Economy

Foreign currency reserve assets gain US$4.1b

It has reached US$281.7 billion at the end of October.

Foreign currency reserve assets gain US$4.1b

It has reached US$281.7 billion at the end of October.

Economic uncertainty likely to persist, warns John Tsang

The Financial Secretary said Hong Kong must keep up vigilance against possible external shocks.

HK further promotes IT innovation with science park

Hong Kong introduced a number of measures on both the hardware and software fronts to support its growth, said Secretary for Commerce and Economic...

Indonesia’s GDP may have grown 6.7% in 3Q11

DBS says 6.4% growth for 2011 is attainable as consumer spending has been resilient.

Asia-Pacific CEOs bullish on China for investment

CEOs look to Asia’s domestic markets to drive future revenues as more than 40% of CEOs plan to increase headcount by at least 5%.

Hong Kong losing regional competitiveness by slow implementation of double taxation pacts

Yet signing a Canada-Hong Kong DTA would make Hong Kong a more attractive centre for investment.

Pace of contraction in business activity eases for the first time in 3 months

Hong Kong’s slowdown is seen as beginning to lessen pipeline price pressures.

Government posts more than $5b deficit

Expenditure for the six months ending 30 September 2011 was more than $156b.

Hong Kong opens doors to Polish firms

The Hong Kong-Guangdong Business Conference in Warsaw introduced combined business advantages that Hong Kong and Guangdong offer Polish companies.

Floods may drag down Thailand’s GDP growth by 2.5% in 2011

It was definitely not Thailand’s year as anaylsts expect the country's GDP to plunge even further.

Korea’s GDP grows 3.4% in 3Q11

The country’s exports were the biggest winners, posting strong growth of 2% for the quarter.

Waiving business registration fee possible

Other one-off measures will be looked into to relieve inflationary pressure.

Ahoy! Kai Tak cruise terminal to boost economy

But we’ll have to wait till 2013 before Kai Tak is commissioned.

China and other growth economies take centre stage in new financial order

Global report confirms changes to international financial map.

$40b trade deficit recorded in September

That is equivalent to 12.8% of the value of imports of goods.

Exports to the Mainland slump 7.3% in September

Overall, the value of Hong Kong's total exports of goods fell 3% compared to that in September 2010. Meanwhile the value of imports of goods...

Chinese government keeps SMEs in a bind

They are seen as the unfortunate but necessary collateral damage in order to slow down inflation and restructure the economy.