News

Last year’s total retail sales rose 18.3% in value or 15.5 per cent in volume over 2009, the Census & Statistics Department says.

Hong Kong is committed to tourism development and will invest in new facilities, attractions and tourism infrastructure.

The number of sale and purchase agreements for all building units in Hong Kong's Land Registry in January was 9,917. It is down 15.9% from December, and 19.9% year on year.   The total consideration of sale and purchase agreements was $59.1 billion, up 10.6 per cent from December and 32.1 per cent on January last year.   Of the agreements, 8,002 were for residential units, down 14.2 per cent from December and 24.9 per cent on January last year.   The total consideration for sale and purchase agreements in respect of residential units was $33.3 billion, down 16.5 per cent from December and 7.8 per cent from January last year.   The 12-month moving average for January was 13,356, which was 1.5 per cent below the 12-month moving average for December, but 14 per cent above that for January last year.   The number of searches of land registers made by the public was 502,271, up 10.5 per cent compared with December and 1.7 per cent on January last year.

Total assets of the Exchange Fund amounted to $2.3457 trillion at the end of December, down $45.7 billion on November.  

Facebook announced Tuesday the opening of its Hong Kong sale office. It will provide support for brands, agencies and companies in Hong Kong and Taiwan.  

One pre-sale consent is for a residential development and one for commercial.

Hong Kong is set to become the first and largest recipient of CNY denominated ODI flows.

The current reading is an improvement from the 55.0 posted in December 2010.

A walk-in interview session is being offered by Dragonair to look for new qualified cabin crew.

The number of sale and purchase agreements for all building units received for registration in January was 9,917.

New bank loans in the mainland during January hit US$182.89 billion, which overshot the central bank's cut-off target by at least 20 percent.

Hong Kong registered the highest annual office rents growth in Asia Pacific outranking Beijing, Singapore and Shanghai.

The sales volume of miscellaneous consumer durable goods registered the highest growth.

Thirty of Hong Kong incomes are sandwiched between private housing and the government's public rental housing. This trend is expected to continue for the next 20 years.

Singapore was overtaken by Hong Kong as the most globalised economy in the world.

The surplus in December was mainly due to the receipt of $33.8 billion in investment income on fiscal reserves.