Hong Kong

Rents in Central market down for 7 straight months

Prime 'AAA' rents are 20% below peak levels.

First-hand Sales Ordinance now in effect

Addresses misrepresentation and dissemination of false or misleading information.

Anna Wu heads Competition Commission

Thirteen other persons appointed to commission.

Hong Kong Express to become low-cost carrier

Intends to complete transformation by the third quarter of this year.

Marine Department eyes reformation

Amidst Lamma Island ferry tragedy.

Consumer confidence in Hong Kong climbs to 108 points

Spike in mainland visitors remained a booster.

Customs seized $24m worth of illegal tobacco

Syndicate used a container headed to Australia.

Government eyes shopping bag ban

Violators will be charged 50 cents per bag.

RMB deposits in Hong Kong edged up 2.5%

But overall foreign currency deposits dipped.

Hong Kong and Sharjah to promote foreign investments

Sign a Memorandum of Understanding to forge a strategic investment partnership.

Langham Hospitality to do Hong Kong IPO

Intends to raise some US$700 million.

What you have to know about Hong Kong’s new data privacy regime

The Personal Data (Privacy) Amendment Ordinance (“Amendment Ordinance”) was passed in October 2012, with the provisions relating to the use of personal data for direct marketing becoming effective as of 1 April 2013. The long-awaited data privacy reforms encapsulated in the Amendment Ordinance reflect years of public consultations and legislative deliberations. Interestingly, some of the new restrictions in the Amendment Ordinance are more onerous and stringent than those of its Western counterparts (e.g. in the UK).

8 food items failed safety measures

It didn't meet chemical and microbiological requirements.