Economy

How to be a millionaire before turning 40

How to be a millionaire before turning 40

A good friend had the ambition to become a millionaire before his 40th birthday, a common ambition in Hong Kong, and he was well underway until...

Ip and Lam appointed to ExCo

The appointments of Regina Ip and Jeffrey Lam as non-official members bring the Executive Council up to full strength.

Unemployment rate could rise by 50% in 2013

Find out what will fuel the nasty unemployment figures next year.

Chief Executive CY Leung to discuss Government reorganisation

The proposal will be talked about at the Legislative Council meeting on 17 October 2012.

Asian companies have developed-market companies fearing loss of market share

Blame it on the spike in overseas investment by Asian multinationals.

Fund for disadvantaged open for applications from October 15

Allocation of the fund for each approved proposal will be capped at $2 million.

More Hong Kong seniors aged over 65 becoming poor

The government will start setting a credible poverty line.

The key to getting the financial hub status

Find out more about Hong Kong's 'soft power'.

6 powerful people who enforced the power of legitimacy

The strategic structure of the appearance of legitimacy started in 1913 at Jekyll Island, Georgia; hence, the birth of the US Federal Reserve System...

Hong Kong home to 1,100 ultra rich

Hong Kong  ranked 15 amongst countries with most numbers of adults having USD50m+ worth of total assets.

Hong Kong amongst highly indebted

Debt per adult in Hong Kong is more than USD40,000 but a marked improvement from 2007 level.

HKU projects recession in 2013

Economists from the University of Hong Kong are warning that Hong Kong will fall into recession in 2013.

Chart: How Hong Kong exporters and the rest of the world got totally screwed

Hong Kong exports down by 1% to-date from a 25% growth in 2010.

Hong Kong foreign currency reserve assets edge up to US$301.2b

This represents 55% of the circulating Hong Kong dollar.

400,000 seniors to benefit from new living allowance

But hopefully the allowance will be approved by October 26.

How to qualify for the old age allowance of $2,200

Check out what it takes to get the allowance apart from being 65 years old and living in HK for at least 7 years.

Tsang to retain LegCo presidency

Pro-Beijing Jasper Tsang Yok-sing will retain his post as President of Hong Kong’s Legislative Council.