News

Cathay Pacific to launch premium economy product

The airline wants customers of the product feel they really got value for their money.

Minimum Wage Commission to start review in Q1 2012

The needed economic and employment data will be available then.

Approved mortgage loans drop 33.7%

New applications declined 22.6% amidst fall in transaction volume in both June and July.

70% of Hong Kong netizens use the same password in multiple accounts

The survey reveals that despite rising fears of online attacks, most people do not act in response to change their risky online habits.

Hong Kong is the favorite destination of business travellers in Asia

With 38% of business travellers making business trips to the country in the first half of this year.

Workaholic Hong Kongers: Executives lead the way in burning the midnight oil

14% of Hong Kong executives work in the hotel between midnight to 6am.

SFC: We need your views

The Securities & Futures Commission is running a consultation for amendments to the Codes on Takeovers & Mergers & Share Repurchases.

Warning: Inflationary pressures to run high for a while longer

That is unless households start to react to rising prices and rein back in spending, according to an economist.

Hong Kong investors keen on China government bonds

CCB received five times more subscriptions and the subscription amount is 45 times higher than in December.

Consumer prices up 7.9% in July

Good news is electricity, gas and water prices went down mainly due to the Government's electricity charge subsidy.

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.

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.

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’s inflation may have surged to 8.6% in July

Standard Chartered says inflation will continue its seasonal uptrend from August onwards.

HSBC to arrange Chinatex’s Hong Kong syndicated loan

The partnership of the two companies to leverage HSBC’s Greater China strength.