Economy
Hong Kong economy grew at the slowest pace in 2Q12 since 2008
The economic growth forecast has then been reduced to 1% to 2% for the year.
Hong Kong economy grew at the slowest pace in 2Q12 since 2008
The economic growth forecast has then been reduced to 1% to 2% for the year.
Mong Kok preservation project underway
The Lands Department has announced the resumption of land for the implementation of a preservation and revitalisation project on Shanghai and Argyle...
Hutchison badly hit by global business downturn
Hutchison Whampoa eported a massive 78% drop in net profit for the first half of the year.
Loan growth remains weak in Hong Kong
Loans inched forward at the tepid pace of 1.5% in the second quarter reflecting the economic slowdown gripping Hong Kong.
Older population in 2041 a threat to Hong Kong’s prosperity
People aged 65 and over is projected to rise from 13% in 2011 to 30% in 2041.
Renminbi accounts to be available to non-HK residents
Renminbi services will be available to them from August 1.
Go to Hong Kong, Taiwanese businessmen urged
Hong Kong is the ideal gateway for Taiwanese entrepreneurs looking to go global and its corporate tax rate is up to 16.5% lower than Taiwan’s.
Inflation slows to 3.7% in June from May
The government expects a further easing of the inflation rate in the coming months due to the difficult external economic environment and lower...
Exports and imports fall from January to May
The volume of Hong Kong's goods re-exports fell 3.3% while that of domestic exports fell 24%.
Insurance faces positive growth prospects
Commissioner of Insurance Annie Choi said the renminbi business is among the growth engines for Hong Kong’s insurance industry.
SFC tackles investor risks
The Securities & Futures Commission warns investors to consider risks that may affect their ROI before making a commitment.
Business firms expect worse Q3
About 19% of Hong Kong firms don’t expect their business situation in Q3 to be better than Q2.
Hong Kong to implement trade fee cut
The city will halve its import and export declaration charges to cut the cost of doing business, the Commerce & Economic Development Bureau said.
Hong Kong visitors flock to the Mainland
Hong Kong residents are visiting the Mainland mostly on business and spent some $35.6 billion there in 2011.
More consumer protection in new law
A bill imposing tougher penalties on rogue traders who prey on consumers could be implemented by 2013.
Registered firms in Hong Kong reach close to 1 million
The total number of active local companies registered in Hong Kong rose 4% to 997,750 at the end of June.
Dickens to stay on at HKEx
Mark Dickens, Head of Listing at the Hong Kong Exchanges & Clearing, will stay at his job until July 2013.
Read Here
Advertise
Sign Up
