News
Lands Department awards tender for hotel, residential sites
The hotel site was granted to Shangri-La Hotel and the residential site was awarded to Sky Target.
You won’t believe how many tourists went to Hong Kong in November
The total visitor arrivals in the first 11 months even surpassed the yearly total for 2010.
Service activities net output increased 3.9% in 3Q11
Net output in the import and export, wholesale and retail trades sector rose 4.8% in real terms.
Where have all the employees gone?
There are 57,690 jobs in the private sector but there's no one to fill the positions.
Hong Kong’s GPD up 8.8% to a whopping $487b in 3Q11
The country’s GNP was larger by $6 billion, rising 9.8% in the third quarter.
Exports and imports volume up in October
Double-digit increase was recorded for the total export volume to Taiwan.
Hong Kong to boost Renminbi's internationalisation
Hong Kong was an important constituent of China’s financial market, and the Mainland could leverage Hong Kong’s effective financial resource allocation platform to facilitate the renminbi’s internationalisation, Financial Secretary John Tsang said.
Hong Kong overtakes US and UK in Financial Development Index
Hong Kong took the top spot with a score of 5.16 on a scale of 1-7, says World Economic Forum.
Third quarter industrial production index up 0.2%
Producer price index also increased 9.6% in the third quarter.
Commercial building The Forum to be knocked down
So what will HongKong Land Holdings build in its place that is worth $72m?
Real estate business receipts down 18.2% in the third quarter
Another loser was financing industries, except banking, with 13.6% fall.
Hong Kong property rents and prices to hit a reverse next year
Retail properties offer greener pastures amid the subdued outlook.
Foreign currency reserves up to over US$282b
That is about nine times the currency in circulation.
Consultation starts for Companies Bill
The Financial Services & the Treasury Bureau is seeking public views on whether the bill should have further flexibility.
ATV fined $300,000 for misreporting death of Jiang Zemin
The Broadcasting Authority found complaints about ATV’s inaccurate news reporting and the late correction of factual errors substantiated.
41% of businesses show worrisome neglect of disaster recovery plan
And guess how many businesses have no continuity plans for their workplace requirements?
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