Hong Kong

The company enhanced its new facilities will bear a 0.91% per annum interest margin and will mature on 11 April 2016.

Yet future uncertainties brought about by geopolitical tensions in the Middle East and repercussions from Japan earthquake may bring down overall confidence in buyers’ payment ability.

Widening gap between the first and second highest office occupancy costs seen as prices continue to soar.

The agency plans to boost monitoring of the business plans and funding strategies of authorised institutions as banks’ HK dollar loan-to-deposit ratio rose from 71% to 78%.

Experts from WHO and Western Pacific countries are meeting in Hong Kong to discuss a draft strategy for the optimal use of medical devices.

Secretary for Food & Health Dr. York Chow says the Hospital Authority plans to recruit about 330 doctors in the current fiscal year.

She tendered her resignation to the Chief Executive for health reasons.

Private cars are a less efficient mode of transport, said the Transport & Housing Bureau.

An alert has been issued on the use of benzocaine products due to its potentially fatal side effect by the Department of Health.

The foundation stone laying ceremony for the Cruise Terminal Building at Kai Tak today, which will berth the largest cruise vessels in the world, was officiated by Chief Executive Donald Tsang. He was joined by Acting Secretary for Commerce & Economic Development Gregory So and Secretary for Development Carrie Lam.   The Government funded its design and construction. The terminal and first berth will open in mid-2013 and will be leased for management and operation. The second berth will be commissioned in 2014 after dredging works on the seabed are completed.   The terminal will feature environmentally friendly facilities to provide world-class services to passengers, with a commercial area of 5,600 square metres and a landscaped deck with open space for public enjoyment.  

Retail sales value grew to 18.8% in the first two months, which was strong by any measures.

Consumer price inflation rose to a two-and-a-half year high of 3.7% in February.

A man was fined $3,000 at the Kowloon City Magistrates' Courts for managing an unlicensed guesthouse in Mong Kok.

The Monetary Authority of the world’s 10th largest holder of foreign currency reserves said there were no unsettled forward contracts at the end of March and February.

The department had 20 applications for pre-sale consent for uncompleted residential units and 4 for uncompleted commercial developments at the end of March..

The product to provide savings, protection and a stream of income for retirement as it offers regular monthly annuity payment as early as one year after the plan starts.