June 19, 2013
Share Chief Executive CY Leung met Hunan Governor Du Jiahao at Government House today. Mr Du is in town to attend the Hunan (Hong Kong) Investment & Trade Promotion Week. Mr Leung told him Hong Kong has a large pool of talent and rich management experience in the financial and service sectors, and can help Hunan attract investors. He said economic ties between Hong Kong and the province have grown closer under the Hong Kong-Mainland Closer Economic Partnership Arrangement, or CEPA. He said he hopes Hunan can continue to implement the various measures under... [Read the full story]
June 13, 2013
Share Students from the Cantonese Opera Academy will perform the Cantonese opera Legend of the White Snake in July. The academy's opera students including Leung Sum-yee, Wan Pak-kei, Ng Tsz-ching, Leung Fei-tung and Jackie Leung as well as musical accompaniment and Chinese percussion students will perform in the show. The performance will be staged at 7.30pm on July 13 at the Ko Shan Theatre. Click here or call 2268 7367 for details. Read Article Read More →
June 19, 2013
Share The composite interest rate increased by one basis point to 0.26% at the end of May, from 0.25% at the end of April. The Monetary Authority said the rise reflected increases in the weighted funding cost for both deposits and interbank funds. The composite interest rate is a measure of the average cost of funds of banks. Data from retail banks, which account for about 90% of the total customers' deposits in the banking sector, are used in the calculation. Read Article Read More →
June 14, 2013
Share The water quality at 15 beaches is rated ‘good’, while 21 were rated ‘fair’ and one was rated ‘poor’, the Environmental Protection Department said today. Trio Beach has been upgraded from ‘fair’ to ‘good’, and Stanley Main Beach has been upgraded from ‘very poor’ to ‘fair’ since last week. Hap Mun Bay Beach and Middle Bay Beach have been downgraded from ‘good’ to ‘fair’, while Pui O Beach has changed from ‘fair’ to ‘poor’. The department said the temporary deterioration of water quality for Stanley Main Beach was... [Read the full story]
June 19, 2013
Share Customs officers have arrested four men after seizing 120,000 illicit cigarettes in Yuen Long worth $300,000, and with a duty potential of $200,000. Officers raided a storehouse on Tai Shu Ha Road West today and found the cigarettes. The arrested men are aged 30 to 40. Read Article Read More →
June 19, 2013
Share The Government is conducting a new round of the Manpower Projection exercise using 2012 as the base year for forecasting labour supply and requirements up to 2022, Secretary for Labour & Welfare Matthew Cheung says. Its findings will be released by the first quarter of next year. Mr Cheung told lawmakers today the projection to 2018 published last year foresees a slight shortfall in the overall manpower supply in Hong Kong by 2018. It is estimated there will be a shortfall of about 22,000 workers in the upper secondary, craft, technician and sub-degree... [Read the full story]
Share The composite interest rate increased by one basis point to 0.26% at the end of May, from 0.25% at the end of April. The Monetary Authority said the rise reflected increases in the weighted funding cost for both deposits and interbank funds. The composite interest rate is a measure...[Continue reading: Interest rate rises to 0.26%]
Share A 10-cent surcharge the MTR Corporation Limited collects for each rail journey taken using an Octopus card to cover the cost of installing platform safety equipment is expected to stop next year, Secretary for Transport & Housing Prof Anthony Cheung says. In reply to a lawmaker’s...[Continue reading: MTR surcharge to cease in ’14]
Share The Joint Working Group under the Closer Economic Partnership Arrangement (CEPA) held its first meeting in Guangzhou yesterday. Representatives of the Hong Kong, Central, and Guangdong Governments held interactive discussions, and tabled positive and constructive recommendations...[Continue reading: CEPA working group meets]
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