Economy

Australia to ink free trade deal with Hong Kong
20 Aug 18
Two-way trade between the pair is around $93.44b.
Unemployment rate steady at 2.8% in May-July
20 Aug 18
This translates to around 114,700 unemployed Hong Kongers.
Beijing to launch smart cards for Mainland-based Hong Kongers in GBA push
17 Aug 18
Cardholders will enjoy same access to public services as Mainland counterparts.
California embraces Hong Kong market as trade war squeezes export options
17 Aug 18
US cherries sold in the SAR in August were around 10% cheaper than last summer.
Hong Kong's startup growth hit by weak Greater Bay Area links
15 Aug 18
Homegrown firms have trouble accessing new markets which could open the doors for talent and suppliers.
Hong Kong mid-year population up 0.8% to 7.45 million
15 Aug 18
Birth numbers (55,000) outweighed mortality rates (47,300).
Hong Kong is more liveable than Singapore
14 Aug 18
The SAR is at 35th place whilst the Lion City is at 37th.
GDP growth slows to 3.5% in Q2 as trade war eats into exports
13 Aug 18
Around $136b of total exports stand at risk.
Exports grind to a halt at 0.7% growth in June
10 Aug 18
The fall comes from a 12.9% expansion in May.
PMI hits 48.2 in July as trade jitters shake markets
3 Aug 18
Business sentiment plunged to a near two-year low.
Trade jitters dampen export growth to 3.3% in June
27 Jul 18
This comes from 12.9% expansion in May.
Trade tensions fail to rattle Hong Kong SMEs in Q3
26 Jul 18
SME sentiment tracker remained at 49.7.
Inflation up 2.4% for sixth straight month in June
24 Jul 18
Food prices rose steeply by 5.2%.
Exports weather through trade woes after rising 12.9% in May
20 Jul 18
Trade to the Mainland and Japan registered double-digit growth.
Thailand's consumer spending to see growth in 2018
18 Jul 18
Rising disposable income could spur spending on skin-care, make-up, and accessories.
PMI further plummets to 47.7 in June as costs skyrocket
17 Jul 18
Inflation levels for purchase costs hit a six year high.
Trade tensions could hammer up to 2.2% of Hong Kong exports
17 Jul 18
The second round of tariffs could hit $130b worth of Chinese exports to the US via Hong Kong.
Here's why Korea could withstand the trade war
11 Jul 18
Its ASEAN-bound FDIs have surpassed China-bound FDIs since 2015.
US-China trade wars could dent Japan's export growth
9 Jul 18
The US accounts for 20% of Japan's total exports.
Singapore beats Hong Kong in global smart city rankings
6 Jul 18
The SAR ranks 18th globally whilst the lion city is second only to London.
Trade war could cut 1% of Hong Kong's GDP
5 Jul 18
Immediate damage would be felt by export-dependent economies like Hong Kong.
APAC leads growth in global real estate transparency
3 Jul 18
Australia and New Zealand placed second and seventh in the global transparency rankings.
Emerging markets in Asia could get hurt from US-China trade tension
3 Jul 18
Taiwan, Malaysia, Singapore, Korea, Hong Kong, Thailand, Philippines, and Japan will be amongst the most affected by US tariffs on Chinese goods...
Singapore and Hong Kong startups to be linked through fintech deal
2 Jul 18
They will be engaged in a shared network and mentorship programmes.
Asian firms could pay in-demand workers US$15,000 more amidst talent crunch
29 Jun 18
Japan's salary surge could cost as much as US$468b by 2030.
Hong Kong inks free trade agreement with Georgia
29 Jun 18
Georgia will eliminate import tariffs on 96.6% of its tariff lines for Hong Kong products.
China to trim minimum bank reserves in July
27 Jun 18
The move will release liquidity valued at around US$100b to support the economy.
APAC leads global tourism growth by 8% in 1Q 2018
27 Jun 18
SEA and South Asia tourist arrivals rose 10% and 9%, respectively.
Exports up 15.9% to $351.4b in May
27 Jun 18
Trade volumes to Singapore and Malaysia surged 43%.
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%.
APAC IPO value crashed 21% in the first half of 2018
21 Jun 18
Overall initial public offering (IPO) value in the Asia Pacific region fell 21% to US$31.9b in the first half of 2018.
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.

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Sep 05
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