In Focus

Five key growth areas seen by new financial council

Financial Services Development Council also discusses three-year work plan.

Hong Kong to build 75,000 flats

Government to buy more land and re-zone others.

Rents at Central drop in 2012

Less expensive locations take business away from Central, the world’s most expensive place to lease office space.

Record number of companies in Hong Kong

Number exceeds one million for the first time.

Office spaces' new investor darling

After parking lots come office and business spaces.

Hong Kong PMI drops in December

Slowing down of business with the mainland cited as cause.

Hong Kong will be leading global offshore renminbi trading hub in 2013

China's campaign to internationalize the renminbi will benefit Hong Kong immensely.

New travel pass being issued

Application for new pass starts January 2.

Multinationals upbeat about Hong Kong future

Almost half of multinational corporations expect a better 2013.

Bankers protest tough IPO rules

Warn that proposed rules could choke-off investment into Hong Kong.

Minimum wage to increase on May 1, 2013

Hourly salaries to rise by HK$30.00.

Gloomy new year for Hong Kong

Only 6 in 10 small businesses owners see growth in 2013.