1:50 am, Sunday, 5 October 2025

Ragasa’s Economic Toll: Hong Kong Faces Billions in Losses, Experts Say

Sarakhon Report

Impact on commerce and markets

Super Typhoon Ragasa shut much of Hong Kong for two days, with analysts estimating economic losses running into the billions. While the stock market traded and remote work limited some damage, retailers and transport links were hit. Cleanup and inspections are underway across the city.

Resilience and climate risks

Economists said the city’s flexible work practices cushioned productivity losses. But they warned that frequent extreme weather could make annual storm costs a “new normal,” stressing infrastructure upgrades and flood defenses.

06:21:28 pm, Friday, 26 September 2025

Ragasa’s Economic Toll: Hong Kong Faces Billions in Losses, Experts Say

06:21:28 pm, Friday, 26 September 2025

Impact on commerce and markets

Super Typhoon Ragasa shut much of Hong Kong for two days, with analysts estimating economic losses running into the billions. While the stock market traded and remote work limited some damage, retailers and transport links were hit. Cleanup and inspections are underway across the city.

Resilience and climate risks

Economists said the city’s flexible work practices cushioned productivity losses. But they warned that frequent extreme weather could make annual storm costs a “new normal,” stressing infrastructure upgrades and flood defenses.