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Elder academy funds unveiled

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Applications should be sent by 31 October. According to a report, the Committee on Elder Academy Development Foundation is inviting funding applications from tertiary institutions and school-sponsoring bodies of secondary and primary schools interested in setting up elder academies. Read ››

Lantern carnivals to roll out on September 19-21

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Folk songs, dance, acrobatic performances to be featured. According to a report, the Leisure & Cultural Services Department's Mid-Autumn Festival lantern carnivals will be held in Victoria Park, Sha Tin Park and Tuen Mun Park from September 19 to 21, under the "Vibrant Hong Kong" theme of the "Hong Kong: Our Home" Campaign. Read ››

Youth festival looks at Hong Kong’s economy

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Also explores Asian future development. The 2013 Boao Youth Forum (Hong Kong) began yesterday with more than 1,000 participants exchanging ideas on Asian economic trends, education and culture. Read ››

Heritage Fiesta events kick off

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They will run until 31 October. According to a report, "Hong Kong: Our Home" Campaign’s signature event Heritage Fiesta 2013 will run from now until October 31. Read ››

Light pollution in Hong Kong is world’s worst

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Study confirms HK the most light polluted city on Earth. Read ››

Basic Law expo rolls out in Tuen Mun

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It will be held on September 7-8. According to a report, the roving Basic Law exhibition will be held on September 7 and 8 in Tuen Mun. Read ››

Two home sites fetched a whopping $3.461b

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Here are the winning bidders. In a report, the Lands Department announced today that tenders for two residential sites have been awarded on 50-year land grants at a total premium of $3.461 billion. Read ››

Here's the consequence to Sa Sa's sales growth in 2Q FY13

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There might be high base effect. Sa Sa attended Barclays conference Tuesday (3 September). Read ››

Fine wine auction set for September 13 and 14

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Venue will be the Island Shangri-La and Grand Hyatt Hong Kong. Read ››

Elderly vouching scheme to kick off this month

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1,200 initial vouchers to be issued. According to a report, the Social Welfare Department will launch the first phase of the Pilot Scheme on Community Care Service Voucher for the Elderly in September, allowing seniors to choose the service package that suits their needs. Read ››

Medical research fund unveiled

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Here's how to qualify. According to a report, applications for the Health & Medical Research Fund opened today. Read ››

Two Sheung Wan properties open for tender

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Bidding is open until 24 September. According to a report, the Government Property Agency is inviting tenancy bids for two Sheung Wan properties, which must be used for the operation of cross-boundary ferry businesses. Read ››

MTR Corp's earnings hit 14.1% to HKD7.3b

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Here's why analyst is quite impressed. In a report, Moody's Investors Service says the MTR Corporation Limited's (MTRC) 1H 2013 results were in line with Moody's expectations, and will not immediately impact its Aa1 issuer and senior unsecured ratings. Read ››

Yuen Long restaurant suspended for two weeks

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It was also fined $11,000. According to a report, the Food & Environmental Hygiene Department has ordered a Yuen Long restaurant to suspend business for two weeks. Read ››

Why Bolina's 1H13 results were disappointing

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Sales in China were lacklustre. According to Maybank Kim Eng, Bolina’s NPAT of CNY117m (-12.3% YoY, 41% of our FY13 earnings forecast) was 13% below our estimates on weaker-than-expected revenue (CNY412m, +3.2% YoY, 42% of our FY13F estimates) and gross margins (down 11bps YoY to 47.74% vs our projection of +1ppt YoY). Read ››

Hong Kong to shell out $1.16m in flood assistance to India

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After getting a nod from the Disaster Relief Fund Advisory Committee. Read ››

2 biggest reasons why Samsonite is going to be impressive in 2H

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Its multi-brand strategy will drive market share. Maybank Kim Eng continues to be positive on Samsonite. Read ››

Kingsoft Corporation's gross profit up 9% to RMB430.5m

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Steady development from major business lines. In a release, Kingsoft Corporation Limited announced its unaudited quarterly and interim results for the three and six months ended 30 June 2013 respectively. Read ››

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, which resembles the official Wing Hang Bank site. Read ››