Hong Kong
Hong Kong tourism showed strong rebound in 2010
Hong Kong welcomed 36.03 milliom arrivals in 2010, up 21.8% over 2009.
Hong Kong tourism showed strong rebound in 2010
Hong Kong welcomed 36.03 milliom arrivals in 2010, up 21.8% over 2009.
Hong Kong ranks 8th largest foreign currency holder
Hong Kong's official foreign currency reserve assets amounted to US$268.7 billion in December 2010.
HK issues 6 pre-sale consents
19 applications for pre-sale consent for uncompleted residential units and three applications for uncompleted commercial developments were being processed as of December.
Shangri-La to open new hotel Colombo, Sri Lanka
“Pearl of the Indian Ocean” is a testimony of the Sri Lanka’s economic boom since its president ended domestic conflict.
Hong Kong Resources Holdings sales up 29% to HK$537mln
Sales in Hong Kong and Macau markets up 56% during the said period, while sales in China increased 25%.
Economy strengthens with PMI at highest in 8 months
The private sector was fed by new orders which rose to an impressive 58.7 and headline PMI which jumped to 55.0.
Hong Kong to introduce reverse mortgage scheme
Survey says 44% of respondents supported the introduction of reverse mortgages in Hong Kong.
World Bank issues first Chinese renminbi bond in HK
The lender has provided Hong Kong with another strong endorsement of its renminbi bond market as the latter continues to develop itself as a key offshore RMB centre.
Purchase agreements for building units jumped 21.5% in 2010
The number of sale and purchase agreements for all building units received for registration was 162, 739, the Land Registry said.
Housing Authority maintains sound financial position
The authority vows to continue managing its finances efficiently to ensure cost-effectiveness after it expected to have a surplus in the consolidated operating accounts.
Residential units sales dropped 26% in 2010
11,790 sale and purchase agreements for all building units were received for registration in December.
Hang Seng to achieve international environmental certification at all street-level branches
90 per cent of the bank’s office premises are ISO 1400 showing its commitment to protect the environment.
2010 Hong Kong IPO fund-raising size achieves HK$445bn record
SMEs lead in 2011 as they want to take the opportunity to secure investment funds from a HK listing to expand their business.
Transport complaints jump 20% in 3Q 2010
The Transport Complaint Unit received 4,927 complaints and suggestions from July 1 to September last year.
Mayer Brown JSM promotes four lawyers to consultants in Hong Kong
The appointments are effective as of 1 January this year.
Exchange fund foreign assets up $111.8 bln in November
The Exchange Fund's foreign assets grew to reach $2.3914 trillion.
HK earns $17.2 bln surplus from taxes
Expenditure for the eight-month period amounted to $195.7 billion with revenue of $212.9 billion.
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