Economy

Registration for cash payout scheme commences

Those that digitally applied for the scheme before end-June will receive the cash by 8 July.

Registration for cash payout scheme commences

Those that digitally applied for the scheme before end-June will receive the cash by 8 July.

GNI contracted 7.1% to $679b in Q1

Investment income inflow and outflow both fell.

Business receipts post double-digit declines in Q1

Receipt values of tourism, convention, and exhibition services plunged 78.4% in Q1.

Hong Kong's rich brace for ‘worst-case scenario'

The wealthy are opening offshore bank accounts and eyeing overseas property.

Hong Kong's Possible Loss of Special Status Reiterates Singapore's Stability

Hong Kong has taken a series of unfavourable hits in the last year, their unfortunate magnitude clear to see for the watching eyes of the world. The...

Hong Kong is still the world's priciest market for expats

Currency movements measured against the US dollar drove up the cost of living.

PMI improves to 43.9 in May but business outlook remains bleak

Firms are still worried about the long-term effects of the pandemic.

Businesses adapt to the time of Corona

Hong Kong business leaders reveal how they are coping, and adapting, to the new environment.

Startup funding goes low key amidst COVID-19 and social unrest

The total value of startup deals hit $9.84b, a 39% YoY drop compared to last year.

Rich Chinese shun Hong Kong to seek asset safety elsewhere

Some are looking to move their offshore wealth base to Singapore and Switzerland.

SGX plunges to 17-year low as MSCI signs pact with HKEX

The move deals a blow to SGX, which considers the Hong Kong bourse one of its main rivals.

Inflation eases to 1.9% in April

This was partly attributed to a smaller climb in private house rents.

Exports down 3.7% in April

Exports in non-metallic mineral manufactures led the decline.

Unemployment rate widens to 5.2% in February-April

This is the highest figure recorded in over a decade.

Export volumes down 9.1% in Q1

Volumes to the US led the decline.

GDP contraction widens to 8.9% YoY in Q1

The decline is said to be the worst drop on record.

Hong Kong amongst the last to recover from COVID-19: analyst

The region will likely go back to its pre-COVID levels by Q1 2021.