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Sustainable Development Fund splurged $6.4m in 6 new projects

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Check out the winning ideas. Read ››

17 historic school buildings to be unveiled in September, October

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This is for Heritage Fiesta 2013. According to a release, seventeen historic school buildings and 13 study halls will be open to the public in September and October, for Heritage Fiesta 2013. Read ››

Cases of HIV infections hit 123 in 2Q13

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2 got infected through drug injection. According to the Centre for Health Protection, a total of 123 cases of HIV infections were reported in the second quarter of 2013. Read ››

FS John Tsang to fly to Guangzhou for SmartHK expo

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SmartHK will open tomorrow. Financial Secretary John Tsang will visit Guangzhou today for the opening ceremony of SmartHK tomorrow. Read ››

Melco International reveals new partner in Russia

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It also eyes expansion in Philippines, Macau. According to Maybank Kim Eng, Firich (8076 TT, Not Rated), a company listed in Taiwan, has announced that it will spend USD18.9m to acquire a stake in Oriental Regent (who owns 50% stake in FGCE; a company that holds the gaming license in the integrated entertainment zone of the Primorye Region). Read ››

HKCPEC meeting set for August 28

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Public is welcome to the open session. The Hong Kong Committee for Pacific Economic Cooperation (HKCPEC) announces that its 51st meeting is now open for public enrolment. Read ››

Tsuen Wan restaurant suspended for 3 weeks

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It violated several regulations. According to a report, the Food & Environmental Hygiene Department has ordered a Tsuen Wan restaurant to suspend business for three weeks for failing to keep the food room clean, and for illegally extending the business area. Read ››

Fuel surcharges to rise in September

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Check out the new prices. In a report, the Civil Aviation Department said today that air passenger fuel surcharges for September will rise. Read ››

LPG prices to rise $0.12 cents per liter

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It'll be effective in September. In a report, the Electrical & Mechanical Services Department announced that liquefied petroleum gas ceiling prices for dedicated filling stations will rise 12 cents a litre in September, to range from $4.41 to $4.87 a litre. Read ››

Woodlock expo unveiled at the Heritage Museum

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Exhibit is open until 13 January. According to a report, an exhibition to showcase over 100 traditional woodblock prints and blocks opened at the Heritage Museum yesterday. Read ››

Yau Ma Tei restaurant suspended for two weeks

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For illegal extension of business area. According to a report, the Food & Environmental Hygiene Department has ordered a Yau Ma Tei restaurant, which repeatedly breached the Food Business Regulation by illegally extending the business area, to suspend business for two weeks. Read ››

Galaxy's earnings jumped 23% to HKD5.8b

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On the back of higher revenue. According to Maybank Kim Eng, Galaxy recorded 1H13 revenue and EBITDA of HKD30.8 billion and HKD5.8b which increased 9% YoY and 23% YoY. Read ››

Hong Kong Electronics Fair set for October 13-16

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Remains the world’s largest electronics event. The Autumn edition of the HKTDC Hong Kong Electronics Fair will be held at the Hong Kong Convention and Exhibition Centre. Manufacturers, distributors and big electronic brand buyers have made the Fair one of the staples of the year. Read ››

Recreation fees slashed by up to $57

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It'll be effective starting 1 October. In a report, the Leisure & Cultural Services Department announced that fees for 280 community recreation and sports programmes will be reduced from October 1. Read ››

Dragonair cancels flight to Taiwan amidst typhoon Trami disruptions

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Flight no. KA488 has been suspended. In a release, Dragonair today (20 August) announced that flight no. Read ››

Poultry products from Italy banned

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Amidst H7 avian influenza scare. In a report, the Centre for Food Safety announced that import of poultry products, including eggs, from Emilia-Romagna, Italy has been banned with immediate effect. Read ››

Lenovo's sales jumped 10% to US$8.79b

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Will it keep its momentum? According to Barclays Research, Lenovo reported strong 1Q FY14/2Q CY13 results this morning. Read ››

Li Ning's revenue dropped 28% in 1H

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But here's some good news. According to CCB International, Li Ning posted a 1H13 loss of RMB186m. Read ››

Typhoon signal No.8 issued in Hong Kong

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Typhoon Utor moves towards Guangdong. According to a report, the Hong Kong Observatory issued the No 8 signal at 1.40am today. Read ››

2,900 vacancies to be unveiled at Wan Chai Job Fair

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It'll be held on 14 August. Read ››

Chinese menstrual pills recalled

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They contain excessive lead. According to a report, the Department of Health instructed Chinese medicine manufacturer Hong Kong Medicine Manufactory to recall batch number PD12C3 of the Chung San Brand Bak Foong Pills (registration number HKP-12577) as it contains excessive lead. Read ››

Warning out on bogus website

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It resembles Wing Hang Bank's official site. According to a report, the Monetary Authority today issued an alert about fraudulent website www.wghgbkhk.com, which resembles the official Wing Hang Bank site. Read ››

Melco Crown's earnings climbed 62% to USD330.1m

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Here's what boosted this growth. According to Maybank Kim Eng, Melco Crown reported 2Q13 net revenue which grew 38% YoY to USD1,295m, while at the same time registering record EBITDA growth of 62% YoY to USD330.1m. Read ››

Applications for innovation-technology fund program unveiled

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They're open until 30 September. Read ››

60,000 milk formula tins suspected to contain harmful ingredients recalled

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But where are the other 20,000? According to a report, the importer of a milk formula product suspected to be tainted with Clostridium botulinum-contaminated ingredients, is confident more than 60,000 tins can be recalled within two days. Read ››

MGM China's earnings jumped 10% to HKD1,603m

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Thanks to these growth drivers. According to Maybank Kim Eng, MGM's net revenue for 2Q13 increased by 18% YoY to HKD6,481m, while at the same time recording its highest ever quarterly EBITDA of HKD1,603m, a 10% increase YoY. Read ››

Karrie International's profits soared 65% to HK$41.9m

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Thanks to its strong manufacturing business. According to a release, Karrie International Holdings Limited's profit after tax increased significantly by 65% to approximately HK$41,937,000, of which around HK$83,573,000 was from the manufacturing business. Read ››

Poultry eggs from Taiwan's Hualien banned

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Amidst H5N2 and H5N3 avian influenza scare. In a report, the Centre for Food Safety announced today that an import ban on poultry eggs from Taiwan's Hualien County has come into effect. Read ››

Yau Ma Tei restaurant's license revoked

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It illegally extended its business area. According to a report, the Food & Environmental Hygiene Department today cancelled a Yau Ma Tei restaurant's licence for illegally extending its business area. Read ››

Hair loss drug recalled

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It may contain excessive mercury. Read ››

Lee & Man Paper's net profit predicted to jump to HK$931m

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Rebound in OCC prices recorded in June and July. According to Maybank Kim Eng, it expects LMP’s 1H13 net profit to increase to HKD931m. Read ››

Yau Ma Tei restaurant ordered to shut down

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It illegally extended its business area. According to a report, the Food & Environmental Hygiene Department has ordered a light refreshment restaurant in Yau Ma Tei to close for three weeks for repeatedly breaching the Food Business Regulation by illegally extending the business area. Read ››

Education Award scheme unveiled

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Applications are open until 31 August. In a report, the Education Bureau announced the Award Scheme for Learning Experiences under the Qualifications Framework is open for applications from today until August 31. Read ››

Shun Tak acquires Hengqin asset for CNY721m

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Office and serviced apartments soon to be launched. Maybank Kim Eng noted Shun Tak announced after the market close yesterday that it had acquired a 131,089sqm mixed-use project in Hengqin New Area, which neighbors Macau, through a listing-for-sale for CNY721.0m which translates to an AV of CNY5,500/sq m. Read ››

Check out this ASEAN internship for university students

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It'll be launched next summer. According to a report, Secretary for Education Eddie Ng began his official visit to Singapore last July 29 with the announcement of the ASEAN Internship for University Students of Hong Kong Scheme, which will launch next summer. Read ››

Hong Kong seals immigration deal with South Korea

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This is a new milestone for both countries. According to a release, Director of Immigration Chan Kwok-ki has signed a deal with South Korea on the use of automated clearance services, marking a new milestone in immigration co-operation between Hong Kong and the country. Read ››

HPH Trust's net profit dropped 26% to HK$421m

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Rising staff costs dragged growth. According to Barclays research, HPHT reported 2Q2013 attributable net profit of HK$421mn, -26% y/y. Read ››

Warning out on fried snacks

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They can threaten your nervous system. According to a report, potato chips, and fried potato and zucchini have been found to contain a high level of acrylamide, which can affect the nervous system, and have adverse reproductive and developmental effects in experimental animals. Read ››

Non-profit org formed by big names Google, Facebook, Yahoo!, Microsoft growing tremendously

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It surpasses 100 members in two years. Read ››

ZTE's sales revenue dropped 11.6% to RMB37.8b

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But here's a bit of good news. According to CCB International, ZTE announced preliminary 1H13 results, with sales revenue down 11.6% YoY to RMB37.8b and net income up 23.5% YoY to RMB 302.3m.  Read ››