In Focus
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 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.
China Construction Bank sees strong growth in yuan loans
The Hong Kong branch of state-owned China Construction Bank Corporation plans to double its yuan-denominated assets.
Rents in New Territories up 31%
The area outdid both Hong Kong Island and Kowloon in terms of rental hike.
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.
More residential housing to be built
Some 5,000 flats are expected to be built on land to be released by the third quarter.
Residents drive passenger traffic growth in HKIA
Hong Kong residents are traveling more, registering a 16% YoY growth.
Financial Dispute Resolution Centre to be organised
Tougher rules are also in store for Hong Kong’s financial institutions.
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.
Pay hikes in store for government ministers
A proposed pay increase for Hong Kong’s government ministers is quite generous.
Hong Kong promotes renminbi business in Japan
The Hong Kong Monetary Authority and Trade Development Council have held a seminar in Tokyo promoting Hong Kong’s renminbi business.
Gregory So in Japan to promote Hong Kong
Secretary for Commerce & Economic Development Gregory So is in Japan for a five day visit to promote Hong Kong.
Hong Kong’s economy is worse than expected
A serious slowdown in growth in the first quarter is blamed on weak exports.
HKMA lends a hand to banks burdened by Basel III
The Hong Kong Monetary Authority will allow the city’s banks to use foreign currency liquid assets to meet the liquidity coverage ratio requirements of Basel III.
West is where the money is
For Hong Kong’s mall developers, the phrase “Go West” means go to Chengdu.
Health is wealth: HK government sets aside HK$45 billion for healthcare
A Samaritan Fund of HK$10 billion will help ease spending on essential drugs and other medical items.
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