Hong Kong’s service industry business receipts rise in Q-2

Posted by micronassoc on September 11, 2012 in Latest News |

Hong Kong’s business receipts in value terms of most major service industries showed increases in Q-2 of Y 2012 when compared with Q-2 of Y 2011, the city’s Census & Statistics Department said Monday.

According to the figure released, business receipts of the tourism, convention and exhibition services domain maintained double-digit year-on-year growth, or 13.9%, alongside the continued growth in inbound tourism.



During the same period, business receipts of the computer and information technology services domain registered significant Y-Y growth of 22.2%.

Double-digit increases were also recorded in the business receipts of the warehousing and storage, accommodation services, insurance, retail and banking industries. However, the financing industry recorded a more noticeable decrease of 7.7% in business receipts during the same period.

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