Economy
Hong Kong posts $9.5bn deficit in February
The government expects cumulative surplus to decrease in the last month of the financial year.
Hong Kong posts $9.5bn deficit in February
The government expects cumulative surplus to decrease in the last month of the financial year.
Securities & Futures Appeals Tribunal names 12 new members
The appointees to replace outgoing members for two years starting April 1.
Renminbi market sees robust growth
Further development and more offering of investment products are expected in Hong Kong.
Hong Kong and Portugal ink tax agreement
Investors and tourists of both parties to pay lower taxes and transport fees under the pact.
Hong Kong posts $30bn BOP surplus in fourth quarter
Visible trade deficit rises to $88.9bn in fourth quarter 2010 as imports of goods increasing faster than exports.
Hong Kong February inflation rate up 3.7%
Economists see inflationary pressure to further increase in the coming months as global food and commodity prices remain elevated.
GDP grew 6.2% in 4Q
This is compared with the 6.7% increase in the third quarter and for last year as a whole, GDP grew 6.8% in real terms.
Hong Kong inaugurates electronic incorporation service
People can now incorporate companies and apply for business registration through the e-Registry portal.
34% of HK’s exports to China for outward processing
For the entire 2010, 32% of Hong Kong's total exports to the Mainland were for outward processing; the figure was 19% for domestic exports and 33%...
GNP up 6.9% in 4Q 2010
Hong Kong's Gross National Product grew to $477.2 billion, while GDP rose 8.1% to $477.7 billion.
Exchange Fund foreign assets grew to $2.09tn in February 2011
An increase of $53.1 billion was seen on the previous month.
Japan economy to remain resilient in quake aftermath: DBS
Government borrowing is sure to rise and given Japan’s already high (1.8x to 1.9x) debt:GDP ratio, some believe bond yields are likely to rise.
Lawmakers reject $60bn interim funding allocation
Hong Kong people are disappointed as it could have many negative implications.
It’s time to end the HK$ peg
The peg is doing more harm than good and many believe it’s time for it to go.
Revisions in budget proposals will turn surplus to deficit of $12bn
Revised budget proposals of giving $6,000 cash handouts and 75% salary tax rebates would mean a $40 billion stimulus package to consumption and...
Distressed Asian debt hard to find
The great credit crunch of 2009 has passed and unfortunately for distressed debt traders, there is little in the way of bad debt to be traded in Asia...
Financial secretary says revised budget has people's support
Financial Secretary John Tsang says he believes the citizens support his revised Budget measures.
Read Here
Advertise
Sign Up
Commentary
LandsD 'area model' idea makes sense for the San Tin Technopole
Hong Kong’s tertiary education policy shift ignites co-living growth
Transforming Hong Kong into a climate tech powerhouse