Economy
Finance sector leads quarterly business receipts growth in Q1
Business receipts rose by almost a third at 28.7%.
Finance sector leads quarterly business receipts growth in Q1
Business receipts rose by almost a third at 28.7%.
PMI plunges to 47.8 in May as orders dry up and costs mount
Companies turned to price discounts to offset sluggish sales.
Exports up 8.1% to $330.2b in April
Trade volumes to traditional trade partners like Taiwan, Singapore, and China rose.
Hong Kong inks tax pact with Finland
The deal states the allocation of taxing rights between jurisdictions.
Hong Kong falls to second place as world's most competitive economy
Its ranking in infrastructure slipped to 23rd place.
Inflation jumps 1.9% for fourth straight month in April
Prices for food and basic utilities like electricity, gas and water continue to rise.
GDP growth hits seven year high as economy surges 4.7% in Q1
Strong private consumption levels and exports buoyed the domestic economy.
Goods export up 5.3% in March
Double digit growth was posted in export volume to the Mainland.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
Hong Kong economy to slow to 3.2% in 2019: IMF
The subdued growth forecast is tied to the slowdown in Mainland China.
PMI plunges to 49.1 in April amidst slower sales and output
The latest reading represents the weakest showing in nine months.
Exports up 8% to $347.7b in March
Trade outflows to Asia rose 9.4% but plunged in India (-35.3%) and Taiwan (-7.4%).
Inflation up 2.6% in March
Blame higher prices of packaged tours.
PMI falls to 50.6 in March amidst slowing factory output
This was the weakest showing in five months.
Hong Kong signs customs deal with Korea
It enables Mainland cargoes shipped through Hong Kong eligible for preferential tariffs.
US-China trade war could hammer export-dependent Hong Kong hard
Merchandise trade accounted for 157.4% of 2017 GDP.
US-China trade war could cost one in 5 Hong Kong jobs: FS Chan
The trading and logistics industry, which employs over 700,00 people, remains highly vulnerable.
Read Here
Advertise
Sign Up
