Economy

Composite interest rate down to 0.94% in July
21 Aug 19
This is due to decreases in weighted funding costs of deposits and interbank funds.
Hong Kong inflation remains unchanged at 3.3% in July
21 Aug 19
Hungry Hongkongers won’t be happy with the inflation rate of 12.8% for food prices.
Thailand GDP growth slows to 2.3% in Q2
21 Aug 19
Declining exports weighed heavily on economic growth.
Economic conditions in H1 weakest in a decade: government economist
19 Aug 19
Real GDP is expected to grow by a dismal 0-1% by the end of the year.
Philippine economic growth to slow to 5.7% in 2019
16 Aug 19
The move comes after the economy grew by 5.5% in Q2.
Total export volume down 5.2% in H1
16 Aug 19
Exports fell for the fourth straight month in June.
Mid-year population up 1% to 7.52 million
15 Aug 19
The number of residents rose by 73,100.
US retailers to rely on Vietnam amidst exits from China's textile industry
13 Aug 19
Vietnam’s textile sourcing rose 13% YoY in Q1 2019.
Chinese exports recovered 3.3% in July
13 Aug 19
Exports to key markets including, ASEAN, UK, EU and South Korea showed positive growth.
Philippine economic growth contracted to 5.5% in Q2
9 Aug 19
Private consumption and government consumption both slowed down.
Possibility of recession looms for Hong Kong: Finance Chief
8 Aug 19
Ongoing social unrest and the escalating trade tensions place downward pressure on economic growth.
South Asia GDP may moderate to 5.1% in FY2019-20
7 Aug 19
Ongoing security concerns may hinder growth, but infra spending could provide support.
PMI sinks to decade-low 43.8 in July
6 Aug 19
This is due to sharp declines in both business activity and new orders and fall in input stocks.
GDP growth holds firm at 0.6% in Q2
2 Aug 19
This is due to weak performance of investments and low external demand.
Hong Kong trade deficit narrows to $244.2b for H1
29 Jul 19
Total trade exports and imports decreased by 3.6% and 4.5% in H1.
Inflation hits 3.3% in June
23 Jul 19
Surging pork prices drove inflation levels up.
Firms expect business situation to worsen in Q3: survey
22 Jul 19
Retail, accommodation and food services, and real estate sectors are bracing for the worse.
Secondary listings by Mainland firms to weigh on liquidity
17 Jul 19
Large IPOs in the pipeline and reduced aggregate balance still make liquidity conditions volatile.
Total export volume down 4% in May
17 Jul 19
Total export and import volumes went down as prices increased.
China expected to post its slowest growth in 27 years
17 Jul 19
The manufacturing sector and tariffs are expected to drag down real GDP growth to 6.3% in 2019.
Exports down 2.4% in May
12 Jul 19
Total good exports fell 2.5% for the first five months of the year.
APAC high net-worth wealth down 5% in 2018
11 Jul 19
China accounted for 53% of the region’s decline.
Over 64,000 new companies registered in H1
11 Jul 19
Hong Kong is now home to nearly 1.4 million companies.
Hong Kong exports down 2.4% to $343.1b in April
9 Jul 19
The total value of exported goods dropped 2.4%.
3 in 4 parents more pressured over finances than older counterparts
9 Jul 19
Children’s education ranked as their highest financial stressor.
Inflation eases to 2.8% in May
25 Jun 19
The prices of electricity, gas and water fell.
Civil Service Bureau proposes 5.26% pay hike for lower income civil servants
13 Jun 19
The proposed adjustment took into account cost of living and pay claims, amongst others.
The Asian Export Awards 2019 is now open for nominations
11 Jun 19
The search is on for the leading exporters in Asia.
Entertainment and media revenue to make up 60% of Hong Kong's revenue by 2023
7 Jun 19
It will primarily be driven by the OTT segment’s 18.7% CAGR to $3.14b.
Hong Kong beats US but trails Singapore in world competitiveness rankings
29 May 19
The city had stellar scores in government and business efficiency.
Hong Kong's quality of life is the world's 44th best: report
28 May 19
Meteoric property prices put Hong Kong behind cheaper Asian cities.
Exports down 2.6% to $321.5b in April
28 May 19
Double digit export volume declines were recorded in India, Taiwan and the US.
Inflation up 2.9% in April
28 May 19
Higher prices for food, housing and transport offset declines in utilities.
Over $13b of arrears owed to Hong Kong SMEs in 2018
22 May 19
More than one in ten invoices were left unpaid.
Hong Kong exports down 3% in March
21 May 19
Double digit export volume declines were recorded to mainland China and India.
Hong Kong GDP growth to recover after bottoming out in Q1
8 May 19
Private consumption and investment growth will prop up the struggling economy.
Hong Kong's GDP growth slowed to 0.5% in Q1
3 May 19
Both exports and imports of goods continued to see declines.
Hong Kong could be ideal data depository for Greater Bay Area: report
30 Apr 19
Its international positioning and robust data protection framework make it the ideal location for the region.
Inflation up 2.1% in March
24 Apr 19
Consumer prices for food, housing, and alcohol rose and offset declines in utilities.
Hong Kong Business welcomes nominations for the National Business Awards 2019
17 Apr 19
Deadline for entries is on 12 July 2019.

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