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Inflation hits 34-month high of 5.2% yoy in May
Though a touch lower than expectations for 5.3%, it still sat above market expectations for 5.0%, says HSBC.
Inflation hits 34-month high of 5.2% yoy in May
Though a touch lower than expectations for 5.3%, it still sat above market expectations for 5.0%, says HSBC.
HSBC: No slowing down in Hong Kong inflation
Price drop in energy has limited effect on inflation rate as transport makes up for only 8% of Hong Kong's composite CPI basket.
Hong Kong first quarter GDP up 7.2%
Robust momentum in external trade regained in the first quarter boosted GDP from 6.4% in the previous quarter.
38% of employees discontented with their jobs
Frankly, we are surprised it’s not more, but guess how much pay rise they want to move to a new job ?
Hong Kong desperately needs the third runway: DHL
This, as passenger market grows by 6.7% from 45 million international in 2009 to 62.2 million in 2014.
Expects rents to climb: DBS
Private residential rents are averaging HK$19.6/sqft, the highest since the HK$20.4/sqft peak in 1997.
Cathay Pacific and Dragonair combined May passenger volume up 1.1%
Yet cargo load down 12.9% to 138,095 tonnes behind the weakness on Japan, Shanghai and Middle Eastern routes .
29% of Hong Kong’s China exports for outward processing
$125.1bn of Q1 total exports to China were for outward processing, up 18% over last year.
More regulation vital to boost China banks’ business transformation
An Ernst & Young report reveals a strong balance sheet and diversified business operations will help Chinese banks meet the new regulatory standards.
No jobs lost after first month of minimum wage laws: HSBC
This, as employment still managed to increase by 15k to over 3.6mn.
Unemployment rate stands at 3.5%
The labour force grew by 17,800 to almost 4 million in March-May.
Exports down 4.3%
This as domestic exports saw an 8.3% decline.
Cathay Pacific launches Blackberry Playbook airline app
The carrier has already has its app even before BlackBerry PlayBook’s release in Hong Kong from early July.
Record high housing rents raise concern on Hong Kong’s competitiveness
Many corporations are feeling the effects of high rents as it increases the expatriates’ cost of living, which weakens Hong Kong’s competitiveness.
Tsang luring Victorian firms to Hong Kong
Chief Executive Donald Tsang is encouraging Victorian companies to establish take advantage of Hong Kong's position as the premier gateway to China.
Export weakness looms
This as leading indicators are said to be turning down again.
Inflation is intensifying as projected: UBS
Accelerating cost pressures are said to be driven by HKD weakness, rising Chinese inflation, continued asset reflation, and domestic credit expansion.
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