Hong Kong

Hong Kong-based finance professionals received an average bonus increase of 25% for 2010 compared with the previous year but 33% are dissatisfied with their 2010 bonuses.

The move may be seen by existing employees as a sign of positive culture.

Investors and tourists of both parties to pay lower taxes and transport fees under the pact.

Visible trade deficit rises to $88.9bn in fourth quarter 2010 as imports of goods increasing faster than exports.

Economists see inflationary pressure to further increase in the coming months as global food and commodity prices remain elevated.

Last year, Hong Kong average hotel room rates rose by 33% or $929, compared to a 2% global average.

The Kai Tak blocks, developed by the URA, will comprise 23 storeys on a 1.1-hectare site and will be divided into different vertical zones.

The State Council has approved the promotion of Deputy Director of Immigration Chan Kwok-ki to Director from March 28.

This is compared with the 6.7% increase in the third quarter and for last year as a whole, GDP grew 6.8% in real terms.

The company also purchases LPG carrier Panva Gas to actively expand LPG business.

People can now incorporate companies and apply for business registration through the e-Registry portal.

The PC maker establishes JV with BesTV in mobile internet cloud video service.

For the entire 2010, 32% of Hong Kong's total exports to the Mainland were for outward processing; the figure was 19% for domestic exports and 33% for re-exports.

The recent unemployment rate surprised markets to the positive side in February.

For overseas businesses wanting to boost their trade and investment ties with the mainland, Hong Kong is the ideal offshore RMB centre.

This is the lowest level since July-September 2008, according to the figures released by the Census & Statistics Department.