Hong Kong
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.
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.
Colliers International offers Sheung Wan commercial property for sale
Site is close to Hollywood Road and Soho area in Central, home of most popular dining destinations.
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.
Hong Kong exports to decelerate in 2011
Hong Kong export-to-GDP came in at around 20% in 2010 but UBS said this increase is temporary.
Hong Kong tourism showed strong rebound in 2010
Hong Kong welcomed 36.03 milliom arrivals in 2010, up 21.8% over 2009.
Hong Kong ranks 8th largest foreign currency holder
Hong Kong's official foreign currency reserve assets amounted to US$268.7 billion in December 2010.
HK issues 6 pre-sale consents
19 applications for pre-sale consent for uncompleted residential units and three applications for uncompleted commercial developments were being processed as of December.
Shangri-La to open new hotel Colombo, Sri Lanka
“Pearl of the Indian Ocean” is a testimony of the Sri Lanka’s economic boom since its president ended domestic conflict.
Hong Kong Resources Holdings sales up 29% to HK$537mln
Sales in Hong Kong and Macau markets up 56% during the said period, while sales in China increased 25%.
Economy strengthens with PMI at highest in 8 months
The private sector was fed by new orders which rose to an impressive 58.7 and headline PMI which jumped to 55.0.
Hong Kong to introduce reverse mortgage scheme
Survey says 44% of respondents supported the introduction of reverse mortgages in Hong Kong.
World Bank issues first Chinese renminbi bond in HK
The lender has provided Hong Kong with another strong endorsement of its renminbi bond market as the latter continues to develop itself as a key offshore RMB centre.
Purchase agreements for building units jumped 21.5% in 2010
The number of sale and purchase agreements for all building units received for registration was 162, 739, the Land Registry said.
Housing Authority maintains sound financial position
The authority vows to continue managing its finances efficiently to ensure cost-effectiveness after it expected to have a surplus in the consolidated operating accounts.