Hong Kong

Hong Kong travellers spent less abroad

Hong Kong travellers spent less abroad

Compared to the mainland, Hong Kong travellers spent $1,096 per night when travelling abroad.

SFC issues reminder on RMB trading

SFC reminded investors to gets details of processes for their transactions when trading renminbi securities in the secondary market.

Hospital Authority allocates more nursing fund

The Hospital Authority has earmarked an additional $200 million this year to strengthen the recruitment and retaining of nursing manpower. It seeks to improve working conditions and career prospects for nurses.

Hong Kong businessmen optimistic on second quarter

Yet the prevalence of optimistic business expectations among respondents remained unchanged as the proportion of respondents with a favourable business outlook rose up 26%.

Chevron LPG failed test again

The Electrical & Mechanical Services Department asked Chevron to stop the sales of all auto-LPG until the quality has been confirmed to comply with the specification.

1,003 flight movements set new daily record

The April 22 record of Hong Kong International Airport supassed the daily average of 891 movements by 12.57 per cent.

Inflation rose to 4.6% in March 2011

The year-on-year rate of increase in the underlying inflation rate in March was 4.4 per cent.

New legislation to enhance lift and escalator safety

The Lifts and Escalators Bill has been gatted to further enhance lift and escalator safety in Hong Kong.

Building danger claim rejected

The Housing Department has refuted a press report claiming structural settlement affecting two buildings in Pak Tin Estate is a danger to tenants.

Redevelopment initiative reaps 47 applications

Government to conduct a mid-term review of the new measures to fine-tune the policy or implementation issues and to facilitate better use of existing industrial buildings.

Hong Kong and Guangdong discuss fish policy

Hong Kong talks about enhancement of liaison and co-operation on fisheries development with the officials of the Chinese province.

HKEx has new board composition

Financial secretary reinstates Hui Chiu-chung and Lee Tze-hau while appointing John Harrison.

Hong Kong has the region’s most demanding bosses

A study shows almost 70% of Hong Kong employers expect their staff to be available while on annual leave or out of office hours.

Hong Kong unemployment rate returns to pre-crisis level--HSBC

Despite falling to 3.4%, analysts maintain a close watch on external risks and impact of the upcoming implementation of minimum wages.

Government awarded $29mn worth of scholarship grants

514 students from nine local universities received the scholarship grants.

Unemployment rate fell to 3.4% in 1Q 2011

The labour force expanded by 3,100 from Dec-Feb period to the Jan-Mar period, and the job market absorbed more than half of the increase, with total employment up 1,800.

Hong Kong goods re-exports up 20.5%

In the first 2 months of 2011, the volume of total exports grew 19.9%, and the volume of imports rose 14%.