News
HK total goods exports up 9.8% in November
The total export volume to the Mainland, US and Japan was up 11%, 10.7% and 4.6% respectively from November 2009.
HK total goods exports up 9.8% in November
The total export volume to the Mainland, US and Japan was up 11%, 10.7% and 4.6% respectively from November 2009.
Capital-works spending to reach $49.6bln
Capital-works spending is seen to provide 62,500 job opportunities, including 6,600 for professional and technical staff, and 55,900 for workers.
HK Exchange Fund foreign assets up $13.1bn
Hong Kong’s private sector claim amounted to $127.8bn while foreign liabilities stood at $300mn.
Oil storage renewal fees to jump to $24,550
The Government is planning to revise the license fees for oil storage installations.
HK airport passenger traffic up 10.3% in 2010
Hong Kong International Airport passenger traffic grew to 50.9 million with growth mainly driven by visitor traffic.
HK's Monetary Authority keen on renminbi settlement scheme
The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.
Cathay Pacific and Dragonair passenger volume up 2.9%
Freight volumes held up well through to the end of 2010 behind year-end cancellations from competitors.
SEHK lists Telefield on Main Board
Telefield is offering 100,000,000 shares worth between HK$1.01 and HK$1.35 per share that commenced on Friday.
Registered companies up 28% in 2010
A record high of 139,530 local companies registered with the Companies Registry last year.
Renminbi trade in Hong Kong thrives rapidly
Cross-border trade payment from the China to Hong Kong amounted to RMB180bln while payments from Hong Kong to China reached RMB50bln.
Swire Pacific and Campbell Soup Company form JV in China
JV designed to accelerate growth of commercial soup market in the Mainland.
Hong Kong ranks first place in the Index of Economic Freedom
Hong Kong remains the world's most free economy for the 17th consecutive year, according to Heritage Foundation.
1,093 Operation Building Bright applications approved by Housing Society
The Housing Society and Urban Renewal Authority have approved applications for Operation Building Bright grants, from 643 and 450 target buildngs.
Bank of East Asia inaugurates i-Financial Centres
The Centres offer banking transactions via video call and stock trading functions and other services.
Asians more financially literate than Europeans and Americans
The survey reveals the more people are financially literate, the more they experience feelings of happiness while the less literate tend to have feelings of fear.
89% of Hong Kong residents to switch to digital TV
A survey last September found 61% of Hong Kong families or 1.4 million TV households now receive digital terrestrial television services.
Manufacturing sector seen to slow down in 2011
Manufacturing is likely to slow to a single digit as easy cyclical gains from the inventory cycle fade, UBS said.
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