Exchange Fund Amounts to US$312 Billion
March 31, 2011 - Total assets of the Exchange Fund amounted to HK$2,433.9 billion (US$312 billion) as at February 28, 2011, according to the Hong Kong Monetary Authority (HKMA). This is HK$71.1 billion (US$9.1 billion) lower than at the end of January 2011. |
Financial Results for 11 Months Ended February 28, 2011
March 31, 2011 - The Hong Kong Special Administrative Region Government announced today its financial results for the 11 months ended February 28, 2011. |
Launch of Renminbi Fiduciary Account Service
March 31, 2011 - The Hong Kong Monetary Authority (HKMA) welcomed today the launch of the Renminbi (RMB) Fiduciary Account Service, which is a new arrangement to facilitate Participating Banks to better manage their credit exposure to the Clearing Bank for RMB business in Hong Kong. |
Results of the Hong Kong PhD Fellowship Scheme 2011/12 Announced
March 30, 2011 - The Research Grants Council (RGC) announced today the results of the Hong Kong PhD Fellowship Scheme 2011/12. |
WHO Holds Technical Meeting on Classification of Traditional Medicine in Hong Kong
March 30, 2011 - About 50 experts from the World Health Organization (WHO) and six countries including Australia, China, Korea, Japan, the Netherlands and the United States today joined local experts in Hong Kong in a six-day meeting to further discuss and develop the International Classification of Traditional Medicine (ICTM) project. |
Strong Rebound for FDI inflows to Hong Kong
March 25, 2011 - The latest 2010 full year Foreign Direct Investment (FDI) figures for Hong Kong saw a sharp increase of 32 percent year-on-year, registering a record FDI inflow of HK$535.3 billion (US$68.6 billion). Hong Kong's FDI stock valued at the end of 2010 reached HK$8.5 trillion (US$1.08 trillion), also representing a significant increase of 17.5 percent year-on-year. The latest figures from Census and Statistics Department underscore Hong Kong's continued ability to attract FDI and reinforce its status as one of the world's top FDI destinations. |
Hong Kong Consumer Prices Rose 3.7%
March 24, 2011 - According to the Census and Statistics Department of the Hong Kong Special Administrative Region Government, Hong Kong’s overall consumer prices rose by 3.7% in February 2011 compared with the same month a year earlier. This is slightly larger than the corresponding increase (3.6%) in January 2011. |
Hong Kong’s Unemployment Rate Falls to 3.6%
March 17, 2011 - According to the latest labor force statistics released today by the Census and Statistics Department of the Hong Kong Special Administrative Region Government, the seasonally adjusted unemployment rate decreased from 3.8% in November 2010 - January 2011 to a provisional 3.6% in December 2010 - February 2011. The underemployment rate declined from 1.8% to a provisional 1.7%. |
Statistics on Vessels, Port Cargo and Containers for Fourth Quarter of 2010
March 8, 2011 - In the fourth quarter of 2010, Hong Kong’s total port cargo throughput increased by 8% compared with a year earlier to 70 million tonnes. Within this total, both inward and outward port cargo rose by 8% to 39.8 million tonnes and 30.1 million tonnes respectively, according to the latest statistics on vessels, port cargo and containers for the fourth quarter of 2010, released by the Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government today. |
Hong Kong’s Foreign Currency Reserves at US$272.7 Billion
March 7, 2011 - Hong Kong’s official foreign currency reserve assets of Hong Kong amounted to US$272.7 billion at the end of February 2011, according to the Hong Kong Monetary Authority (HKMA), compared with US$273.2 billion at end January 2011. |
Azores Corp Opens Regional Headquarters in Hong Kong to Better Serve Its Customers in Asia
March 4, 2011 - Azores Corp today celebrated the official opening of its regional headquarters in Hong Kong. Located inside the Hong Kong Science and Technology Parks (HKSTP), Azores Asia Ltd will provide service support and develop application software for its clients in the region. |
Hong Kong’s Under Secretary for Financial Services and the Treasury Highlights Hong Kong’s Role as Global Financial Centre to New York Audience
March 1, 2011 - Hong Kong Under Secretary for Financial Services and the Treasury, Ms Julia Leung, today said that Hong Kong has a unique role in helping US-based financial services businesses grow in China and the rest of Asia. |