Hong Kong
Azores Corp opens regional headquarters in Hong Kong
Azores Corp opens regional headquarters in Hong Kong
Azores Corporation opened its regional headquarters inside the Hong Kong Science and Technology Parks. It will provide service support and develop application software for its clients in the region.
MTRC profit up 25% to $12.06bn
The sale of units at Le Prestige at LOHAS Park, The Palazzo in Fo Tan and Lake Silver in Wu Kai Sha boosted the company’s property development profit.
73% of employers in Asia Pacific lack a strategy for developing women leaders:Mercer
More than two-fifths of the employers surveyed said their organisations do not offer any activities or programmes targeted to the development needs of women leaders.
Hong Kong signed health pact agreement with Shenzhen
The agreement will enhance co-operation on quarantine and health measures at boundary control points.
79% of adults in Hong Kong think that growth of China is good for their economy
87% even say that China will be the most influential economy in the next ten years.
MTR Corporation picks Verizon to facilitate information-asset protection
Verizon will enable MTR’s 14,000 employees to quickly and consistently identify, classify and encrypt sensitive company information.
HKEx to extend trading hours
9:30am to 4pm schedule will be implemented from March 7 after series of simulation sessions showed positive results.
HK retail sales value increased by 28% in January 2011
Total retail sales value rose to $37.6 billion in January, according to the Census & Statistics Department.
MPFA explains relevant MPF information in leaflets
The MPFA has published three MPF leaflets to explain important details in relevant MPF documents. It includes the Fund Fact Sheet and Annual Benefit Statement.
Broadcasting Authority invites scrutiny of Radio Codes of Practice
The Broadcasting Authority invites the public to express their views on its proposed Radio Codes of Practice. It relates to standards of ancillary visual service to be provided in conjunction with the digital audio broadcasting service, currently expected to be launched later this year.
New arbitration ordinance takes effect on June 1
The new Arbitration Ordinance will come into operation on June 1, 2011.
Hong Kong entered 2011 as the most expensive office location in the world
Occupancy costs per workstation in Hong Kong's prime district of Central and Admiralty surged by 31% year-on-year in 2010.
Headline PMI eased to 53.7 in February 2011
February new orders fell to 54.1 from 58.1 in January while February employment index jumped to 52.6 compared to 51.1 in January.
Each Hong Kong permanent resident to receive $6,000
75% reductions in salaries tax and tax under personal assessment, capped at $6,000, will also be given to each permanent adult.
Building sales dropped 7.6% year-on-year in February 2011
A total of 12,401 sale and purchase agreements for building units were received in February.
Dragonair to increase flights to southern Taiwan city and Mainland China
The number of flights to the southern Taiwan city will rise from 32 per week to 42.
Minimum MPF income may rise to $5.5k
If the move is approved, Statutory Minimum Wage implementation will not cut the take-home pay of workers whose current monthly income is fewer than $5,000.
Commentary
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