Hong Kong ranked 1st as world’s most competitive economy

Hong Kong placed first for 2 consecutive years The International Institute of Management Development (“IMD”), Swiss research institution, published its latest World Competitiveness Yearbook 2017 which compared and ranked 63 economies based on 4 major indicators namely “economic performance”, “government… Continue Reading →

China’s yuan to be listed in IMF’s SDR basket

New SDR currency basket will take effect on¬†1 October 2016. The International Monetary Fund (IMF)¬†approved for the highly anticipated inclusion of China’s yuan into its Special Drawing Rights (SDR) basket effective on October 2016, being the fifth currency to be… Continue Reading →

HK ranked 2nd the most competitive economy of total 61

Climbed from 4th place last year, Hong Kong’s competitiveness is only after the US in survey by IMD. The International Institute for Management Development (IMD) in its World Competitiveness Yearbook 2015 released on 27 May, it assess an economy based… Continue Reading →

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