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  • October 22, 2014
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  1. Tsang sings praises of economy

    Posted Dec 21st 2010, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung in Beijing Chief Executive Donald Tsang Yam-kuen yesterday sang the praises of Hong Kong and its administration as he began a four-day annual duty visit to Beijing. 'Over the past two years, Hong Kong has been affected by the financial tsunami. Fortunately the reforms we conducted after the 1998 Asian financial crisis enabled us to tackle the new crisis ...

  2. HSBC chief sees stable economy by year's end

    Posted May 20th 2009, 12:00am by Staff Reporter

    ... Maria Chan Hong Kong's economy is expected to contract this year but is likely to stabilise near the end of the year, according to Michael Geoghegan, the chief executive of HSBC Holdings. Mr Geoghegan told shareholders yesterday at the bank's informal shareholders' meeting in Hong Kong that the Asian economy remained resilient. Exports might struggle for a while, ...

  3. Mainland likely to lead rally as global economy recovers

    Posted Dec 15th 2009, 12:00am by Wilson Lau

    ... says Sally Wong, chief executive of Hong Kong Investment Funds Association. 'The job market, particularly in the United States and other developed economies, is still weak. Although credit ... best performer was Asia. The region achieved a median growth rate of 76.5 per cent, excluding Japan and the Hong Kong equity category,' says Patrick Li, head of MPF business at the Bank ...

  4. Hongkongers' gloom on the economy deepens

    Posted Oct 07th 2008, 12:00am by Paggie Leung

    ... reveal Hong Kong people are very pessimistic about the future,' the DAB said. 'The results show a sharp reverse in expectations on the future economy, due to inflation and the economic ... by the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB). The party said the index of consumer expectations- a measure of households' expectations about future economic conditions- ...

  5. Economy better than expected in first quarter

    Posted May 17th 2008, 12:00am by Ambrose Leung

    ... Ambrose Leung GDP grows 7.1pc; surging food costs see inflation hitting 4.9pc Hong Kong's economy performed better than expected in the first three months of the year, with gross ... that the devastating earthquake in Sichuan province would affect Hong Kong's economy by causing a slowdown of the mainland economy. 'China is a big country and it is unlikely the earthquake will have ...

  6. Like it or not, Hong Kong will stay shackled to the US dollar

    Posted Oct 27th 2010, 12:00am by Tom Holland

    ... economies' and declared that a repegging to the yuan 'should not be dismissed'. Meanwhile, in a poll conducted by Hong Kong-based website FinanceAsia.com, 68 per cent of respondents were ... as the mainland economy develops- would open up an asset-liability mismatch in the portfolios of Hong Kong's pension funds and insurers, potentially blowing a sizeable hole in the savings ...

  7. Economy feels better, but much still to be done

    Posted Aug 30th 2003, 12:00am by Staff Reporter

    ... The cautious optimism taking root in Hong Kong over the past few weeks has been justified by official figures suggesting a rebound in our economic fortunes is finally under way. Sars had an even more devastating impact than had been expected, causing GDP to drop 3.7 per cent in the second quarter over the first. But the post-Sars rebound began sooner - and has been more pronounced ...

  8. Hong Kong should be a world vaccine producer, not consumer

    Posted Oct 15th 2009, 12:00am by Staff Reporter

    ... time as the virus will eventually become resistant. Consequently, the world looks to vaccination as its main defence against this pandemic. The Hong Kong government's own pandemic plan ... to establish Hong Kong as a major vaccine producer and supplier. This should be done, not simply to protect us against this current threat of a swine flu pandemic but to implement the government's ...

  9. A pedigree sailing tour that still has eyes on Hong Kong

    Posted Aug 22nd 2010, 12:00am by Unus Alladin

    ... with pride and enthusiasm about the possibility of Hong Kong hosting a round of the World Match Racing Tour (WMRT), which is looking to expand in Asia and the Middle East in the near future, ... for Hong Kong to join before. But when the WMRT approached the Hong Kong authorities with a view to hosting a round here, they were turned down in favour of the Louis Vuitton Trophy. Now, after ...

  10. Hong Kong draws up swine flu battle plan

    Posted Apr 29th 2009, 12:00am by Ella Lee

    ... advisory against travel to Hong Kong helped devastate the local economy- that they did not work. WHO spokesman Gregory Hartl said temperature-screening at entry points was also ineffective ... Ng Yuk-hang and Ella Lee The health minister declared yesterday that Hong Kong was ready for the first local case of swine flu, saying all schools would be shut down and holiday camps used ...




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