In Focus
Hong Kong generally optimistic on economy
Hong Kong generally optimistic on economy
85% of Hong Kong respondents in the survey expect it to register growth in GDP for the year.
Asia Pacific employers eye reshaping talent programs as economy grows
Despite need to change, organizations lack confidence in their ability to measure talent management decisions and investments.
Fitch upgrades Hong Kong's rating to AA+
Fitch's decision deemed as acknowledgement of Hong Kong's economic strength and its success in weathering international financial crisis.
Hong Kong upbeat on positive IMF forecast
Despite projected 6.75% economic growth, HK remains vigilant and continue to deal with the challenges that monetary policies in the developed economies present.
Late and default business payment stabilising
70% of enterprises finding financing easier to obtain despite caution on rising materials cost and deteriorating payment performance within the clothing and electronic industries.
Hope on the horizon for Hong Kong’s lethargic job market
Hong Kong's unemployment rate might have held steady at 4.2% for the three-month period to October, but HSBC says the headline number hides more positive signs of structural improvements.
HK still far out of financial danger
CE Tsang is concerned on the impact of the US’ second round of quantitative easing on Asian economies.
IT professionals see employees to shop more online at work
Shopping online for more than 3 hours this holiday season expected to pose security risks to companies.
Asian asset managers list 2 new Hang Seng China Enterprises Index-linked funds
Harvest Fund Management and Nikko Asset Management issue H-Shares Index funds in Shenzhen and Tokyo bourses respectively.
Hong Kong economy seen to grow by 5.7%
Yet growth expected to ease on as global economy decelerates while assets will heat up.
October building sales registration down 11.7%
Yet the number of searches of land registers made during the month was 518,029 up 6.1%.
Exchange Fund yields $74bln in third quarter
Yet the Monetary Authority expects a lower income from the bonds market in the fourth quarter.
September total exports up 24% to $280.2bln
A trade deficit of $24.4bln, equivalent to 8% of the value of imports of goods, was recorded in September.
US quantitative easing seen to boost HK asset prices
Yet HK chief executive’s address offered very few measures in curbing near-term property price advances.
Taiwan travellers avail easy entry to Hong Kong
70% are eligible to apply for entry permits for Taiwan under streamlined measures implemented last month.
More renminbi bonds to be issued in Hong Kong
ADB and World Bank’s top quality bonds issuance demonstrates importance of HK as renminbi bond market.
Hong Kong to add $1bln to support SMEs
Ties with the Mainland and Taiwan are also strengthened to further bolster small enterprises.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong