News
Hong Kong goods imports up 14.8% in December 2010
The value of Hong Kong's total goods exports rose 12.5% y-o-y in December.
Hong Kong goods imports up 14.8% in December 2010
The value of Hong Kong's total goods exports rose 12.5% y-o-y in December.
Hong Kong negative equity mortgages drop to 118 cases
December aggregate value of residential mortgage loans in negative equity down by $50 million from value in September.
Mortgage loans approved down 23% in December 2010
New mortgage loans drawn down during December rose by 11.3% to $31 billion compared with November.
91% of HK businessmen see a bleak 2011
Respondents with positive expectations fell from 28 per cent to 26 per cent.
Hong Kong’s December overall consumer prices up 3.1%
The underlying consumer price inflation averaged at 1.7% for 2010, as expected by government forecasts.
Cathay Pacific fuel surcharge to rise 11% in February 2011
The Civil Aviation Department has approved passenger fuel surcharge increases for Cathay Pacific and All Nippon Airways for February.
284 companies invested in Hong Kong in 2010
Invest Hong Kong beat its annual target for the number of completed projects for the 10th year in a row.
Minmetals Land contracted sales up 450% to RMB2.57bn
The company has also achieved annual target of contracted sales and GFA of approximately 105% and 106% respectively.
HK labor market conditions improve at year-end
Solid economic growth in line with ever-expanding opportunities for Hong Kong service exports upon China's increasing globalization would further improve labor conditions.
HK total goods exports up 9.8% in November
The total export volume to the Mainland, US and Japan was up 11%, 10.7% and 4.6% respectively from November 2009.
Capital-works spending to reach $49.6bln
Capital-works spending is seen to provide 62,500 job opportunities, including 6,600 for professional and technical staff, and 55,900 for workers.
HK Exchange Fund foreign assets up $13.1bn
Hong Kong’s private sector claim amounted to $127.8bn while foreign liabilities stood at $300mn.
Oil storage renewal fees to jump to $24,550
The Government is planning to revise the license fees for oil storage installations.
HK airport passenger traffic up 10.3% in 2010
Hong Kong International Airport passenger traffic grew to 50.9 million with growth mainly driven by visitor traffic.
HK's Monetary Authority keen on renminbi settlement scheme
The authority believes China would benefit as 63% of Mainland’s outward direct investments are in Hong Kong or through Hong Kong.
Cathay Pacific and Dragonair passenger volume up 2.9%
Freight volumes held up well through to the end of 2010 behind year-end cancellations from competitors.
Read Here
Advertise
Sign Up
Commentary
LandsD 'area model' idea makes sense for the San Tin Technopole
Hong Kong’s tertiary education policy shift ignites co-living growth