Economy

Renminbi accounts to be available to non-HK residents

Renminbi services will be available to them from August 1.

Renminbi accounts to be available to non-HK residents

Renminbi services will be available to them from August 1.

Go to Hong Kong, Taiwanese businessmen urged

Hong Kong is the ideal gateway for Taiwanese entrepreneurs looking to go global and its corporate tax rate is up to 16.5% lower than Taiwan’s.

Inflation slows to 3.7% in June from May

The government expects a further easing of the inflation rate in the coming months due to the difficult external economic environment and lower...

Exports and imports fall from January to May

The volume of Hong Kong's goods re-exports fell 3.3% while that of domestic exports fell 24%.

Insurance faces positive growth prospects

Commissioner of Insurance Annie Choi said the renminbi business is among the growth engines for Hong Kong’s insurance industry.

SFC tackles investor risks

The Securities & Futures Commission warns investors to consider risks that may affect their ROI before making a commitment.

Business firms expect worse Q3

About 19% of Hong Kong firms don’t expect their business situation in Q3 to be better than Q2.

Hong Kong to implement trade fee cut

The city will halve its import and export declaration charges to cut the cost of doing business, the Commerce & Economic Development Bureau said.

Hong Kong visitors flock to the Mainland

Hong Kong residents are visiting the Mainland mostly on business and spent some $35.6 billion there in 2011.

More consumer protection in new law

A bill imposing tougher penalties on rogue traders who prey on consumers could be implemented by 2013.

Registered firms in Hong Kong reach close to 1 million

The total number of active local companies registered in Hong Kong rose 4% to 997,750 at the end of June.

Dickens to stay on at HKEx

Mark Dickens, Head of Listing at the Hong Kong Exchanges & Clearing, will stay at his job until July 2013.

Modernised and tougher Company Bill passed by LegCo

The Company Bill passed yesterday enhances Hong Kong's competitiveness and attractiveness as an international business and financial centre.

Hong Kong takes steps to solve talent dearth

Hong Kong has an urgent demand for more talented individuals and business professionals.

Hong Kong builds better business ties with Peru

Hong Kong pushes its renminbi business during the visit of a high-ranking Peruvian Minister.

Hong Kong FDI exceeded US$83b

Hong Kong ranked fourth globally in terms of FDI inflows after the USA.

Hong Kong braces for a no growth scenario in 2012

Hong Kong’s economy grew 0.4% in the 1Q, the slowest pace since the global financial crisis began in 2008.