News
Surplus of $60bn to $80bn may be achieved for the full FY2011
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.
Government urged subsidy support
The enhanced scheme can benefit more people while ensuring the scheme's long-term sustainability and proper and fair use of public money.
Hong Kong credit card receivables up 12% to $87.5bn
Year-end spending and payment of salaries tax boosted credit card use.
Commentary
Strategic location tips for playgroups and education centres
Innovating CSDs: What Hong Kong can learn from Euroclear Cash+
How student hostels conversion projects can qualify as social loans