|  NEWS

Economy

Hong Kong’s retail sales rose for a fifth straight month in April

April retail sales in Hong Kong increased 15% from the previous year, the fifth straight month of growth, due to ongoing improvement in consumer sentiment and tourist arrivals

Economy

Hong Kong GDP grows 2.7% in Q1

Chief Executive John Lee said that the Hong Kong economy grew 2.7% in Q1 to end four straight quarters of contraction.

Economy

Hong Kong hikes benchmark rate

The Hong Kong Monetary Authority (HKMA) increased its base rate by 25 basis points to 5.25% on Thursday after the US Federal Reserve announced a rate hike of the same margin.

Economy

Hong Kong’s retail sales rose for a fifth straight month in April

April retail sales in Hong Kong increased 15% from the previous year, the fifth straight month of growth, due to ongoing improvement in consumer sentiment and tourist arrivals

Economy

Hong Kong GDP grows 2.7% in Q1

Chief Executive John Lee said that the Hong Kong economy grew 2.7% in Q1 to end four straight quarters of contraction.

Economy

Hong Kong hikes benchmark rate

The Hong Kong Monetary Authority (HKMA) increased its base rate by 25 basis points to 5.25% on Thursday after the US Federal Reserve announced a rate hike of the same margin.

Economy

HK residents to receive electronic consumption vouchers in April

The Hong Kong government is set to distribute the first lot of electronic consumption vouchers worth HK$3,000 ($382) on 16th April and the second instalment of HK$2,000 three months later.

Economy

Hong Kong’s retail sales grow for second straight month

Retail sales in Hong Kong increased in January for the second consecutive month on improved consumer sentiment.

Economy

Hong Kong under "tremendous pressure" to rein in spending as deficit soars

Hong Kong is facing pressure to curb spending as it unveils the annual budget on Wednesday after accumulating massive fiscal deficits during the pandemic.

Economy

Hong Kong’s retail sales fall amid challenging outlook

According to the government on Wednesday, retail sales declined in Hong Kong in November, ending two consecutive months of growth.

Economy

Hong Kong economy “likely to gather steam”

The finance secretary for Hong Kong has stressed the need for more resources to accelerate economic recovery in the upcoming budget.

Economy

Hong Kong GDP could rise 7.6% on Covid reopening

As China lifts its Covid curbs and the economy reopens, the largest likely beneficiaries will be Hong Kong, Thailand and Singapore

Economy

Economists' lower HK growth forecasts

Hong Kong's economy will register a growth slowdown in 2023, more than previously forecast, according to economists.

Economy

Hong Kong economy contracts in Q3

According to government data, a 4.5% contraction was registered in Hong Kong's economy in Q3 compared to the year before

Economy

Hong Kong’s retail sales rose for a fifth straight month in April

April retail sales in Hong Kong increased 15% from the previous year, the fifth straight month of growth, due to ongoing improvement in consumer sentiment and tourist arrivals

Economy

Hong Kong GDP grows 2.7% in Q1

Chief Executive John Lee said that the Hong Kong economy grew 2.7% in Q1 to end four straight quarters of contraction.

Economy

Hong Kong hikes benchmark rate

The Hong Kong Monetary Authority (HKMA) increased its base rate by 25 basis points to 5.25% on Thursday after the US Federal Reserve announced a rate hike of the same margin.

Economy

HK residents to receive electronic consumption vouchers in April

The Hong Kong government is set to distribute the first lot of electronic consumption vouchers worth HK$3,000 ($382) on 16th April and the second instalment of HK$2,000 three months later.

Economy

Hong Kong’s retail sales grow for second straight month

Retail sales in Hong Kong increased in January for the second consecutive month on improved consumer sentiment.

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