Hong Kong
K. Wah International secures HK$1.47bn syndicated loan
Part of the loan to be used for refinancing, while the remaining will serve as general working capital to boost its financial efficiency.
K. Wah International secures HK$1.47bn syndicated loan
Part of the loan to be used for refinancing, while the remaining will serve as general working capital to boost its financial efficiency.
IDT International still in the red with HK$49.6mn loss
Yet the company’s turnover increased 16% to HK$1.62bn while oys gross profit climbed 8% to HK$532.7mn.
China Print Power eyes listing on SEHK Main Board
The group is offering 39,000,000 shares at the range of HK$1.36 to HK$1.56 per share via its management team with an average of over 20 years industry experience.
Employees Retraining Board to increase training places to 130,000
The Government has also launched a manpower study to be completed by the end of 2011.
Hong Kong’s office market makes rapid rebound in Q1 2011
CB Richard Ellis says the country’s prime office rates climbed by 40% at the end of Q1 2011.
Hong Kong International Airport 2010 profit up 42%
The airport had 51.5 million passenger trips, 4.2 million tonnes of cargo volume and 316,000 flight movements last year.
Hong Kong’s IPO sees best interim performance in 10 years
An expected total fund raised of HK$400bn by 2011 end as companies use Hong Kong listing to tap China market.
TAC supports proposal to fit reversing goods vehicles with video devices
The TAC discussed the Government's proposed measures to enhance the safety of reversing goods vehicles.
Food poisoning at Jordan restaurant reportedly reach 16
Seven more people being involved in suspected food poisoning cases related to a restaurant in Jordan.
Walker Group 2010 profit up 7.6 times to HK$25mn
The company aims to open 150 new sales points to exploit growing market demand.
AEONMaxValu Prime Tsim Sha Tsui Store opens
The premium mall at the heart of Tsim Sha Tsui opens auspiciously amidst steady growth of the local economy, an improving job market and rising disposable income.
Hong Kong ranks 5th in digital literacy
Socio-economic status of Hong Kong students is said to have less effect on their performance as compared with other countries.
Imminent Hong Kong protests seen as wealth gap widens
CE Tsang’s unpopularity in survey revealing his failure to solve Asia’s biggest rich-poor divide seen to trigger protests.
China Rongsheng Machinery plant in Hefei starts operation
Group accelerates growth of its engineering machinery business while further implementing diversification of its four major business segments.
Imports and exports in Hong Kong soar
The value of total goods exports rose 17% while the value of goods imports increased 15.8% for the first five months this year.
Sennosides drugs recalled
The Department of Health instructed Welfore Co Ltd, to recall four of its sennosides drugs from shelves as market surveillance conducted by DH pharmaceutical inspectors found that a sample failed the disintegration test.
Residents get electricity subsidy beginning July
A maximum subsidy of $1,800 will be provided to each eligible residential electricity account from July this year.