Economy
Asia business sentiment spikes to its highest level in two years
Thanks to supportive political changes.
Hong Kong's total goods exports dipped 1.9% in April
Imports crept up by 1.6%.
Gross national income inched up 3.5% to $537.3b in 1Q14
GDP also jumped 4.6%.
Employment growth remains miniscule at almost 0%
Job cuts in finance are the culprits.
Private consumption drops to measly 2%
It’s going to fall further.
Account surplus reach HKD47.6b
It is swinging back.
Exports falls to 0.7% in Q1
But there’s still hope.
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.
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