Hong Kong

Next phase of Scheme $6K commences

More than 2.1mn registration forms for the initiative had been received.

Next phase of Scheme $6K commences

More than 2.1mn registration forms for the initiative had been received.

Hang Seng Bank appoints Andrew Fung Hau Chung as Executive Director

The terms of appointment of Mr Andrew Fung shall be for three years.

J.P. Morgan appoints David Koh as Head of Treasury Services Greater China

The former Deutsche Bank executive brings in 20 years’ global and regional experience in transaction and corporate banking.

Foreign currency reserves down to a mere US$277.7b in September

It was down by US$1.9 billion on August's figure.

Taking a more refined view of social media

As social media continues to grow, businesses are taking a more sophisticated view of how to use these new channels to market – both with customers and internally within their organisations.

Local talents threatened as 53% of HK companies intend to hire foreign staff

And worse, 31% of companies do not plan to hire more in the next two years.

Derivatives market sees 34% rise in average daily turnover

The turnover of H-shares Index Futures reached a record high of 220,600 contracts.

Lands Department issues 4 property consents

The consents were for 2 residential and 2 commercial developments to be sold in Q3.

Tenders invited for provision of government Wi-Fi and data centre services

The government is inviting tenders for the implementation of the Next Generation Government Wi-Fi Programme and the provision of hosting services for departmental information systems.

Government invites revitalisation proposals for four historic buildings

The Commissioner for Heritage's Office of the Development Bureau is inviting proposals from non-profit-making organisations to revitalise four historic buildings under the Revitalising Historic Buildings Through Partnership Scheme.

Proprietary Chinese medicine tainted with western drugs recalled

The Department of Health ordered a licensed proprietary Chinese medicine importer and wholesaler, Ocean Pharmaceutical Limited, to recall its product Cardiotium.

Closure order lifted for fish portion of store in Tsuen Wan

The Director of Food and Environmental Hygiene today lifted the closure order imposed earlier on the fish portion of a PARKnSHOP Superstore in Tsuen Wan.

Illegally imported live birds seized at Man Kam To

Customs officers at Man Kam To Control Point seized 1,080 live birds which were being imported without valid health certificates.

September foreign currency reserve assets down US$1.9bn

Total foreign currency reserve assets represent more than eight times the currency in circulation in September.

Lands Department issues 4 property consents

18 applications for pre-sale consent for uncompleted residential units and 3 for uncompleted commercial developments were issued at the end of September.

SAP names Paul Sakrzewski as Managing Director, Hong Kong

The company takes into account Sakrewski’s 15 years of senior leadership experience in multinational organizations across Asia.

PCCW plans listing HKT Trust pending shareholder approval

The phone carrier may raise more than $1.3b from the IPO.