Economy
Median household income grows 6.2% in Q4 of 2013
Income of household in private housing stagnates.
Fiscal surplus plunges to 6% of GDP
It’s not a problem.
Hong Kong GDP slows to disappointing 2.5%
Poor export performance is to blame.
HK’s real GDP expands by 2.5%
It’s mainly driven by domestic demand.
Hong Kong SMEs turning less optimistic on business outlook
Here are their top worries.
Hong Kong's export growth on the mend
It jumped to 3.4% in March.
Consumer prices crept up 3.9%
Here are yoy price increases.
Current account surplus to widen to 3.5% for next 2 years
Trade balance will still be deficit.
2013 budget hit record surplus of 0.6% of GDP
Expenditure was lower than expected.
HK market volatility to bear the brunt if US tightens monetary policy
Growth prospects still hinged on US, PRC.
Foreign currency assets hit US$316.8m by end-March
It jumped US$9 billion.
HK economy grows steadily at 2.9%
It is bolstered by private consumption.
Net service exports soar 33%
All thanks to economic recovery.
Rent, food costs push CPI inflation to 4.3%
This is despite cooling of property market.
ADB forecasts steady growth of 3.5-3.6% for next two years
China economy expected to boost opportunities.
ADB warns of HK’s deteriorating fiscal position after 15 years
Aging population and social spending are the culprits.
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