News
Food services sector total receipts amount to over $101b
But were operating expenses, goods sold and compensation of employees higher or lower in 2010?
Total receipts in retail trade reach $359.5b
Gross surplus increased to $32.6 billion in 2010.
October total exports and imports soar
Yet compared with the three-month period ending October with the preceding three months the value of total goods exports dropped 0.9%.
Developers to accelerate sales
Research shows credit costs are about to rise, so developers better raise cash soon.
Hong Kong and Mainland extends currency-swap pact
The agreement and its expansion seen to allow more flexibility for the development of renminbi business in Hong Kong.
October consumer prices up 5.8%
The Census & Statistics Department said the inflation rate was stable in October after its uninterrupted rise over the past year.
Hong Kong economic growth forecast down 5%
The growth moderation was caused mainly by a sharp drop in exports towards the end of the quarter.
Jeweler Chow Tai Fook to list largest IPO this year
This US$3.5b IPO will be Asia's second largest IPO after Hutchison port.
30% of HongKong’s largest firms put their CEOs in the chairman role
Should this call into question board governance and impartiality?
Customs seizes $2.9M worth of illicit cigarettes
Hong Kong Customs seized about 1.15 million sticks of duty-not-paid cigarettes, worth about $2.9 million, with the duty potential of about $2 million, in an anti-illicit cigarettes operation.
Hong Kong signs intellectual property cooperation with Mainland
The State Intellectual Property Office and the Intellectual Property Department of the Hong Kong Special Administrative Region Government have signed their first agreement to strengthen co-operation in the area of intellectual property.
Cataract centre opens at Kowloon East Cluster
The Wu Ho Loo Ning Cataract Centre under the Hospital Authority Kowloon East Cluster is now ready to double the of cataract surgery performed in KEC by up to 5 000 cases annually.
Care to go shopping at Pedder Street?
You better be cashed-up as Hong Kong ranked second most expensive shopping destination.
Pay increase in Hong Kong seen to rise in 2012—survey
Report showed average salary increase at 4.2% in 2011 and forecast at 4.6% in 2012 while performance bonus is at 20% of annual base salary.
Asean to ascertain effects of Hong Kong's entry to free trade area with China
Asean memebrs will study the economic benefits and implications of Hong Kong joining the Asean-China free trade area.
IMF lauds HK's exchange rate system, policy framework
Hong Kong's Linked Exchange Rate system and the government's policy framework to support growth and safeguard financial stability were strongly endorsed an International Monetary Fund Staff Mission.