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2011 salary survey shows who earns what: Robert Walters

2011 salary survey shows who earns what: Robert Walters

The Hong Kong job market remained robust despite financial crisis and Robert Walters reveals who earns what.

Insurance gross premiums increased by 11.6% in 2010

Total gross premiums of the Hong Kong insurance industry in 2010 were $207.2 billion.

Construction output up 9.9% in 2010

The total gross value of construction works main contractors performed last year increased 9.9 per cent from 2009 to $110.9 billion.

Exchange Fund foreign assets grew to $2.09tn in February 2011

An increase of $53.1 billion was seen on the previous month.

Japan economy to remain resilient in quake aftermath: DBS

Government borrowing is sure to rise and given Japan’s already high (1.8x to 1.9x) debt:GDP ratio, some believe bond yields are likely to rise.

Hong Kong to check Japan food imports for radiation

Hong Kong does not depend largely on Japan for its food supply, said Secretary for Food & Health Dr York Chow.

Construction Industry urges developers to enhance working environment

The industry has found it difficult to attract young people to join the industry.

Cathay Pacific to add 27 more aircraft to fleet

The HK$51bn fleet expansion deal with Airbus S.A.S. and Boeing aims to make its fleet, advanced, highly efficient and environmentally friendly.

Revisions in budget proposals will turn surplus to deficit of $12bn

Revised budget proposals of giving $6,000 cash handouts and 75% salary tax rebates would mean a $40 billion stimulus package to consumption and growth.

Govt seeks approval to submit revised interim funding motion

The government will submit a revised motion seeking a $60 billion interim funding allocation for initial expenditure.

Total port cargo throughput rose 10%

Port cargo throughput increased to 267.8 million tonnes as inward and outward port cargo rose 11% and 10% respectively.

Hong Kong will be among the fastest growing international freight markets from 2009 to 2014

Asia Pacific commanded about 45% of the global airfreight industry in 2010, said IATA.

Hong Kong foreign currency reserves dip by US$500mn

Hong Kong’s official foreign currency reserve assets worth US$272.7bn represent 54% of Hong Kong dollar M3.

Finance and accounting hiring boom seen to hamper retention efforts

9 in 10 Hong Kong employers concerned with losing star performers in the current market.

Central govt supports HK as offshore RMB center

The central government of China supports Hong Kong's efforts in building itself into an offshore RMB center.

Hospital Authority to resolve medical-staff shortages

Dr York Chow, Secretary for Food & Health, urged the Hospital Authority to work with the College of Physicians to find solutions to medical-staff shortages.

73% of employers in Asia Pacific lack a strategy for developing women leaders:Mercer

More than two-fifths of the employers surveyed said their organisations do not offer any activities or programmes targeted to the development needs of women leaders.