• Wed
  • Sep 24, 2014
  • Updated: 11:52pm

Consumer Spending

Letters to the Editor, June 9, 2013

Hong Kong citizens are becoming increasingly involved in environmental issues. This is a welcome, healthy trend since if "Hong Kong is our home", as the authorities like to depict it, we have to take better care of it.

Sunday, 9 June, 2013, 9:22am

Chinese shoppers ready to go out and spend more

Optimism about job prospects and personal financial status helped keep confidence high among mainland consumers, who showed a greater willingness to spend in the first quarter, a survey has found.

23 May 2013 - 4:45am

Impact of Beijing's anti-sleaze campaign wildly exaggerated

Over the past couple of months, the media have been full of articles about how Beijing's latest anti-corruption campaign has dented consumer demand and even contributed to the slowdown in the mainland's overall economic growth.

23 May 2013 - 4:27am

Racking up miles on plastic

Air miles are a big part of credit card incentive schemes. People get points for spending, and if they manage their spending and pay their credit card bills each month, they can score a free trip to Thailand.

21 May 2013 - 6:31pm

Japan records 3.5pc growth in first quarter

Japan's economy expanded the most in a year in the past quarter as consumer spending and export gains outweighed the weakest business investment since the wake of the March 2011 earthquake and tsunami.

17 May 2013 - 2:48am

HKMA chief's household debt fears overblown

Let's look at some specifics here; for instance, that bit about rampant consumer spending, which so concerns Norman Chan Tak-lam, the chief executive of the Hong Kong Monetary Authority.

7 May 2013 - 3:56am 5 comments

Why the HKMA should fret over consumer debt

Only last week my esteemed colleague Jake van der Kamp was complaining that there is altogether too much consensus among the Business Post's columnists. Commentators are not meant to be a harmonious society.

Well, Jake, you've got your wish for a healthy dose of adversarial scrappiness, because today the back page is going to pick a fight with the front page.

7 May 2013 - 7:45am 7 comments

World's economies need US budget compromise

Barring a breakthrough like "grand bargains" of the past, Washington will implement US$85 billion in spending cuts by September and US$1.2 trillion in cuts over the next 10 years. Economists say this could trim US growth by more than 0.5 per cent this year, which is not good news for the rest of the world. Ironically, there is a bittersweet note to it, with good news on US manufacturing and consumer spending, which are key to global recovery.

4 Mar 2013 - 3:27am

Mainland Lunar New Year spending up 15 per cent

Ministry of Commerce figures show spending of 539 billion yuan (HK$665 billion) for the holiday period. Sales of groceries were up nearly 10 per cent, jewellery sales rose 38 per cent and garment sales rose more than 6 per cent, the ministry said.

17 Feb 2013 - 5:38am

Business Digest, February 1, 2013

German carmaker Daimler is planning to buy a 10-20 per cent stake in the passenger car unit of its Chinese partner BAIC Group.

1 Feb 2013 - 5:22am