News

Private residential building projects contributed the most to the growth of gross value of construction works at private-sector sites, which totalled $7.3bn.

Industrial production for manufacturing industries as a whole increased 3.5% in the first quarter while producer price index surged 8.2% in the same period.

 The Centre for Food Safety will prohibit the import and supply of DrinkaZine Energy Watt Sports Drink.

The airline provides enhanced access to China, UAE’s second largest trade and economic partner.

Carrier introduces travel experience that enhances convenience of customers flying from Hong Kong.

Hong Kong Association of Banks will implement the second batch of 11 credit card reform measures.

Under Secretary for Education Kenneth Chen says the Government will improve the inspection of textbooks to lower the threshold for new textbook publishers. Introducing competition in the textbook industry will provide better quality and more reasonably priced teaching materials to schools.

Hong Kong’s seaborne cargo up 3% to 43.2mn tonnes, while river cargo down 6% to 19.5mn tones.

The company expects revamped website with more easily accessible interface to remain premier resource for residential property in Hong Kong.

Among the major changes are deletion of one residential tower and a three-level podium and removal of a basement carpark to reduce development bulk.

Approval of 24 applications for pre-sale consent for uncompleted residential units and 2 applications for uncompleted commercial developments are still pending.

Hong Kong incurred no unsettled forward contracts at the end of April and May.

The deal aims to cover 2 destinations in Mexico as it further expand reach to Latin America market.

The impact of the Special Stamp Duty introduced in November on all sales with a holding period of less than 24 months is said to have faded.

The luxury goods company taps China market, which is seen to be the world’s third-biggest market for luxury goods in 5 years.

The first contract will be a 1 kilo gold futures contract providing physical delivery in Hong Kong.