Economy

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

posted on 02.06.2023

Economy

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

posted on 02.05.2023

Economy

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.

posted on 23.03.2023

Economy

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.

posted on 13.03.2023

Economy

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

posted on 03.03.2023

Economy

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

posted on 21.02.2023

Economy

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

posted on 05.01.2023

Economy

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

posted on 19.12.2022

Economy

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

posted on 12.12.2022

Economy

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

posted on 18.11.2022

Economy

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

posted on 14.11.2022