In Focus
One in three Hong Kong finance professionals dissatisfied with 2010 bonus increase
One in three Hong Kong finance professionals dissatisfied with 2010 bonus increase
Hong Kong-based finance professionals received an average bonus increase of 25% for 2010 compared with the previous year but 33% are dissatisfied with their 2010 bonuses.
500 flat-for-flat units to be completed in 2016
The Kai Tak blocks, developed by the URA, will comprise 23 storeys on a 1.1-hectare site and will be divided into different vertical zones.
GDP grew 6.2% in 4Q
This is compared with the 6.7% increase in the third quarter and for last year as a whole, GDP grew 6.8% in real terms.
Unemployment rate fell to 3.6% in December-February 2011
This is the lowest level since July-September 2008, according to the figures released by the Census & Statistics Department.
Hong Kong safe from Japan's nuclear incident
Hong Kong Observatory has increased its frequency of taking air samples and its release of information on Hong Kong's radiation levels to once every hour.
Number of credit cards in circulation jumped to 15.5mn in 4Q 2010
This posed a 1.6% quarter-to-quarter increase and a 6.6% year-on-year increase.
GNP up 6.9% in 4Q 2010
Hong Kong's Gross National Product grew to $477.2 billion, while GDP rose 8.1% to $477.7 billion.
Japan quake causes microeconomic disruptions:Macquarie
Myagi, home to Sendai and the most affected by the quake, accounts for 1.7% of the population and the same proportion of GDP.
Lawmakers reject $60bn interim funding allocation
Hong Kong people are disappointed as it could have many negative implications.
35,400 flats not a fixed target for residential flat production
The estimated figure of 35,400 flats refers to the housing land that can be supplied to the market for private residential developments within a certain timeframe.
Airfreight will be one of the big drivers of Hong Kong's future success
Hong Kong is one of the key gateways to the Mainland and the airfreight market will be driven by what's happening in Mainland China.
Central Government to further upgrade Hong Kong's status as international financial centre
The draft National 12th Five-Year Plan highlighted the role of Hong Kong in the country's development.
Government proposed tax rebate of 75% of salaries tax
The Government has proposed new measures to answer the feedback received since the Budget address.
79% of adults in Hong Kong think that growth of China is good for their economy
87% even say that China will be the most influential economy in the next ten years.
Each Hong Kong permanent resident to receive $6,000
75% reductions in salaries tax and tax under personal assessment, capped at $6,000, will also be given to each permanent adult.
Government may adjust 2011-12 Budget proposals
People's views and lawmakers' recommendations pushed Financial Secretary John Tsang to study the suggestions and come up with new proposals.
Surplus reached $34.8bn in January 2011
A surplus of $93.8 billion was registered for the 10 months ending January 31.
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