Hong Kong

The FMCG, retail and luxury are the most active employers within the commerce and industy.

The Department of Health found a proprietary Chinese medicine named Specific Qingyin Wan to contain excessive pesticide residues.

PMI bounced back from the Lunar New Year into solid expansion territory as the March headline PMI jumped to 54.9.

A-Chun Professional Limited was fined $8,000 today at Kowloon City Magistrates' Courts for overcharging a job seeking domestic helper. The employment agency was also ordered to pay a compensation of $520 to the job seeker. The prosecution was launched by the Labour Department.

No observable change was found in the radioactivity level of water samples.

Yaekiku, a posh Japanese restaurant in Hong KOng operated by a noted Chinese restaurant entrepreneur, has closed its doors.

Legislative proposals have been raised to improve the regulation of sales and marketing activities of MPF intermediaries.

On a month-on-month basis, property sales increased 8.9 per cent.

The figure broke the single-day record of 973 flight movements set on December 17.

The Immigration Department processed 270 applications between March 17 and 31.

Six itinerant hawkers who pleaded guilty to selling short-weight chestnuts or sweet potatoes in the first three months of this year were fined from $500 to $3,000.

The residential development near Phase 8 of Mei Foo Sun Chuen meets relevant statutory requirements and complies with the use permissible under the land lease.

Visitor arrivals seen to grow 39.64mn in 2011, but is dependent on the stability of the global economy and maintenance of China of its robust economic growth.

The 19% Spanish withholding tax on interest and 24% withholding tax on royalties on Hong Kong residents will both be slashed down to 5%.

The move will not affect the broadcasting company’s investment commitment of $6.3 billion from 2010 to 2015.

“The social development and increasing wealth cause more and more flexibility, especially of the increasing middle class. Rail- and road infrastructure is under construction, while aviation infrastructure is still in an early planning and development stage due to delayed environmental assessment, air space congestion and Asian wide constraints. The year 2010 was crucial for decision making for most of the Asian countries, to define the strategy and way forward how to develop the necessary domestic, Asian and international air transportation network. Finally also the Chinese government has come up with an implementation strategy and budget schedule, which allows for the first major aviation infrastructure projects to commence implementation.”