Hong Kong Heading Towards Ubiquitous Computing Society
October 31, 2008 – With the city’s broadband wireless infrastructure developing rapidly, Hong Kong is making headway towards becoming a ubiquitous computing society, said Acting Government Chief Information Officer, Mr. Stephen Mak. |
Hong Kong Government Supports R&D Work
October 31, 2008 – The Hong Kong Special Administrative Region Government (HKSARG) has budgeted about US$346.15 million (HK$2.7 billion) for the first five years to support the operations and research and development (R&D) activities of its five R&D centers, said Deputy Commissioner for Innovation and Technology, Mr. Gordon Leung. |
Financial results for First Six Months of 2008-2009 Financial year
October 31, 2008 – The Hong Kong Special Administrative Region Government (HKSARG) had expenditures of US$16.47 billion (HK$128.5 billion) and revenue of US$10.24 billion (HK$79.9 billion) for the period April – September 2008, resulting in a deficit of US$6.23 billion (HK$48.6 billion). |
Hong Kong Exchange Fund Totals US$182.85 Billion
October 31, 2008 – Assets of the Hong Kong Exchange Fund amounted to US$182.85 billion (HK$1,426.3 billion) on September 30, 2008. This is US$2.87 billion (HK$22.4 billion) higher than at the end of August 2008, according to the Hong Kong Monetary Authority. |
“Three Links” will Reinforce Economic Momentum
October 29, 2008 – Hong Kong should not worry about the implementation of “Three Links”, which, in fact, would bring new momentum and opportunities to the economic development of the Mainland, Taiwan and Hong Kong, said Hong Kong Financial Secretary, Mr. John C. Tsang today. |
Finance Committee Approves Enhancement Measures to SME Funding Schemes
October 28, 2008 – The Finance Committee of the Hong Kong Legislative Council approved today a series of enhancement measures to the SME (Small and Medium Enterprises) Funding Schemes. The enhancement measures aim to provide greater support to SMEs in the midst of the global financial turmoil. |
Hong Kong Chief Executive Appoints Members of Task Force on Economic Challenges
October 28, 2008 – Hong Kong Chief Executive, Mr. Donald Tsang, will chair the first meeting of the Task Force on Economic Challenges on November 3 in response to the global financial tsunami. |
Hong Kong Commissioner Speaks on U.S.-Hong Kong Relations
October 22, 2008 – Hong Kong is prepared and ready to shoulder its part of the obligation to work with governments around the world in tackling the challenge of the current financial turmoil. |
A Showcase of Hong Kong Cuisine in “New York Celebrates Hong Kong” Festival
October 22, 2008 – The grand finale event of the “New York Celebrates Hong Kong 2008” festival was held earlier this evening, capping the celebrations of Hong Kong’s diverse culture and creative entrepreneurship in New York City. |
Hong Kong’s Unemployment Rate Rose to 3.4%
October 20, 2008 – Hong Kong’s seasonally adjusted unemployment rate increased to a provisional 3.4% for the period July - September 2008, up from 3.2% in the previous three-month period, according to the latest labor force statistics released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government. |
Director of HKETONY Officiates at New York Premiere of “Silver Rain”
October 17, 2008 – The Director of the Hong Kong Economic & Trade Office, New York, Ms. Monica Chen today officiated at the New York premiere of “Silver Rain”, a production by the City Contemporary Dance Company of Hong Kong (CCDC). |
Hong Kong Secretary for Development Officiates at Lecture on Global Designs in New York
October 16, 2008 – Hong Kong Secretary for Development, Mrs. Carrie Lam officiated at the lecture “Asian Arts and Culture - A New Vision: Chinese Spirit, Global Design” held at the Asia Society in New York this evening, marking another event under the auspices of the “New York Celebrates Hong Kong 2008” festival. |
International Symposium Opens as Part of New York Celebrates Hong Kong 2008 Festival
October 15, 2008 – As part of the New York Celebrates Hong Kong 2008 festival, a reception was held today (October 15, New York) at the Skyscraper Museum to celebrate the opening of a three-day international symposium in conjunction with the exhibition of “Vertical Cities: Hong Kong | New York at the Museum. Hong Kong Secretary for Development, Mrs. Carrie Lam will deliver a plenary speech on the October 17. |
Chief Executive Delivers 2008-09 Policy Address
October 15, 2008 – Delivering his 2008-09 Policy Address, "Embracing New Challenges," to the Legislative Council, Chief Executive Donald Tsang today unveiled a number of measures to address the global financial crisis, protect the public interest and upgrade Hong Kong's quality of life. |
Hong Kong Chief Executive Announces New Initiatives to Upgrade Quality of Life
October 15, 2008 – Hong Kong Chief Executive, Mr. Donald Tsang, has today in his annual Policy Address announced new initiatives to upgrade the quality of life in Hong Kong. |
Hong Kong Will Emerge Stronger from Current Crisis
October 15, 2008 – Hong Kong Chief Executive, Mr. Donald Tsang, delivering his annual Policy Address to the Legislative Council today said that Hong Kong people’s resilience will help the city emerge stronger from the current global financial tsunami. |
Hong Kong Financial Secretary Announces New Measures to Support Confidence in the Hong Kong Banking System
October 14, 2008 – Hong Kong Financial Secretary, Mr. John C. Tsang, announced today two new precautionary measures to further strengthen confidence in Hong Kong's banking system: |
Veteran Cantonese Opera Performer Introduces Cantonese Opera to New Yorkers
October 13, 2008 – To tie in with the two Cantonese opera performances under the “New York Celebrates Hong Kong 2008” festival, and to offer a deeper look at the Cantonese opera art form, the Hong Kong Economic and Trade Office, New York arranged for Cantonese opera veteran Danny Li and performer Pui-Yan Li to host a Cantonese opera workshop today at Parsons the New School for Design. |
Hong Kong Secretary for Home Affairs Opens Chinese Opera Premiere in New York
October 11, 2008 – The first Cantonese opera presentation under the “New York Celebrates Hong Kong 2008” festival by a popular Hong Kong opera troupe, Ming Chee Sing Chinese Opera Company, was officially opened tonight (October 11) by Hong Kong Secretary for Home Affairs Tsang Tak-sing. |
Hong Kong Secretary for Home Affairs Launches “New York Celebrates Hong Kong 2008” Festival
October 10, 2008 – “New York Celebrates Hong Kong” comes to live in the heart of New York City. A 30-second vignette highlighting the festival and showcasing Hong Kong’s cosmopolitan culture and economic vitality is being screened prominently on the NBC Universal’s Jumbo Tron in bustling Times Square, bringing the campaign to the heart of New York City. |
Hong Kong Government Supports Developing Radio Frequency Identification Technology
October 9, 2008 – Hong Kong Secretary for Commerce and Economic Development, Mrs Rita Lau, said today that with the clear objective of making Hong Kong a regional hub of innovation and technology, the Hong Kong Special Administrative Region Government had been working consistently to promote the development of technology in areas where Hong Kong had a competitive edge. |
Hong Kong Monetary Authority to Adjust the Formula for Determination of the Base Rate
October 8, 2008 – The Hong Kong Monetary Authority (HKMA) announced today an adjustment in the methodology for the determination of the Base Rate in Hong Kong. The Base Rate is the reference on which the interest rates charged by the HKMA for different types of borrowings by licensed banks through the Discount Window are calculated. Overnight borrowings through the Discount Window, for example, are charged the Base Rate and term borrowings are charged at a premium over the Base Rate. |
Hong Kong’s Foreign Currency Reserves at US$160.6 Billion
October 8, 2008 – Hong Kong’s foreign currency reserves stood at US$160.6 billion at the end of September 2008, according to the Hong Kong Monetary Authority (HKMA), compared to US$158.1 billion at end-August 2008. |
New York Celebrates Hong Kong 2008 Festival Launches
October 1, 2008 – The Hong Kong Economic and Trade Office in New York, the representative office of the Hong Kong Special Administrative Region (HKSAR) Government today (October 1, 2008, New York time) announced the launch of the New York Celebrates Hong Kong 2008 Festival (the festival) – a month-long celebration of Hong Kong’s creativity and economic vitality held throughout New York City.
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