Hong Kong
OOCL revives Atlantic Express Service
OOCL revives Atlantic Express Service
The revised rotation of the service will be Hamburg-Antwerp-New York-Hamburg.
Lenove third quarter profit up 25% to US100mn
The computer manufacturer posted highest-ever market share in China of 32.2% while worldwide shipments increased 20.6%.
51% of Chinese companies likely to make an acquisition
Chinese companies possess the means, motivation and opportunities to speed up the hunt for acquisitions in 2011.
Tiger Airways and South East Asian Airlines to start new daily flights between HK and Manila
The new route will offer low fares to tourists, business travellers and Filipinos working abroad on the important link between the Philippines and China.
Hong Kong airport named world's best for fifth consecutive year
Hong Kong International Airport also came third in both the Asia-Pacific region and overall categories.
Hang Seng Indexes names Paul Pong Advisory Committee member
The founder and managing director of Pegasus Fund Managers Limited, has over 20 years’ experience in the wealth management, fund management and securities industry.
China Mobile and Vodafone forge strategic partnership
The two companies sealed strategic co-operation framework agreement to continue exchange of innovative ideas with each other.
IATA calls for a third runway in Hong Kong
The body appeals to the government for protection of Hong Kong’s connectivity by beefing up airport capacity.
Cyrium Technologies opens Hong Kong office
CPV cell developer Cyrium Technologies has opened its new office in Hong Kong.
New $500 banknotes to be launched
The Monetary Authority will put new $500 banknotes into circulation on February 22. They will be available for exchange at Hong Kong's three note-issuing banks. The $1,000 banknotes of the new series have been in circulation since December 7 and banknotes of the other three denominations of $100, $50 and $20 will launch between late 2011 and early 2012. The new banknotes have advanced security features, including a dynamic colour-changing pattern, colour-changing windowed metallic thread, standardised enhanced watermark, fluorescent see-through pattern and fluorescent serial number.
Hong Kong population rose 0.9% in 2010
There were 6,885,300 usual residents and 212,300 mobile residents in the past year.
Hua Xia Healthcare posts third quarter profit of HK$43.6mn
The group’s acquisition of Huihao Group has become its significant income stream driver which continues to deliver satisfactory results.
Financial secretary names Carlson Tong non-executive director
Tong’s experience and expertise in the accountancy and the financial-services fields qualified him for the post.
Hong Kong 2010 exports up 18%
The prices of total goods exports rose 4.7% while the prices of goods imports went up 6.4%.
Cathay Pacific to increase flights to Milan
Routes to Paris, Jakarta, Surabaya, Penang, Bangkok and Delhi are also enhanced.
Ocean Park visitors up 30% during New Year holidays
Hong Kong's Ocean Park welcomed around 380,000 visitors during the Chinese New Year holidays from Feb. 3 to Feb. 13. This is an increase of 30 percent from a year ago, thanks to the new flagship theme zone "Aqua City" opened in late January.Chairman of the Ocean Park Allan Zeman said in a media luncheon Monday that visitors from Chinese mainland and overseas accounted for about 74 percent of the total tourists, while the number of local guests jumped over 70 percent from a year earlier.The Park has been maintaining the in-park capacity to about 10 percent below the maximum instantaneous in-park capacity of 36,300 to cope with the pressure of large groups of visitors during the busy festival holidays.Zeman said the Park expects to welcome the 100 millionth guest since inception within the next two weeks.In addition, the Park has witnessed its first-ever penguin birth on Dec. 31, 2010. It was the first penguin that was born in Hong Kong. The newly-fledged penguin will be living in the Park's planned Polar Adventure theme zone to help the public learn about the conservation messages related to the polar region.
Hong Kong office rents jumped 8.5% in 4Q 2010
As of 4Q 2010, Hong Kong occupancy costs are just US$0.04 below Tokyo's occupancy costs.
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