Economy

Hong Kong is 6th safest city in the world
22 Jun 18
It climbed from 14th place in 2017.
Inflation extends steep climb after rising 2.1% in May
22 Jun 18
Prices for food and basic utilities rose steeply at 4.7% and 3.4%.
Hong Kong wide open to a financial crisis over the next three years
21 Jun 18
Worsening credit-to-GDP gaps are putting the city in danger territory.
Half of exporters remain bullish despite trade tensions
21 Jun 18
They believe US-China trade tensions will have little to no impact on export activity.
Crazy, rich Asians: APAC's ultra-wealthy population is world's richest in 2017
19 Jun 18
Their total wealth climbed 14.8% to US$21.6t.
Japan's trade deficit reached US$5.23b in May
18 Jun 18
There was a 20.7% YoY import increase in the energy sector.
South Korea's 1.50% inflation rate falls short of target
13 Jun 18
Sluggish employment is experienced in the country.
Finance sector leads quarterly business receipts growth in Q1
12 Jun 18
Business receipts rose by almost a third at 28.7%.
China next to US as largest foreign investment hub in 2017
11 Jun 18
Hongkong, Brazil, and Singapore came next with US$104b, US$63b, and US$62b worth of FDI, respectively.
Taiwan's household spending rose 1.8% in 2017
8 Jun 18
E-commerce orders ballooned 46.1% due to higher smartphone use.
Japan to launch new resident status for low-skilled foreign workers
7 Jun 18
Foreigners could help counter labour shortage in construction and agriculture.
PMI plunges to 47.8 in May as orders dry up and costs mount
7 Jun 18
Companies turned to price discounts to offset sluggish sales.
Exports up 8.1% to $330.2b in April
29 May 18
Trade volumes to traditional trade partners like Taiwan, Singapore, and China rose.
Hong Kong inks tax pact with Finland
25 May 18
The deal states the allocation of taxing rights between jurisdictions.
Hong Kong falls to second place as world's most competitive economy
25 May 18
Its ranking in infrastructure slipped to 23rd place.
Inflation jumps 1.9% for fourth straight month in April
22 May 18
Prices for food and basic utilities like electricity, gas and water continue to rise.
GDP growth hits seven year high as economy surges 4.7% in Q1
14 May 18
Strong private consumption levels and exports buoyed the domestic economy.
Goods export up 5.3% in March
11 May 18
Double digit growth was posted in export volume to the Mainland.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
11 May 18
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
Hong Kong economy to slow to 3.2% in 2019: IMF
10 May 18
The subdued growth forecast is tied to the slowdown in Mainland China.
PMI plunges to 49.1 in April amidst slower sales and output
4 May 18
The latest reading represents the weakest showing in nine months.
Exports up 8% to $347.7b in March
27 Apr 18
Trade outflows to Asia rose 9.4% but plunged in India (-35.3%) and Taiwan (-7.4%).
Inflation up 2.6% in March
24 Apr 18
Blame higher prices of packaged tours.
PMI falls to 50.6 in March amidst slowing factory output
11 Apr 18
This was the weakest showing in five months.
Hong Kong signs customs deal with Korea
11 Apr 18
It enables Mainland cargoes shipped through Hong Kong eligible for preferential tariffs.
US-China trade war could hammer export-dependent Hong Kong hard
10 Apr 18
Merchandise trade accounted for 157.4% of 2017 GDP.
US-China trade war could cost one in 5 Hong Kong jobs: FS Chan
3 Apr 18
The trading and logistics industry, which employs over 700,00 people, remains highly vulnerable.
Government earmarked $50m for Technology Voucher Programme
29 Mar 18
It aims to subside the technological solutions of local, non-listed enterprises.
Exports up 1.7% to $245.7b in February
28 Mar 18
Trade outflows to Malaysia and Philippines buoyed monthly figures.
Small business optimism hits six year high as technology accelerates growth prospects
26 Mar 18
Almost half (48%) admitted that technological investment boosted company profits.
Hong Kong inks investment deal with UK
26 Mar 18
The two economies will encourage the development of businesses with technology focus.
Unemployment flat at 2.9% in December-February
21 Mar 18
This is equivalent to 3.98m unemployed persons.
Inflation levels extend climb after rising 3.1% in Feburary
21 Mar 18
The price of basic utilities rose for the second consecutive month.
Hong Kong inks tax deal with India
21 Mar 18
It aims to avoid double taxation on trade activities.
Hong Kong loses to Singapore as top APAC location for startups
14 Mar 18
Business costs are more expensive in the Asian financial centre than the lion city.
Hong Kong is home to seven in 50 of Asia's multi-millionaires
8 Mar 18
There are 5,140 individuals in Hong Kong and China worth over US$50m.
HKC files protest over 23.6% steel and aluminum tariff hike
8 Mar 18
It fears that a hefty tariff might prompt a trade war later on.
Why Hong Kong listed company culture isn't fit for the future
8 Mar 18
The dominance of the large, listed companies so long at the heart of Hong Kong’s economic and business culture is under threat, challenged...
Total port cargo throughput up 9.7% to 281.5m tonnes in 2017
7 Mar 18
Inward load from Mainland China, Malaysia and Singapore boosted year-end figures.
No country for old men: Singapore and HK budget differences indicate policy divergence
7 Mar 18
The recent budgets delivered in Singapore and Hong Kong show differing paths to deal with an ageing society.

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Sep 06
HKB International Business Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB Listed Companies Awards 2018
Island Shangri-La, Hong Kong
Sep 06
HKB National Business Awards 2018
Island Shangri-La, Hong Kong
Oct 18
HKB Management Excellence Awards 2018
Island Shangri-La, Hong Kong