News

Premium taxi groups slam government's franchised cabs plan

They fear that only cash-rich mainland investors will benefit.

Hong Kong's GDP growth to hit 2.5% in 2017

2017 headline CPI inflation is forecast to reach 1.9%.

Hong Kong government's deficit hit $1.4b in February

Expenditure was at $35.7b whilst revenue is at $34.3b.

Approved mortgage loans dropped 2.4% to $27.6b

Whilst the number of applications slipped 0.1%.

Tourist spending restrained in February

December rebound in luxury sales did not persist.

Hong Kong banks' loans to grow at a subdued rate of 3% in 2017

Strong expansion in credit activity is unlikely to be sustained.

How does China's underground bank crackdown impact Hong Kong's remittance services?

Faster outlflows to Hong Kong is expected as clampdown fears escalate.

55% of Hong Kong CFOs say skills shortage is top concern

And 34% say increased demand from stakeholders will also be a challenge.

Cathay Pacific to offer 14 new destinations following agreement with Lufthansa Group

CX will codeshare on flights operated by Lufthansa, Swiss and Austrian Airlines.

Here are the key economic concerns that continue to haunt Hong Kong

The territory will still suffer from the mainland's structural problems.

Average wage rate in Hong Kong rises 3.6%

Almost 7 in 10 firms reported average salary rate hikes.