Results of monthly survey on business situation of small and medium-sized enterprises for April 2025
The Census and Statistics Department (C&SD) released today (May 13) the results of the Monthly Survey on Business Situation of Small and Medium-sized Enterprises (SMEs) for April 2025.
The current diffusion index (DI) on business receipts amongst SMEs decreased from 43.5 in March 2025 in the contractionary zone to 41.2 in April 2025, whereas the one-month's ahead (i.e. May 2025) outlook DI on business receipts was 43.6. Analysed by sector, the current DIs on business receipts for majority of the surveyed sectors dropped in April 2025 as compared with previous month, particularly for the import and export trades (from 45.1 to 40.2) and business services (from 48.4 to 45.3).
The current DI on new orders for the import and export trades decreased from 46.6 in March 2025 to 42.0 in April 2025, whereas the outlook DI on new orders in one month's time (i.e. May 2025) was 43.8.
Commentary
A Government spokesman said that business sentiment among SMEs and their outlook in one month's time both weakened in April, as the headwinds and uncertainties in the external environment increased sharply after the United States (US) announced significant increases in import tariffs last month. The overall employment situation also softened.
Looking ahead, while trade tensions have eased somewhat of late, the uncertainty of US' trade policy will still affect the economic outlook and business sentiment. The Government will continue to monitor the situation closely.
Further information
The Monthly Survey on Business Situation of Small and Medium-sized Enterprises aims to provide a quick reference, with minimum time lag, for assessing the short-term business situation faced by SMEs. SMEs covered in this survey refer to establishments with fewer than 50 persons engaged. Respondents were asked to exclude seasonal fluctuations in reporting their views. Based on the views collected from the survey, a set of diffusion indices (including current and outlook diffusion indices) is compiled. A reading above 50 indicates that the business condition is generally favourable, whereas that below 50 indicates otherwise. As for statistics on the business prospects of prominent establishments in Hong Kong, users may refer to the publication entitled "Report on Quarterly Business Tendency Survey" released by the C&SD.
The results of the survey should be interpreted with care. The survey solicits feedback from a panel sample of about 600 SMEs each month and the survey findings are thus subject to sample size constraint. Views collected from the survey refer only to those of respondents on their own establishments rather than those on the respective sectors they are engaged in. Besides, in this type of opinion survey on expected business situation, the views collected in the survey are affected by the events in the community occurring around the time of enumeration, and it is difficult to establish precisely the extent to which respondents' perception of the business situation accords with the underlying trends. For this survey, main bulk of the data were collected around the last week of the reference month.
More detailed statistics are given in the "Report on Monthly Survey on the Business Situation of Small and Medium-sized Enterprises". Users can browse and download the publication at the website of the C&SD (www.censtatd.gov.hk/en/EIndexbySubject.html?pcode=B1080015&scode=300).
Users who have enquiries about the survey results may contact Industrial Production Statistics Section of the C&SD (Tel: 3903 7246; email: sme-survey@censtatd.gov.hk).
New requirements for mandatory fitting and wearing of seat belts and placing of mobile telecommunications devices while driving to be implemented from January 25
The Government today (January 8) reminded members of the public that, starting from January 25, all public transport and commercial vehicles' seated passengers must wear seat belts, and all drivers must not place more than two mobile telecommunications devices (MTDs) in front of them during driving, further enhancing road, passenger and driving safety.
All passenger's seats in public and private buses, rear passenger's seats in private light buses and goods vehicles (GVs), and driver's seats and all passenger's seats of special purpose vehicles (SPVs) must be equipped with seat belts in these vehicles first registered on or after January 25. Drivers and passengers occupying the seats of these vehicles (whether newly registered or not), where seat belts are fitted, are required to wear them. Studies show that wearing seat belts will reduce the risk of death and serious injury of drivers and passengers in head-on collisions by about 40 per cent and 70 per cent respectively.
Offending vehicle owners, drivers or passengers will be liable to a maximum fine of $5,000 and imprisonment for up to three months. All passengers occupying seats shall be responsible for wearing seat belts. Among them, any driver who still drives with a passenger aged under 15 seated in the rear seat of a GV or the passenger's seat of an SPV without wearing a seat belt will be subject to a maximum fine of $2,000.
The Government noted that the transport trades are ready for the new requirements. In franchised buses, all seats in newly procured buses have been equipped with seat belts. Together with existing double-deck buses retrofitted with seat belts on the upper-deck seats by operators under government subsidy, to date, around 3500 buses are now equipped with seat belts, representing about 60 per cent of the entire fleet in Hong Kong.
In addition, from the same day onwards, any driver must not place more than two MTDs (i.e. mobile phones, tablet computers or laptop computers) in front of them during driving. The diagonal length of each screen must not exceed 19 centimetres. The MTDs must not obstruct the driver's view of the road and traffic, as well as any mirror, device or camera-monitor fitted for viewing the roads. Offenders will be liable to a maximum fine of $2,000.
The Government has stepped up publicity and public education since November 2025. The Transport Department (TD) has strengthened collaboration with the Police, the Education Bureau, the Information Services Department, the Road Safety Council and the transport trades including public transport operators to introduce the legal requirements through websites, videos, media, social media, the "e-Bulletin for Parents" and publicity posters on traffic signal controllers across various districts. Franchised bus operators have also strengthened publicity and broadcast inside compartments and at bus stops to alert passengers to the new requirement of wearing seat belts.
Members of the public may refer to the TD's webpage on the new requirements on seat belts (www.td.gov.hk/en/road_safety/sb) and placing MTDs during driving (www.td.gov.hk/en/road_safety/mtd) or the Agent T Facebook page (www.facebook.com/AgentT.hk), or call the hotline 28042600 for details.
New requirements for mandatory fitting and wearing of seat belts and placing of mobile telecommunications devices while driving to be implemented from January 25 Source: HKSAR Government Press Releases
New requirements for mandatory fitting and wearing of seat belts and placing of mobile telecommunications devices while driving to be implemented from January 25 Source: HKSAR Government Press Releases
New requirements for mandatory fitting and wearing of seat belts and placing of mobile telecommunications devices while driving to be implemented from January 25 Source: HKSAR Government Press Releases
New requirements for mandatory fitting and wearing of seat belts and placing of mobile telecommunications devices while driving to be implemented from January 25 Source: HKSAR Government Press Releases
