Hong Kong Exchange Fund Totals US$158.91 Billion
March 30, 2007 - Assets of the Hong Kong Exchange Fund totaled US$158.91 billion (HK$1,239.5 billion) on February 28, 2007, according to the Hong Kong Monetary Authority. |
Celebrations for Hong Kong SAR 10th Anniversary Rolled Out
March 30, 2007 - More than 450 celebration activities for the participation and enjoyment of everyone in Hong Kong will be organized by the Government and the community to celebrate the 10th Anniversary of the establishment of the Hong Kong Special Administrative Region (HKSAR). |
Financial Results for the Eleven Months ended February 28, 2007
March 30, 2007 - The Hong Kong Special Administrative Region Government announced today its financial results for the eleven months ended February 28, 2007. |
Covansys Opens New Office in Hong Kong
March 29, 2007 - Covansys Corporation, a leading global provider of strategic outsourcing and integration services, today announced the opening of a new office in Hong Kong. The U.S.-headquartered company aims to establish a stronger presence in the Asia-Pacific region, where it sees strong demand for its IT services across the banking, financial services, insurance, retail and distribution and telecommunications markets. |
Public Consultation on Companies Ordinance’s Accounting and Auditing Provisions Begins
March 29, 2007 - The Hong Kong Special Administrative Region (HKSAR) Government today announced a three-month public consultation on the proposals to improve the accounting and auditing provisions of the Companies Ordinance. |
Dell Hong Kong Launches New Application Solution Center as part of its Continuous Investment Commitment to Hong Kong
March 28, 2007 - In a move to keep Hong Kong businesses at the competitive cutting edge with tailor-made IT solutions, Dell expanded its facilities in Hong Kong by launching an Application Solution Center (ASC) today. |
Aligned Duty-free Concessions Effective from April 1, 2007
March 28, 2007 - The quantities of tobacco and alcohol that local residents and visitors can bring into Hong Kong free of duty will be aligned from April 1, 2007. |
Recruitment of Hong Kong Volunteers for Beijing Olympic and Paralympic Game
March 28, 2007 - The Beijing Organising Committee for the Games of the XXIX Olympiad (BOCOG) today launched a recruitment campaign among residents of Hong Kong, Macau and Taiwan, as well as overseas Chinese and foreigners to serve as volunteers in the 2008 Olympic and Paralympic Games at Beijing. |
Hong Kong Rides High to Inaugurate 2008 Beijing Olympics 500-day Countdown
March 27, 2007 - The Equestrian Committee (Hong Kong) of the Beijing Organizing Committee for the Games of the XXIX Olympiad has today welcomed the 2008 Beijing Olympics by inaugurating the Countdown Clock at Kowloon Park. The 500-day Countdown ceremony was supported by Hong Kong’s elite athletes as well as the 18 District Councils and youths. |
James Tien Appointed Chairman of Hong Kong Tourism Board
March 27, 2007 - The Hong Kong Special Administrative Region Government today announced the appointment of Mr. James Tien Pei-chun as Chairman of the Hong Kong Tourism Board (HKTB) for three years from April 1. Mr Tien will succeed Mrs. Selina Chow who will retire from the board after six years of dedicated service. |
Land Auction Yields US$12.37 Million
March 27, 2007 - A plot of government land was sold for US$12.37 million (HK$96.5 million) at a public land auction held by the Lands Department of the Hong Kong Special Administrative Region Government today. This is the last public land auction for the 2006-07 financial year. |
Donald Tsang Re-elected as Hong Kong Chief Executive
March 26, 2007 - Mr. Donald Tsang has been elected the third term Chief Executive of the Hong Kong Special Administrative Region on March 25, 2007. |
Hong Kong’s GDP Up 6.8% in 2006
March 23, 2007 - Hong Kong’s Gross Domestic Product (GDP) increased 7% in real terms in the fourth quarter of 2006 over a year earlier, compared with the 6.7% growth in the third quarter. For 2006 as a whole, GDP recorded a 6.8% growth in real terms over 2005, according to the preliminary figures of constant price GDP by economic activity for the fourth quarter of 2006 and the whole year of 2006 released by the Census and Statistics Department today. |
Hong Kong Consumer Price Index Up 0.8% in February
March 22, 2007 - Hong Kong’s overall consumer prices rose 0.8% in February, compared to a year earlier, smaller than the 2% increase recorded in January, according to the Composite Consumer Price Index (CPI) statistics released by the Census and Statistics Department of the Hong Kong Special Administrative Region Government (HKSARG) today. |
Cyberport Hosts Digital Entertainment Leadership Forum 2007
March 21, 2007 - Hong Kong Cyberport hosted the fourth Digital Entertainment Leadership Forum (DELF) today. With the theme of “The (He)Art of F/X: The Future of Digital Storytelling”, DELF 2007 showcased how cinema would be moving towards digital content creation. Leading international computer animation and visual effect creators congregated at Hong Kong Cyberport to share with the participants their experiences on how to use new digital technology to create mega hits such as The Da Vinci Code, Titanic (1997 Oscar winner), and Happy Feet (2007 Oscar winner). |
Entertainment Expo Strengthens Hong Kong’s Position as the Creative Capital
March 21, 2007 - Hong Kong Secretary for Commerce, Industry and Technology, Mr. Joseph W. P. Wong, today visited the Hong Kong International Film & TV Market (FILMART) at the Hong Kong Convention and Exhibition Centre (HKCEC) to understand the latest development in film, television (TV), animation and digital entertainment services. |
Hong Kong’s Unemployment Rate Fell to 4.3%
March 20, 2007 - Hong Kong’s Unemployment Rate Fell to 4.3% Hong Kong’s seasonally adjusted unemployment rate fell from 4.4% in the November 2006 – January 2007 period to a provisional 4.3% in the December 2006 – February 2007 period. This is the lowest level recorded since mid-1998. |
Government Releases Report on Public Consultation on Competition Policy
March 19, 2007 - The Hong Kong Special Administrative Region Government today released a report on the public consultation exercise on Hong Kong’s competition policy conducted between November 2006 and February this year, which indicates there was support from the majority of respondents for the introduction of a cross-sector competition law in Hong Kong. |
Duty-Free Concessions To Change
March 16, 2007 - Effective April 1, 2007, the quantities of tobacco and alcoholic liquor that local residents and visitors can bring into Hong Kong free of duty will be aligned. |
The 2007-08 Application List for Land Sale Announced
March 16, 2007 - The Hong Kong Special Administrative Region Government today announced the 2007-08 Application List for the sale of Government land up to March 2008. |
Subscription Price for Retail Bonds Issue Announced
March 15, 2007 - Under the HK$20 Billion (US$2.56 billion) Retail Bond Issuance Program, the Hong Kong Mortgage Corporation Limited (HKMC) issued two series of Hong Kong dollar notes and two series of U.S. dollar notes and the subscription for these notes closed on March 13, 2007. |
Final Rule Issued by the U.S. Authorities Against Banco Delta Asia S.A.R.L in Macau
March 15, 2007 - The Hong Kong Monetary Authority (HKMA) notes the announcement made by the U.S. Department of the Treasury on March 14, 2007 (U.S. time) that it is issuing a final rule under Section 311 of the USA PATRIOT Act against Banco Delta Asia S.A.R.L. (BDA) in Macau, which also applies to its subsidiaries including Delta Asia Credit Limited (DAC), a deposit-taking company authorized under the Banking Ordinance (BO). |
Eu Yan Sang Announces New Hong Kong Facility for Wisconsin American Ginseng
March 14, 2007 - Eu Yan Sang International, a leading traditional Chinese medicine (TCM) company, today held a ceremony to launch its new quality assurance and processing facilities for Wisconsin American Ginseng in Hong Kong. |
Hong Kong and Shenzhen Share Experience on Development Plan
March 14, 2007 - The Planning Department of the Hong Kong Special Administrative Region Government (HKSARG) and the Shenzhen Development and Reform Bureau (SZDRB) today exchanged views and shared experiences in strategic and comprehensive transport planning. |
Land Auction Yields US$792.3 Million
March 13, 2007 - Three plots of government land was sold for US$792.3 million (HK$6.18 billion) at a public land auction held by the Lands Department of the Hong Kong Special Administration Region Government today |
Business Receipts For Service Industries Up
March 12, 2007 - Business receipts in value terms of almost all surveyed service industries increased in 2006 compared to a year earlier, according to the provisional business receipts indices released today by the Census and Statistics Department (C&SD). |
APEC Ministers Praise Hong Kong’s Work on SME Support
March 9, 2007 - At the 14th APEC SME Ministerial Meeting (SMEMM) on March 8 and 9 in Hobart, Australia, member economies praised the outreaching work carried out by government departments in Hong Kong in understanding and meeting the needs of Small and Medium Enterprises (SMEs). |
2006 Total Port Cargo Throughput Up 4%
March 8, 2007 - Total port cargo throughput rose to 60.8 million tonnes in the fourth quarter of 2006, up 3% compared to the same period the previous year, according to the Census and Statistics Department. |
Hong Kong Exchanges & Clearing’s Profit Grows 88%
March 8, 2007 - Hong Kong Exchanges & Clearing’s (HKEx) profit attributable to shareholders surged to US$323.07 million (HK$2.52 billion) last year, up 88% compared to 2005, with the total dividend per share at US$0.27 (HK$2.13). |
Hong Kong Responds to U.S. Report on Human Rights
March 7 , 2007 - In response to media enquiries, a Constitutional Affairs Bureau spokesman of the Hong Kong Special Administrative Region (HKSAR) Government responded today to comments in the U.S. State Department’s Country Reports on Human Rights Practices 2006 relating to Hong Kong’s constitutional development. |
Hong Kong’s Foreign Currency Reserves at US$136.3 Billion
March 7 , 2007 - Hong Kong’s foreign currency reserves stood at US$136.3 billion at end-February, according to the Hong Kong Monetary Authority, up from US$133.7 billion a month earlier. |
New Retail Bond Issue Offered
March 5 , 2007 - The Hong Kong Mortgage Corporation (HKMC) has launched a new retail bond issue with four series of notes, which are open for subscription March 6 to 13. |
New York’s Favorite Pizza Set to Satisfy Hong Kong Appetites
March 2 , 2007 - The traditional taste of New York pizzas – freshly baked with imported New York ingredients - arrived in Hong Kong today with the opening of the first Famous Famiglia restaurant at the SkyPlaza, the new passenger facilities of Hong Kong International Airport. |
Cyberport to Host Digital Entertainment Leadership Forum 2007
March 1 , 2007 - Hong Kong Cyberport Management Company Limited (Cyberport) proudly presents the annual Digital Entertainment Leadership Forum (DELF) 2007 on March 21 (Wednesday) for the fourth consecutive year. With this year's theme of “The (He)Art of F/X: The Future of Digital Storytelling”, international award winners with significant global reputation in special effects, digital cinema and animation will come and share their valuable experiences in utilizing the technology in a number of Hollywood and international productions. |
Two Valid Nominations Received During Chief Executive Election Nomination Period
March 1 , 2007 - The nomination period for the third term Chief Executive election, which started on February 14, ended at 5 p.m. today (Hong Kong time). |