Hong Kong
Imports and exports in Hong Kong soar
Imports and exports in Hong Kong soar
The value of total goods exports rose 17% while the value of goods imports increased 15.8% for the first five months this year.
Sennosides drugs recalled
The Department of Health instructed Welfore Co Ltd, to recall four of its sennosides drugs from shelves as market surveillance conducted by DH pharmaceutical inspectors found that a sample failed the disintegration test.
Residents get electricity subsidy beginning July
A maximum subsidy of $1,800 will be provided to each eligible residential electricity account from July this year.
Falsely labelled "organic" vegetables seized
The Customs and Excise Department seized about 100 catties of assorted vegetables falsely claimed to be organic vegetables worth about $1,140.
Golden Shield IPO to start on Jun 28
The company proposes global offering of 244,896,000 shares at HK$0.7 per share to raise up to HK$171mn.
Samson Paper 2010 profit up 15.4% to HK$72.21mn
Optimistic on China’s sustained economic growth, the company opened six new sales offices in the PRC to capture the opportunities ahead.
Hua Xia Healthcare profit up 7-fold to HK$31.5mn
The company explores further opportunities from China’s Healthcare Reform and the New 12th Five Year Plan.
Internet Learning Support Programme to launch on 14 July
Approximately 410,000 students are eligible for the programme in the 2011-12 school year.
Warning issued against fraudulent emails
Standard Chartered Bank (HK) has clarified it has not sent the emails to customers.
May new mortgage loans down 1.4%
Yet approvals for primary market transactions and secondary market transactions grew by $1.2bn and $3.1bn.
Store ordered to stop selling Japanese brand of noodles
The CFS of the Food and Environmental Hygiene Department called on the public to stop consuming Topvalu TV Salt Flavoured Instant Ramen Noodles, which were imported from Japan.
Gentlemen's Tonic puts up first Asian outlet in HK
British men's grooming and care business, Gentlemen's Tonic, launched its business in Hong Kong with its first outlet in Asia.
Colliers International names Simon Lo as Asia Head of Research
With the strategic appointment of Lo, the company proceeds to grow its research platform and capabilities to further integrate its services across Asia.
Dragonair Youth Aviation Academy takes flight
The carrier set to provide opportunities to hone the younger generation’s skills in the field of aviation.
Noble Jewelry 2010 profit up to HK$7.6mn
Jewelry market benefitted from increasingly strong consumption sentiment, particularly in the Middle East and Asia, as global economy rebounds.
Plans for Insurance Authority revealed
A licensing regime will be introduced as the authority holds a direct regulatory role over the conduct of insurance intermediaries.
Visitor arrivals up 14.7% in May
Appreciation of the yuan against the Hong Kong dollar was named one of the drivers.