Hong Kong
Techies splurge a whopping USD735m on smart phones in H1 2011
This is a massive 68% growth over the same period last year.
Inflation feared to reach 8% in August
With inflation accelerating to the fastest pace since 1995, an economist forecasts inflation to average 7.8 percent in the second half of 2011.
What you need to know about AIA’s new hires
There will be three new appointments to its senior management team.
Minmetals Land profit surges 390% to HK$288mn
The company seeks to sustain 331% revenue growth via long-term and prudent development strategy.
China WindPower profit up 77.9% to HK$237mn
The Group was able to operate 20 grid-connected wind power plants with total capacity of 1,114MW and an attributable capacity of 535MW.
Tongda Group profit up 18.1% to HK$102.12mn
The group maintains stable sales and profit growth amid global economic instability and aftermath of Japan earthquake.
British Airways customer service crew begins using iPads
The device enables the airline crew to offer a more personalised and innovative onboard service.
Automated Systems profit down to HK$18.8mn
The company further strengthens foothold in Asia Pacific as it introduces i-Sprint products to Hong Kong.
Eternite earns HK$100mn via placing and subscription pacts
62mn shares and subscription of 73mn shares by founder of Larry Jewelry strengthened the company’s capital base to accelerate development of retail jewelry business.
Hong Kong investors keen on China government bonds
CCB received five times more subscriptions and the subscription amount is 45 times higher than in December.
AIA Hong Kong and Macau unveils new critical illness plans
Executive Care Pro and Multiple Care Pro aimed to bridge the protection gap with the most comprehensive coverage.
Genting Hong Kong’s cruise business to sail through rough seas ahead
Its 50%-owned Norwegian Cruise Line's profitability could be squeezed by any slump in the US economy.
US retailers expanding in HK will push shop rents up
Shop rents in the Central business district could rise almost 50% by 2014.
Pace of inflation the fastest since 1995
An economist described the headline CPI figure for July as “pretty scary”.
Consumer prices up 7.9% in July
Good news is electricity, gas and water prices went down mainly due to the Government's electricity charge subsidy.
LEE KEE first half profit up 157% HK$26mn
The company continues to fortify all areas of operation to ensure further development in the future amidst volatility in the global economy.
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