News

Moody's: China fuels Hong Kong's growth

Moody's: China fuels Hong Kong's growth

Moody's ascribes the strength of growth in many Asian economies in recent years to the benefits of increased integration with China.

SFC solicits views on stock exchange list expansion

The Government wants to find out public’s reaction on Government's initiative to offer tax exemptions to offshore funds engaged in futures trading.

Surplus of $60bn to $80bn may be achieved for the full FY2011

Most if not all of the to-be reported FY11 surplus could be viewed as a windfall ready to be saved or spent.

Government to relax criteria for legal aid applicants

The Chief Executive in Council has approved the government's plan to relax the criteria for assessing the financial eligibility of legal-aid applicants.

HK government mulls better credit rating rules

The government also plans to amend capital requirements for corporations licensed for Type 10 regulatory activity and connected matters.

Fuel surcharge for short-haul flights up 15%

The new maximum surcharge will be $165 for short-haul flights and $747 long-haul flights.

Hong Kong airport passengers up 10% in January 2011

Passenger traffic at Hong Kong International Airport grew to 4.3 million in January.

Subsidy scheme may raise income limit for two-member households to $12,000

A further upgrade to the Work Incentive Transport Subsidy Scheme has been proposed, said Secretary for Labour & Welfare Matthew Cheung.

51% of Chinese companies likely to make an acquisition

Chinese companies possess the means, motivation and opportunities to speed up the hunt for acquisitions in 2011.

Tiger Airways and South East Asian Airlines to start new daily flights between HK and Manila

The new route will offer low fares to tourists, business travellers and Filipinos working abroad on the important link between the Philippines and China.

Senior job ad volume down 7% in 4Q 2010

The decrease in volume was due to a recruitment slowdown in preparation for budgetary planning and bonus schemes, coinciding with the holiday period.

Hong Kong airport named world's best for fifth consecutive year

Hong Kong International Airport also came third in both the Asia-Pacific region and overall categories.

China Mobile and Vodafone forge strategic partnership

The two companies sealed strategic co-operation framework agreement to continue exchange of innovative ideas with each other.

Hong Kong population rose 0.9% in 2010

There were 6,885,300 usual residents and 212,300 mobile residents in the past year.

Hong Kong 2010 exports up 18%

The prices of total goods exports rose 4.7% while the prices of goods imports went up 6.4%.

Cathay Pacific to increase flights to Milan

Routes to Paris, Jakarta, Surabaya, Penang, Bangkok and Delhi are also enhanced.

Cathay Pacific and Dragonair passenger load factor down 2.5% in January 2011

The two airlines carried a total of 2,243,788 passengers in January, up 6.8% on the same month in 2010.