Economy
Hong Kong GDP slows to disappointing 2.5%
Poor export performance is to blame.
HK’s real GDP expands by 2.5%
It’s mainly driven by domestic demand.
Hong Kong SMEs turning less optimistic on business outlook
Here are their top worries.
Hong Kong's export growth on the mend
It jumped to 3.4% in March.
Consumer prices crept up 3.9%
Here are yoy price increases.
Current account surplus to widen to 3.5% for next 2 years
Trade balance will still be deficit.
2013 budget hit record surplus of 0.6% of GDP
Expenditure was lower than expected.
HK market volatility to bear the brunt if US tightens monetary policy
Growth prospects still hinged on US, PRC.
Foreign currency assets hit US$316.8m by end-March
It jumped US$9 billion.
HK economy grows steadily at 2.9%
It is bolstered by private consumption.
Net service exports soar 33%
All thanks to economic recovery.
Rent, food costs push CPI inflation to 4.3%
This is despite cooling of property market.
ADB forecasts steady growth of 3.5-3.6% for next two years
China economy expected to boost opportunities.
ADB warns of HK’s deteriorating fiscal position after 15 years
Aging population and social spending are the culprits.
Government expenditure hit $388.3b
Surplus reached $31.8b in February.
Hong Kong inflation dropped to 3.9%
Prices continue to moderate.
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