Hong Kong
URA to begin Ma Tau Wai Road-Chun Tin Street lot acquisition
Owners of the 3,377 square metres project area will be offered $9,785 per sq.ft. while its 143 tenants and owners have so far been given assistance.
URA to begin Ma Tau Wai Road-Chun Tin Street lot acquisition
Owners of the 3,377 square metres project area will be offered $9,785 per sq.ft. while its 143 tenants and owners have so far been given assistance.
AV Concept takes over Korea’s Fairchild Semiconductor
The move aimed to further strengthens distribution network in East Asia and creates synergy with LED business.
Dragonair and JW’S California to provide innovative Western dishes onboard
A number of popular dishes highlighting the perfectly executed contemporary cuisine of JW’s California will be offered for First and Business Class passengers.
Asia’s first quarter office rental growth up 1.7%
Apart from the existing upsides, the Colliers International report shows growing inflation pressure is the market’s major uncertainty.
Online shopping complaints in Hong Kong up 230% to 439
Consumer Council warns internet users to pay via a reputable third party payment gateway.
First quarter credit card receivables down 4.4%
Yet the amount of borrowing by customers using their credit cards up 0.2% at the end of March.
Hong Kong April foreign assets up by $27.5bn
The monetary base amounted to $1.05tn, while claims on the private sector, reached $134.9bn and foreign liabilities, $500mn.
Hong Kong first quarter real GDP up 7.2%
The economy is poised for a real growth of 5%-6% for this year, up one percentage point from February forecast announced in February..
China Telecom and RIM launch BlackBerry Services for Chinese SMEs
Companies introduce BlackBerry Internet Service for small business customers, enabling users to send and receive email from up to 10 supported work and personal email accounts.
Air China April passenger traffic up 12.7%
Despite launching two new domestic flights between Hangzhou and Beihaion April 20 and between Wuhan and Hohhot, the carrier's international routes decreased by 1.3 percentage points.
Cathay Pacific and Dragonair April passenger volume up 4.1% to 2.26mn
Regional demand from Hong Kong surge behind Easter holiday while demand on North American and Southeast Asian routes remained robust.
Minmetals Land four months revenue soars 1100% to RMB1.81bn
The Company further enhanced its nationwide positioning through its 11 projects under development, located in 8 tier-1 and core tier-2 and tier-3 cities.
SFC orders Core Pacific-Yamaichi International to repurchase Lehman-linked products
The price would be equal to the principal amount invested by the customer minus any coupon payments received.
Hong Kong charges Merrill Lynch with $3mn fine
A probe found out that Merrill Lynch failed to properly assess the financial situation and investment objectives of 40 customers who invested in the index-linked notes in 2007.
3 government lots fetch HK$5.7bn
The auctioned parcels were Inland Lot No.8963 on Stubbs Road, New Kowloon Inland Lot No.6498 on Begonia Road, and Lot No.2086 in Demarcation District No.105.
OOCL expands its Scandinavian Express Service (SBX)
The company is committed to serve the growing Baltic markets as it increases in capacity and additional port coverage.
GDP may have advanced 6.5% in 1Q 2011
Sequentially, growth likely quickened to 2.1% QoQ from 1.5% in 4Q 2010.