In Focus
Hong Kong posts a balance of payments surplus
Hong Kong recorded a $48.2 billion surplus in its balance of payments account in the first quarter of 2012, said the Census & Statistics Department.
Hong Kong posts a balance of payments surplus
Hong Kong recorded a $48.2 billion surplus in its balance of payments account in the first quarter of 2012, said the Census & Statistics Department.
Lower inflation and lower economic growth in store for Hong Kong
The Census & Statistics Department forecasts lower inflation in the coming months along with the relatively slow expansion of Hong Kong’s economy.
Hong Kong is IPO capital no more
Hong Kong tumbles from top IPO destination to seventh in just six short months.
Hong Kong and Mexico sign agreement vs. double taxation
The new comprehensive double taxation agreement gives Hong Kong a number of key advantages.
Deutsche Bank foresees 20% drop in Hong Kong property prices
Hong Kong’s property market is normalizing and should see welcome reductions in high property prices.
Hong Kong enacts competition law
Hong Kong has its first law against anti-competitive conduct after a decade of trying but doubts persist about the law’s effectiveness.
HKEx buys the London Metal Exchange
A historic deal will see Hong Kong Exchanges and Clearing Ltd attain a long-sought aim of diversifying into commodities.
Hong Kong employers resist more paternity leave days
Hong Kong’s employers claim that paid paternity leave is a key reason for Europe’s massive economic woes today.
Contractors' commissioned projects up by 15.9%
Private residential building projects were the main contributors in the construction work increase.
Hong Kong in peril from twin looming dangers
The collapse of its services industry and a substantial drop in demand from Asia are the greatest dangers faced by Hong Kong.
China Construction Bank sees strong growth in yuan loans
The Hong Kong branch of state-owned China Construction Bank Corporation plans to double its yuan-denominated assets.
Rents in New Territories up 31%
The area outdid both Hong Kong Island and Kowloon in terms of rental hike.
Hong Kong no.1 in World Competitiveness Rankings
Hong Kong tops the annual survey measuring how well countries manage their economic and human resources.
Hong Kong pushes iBonds for retail bond market growth
Hong Kong next week will launch another “iBond,” or inflation-linked retail bond for subscription by residents.
More residential housing to be built
Some 5,000 flats are expected to be built on land to be released by the third quarter.
Residents drive passenger traffic growth in HKIA
Hong Kong residents are traveling more, registering a 16% YoY growth.
Financial Dispute Resolution Centre to be organised
Tougher rules are also in store for Hong Kong’s financial institutions.
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