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Impacts on Export Could Become More Apparent amid Trade Conflicts Continue

28 Sept 2018

According to the external merchandise trade statistics, value of total exports of goods in July 2018 increased by 10.0% over a year earlier to HK$359.1 billion, after a yoy increase of 3.3% in June 20...Read More


Policyholder Survey – Prudent Business Outlook while Cost Pressure Increased

28 Sept 2018

Between June to August 2018, the HKECIC interviewed 423 policyholders on the challenges ahead and their business outlook. The survey showed that policyholders continued to expect business could be ben...Read More


The Philippines: Robust Domestic Demand drives Economic Growth

28 Sept 2018

The Philippine economy posted solid growth in recent years, aided by strong domestic demand thanks to increasing urbanisation, growing middle-income class and large and young population. Private consu...Read More


Singapore: Highly Dependent on International Trade

28 Sept 2018

Singapore's economy performed better than expected in 2017 with a GDP growth of 3.6% driven by stronger external demand particularly in semiconductor exports. For 2018, economic growth is expected to ...Read More


Bangladesh: Insufficient Infrastructure Remains the Bottleneck of Economic Growth

28 Sept 2018

Bangladesh has consistently maintained economic growth of over 6% over the past decade, making it one of the world’s fastest-growing economies. Bangladesh is world’s second-biggest garment exporter. G...Read More


Stable Export Growth amid External Environment Continues to Fluctuate

29 June 2018

According to the external merchandise trade statistics released by the Census and Statistics Department, the value of total exports of goods in April 2018 increased by 8.1% over a year earlier to HK$3...Read More


Policyholder Survey – Positive Economic Outlook while Concerns on Credit Risks Remained

29 June 2018

HKECIC’s recent survey showed that policyholders are expecting business could be benefited from the improving global economy. Nevertheless, rising credit risks and decreasing orders are still the main...Read More


Israel: Booming High-Technology Sector

29 June 2018

Israel has a market economy with a thriving high-technology sector, which accounts for more than 40% of total manufacturing exports. The development of industries such as life sciences and water techn...Read More


Russia: Tensions with the West Remains

29 June 2018

Russia is a major exporter of crude oil, petroleum products, and natural gas. Sales of these fuels account for 60% of Russia's total export revenue and the hydrocarbon sector contributed to half of th...Read More


South Africa: Policy and Political Uncertainty Constrains Economic Growth

29 June 2018

After recording the slowest growth in 2016, the South African economy has been heading in a stronger direction, grew by 1.3% in 2017, exceeding National Treasury’s expectation of 1.0% growth. It is ex...Read More


Strengthened Global Demand while Exports to Asia Grow Solidly

29 March 2018

According to the external merchandise trade statistics released by the Census and Statistics Department of the Hong Kong SAR Government, the value of total exports of goods in January 2018 increased b...Read More


Policyholder Survey – Prospect Opportunities in Mainland Markets amid Conservative Export Business Outlook

29 March 2018

Between December 2017 and February 2018, the HKECIC interviewed 443 policyholders on the challenges ahead and their business outlook. All these policyholders are from industries including clothing, el...Read More


Republic of Korea: New Fiscal and Monetary Support to Stimulate Economy

29 March 2018

South Korea is an export-oriented economy. It is heavily dependent on imports of raw materials and exports of goods such as cars and phones. Economic growth has been sluggish since 2012 due to subdued...Read More


Malaysia: Momentum Builds up for Higher Growth

29 March 2018

Malaysia’s economy is highly open to international trade. Major exports include electrical appliances, electronic parts and components, oil and gas, palm oil and rubber, accounting for roughly 70% of ...Read More


India: More Prominent Role in the World

29 March 2018

India’s real GDP grew by 7.1% in FY2016-17 (April 2016-March 2017), predominately driven by private consumption and government expenditure, as the world’s fastest growing major economy. Gross-fixed in...Read More


Steady Growth of Global Economy Continues to Support Export Performance

29 Dec 2017

According to the external merchandise trade statistics, the value of total exports of goods in October increased by 6.7% over a year earlier to HK$334.7 billion, after a year-on-year increase of 9.4% ...Read More


Policyholder Survey – Increasing Credit Risks despite Restored Confidence in Emerging Markets

29 Dec 2017

Between September and November 2017, the HKECIC interviewed 498 policyholders on the challenges ahead and their business outlook. They are from industries including clothing, electronics, toys, jewell...Read More


United Arab Emirates: Close Economic Ties with China

29 Dec 2017

The UAE is a federation of seven emirates. The UAE's successful efforts at economic diversification have reduced its reliance on the oil sector. Free trade zones, which offer 100% foreign ownership an...Read More


Czechia: An Important Gateway to EU Market

29 Dec 2017

Czechia has a highly-open economy with exports accounting for roughly 80% of GDP. Emerging as an important gateway to the EU market, it has one of the most skilled workforces and the best infrastructu...Read More


Saudi Arabia: Greater Efforts to Reduce Oil Dependence

29 Dec 2017

Saudi Arabia is an oil-based economy with strong government controls over major economic activities. As oil revenues account for over 80% of government revenues, Saudi Arabia’s public finances have de...Read More

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