Economy
Nearly half of B2B credit sales now overdue: report
Nearly half of B2B credit sales now overdue: report
The report also said bad debts have surged, currently impacting 7% of B2B invoices.
21 hours ago
Hong Kong economy expands 3.1% in Q2
This is the 10th consecutive quarter it saw an economic expansion.
3 days ago
HK’s foreign currency reserve declines by 1.52% MoM in July
It represents over five times the currency in circulation.
3 days ago
Hong Kong to achieve new economic breakthroughs: FS Chan
The city is restoring from pandemic and keep attracting talents.
Hong Kong exports rise 11.9% in June with Asia demand surge
Despite the growth, the city recorded a trade deficit of $58.9b, equivalent to 12.4% of total imports.
Hong Kong inflation slows in June
Composite CPI continue to increase by 1.0% year-on-year.
Joint study reveals most firms miss Scope 3 emission baseline and mature transition plans
More than half do not report Scope 3 emissions.
Exports and imports rise in May 2025
Vietnam led import volume growth, whilst Taiwan led export volume growth.
Hong Kong slips to third in lifestyle index amidst regional shifts
In Asia Pacific specifically, business flights (+12.6%), watches (+9.0%), and even bicycles (+5.5%) saw notable jumps.
Gov’t amends ordinance for third phase of Trade Single Window scheme
The last phase is considered the most complex part of the scheme.
Shanghai Gold Exchange launches first offshore gold delivery vault in Hong Kong
It has also listed gold contracts for Hong Kong delivery on its International Board.
Economy still slated for 2.5% growth with resilient external trade
Hang Seng Bank predicts 2.5% expansion of economy in 2025.
Employment slips in March
Total employment dropped by 14,500 persons from the previous year.
Consumer prices up 1.9% in May
Underlying inflation rate stood at 1%
Rising regulations push Hong Kong trust costs higher
Firms turn to RegTech as compliance burdens grow alongside private wealth opportunities.
GDP seen to decline by 1.5% with exports under strain
China's economy is also expected to slow, with GDP forecast to decline by 0.5% by the end of 2025.
HK on track to hit 3% export growth: HKTDC
Many exporters opted to “frontload” their orders in the early months of 2025.
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