News

Where have all the employees gone?

Where have all the employees gone?

There are 57,690 jobs in the private sector but there's no one to fill the positions.

Hong Kong’s GPD up 8.8% to a whopping $487b in 3Q11

The country’s GNP was larger by $6 billion, rising 9.8% in the third quarter.

Exports and imports volume up in October

Double-digit increase was recorded for the total export volume to Taiwan.

Hong Kong to boost Renminbi's internationalisation

Hong Kong was an important constituent of China’s financial market, and the Mainland could leverage Hong Kong’s effective financial resource allocation platform to facilitate the renminbi’s internationalisation, Financial Secretary John Tsang said.

Hong Kong overtakes US and UK in Financial Development Index

Hong Kong took the top spot with a score of 5.16 on a scale of 1-7, says World Economic Forum.

Third quarter industrial production index up 0.2%

Producer price index also increased 9.6% in the third quarter.

Commercial building The Forum to be knocked down

So what will HongKong Land Holdings build in its place that is worth $72m?

Real estate business receipts down 18.2% in the third quarter

Another loser was financing industries, except banking, with 13.6% fall.

Hong Kong property rents and prices to hit a reverse next year

Retail properties offer greener pastures amid the subdued outlook.

Foreign currency reserves up to over US$282b

That is about nine times the currency in circulation.

Consultation starts for Companies Bill

The Financial Services & the Treasury Bureau is seeking public views on whether the bill should have further flexibility.

ATV fined $300,000 for misreporting death of Jiang Zemin

The Broadcasting Authority found complaints about ATV’s inaccurate news reporting and the late correction of factual errors substantiated.

41% of businesses show worrisome neglect of disaster recovery plan

And guess how many businesses have no continuity plans for their workplace requirements?

Hong Kong seen as a global mining companies listing hub

The HKSE has attracted several large high profile mining company listings over the last few years.

Hong Kong’s growth to plummet in 2012

UBS warns the country may hit rock bottom in 1Q12.

October visitor arrivals up 16%

Golden Week holiday and trade shows pushed Mainland visitor arrivals up to 24.9%.

Hong Kong seen to have HK$35bn budget surplus

Study advised government to employ fiscal resources to enhance competitiveness while helping the disadvantaged.