Hong Kong
Tang Palace first half profit up 2.6% to RMB24mn
Tang Palace first half profit up 2.6% to RMB24mn
Strategic expansion of restaurant network boosted revenue by 35% to RMB369.3mn and drives future growth.
American Express and Groupon Hong Kong join forces
Collaboration between companies in Hong Kong enables new ways for consumers to take advantage of rewards points.
Salaries of Hong Kong CEOs grew 19% in 2010
The real estate sector paid Hong Kong executives the most, with total cash compensation amounting to RMB 7.3m.
“Stay calm”: Professor KC Chan
The Secretary for Financial Services & the Treasury said this amidst the European debt crisis and a seemingly looming recession in the US.
Scheme $6,000 forms now available for download
Registration forms can also be obtained from more than 1,100 branches of the 21 participating banks.
Tender for South Bay Road site to open 23 September
The private residential lot has a site area of 1,338 square metres.
Jobs galore: Total employment up by 15,200
The figure for May-July was a record high of 3.6 million.
Hong Kong’s private residential rents shoot to 14-year high
Private residential rents averaged HK$20.1/sqft in June, the highest recorded since September 1997.
The jobs are plenty but few are qualified: 93% of HK employers struggling to fill vacancies in finance
Although 30% of companies intend to increase their full-time staff in 2H11, finding skilled professionals remains a challenge.
Hong Kong’s real estate investment volumes drop 6.6% to US$ 2.4b
With retail investments accounting for 54% of all transactions.
Hong Kong becomes the lender for Chinese firms
This is amidst the central government’s attempt to lower the inflation rate.
Bonjour Holdings profit up 67%
Profit amounted to HK$496m.
Agile Property to meet annual sales target
This is despite purchase restrictions affecting a quarter of the developer’s projects.
Daphne International targets 15% growth in same-store sales
The projected year-on-year rise will counter increasing expenses.
Home prices likely to fall further in China
This is amidst entry of new supply prior to the peak of the sales season.
Hong Kong’s inflation may have surged to 8.6% in July
Standard Chartered says inflation will continue its seasonal uptrend from August onwards.
AsiaSat’s profit up 20% to HK$367m in 1H 2011
And turnover for the first half of the year amounted to a whopping HK$802m.
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Strategic location tips for playgroups and education centres