In Focus

Economy

Staff Reporter

, Hong Kong

Published:

13 years ago

GDP jumps 6.5%

Total exports rose 20.1% in real terms compared to last year while investment spending saw a 15.2% increase.

According to the government, Hong Kong's Gross Domestic Product rose 6.5% in the second quarter, following an 8% rise in the first quarter.

“Further growth in public-sector works boosted construction activity, while machinery and equipment acquisition also maintained strong momentum,” said the report from the Information Services Department.

View the graph and full story here.

Also Read

Gov’t to cut taxes on salaries and profit for FY23-24

Hong Kong updates financial account information exchange list

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

Towngas backs i2Cool to boost product development and expansion

i2Cool’s products are being used in over 100 projects worldwide.

Energy & Offshore

3 hours ago

Canada to grant open work permits to HK nationals awaiting permanent residency

The policy will be in place for five years.

Residential

4 hours ago

Gov’t OKs Pfizer’s dual indication vaccine vs. respiratory syncytial virus

This is the first bivalent, single-dose vaccine against RSV.

Healthcare

4 hours ago

Short-term loans gain popularity in Hong Kong

Organic user traffic on a platform's urgent loan pages rose 36.7% over two years.

Financial Services

4 hours ago

Exclusives

Source Green’s bespoke and off-the-shelf solutions propel firms away from plastic packaging

F&B firms can source packaging made from wheat bran, bagasse, and areca palm.

Retail

1 day ago

Why avocados are now a permanent part of Shake Shack Hong Kong's menu

The brand said limited-time-only (LTO) delights and new menu launches help keep consumer attention.

Food & Beverage

Hong Kong’s Hottest Startups of 2024

Fintech and AI startups dominated the list.

Markets & Investing

Hong Kong sets higher investment threshold for residency

Whilst permanent residency in Hong Kong now requires a minimum outlay of $30m (US$3.83m), the range of permissible investments has been expanded.

Markets & Investing

Event News

HKB Greater Bay Area Enterprise Awards 2024 Winner: Mead Johnson Nutrition (Hong Kong) Limited

Food & Beverage

Mead Johnson Nutrition Hong Kong Ltd. highlights its commitment to infant and child nutrition with Hong Kong Enfinitas, a revolutionary infant formula with scientifically proven ingredients for optimal development.