Hong Kong

Yeung previously managed the operations of both Dragonair and Cathay Pacific in China.

Accounts for 20% of total new orders of Chinese shipbuilders in 1H 2011 amid 42.5% slide in global new orders.

The Water Supplies Department is currently interviewing 1,000 households for the Domestic Water Consumption Study to ascertain how water is being consumed in Hong Kong households.

The Hong Kong government invited applications for funding support for research and development projects under the 2011 Guangdong-Hong Kong Technology Co-operation Funding Scheme.   There are 23 technology areas under the first category, for which Hong Kong institutions can submit funding applications. The governments of the two sides will also jointly provide funding support for projects in 10 technology areas under the third category. The technology areas supported under the scheme are relevant to the needs of industry and will enhance economic development in the Greater Pearl River Delta region. The Commission is also inviting proposals for forward-looking and innovative applied R&D projects under Tier 3 of the Innovation and Technology Support Programme of the ITF.

The meetings were supposed to promote its planned Hong Kong share offering.

Its Ministry of Finance will start selling to retail investors on 18 August.

The drop over the weekend follows the decline in global stock prices.

Hong Kong does not intend to make changes even with US’ recent credit rating.

The Hong Kong Monetary Authority will hold a tender of 2-year Exchange Fund Notes on August 16, 2011 for settlement on August 17, 2011.

Twenty applications for pre-sale consent for uncompleted residential units and three applications for pre-sale consent for uncompleted commercial development were pending approval by end of July.

A tender for a site at the junction of Hung Luen Road and Kin Wan Street, Hung Hom Bay Reclamation, Kowloon, Kowloon Inland Lot No. 11111, has been awarded to Janeworth Company Limited.

The Labour Department will organise a briefing on the Minimum Wage Ordinance on August 25. 

The Government published a notice in the Gazette on the proposed road works in Sham Shui Po District.

ThyssenKrupp Elevator Ltd and Chun Ming Engineering Co., Ltd were found guilty of negligence and misconduct by the Registered Lift Contractor Disciplinary Board.

The Council for Sustainable Development launched a public engagement process to encourage stakeholders and the public to get involved in energy saving and energy efficiency in buildings.

Financial Secretary, Mr John C Tsang, said that the Government would keep a close watch on developments globally, and continue to monitor the local market to ensure its smooth operation.