Economic History of Ireland

Tourism and building to power HK jobs growth

Tourism and construction will lead a surge in the number of workers in the next six years, a government manpower projection has predicted.

Friday, 10 February, 2012, 12:00am

Spending on food falls but mainlanders keep HK hot

Hongkongers spent less on fresh and frozen food in September as prices soared for fish, livestock and poultry. But expensive goods like electronics and jewellery were still hot items among mainland tourists.

2 Nov 2011 - 12:00am

War footing hits economic outlook

With US and allied troops gathering in the Gulf for a potential invasion of Iraq, China's State Economic and Trade Commission has issued a warning that global instability will contribute to a slowing of the nation's economy this year.

9 Jan 2003 - 12:00am

Europe, US demand can determine pick-up pace

This column normally features optimism about an early Asian recovery but the pessimists have some good arguments to present too and one of them is worth considering.

21 Oct 1998 - 12:00am

Tax changes knock foreign capital flow

China's utilised foreign investment in the first quarter has fallen for the first time on a year-on-year basis in recent years.

The 5 per cent fall was largely because Beijing's taxation policy changes last year ended some important tax breaks for foreign investors, the State Statistical Bureau and economists said.

20 May 1997 - 12:00am

Mainland slowdown cuts HK export rate

A SLOWDOWN in China resulted in real export growth for Hong Kong of just nine per cent in the fourth quarter of last year compared with the same period in 1992 - less than half the rate in the first quarter of last year.

But the economy posted solid growth of 5.5 per cent in the quarter although some economists were concerned about inflationary pressures.

10 May 1994 - 12:00am

UK pound expected to sink to record low

THE British pound last night dropped through the psychologically important 2.4 deutschemark level on heavy selling from New York and traders expected it to fall soon to its record low at 2.3675 marks.

It hit that level on October 5.

28 Jan 1993 - 12:00am