Hong Kong
New legislation to enhance lift and escalator safety
New legislation to enhance lift and escalator safety
The Lifts and Escalators Bill has been gatted to further enhance lift and escalator safety in Hong Kong.
Building danger claim rejected
The Housing Department has refuted a press report claiming structural settlement affecting two buildings in Pak Tin Estate is a danger to tenants.
Redevelopment initiative reaps 47 applications
Government to conduct a mid-term review of the new measures to fine-tune the policy or implementation issues and to facilitate better use of existing industrial buildings.
Hong Kong and Guangdong discuss fish policy
Hong Kong talks about enhancement of liaison and co-operation on fisheries development with the officials of the Chinese province.
HKEx has new board composition
Financial secretary reinstates Hui Chiu-chung and Lee Tze-hau while appointing John Harrison.
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.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong
Hong Kong universities drive market shift: strategic acquisitions for student housing
Innovation at a Crossroads: Hong Kong's Needed Tech Transformation