Economy
Hong Kong loses to Singapore as top APAC location for startups
Hong Kong loses to Singapore as top APAC location for startups
Business costs are more expensive in the Asian financial centre than the lion city.
Hong Kong is home to seven in 50 of Asia's multi-millionaires
There are 5,140 individuals in Hong Kong and China worth over US$50m.
HKC files protest over 23.6% steel and aluminum tariff hike
It fears that a hefty tariff might prompt a trade war later on.
Why Hong Kong listed company culture isn't fit for the future
The dominance of the large, listed companies so long at the heart of Hong Kong’s economic and business culture is under threat, challenged by the...
Total port cargo throughput up 9.7% to 281.5m tonnes in 2017
Inward load from Mainland China, Malaysia and Singapore boosted year-end figures.
Economic growth slows to 2.7% as Shenzen claims dominance over Greater Bay Area
The former fishing village surpassed Hong Kong after its GDP hit $2.72t in 2017.
Tencent CEO calls for ID link between Hong Kong and Chinese citizens
Ma Huateng believes it will enhance trade in the region.
Exports rose 18.1% to $350b in January
Significant trade increases were registered in Taiwan, the Mainland and Vietnam.
How will Hong Kong profit from a purpose-driven economy?
How do we make sure we have an education system that is welcoming for all? Hong Kong’s landfills will be out of space by 2020 – what will we do with...
Hong Kong drowning in cash as surplus hits 8.6% of GDP in Q3
PwC estimates fiscal surplus to hit $168b – ten times than the original government estimate.
Inflation up 1.7% in January
The price of utilities like electricity, gas and water spiked significantly by 10.2%.
Hong Kong to eat Shenzen's dust by 2018
Slowing trade and high labour costs is dragging Hong Kong’s competitiveness.
Hong Kong's staggering surplus earmarked for ageing population
Senior citizens are expected to account for 26.4% of the population by 2036.
Population inched up 0.4% in 2017 as residents migrate and age rapidly
The expansion was the slowest in seven years.
Exports up 3.8% in December
Total year-end export volume to India ballooned to 69%.
Hong Kong dollar's resilience is pegged to positive investor sentiment
Only a massive and sudden capital outflow can break the currency board’s strength.
Private consumption growth expected to weaken to 3.5% amidst inflation pickup
This will likely result in limited purchasing power for Hong Kong consumers.
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