Hong Kong

Sale by public tender of office building with estimated monthly rental income of HK$1.3mn to close on 28 April.

The MOU aims to deepen Hang Seng’s long-term commitment to the Mainland market.

An average of about 340,000 daily will pass through Lo Wu control point.

The Labour Department released the statutory minimum wage reference guidelines to aid employers and workers in understanding the Ordinance's practical application.

The appointees to replace outgoing members for two years starting April 1.

Approvals for primary market transactions rose 26.5% and secondary market transactions 9.9% but the number of new applications fell 10.2%.

The proposals are aimed  to  establish a statutory regulatory regime for MPF intermediaries to better protect the 2.5mn MPF scheme members.

Growth trend seen to continue as proposed JV between the company and Guangdong Materials Group would enhance and refine its collection network.

The total gross area of the 2nd to the 4th floor comprises approximately 10,350 sq ft.

Customers in the 16 Lehman Brothers' Minibond distributing banks will recover much higher amounts of their initial investments.

Hong Kong's Buildings Department approved 49 building plans in February, with 17 on Hong Kong Island, 16 in Kowloon and 16 in the New Territories.

The healthy and able bodied, who will be needed to subsidize the HPS, have no clear incentive to voluntarily sign up.

A Disaster Relief Fund has been approved for two relief agencies to undertake aid projects for earthquake victims in Yunan Province and in Japan.

Spiking rental for commercial spaces in HK has recently raised the question mark on the continued attractiveness of HK as the destination for Asia setup.

Patrice Conxicoeur and Julie Koo are appointed as Global Head of Isurance Coverage and Head of Institutional Business, Asia Pacific, respectively.

The fare hike is due to the Fare Adjustment Mechanism which is linked to the y-o-y percentage changes in the Composite inflation and Nominal Wage Index for transportation.