Hong Kong

Hong Kong has the region’s most demanding bosses

Hong Kong has the region’s most demanding bosses

A study shows almost 70% of Hong Kong employers expect their staff to be available while on annual leave or out of office hours.

Hong Kong unemployment rate returns to pre-crisis level--HSBC

Despite falling to 3.4%, analysts maintain a close watch on external risks and impact of the upcoming implementation of minimum wages.

Government awarded $29mn worth of scholarship grants

514 students from nine local universities received the scholarship grants.

Unemployment rate fell to 3.4% in 1Q 2011

The labour force expanded by 3,100 from Dec-Feb period to the Jan-Mar period, and the job market absorbed more than half of the increase, with total employment up 1,800.

Hong Kong goods re-exports up 20.5%

In the first 2 months of 2011, the volume of total exports grew 19.9%, and the volume of imports rose 14%.

Hong Kong’s composite interest rate surges to 0.24%

Upward adjustments of the weighted deposit rate and interbank rates prompted the surge.

China Everbright International invests in environmental protection equipment manufacturing

The company is now capable of independently designing and manufacturing grate furnaces and automatic control systems.

China Environmental Technology enters into environmental protection framework agreement

The company to invest in Xi’an Chanba Ecological Zone Project Milestone to diversify business.

URA takes role of redevelopment facilitator

They will assist in the urban renewal and tackle the problem of urban decay in old dilapidated areas.

MPF recorded 5.5% return

The annualised rate of return recorded by the MPF system outperformed the 0.7% average annual inflation rate and the 1% one-month Hong Kong dollar deposit rate over the same period.

Hong Kong International Airport flight movements rose 15.5% in March 2011

Flight movements rose to a monthly high of 28,140 and a new single-day record of 971 flight movements was also set on March 31.

Microbial contaminated protective wipes and adhesive removers recalled

The DH endorsed Smith & Nephew Limited's proposal to recall eight types of its devices imported from the States because of potential pathogenic contamination.

AFCD cracks down on illegal online animal trade

The Agriculture, Fisheries and Conservation Department cracked down on an internet-based illegal animal trading activity in Kwun Tong. Forty-three puppies were found at the scene. They were in poor health condition and have been sent to Society for the Prevention of Cruelty to Animals for treatment.

Land transactions numbered at 17 for 1st quarter

The Lands Department registered 14 lease modifications and three land exchanges in the Land Registry in this year’s first quarter.

Trace amount of iodine, caesium detected in King's Park

The minute amount of artificial radionuclide Iodine-131 and caesium-137 has been detected in an air sample collected at King's Park.

Cathay Pacific and Dragonair March passenger volume down 2.8%

Fall in demand on Japanese route after the devastating earthquake contributed to the slight dip in number of passengers.

Monetary Authority warns public to manage interest-rate risks properly

HKMA predicts Interest rates to go up as Hong Kong is seen to follow several Asia economies raising of interest rates to combat inflation.