Hong Kong
Account surplus reach HKD47.6b
It is swinging back.
Fixed investment up to 3% in Q1
It remains a key driver of growth.
Exports falls to 0.7% in Q1
But there’s still hope.
3-month HIBOR hits 0.4%
It is expected to remain low.
Lantau development strategy under way
Proposals were being explored.
Tsz Wan Shan restaurant closed
Suspension is for 2 weeks.
HK startup sets up a site enabling people to donate to charities using bitcoins
That’s at almost zero transaction fee.
Median household income grows 6.2% in Q4 of 2013
Income of household in private housing stagnates.
Fiscal surplus plunges to 6% of GDP
It’s not a problem.
CCL dropped 4.4% since March
Luxury property prices continue to ease.
Loans hike by 11.5% in 2014 first quarter
But don’t expect strong expansion.
Industrial market sales decline by 79% yoy
But there were also large transactions.
Warehouse rents rise by unremarkable 2.8% in Q1
Growth was seen in peripheral areas.
Marketing strategies in Hong Kong’s new retail landscape: online, offline, or both?
Hong Kong is world famous for being a ‘shoppers’ paradise’, thanks to its compact geography, easy access to shopping malls, and of course its incredible variety of goods available at different price points.
Hong Kong startup creates first intellectual property marketplace in APAC
It has over 27,000 patents to date.
Hong Kong GDP slows to disappointing 2.5%
Poor export performance is to blame.