Hong Kong

Tsang is cautious of the surge in overall property prices in February that surpassed the 1997 peak as he pledged to observe developments in the property market.

Auction for residential sites on Stubbs Road, Begonia Road and in Ngau Tam Mei to take place on May 12 at Queen Elizabeth Stadium.

The proposal takes into account the 12.8% inflation adjustment since the limit was set back in 2001.

The MPFA today obtained an order for payment of outstanding MPF contributions of $456,362.74 against an employer at the District Court.

Good Faith Security Management was fined $173,000 at the Kwun Tong Magistracy after being convicted of offences under the Mandatory Provident Fund Schemes Ordinance.

The group expands financial operations to consolidate its position as leading Chinese financial group, operating in China, Hong Kong and Taiwan.

The glass maker expands northern China market focusing on float glass and solar glass.

The group has not sourced any materials and products from Japan in the past three months.

Under the National 12th Five-Year Plan will also explore further collaboration between the laboratories of Mainland and Hong Kong approved under the Partner State Key Laboratory Programme.

The deal further promotes popularity of its animation brands through new commercial arrangements

Companies tendering for government service contracts must comply with the statuory minimum wage rate, and include one paid rest day a week.

The carrier to operate five weekly flights to and from Hong Kong and Fukuoka, while its twice-weekly Okinawa service to resume on 3 July.

The company enhanced its new facilities will bear a 0.91% per annum interest margin and will mature on 11 April 2016.

Yet future uncertainties brought about by geopolitical tensions in the Middle East and repercussions from Japan earthquake may bring down overall confidence in buyers’ payment ability.

Widening gap between the first and second highest office occupancy costs seen as prices continue to soar.

The agency plans to boost monitoring of the business plans and funding strategies of authorised institutions as banks’ HK dollar loan-to-deposit ratio rose from 71% to 78%.