Hong Kong
DHL invests HK$1.1bn in Asia Pacific air network expansion
Adds three 100 tonne payload B747-400 BCFs to the air network on three high capacity routes as it demonstrates commitment and growth potential in Asia Pacific.
MPF annual average return rate stands at 5.4%
The overall return of MPF has been higher than its annualised inflation rate of 0.8% since 2000.
Hong Kong and European Free Trade Association members ink free-trade pact
Trade in services, goods and in investment; and protection of intellectual property are covered in Hong Kong’s first free-trade agreement with the European economies.
Is Hong Kong’s banking sector in trouble?
The Royal Bank of Scotland says there is risk of a financial crisis after an extended period of ultra-loose monetary conditions in Hong Kong.
Office space shortage drives tenants to Singapore
A consultant went on to say that Hong Kong has not managed its land supply well. This as multinational companies expanding in Asia are said to be turning increasingly to Singapore for their regional bases.
HSBC appoints Simon Williams Group Head of Wealth Management
The Camelot Financial Capital Management LLC founder will be based in Hong Kong effective 11 July 2011.
BlueFocus Communication Group invests in Financial PR Group
BlueFocus to assist China and Hong Kong expansion of Financial PR Group, already a leading investor relations brand in Singapore and Greater China.
IMAGI stays in the red with HK$623.6mn loss
Yet the company envisions itself to be a branded family entertainment powerhouse in the Greater China area and beyond through the newly acquired Toon Express group.
Bauhaus 2010 profit up to HK$115.5mn
The Group targets to further penetrate into China market by opening 20 to 30 shops in prime cities including Beijing, Shanghai, Guangzhou and Nanjing.
Chu Kong Shipping Development enters management agreement with parent company
Leverages experience and expertise in management and operation of its parent company’s assets while it appoints Liu Weiqing as chairman.
Inflation hits 34-month high of 5.2% yoy in May
Though a touch lower than expectations for 5.3%, it still sat above market expectations for 5.0%, says HSBC.
Application for toll increase rejected
The Chief Executive-in-Council blocked the hike proposal from the New Hong Kong Tunnel Company amidst strong objection from the Legislative Council.
Overall consumer prices up 5.2% in May
And inflation is still likely to rise amid higher price pressures.
Boardroom unveils share registration service in Hong Kong
Hong Kong launch to provide customers with more choice and an opportunity to benefit from the company’s enhanced array of solutions.
Talent shortage means pay hike for Asia Pacific executives
Boards advised to look at implementing combination plans that can help companies achieve sustained growth while retaining executives.
HSBC: No slowing down in Hong Kong inflation
Price drop in energy has limited effect on inflation rate as transport makes up for only 8% of Hong Kong's composite CPI basket.
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