Hong Kong
Comba gets deal to supply wireless solution to Taiwan High Speed Rail
The company will supply a complete turnkey solution from system design, installation, optimisation and commissioning of the Hukou To Freeway No.2 Tunnel Section.
Comba gets deal to supply wireless solution to Taiwan High Speed Rail
The company will supply a complete turnkey solution from system design, installation, optimisation and commissioning of the Hukou To Freeway No.2 Tunnel Section.
Hong Kong sees 5.9% increase in foreign companies operation
24% of the 6,948 respondents said they plan to expand their business in Hong Kong in the next three years.
Sun Hung Kai wins MTR Corp residential site tender
The developer won with the highest bid of approximately HK$11.8 billion.
Hotel site in Kowloon to be sold by tender
A residential site in Lantau will also be sold by public tender.
Public tenants banned from buying their own units
More than 150,000 applications were on the list and the administration had no plan to re-launch the tenants purchase scheme.
HKRH’s retail sales under 3D-GOLD Brand surged 113% during the National Day Golden Week Holiday
Sales of 3D-GOLD’s self operated and franchised shops in China soared 115%.
Kingsoft appoints Zhang Hong Jiang as Chief Executive Officer
Zhang will replace KAU Pak Kwan, who has been re-assigned as a nonexecutive director of the Company.
Government proposes Competition Bill amendments
The Secretary for Commerce & Economic Development aims to push for the amendment to tackle SMEs’ concerns.
Companies Registry 2010-11 profit reaches $226mn
The launching the e-Registry has seen 143,797 new companies being incorporated.
Land Registry FY2011 profit soars to 35.9%
The agency has launched a new option involving two stages of automatic conversion to accommodate divergent views and concerns of stakeholders.
Hong Kong is most expensive office location worldwide in 1H 2011
With Class A gross rents averaging $214 psf /year.
Unemployment rate unchanged at 3.2%
It’s the lowest level since December 1997 - February 1998.
Hong Kong launches offshore CNY-denominated gold product
Renminbi Kilobar Gold, the world’s first offshore Renminbi-denominated spot gold contract ends initial trading with value of CNY111.7mn.
HKMA: Hong Kong is Spain’s CNY business centre
Chan believes Hong Kong can provide the best support for Spanish corporations and financial institutions to conduct renminbi businesses as the currency’s internationalisation progresses.
HKMA and SFC seek opinions on OTC derivatives rules
The agencies want to collect views on developing a regime at par with international standards but takes into account local market conditions and characteristics.
August domestic exports plunge by 24.9%
Yet compared with the first eight months of 2011, the volume of total goods exports up 5.5% while the volume of goods imports rose 7.1%.
Francis Liu Hon-por appointed as new Director of Marine
He’s new role will take effect on November 2.
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