Economy
Korea’s GDP grows 3.4% in 3Q11
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.
Japan’s exports rise 2% in September
The continued rise in exports is a positive sign showing that the country is nearing sustainable recovery.
Overall trade deficit may widen from HKD 35b to HKD 42b
September trade numbers may have eased to 6.2% y/y for exports and 11.4% for imports.
China’s flash manufacturing PMI rebounds to five-month high of 51.1 in October
It seems like Chinese manufacturing activity is gearing for a strong performance in 4Q11.
Korea’s GDP growth may have eased to 2.3% in 3Q11
As investments in the manufacturing segment have declined due to worries about global recession.
Next Scheme $6,000 phase to start Oct 23
3.15mn registration forms had been received as at Oct 20.
September Hong Kong prices up 5.8%
During the first nine months of 2011, the Composite CPI up 5.1% a year earlier.
Hong Kong sees 5.9% increase in foreign companies operation
24% of the 6,948 respondents said they plan to expand their business in Hong Kong in the next three years.
Taiwan’s export order growth may have dropped to 3.2% in September
The declining demand from China has been a big drag on the country’s exports since the beginning of this year.
Government proposes Competition Bill amendments
The Secretary for Commerce & Economic Development aims to push for the amendment to tackle SMEs’ concerns.
Companies Registry 2010-11 profit reaches $226mn
The launching the e-Registry has seen 143,797 new companies being incorporated.
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