top of page
APMR News

Apr 20   South Korea central bank lowerd GDP growth rate forecast for this year, but held benchmark rate unchanged 

Mar 24   Hong Kong Financial Secretary said may lower GDP growth rate forecast for 2016 for Hong Kong

Mar 22   StandardChartered Bank estimates China's non-FDI capital outflows fell to USD 47billion in February from USD 143billion in January

Mar 15   Japan central bank will maintain its monetary policy steady, leave negative interest rate policy unchanged. 

Mar 10    New Zealand central bank announced to cut interest rate by 25 basis points to a record low of 2.25%, citing weaker growth in emerging markets, slower growth in Europe, and remaining low commodity prices. Domestically, the dairy sector faces difficult challenges, but domestic growth is expected to be supported by strong inward migration, tourism, a pipeline of construction activity and accommodative monetary policy, the central bank noted.

Mar 4   Hong Kong’s luxury homes remain the second most expensive in the world in 2015. The report said China tops the largest billionaire population in Asia in 2015 while Shanghai tops in Asia on prime residential price annual growth in the year. 

Mar 3    Singapore's Purchasing Managers' Index (PMI, a manufacturing activity measurement) stood at 48.5, down from 49.0 in January, according to the data released by the government. Nikkei/Markit measurement put it at 51.6, down from 52.5 of Janurary. A reading above 50 generally indicated the manufacturing is expanding, while a reading below that indicates a contraction.  

Mar 2    Number of sale and purchase agreements of all building(residential and non-residential) units in Hong Kong recorded big fall in February, according to latest data released by the land authority. Number of sale and purchase agreements of all building units in Hong Kong dropped to 2,583 transactions in February from 3,123 in January. Total transaction number was 8,060 of February in 2015 and 3,987 in February 2014. 

 Feb 27      Sun Hung Kai Properties reported interim net profit attributable to shareholders retreated 5 percent year on year to HKD 14.73 billion(UDS 1.8 billion) for the six months ended 31 December 2015.The company proposed an interim dividend of HKD1.05(USD 13.5 cents) per share. Company directors were positive on its project sales in the mainland China while downgraded sales target of property sales in Hong Kong SAR by 10-15 percent for the second half of the financial year. 

 Feb 26      China's housing price fluctuates in January among the 70 cities (population more than 1 million) tracked by the government statistics bureau. By year-on-year comparison, new home prices in 45 cities dropped with maximum drop level of 4.9%; 25 cities recorded price hike with maximum hike level of 52.7% when compared with same month of January of a year ago.

 Feb 25     South Korean Government announced to hand license to Connecticut-based Mohegan Sun Properties along with partners KCC Corporation and Incheon International Airport Corp (IIAC) to develop a first-of-its-kind Casino integrated resort at Incheon International Airport, making an entry to gain a slice of share in the Asia's growing gaming market

 Feb 25      Galaxy Entertainment reported full year net profit went down 60% year on year to HKD4.2 billion(USD541 million), after taking HKD 1.2 billion of non-recurring charges.

 Feb 25       City Development net profit for 2015 inched up to SGD773.4 million(USD548 million) from SGD769.6 million a year ago despite revenue dip 

 Feb 23      New World Development reported interim revenue rose 25% for 2015 while net profit down 37.8% to HKD 4.49 billion(USD 578 million) on RMB devaluation during the  interim financial year ended December 31st.

Advertisement

Advertisement

bottom of page