Hong Kong and Macao to Step Up Cooperation
June 30, 2008– Hong Kong Financial Secretary, Mr. John C. Tsang, today (June 30) had a high-level co-operation meeting in Macao with the Secretary for Economy and Finance of the Macao Special Administrative Region (SAR), Mr. Tam Pak Yuen, to discuss the latest progress and future direction of co-operation between Hong Kong and Macao. |
Hong Kong Exchange Fund Totals US$185.71 Billion
June 30, 2008– Assets of the Hong Kong Exchange Fund amounted to US$185.71 billion (HK$1,448.6 billion) on May 31, 2008. This is US$2.44 billion (HK$19.1 billion) lower than at the end of April 2008, according to the Hong Kong Monetary Authority (HKMA). |
Financial Results for First Two Months of 2008-2009 Financial Year
June 30, 2008– The Hong Kong Special Administrative Region Government (HKSARG) had expenditures of US$4.96 billion (HK$38.7 billion) and revenue of US$4.23 billion (HK$33 billion) for the period April to May 2008, resulting in a deficit of US$730.76 million (HK$5.7 billion). |
Third Consultation on Companies Ordinance Rewrite Launched
June 26, 2008– The third public consultation on the Companies Ordinance rewrite, covering share capital, the capital maintenance regime and statutory amalgamation procedure, was launched by the Government o on June 26. |
Hong Kong Chief Secretary Leads Steering Committee for Reconstructionin Sichuan Earthquake
Stricken Areas
June 26, 2008– Hong Kong Chief Executive, Mr. Donald Tsang, today announced the establishment of the Steering Committee on the Hong Kong Special Administrative Region’s (SAR) Support for Reconstruction in the Sichuan Earthquake Stricken Areas, to be chaired by the Chief Secretary for Administration, Mr. Henry Tang. |
Hong Kong-Guangdong Cooperation Joint Conference Holds 11th Working Meeting
June 23, 2008– Hong Kong’s Chief Secretary for Administration, Mr. Henry Tang, and the Vice-Governor of Guangdong Province, Mr. Wan Qingliang, co-chaired the 11th Working Meeting of the Hong Kong/Guangdong Co-operation Joint Conference in Hong Kong this afternoon (June 23). |
Nominations for LegCo Election to Open on July 19
June 20, 2008 – The nomination period for the 2008 Legislative Council election in Hong Kong will run from July 19 to August 1.
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Hong Kong Consumer Price Index Up 5.7%
June 20, 2008 – Hong Kong’s overall consumer prices rose 5.7% in May 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 (June 20). |
Hong Kong Tops Global Enabling Trade Index
June 18, 2008 – Hong Kong leads the world in terms of enabling trade, according to a report that measures and analyses factors enabling trade in 118 industrialized and emerging economies around the world released today by the World Economic Forum. |
Hong Kong’s Unemployment Rate Stable at 3.3%
June 17, 2008 – Hong Kong’s seasonally adjusted unemployment rate stood at a provisional 3.3% in March - May 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). |
Hong Kong Chief Executive Promotes City as the ‘Perfect Choice’ for Business or Leisure Travel
June 13, 2008 – Hong Kong is the ‘perfect choice’ for business or leisure travel and is determined to constantly improve its appeal and product for visitors from around the world, says the Chief Executive of the Hong Kong Special Administrative Region, Mr. Donald Tsang. |
Hong Kong’s s Foreign Currency Reserves at US$159 Billion
June 10, 2008 – Hong Kong’s foreign currency reserves stood at US$159 billion at the end of May 2008, according to the Hong Kong Monetary Authority, compared to US$159.9 billion at end-April 2008. |
Hong Kong and Zhaoqing: Your Winning Formula for Doing Business in China
June 10, 2008 – More than 220 U.S. business executives eager to find out how best to set up their business operations in Hong Kong and China had the chance to hear first hand how to do it at a seminar in Chicago on June 9. |
Total Port Cargo Throughput Up 14% in First Quarter 2008
June 6, 2008 – In the first quarter of 2008, Hong Kong’s total port cargo throughput increased by 14% compared to a year earlier to 62.6 million tonnes, according to the latest statistics released by the Census and Statistics Department of the Hong Kong Special Administrative Region Government. Within this total, inward and outward port cargo grew 12% and 17% compared to a year earlier to 36.3 million tonnes and 26.3 million tonnes respectively. |
Olympic Public Health Drill Concludes
June 6, 2008 – The overall preparedness and response of the Hong Kong Special Administrative Region Government and related organizations to public health incidents during the 2008 Olympic and Paralympic Equestrian Events was put to the test today during a full-scale exercise. |
Hong Kong’s International Investment Position for 2007
June 3, 2008 – Hong Kong’s international investment position (IIP) remains strong with net external financial assets of US$521.88 billion (HK$4,070.7 billion) at end-2007, up US$5.25 billion (HK$41.0 billion) compared to end-2006. The figure corresponds to 252% of GDP in 2007, according to the Census and Statistics Department of the Hong Kong Special Administrative Region. |
Hong Kong Mortgage Corporation Publishes 2007 Annual Report
June 2, 2008 – The Hong Kong Mortgage Corporation Limited (HKMC) today published its Annual Report for 2007. |
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