Hong Kong

ECS first quarter profit up 14.9% to HK$65.2mn

Gross margin improves to 5.1% from 4.7% a year ago during the same period as China sales shores up 31.9%.

ECS first quarter profit up 14.9% to HK$65.2mn

Gross margin improves to 5.1% from 4.7% a year ago during the same period as China sales shores up 31.9%.

Hong Kong March exports up 13.7%

The volume of total exports climbs 17.7%, and the volume of imports soars by 12.9% in the first quarter.

United Continental to launches daily service between Hong Kong and Tokyo

The move to boost connections to multiple US destinations for Hong Kong customers.

Pacific Andes second half revenue up 4.9% to HK$4.2bn

The company believes effects of El Nino and La Nina are have dissipated as it expects to be able to fully utilise its quota share.

Russell Brown wins legal victory over Edward Eugene Lehman

The Honourable Mr. Justice To imposed a fine of HK$200,000 against Lehman and awarded indemnity costs of HK$400,000 to the Plaintiffs.

Hong Kong beats Tokyo as most expensive office location in Asia Pacific

Hong Kong's Grade A CBD rents posted the strongest QoQ increase of 11.9 per cent in 1Q 2011.

HKEx first quarter profit up 10% to $1.24bn

The exchange’s daily turnover in the period was $75.6bn on the Main Board and $364.8mn on Growth Enterprise Market.

Hang Seng forecasts 6% first quarter GDP growth

Despite reaching above-trend growth, business has turned more cautious and the export outlook is more uncertain, considering adverse impacts of Japan’s earthquake disaster on global supply chains.

Foreign currency reserve assets increased US$4.3bn in April 2011

The official foreign currency reserve assets of Hong Kong amounted to US$276.9 billion at the end of April.

Hong Kong employees least happy with their work

Compared with the over 80% of employees in the Nordic countries who are enjoying their work, only half of employees in Hong Kong claim to be happy.

HKEx appointed Joseph Meyer as Chief Administrative Officer

Meyer is Hong Kong Exchanges & Clearing's first Chief Administrative Officer and will be a member of the Senior Management Committee.

Government to ensure safety, effective management of construction sites

From 2000 to 2010, industry-wide accident rates decreased from 149.9 to 52.1 per 1,000 workers a year and in public works contracts from 46.4 to 9.8.

URBTIX launches ticket collection service

User of URBTIX Internet or credit card telephone booking services can now collect their pre-paid tickets at Cityline Ticket Dispensing Machines and Cityline's outlet counters.

Applications invited for equal opportunities funding scheme

The Constitutional and Mainland Affairs Bureau is inviting applications for the Equal Opportunities Funding Scheme 2011-12.

BNP Paribas appoints new Managing Directors

Meighen Robertson and Peter K.D. Chen will both be based in Hong Kong and will report to Paul Yang, Head for Hong Kong.

In Hong Kong, telco services do come cheap

Residential and business users in Hong Kong pay as low as one-tenth of the telecom charges as their counterparts in six other cities.

Job market unmoved by minimum wage

The Labour Department is receiving an average of about 3,000 vacancies from the private sector per day.