Hong Kong
Credit card use spikes during the holidays
The total value of credit-card transactions in the fourth quarter of 2011 hit $117.2 billion.
Credit card use spikes during the holidays
The total value of credit-card transactions in the fourth quarter of 2011 hit $117.2 billion.
GNP, GDP improve in 4Q 2011
Hong Kong's gross national product rose 7% to $511.3 billion in the fourth quarter last year over the same period in 2010.
Mazda Hong Kong selects Vang Iek Motors as the local distributor
Vang Iek Motors (Hong Kong) Limited is pleased to announce that it becomes the distributor of Mazda Hong Kong in January. Vang Iek held a press conference today at JW Marriott, and Mr. Gary Cheung, the CEO of Vang Iek, ITOCHU Corporation - Daigen Nakajima, Vang Iek Group Macau representatives, Directors of Vang Iek, Cheng Kin Shing and Cheng Kin Ming also attended today’s press conference. Mr. Cheung explained the main reason of Vang Iek to be the distributor of Mazda Hong Kong, “our extensive experience and enthusiasm in auto-sales industry as well as outstanding sales performance and professionalism of Mazda Macau, is one of the reasons why Mazda believe in us”. As an entrepreneur of a sizable corporation with 77 years’ history in Macau, Vang Iek are devoted to provide exceptional after-sales service and it is our utter wish to score full confidence from our customers in Hong Kong. We have been partnering with Mazda for over 46 years, and we forge a closer tie this year as we become Mazda distributor in Hong Kong. We sincerely hope that our business expansion in Hong Kong will deliver prominent success in the future.
Hong Kong banks tough enough, says Fitch
Fitch Ratings believes Hong Kong banks will withstand potential losses resulting from a new global economic slowdown.
The personal touch remains the best way to grow a business
Social networking may be fine but good old person-to-person contacts are even better.
Quintessentially Events Asia to handle Britain's The GREAT campaign
A star-studded launch party will be held on May 10 at Watermark to showcase the diversity of culture and talent in GREAT Britain.
Hong Kong employees work too hard
70% of Hong Kong's employees don't stop working--even at home.
BEA opens 31st branch in Guangdong
Hong Kong-based Bank of East Asia maintains its standing as the indigenous Chinese bank with the largest branch network in Guangdong.
Retail has a good fourth quarter
Tourism helped drive-up Hong Kong’s retail earnings during the fourth quarter of 2011.
Basel III to be implemented in 2013
No pain, no gain for Hong Kong’s banking industry.
“Ganbei!” to Jackie Chan Moutai
But does it have a kick like its namesake?
Hong Kong now has world’s most expensive office space
It tops the world for the costliest business spaces displacing London.
Foreign currency reserves rise
Hong Kong's official foreign currency reserves amounted to US$294.7 billion at the end of February, up US$1.9 billion on January, the Monetary Authority said.
MTR Corporation profit up 22%
Net profit attributable to equity shareholders increased to HK$14.716b.
Li leads list of Asian billionaires
After a lapse of seven years, Hong Kong billionaire Li Ka-shing is again Asia’s richest person.
HSBC sells general insurance business in Hong Kong
AXA will become the exclusive provider of general insurance products to HSBC’s customers in Hong Kong.
Hong Kong to soon allow some Japanese food imports from Fukushima
Hong Kong will soon remove some restrictions on food imports from Japan imposed because of the nuclear crisis caused by the nuclear accident at Fukushima Prefecture.
Commentary
LandsD 'area model' idea makes sense for the San Tin Technopole
Hong Kong’s tertiary education policy shift ignites co-living growth