Hong Kong

Hong Kong recorded trade deficit of $25.1bn in February 2011

This is equivalent to 9.9 per cent of the value of imports of goods.

Hong Kong recorded trade deficit of $25.1bn in February 2011

This is equivalent to 9.9 per cent of the value of imports of goods.

JP Morgan appoints Timothy Lee as Head of Treasury Services Hong Kong

In this new role, Lee will be reponsible for overall client experience.

Hong Kong atmosphere, water remain safe

Radiation levels in Hong Kong's air and drinking water remain normal.

Renminbi market sees robust growth

Further development and more offering of investment products are expected in Hong Kong.

HK to prohibit food from five Japanese prefectures

Hong Kong will prohibit imports of Japanese food from five prefectures in Japan. They are Fukushima, Ibaraki, Tochigi, Gunma and Chiba.

Munich Re profit target of EUR2.4bn no longer achievable

Its claims payments for the devastating earthquake and tsunami in Japan will total some EUR1.5 billion.

Hong Kong food supply stable

Japanese products constitute only a small portion of Hong Kong's food imports.

One in three Hong Kong finance professionals dissatisfied with 2010 bonus increase

Hong Kong-based finance professionals received an average bonus increase of 25% for 2010 compared with the previous year but 33% are dissatisfied with their 2010 bonuses.

Use of exit interviews vital to effective staff management

The move may be seen by existing employees as a sign of positive culture.

Hong Kong and Portugal ink tax agreement

Investors and tourists of both parties to pay lower taxes and transport fees under the pact.

Hong Kong posts $30bn BOP surplus in fourth quarter

Visible trade deficit rises to $88.9bn in fourth quarter 2010 as imports of goods increasing faster than exports.

Hong Kong February inflation rate up 3.7%

Economists see inflationary pressure to further increase in the coming months as global food and commodity prices remain elevated.

33% of HK hotel price increase reflects economic comeback

Last year, Hong Kong average hotel room rates rose by 33% or $929, compared to a 2% global average.

500 flat-for-flat units to be completed in 2016

The Kai Tak blocks, developed by the URA, will comprise 23 storeys on a 1.1-hectare site and will be divided into different vertical zones.

Chan Kwok-ki named Director of Immigration

The State Council has approved the promotion of Deputy Director of Immigration Chan Kwok-ki to Director from March 28.

GDP grew 6.2% in 4Q

This is compared with the 6.7% increase in the third quarter and for last year as a whole, GDP grew 6.8% in real terms.

China Gas bags 8 city gas projects in Huoqiu County

The company also purchases LPG carrier Panva Gas to actively expand LPG business.