Hong Kong
Electrical & Mechanical Services Trading Fund reports $4bln revenue
The trading fund expects its business to remain steady as its post return on revenue at 11.8%.
Electrical & Mechanical Services Trading Fund reports $4bln revenue
The trading fund expects its business to remain steady as its post return on revenue at 11.8%.
HSBC appoints Rakesh Bhatia Global Head of Trade and Supply Chain
Michael Young to succeed current Bhatia’s role as lender’s Country Head and CEO in Indonesia.
HK and India agree to expedite tax-cut plan
Chief Executive Donald Tsang invited Indian companies to list in HK bourse as he asked Indian authorities to consider granting visa-free access to HK visitors.
Automated Systems profit up 83.7% to HK$17.8mln
Company expects supply and distributor agreements signed with Teamsun to enhance efficiency and sales capabilities.
Survey shows climate change top concern in Hong Kong
Yet only 15% in HK said they understand a lot about climate change compared to 36% global average.
September total exports up 24% to $280.2bln
A trade deficit of $24.4bln, equivalent to 8% of the value of imports of goods, was recorded in September.
Dragonair eyes to recruit 300 more flight attendants
The third recruitment day this year to cope with the increasing passenger volume and flight frequency.
Bank of Communications to launch HK private banking
The lender sees Hong Kong capable of attracting investors of private trust funds and investment immigration.
US quantitative easing seen to boost HK asset prices
Yet HK chief executive’s address offered very few measures in curbing near-term property price advances.
Short-haul and long-haul flight surcharges up 8% and 3%
New rates enable carriers to partially recover operational costs due to fluctuations in aviation fuel prices.
Hong Kong and France agree to avoid double taxation
Tax pact was also made with 14 countries as HK opens expansion opportunities to French companies.
HSBC introduces new Private Banking leadership teams
The lender announced replacements of heads of North Asia, South East Asia, and EMEA regions.
Mild housing measures help clear policy overhang
Fundamental price drivers like too much market liquidity and low interest rates will remain unchanged even with the new housing measures put in place by the HK government, the Deutsche Bank AG/Hong Kong said Thursday.
China Mobile third quarter profit flat at 29.65bln yuan
China has low mobile penetration compared to developed economies that stifles growth of its telecommunication companies.
Sino-Life launches funeral services deed in Hong Kong
The company to pioneer in HK the service popular in Europe, US and neighboring countries.
Taiwan travellers avail easy entry to Hong Kong
70% are eligible to apply for entry permits for Taiwan under streamlined measures implemented last month.
Automated Systems strikes deal with China Southern Airlines
Collaboration aims to develop world-class enterprise content management solution.
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