Economy
Inflation slows to 3.2% in September
This was due to the effect of public housing rental adjustment dissipating in September.
Business conditions expected to deteriorate in Q4: survey
Retail, food and accommodation sectors expect output and prices to fall.
F&B sector's jobless rate hit six-year high in Q3
Unemployment levels in consumption and tourism-related segments were at the highest in two years.
Foreign companies in Hong Kong up 9.9% to 9,040 in 2019
More than 1,500 operates their regional headquarters in the city.
PMI sinks to eleven-year low in Q3
Hong Kong’s economy is contracting at an annual rate of just over 3% in Q3.
Hong Kong is the world's third most competitive economy
It topped macroeconomic stability, health, financial system and product market categories.
Q2 current account surplus more than doubled to $37.8b
This was due to a decline in the goods deficit and growth in the net inflow of primary income.
External debt hits $12.76t in Q2
However, the banking sector’s ED dipped.
Financial non-reserve assets hit $38.1b in Q2
External financial abilities and assets also stood at $42.96t.
Hong Kong amongst world's rising stars for trade potential: StanChart
The city nearly broke into the world’s top 10.
Inflation hits 3.5% in August
Food prices soared 14.2% in August.
Hong Kong still the world's third best financial centre
It has the top investment management sector worldwide.
Jobless rate unchanged at 2.9% in June-August
This translates to 120,000 unemployed individuals.
National income rises in Q2 as mainland investments flood Hong Kong
The total inflow of primary income recorded a 4.1% YoY rise to $478.2b during this period.
Hong Kong retains crown as world's freest economy for the 37th year
The city bested 116 other economies in international trade freedom and regulations.
Real estate and insurance industries saw double-digit growth in business receipts in Q2
Business receipts in nine out of 15 service industries went up in value.
Read Here
Advertise
Sign Up
