Economy

Five key growth areas seen by new financial council

Financial Services Development Council also discusses three-year work plan.

South Korea’s GDP growth slightly rose 1.5%

 Government mulls over new measures to reduce KRW volatility.

Philippines’ GDP to soar 6% in 2013: IMF

OCBC however cautions of near-term volatility.

Inflation hits 4.1% in 2012

Government, however, says inflationary pressures being contained.

UAE can become vital renminbi hub

HKMA says it has necessary infrastructure to do so.

Young people becoming fewer in Hong Kong

They're just 12.6% of total population.

Government tackles worsening waste problem

Intends to spend US$3.9 billion on waste handling facilities.