News

Power subsidy to be credited from July

Proposal to provide extra allowances to Comprehensive Social Security Assistance, Old Age Allowance and Disability Allowance recipients will be implemented in August and September.

Power subsidy to be credited from July

Proposal to provide extra allowances to Comprehensive Social Security Assistance, Old Age Allowance and Disability Allowance recipients will be implemented in August and September.

Hong Kong PMI fell to seven-month low

The headline PMI posted 52.9 in April 2011, down from 54.9 in March.

Hong Kong internet economy to reach $146bn by 2015

The expected growth is to be driven by growth in mobile and online shopping, said Google Hong Kong.

Falling unemployment rate boosted March retail sales

The unemployment rate has fallen consistently now for a year and a half, down from a peak of 5.5% in August 2009 to 3.4% in March 2011.

Restaurants receipts surged 5.8% in Q1 2011

The total value of total restaurants sector receipts was $22.1 billion, said the Census & Statistics Department.

Government urged public to support minimum wage

The statutory minimum wage is a significant milestone in the development of Hong Kong's labour policy, said Secretary for Labour & Welfare Matthew Cheung.

Labor Department to hold job recruitment exhibitions

The department gathered 80,00 job opportunities at the end of March, said Secretary for Labour & Welfare Matthew Cheung.

MTR fare hike lowered to 2.2%

The Census & Statistics Department's report on CPI made the company lower the fare hike.

Housing gets bigger share of Hong Kong residents’ expenditure

Spending on housing and food goes up while residents cut expenses on transport and on clothing and footwear.

Hong Kong IPO market seen to pick up in second quarter

25 companies expected to be listed in the second quarter with JGAAP recognition as a key highlight.

Government strengthened tourism ties with Henan

The Travel Industry Council signed a co-operation agreement with the Henan Provincial Tourism Administration.

Hong Kong travellers spent less abroad

Compared to the mainland, Hong Kong travellers spent $1,096 per night when travelling abroad.

Chevron LPG failed test again

The Electrical & Mechanical Services Department asked Chevron to stop the sales of all auto-LPG until the quality has been confirmed to comply with the specification.

1,003 flight movements set new daily record

The April 22 record of Hong Kong International Airport supassed the daily average of 891 movements by 12.57 per cent.

Redevelopment initiative reaps 47 applications

Government to conduct a mid-term review of the new measures to fine-tune the policy or implementation issues and to facilitate better use of existing industrial buildings.

Hong Kong has the region’s most demanding bosses

A study shows almost 70% of Hong Kong employers expect their staff to be available while on annual leave or out of office hours.

Hong Kong unemployment rate returns to pre-crisis level--HSBC

Despite falling to 3.4%, analysts maintain a close watch on external risks and impact of the upcoming implementation of minimum wages.