Economy

PMI hits 48.4 in February as demand and output sink

Output dropped for the eleventh straight month.

GDP growth may moderate to 2.2% in 2019 amidst cautious business sentiment: analyst

Q4 2018’s slower GDP growth was mainly driven by a significant drop in fixed investment growth to -5.4% YoY.

Hong Kong's 2018 budget surplus dropped 57% to $58.7b

This was partly blamed to weakened revenues of land premium and stamp duties.

GDP growth grinds to a halt at 1.5% in Q4

It was significantly lower compared to the 3.7% increase in the first three quarters.

Half of Hong Kong adults struggle to make investment decisions: poll

Respondents lament small wages and overspending in meeting their financial goals.

PMI hits 48.2 in January as trade war gloom persists

This is the tenth consecutive month of deterioating private business conditions.

Trade war could hit half a percentage point of Hong Kong GDP: official

Higher tariffs will hit consumers right in the pocket.

Goods and services complaints up 5% in 2018

Vaccination grievances climbed four times amidst the inadequate supply of the HPV vaccine.

Hong Kong retains crown as world's freest economy

The SAR had stellar scores in trade and monetary freedom.

Inflation dips to 2.5% in December

The growth in food prices hit 3.8%.

Hong Kong dislodged as home to the world's largest super-rich population in 2018

New York reclaimed the crown as the trade dispute hammered the SAR.

Government mulls ban on e-cigarette sales

It is aiming to reduce smoking prevalence from the current 10% to 7.8% by 2025.

Hong Kong minimum wage to rise 8.7% $37.50 in May

It's the biggest increase since the scheme was introduced in 2011.

PMI hits 48 in December as demand sinks

Vendor performance has deteriorated for 20 months.