane Sandy greatly damaged New Jersey’s infrastructure and led to a temporary outage that disrupted the operation of some gas stations. Newspapers reported that 60% of the gas stations in New Jersey were closed. The sellers raised the gasoline price by as much as 30%Continue reading “Price control on gasoline, New Jersey USA”

I. What happened Uber is a well-known app providing ride-hailing services, with businesses operating around the world. It is a rather new business model – “the sharing economy” which matches up taxi passengers and drivers. In India before 2016 when price used to be unregulated, as opposed to the traditionalContinue reading “Price control on Uber, India “