Hong Kong

Proposal to provide extra allowances to Comprehensive Social Security Assistance, Old Age Allowance and Disability Allowance recipients will be implemented in August and September.

The headline PMI posted 52.9 in April 2011, down from 54.9 in March.

The Land Registry received 10,386 sale and purchase agreements for all building units.

The expected growth is to be driven by growth in mobile and online shopping, said Google Hong Kong.

The unemployment rate has fallen consistently now for a year and a half, down from a peak of 5.5% in August 2009 to 3.4% in March 2011.

The total value of total restaurants sector receipts was $22.1 billion, said the Census & Statistics Department.

Total retail sales was estimated at $31.2 billion, said the Census & Statistics Department.

The statutory minimum wage is a significant milestone in the development of Hong Kong's labour policy, said Secretary for Labour & Welfare Matthew Cheung.

7% of the approved new mortgage loans were priced with reference to best lending rates.

Commerce and Economic Department looks for more effective regulatory regime conducive to the tourism sector's development.

Wages should not be below $28 starting 1 May 2011 as the Minimum Wage Ordinance took effect yesterday.

The department gathered 80,00 job opportunities at the end of March, said Secretary for Labour & Welfare Matthew Cheung.

The Census & Statistics Department's report on CPI made the company lower the fare hike.

The carrier implements corporate growth strategy, such as increasing synergies with Cathay Pacific and Shenzhen Airlines, to tackle market challenges.

Spending on housing and food goes up while residents cut expenses on transport and on clothing and footwear.

The lot, with 1,901.7 square metres site area is designated for private residential purposes.