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  1. News - Hong Kong - ECONOMY

    Innovate or fall behind, Beijing official tells Hong Kong

    Posted Sep 10th 2013, 12:00am by Tony Cheung

    ... the Hong Kong government to strengthen higher education and innovation, and in particular to raise the quality of its research institutions and address the shortage of scientists and engineers. ... Beijing's top representative in Hong Kong has called on its leaders to do more to encourage innovation, saying a lack of creativity is holding back development. However, an academic said that while ...

    http://www.scmp.com/news/hong-kong/article/1307157/city-told-innovate-or-fall-behind
  2. News - Hong Kong - ECONOMY

    Labour woes will put brakes on growth

    Posted Oct 08th 2014, 04:52am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Economy forecast to expand at the slower annual rate of 3.3pc in the next five years as an ageing population means fewer workers Hong Kong's labour woes ... demand and increased market volatility as the US gears up for an interest rate rise. "In addition, political developments in Hong Kong have so far added uncertainty to earnings prospects ...

    http://www.scmp.com/news/hong-kong/article/1611624/labour-woes-will-put-brakes-growth
  3. News - Hong Kong - ECONOMY

    Hong Kong's third quarter GDP beats expectations; full-year target adjusted

    Posted Nov 14th 2014, 05:01pm by Amy Nip

    ... but Occupy blow seen Hong Kong's economy grew at a faster-than-expected 2.7 per cent pace in the third quarter, but uncertainty surrounding the Occupy protests prompted the government to revise ... on the mainland was a bigger factor than the Occupy protests in Hong Kong. "We expect the Occupy movement to drag down full-year economic growth by 0.4 per cent," he said. Andy Kwan Cheuk-chiu, ...

    http://www.scmp.com/news/hong-kong/article/1639814/hong-kongs-gdp-grew-more-expected-third-quarter
  4. News - Hong Kong - ECONOMY

    Launch of iPhone 6 sees Hong Kong retail sales rise by 4.8pc in September

    Posted Nov 03rd 2014, 07:47pm by Phila Siu

    ... sales increase by 4.8 pc The launch of the iPhone 6 pushed Hong Kong's overall retail sales in September up 4.8 per cent year on year, the biggest growth since January, although questions remain whether the momentum is sustainable. The Hong Kong Retail Management Association believed there would be either no growth or a decrease in sales for October. But an economist predicted ...

    http://www.scmp.com/news/hong-kong/article/1631278/retail-sales-well-year-year-september-thanks-iphone-6-launch
  5. News - Hong Kong - ECONOMY

    Bring in mainland to help technology innovation, says Hong Kong NPC deputy

    Posted Jan 05th 2013, 12:00am by Tony Cheung

    ... Tony Cheung tony.cheung@scmp.com New NPC deputy says Hong Kong should bring in talent from across border in effort to become leader in innovative technology 'Mainland can give city hi-tech edge' Hong Kong should develop its technological research and innovation sector by bringing in mainland talents, according to David Wong Yau-kar, a newly elected local deputy ...

    http://www.scmp.com/news/hong-kong/article/1120062/bring-mainland-help-technology-innovation-says-hong-kong-npc-deputy
  6. Business - Economy - ECONOMY

    China's central bank surprises markets with lending rate cut to 5.6 per cent

    Posted Nov 21st 2014, 06:58pm by DON WEINLAND

    ... the safety of state borrowers, which were implicitly guaranteed by the government, said Raymond Yeung, an economist at ANZ Bank in Hong Kong. "I don't think this rate cut will have ...

    http://www.scmp.com/business/economy/article/1645562/peoples-bank-china-cuts-interest-rates-lift-sagging-economy
  7. Property - International - ECONOMY

    Hong Kong investors to turn Cadbury's Birmingham HQ into flats

    Posted Oct 11th 2014, 03:18am by JING YANG

    ... brand of chocolates, among others, was said to have been invented. Now a consortium of Hong Kong and Macau investors is investing £16m (HK$199 million) to turn into an apartment complex. Hong Kong-based Headland Developments and Birmingham-based Court Collaboration have formed a joint venture representing the investors to convert the 74,000 sq ft Franklin House in Birmingham into 96 one- ...

    http://www.scmp.com/property/international/article/1614086/hong-kong-investors-turn-cadburys-birmingham-hq-flats
  8. News - Hong Kong - ECONOMY

    Hong Kong's GDP growth outlook revised down to 2.2pc

    Posted Oct 09th 2014, 04:02am by ELIZABETH CHEUNG

    ... of Hong Kong has downgraded its GDP growth forecast for the city from 3.4 per cent to 2.2 per cent for the year. It comes as consumer confidence continues to fall, with the latest index showing Hong Kong still lagging behind the mainland, Macau and Taiwan. In a report released yesterday, HKU researchers said the economy was expected to grow at a more modest rate due to the low ...

    http://www.scmp.com/news/hong-kong/article/1612304/hong-kongs-gdp-growth-outlook-revised-down-22pc
  9. Business - Economy - ECONOMY

    Hong Kong urged to bolster trade and logistics sector

    Posted Oct 03rd 2014, 10:56am by JING YANG

    ... trade and logistics industries Hong Kong has been urged to shore up the city's trade and logistics sector, with industry figures taking aim at issues including a lack of land ... cannot be properly channelled under the current [THB] structure with the largely Hong Kong livelihood-centric focus [in public housing and mass transportation]," the committee said ...

    http://www.scmp.com/business/economy/article/1608745/hong-kong-urged-bolster-trade-and-logistics-sector
  10. News - Hong Kong - ECONOMY

    Beijing, not Occupy, threatens the rule of law, says Canadian think tank

    Posted Nov 07th 2014, 06:30am by NG KANG-CHUNG

    ... think tank says. The Fraser Institute has consistently ranked Hong Kong top in its Economic Freedom of the World index. But the city's justice chief warned earlier this year ... harm the rule of law. "Non-violent civil disobedience has been used by many people so many times to gain rights and push forward the course of freedom," McMahon said in Hong Kong ...

    http://www.scmp.com/news/hong-kong/article/1633738/beijing-not-occupy-threatens-rule-law-says-canadian-think-tank

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