Economy

Here's what to expect from Hong Kong's new administration

Watch out for a new fiscal philosophy for public expenditure.

Here's what to expect from Hong Kong's new administration

Watch out for a new fiscal philosophy for public expenditure.

Here's what caused the sharp drop in Hong Kong's inflation

Biggest factor was the different timings of the Lunar New Year.

Consumer prices dipped 0.1% in February

Underlying inflation rate was 0.7%.

Hong Kong's goods exports down 2.3% year-on-year

Volume of goods imports also dipped 3.9%.

Hong Kong's GDP up 4.8% to $676.9b

While its gross national income grew 7.3% to $696.4b.

Hong Kong's export index climbs to 47.1

It marks the biggest jump in recent years.

Hong Kong's infrastructure spending to eat up 18.1% of annual budget

But delays are still predicted amidst manpower crunch.

Hong Kong government's surplus predicted to hit 1.2% of GDP

It's slightly higher than its expectations of 0.6%.

HKEx appoints Stephen Yiu as board member

3 others were also reappointed into the board.

Dismal trade figures loom over Hong Kong

No thanks to a possible slowdown in China's manufacturing sector.

Hong Kong's GDP growth picked up to 3.1% in 4Q16

It's been going up for three quarters in a row.

33% of CEOs in China, Hong Kong are "very confident" of revenue growth: PwC

They see Hong Kong as among the best cities for growth prospects.

Hong Kong's foreign currency reserve assets down by US$1b to US$390.5b in February

The reserve assets represent seven times the currency in circulation.

Hong Kong urged to play more active role in 'One Belt, One Road' initiative

It can also develop passages to Southern Asia, Africa, and Europe.