Financial Results for the First Five Months of 2007-2008 Financial Year
September 28, 2007 - The Hong Kong Special Administrative Region Government (HKSARG) had expenditures of US$12.13 billion (HK$94.6 billion) and revenue of US$12.28 billion (HK$95.8 billion) in the five months ending August 31, resulting in a surplus of US$153.85 million (HK$1.2 billion). |
Hong Kong Exchange Fund Totals US$164.74 Billion
September 21, 2007 - Assets of the Hong Kong Exchange Fund totaled US$164.74 billion (HK$1,285 billion) on 31 August 2007. This is US$1.35 billion (HK$10.5 billion) higher than at the end of July 2007, according to the Hong Kong Monetary Authority. |
Asian Financial Forum Concludes Successfully in Hong Kong
September 21, 2007 - The Asian Financial Forum successfully concluded in Hong Kong today with enthusiastic exchanges among local, Mainland overseas financial services leaders and experts. |
Hong Kong’s Consumer Price Index up 1.6% in August
September 20, 2007 - Hong Kong’s overall consumer price index grew 1.6% in August 2007 compared to a year earlier, according to the Consumer Price Index (CPI) figures released by the Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government (HKSARG). This is higher than the 1.5% increase in July. |
Hong Kong’s Unemployment Rate at 4.2%
September 18, 2007 - Hong Kong’s seasonally adjusted unemployment rate increased to a provisional 4.2% in June – August 2007, from 4.1% in the previous three-month period, according to the latest labor force statistics released by the Census and Statistics Department. |
Successful Public Prosecution System Fundamental to Rule of Law
September 17, 2007 - Hong Kong places great emphasis on promoting a prosecution service that is modern, just and receptive to the concerns of the community, Chief Executive Donald Tsang said today, adding that a successful public prosecution system is fundamental to the rule of law. |
Land Auction Yields US$583.33 Million
September 17, 2007 - A plot of government land in Tai Po was sold for US$583.33 million (HK$4.55 billion) by the Lands Department of the Hong Kong Special Administrative Region Government today. This is the fifth land auction of the 2007-08 financial year. |
Expo Showcases Hong Kong's Achievements in Innovation, Technology and Design
September 14, 2007 - A five-day Expo showcasing the latest achievements of Hong Kong in innovation, technology and design began today at the Hong Kong Convention and Exhibition Centre. |
Views Sought on West Kowloon Cultural District Recommendations
September 12, 2007 - The Hong Kong Special Administrative Region Government today released the recommendation report of the Consultative Committee (CC) on the Core Arts and Cultural Facilities of the West Kowloon Cultural District (WKCD) and started a three-month public engagement exercise to explain the recommendations and to solicit views from the public. |
Hong Kong to Host Asian Financial Forum on September 21
September 11, 2007 - The Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council will co-organize the Asian Financial Forum next week to highlight and reinforce Hong Kong’s prestige as an international financial center. |
Chief Executive Speaks on Trade Issues and Climate Change at APEC Meeting
September 10, 2007 - Hong Kong Chief Executive Donald Tsang called on key players of the World Trade Organization (WTO) to resolve their differences for a breakthrough to the Doha Development Agenda negotiations. |
“Inside Hong Kong” Documentary Series to be Aired in the Bay Area
September 7, 2007 - An exciting look at one of the world’s most cosmopolitan cities is the focus of a new four half-hour episode documentary series, “Inside Hong Kong”. Hosted by Hong Kong-born Bay Area resident, producer and writer Roger Garcia, and Chinese American Mimi Chan, the series looks at different aspects of Hong Kong – a city where east meets west, and where tradition blends with the 21st century. |
Hong Kong Chief Executive Meets Secretary of State
September 7, 2007 - Hong Kong Chief Executive Donald Tsang today held a bilateral meeting with U.S. Secretary of State Condoleezza Rice in Sydney ahead of the Asia-Pacific Economic Co-operation (APEC) Economic Leaders' Meeting. |
Government Increases Shareholding in Hong Kong Exchanges and Clearing to 5.88%
September 7, 2007 - The Hong Kong Special Administrative Region Government today notified Hong Kong Exchanges and Clearing Limited (HKEx) that it has increased its shareholding in HKEx, for the account of the Exchange Fund, to beyond 5% of the share issue of HKEx. The shareholding now amounts to 5.88%. |
Financial Secretary Welcomes Publication of Annual Report of Process Review Panel for Securities and Futures Commission
September 7, 2007 - Hong Kong Financial Secretary John Tsang welcomed the publication of the sixth annual report of the Process Review Panel for the Securities and Futures Commission, which covers the work of the panel in 2006. |
Hong Kong’s Foreign Currency Reserves at US$138.3 Billion
September 7, 2007 - Hong Kong's foreign currency reserves stood at US$138.3 billion at the end of August 2007, according to the Hong Kong Monetary Authority, up from US$137.1 billion at end-July 2007. |
Hong Kong Remains World’s Freest Economy
September 6, 2007 - Hong Kong remains the world’s freest economy according to the findings of the Economic Freedom of the World: 2007 Annual Report released by the Cato Institute. This marks the 11th
consecutive year Hong Kong has topped the ranking. |
Hong Kong Shipping Register Hits New Tonnage Mark
September 4 , 2007 - The cargo throughput of the Hong Kong port has continued to increase in the past decade and the gross tonnage of ships registered in Hong Kong had now topped 35 million, said Director of Marine, Mr. Roger Tupper. |
Jack So Appointed Chairman of Hong Kong Trade Development Council
September 4 , 2007 - Hong Kong Chief Executive, Mr. Donald Tsang, has appointed Mr. Jack So Chak-kwong Chairman of the Hong Kong Trade Development Council (TDC) for two years with effect from October 1. |
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