Economy

Donald Tsang proposes visa-free access to US

Donald Tsang proposes visa-free access to US

US Secretary of State Hillary Clinton reportedly reacted positively to the suggestion.

Hopes rise as Japan’s economy grows 6% in 3Q11

Exports rose strongly by 27.4%, boosted by the supply restoration in the manufacturing sector.

October Exchange Fund foreign assets up $38.4bn

Foreign liabilities amounted to $400mn.

Visa-free access to US proposed

Chief Executive Donald Tsang has asked the US to grant visa-free access to Hong Kong SAR passport holders.

Amended classification for import and export declarations to take effect in 2012

The Customs and Excise Department reminded that import and export declarations for shipments on or after January 1, 2012, must be completed in...

Hong Kong's economy forecast to grow 5% for 2011

Government economist Helen Chan reported a 4.3% YoY growth in the third quarter.

Hu reaffirms support to Hong Kong's stability, prosperity

The central government of China would spare no effort to maintain Hong Hong's economic stability and prosperity, said Chinese President Hu Jintao...

Hong Kong's GDP may have grown 4% in 3Q11

It's a close call as the country may have narrowly missed a technical recession.

Malaysia’s GDP may have grown 4.4% in 3Q11

As the manufacturing sector expanded 3.2% in the months of July and August.

Hong Kong domestic exports plunge 36%

The prices of goods re-exports rose 8.2% over the same period in 2010, while those of domestic exports rose 6.8%.

Women are taking over Asia

On the 31st of October 2011, the 7th Billion World citizen was born. Chances are high that this baby will open its eyes in Asia, as Asia contains 60%...

Malaysia’s industrial production may have risen 2.3% in September

As the country’s strong commodities have offset the poorer performance of its electronics sector.

Christmas season boosts Taiwan exports by 11.7% in October

However, when stripping out the seasonal factors, the value of exports actually slipped 0.5% from September.

China’s inflation may have dipped to 5.8% in October

And the country’s exports are expected to have declined further to 15% in October from 17.1% in September.

Foreign currency reserve assets gain US$4.1b

It has reached US$281.7 billion at the end of October.

Economic uncertainty likely to persist, warns John Tsang

The Financial Secretary said Hong Kong must keep up vigilance against possible external shocks.

HK further promotes IT innovation with science park

Hong Kong introduced a number of measures on both the hardware and software fronts to support its growth, said Secretary for Commerce and Economic...