Economy

Hong Kong’s economic growth could slip further

Hong Kong’s economic growth could slip further

Hong Kong’s economy grew 5% in 2011, which was lower than the previous year's 6.8%.

Fiat currency solution

The only solution is to allow the volume of money to be determined entirely by free-market forces.

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.

Total exports, imports up

The values of Hong Kong's total merchandise exports and imports recorded year-on-year increases of 5.6% and 5% in April, the Census & Statistics...

Financial Dispute Resolution Centre to be organised

Tougher rules are also in store for Hong Kong’s financial institutions.

Exchange Fund rises on equities

Equities boost the Exchange Fund to $43.8 billion in the first quarter this year.

Hong Kong banks susceptible to massive Eurozone recession

A severe credit crunch could hammer Hong Kong’s banks and those in Singapore should there be a huge jump in non-performing loans.

Proposed revision in banking rules to make Hong Kong more competitive

Hong Kong begins a process of updating its Banking Ordinance on May 23.

Hong Kong looks for ways to increase land supply and homes

With land either too pricey or in short supply, Hong Kong faces continuing unrest from citizens increasingly unable to own homes.

Hong Kong committed to developing science and technology

Hong Kong’s unique advantages make it indispensable to China.

Credit card receivables down; delinquencies up

A drop in spending and a rise in delinquencies were experienced by Hong Kong in the first quarter this year.

Pay hikes in store for government ministers

A proposed pay increase for Hong Kong’s government ministers is quite generous.

Hong Kong promotes renminbi business in Japan

The Hong Kong Monetary Authority and Trade Development Council have held a seminar in Tokyo promoting Hong Kong’s renminbi business.

Gregory So in Japan to promote Hong Kong

Secretary for Commerce & Economic Development Gregory So is in Japan for a five day visit to promote Hong Kong.

Tsang arrives in Taipei

Financial Secretary John Tsang is in Taipei as head of a delegation that officiated at the opening of the Hong Kong Economic, Trade & Cultural Office...