Economy
Singapore beats Hong Kong in global smart city rankings
Singapore beats Hong Kong in global smart city rankings
The SAR ranks 18th globally whilst the lion city is second only to London.
Trade war could cut 1% of Hong Kong's GDP
Immediate damage would be felt by export-dependent economies like Hong Kong.
Singapore and Hong Kong startups to be linked through fintech deal
They will be engaged in a shared network and mentorship programmes.
Hong Kong inks free trade agreement with Georgia
Georgia will eliminate import tariffs on 96.6% of its tariff lines for Hong Kong products.
Exports up 15.9% to $351.4b in May
Trade volumes to Singapore and Malaysia surged 43%.
Hong Kong is 6th safest city in the world
It climbed from 14th place in 2017.
Inflation extends steep climb after rising 2.1% in May
Prices for food and basic utilities rose steeply at 4.7% and 3.4%.
Hong Kong wide open to a financial crisis over the next three years
Worsening credit-to-GDP gaps are putting the city in danger territory.
Half of exporters remain bullish despite trade tensions
They believe US-China trade tensions will have little to no impact on export activity.
Finance sector leads quarterly business receipts growth in Q1
Business receipts rose by almost a third at 28.7%.
PMI plunges to 47.8 in May as orders dry up and costs mount
Companies turned to price discounts to offset sluggish sales.
Exports up 8.1% to $330.2b in April
Trade volumes to traditional trade partners like Taiwan, Singapore, and China rose.
Hong Kong inks tax pact with Finland
The deal states the allocation of taxing rights between jurisdictions.
Hong Kong falls to second place as world's most competitive economy
Its ranking in infrastructure slipped to 23rd place.
Inflation jumps 1.9% for fourth straight month in April
Prices for food and basic utilities like electricity, gas and water continue to rise.
GDP growth hits seven year high as economy surges 4.7% in Q1
Strong private consumption levels and exports buoyed the domestic economy.
Goods export up 5.3% in March
Double digit growth was posted in export volume to the Mainland.
Read Here
Advertise
Sign Up
Commentary
How commercial spaces must adapt to changing consumer expectations
AI, data centres, and the coming energy supercycle in Hong Kong
Reinsurance beyond borders: How Hong Kong can strengthen Asia’s risk-sharing architecture
Hong Kong hospitality insights: Robust investment, tourism expansion, and operational recovery
Hong Kong’s insurance boom is facing a financing test