Hong Kong

China Comservice and Sybase join forces to create JV

Move to ignite telecommunications market opportunities as China Comservice to bring leading technologies, unrivaled industry expertise and access to serve China.

China Comservice and Sybase join forces to create JV

Move to ignite telecommunications market opportunities as China Comservice to bring leading technologies, unrivaled industry expertise and access to serve China.

29% of Hong Kong’s China exports for outward processing

$125.1bn of Q1 total exports to China were for outward processing, up 18% over last year.

GDH secures US$536mn dual currency loan facility

Approval show’s lenders’ strong confidence in the prospects of the group’s businesses to provide sufficient fund to capture market opportunities.

More regulation vital to boost China banks’ business transformation

An Ernst & Young report reveals a strong balance sheet and diversified business operations will help Chinese banks meet the new regulatory standards.

BlackBerry PlayBook to be available in Hong Kong in July

The gadget offers an uncompromised, high-fidelity web experience for users to enjoy all the sites, games and media on the web.

No jobs lost after first month of minimum wage laws: HSBC

This, as employment still managed to increase by 15k to over 3.6mn.

Eligible residents to receive $6,000 handout

$38 billion is set to be approved for the “Scheme $6,000”.

Unemployment rate stands at 3.5%

The labour force grew by 17,800 to almost 4 million in March-May.

New car tax rates approved

They will be implemented when the Motor Vehicles (First Registration Tax) (Amendment) Bill 2011 is gazetted on 17 June 2011.

Exports down 4.3%

This as domestic exports saw an 8.3% decline.

Cathay Pacific launches Blackberry Playbook airline app

The carrier has already has its app even before BlackBerry PlayBook’s release in Hong Kong from early July.

Record high housing rents raise concern on Hong Kong’s competitiveness

Many corporations are feeling the effects of high rents as it increases the expatriates’ cost of living, which weakens Hong Kong’s competitiveness.

Tsang luring Victorian firms to Hong Kong

Chief Executive Donald Tsang is encouraging Victorian companies to establish take advantage of Hong Kong's position as the premier gateway to China.

Lee & Man Paper 2010 profit up HK$1.85bn

Net profit per ton remains among the highest in China’s containerboard industry despite substantial increase in waste paper and coal prices.

DHL Express names Jerry Hsu CEO Asia Pacific

Hsu and regional team to focus on optimizing revenue, market share, and margins with entrepreneurial ‘close to market’ strategy.

Overseas experience crucial for career in finance--survey

88% of finance professionals surveyed believe overseas experience is important to their career.

SFC fails to ban Tiger Asia

SFC has accused Tiger Asia of insider dealing, but a judge said the case is beyond the High Court’s jurisdiction.