Economy
Hong Kong records $16B trade deficit
Hong Kong recorded a trade deficit of 16 billion Hong Kong dollars in January.
Hong Kong records $16B trade deficit
Hong Kong recorded a trade deficit of 16 billion Hong Kong dollars in January.
Mercer welcomes new budget measures but recognises opportunities missed
Careful thought is required to maximize value from the recent Hong Kong budget measures to improve retirement savings and healthcare.
High 2010 economic growth pushed 2010-2011 surplus estimate to $140.5bn
The surplus is over six times the government's original estimate of 0.8 percent.
Inflation may soar to 4.5% in 2011
Although economic growth could hit 5% this year after expanding 6.8% last year, the Government should focus on "fighting inflation".
Challenges abound, but do the measures add up?: PwC
We believe that a comprehensive and orchestrated policy must be developed by the Government.
Inflation concern overshadows 6.8% economic growth in 2010
Rising inflation looms as a major issue to tackle in 2011, said Financial Secretary John Tsang.
HK compassionate budget needs more relief for middle-class and SMEs
Deloitte had called for a 150% deduction (up from 100%) on office rental expenses for SMEs.
HK budget highlights economic development
Hong Kong's top financial official proposed measures to smooth further economic development while curbing foreseeable inflation and property bubbles...
GDP may have increased 6.6% in 2010
4Q 2010 GDP is projected to have advanced 5.0% y-o-y compared with 6.8% for 3Q10.
Composite inflation jumped 3.5% in January 2011
Overall consumer prices rose 3.6% in January over a year earlier, higher than December's corresponding increase of 3.1%, the Census & Statistics...
Moody's: China fuels Hong Kong's growth
Moody's ascribes the strength of growth in many Asian economies in recent years to the benefits of increased integration with China.
Surplus of $60bn to $80bn may be achieved for the full FY2011
Most if not all of the to-be reported FY11 surplus could be viewed as a windfall ready to be saved or spent.
HK government mulls better credit rating rules
The government also plans to amend capital requirements for corporations licensed for Type 10 regulatory activity and connected matters.
Hong Kong GDP might have grown 6.6% in 2010
GDP for the last quarter of 2010 might have grown 5.0% year-on-year.
Hong Kong population rose 0.9% in 2010
There were 6,885,300 usual residents and 212,300 mobile residents in the past year.
Hong Kong 2010 exports up 18%
The prices of total goods exports rose 4.7% while the prices of goods imports went up 6.4%.
Hong Kong credit card receivables up 12% to $87.5bn
Year-end spending and payment of salaries tax boosted credit card use.
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