Economy

Hong Kong enacts competition law

Hong Kong has its first law against anti-competitive conduct after a decade of trying but doubts persist about the law’s effectiveness.

Hong Kong enacts competition law

Hong Kong has its first law against anti-competitive conduct after a decade of trying but doubts persist about the law’s effectiveness.

Hong Kong employers resist more paternity leave days

Hong Kong’s employers claim that paid paternity leave is a key reason for Europe’s massive economic woes today.

Hong Kong dismisses Yam’s suggestion to review linked exchange rate system

There is no need for the government to change the linked exchange rate system that has served Hong Kong well over the years.

Election process for Hong Kong deputies starts

Those willing to become members of Hong Kong’s electoral council are required to register at the relevant office in Hong Kong between July 10 and 25...

Foreign currency reserves down slightly in April

It decreased by US$3.7 billion to US$291.9 billion at the end of May.

Hong Kong in peril from twin looming dangers

The collapse of its services industry and a substantial drop in demand from Asia are the greatest dangers faced by Hong Kong.

Hong Kong’s reputation as an international arbitration venue enhanced

Since this author last reported on Hong Kong’s emergence as an important regional arbitration venue, two significant developments have further...

Hong Kong’s economic growth could slip further

Hong Kong’s economy grew 5% in 2011, which was lower than the previous year's 6.8%.

Fiat currency solution

The only solution is to allow the volume of money to be determined entirely by free-market forces.

Hong Kong no.1 in World Competitiveness Rankings

Hong Kong tops the annual survey measuring how well countries manage their economic and human resources.

Hong Kong pushes iBonds for retail bond market growth

Hong Kong next week will launch another “iBond,” or inflation-linked retail bond for subscription by residents.

Total exports, imports up

The values of Hong Kong's total merchandise exports and imports recorded year-on-year increases of 5.6% and 5% in April, the Census & Statistics...

Financial Dispute Resolution Centre to be organised

Tougher rules are also in store for Hong Kong’s financial institutions.

Exchange Fund rises on equities

Equities boost the Exchange Fund to $43.8 billion in the first quarter this year.

Hong Kong banks susceptible to massive Eurozone recession

A severe credit crunch could hammer Hong Kong’s banks and those in Singapore should there be a huge jump in non-performing loans.

Proposed revision in banking rules to make Hong Kong more competitive

Hong Kong begins a process of updating its Banking Ordinance on May 23.

Hong Kong looks for ways to increase land supply and homes

With land either too pricey or in short supply, Hong Kong faces continuing unrest from citizens increasingly unable to own homes.