Hong Kong
Shangri-La Hotels and Resorts opens Shangri-La Hotel Paris
Shangri-La Hotels and Resorts opens Shangri-La Hotel Paris
The group’s first property in Europe blends Asian hospitality with French art de vivre starting 17 December.
Overall consumer prices up 2.6%
The rate of increase in October was mainly due to higher increases in private housing rentals and the prices of food.
Central government to issue RMB8bln sovereign bonds
The issuance is expected to further develop offshore renminbi business by enlarging the scale of the renminbi bond market in Hong Kong.
Jeju Air operates extra HK-Seoul flights in December
The airline will operate extra flights on Monday and Saturday during the period of 11 – 27 December 2010.
Z-Obee launches proposed Taiwan Depository Receipts listing
The company offers 80mln units of TDR at between NT$10 and NT$12 per unit to raise gross proceeds of up to NT$960mln.
China Metal Recycling establishes JV with Tianjin industry leader
Becomes the largest resources recycling platform in Northern China with annual production capacity of 5,000,000 tons.
Hong Kong upbeat on positive IMF forecast
Despite projected 6.75% economic growth, HK remains vigilant and continue to deal with the challenges that monetary policies in the developed economies present.
Comba finishes construction of wireless systems for Asian Games stadiums
The company supplied and installed all indoor distributed antenna systems (DAS) for wireless coverage at Haixinsha Island.
China Rongsheng HK IPO more than 22.6 times subscribed
Final offer price set at HK$8 per share as trading starts 19 November 2010.
95% of Hong Kong’s private buildings now insured
New building management regulation requires all owners' corporations to procure and keep in force third-party insurance.
Late and default business payment stabilising
70% of enterprises finding financing easier to obtain despite caution on rising materials cost and deteriorating payment performance within the clothing and electronic industries.
Hong Kong boosts UK business growth in China
HK's robust financial regulatory regime enhances its attractiveness as an international financial centre, especially as an offshore renminbi centre.
SME loan guarantee scheme to end
The scheme to cease effect this yearend, as the lending environment has improved.
IDT International’s ‘Oregon Scientific ifc Flagship Store’ opens
Branded Business of Oregon Scientific has diversified its product lines into Health and Wellness products.
Hope on the horizon for Hong Kong’s lethargic job market
Hong Kong's unemployment rate might have held steady at 4.2% for the three-month period to October, but HSBC says the headline number hides more positive signs of structural improvements.
HSBC inaugurates new Internet banking security device
The lender’s new security device offers added level of security and protection for online customers.
Cathay Pacific staff to avail annual salary increase of 4.5%
The airline also gives year-end salary increment, 13th month pay and further profit share after seeing remarkable growth.
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