Economy
Hong Kong inks custom pact with Fiji
Hong Kong inks custom pact with Fiji
It aims to boost cooperation in law enforcement and facilitate trade.
Export growth slows 4.5% to $375b in September amidst typhoon and trade woes
This comes from a 13.1% expansion in August.
Inflation picks up pace at 2.7% in September
The increase in food prices hit 5.1%.
Hong Kong trails behind Singapore in economic competitiveness
The SAR needs to work on its innovation capabilities.
Hong Kong inks meteorological pact to strengthen disaster preparedness
It will collaborate with the World Meteorological Organisation.
PMI drops to 47.9 in September as trade tensions bite hard
New business to China dropped sharply.
Exports weather through trade woes after rising 13.1% to $376.3b in August
This extends a 10% growth recorded in July.
Hong Kong retains title as world's freest economy
The SAR ranked top in international trade freedom and regulation.
Inflation slips to 2.3% in August
The increase in food prices hit 4.5%.
Government expands insurance benefits for struggling exporters squeezed by trade war
Premium discount on Small Business Policy holders will be hiked from 20% to 30%.
Trade jitters and bearish equities weigh heavily on Hong Kong's 2019 GDP growth forecast
The economy is poised to grind to a halt at 3% in 2019 from 4.7% in Q1.
Hong Kong joins Australia and Canada as world's riskiest housing markets
Household debt accounts for nearly half of the SAR’s GDP.
Hong Kong is the world's third most attractive financial center as Asia outperforms weakening Europe
The SAR is set to pounce on London who’s been losing luster due to Brexit.
Accommodation and retail sectors lead Q2 charge in business receipts
They booked double-digit growth at 16.5% and 12.4% respectively.
Hong Kong dislodges New York as home to the largest ultra-rich population in the world
There are around 10,010 people in the SAR with a net worth of over $30m in 2017.
PMI hits 48.5 in August as demand dries up
Business confidence plunged to a near two-year low.
Exports recover after surging 10% to $359.1b in July
This comes from a mere 3.3% export growth in June.