Hong Kong Exchange Fund Totals US$180.66 Billion
July 31, 2008 - Assets of the Hong Kong Exchange Fund amounted to US$180.66 billion (HK$1,409.2 billion) on June 30. This is US$5.05 billion (HK$39.4 billion) lower than at the end of May 2008, according to the Hong Kong Monetary Authority. |
Financial Results for the First Three Months of 2008-2009 Financial Year
July 31, 2008 - The Hong Kong Special Administrative Region Government had expenditures of US$7.65 billion (HK$59.7 billion) and revenue of US$5.53 billion (HK$43.2 billion) for the period April to June 2008, resulting in a deficit of US$2.11 billion (HK$16.5 billion). |
S&P’s Decision to Upgrade Ratings Welcomed
July 31, 2008 - The Hong Kong Special Administrative Region Government today welcomed Standard & Poor’s (S&P’s) decision to upgrade Hong Kong’s long-term foreign- and local-currency sovereign ratings to “AA+” from “AA”, with “Stable” outlook. |
Director of Hong Kong Economic and Trade Office, New York Rings
Closing Bell at NASDAQ to Celebrate the 18th Annual Hong Kong Dragon Boat Festival in New York
July 30, 2008 - The Director of the Hong Kong Economic and Trade Office in New York, Miss Monica Chen presided over today’s (July 30, New York time) closing bell ceremony at the NASDAQ stock market in New York to celebrate the 18th Annual Hong Kong Dragon Boat Festival in New York. |
Further Services Liberalization Under Closer Economic Partnership Arrangement
July 29, 2008 - The Hong Kong Special Administrative Region Government and the Central People’s Government (CPG) today (July 29) agreed on further services liberalization under the Mainland and Hong Kong Closer Economic Partnership Arrangement (CEPA). |
First Batch of Horses Arrive Remarkably Well
July 28, 2008 - After a half-day journey from Amsterdam, the first batch of 13 horses arrived remarkably well on July 26 morning (July 26) at their six-star stable accommodation in Hong Kong Olympic Equestrian Venue (Sha Tin). |
Hong Kong Secretary for Home Affairs Inspects Transportation Arrangements
of First Batch of Olympic Equestrian Horses
July 28, 2008 - Hong Kong Secretary for Home Affairs, Mr. Tsang Tak-sing inspected the arrangements for transporting the first batch of Olympic Equestrian horses to the stables at the Olympic Equestrian Venue in Sha Tin after their arrival in Hong Kong on July 26. |
Weather Website for Olympic and Paralympic Equestrian Events Launched
July 25, 2008 - The Hong Kong Observatory is ready to provide weather services to the Olympic and Paralympic Equestrian Events, including the launch of a special weather website [http://olympic.weather.gov.hk/index.htm] today for the public and event personnel. |
Hong Kong Consumer Price Index Up 6.1%
July 21, 2008 -Hong Kong’s overall consumer prices rose 6.1% in June 2008 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) today. |
Anti-money Laundering Groups Recognize Hong Kong Efforts
July 21, 2008 -Hong Kong's efforts against money laundering and counter financing of terrorism regimes have been recognized in a mutual evaluation report published today by the Financial Action Task Force on Money Laundering (FATF) and the Asia/Pacific Group on Money Laundering (APG). |
Seventh Meeting of Guangdong/Hong Kong Expert Group on Protection of Intellectual Property Rights
July 18, 2008 -The Guangdong/Hong Kong Expert Group on the Protection of Intellectual Property Rights has agreed to step up co-operation to raise the intellectual property (IP) awareness level of the public and enterprises in both places. |
Hong Kong Olympic Trail, Olympic Green Open Today
July 18, 2008 -Hong Kong Chief Executive Mr. Donald Tsang today officiated at the opening ceremony for the Hong Kong Olympic Trail and Olympic Green at Pak Mong, Lantau Island. |
Top Officials Participate in Drill for Equestrian Events
July 18, 2008 -Hong Kong’s Chief Secretary for Administration, Mr. Henry Tang, and Secretary for Security, Mr. Ambrose S K Lee, today participated in the last of a series of exercises to prepare Hong Kong for the 2008 Olympic and Paralympic Equestrian Events in August and September. |
Hong Kong’s Unemployment Rate Stable at 3.3%
July 17, 2008 - Hong Kong’s seasonally adjusted unemployment rate stood at a provisional 3.3% for the period April - June 2008. This is the same as that in the previous three-month period, according to the latest labor force statistics released today by the Census and Statistics Department (C&SD). |
Anti–Inflation Measures Proposed
July 16, 2008 - Hong Kong Chief Executive Donald Tsang has announced a series of short-term relief measures to alleviate inflation. They involve the spending of US$1.41 billion (HK$11 billion) from the government coffers. |
HK Young Athletes Win Six Medals at 2008 International Children’s Games in San Francisco
July 14, 2008 - The Hong Kong, China, Delegation to the 42nd International Children’s Games in San Francisco achieved remarkable results winning six medals including two gold, one silver and three bronze. |
New Market Opportunities to Attract More Overseas and Mainland Investors to Hong Kong
July 14, 2008 - Hong Kong Chief Executive, Mr. Donald Tsang, highlighted two new market opportunities attracting companies to Hong Kong, at a reception organized by Invest Hong Kong (InvestHK) earlier today. |
New Secretary for Commerce and Economic Development Appointed
July 14, 2008 - The Central People’ Government, on the nomination and recommendation of Hong Kong Chief Executive, Mr. Donald Tsang, on July 12 approved the appointment of Mrs. Rita Lau Ng Wai-lan as the Secretary for Commerce and Economic Development (SCED) and the removal of Mr. Frederick Ma from the post of SCED. |
2007-08 Government Final Accounts
July 11, 2008 - The accounts for the Hong Kong Special Administrative Region Government for the 2007-08 financial year, which ended on March 31, 2008, were gazetted today. |
Hong Kong Takes Part in Asian Anti-Soccer Gambling Operation
July 10, 2008 - Hong Kong Police have taken part in a joint operation code-named “SOGA” and led by Interpol in May and June this year to crack down on illegal soccer bookmaking activities in Asia. |
Arrangements for 2008 Legislative Council Election
July 10, 2008 - The Legislative Council election in Hong Kong will be held on September 7 when 60 members will be returned, 30 by geographical constituencies and 30 by functional constituencies. |
Re-Tender for Development of a New Cruise Terminal in Hong Kong
July 9, 2008 - The Hong Kong Special Administrative Region Government today announced it would re-tender for the development of a new cruise terminal at Kai Tak, with the Government funding the site formation works and facilities required for the provision of necessary government services. |
Hong Kong International Airport Ready for Olympic Visitors
July 9, 2008 - Hong Kong Permanent Secretary for Home Affairs, Mrs. Carrie Yau, toured the Hong Kong International Airport in Chek Lap Kok today (July 9) to inspect the hospitality and security arrangements in the Airport for the equestrian events to be staged in Hong Kong. |
Vice President Praises Hong Kong Search and Rescue Efforts
July 8, 2008 - Vice-President Xi Jinping of the People’s Republic of China today ended his visit to Hong Kong by meeting members of government departments that had taken part in search and rescue efforts in Sichuan after the May 12 earthquake. |
Live Sites to Boost Atmosphere of Olympic Games
July 8, 2008 - The Leisure and Cultural Services Department (LCSD) of the Hong Kong Special Administrative Region (SAR) Government will organize Olympic Live Sites in Victoria Park and Sha Tin Park from August 8-24 to enhance the Hong Kong atmosphere of the Beijing 2008 Olympic Games and provide a variety of free cultural, sports and leisure programs to the public. |
Hong Kong’s Foreign Currency Reserves at US$157.6 Billion
July 7, 2008 - Hong Kong’s foreign currency reserves stood at US$157.6 billion at the end of June 2008, according to the Hong Kong Monetary Authority (HKMA), compared to US$159 billion at end-May 2008. |
Vice President Xi Visits Sha Tin Equestrian Venue
July 7, 2008 - Vice-President Xi Jinping of the People’s Republic of China inspected the Hong Kong Olympic Equestrian Venue in Sha Tin on July 6 afternoon, following a visit to the Beas River facility. |
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