Economy

Hong Kong's private home prices experienced a sharper decline in July, marking the third consecutive month of decreases.

posted on 28.08.2024

Economy

Hong Kong’s economy maintained its growth in the second quarter of 2024, with real GDP increasing by 3.3% year-on-year.

posted on 19.08.2024

Economy

Hong Kong’s architectural industry has called on the government to expedite public projects to prevent the sector from contracting, cautioning that multiple unsuccessful land bids have led some companies to lay off workers or put employees on unpaid leave.

posted on 14.08.2024

Economy

Hong Kong plans to broaden its market reach in the second half of this year to strengthen connections with investors in Europe, the United States, Australia, and the Middle East

posted on 06.08.2024

Economy

Official data shows that Hong Kong welcomed 21 million visitors in the first half of 2024, marking a 64% year-on-year increase. However, visitors spent fewer nights than in 2023.

posted on 16.07.2024

Economy

Hong Kong rose two positions to fifth in an annual global ranking of the world's most competitive economies, boosted by improved economic performance, which contributed to its rise in the standings.

posted on 19.06.2024

Economy

Hong Kong’s economy grew 2.7% in Q1 compared to the year before, according to the government on Friday, with tourism and key business and entertainment events set to boost growth for the remainder of the year.

posted on 20.05.2024

Economy

The tourism sector in Hong Kong is upbeat over their business prospects during the Labour Day' golden week' holiday in China.

posted on 17.04.2024

Economy

On Thursday, the Hong Kong Monetary Authority (HKMA) opted to maintain its overnight discount window base rate at 5.75%, aligning with the decision of the US Federal Reserve to keep interest rates steady.

posted on 21.03.2024

Economy

The population of Hong Kong increased 0.4% to 7.5 million in 2023, according to the government, boosted by a net inflow of returning residents and those on residential schemes.

posted on 21.02.2024

Economy

The Hong Kong economy grew at a slower-than-forecast pace in 2023, highlighting the challenges to the city’s post-Covid recovery as growth is impacted by the slowdown in China and higher interest rates overseas.

posted on 01.02.2024