News

Government posts more than $5b deficit

Expenditure for the six months ending 30 September 2011 was more than $156b.

Government posts more than $5b deficit

Expenditure for the six months ending 30 September 2011 was more than $156b.

Trade Marks Registry finds inaccurate data

Internal audits of its register revealed inaccuracies blamed on human error.

Did you apply for employees’ compensation? Your personal data could be lost somewhere

The Police has been informed about a missing document containing personal data of people that applied for employees’ compensation.

Grade A office rents in Central down 1.5%

Rents to edge down 8% in the next 12 months behind the fragile economic recovery of the US and the debt crisis in the Eurozone.

Government raises red travel alert for Thailand

Now is not the best time to be travelling to Thailand.

Ahoy! Kai Tak cruise terminal to boost economy

But we’ll have to wait till 2013 before Kai Tak is commissioned.

BoC emerges as Hong Kong’s top CNY-denominated bond underwriter

The Beijing-based bank beats HSBC in Dim Sum market in October.

Hong Kong among the world’s highest in prime industrial land price

Elevated demand for warehouse in Asia is expected to sustain in long term.

Exports to the Mainland slump 7.3% in September

Overall, the value of Hong Kong's total exports of goods fell 3% compared to that in September 2010. Meanwhile the value of imports of goods increased by 2.3% over a year earlier.

Visitor arrivals surge 16.2% to 30.4m in 2011

As arrivals from the Mainland jumped 23.6% to exceed 20m in the first nine months of the year.

Hong Kong’s Class A office rent most expensive worldwide

Office rents in Asia Pacific rise as vacancy rates edge down.

Housing inflation to remain high until 2H12

Tough luck for Hong Kongers aiming to find affordable housing, at least until later next year.

17% of businessmen worry over looming bad business in Q4

Pessimists have risen in Q4, compared with only 7% in Q3.

Hong Kong sees 5.9% increase in foreign companies operation

24% of the 6,948 respondents said they plan to expand their business in Hong Kong in the next three years.

Government proposes Competition Bill amendments

The Secretary for Commerce & Economic Development aims to push for the amendment to tackle SMEs’ concerns.

Hong Kong is most expensive office location worldwide in 1H 2011

With Class A gross rents averaging $214 psf /year.

Unemployment rate unchanged at 3.2%

It’s the lowest level since December 1997 - February 1998.