Economy
PMI plunges to 49.1 in April amidst slower sales and output
PMI plunges to 49.1 in April amidst slower sales and output
The latest reading represents the weakest showing in nine months.
Exports up 8% to $347.7b in March
Trade outflows to Asia rose 9.4% but plunged in India (-35.3%) and Taiwan (-7.4%).
Inflation up 2.6% in March
Blame higher prices of packaged tours.
PMI falls to 50.6 in March amidst slowing factory output
This was the weakest showing in five months.
Hong Kong signs customs deal with Korea
It enables Mainland cargoes shipped through Hong Kong eligible for preferential tariffs.
US-China trade war could hammer export-dependent Hong Kong hard
Merchandise trade accounted for 157.4% of 2017 GDP.
US-China trade war could cost one in 5 Hong Kong jobs: FS Chan
The trading and logistics industry, which employs over 700,00 people, remains highly vulnerable.
Government earmarked $50m for Technology Voucher Programme
It aims to subside the technological solutions of local, non-listed enterprises.
Exports up 1.7% to $245.7b in February
Trade outflows to Malaysia and Philippines buoyed monthly figures.
Small business optimism hits six year high as technology accelerates growth prospects
Almost half (48%) admitted that technological investment boosted company profits.
Hong Kong inks investment deal with UK
The two economies will encourage the development of businesses with technology focus.
Unemployment flat at 2.9% in December-February
This is equivalent to 3.98m unemployed persons.
Inflation levels extend climb after rising 3.1% in Feburary
The price of basic utilities rose for the second consecutive month.
Hong Kong inks tax deal with India
It aims to avoid double taxation on trade activities.
Hong Kong loses to Singapore as top APAC location for startups
Business costs are more expensive in the Asian financial centre than the lion city.
Hong Kong is home to seven in 50 of Asia's multi-millionaires
There are 5,140 individuals in Hong Kong and China worth over US$50m.
HKC files protest over 23.6% steel and aluminum tariff hike
It fears that a hefty tariff might prompt a trade war later on.
Read Here
Advertise
Sign Up
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+
How student hostels conversion projects can qualify as social loans