In Focus

Government protects workers from excessively low wages

The Labour Department will offer aid to grassroots workers who are having problems after the launch of the statutory minimum wage.

Government protects workers from excessively low wages

The Labour Department will offer aid to grassroots workers who are having problems after the launch of the statutory minimum wage.

Repair, maintenance work provided 17,500 jobs

Each target building has generated 20 job opportunities on average for building professionals, contractors, technicians and workers.

Hong Kong statutory minimum wage pegged at $28 per hour

The Labour Department released the statutory minimum wage reference guidelines to aid employers and workers in understanding the Ordinance's practical application.

Escalating cost for HK's office spaces drives demand for Grade B Buildings:Colliers

Spiking rental for commercial spaces in HK has recently raised the question mark on the continued attractiveness of HK as the destination for Asia setup.

Hong Kong recorded trade deficit of $25.1bn in February 2011

This is equivalent to 9.9 per cent of the value of imports of goods.

Renminbi market sees robust growth

Further development and more offering of investment products are expected in Hong Kong.

One in three Hong Kong finance professionals dissatisfied with 2010 bonus increase

Hong Kong-based finance professionals received an average bonus increase of 25% for 2010 compared with the previous year but 33% are dissatisfied with their 2010 bonuses.

500 flat-for-flat units to be completed in 2016

The Kai Tak blocks, developed by the URA, will comprise 23 storeys on a 1.1-hectare site and will be divided into different vertical zones.

GDP grew 6.2% in 4Q

This is compared with the 6.7% increase in the third quarter and for last year as a whole, GDP grew 6.8% in real terms.

Unemployment rate fell to 3.6% in December-February 2011

This is the lowest level since July-September 2008, according to the figures released by the Census & Statistics Department.

Hong Kong safe from Japan's nuclear incident

Hong Kong Observatory has increased its frequency of taking air samples and its release of information on Hong Kong's radiation levels to once every hour.

Number of credit cards in circulation jumped to 15.5mn in 4Q 2010

This posed a 1.6% quarter-to-quarter increase and a 6.6% year-on-year increase.

GNP up 6.9% in 4Q 2010

Hong Kong's Gross National Product grew to $477.2 billion, while GDP rose 8.1% to $477.7 billion.

Japan quake causes microeconomic disruptions:Macquarie

Myagi, home to Sendai and the most affected by the quake, accounts for 1.7% of the population and the same proportion of GDP.

Lawmakers reject $60bn interim funding allocation

Hong Kong people are disappointed as it could have many negative implications.

35,400 flats not a fixed target for residential flat production

The estimated figure of 35,400 flats refers to the housing land that can be supplied to the market for private residential developments within a certain timeframe.

Airfreight will be one of the big drivers of Hong Kong's future success

Hong Kong is one of the key gateways to the Mainland and the airfreight market will be driven by what's happening in Mainland China.