Economy
Retail sales down as economy continues slide
Retail sales down as economy continues slide
Hong Kong's retail sales continued to slow in May as the economic slowdown took its toll on spending.
Why Hong Kong should fear Singapore more than Shanghai
If you desire an animated dinner, start a debate about why some countries are rich while others are poor. Asia is the ideal battle ground for this...
Mainland financial initiatives welcome in Hong Kong
Financial Secretary John Tsang welcomes the measures China will implement to strengthen cooperation between Hong Kong and the Mainland.
Four areas key to Hong Kong’s growth
Chinese President Hu Jintao said the next five years will be critical to Hong Kong’s long-term development.
Leung sworn in as Chief Executive
Leung Chun-ying took office yesterday as Hong Kong’s third chief executive since 1997.
Hong Kong and China bolster business relationship
China unveils a set of measures to strengthen its ties with Hong Kong.
Shenzhen plans to build its own Hong Kong clone
There are plans to build a new city in China to compete against Hong Kong.
Dim economic outlook confronts Hong Kong
Tourism remains only one of a few bright lights in the otherwise gloomy economic landscape facing Hong Kong this year.
Hong Kong forms financial services task force
A Preparatory Task Force on the Financial Services Development Council has been established by the government to recover lost ground in financial...
Swipe it! Credit card transactions up 3.4% in 1Q12
People continued to spend but at a slower pace compared to 2011 because of the unfavourable economic environment.
Hong Kong firms receive support for Mainland businesses
The government has set aside $1 billion to strengthen the competitiveness of Hong Kong businesses on the Mainland.
Hong Kong posts a balance of payments surplus
Hong Kong recorded a $48.2 billion surplus in its balance of payments account in the first quarter of 2012, said the Census & Statistics Department.
More companies open in Hong Kong
Invest Hong Kong helps 209 companies either expand or set-up their businesses in Hong Kong in the first half of the year.
Lower inflation and lower economic growth in store for Hong Kong
The Census & Statistics Department forecasts lower inflation in the coming months along with the relatively slow expansion of Hong Kong’s economy.
China boosts Hong Kong’s position as RMB center
China will issue sovereign renminbi bonds in Hong Kong with a total value of RMB23 billion.
Hong Kong enacts competition law
Hong Kong has its first law against anti-competitive conduct after a decade of trying but doubts persist about the law’s effectiveness.
Hong Kong employers resist more paternity leave days
Hong Kong’s employers claim that paid paternity leave is a key reason for Europe’s massive economic woes today.
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