Hong Kong
China WindPower profit up 135% to HK$427.22mn
China WindPower profit up 135% to HK$427.22mn
Wind Power Generation in the same period triples to over 1.1bn Kilowatt-hours as aggregate wind power generation capacity in operation surged to 1GW.
HSBC unveils 3 new business centres
The lender will invest HK$75mn to expand network in coming three years and additional 48,000 sq. ft floor space this year.
JP Morgan named Margaret Yao as Asia Pacific Regional Sales Executive
She will continue to be based in Hong Kong and will report to Tom DuCharme, Chief Executive Officer, Asia Pacific, Treasury & Securities Services.
Airfreight will be one of the big drivers of Hong Kong's future success
Hong Kong is one of the key gateways to the Mainland and the airfreight market will be driven by what's happening in Mainland China.
Total port cargo throughput rose 10%
Port cargo throughput increased to 267.8 million tonnes as inward and outward port cargo rose 11% and 10% respectively.
Hong Kong will be among the fastest growing international freight markets from 2009 to 2014
Asia Pacific commanded about 45% of the global airfreight industry in 2010, said IATA.
Central Government to further upgrade Hong Kong's status as international financial centre
The draft National 12th Five-Year Plan highlighted the role of Hong Kong in the country's development.
Yuen Long site sold to Carlford Investments for $2.41bn
The site has an area of about 12,340 square metres and is designated for non-industrial purposes.
Hong Kong foreign currency reserves dip by US$500mn
Hong Kong’s official foreign currency reserve assets worth US$272.7bn represent 54% of Hong Kong dollar M3.
Dah Sing Life to expand the critical illness insurance unit
The company, a wholly-owned subsidiary of Dah Sing Financial Holdings, assigns Chief Executive Officer Eleonore Chow to lead business expansion.
Finance and accounting hiring boom seen to hamper retention efforts
9 in 10 Hong Kong employers concerned with losing star performers in the current market.
Central govt supports HK as offshore RMB center
The central government of China supports Hong Kong's efforts in building itself into an offshore RMB center.
Empowered Biz
If you have ever found yourself searching for that lost document on your computer system or in a stack on your desk you are in good company, and it may be costing you more time and money than you think.
Hospital Authority to resolve medical-staff shortages
Dr York Chow, Secretary for Food & Health, urged the Hospital Authority to work with the College of Physicians to find solutions to medical-staff shortages.
Government proposed tax rebate of 75% of salaries tax
The Government has proposed new measures to answer the feedback received since the Budget address.
EPD invites lease tenders for EcoPark Phase 2 Lots
The EPD is inviting recycling operators to submit tenders for the leases of the first batch of six lots in the EcoPark Phase 2, Tuen Mun.
Twenty consent applications for residential developments pending approval
As of end of February, 20 applications for pre-sale consent for uncompleted residential units.
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