Please wait...
GulfBase Live Support
Leave a message and our representative will contact you soon
- Gulf Bank hosts tufting, embroidery workshop for red cardholders
- Bahrain All Share Index marks 1,946.89 points
- Bahrain sees robust pipeline of financial institutions: 16 new financial institutions licensed, 52 in progress
- Qatar Insurance company issues USD 500 million Tier II Bond
- 'Results of QSE listed companies to have positive impact on performance'
- Businesses in Japan opt to renovate aging facilities, not build new ones
- MPHC restructures partnership for salt production facility in Qatar
- Dubai school operator Taaleem moves closer to Dh1 billion in 2024-25 revenue
- Saudi Arabia Pledges $25 Bln Investment to Support Africa
- Gamezop to set up regional headquarters in Bahrain
31/03/2011 00:00 AST
Hong Kong's retail sales value increased 8.6 percent year-on-year in February after a 28.1 percent increase in January, the Census and Statistics Department said Thursday. Economists had expected sales to rise 18.5 percent.
During the same period, the volume of retail sales increased 5.1 percent annually, with the pace of increase decelerating from 23.6 percent in the previous month. This was also weaker than the 13.8 percent increase expected.
Based on the seasonally adjusted series, the volume of total retail sales increased 2.7 percent in the three months ended February compared with the preceding three-month period.
Commenting on the data, a government spokesperson said that going forward, improving job and income prospects will push up consumer confidence. This along with further growth in inbound tourism, will continue to support the retail business, the spokesperson added.
During the first two months of the year, sales value rose 18.8 percent compared to the same period last year. Sales, in terms of volume, grew 14.7 percent.
RTT News
| Ticker | Price | Volume |
|---|
| Index | Closing | Change |
|---|---|---|
| NIKKEI 225 | 36,581.76 | -251.51 (-0.68 |
| DAX | 18,699.40 | 181.01 (0.97 |
| S&P 500 | 5,626.02 | 30.26 (0.54 |
04/07/2025
A growing number of businesses are choosing to renovate aging office buildings and commercial facilities to avoid the trouble of rebuilding or constructing new facilities.
The trend has incr
The Peninsula
03/07/2025
Microsoft on Wednesday said it was slashing a little less than four percent of its global workforce as it seeks to cut layers of middle management and leverage new technologies.
"We continue
AFP
03/07/2025
Global public debt rose to an all-time high of $102 trillion in 2024, representing a 7.36 percent increase compared to the previous year, according to a leading UN body.
Nearly one-third of
Arab News
02/07/2025
Most stock markets in the Gulf gave up early gains to close lower on Tuesday, as investors booked profits and turned cautious ahead of a US Senate vote on President Donald Trump's landmark tax and sp
Reuters
02/07/2025
Jordan aims to lower its public debt-to-gross domestic product ratio to 80 percent by 2028 under an International Monetary Fund-backed reform program, according to a government official.
Fi
Arab News
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia