News

IATA introduced a resolution for setting baggage allowances and excess baggage charges for journeys involving multiple carriers.

The MOU aims to deepen Hang Seng’s long-term commitment to the Mainland market.

An average of about 340,000 daily will pass through Lo Wu control point.

Approvals for primary market transactions rose 26.5% and secondary market transactions 9.9% but the number of new applications fell 10.2%.

The proposals are aimed  to  establish a statutory regulatory regime for MPF intermediaries to better protect the 2.5mn MPF scheme members.

Hong Kong's Buildings Department approved 49 building plans in February, with 17 on Hong Kong Island, 16 in Kowloon and 16 in the New Territories.

The healthy and able bodied, who will be needed to subsidize the HPS, have no clear incentive to voluntarily sign up.

A Disaster Relief Fund has been approved for two relief agencies to undertake aid projects for earthquake victims in Yunan Province and in Japan.

The fare hike is due to the Fare Adjustment Mechanism which is linked to the y-o-y percentage changes in the Composite inflation and Nominal Wage Index for transportation.

Radiation levels in Hong Kong's air and drinking water remain normal.

Japanese products constitute only a small portion of Hong Kong's food imports.

Visible trade deficit rises to $88.9bn in fourth quarter 2010 as imports of goods increasing faster than exports.

Economists see inflationary pressure to further increase in the coming months as global food and commodity prices remain elevated.

Last year, Hong Kong average hotel room rates rose by 33% or $929, compared to a 2% global average.

The company also purchases LPG carrier Panva Gas to actively expand LPG business.

People can now incorporate companies and apply for business registration through the e-Registry portal.