Hong Kong Monetary Authority to Provide Liquidity Assistance to Licensed Banks in Hong Kong
September 30, 2008 – The Hong Kong Monetary Authority (HKMA) announced today five temporary measures for providing liquidity assistance to licensed banks in Hong Kong. With effect from Thursday (October 2) for a period of six months until the end of March 2009, the HKMA will provide liquidity assistance, on request from licensed banks, through the following five measures:
|
Hong Kong Government to Finance Development of New Cruise Terminal
September 30, 2008 – The Hong Kong Special Administrative Region Government today announced a decision to finance development of the new cruise terminal at Kai Tak to ensure that the first berth would begin operation in mid-2013. |
Hong Kong Government Releases Report on Public Consultation on Competition Law
September 30, 2008 – The Hong Kong Special Administrative Region Government today released a report on views collected during the recent public consultation on the detailed proposals for a competition law. |
Hong Kong Exchange Fund Totals US$179.98 Billion
September 26, 2008 – Assets of the Hong Kong Exchange Fund amounted to US$179.98 billion (HK$1,403.9 billion) on August 31. This is US$333.33 million (HK$2.6 billion) lower than at the end of July 2008, according to the Hong Kong Monetary Authority. |
Hong Kong to Host 2009 WHO Regional Committee Meeting
September 26, 2008 – The Regional Committee for the Western Pacific of the World Health Organization (WHO) today passed a resolution accepting Hong Kong as host of the 60th session of the committee in September 2009. |
Hong Kong Reaffirmed as Asia's Leading City for International Business
September 25, 2008 – Hong Kong's status as one of the world's leading destinations for foreign direct investment (FDI) and sources of outward FDI has been reaffirmed by the World Investment Report 2008, released today by the United Nations Conference on Trade and Development. |
Seminar on Services Liberalization under Supplement V to CEPA and Guangdong Pilot Measures
September 22, 2008 – The Hong Kong Special Administrative Region Government (HKSARG), the Ministry of Commerce of the People’s Republic of China and the Provincial Government of Guangdong today jointly organized a forum to announce details and implementation arrangements for services liberalization measures under Supplement V to CEPA as well as the measures to start in Guangdong on a pilot basis. |
Hong Kong’s Unemployment Rate Remains at 3.2%
September 18, 2008 – Hong Kong’s seasonally adjusted unemployment rate stood at a provisional 3.2% for the period June – August 2008. This is the same as that in May – July 2008, according to latest labor force statistics released today by the Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government (HKSARG). |
Financial Secretary: Global Competition Shifts to Creativity and Innovation
September 17, 2008 – Hong Kong Financial Secretary, Mr. John C. Tsang, said today (September 17) that global competition had shifted from a situation where price was the major determinant, to a world where creativity and innovation take the lead. |
Hong Kong Remains World's Freest Economy
September 16, 2008 – Hong Kong remains the world's freest economy according to the findings of the Economic Freedom of the World: 2008 Annual Report released today by the Cato Institute. This marks the 12th consecutive year Hong Kong has topped the ranking. |
Paralympic Equestrian Events An Inspirational Success
September 12, 2008 – Speaking after completion of all Paralympic Equestrian Events today, Hong Kong Chief Secretary for Administration, Mr. Henry Tang said Hong Kong had staged the most successful Paralympic Equestrian competition. He also described the competition as an inspirational occasion which has left the city with an Olympic and Paralympic legacy. |
Bay Area Resident Won Hong Kong Olympic & Paralympic Equestrian Events - Trivia Question Contest
September 11, 2008 – Ms. Tina Cox-Prasad from the Bay Area won the Hong Kong Olympic & Paralympic Equestrian Events - Trivia Question Contest hosted by the Hong Kong Economic and Trade Office in San Francisco. |
Leading Hosting Provider Sets Up Asia Headquarters and Data Center in Hong Kong
September 8, 2008 – Rackspace Hosting (Rackspace), the world’s leading provider of IT hosting, today announced the launch of its Asia headquarters and data center in Hong Kong to meet global customer demand. |
Hong Kong’s Foreign Currency Reserves at US$158.1 Billion
September 8, 2008 – Hong Kong’s foreign currency reserves stood at US$158.1 billion at the end of August 2008, according to the Hong Kong Monetary Authority (HKMA), compared to US$157.7 billion at end-July 2008. |
Wal-Mart Sets Up Asia Regional Headquarters in Hong Kong
September 3, 2008 – Wal-Mart Stores, Inc. announced the establishment of its new Asia regional headquarters in Hong Kong today. |
Hong Kong Ready for Paralympic Equestrian Events
September 2, 2008 – Hong Kong Secretary for Home Affairs, Mr. Tsang Tak-sing, said today (September 2) that after the successful conclusion of the Olympic Equestrian Events, the Hong Kong Special Administrative Region Government would do its best in preparing for the Beijing 2008 Paralympic Games Equestrian Events so as to realize the goal of “Two Games, Equal Splendour”. |
| |