Hong Kong
Hong Kong desperately needs the third runway: DHL
Hong Kong desperately needs the third runway: DHL
This, as passenger market grows by 6.7% from 45 million international in 2009 to 62.2 million in 2014.
Consumer inflation up, says forecast
This is said to be driven by ongoing surge in housing rents.
Expects rents to climb: DBS
Private residential rents are averaging HK$19.6/sqft, the highest since the HK$20.4/sqft peak in 1997.
Cathay Pacific and Dragonair combined May passenger volume up 1.1%
Yet cargo load down 12.9% to 138,095 tonnes behind the weakness on Japan, Shanghai and Middle Eastern routes .
China Comservice and Sybase join forces to create JV
Move to ignite telecommunications market opportunities as China Comservice to bring leading technologies, unrivaled industry expertise and access to serve China.
29% of Hong Kong’s China exports for outward processing
$125.1bn of Q1 total exports to China were for outward processing, up 18% over last year.
GDH secures US$536mn dual currency loan facility
Approval show’s lenders’ strong confidence in the prospects of the group’s businesses to provide sufficient fund to capture market opportunities.
More regulation vital to boost China banks’ business transformation
An Ernst & Young report reveals a strong balance sheet and diversified business operations will help Chinese banks meet the new regulatory standards.
BlackBerry PlayBook to be available in Hong Kong in July
The gadget offers an uncompromised, high-fidelity web experience for users to enjoy all the sites, games and media on the web.
No jobs lost after first month of minimum wage laws: HSBC
This, as employment still managed to increase by 15k to over 3.6mn.
Eligible residents to receive $6,000 handout
$38 billion is set to be approved for the “Scheme $6,000”.
Unemployment rate stands at 3.5%
The labour force grew by 17,800 to almost 4 million in March-May.
New car tax rates approved
They will be implemented when the Motor Vehicles (First Registration Tax) (Amendment) Bill 2011 is gazetted on 17 June 2011.
Exports down 4.3%
This as domestic exports saw an 8.3% decline.
Cathay Pacific launches Blackberry Playbook airline app
The carrier has already has its app even before BlackBerry PlayBook’s release in Hong Kong from early July.
Record high housing rents raise concern on Hong Kong’s competitiveness
Many corporations are feeling the effects of high rents as it increases the expatriates’ cost of living, which weakens Hong Kong’s competitiveness.
Tsang luring Victorian firms to Hong Kong
Chief Executive Donald Tsang is encouraging Victorian companies to establish take advantage of Hong Kong's position as the premier gateway to China.
Commentary
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