Hong Kong

Hong Kong strictly monitors quality tourism scheme

Hong Kong strictly monitors quality tourism scheme

Non-accredited merchants found to be displaying the QTS sign to receive warning letters from the Tourism Board to demand the immediate removal of sign.

Lenovo to take over Medion AG

Deal to merge major PC Company with major European PC, multimedia products and digital services vendor to accelerate consumer business growth in Europe.

Retail Asia Expo 2011 to kick off 14 June

Hong Kong Convention and Exhibition Centre will host event to unite players in the US$5.4tn sector.

Dah Chong Hong eyes JV with Brasil Foods

The move aims to further develop Hong Kong, Macao and China market by setting up production and processing centres in China.

Cathay Pacific pitches for 3rd runway at Hong Kong International Airport

The carrier boosts Hong Kong’s hub role as it invests in new HK$5.5bn cargo terminal and 87 new aircraft worth HK$180bn.

BEA Union Investment launches products to help fund investors combat inflation

The company ensures it invests in instruments that are likely to benefit from Asia’s solid fundamentals and Asian currency appreciation making it achieve consistently strong performance.

Hong Kong’s first quarter total gross premiums up 13.3%

Yet Hong Kong insurance industry’s overall underwriting profit declined from $559mn to $482mn.

Site in Sai Kung open for sale by tender

With a site area of about 1,659.4 square metres, the lot is designated for non-industrial, excluding residential, hotel, go down and petrol filling station, purposes.

We demand redevelopment: property owners

It’s up to the owners if they want the Urban Renewal Authority to redevelop their properties, as the demand-led redevelopment model has been approved.

HK yuan deposits rise 13.1% in April

Yuan deposits in Hong Kong jumped to $79 billion.

China Everbright Bank seeks to list in Hong Kong

The probable July listing could be worth as much as $7 billion.

Education Secretary disappointed with textbook publishers

Michael Suen was referring to publishers who have yet to sort out copyright issues to offer debundled textbooks and learning materials.

Government posts almost $2bln surplus in April

As at 30 April fiscal reserves stood at $597 billion.

Transport Complaints Unit gets fewer complaints than previous quarter

The Transport Complaints Unit of the Transport Advisory Committee received 1.4 percent less coplaints from January 1 to March 31, 2011.

Education Bureau to introduce competition in textbook market

The Education Bureau would introduce competition to the textbook and teaching materials market so as to provide schools with quality learning and teaching resources at reasonable prices.

Hong Kong total retail sales in April up 27.7%

Robust local consumption demand and lively tourist spending pushed value of total retail sales up to $32bn.

HKEx seeks opinions on after-hours futures trading

Study shows many Hong Kong futures brokers are open in the evening to offer trading of European and US futures during London and New York business hours.