Economy

Hong Kong Business welcomes nominations for the National Business Awards 2019
17 Apr 19
Deadline for entries is on 12 July 2019.
Hong Kong Business opens nominations for HKB International Business Awards 2019
3 Apr 19
Deadline for nominations is on 12 July 2019.
Vietnam GDP rose 6.8% in Q1
1 Apr 19
The growth was mainly driven by agriculture, forestry and fishery, industry and construction, and services.
Hong Kong named as the most vulnerable APAC country to Chinese trade decline
20 Mar 19
Most of the region’s exports are being absorbed by China.
Hong Kong and Paris squeeze into Singapore's throne as costliest city globally
20 Mar 19
Hong Kong moved from the 4th place last year to the top in 2019.
Hong Kong's economy slumped 1.3% in Q4 2018: report
20 Mar 19
This was the slowest pace of GDP growth since 2016.
China to develop platform economy in 2020
8 Mar 19
The country is aiming to build a commodity circulation system that fits the modern economic system.
Almost half of Hong Kong SMEs have no desire to internationalise
6 Mar 19
Three in five SMEs operate in Hong Kong only.
PMI hits 48.4 in February as demand and output sink
6 Mar 19
Output dropped for the eleventh straight month.
Malaysia's exports inched up 3.1% in January
5 Mar 19
The exports of manufacturing and mining goods underpinned export growth.
GDP growth may moderate to 2.2% in 2019 amidst cautious business sentiment: analyst
1 Mar 19
Q4 2018’s slower GDP growth was mainly driven by a significant drop in fixed investment growth to -5.4% YoY.
Hong Kong's 2018 budget surplus dropped 57% to $58.7b
28 Feb 19
This was partly blamed to weakened revenues of land premium and stamp duties.
GDP growth grinds to a halt at 1.5% in Q4
20 Feb 19
It was significantly lower compared to the 3.7% increase in the first three quarters.
Half of Hong Kong adults struggle to make investment decisions: poll
19 Feb 19
Respondents lament small wages and overspending in meeting their financial goals.
China's exports rebounded 9.1% in January
19 Feb 19
Exports to EU, Japan, South Korea and ASEAN have recovered.
Japan's GDP growth slowed to 0.7% in 2018
15 Feb 19
Companies that supply parts and components to China were hit by weak demand.
PMI hits 48.2 in January as trade war gloom persists
13 Feb 19
This is the tenth consecutive month of deterioating private business conditions.
Trade war could hit half a percentage point of Hong Kong GDP: official
13 Feb 19
Higher tariffs will hit consumers right in the pocket.
China heightens infrastructure spending to prop up slowing economy
12 Feb 19
The government is actively spending for railway, highways, airports and water conservancy projects.
Malaysia GDP growth to hit 4.7% in Q4
12 Feb 19
The construction sector will receive a boost as the government's resumes infrastructure spending.
South Korea's fiscal surplus may narrow to 0.6% in 2019
7 Feb 19
The decrease came as the government is tipped to splash out $250b to boost job growth.
Goods and services complaints up 5% in 2018
6 Feb 19
Vaccination grievances climbed four times amidst the inadequate supply of the HPV vaccine.
Hong Kong retains crown as world's freest economy
31 Jan 19
The SAR had stellar scores in trade and monetary freedom.
Exports down 5.8% to $339.9b in December amidst trade war drag
30 Jan 19
Trade volumes to India crashed 35.9%.
Inflation dips to 2.5% in December
23 Jan 19
The growth in food prices hit 3.8%.
Budget surplus to hit $56.4b in 2019 amidst hefty land sales revenue: KPMG
23 Jan 19
The figure is 62% higher than the government estimate.
APAC CEOs more optimistic than global average
22 Jan 19
Half of the region's top execs expect growth to improve in 2019 despite economic uncertainties.
China's 2019 GDP set to drop further to 6.2%
22 Jan 19
Spending will take a huge hit amidst weak wage growth and job losses..
Hong Kong dislodged as home to the world's largest super-rich population in 2018
22 Jan 19
New York reclaimed the crown as the trade dispute hammered the SAR.
Government mulls ban on e-cigarette sales
17 Jan 19
It is aiming to reduce smoking prevalence from the current 10% to 7.8% by 2025.
2 in 5 APAC organisations are not ready to address new global regulations: study
11 Jan 19
Over half admit to not having plans to ensure compliance with local and global requirements in 2019.
Hong Kong minimum wage to rise 8.7% $37.50 in May
10 Jan 19
It's the biggest increase since the scheme was introduced in 2011.
PMI hits 48 in December as demand sinks
9 Jan 19
Vendor performance has deteriorated for 20 months.
The hammer falls on Hong Kong's auction houses
9 Jan 19
Christie’s Hong Kong 2018 autumn auctions raised $2.75b in late November, an 11.6% fall from the $3.11b raised over its spring 2018 auctions...
Hong Kong exports crash 0.8% to $364.3b in November
8 Jan 19
The headline figure reverses the previous month’s double-digit growth.
Inflation slows to 2.6% in November
21 Dec 18
The increase in food prices hit 3.5%.
PMI down to 47.1 in November as Chinese business suffers deep losses
6 Dec 18
Exports to China fell at the fastest pace in three years.
Shanghai dethrones Hong Kong as most expensive city in Asia
5 Dec 18
Property prices in Hong Kong reached $424,042 psm.
Thailand's economy growth falls below consensus as trade war looms: Fitch Solutions
5 Dec 18
Budget cuts and social instability may also further hamper its 2019 growth.
SEA GDP growth may slow to 5% in 2019: ICAEW
5 Dec 18
Singapore and Malaysia may see the biggest GDP hit, whilst Indonesia and Philippines will be relatively unscathed.

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