News

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.

A survey last September found 61% of Hong Kong families or 1.4 million TV households now receive digital terrestrial television services.

Manufacturing is likely to slow to a single digit as easy cyclical gains from the inventory cycle fade, UBS said.

Hong Kong export-to-GDP came in at around 20% in 2010 but UBS said this increase is temporary.

Hong Kong welcomed 36.03 milliom arrivals in 2010, up 21.8% over 2009.

Hong Kong's official foreign currency reserve assets amounted to US$268.7 billion in December 2010.

19 applications for pre-sale consent for uncompleted residential units and three applications for uncompleted commercial developments were being processed as of December.

“Pearl of the Indian Ocean” is a testimony of the Sri Lanka’s economic boom since its president ended domestic conflict.

Sales in Hong Kong and Macau markets up 56% during the said period, while sales in China increased 25%.

The private sector was fed by new orders which rose to an impressive 58.7 and headline PMI which jumped to 55.0.

Survey says 44% of respondents supported the introduction of reverse mortgages in Hong Kong.

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.

The number of sale and purchase agreements for all building units received for registration was 162, 739, the Land Registry said.

11,790 sale and purchase agreements for all building units were received for registration in December.

90 per cent of the bank’s office premises are ISO 1400 showing its commitment to protect the environment.

The Transport Complaint Unit received 4,927 complaints and suggestions from July 1 to September last year.