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Hong Kong's economy grows 2.7% in first quarter amid rise in service exports

Spokesman says service exports will be supported by further revival of inbound tourism and government efforts to promote mega-event economy.

Hong-kong
Secretary-paul-chan-mo-po
Gdp
First-quarter
Economic-growth
Private-consumption
High-interest-rate

Logistics industry to grow at a 'sedate' 3-6% in FY25, says ICRA

Moderation in consumer-demand sentiment from high inflation and interest rates is one of the reasons for this rate of growth, the ratings agency said

Suprio-banerjee
Express
Model-code
Vice-president
Sector-head
Corporate-ratings
Icra
Logistics-industry
Inflation
High-interest-rate

Tax revenue rises $2.25 bil. in January after record shortfall

Korea s tax revenue increased 3 trillion won ($2.25 billion) in January from a year earlier following a massive shortfall the previous year, the finance ministry said Thursday.

Ministry-of-economy
Increase
Revenue
Government
Tax-revenue
Tax
January
High-interest-rate
Korea
South-korea
He-korea-times

Banks' potential uncollected loans jump 49% in 2023 on high interest rates

The potential uncollected loans by four major financial holding firms jumped 49 percent on year in 2023, as high interest rates took a toll on borrowers, data showed Tuesday.

Seoul
Soult-ukpyolsi
South-korea
Shinhan-financial
Hana-financial
Ghana
Woori
High-interest-rate
Finance
Economy
Kb-financial

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