Hong Kong
Buildings Dept. approves 27 building plans in August
In addition, the department released 8 occupation permits on Hong Kong Island, 5 in Kowloon and 12 in the New Territories.
Buildings Dept. approves 27 building plans in August
In addition, the department released 8 occupation permits on Hong Kong Island, 5 in Kowloon and 12 in the New Territories.
August visitor arrivals soars 17.7%
Visitors from China and Southeast Asia made largest contribution to total 4,065,761 foreign tourists.
China Everbright International’s Dangshan Biomass Power Generation Project begins operation
The Project is expected to process 300,000 tonnes of biomass annually and generate 200mn kWh of green electricity.
AV Concept steps up promotion of SOUL by Ludacris® to new markets
The company brings new line of quality personal audio products to China and South Korea markets.
Hong Kong M&A amount to a whopping $55.3b in 2011
The country accounts for 12% of the total M&A deal flow in Asia.
Financial Secretary holds meeting with Federal Reserve Board Chairman
Mr John Tsang also met with Moody's and Standard & Poor's in the US to discuss Hong Kong's economic and financial fundamentals.
XCMG Construction Machinery aborts Hong Kong share sale
This as underwriters backed out of commitments to buy any unsold stock.
Asian banks on firing spree?
With growing job losses in major cities, warning bells of more cuts ring.
Government to start next phase of Scheme $6,000
Through this scheme, a sum of HK$6,000 will be given to each holder of a valid Hong Kong Permanent Identity Card, aged 18 or above.
Hong Kong takes a bite of Apple
Apple opened its first store in Hong Kong amidst growth of retail sales driven by spending from visiting Mainlanders.
Bank of East Asia adds 3 years to CEO's term
David Li’s contract to expire on 31 March 2015.
Monetary Authority suspends 2 traders
So Yiu-wing and Ng Chun-mi has been found to have intentionally circumvented Fubon Bank’s internal procedures to cover their mistakes in April 2007.
ACE Life transfers Asia Pacific office to Hong Kong
The company to tap the benefits it will receive in relocating regional office to one of Asia’s leading financial services hub.
Business leaders in the region meet in Hong Kong on global economic recovery
Outcomes of the discussions by CEO’s of companies in 7 countries will form a basis for business views being brought to the G20 Summit in November.
Hong Kong homes most expensive for billionaires
Homes purchased by billionaires in Hong Kong cost $10,360 a square foot, or double the price paid by billionaires in London.
Yuan falls 0.9% in Hong Kong
The currency traded in the city at record discount to the onshore exchange rate.
LPG prices to go down in October
Prices will drop 11 to 12 cents a litre.