In Focus

Hong Kong to add $1bln to support SMEs

Ties with the Mainland and Taiwan are also strengthened to further bolster small enterprises.

Hong Kong to add $1bln to support SMEs

Ties with the Mainland and Taiwan are also strengthened to further bolster small enterprises.

Kowloon Tong lot sale earns $1.6bln

The private residential lot has a site area of 2,808 square metres was sold to Panayork Limited.

Survey shows positive outlook for professionalism of financial planners

More than 90% of participating CFPCM professionals say that they have attained required professional competency.

September home sales down 41% following government curbs

Home transactions value last month down 26.7% than in September 2009, while volume was 15% lower.

HSBC launches mobile banking operations

Provides instant banking, investment and insurance services as it offer secure internet banking via mobile platform.

Cathay Pacific and WestJet enters new code-share agreement

Move to expand flight services in HK and Canada a week after code-share service in US.

Professional services grant scheme opens

Grant funds projects aimed to increase Hong Kong's professional services' competitiveness, and enhancing the service standard.

August total deposits up 0.5%

Renminbi banking business on the rise as deposits grew 25.8% to RMB130.4bln.

Cathay Pacific signs code-share agreement with Alaska Airlines

Partnership expands Hong Kong carrier's reach in North America and increases overall passenger volume.

Hong Kong posts double-digit import-export growth in August

Exports to Asia grew 41% especially to Thailand, Vietnam and China.

HSBC kickstarts first Middle East RMB trade settlement transaction

Move enabling Middle East businesses to settle payments in RMB, unleashing opportunities for Asia expansion.

Hong Kong tourist arrivals grow 22% in August

China arrivals rose 27.7% to 2.37mln while South Korea arrivals rose 35.7% due to won appreciation.

Hong Kong approves 3 airlines' fuel surcharges hike

All Nippon Airways, Cathay Pacific and Singapore Airlines raise fuel surcharges by 3-5%.

Groups propose scripless securities market in Hong Kong

Paperless option to become effective following necessary legislative changes and when the market is ready.

Second quarter service activity output up 6.3%

Net output for construction sector up 16.3% behind surge in public-sector works.

Cathay Pacific and Japan Airlines to expand code-share arrangements

Move to give passengers more flexibility and choice when travelling between Hong Kong and Japan.

Banks fall short on customer loyalty in Hong Kong and Asia Pacific

Customers feel unappreciated, unrecognized and under rewarded by their banks.