http://www.nhks.com Information concerning CMSimple plugins. en Copyright 2007, NHKS secretariat@nhks.nl http://www.nhks.nl/plugins/advancednews/rss/rss_logo.jpg http://www.nhks.com 65 35 http://www.nhks.com/?Latest_news&id=395 ING's banking business in China will focus on the corporate side, said Robert Scholten, the China manager of the company's banking division. Tue, 16 Aug 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=394 Hong Kong's shipping chief yesterday warned that the carrying of weapons on merchant ships would escalate pirate attacks and place crew at greater risk - even as he attempted to justify such actions Tue, 09 Aug 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=393 Pressure to upgrade mounts on the Pearl River Delta, China's economic powerhouse, as returns from low-end manufacturing start drying up Fri, 05 Aug 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=392 Cathay Pacific Airways has slammed as "bizarre" the European Union's plan to impose carbon emissions caps on international airlines. Airline says the EU's plan to charge for emissions encourages stopovers and will create more pollution Thu, 04 Aug 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=391 20 June 2011 – Hong Kong’s reputation as a culinary capital is as solid as its ranking alongside financial giants such as London and New York, according to author Tom Parker Bowles, son of the Duchess of Cornwall. The food writer spoke with entrepreneur Sir David Tang in London prior to their appearance at a 22 July forum during the forthcoming HKTDC Hong Kong Book Fair. Mon, 20 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=388 Robust economic growth. Low unemployment. Largely unscathed from the financial crisis. It's lucky KC Chan isn't one to gloat – he'd be pretty insufferable otherwise. Chan says that as the Hong Kong market develops with Chinese and foreign capital driving listings for the likes of Prada and Samsonite regulators will be keeping an eye on financial innovation. Tue, 14 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=389 Hong Kong Airlines Ltd. will order Airbus SAS A380s as it challenges larger neighbor Cathay Pacific Airways Ltd. and adds flights in China, the world’s fastest- growing air-travel market. Tue, 14 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=390 Samsonite International SA raised $1.25 billion on Friday after pricing its Hong Kong IPO at the bottom of a revised price range as weak global markets sapped investor demand. Tue, 14 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=387 Unprecedented request aims to determine diplomatic immunity in SARHong Kong's Court of Final Appeal (CFA) will, in an unprecedented move, turn to the National People's Congress Standing Committee (NPCSC) to seek interpretation of articles 13 and 19 of the Basic Law. Thu, 09 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=386 The French government made a "good deal" in Hong Kong's red hot property market last week, selling its official residence on the Peak for HK$580 million, their consul-general in Hong Kong and Macau said.But Arnaud Barthelemy denied it was property speculation, saying it was part of Paris's worldwide review of their real estate assets. Tue, 07 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=385 The emergence of Hong Kong as an international art hub has largely occurred as a result of the efforts of a diverse but important group of collectors, consultants, curators, gallerists and founders of art institutions who over the years have laid strong foundations and championed local and international contemporary art. Mon, 06 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=383 Debate over the internationalization of the yuan has moved forward from speculating on whether it will happen to looking at how China will manage the process. And what is the role of Hong Kong in helping the currency play a more important role in the global economy? Fri, 03 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=384 The largest food, beverage and hospitality trade exhibition in Asia, HOFEX2011 – the 14th International Exhibition of Food & Drink, Hotel, Restaurant & Foodservice Equipment,Supplies & Services, closed with impressive turnout and fosters a promising outlook on the industry. Fri, 03 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=381 Even as soaring wages send shock waves across the Pearl River Delta and force factories to move or upgrade, the president of global supplier and exporter Li & Fung sees no threat to China's status as the world's manufacturing powerhouse. Wed, 01 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=382 Bruce Rockowitz, chief executive officer of Hong Kong-based Li & Fung Ltd., the biggest supplier to retailers including Wal-Mart Stores Inc. and Esprit Holdings Ltd., talks about the company's business strategy. Rockowitz, who was made chief executive yesterday, oversaw at least 29 deals involving $3.15 billion since he became Li & Fung president in 2004, according to data compiled by Bloomberg. He speaks with Susan Li on Bloomberg Television's "First Up. Wed, 01 Jun 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=380 Fygi appears at the Cultural Centre Concert Hall on May 31 Thu, 26 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=377 Economists say that city's exporters likely to take a short term hitThe continuing European sovereign debt crisis is likely to cast a shadow on Hong Kong exporters, who will see an effect on their orders from the city's third-largest export market, economists said on Tuesday. Nevertheless, they added that the pain inflicted may only be slight and limited to the short-term. Wed, 25 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=379 Amidst great anticipation and excitement, Hong Kong Science and Technology Parks Corporation (HKSTPC) today ushered in the start of celebrations to mark its 10th anniversary. A large contingent, comprising members of industry, academia and government, as well as the board of directors and staff of HKSTPC were present at Hong Kong Science Park to celebrate the Corporation’s achievements in fostering innovation and technology development. Officiating guests included Mr John Tsang, Financial Secretary of the Hong Kong SAR; Miss Elizabeth Tse, Permanent Secretary for Commerce and Economic Development (Communications and Technology); Miss Janet Wong, Commissioner for Innovation and Technology; Mr Nicholas Brooke and Mr Victor Lo, Founding Chairman of HKSTPC. Wed, 25 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=376 Dim sum provokes passionate debate in Hong Kong. When the author took a poll among hisfoodie friends about which restaurants he should visit for this story, the suggestions came fast and furious, sparking discussion about whether we should just go for "the best" or also include places that are local institutions.Arguments about these steamed, fried or baked morsels might seem petty, but it takes years for dim sum chefs to perfect their craft. Mon, 23 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=375 Companies based in the Pearl River Delta are in trouble as everything from no electricity three days a week to rising costs puts their backs to the wall Mon, 23 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=373 As the Hong Kong General Chamber of Commerce celebrates its 150th anniversary, Chairman Anthony Wu is fully immersed in his mission to keep the city's largest and longest-standing business organization abreast of the time. He told Joseph Li that two of his strategies are to become more vocal and to be actively involved in the political scene. Fri, 20 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=374 The unemployment rate rose from 3.4% in January-March to 3.5% in February-April, while the underemployment rate increased from 1.8% to 1.9%. Fri, 20 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=371 Firm embraces organic growth to meet targetsGlobal outsourcing giant Li & Fung Ltd warned Wednesday that its business acquisition pace in the next three years may slow down while reiterating that the targets set for the three-year plan to the end of 2013 are still seen as achievable via organic growth. Thu, 19 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=372 The city will celebrate the centenary of the 1911 Revolution over the coming months with four events, details of which were announced Wednesday 18 May. Thu, 19 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=370 Yuan deposits, trade settlements and bond offerings in Hong Kong increased substantially in the first quarter, according to the Hong Kong Monetary Authority (HKMA).Bankers expect the trend to continue as investors and traders try to gain from the appreciation of the currency. Yuan deposits in Hong Kong reached 451.4 billion (HK$538.99 billion) at the end of March, up 12 per cent from a month earlier and eight times the year-earlier amount, according to a paper submitted by the HKMA to the legislature yesterday. Wed, 18 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=368 Can Chateau Latour catch Chateau Lafite? We'll find out on May 27, when vintages from Latour's cellar in Bordeaux, aged as much as 150 years, go on sale at Christie's International in Hong Kong. Tue, 17 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=369 The government on May 17 unveiled a plan to extend the 50-cent plastic bags levy so it applies to all Hong Kong's 60,000 retail shops, except those selling fresh food. Tue, 17 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=367 Hong Kong Exchanges and Clearing hopes to have the regulatory framework in place to allow business trust listings within the next few months to help level the playing field with Singapore Exchange Ltd, which already allows such listings. Mon, 16 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=366 The government has proposed opening all waterfront places at the former Kai Tak Airport as pedestrian promenades, covering nearly 11 km.An official said Friday the plans also call for the preservation of a newly discovered 130-year-old stone bridge. Mon, 16 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=365 Shares in HSBC fell in Hong Kong on Thursday, a day after the banking giant announced plans to slash costs by up to US$3.5 billion by 2013 and said it was considering selling its US branch network. Thu, 12 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=364 An entire level of The Landmark in Central is being converted into a shopping destination tailored specifically for men in a bid by owner Hongkong Land to keep the centre's status as one of the city's leading upmarket malls.Ninety per cent of the old tenants in the basement level will be replaced in the makeover. Thu, 12 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=363 Apple is the world's top brand, according to the latest research, but 12 mainland companies have significantly increased their name recognition globally, with China Mobile becoming the first mainland company to crack the top 10 at No 9. Wed, 11 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=362 Since its colonial days Hong Kong has never ceased to be a "city of dreams" for those who aspired to wealth and success. Byron Yiu Kwan-tat is living the Hong Kong dream. The 42-year-old former hawker and waiter is floating his outlet for second-hand designer handbags, Milan Station, in a HK$270 million initial public offering that is scheduled to be launched on Wednesday. Mon, 09 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=361 Hong Kong’s home carrier and Miramar Group have joined together to launch an exciting new inflight menu promotion. Starting from May, the same delectable Chinese and Western dishes found at Miramar Group restaurants will be served to First Class, Business Class and Economy Class passengers onboard Cathay Pacific flights. Thu, 05 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=358 ING Group's plan to list its insurance arms in two initial public offerings has led brokers to speculate it may well follow its peer AIA and choose Hong Kong, becoming the first Dutch firm to launch an IPO here.In 2009, ING said it would split its banking and insurance businesses with an IPO for its United States insurance business and another for its Asia and European units. Mon, 02 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=359 NHKS member Jennifer Chan, CEO of ANT Sinova, was interviewed in today's edition of the South China Morning Post. Mon, 02 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=360 The Hong Kong table tennis team was treated to a taste of Dutch playing style on 1 May ahead of the world championships which start in Rotterdam, the Netherlands, next week. Mon, 02 May 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=356 Hong Kong bosses are the toughest in the region and expect staff to work during their holidays, a study has found. Wed, 27 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=357 Moves are under way to strengthen Hong Kong's position as an international maritime centre, with at least two separate initiatives launched by the shipping and logistics sector and the government. Wed, 27 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=355 Question: Can staging a conference in Hong Kong help my company reach Chinese markets? Answer: This is the overwhelming reason why so many international associations are choosing Hong Kong Thu, 21 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=354 Filmmaker Tsui Hark was the big winner at last night's 30th Hong Kong Film Awards, as the city's A-list movie stars braved an amber-signal rainstorm to attend the annual event in Tsim Sha Tsui's Cultural Centre.Tsui's Tang dynasty thriller, Detective Dee and the Mystery of The Phantom Flame, clinched six of categories, including best director and best actress for his leading lady, Carina Lau Ka-ling. Mon, 18 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=353 Mon, 11 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=352 Airports to Expand to Meet Demand for Future GrowthSenior management of the five major airports in the Greater Pearl River Delta (GPRD) region, including Guangzhou, Hong Kong, Macau, Shenzhen and Zhuhai*, took part in the annual chairmen’s meeting held in Hong Kong today. Management of the five airports agreed to strengthen co-operation and promote sustainable development of the airports in the region. A Memorandum of Understanding (MOU) was signed at the meeting. Wed, 06 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=351 The Diamond Federation of Hong Kong and the Shanghai Diamond Exchange (SDE) plan to strengthen co-operation to lift diamond exports from Hong Kong to Shanghai to more than US$800 million this year. Fri, 01 Apr 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=349 Kwok Ho-ting became the second cyclist from Hong Kong to win a gold medal at the World Track Championships after a stunning victory in the men's scratch match in Apeldoorn, the Netherlands. Fri, 25 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=350 Maersk Line, the world's biggest container-shipping company, will slash the number of ship calls in Hong Kong by about a third starting from next month when it transfers the business to an affiliated container terminal at Nansha. Fri, 25 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=346 Hong Kong must get involved in the delta planning process or risk having its future shaped by others, says Anthony Cheung. Wed, 23 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=347 Mainland China model Liu Wen may not yet have the sizzling star power of Brazilian supermodel Gisele Bundchen, but she is leading a bevy of Asian beauties down the world's top catwalks - and onto global billboards. Wed, 23 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=348 Antiquities advisers have acted against the government's plan to demolish and seal off the entrance to an old underground toilet in Central by giving it a grade-two historic rating. Wed, 23 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=345 Macau casino developer Galaxy Entertainment Group will open its HK$14.9 billion Galaxy Macau resort on the Cotai strip on May 15 with 450 gaming tables, raising the stakes against rival operators in the world's biggest casino market. Fri, 11 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=344 Cathay Pacific Airways splashed out yesterday to boost its fleet with deals for another 27 aircraft in a move that came as the airline reported a record-breaking 2010 with all-time highs for net profit, turnover, passengers and cargo.The carrier's chairman, Christopher Pratt, said last year's profit of HK$14 billion meant Cathay Pacific was "probably the most profitable airline" in the world. Thu, 10 Mar 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=343 2010 figure a massive increase on the 2 billion yuan settled in 2009.More than 70 per cent of cross-border yuan trade settlements conducted in Hong Kong last year came from mainland buyers paying yuan to settle bills with overseas sellers in Hong Kong, according to the Hong Kong Monetary Authority. Fri, 25 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=342 Hong Kong's economy recovered well from the global economic meltdown, but still faced serious challenges - particularly rising inflation, Financial Secretary John Tsang Chun-wah warned on Wednesday 23 February. Wed, 23 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=341 ECT follows other ports in Europe as the levy is imposed worldwide, but costs will depend on measures needed. Tue, 22 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=337 Proposals to build a new airport and a nuclear power plant serving Hong Kong from north of the Shenzhen River were first made well before China and Britain began negotiating the handover of the colony in the 1970s, in attempts to improve the relationship between the two sides. Mon, 21 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=338 With passenger and airfreight volumes set to soar, Hong Kong needs to invest in a third airport runway to maintain its competitiveness and international connectivity, the head of the world's largest airline association said yesterday. Mon, 21 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=340 Falling prices of past few years makes Bordeaux attractive target for individuals, companiesUpdated on Feb 16, 2011Wealthy mainland investors, including state-owned enterprises, are queuing to buy vineyards in France. Mon, 21 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=336 Hong Kong's jobless rate fell to 3.8 per cent for the November-January quarter - the lowest level for more than two years, new figures released on Monday showed. Mon, 21 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=339 China Everbright Bank plans to sell shares in Hong Kong for the first time, in a deal that could be worth around US$7.6 billion and lead the way for more fundraising by other smaller banks. Mon, 21 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=335 The Initial Public Offerings (IPOs) in Hong Kong last year yielded a record amount of 43 billion euros, up 87 percent from 2009. Wed, 16 Feb 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=332 A block of 19th-century Hong Kong postage stamps featuring Queen Victoria's head sold for a record US$820,000 (HK$6.3 million) at a weekend auction in the territory, organisers said on Monday. Mon, 24 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=333 From cap guns, to dolls, to matchbox cars - old Hong Kong-made toys are set to be dusted down and put on display in an exhibition that will rekindle fond childhood memories for many and pave the way for the creation of a toy museum in the city. Mon, 24 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=334 Mainland computer maker Tsinghua Tongfang said on Monday that it planned to list its subsidiary Technovator in Hong Kong in the second half of this year to fund its international expansion. Mon, 24 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=331 Bosses say 30pc rises expected this year will be the last strawGuangdong plans to increase wages "more rapidly" over the next five years, a move that will accelerate an exodus of labour-intensive factories to other mainland regions or abroad. Tue, 18 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=330 Hong Kong's unemployment rate declined from 4.1 per cent in September to November last year to 4.0 per cent in October to December last year, according to figures released by the Census and Statistics Department on Tuesday. Tue, 18 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=329 Hong Kong has been named as the world's freest economy for the 17th year running by a conservative American think tank.But the organisation warns that the looming minimum wage and the proposed competition law may contribute to the city's lead being eroded, while an academic cautions that growing economic integration with the mainland might do the same. Thu, 13 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=328 Demand for quality projects for senior citizens will rise with ageing of the populationDemand for quality residential projects designed to cater for the needs of the elderly is set to rise in Hong Kong as the population ages and the wealth of retirees increases, say analysts and developers. Fri, 07 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=327 The headline HSBC Hong Kong PMI™ – a composite index designed to provide timely indications of changes in prevailing business conditions in the Hong Kong economy – posted 55.0 in December, up from 53.5 in November. This was the fifth consecutive rise in the PMI from the twelve-month low recorded in July, with the latest reading signalling a marked expansion of the Hong Kong private sector economy. Moreover, the rate of growth was above the long-run average for the series, pointing to a strong finish to the year. Thu, 06 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=324 Sports facilities on the Wan Chai waterfront will have to be demolished to make way for the Sha Tin to Central link, the largest of four domestic railway projects now underway or on which work will start soon. Wed, 05 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=325 The Dutch architectural firm OMA has moved its Asian headquarters from Beijing to Hong Kong, saying the harbour city has more of the talented professionals it needs to handle coming Asian projects. Wed, 05 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=326 OMA has announced David Gianotten as new partner in the company.Gianotten is General Manager – Architect of OMA Asia, having launched OMA's office in Hong Kong in 2009. He is project director for OMA's participation in the West Kowloon Cultural District project, a major development featuring museums, theatres, cultural production facilities and Hong Kong's biggest park. Wed, 05 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=322 The largest global port operator Hutchison Whampoa (SEHK: 0013) has lifted its stake in Shenzhen and Hong Kong container ports, the world’s third- and fourth-busiest, through an asset purchase worth more than US$700 million. Mon, 03 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=323 The Hong Kong Tourism Board (HKTB) announced that visitor arrivals to Hong Kong in the first 11 months of 2010 – which totalled 32,486,877 – are already ahead of the total 2009 arrivals, representing a 22.5%-increase year-on-year. In November alone, visitor arrivals reached 3,052,390, 17.1% more than the same month last year. Mon, 03 Jan 2011 00:00:00 GMT http://www.nhks.com/?Latest_news&id=321 The Hong Kong Observatory issued the cold weather warning on Thursday 30 December afternoon, predicting temperatures would drop during the New Year's weekend. Thu, 30 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=320 Shares of China's Zoomlion, which makes and leases heavy industrial equipment, rose as much as 6.7 per cent on debut, capping a stellar year for Hong Kong IPOs as investors chased access to China's huge and fast-growing economy. Fri, 24 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=319 Chroniclers of toy trade's growth and decline urge new focus on mainland consumers. Toys under the Christmas tree bring joy to children in this festive season. But for some years now, there has been little joy for toymakers. Fri, 24 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=318 From December 10 to February 20, 2011, you can see and feel 18 fake sculptures in the Hong Kong Museum of Art in Tsim Sha Tsui, Kowloon. The real ones will stay safe in Le Louvre in Paris. Thu, 23 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=317 Hong Kong's November Consumer Price Index rose 2.9% year on year.A government spokesman said that underlying consumer price inflation went up in November, amid a faster increase in food prices and the continued feed-through of the earlier notable rise in private housing rentals. Tue, 21 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=316 The long-gone side of Kowloon life is revealed in a new Hong Kong Heritage Project exhibition running from December 13 to February 12 at the 1881 Heritage shopping mall in Canton Road, Kowloon. The exhibition combines photos and documents with video and oral histories collected from the neighbourhood's residents. Tue, 14 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=315 Hong Kong's movers and shakers are solidly behind the introduction of a standard working week of 44 hours.A South China Morning Post/TNS survey of the city's business and opinion leaders shows 70 per cent support legislating on standard working hours, while 80 per cent favour setting the ceiling at 44 hours a week or less, as demanded by unions. Mon, 13 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=314 The humble aircraft seat may be Hong Kong's ticket to enter the fiercely competitive international aviation industry. Mon, 06 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=313 The demand for luxury goods has never gone out of style in affluent Hong Kong, but now mainlanders are joining in on the act. And their significance to the local market is increasing. Wed, 01 Dec 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=312 A 10-year contract to transform the former Police Married Quarters Site on Hollywood Road has been awarded to the Musketeers Education & Culture Charitable Foundation, Secretary for Development Carrie Lam Cheng Yuet-ngor said on Monday. Mon, 15 Nov 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=311 Hong Kong is in the middle of a recruitment drive for more lawyers, as new stock market listings and tougher compliance and regulatory requirements boost demand for legal professionals.The number of overseas lawyers admitted this year has risen more than 40 per cent. Mon, 15 Nov 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=310 Chief Executive Donald Tsang Yam-kuen told businessmen yesterday to move with the times on corporate social responsibility or risk having changes forced on them. Thu, 04 Nov 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=308 Hong Kong must maintain its peg to the dollar to avoid currency volatility and cannot contemplate a shift to a yuan peg until the Chinese currency is convertible, its former central banker said on Wednesday. Wed, 03 Nov 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=309 Goldman Sachs Group Inc. raised its 12-month target for Hong Kong’s Hang Seng Index to 29,000, saying the city has the most to gain from extra liquidity released by quantitative easing programs and China’s growth. Wed, 03 Nov 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=307 Hong Kong's luxury home prices have topped their pre-Asian crisis peak, data showed on Wednesday, frustrating government efforts to cool one of the world's most expensive real estate markets. Wed, 27 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=306 A master of business administration course organised jointly with the Hong Kong University of Science and Technology has topped an international table of business schools for the second year in a row. Wed, 27 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=304 American International Group Inc. raised a record HK$138.3 billion ($17.8 billion) in the Hong Kong initial public offering of its main Asian unit, putting the bailed-out insurer on course to repay its U.S. assistance.AIG sold 7.03 billion shares in AIA Group Ltd., or a 58 percent stake, at HK$19.68 each, the New York-based insurer said today in a filing. That makes it the largest Hong Kong public offering, exceeding the $16 billion raised by Industrial & Commercial Bank of China Ltd. in 2006, according to data compiled by Bloomberg. The AIA shares may begin trading on the Hong Kong Stock Exchange on Oct. 29, AIG said.Chief Executive Officer Robert Benmosche, 66, has said the divestment of AIA and another non-U.S. division will put AIG “well within striking distance” of repaying a Federal Reserve credit line included in the company’s $182.3 billion U.S. bailout. AIG turned to the public offering following the June collapse of a $35.5 billion deal to sell AIA to Prudential Plc after the London-based firm’s investors balked at the price.“The IPO is the biggest money in the door for AIG and the U.S., without question,” said Clark Troy, senior analyst at Aite Group in Chapel Hill, North Carolina. “Success on this sale is the biggest step towards a government exit.” Sun, 24 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=303 The Hong Kong government launched a series of activities called InnoTech Month 2010 on Friday to promote a culture of innovation and technology in the community. Sun, 24 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=305 Hong Kong's independent film festival kicks off Friday with a line-up that reflects the ever-changing landscape of China's booming cinema industry, on track to become the world's second biggest box-office earner in five years. Sun, 24 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=302 The number of overseas and Mainland Chinese companies running business operations in Hong Kong has increased 2.6 percent to a total of 6,561 companies, according to an annual survey released by Invest Hong Kong and the Census and Statistics Department (C&SD) today (October 19). Director-General of Investment Promotion, Mr Simon Galpin, said, "The results are very encouraging and reflect the rebound of Hong Kong's economy in the wake of the global financial crisis. Hong Kong continues to be an attractive city for these companies to base their operations in this part of Asia." Thu, 21 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=301 Italian fashion house Prada is considering an initial public offering in Hong Kong for the first half of next year, which would make it the first global luxury brand to list in the city. Thu, 07 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=300 Anyone anxious that Shanghai is overtaking Hong Kong as an international financial centre can heave a sigh of relief. And anyone concerned that the US dollar is falling out of favour as the world's currency of choice for trade and investment can rest easy.Despite endless breast-beating in the media about the inevitable decline of both Hong Kong and the US dollar, to which the Hong Kong dollar is pegged, there is no hard evidence that either the city or the currency is in danger of being displaced by upstart competitors.Shanghai may have surpassed Hong Kong in terms of turnover on its stock market, but it takes a lot more than a busy stock market to make an international finance centre. Tue, 05 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=298 Ritz-Carlton Hotel Hong Kong Opens in March 2011 as Highest Hotel in the World.The 5-star Ritz-Carlton, Hong Kong, which will open in March 2011, will set new heights of luxury for the city when it opens as the world’s highest hotel bringing back the legendary service and elegance of Ritz-Carlton to Asia’s world city. Mon, 04 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=299 The Census and Statistics Department (C&SD) released the latest figures on retail sales today (October 4).The value of total retail sales in August 2010, provisionally estimated at HK$26.5 billion, increased by 16.9% over a year earlier. After netting out the effect of price changes over the same period, the volume of total retail sales increased by 14.7% in August 2010 when compared with a year earlier. The relevant components of the Consumer Price Index are used as deflators. Mon, 04 Oct 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=297 The originally Dutch design and company Hypsos has designed and built the new Jockey Club Environmental Conservation Gallery at the Hong Kong Science Museum. Thu, 30 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=296 Hong Kong's competitiveness hinges on local companies adapting their experience in wholesaling and distribution in Western countries to tap the mainland's domestic market, says Victor Fung, the chairman of a high-level think tank on integration between the city and the mainland. Mon, 27 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=295 Hong Kong bankers are charging the lowest fees on record to arrange initial public offerings as firms vie for deals in a market where IPOs are raising more than in the United States and Britain combined.Initial sales by 37 companies in Hong Kong have paid average fees of 2.2 per cent this year, the lowest level since Bloomberg began tracking the data in 1999.While companies going public raised US$18.7 billion, 65% more than American IPOs, banks earned about 43 per cent less underwriting in Hong Kong, the data shows. Thu, 23 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=294 The Dutch trust company ANT has taken over trust company Sinova in Hongkong. The acquisition enables ANT Trust, the fifth largest trust company in the Netherlands, to gain a foothold in the Chinese market. Sinova was founded nine years ago by Dutch born Jennifer Chan. With offices in Hongkong, Sjanghai and Rotterdam Sinova helps European companies to start in the Chinese market and vice versa. ANT Trust has overseas offices in a.o. the Caribean, India and Japan. Mon, 20 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=291 Paul Zimmerman, that rarest of creatures, a foreigner who has won a district council seat, says his win was purely a victory for reason, carried by his reputation as a fighter for Hongkongers' rights to a better urban environment. Zimmerman, a Dutchman who has lived in Hong Kong for almost 30 years but who has far from fluent Cantonese, won the Southern District by-election on Sunday.But rather than seeing it as a new dawn for foreign residents with political aspirations in the city, Zimmerman, who is a Civic Party member and veteran conservation activist, said it was really a victory for reason because people increasingly wanted a better living environment. Tue, 07 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=292 The Civic Party's Paul Zimmerman won yesterday's Southern District Council by-election after a late run of voters boosted turnout. At 10.30pm when the poll closed, 1,982 registered voters had cast ballots, with a turnout of 39.47 per cent. Zimmerman won with 1,183 votes, while Savantas Policy Institute-backed Ellis Lau Ying-tung drew 792 votes, the Registration and Electoral Office said when the final count was through just after midnight. Tue, 07 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=293 The new Hong Kong Chamber of Commerce in the Netherlands (HKCoCNL) and the Federation of Hong Kong Industries (FHKI)have signed a cooperation agreement in Hong Kong on 2 September during the 50th anniversary dinner of the HKFI. Mr. George Ammerlaan, Chairman of the HKCoCNL and Mr Roy Chung, Deputy Chairman of the FHKI, signed the MOU in the presence of over 1200 guests including the Acting Chief Executive of the HKSAR Mr. Wong Yan-lung, Deputy Director of the Liaison Office of the Central People's Government in the HKSAR Mr. Li Guikang, Commissioner of the Ministry of Foreign Affairs in the HKSAR, Mr. Lu Xinhua, and Deputy Secretary-General of the People’s Government of Guangdong Province Mr Tan Juntie. The Dutch Consul General Mr Robert Schuddeboom, the Chairman of the Dutch Chamber of Commerce in Hong Kong, Mr Alexander de Neree tot Babberich and Member of the Advisory Board of the HKCoCNL, Ms Jennifer Chan, also witnessed the signing ceremony. Tue, 07 Sep 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=289 The pall of grief over Hong Kong was palpable yesterday, with flags flying at half mast, company nameplates and logos draped in black, the Hong Kong stock exchange struck silent for its opening minute, and even the Symphony of Lights cancelled. Wed, 25 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=290 Pick-and-mix approach to designs risks a mishmash in West Kowloon, critics warn Wed, 25 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=288 Château Margaux, a Premier Grand Cru Classé from Bordeaux, France, has set up a representative office in Hong Kong. Mr Thibault Pontallier has been appointed as its brand ambassador in Asia. Thu, 19 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=287 Scientists from the Netherlands and Hong Kong have signed an agreement to work together in mathematics, chemistry, astronomy and computer knowledge in Hong Kong on 12 August.The Dutch organisation for scientific research NWO and the Research Grants Council of Hong Kong are setting up eight travel bursaries and the money for four workshops; two in the Netherlands and two in Hong Kong. Mon, 16 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=286 Hong Kong's Gross Domestic Product rose 6.5% in the second quarter (year-on-year), following an 8% rise in the first quarter, marking the second quarter of above-trend growth. Fri, 13 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=284 The big are getting bigger.Just seven years ago, Sun Hung Kai Properties (SEHK: 0016) (SHKP) and Cheung Kong (Holdings) (SEHK: 0001) accounted for just over a third of the new private homes put up for sale.This year, seven out of 10 new homes will come from them - a near-doubling of their market share and a dramatic illustration of how the market for new homes is increasingly dominated by a handful of firms. Thu, 12 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=285 Shares of Hutchison Whampoa (0013) jumped 6 percent to HK$61.85 yesterday (11 August 2010), matching its previous high hit on September 2008, as managing director Canning Fok Kin-ning raised his stake in the conglomerate. Hutchison also had the largest turnover on the bourse yesterday. Thu, 12 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=283 Members of the public and incoming passengers are reminded to comply with the new measure on the quantity of tobacco products that they may bring into Hong Kong from August 1. From that date, a passenger over 18 can only bring in 19 cigarettes or one cigar! Tue, 10 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=282 Even the skies aren't safe from Hong Kong's shop-till-you-drop consumers - as Cathay Pacific has discovered.It might be the high altitude, or the inflight drinks, but both anecdotal and hard evidence suggest that inflight sales are heading for the stratosphere. Cathay Pacific says inflight sales have soared 35 per cent year on year in the first half, and it is keen to develop online shopping to broaden its revenue stream. Wed, 04 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=278 Hongkong and Shanghai Banking Corp posted strong growth in its Hong Kong operations in the first half of the year as pre-tax profit rose 17 per cent on the back of plunging impairment charges and robust growth in its commercial banking business. Tue, 03 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=280 HSBC reports that manufacturing in mainland China has contracted for the first time in more than a year, indicating that tighter credit curbs and a crackdown on property speculation have worked to cool the economy. Tue, 03 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=279 HSBC announced the opening of ‘Building for the Future: HSBC Main Building’, an exhibition celebrating the 25th anniversary of the completion of the iconic Hong Kong landmark. Officiating at the opening today were Mark McCombe, HSBC Chief Executive Officer Hong Kong, Carrie Lam, Secretary for Development, HKSAR Government, David Nelson, Senior Partner and Joint Head of Design, Foster & Partners, and John Strickland, former chairman of The Hongkong and Shanghai Banking Corporation Limited (1996 – 1998). Tue, 03 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=281 Hutchison Telecommunications Hong Kong Holdings, which runs both wireless and fixed-line networks, will push forward plans to deploy a higher-speed, fourth-generation cellular system after strong demand for data services boosted first-half earnings. Tue, 03 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=277 88 Mobile, a new telecom provider aimed at Chinese living in the Netherlands, will be launched in The Hague on 8 August. NHKS members can attend the opening. Mon, 02 Aug 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=276 The 9th "European Nations Championships Dragon Boat Racing Dragon Racing" will be held from 13 - 15 August on the Bosbaan in the Amsterdamse Bos. For more information, visit the website www.enc2010.com. Tue, 27 Jul 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=274 Cathay Pacific and Dragonair will join the in-flight broadband revolution when wireless internet, cellphone and live television services become available on their combined fleet of 158 aircraft two years from now. Thu, 08 Jul 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=275 Hong Kong's Airport Authority has earmarked HK$12 billion for an expansion plan aimed at ensuring it can cope with expected air traffic growth by 2020 after posting a record annual net profit and paying the government a handsome dividend. Thu, 08 Jul 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=273 Hong Kong’s role in the RMB Trade Settlement Scheme brings benefits for Hong Kong trading companies Wed, 07 Jul 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=272 For 3,000 years, traditional Chinese doctors have looked at discoloured tongues, lank hair, and skin blemishes, to diagnose conditions from diabetes to brain disease - all based on experience and a gut instinct.But now Polytechnic University's researchers are creating a digitalised computer data base of Chinese medicine practice to help diagnoses and to bring Chinese medicine to an international market. Wed, 30 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=269 Research conducted by the Hong Kong Trade Development Council (HKTDC) indicates that Hong Kong remains an operation centre for Hong Kong companies to coordinate and manage their businesses, despite an expected increase in offshore trading activities. Thu, 24 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=270 Hong Kong's exports have risen for the seventh consecutive month. Thu, 24 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=271 COS, de kleinere design winkelketen van H&M, zet begin 2011 de eerste stap buiten Europa met de opening van een winkel in Hong Kong. Thu, 24 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=267 The Hong Kong government has succeeded to attracting a large and increasing number of overseas companies in the creative sector to set up offices in Hong Kong to tap into the business opportunities in Hong Kong, Mainland China and the Asia Pacific. Dutch creative companies wishing to seize opportunities in this region should capitalise on the economic growth with a Hong Kong regional office as its Asian operation base. Tue, 22 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=268 Tax authorities from Brunei, the Netherlands, Indonesia, Hungary, Kuwait, Austria, Britain, Ireland and the mainland can seek information on local taxpayers under a growing network of bilateral tax treaties that aims to bring the city in line with international standards. Tue, 22 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=265 Alex Fong is the CEO of the Hong Kong General Chamber of Commerce, a driving force in the structure and focus on Hong Kong's economy for the past 150 years. As Hong Kong integrates more deeply into an ever-more global China, we wanted to ask Alex, who was previously in charge of security during Hong Kong's handover to the PRC, how the economic, financial, and cultural aspects of the integration are proceeding. Wed, 16 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=266 Alex Fong is the CEO of the Hong Kong General Chamber of Commerce, a driving force in the structure and focus on Hong Kong's economy for the past 150 years. As Hong Kong integrates more deeply into an ever-more global China, we wanted to ask Alex, who was previously in charge of security during Hong Kong's handover to the PRC, how the economic, financial, and cultural aspects of the integration are proceeding Wed, 16 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=262 Hong Kong is likely to overtake the United States as the world's biggest wine auction centre this year with sales of about US$100 million. Mon, 14 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=263 Three successful entrepreneurs from the Benelux testified that Hong Kong is indeed the gateway to success in Asia. They shared their experiences of doing business in Asia’s world city with other business people at half-day seminars organised by the Hong Kong Economic and Trade Office, Brussels, in Namur on 9 June and in Rotterdam on 10 June. Mon, 14 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=264 A Hong Kong Mobile Link Service for the elderly was honoured at the World Information Technology and Services Alliance (WITSA) Global ICT Excellence Awards in Amsterdam on 26 May 2010. The Mobile Link Service, a joint project by the Senior Citizen Home Safety Association and CSL Limited, won the grand prize of the Digital Opportunity Award. Mon, 14 Jun 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=261 The ivy league gloss of the mainland's elite universities appears to have lost some of its lustre in the eyes of Hong Kong's top students, admission records show. Mon, 31 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=260 Government efforts to foster six new pillar industries will receive a major boost when an enhanced free-trade pact between Hong Kong and the mainland kicks in next year. Doctors and architects among professionals to benefit in latest agreement. Fri, 28 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=259 Urgent talks to contain a government debt crisis in Europe has forced the French finance minister to postpone the ratification of a bilateral tax treaty between France and Hong Kong. Tue, 25 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=258 Hongkongers drank 1.4 million more bottles of wine last year than in 2008, amid cheaper prices and the removal of the wine duty, an annual survey shows. Tue, 25 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=256 Soros Fund Management, billionaire investor George Soros' flagship investment company, is looking to set up an Asia presence in Hong Kong amid a resurgence in the region's hedge fund industry, said a source familiar with the matter. Thu, 20 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=255 Success strategies for new businesses and Hong Kong’s unique advantages for companies will be explored in a series of video profiles of entrepreneurs starting today on the Hong Kong Trade Development Council (HKTDC) webcast service at www.youtube.com/hktdc. Thu, 20 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=257 First Finance, a Paris-based training and consulting firm, is beefing up its presence in Asia with the opening of a new office in Hopewell Centre, Hong Kong. Thu, 20 May 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=252 Mountains … seas … buildings … trees: the fragrant harbor may be the most complete city on earth.50 great reasons from CNN Asia Tue, 27 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=253 A Dutch-Chinese man whose disappearance led to Hong Kong's largest seizure of high-grade cocaine was negotiating with local dealers for the return of the drugs, which were mistakenly shipped to the city, police say. Tue, 27 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=254 Hong Kong's exports jumped 32.1 per cent in March, official data showed on Tuesday, as shipments returned to pre-financial crisis levels due to a strong rebound in regional trade. Tue, 27 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=251 Bank customers bet on revaluation of currency Mon, 26 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=250 Hong Kong's economy was recovering well and would enjoy economic growth of over four per cent this year, Financial Secretary John Tsang Chun-wah said on Monday. Mon, 26 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=249 Desperate exporters are paying a hefty premium to clear a mountain of backed up cargo. Cathay Pacific, DHL and UPS have raised freight rates to Europe three- or fourfold - to about HK$100 per kilogram - to move everything from electronic goods to high fashion. Fri, 23 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=248 Hong Kong homes are the least affordable among the world's major cities and are rapidly becoming less affordable - a fact buyers may find to their cost when interest rates rise. Tue, 20 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=247 Two Australian pilots have been called heroes after a miracle landing of a stricken Cathay Pacific plane with hundreds of passengers on board in Hong Kong yesterday. Wed, 14 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=244 Secretary for Financial Services and the Treasury Chan Ka-keung said on Tuesday that in 2009 Hong Kong was one of the world's most active global markets for initial public offerings (IPOs). Tue, 13 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=245 A new survey released on Tuesday showed that people in Hong Kong were more content in 2010 than they had been in either 2009 or 2008. Tue, 13 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=246 World-renowned British architect Lord Foster, who designed the airport and HSBC headquarters and is in the running to design the West Kowloon Cultural District, is set to add the Kai Tak cruise terminal to his portfolio of iconic buildings. Tue, 13 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=242 Hong Kong is to sign a pact with Guangdong tomorrow (7 April) in Beijing to boost cross-border co-operation in sectors including finance, environmental protection and infrastructure projects. Tue, 06 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=243 In their International Tax Newsletter, DLA Piper published an article on the agreement for avoidance of double taxation that was signed between Hong Kong and the Netherlands on 22 March. Following is the full text of the article. Source: DLA Piper Tue, 06 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=241 For a long time, Hong Kong's image overseas was represented by the Chinese junk, its tourism icon. In 2001, the government launched a "Brand Hong Kong" project to promote Hong Kong as Asia's world city, where opportunity, creativity and entrepreneurship converge. The flying dragon logo was, however, not well liked by some artists, and politicians and others found the campaign too expensive. Tue, 06 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=240 Several useful Hong Kong related applications have been published for iphone-users. Many of them free of charge. Sat, 03 Apr 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=237 The head of the largest performing-arts centre in Europe has been chosen to guide the HK$21 billion West Kowloon Cultural District in its formative years.Graham Sheffield, artistic director of the Barbican Centre in London since 1995, promised to put Hong Kong "firmly on the map" of the world's culture seekers. Fri, 26 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=238 Environment chief Edward Yau Tang-wah has pledged to step up the exchange of information between the environmental watchdog and weathermen to ensure the public gets more accurate forecasts and warnings of severe air pollution.The pledge came yesterday as the Observatory chief admitted limitations in forecasting the sandstorm before going into a meeting chaired by Chief Secretary Henry Tang Ying-yen, and attended by six departments, to discuss the storm. Fri, 26 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=239 Hong Kong was caught by surprise on 22 March when a sandstorm from parched northern China descended on the city, pushing readings off the top of the 500-point air pollution index and prompting questions about why no early warnings were issued to the public. Fri, 26 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=236 The Secretary for Financial Services and the Treasury of Hong Kong, Professor K C Chan, and the Minister of Finance of the Netherlands, Mr J C de Jager, today (March 22) signed a comprehensive agreement for avoidance of double taxation (CDTA) between the Hong Kong Special Administrative Region and the Kingdom of the Netherlands. Mon, 22 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=235 The growing presence of mainlanders in the shopping malls and university campuses of Hong Kong suggests they must find the city highly attractive. But the latest figures from the Immigration Department paint a different picture. Mon, 22 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=233 A veteran film producer has been named to the top job at CreateHK which has a mandate to promote the city's creative industries. Jerry Liu Wing-leung, 51, will start work on Monday. Liu was selected from 150 candidates for the post. Sun, 21 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=232 Two iconic buildings in Mong Kok and Stanley will be turned into hotels after owners secured approval from the Town Planning Board yesterday. Sun, 21 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=234 The Minister of Finance, Jan Kees de Jager, will visit China from 20 up to and including 27 March. During this working visit, he will go to Hong Kong, Shenzhen and Beijing. The purpose of this visit is to draw the attention to the Dutch investment climate and the Dutch climate for establishing businesses and intensifying the economic and trade relations. During his visit to Hong Kong, Mr De Jager will sign a tax treaty. Sun, 21 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=230 The testing and certification business is targeting a number of areas to bolster the industry in coming years, with testing on food, Chinese medicine, jewellery and green products tipped to be among the frontrunners. Mon, 15 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=231 Premier Wen Jiabao elaborated on Sunday 14 March on the "deep-rooted conflicts" in Hong Kong, acknowledging that the city's constitutional reform process, along with economic challenges, were issues of concern. Mon, 15 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=227 The government yesterday stood firm against reform of the current voting system in the legislature, which has been criticised as giving the functional constituencies disproportionate veto power. Thu, 04 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=226 The value of total retail sales increased to HK$29.3 billion in January, up 6.6 per cent over a year earlier – while the volume of total retail sales grew by 3.2 per cent, new statistics released on Thursday showed. Thu, 04 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=229 The memories are still fresh for Nancy Kwan Ka-shen, even though it's 50 years since she stepped into Suzie Wong's shoes and starred in the world famous picture opposite William Holden. Thu, 04 Mar 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=225 Hong Kong's total exports fell 12% in 2009 compared with 2008. Imports dropped 9.4%. In December, exports showed a strong recovery of almost 9% year on year. Thu, 11 Feb 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=224 "Het Nationale Ballet" the national ballet of the Netherlands will perform in Hong Kong on 11 and 12 March. In addition choreographer Hans van Manen will give a special talk on 9 March at the University of Hong Kong. Mon, 08 Feb 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=223 In 2004 Joop Litmaath published his first book “Far East of Amsterdam”. The first edition sold out and Joop decided to revise the book and to add two chapters up to the end of 2008 under the new title “The Flying Dutchman of Hong Kong”. The book is a personal account of his almost half a century of living and working in our city. Tue, 02 Feb 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=222 Hong Kong has been named the world's freest economy for the 16th time by the Heritage Foundation, a US public policy research institute. Tue, 26 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=220 The International Design Ideas Competition for Hong Kong-Zhuhai-Macao Bridge (HZMB) and the Hong Kong Boundary Crossing Facilities (HKBCF) is organized by the Highways Department of Hong Kong Special Administrative Region. Wed, 13 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=221 In September last year, the EVD and Senter Novem organised a conference on Intellectual Property Rights (IPR) in China at the Octrooi Centre in Rijswijk.A report on the conference is available. Wed, 13 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=219 Toys, Licensing, Baby Products, Stationery in the Spotlight11 January 2010 – Four trade fairs, attracting more than 2,500 exhibitors and offering a unique range of sourcing opportunities in toys and games, baby products, stationery and licensing, opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). Mon, 11 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=218 Air cargo throughput via Hong Kong in December surged 38.5 per cent from a year earlier, rising for a third straight month and indicating the rebound in global trade flows is accelerating, data from Hong Kong Air Cargo Terminals Limited (Hactl) shows. Mon, 11 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=217 Hong Kong was exceptionally warm last year with an annual mean temperature of 23.5 degrees Celsius, the ninth highest on record. Wed, 06 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=215 Hong Kong exporters are bracing for a rise in Guangzhou's minimum wage, with factory owners in the Pearl River Delta saying there is growing speculation it will be raised to as high as 1,000 yuan (HK$1,135) a month, up from 860 yuan.A rise of that magnitude - 16 per cent - would align Guangzhou's minimum pay with that of Shenzhen, which has among the highest salaries on the mainland.Hongkongers own an estimated 50,000 factories on the mainland employing an estimated 12 million workers, a legacy of Beijing's policy of opening up to foreign investors in the late 1970s. Mon, 04 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=216 Mainland factories cranked up production in December on the back of bulging order books, but the strong demand also pushed prices higher and raised the spectre of inflation, according to a manufacturing survey. Mon, 04 Jan 2010 00:00:00 GMT http://www.nhks.com/?Latest_news&id=211 Bank Chief Speaks to HKTDC Ahead of Asian Financial Forum Tue, 29 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=212 Wim Hekstra, the Deputy Chief Executive of ING Life HK and former Head of Heineken's operations in HK, was interviewed by the South China Morning Post. Tue, 29 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=214 Former Hong Kong Monetary Authority chief executive Joseph Yam Chi-kwong says it could take 20 years for the yuan (renminbi) to become an international currency. Tue, 29 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=213 Hong Kong's exports last month recorded their first year-on-year growth since the global financial crisis started to bite late last year, but businesses are cautious on the short-term outlook. Tue, 29 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=209 An important milestone in the Hong Kong-Zhuhai-Macau Bridge construction has been reached with the start of detailed ground investigation works for the Hong Kong side of its boundary crossing facilities, Secretary for Transport & Housing Eva Cheng says. Mon, 14 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=210 Toymakers race against clock to fill late ordersShops desperate to replenish stocksHong Kong toymakers and overseas retailers know what they want from Santa Claus this year: a rocket.Manufacturers said yesterday retailers were "desperate" to replace stocks after shoppers in the United States began their Christmas shopping earlier than expected and quickly emptied the shelves. Mon, 14 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=208 Two-Day Event Attracted Nearly 400 International Business Leaders Thu, 10 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=206 The market has responded positively to the wine duty exemption with $2.71 billion in wine imports recorded in the first nine months of the year, up 41% on the same period last year, Secretary for Commerce & Economic Development Rita Lau says. Wed, 09 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=207 The Hong Kong Highways Department and Fugro Geotechnical Services Ltd signed a contract on November 23 to carry out ground investigation for the Hong Kong - Zhuhai - Macao Bridge (HZMB) Hong Kong Boundary Crossing Facilities (HKBCF) reclamation works. Wed, 09 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=205 International Olympic Committee President Jacques Rogge has applauded Hong Kong's work in holding the 2009 East Asian Games, particularly its "brilliant" opening ceremony. Tue, 08 Dec 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=204 Ten dollars might not be enough for an MTR ride from Causeway Bay to Mong Kok, but that's all you will pay there for the cheapest Michelin star dish in the world. Fri, 27 Nov 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=201 Only 100 tickets remain for the 2009 Hong Kong East Asian Games opening ceremony which will be held on Victoria Harbour December 5, Secretary for Home Affairs Tsang Tak-sing says. It will feature a floating stage for cultural performances and a vessel parade amid special light effects and a fireworks spectacular. Tue, 17 Nov 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=202 The conclusion of the three-year action plan under the Shenzhen-Hong Kong Innovation Circle has demonstrated the staunch support given to the co-operation arrangement by the research and development sectors in both places, Commissioner for Innovation & Technology Janet Wong says. Tue, 17 Nov 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=203 Exports to Asia are helping the Dutch economy on the way to recovery. That is the conclusion of analysts using data published by Statistics Netherlands (CBS). According to the CBS figures, the Netherlands recorded an economic growth of 0.4% in the third quarter. This growth is mainly the result of the recovery of Dutch exports, especially to Asian countries. Tue, 17 Nov 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=200 Hong Kong's jobless rate fell to 5.2% in the August-October period, from 5.3% in July-September, the Census & Statistics Department says. The underemployment rate was stable at 2.4%. Tue, 17 Nov 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=199 The International Monetary Fund has welcomed the Government's proactive and concerted policy efforts to tackle the global financial crisis, adding economic recovery is now under way in Hong Kong. Tue, 03 Nov 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=198 The Permanent Secretary for Transport (Hong Kong), Mr Francis Ho and delegation will visit the Netherlands in order to meet with operators from the shipping and logistics industry and distributors of pharmaceutical and other high-end products. Wed, 28 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=196 With business sentiment improving in Hong Kong, South Korea's Samsung Electronics expects technology sales to pick up steam this quarter, with demand from the public sector leading the way. Tue, 27 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=197 Disused mines, buildings will make good park, experts say.Miners who toiled on the slopes of Ma On Shan in decades past left behind a landscape of broken stones, disused mine sites and decaying churches and schools - with the potential to become a mining heritage park, a visiting group of experts said. Tue, 27 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=194 Many companies in Guangdong are now finding it hard to recruit staff to handle orders as exports show signs of rebounding, a central government minister said on Monday 26 October. Mon, 26 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=195 It was on the harbourfront when it opened 60 years ago. Today, surrounded by high-rises, it is one of the few remaining Cantonese restaurants of that era in the city. But by the end of next month, Lung Moon Restaurant will be rubble. Mon, 26 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=192 New York, USA, 8 October 2009 – The world’s largest economies took the biggest hit in the World Economic Forum’s second annual Financial Development Report released today. Global financial centres still lead in the report’s Index, but the effects of financial instability have pulled down their scores compared to last year. The United Kingdom, buoyed by the relative strength of its banking and non-banking financial activities, claimed the Index’s top spot from the United States, which slipped to third position behind Australia largely due to poorer financial stability scores and a weakened banking sector. Hong Kong ranked 5th in the index, the Netherlands 8th. Wed, 21 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=193 Budget blowout means it will take 50 years to recover half the cost.The Executive Council has given the green light to the controversial cross-border rail express with a price tag of HK$65.2 billion - a 65 per cent blowout from the original estimate - which means the government will recover less than half of the construction cost in 50 years. Wed, 21 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=188 Asia has proven comparatively resilient against the current downturn, but hurdles still lie ahead. Stephen Roach explains how the next two decades will bring dramatic changes to the region. Tue, 20 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=190 The chairman of Causeway Bay's biggest landlord, Hysan Development, has died at the age of 55. Tue, 20 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=189 Hong Kong trading giant Li & Fung bought a young men's and children's apparel business in the United States for about US$400 million yesterday and said it was on the prowl for more acquisitions. Tue, 20 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=191 20 October 2009 – A seismic shift in the world economic landscape is leading to a major change in the world’s trade structure. Hong Kong exporters looking to expand sales in the post-recession era should pursue business opportunities in emerging markets, given the emergence of a middle-income class, retail modernisation and maturing brand culture, according to a new research report published by the Hong Kong Trade Development Council (HKTDC). Tue, 20 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=187 Former correspondent presents book on 21 November in the "Tropenmuseum" in Amsterdam Mon, 19 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=185 Donald Tsang Yam-kuen yesterday unveiled plans to give overdeveloped Central some much-needed breathing space - at a cost of more than HK$26 billion in potential land revenue. They include preserving part of the government's headquarters buildings and turning the Central Market into an "urban oasis". Thu, 15 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=186 This year's Policy Address will get Hong Kong back to basics, Chief Executive Donald Tsang says, introducing long-term measures to improve the city's economic sustainability and create high-end jobs. Thu, 15 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=180 Hong Kong may be better known for its char siu bao than its chardonnay, but the wealthy city is making a surprising bid to become one of the world's most important markets for fine wines. Last weekend marked another milestone: In the second of its two major wine auctions held this year in Hong Kong, Sotheby's on Oct. 3 and 4 sold $7.9 million worth of vintage wines, taking the house's total wines sales in Hong Kong to $14.3 million in 2009 — eclipsing its sales totals of $10.5 million in New York and $8 million in London. Tue, 13 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=179 13 October 2009 – More than 3,400 exhibitors filling 5,100 booths are taking part in the 29th HKTDC Hong Kong Electronics Fair (Autumn Edition) and electronicAsia 2009, the twin fairs that opened today and continue through 16 October at the Hong Kong Convention and Exhibition Centre (HKCEC) in downtown Hong Kong. The concurrent shows benefit from the additional 20,000 square metres of space available with the opening, earlier this year, of the HKCEC expansion. Tue, 13 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=181 The number of super-wealthy people in Hong Kong and the Asia-Pacific shrank last year, a study showed on Tuesday – despite the region's resilience in the face of the global economic slump. Tue, 13 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=184 The structure of the Hong Kong Pavilion at the World Exposition 2010 Shanghai China has been completed on the eve of the 200-day countdown to the mega event.Chief Secretary for Administration Henry Tang and Shanghai Executive Vice Mayor Yang Xiong marked the occasion with a tree-planting ceremony at the site today Tue, 13 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=182 Sotheby's, the world's largest publicly traded art-auction house, raised HK$1.3 billion in its Hong Kong sale last week, helped by mainland buyers dominating every category, setting records for furniture and Chateau Petrus wine. Tue, 13 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=183 HK University is among four of city's institutions to crack international list of top 200.The University of Hong Kong has been judged the 24th best in the world in an international ranking released today, continuing its progress up the league table since 2005. Tue, 13 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=176 When Charles Kao Kuen first proposed his revolutionary idea about fibre-optic communications more than four decades ago, he was laughed at and ignored. Today, the technology underpins the information superhighway and makes the internet possible. For his pivotal contribution, he became the first Hong Kong scientist to be awarded the Nobel Prize in physics yesterday. Wed, 07 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=177 The Hong Kong economy was expected to enjoy some growth this quarter after contracting for four straight quarters - amid signs the global recession had abated, a University of Hong Kong study predicted on Wednesday. Wed, 07 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=178 The title “world’s freest economy,” synonymous with Hong Kong, has once again been reinforced by the Fraser Institute, a Canadian economic think tank. The Fraser Institute’s Economic Freedom of the World: 2009 Annual Report puts Hong Kong at the top of its list – the 13th consecutive year that the city has been ranked number one by the prestigious institute. Wed, 07 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=172 Today Fortis Bank Nederland and BGL announced the sale of Intertrust.Waterland will acquire 100% of the shares in Fortis Intertrust Group HoldingS.A. Mon, 05 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=174 Cathay Pacific Airways on Monday said it posted last week its best weekly passenger load factor for this year, but remained uncertain whether the improvement indicated a structural recovery. Mon, 05 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=173 The planned rail link between the Hong Kong and Shenzhen airports would cost Hong Kong more than HK$50 billion, according to a government-commissioned study. Mon, 05 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=175 Mainland factories are racing to hire migrant workers laid off during the global crisis as they struggle to meet Christmas orders for Barbie dolls, iPods and designer jeans, analysts and observers say. Mon, 05 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=169 A record 80 Belgian firms exhibited in the Antwerp Diamond Pavilion at the AsiaWorld-Expo. As the largest contingent of diamond traders at the world’s number one trade show, they underscored the ongoing centrality of Antwerp in the diamond business. Thu, 01 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=170 Joel Robuchon can put another feather in his toque.He had already been named "chef of the [20th] century" by the Gault Millau food guide and has more Michelin stars than any other chef (a total of 25 for his restaurants in cities including New York, Las Vegas, London and Paris). Now he has three places - including the No 1 spot - in the Miele Guide listing of the best restaurants in Asia, in results that were announced yesterday at a gala dinner in Singapore. Thu, 01 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=171 1 October, National DayHong Kong needs to continue to consolidate and give full play to its unique strengths while exploring and making fuller use of the opportunities arising from its reunification with the Mainland, Acting Chief Executive Wong Yan Lung says. Thu, 01 Oct 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=164 Local wine auction sales are expected to top US$60 million this year, about twice the value of wine sold at auction in London, according to estimates from major auction houses. Mon, 28 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=165 Teens, over-65s hit hardest among 1.23 million poorThe number of people living under the poverty line in the first half of the year reached a record high of 1.23 million, with the elderly and teenagers hit hard, a study showed. Mon, 28 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=166 Financial Secretary John Tsang Chun-wah underwent a successful heart operation on Sunday night and is now in stable condition, senior government officials said on Monday. Mon, 28 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=167 Mainland on Monday launched the sale of 6 billion yuan (HK$6.82 billion) in government bonds in Hong Kong, the finance ministry said, marking the first such offer outside the mainland. Mon, 28 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=168 Transfer signals return to rootsIn a step that reflects the West-to-East shift in world economic power following last year's financial crisis, the chief executive of banking giant HSBC Holdings is to move his office from London to Hong Kong. Mon, 28 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=163 The Office of the Telecommunications Authority has accredited four local certification bodies to provide equipment testing and certification services from October 1. Thu, 24 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=161 Hong Kong residents made 70.3 million trips to the Mainland last year - 0.8% higher than in 2007, the Census & Statistics Department says. About 46.5 million trips were personal, down 0.8%, and 53.7% of those trips were made by men. Mon, 21 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=162 The Companies Registry will launch electronic incorporation of companies in the next financial year, cutting the time required to incorporate a company online from four working days to less than one. Mon, 21 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=158 Like many place names that have been reappropriated as brands - think SoHo, Times Square or even Xintiandi - the name Lan Kwai Fong can mean different things to different people. Mon, 14 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=159 Hong Kong's gross national product dropped to HK$414.2 billion in the second quarter, down 2.2% on the same period a year earlier, the Census & Statistics Department says. Gross domestic product fell 2.2% to HK$392.7 billion. Mon, 14 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=160 Hong Kong International Airport's traffic figures continued to improve in August, with passenger throughput growing 2.8% from the same period last year, to 4.3 million. Mon, 14 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=154 The project management services contract for Hong Kong's exhibition at the Urban Best Practices Area at World Exposition 2010 Shanghai China has been awarded to Hypsos Hong Kong, part of the Hypsos Group, a 100 per cent Dutch company with offices in 5 countries including Hong Kong. Fri, 04 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=155 The region's biggest showcase of civil aviation is about to open in Hong Kong with about one-third fewer exhibitors and fewer visitors as the airline industry struggles to emerge from the global downturn. Fri, 04 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=156 This has turned out to be a golden summer for Hong Kong films on the mainland.Three local productions - Overheard, On His Majesty's Secret Service and McDull Kung Fu Ding Ding Dong - have already taken in 254 million yuan (HK$268 million) at the box office in the month following their mainland release in late July, says ENT Group, an entertainment consulating firm. Fri, 04 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=157 Meeting Place for East and West The Hong Kong International Building and Decoration Materials & Hardware Fair proved very popular with international exhibitors and buyers in past years. In 2008, the number of exhibitors hit a record high of 291, up 20% over 2007; last year’s fair also attracted more than 8,800 buyers from 106 countries and regions, an increase of 13% over 2007. The 4th edition of the fair will be held from 28 to 31 October at the AsiaWorld-Expo. Fri, 04 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=153 Grand visions for new engines of growth go back a long way. Is Hong Kong ready to get things moving?Chief Executive Donald Tsang Yam-kuen has started his consultation on this year's policy address and has made it clear that the government aims to develop the six industries recommended by the Task Force on Economic Challenges that would sustain Hong Kong's long-term growth as a knowledge-based economy. Thu, 03 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=152 Soon the coffee and the duty-free handbags will not be the only expensive buys at Hong Kong International Airport. The city's version of Fort Knox has opened at Chek Lap Kok and is preparing to receive Hong Kong's gold reserves. Thu, 03 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=150 From 14 September 2009, Dragonair will offer a twice-daily service between Hong Kong and Guangzhou! Enjoy more connections between the largest city in the Pearl River Delta region and Hong Kong – and onwards to the rest of the world. Wed, 02 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=151 The HK Watch & Clock Fair opens today. With more than 700 exhibitors from 17 countries and regions taking part, this remains the largest fair of its kind in the world. This year HKTDC has organised 63 buying missions, representing more than 2,460 buyers from 61 countries and regions, to come to the fair. Showcasing more than 100 watch brands from 13 countries and regions, the Brand Name Gallery will open to the public for the first time on the fair’s final day, 6 September (Sunday). Wed, 02 Sep 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=149 More foreign companies are coming to set up their office in HK, Christopher Hammerbeck, Executive Director of British Chamber of Commerce in HK, told Wen Wei Po. The chamber has 60 new members since the end of March this year. According to a survey conducted by the chamber, 63 per cent of the responded members were optimistic about the economy of HK in the next three year until 2011. Mr Hammerbeck called on HK government to provide a one-stop service to help foreign companies establish their office in HK. Mon, 31 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=148 The summer is almost over and a new business season starts with new opportunities. Therefore the Dragons Business Club is organising an ‘after summer networking event’ on Thursday 17th September in Rotterdam. You are most welcome to attend this special networking event! Mon, 31 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=147 Hong Kong exports plunged 19.9 per cent year-on-year in July, as overseas demand for mainland goods remained subdued despite talk of a global economic recovery, the government said on Tuesday. Tue, 25 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=146 Tickets for the Hong Kong 2009 East Asian Games competitions and ceremonies will go on sale from August 31, Deputy Secretary for Home Affairs Vincent Liu says, adding arrangements for the last leg of the August 29 torch relay will be revised. Tue, 25 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=145 A panel of leading Chinese economists debates proposals to stoke private consumption in the world’s fastest-growing economy. Mon, 24 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=144 Under Secretary for the Environment Kitty Poon says the Government will take the lead in procuring environmentally friendly goods and services, aiming to double the amount it spends on such items. Fri, 21 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=141 Guangdong and Hong Kong have signed eight co-operation agreements to boost collaboration and promote economic development, Chief Executive Donald Tsang says. Thu, 20 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=142 Asia’s emerging economies are recovering much more quickly than economies in other parts of the world. Can they keep it up? Thu, 20 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=143 The best economic climates in the period 2009-2013 can be found in Finland (1st), Singapore (2nd), Canada (3rd), Hong Kong (4th), Switzerland (5th), Denmark (6th), Austria (7th), Sweden (8th), Norway (9th) and the Netherlands (10th). This is reported in the World Country Forecast of the Economist Intelligence Unit. The 'business environment scores and ranks' in this report give a ranking of the most attractive countries for doing business with. Thu, 20 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=138 The boards of Air China, Cathay Pacific, CITIC Pacific and Swire Pacific today made a joint announcement relating to two transactions that will collectively realign their shareholdings in Cathay Pacific. The changes will strengthen the existing relationship between Air China and Cathay Pacific and serve to further boost the position of Beijing and Hong Kong as key aviation hubs in the region. Tue, 18 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=139 Hong Kong's economic performance in the second quarter showed encouraging signs of an economic recovery, Government Economist Helen Chan says, adding the year-on-year fall in Gross Domestic Product in real terms may continue to narrow in the second half of the year. Tue, 18 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=140 Renminbi business will add to the breadth and depth of Hong Kong's financial market and underline the city's strengths as an international financial centre, Chief Secretary Henry Tang says. Tue, 18 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=134 Hong Kong is well positioned and has very good achievements in many of the characteristics of a knowledge-based economy, according to a Census & Statistics Department report. Fri, 14 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=135 Hong Kong's richest person, Li Ka-shing, believes the worst of the global financial crisis is over but there is still a long way to go before an economic recovery. Fri, 14 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=137 Export trading house Li & Fung, which reported a 12.84 per cent rise in interim profit to HK$1.4 billion, said it will cut more costs in the second half of this year to preserve profitability as overseas demand remains flat. Fri, 14 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=136 Hong Kong pulled out of its deepest recession since the Asian financial crisis in the second quarter as economic output jumped 3.3 per cent from the previous quarter, helped by improving trade flows and consumption. Fri, 14 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=131 The Hong Kong population swelled to 7,008,300 in mid-2009, according to the Census & Statistics Department's provisional figures. This represents a 0.4% increase, or 30,600 more people than in mid-2008. Thu, 13 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=132 HSBC is set to list their operations on the Shanghai stock market in a move that would see them return to their roots. The bank was founded by Thomas Sutherland in 1865 in Hong Kong and Shanghai and was called the Hongkong and Shanghai Banking Company Limited. It financed railways, weapons and the opium trade for the colonial British government. Thu, 13 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=133 An exhibition tracing the development of archaeology in Hong Kong is being held at the Heritage Discovery Centre until September 26. Thu, 13 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=130 The four new international schools granted land by the government yesterday would do little to ease the waiting list for places at such schools, operators and business leaders said. Fri, 07 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=129 The Cathay Pacific Group reported a profit of HK$812 million for the first six months of 2009. This compares to a loss of HK$760 million in the first half of 2008. Earnings per share rose by HK39.9 cents to HK20.6 cents. The profit declared is primarily a result of a HK$2.1 billion unrealised mark-to-market fuel hedging gain. Wed, 05 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=126 A new email application allows users to write an email message in English and then forward it with Chinese and English text side-by-side. This solves the language barrier with China and sets a new standard in email communication.The product is being offered by the Dutch company Chinglish. Mon, 03 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=127 The Hong Kong Trade Development Council has recently revamped its online newsletter, the HKTDC Hong Kong Trader. The intention of the eZine is to keep HK and China-focused businesses around the world abreast of the fast-changing business environment. Mon, 03 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=128 The value of total retail sales in June fell to $21.1 billion, down 4.8% on the same month last year. Mon, 03 Aug 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=124 An international audit of aviation safety ranked Hong Kong's airport fifth in the world and second in Asia. Chek Lap Kok got top marks for its resolution of safety concerns and the city's aviation laws. Fri, 31 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=125 On 29 June, Fortis Intertrust has been renamed Intertrust. Fri, 31 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=122 Hong Kong - Hong Kong has found a new variant of the H3N2 seasonal influenza virus, the spokesman for the Centre for Health Protection (CHP) said on Wednesday, urging high-risk groups to get influenza vaccinations. Thu, 30 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=123 The Hong Kong Trade Development Council (HKTDC) today unveiled details for four fairs to be held in mid-August, led by the first-ever Hong Kong International Tea Fair, which will run 13-15 August.Another new fair – the HKTDC Hong Kong Lifestyle Showcase 2009 – will be open from 14-17 August, and will make its debut as a public show, offering more than 230 brands to consumers in Hong Kong and the Chinese mainland. Thu, 30 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=121 The Civil Engineering & Development Department has awarded a $350 million contract for stage one of the Kai Tak infrastructure works which will start by month's-end. Wed, 29 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=118 Hong Kong exports in June dropped by a less-than-expected 5.4 per cent from a year earlier, improving from double-digit declines over the previous six months and indicating the economy may have bottomed out. Mon, 27 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=119 A wholesale shopping centre bigger than the Hong Kong Exhibition and Convention Centre in Wan Chai and as upmarket as Pacific Place in Admiralty will be set up in Shenzhen under a municipal government plan to help Hong Kong's battered exporters crack the mainland market. Mon, 27 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=120 Three more Dutch companies have opened an office in Hong Kong. The newcomers are "All Options", "Endemol" and "Lavital". Mon, 27 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=114 The Monetary Authority and the People's Bank of China have signed a supplementary memorandum of co-operation in respect of renminbi trade settlement related businesses in Hong Kong. Wed, 01 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=115 Hong Kong Disneyland's two shareholders have agreed in principle to invest about HK$3.63 billion to expand the theme park with more than 30 new rides by 2014 after more than two years of protracted and confidential negotiations. Wed, 01 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=117 Wed, 01 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=116 Wed, 01 Jul 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=113 Bank of East Asia said on Monday its China unit aimed to sell more than 3 billion yuan ($439 million) of bonds, becoming the second foreign bank to sell yuan-denominated bonds in Hong Kong. Mon, 29 Jun 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=111 As we advance into “the Asian century”, Kishore Mahbubani expresses frustration at the EU's lack of engagement with Asia. His advice for European strategists is to accept the inexorable rise of the East and learn from examples like China's free trade agreements with its neighbours and ASEAN's cultural diversity Fri, 05 Jun 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=110 The Hong Kong Observatory has enhanced its lightning location webpage, helping people engaging in outdoor activities to take preventive measures when thunderstorms approach. Fri, 05 Jun 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=112 The suggestions on the framework for the mutual recognition of electronic signature certificates issued by Hong Kong and Guangdong have come into effect. Fri, 05 Jun 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=109 HONG KONG - Smaller exporters in developing Asia, including China and India, expect trade to be stable to slightly higher in the next three months, thanks to fiscal stimulus and improving intra-regional trade, but they worry about exchange rates, an HSBC survey showed on Wednesday 3 June. Thu, 04 Jun 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=108 Dutch companies who have been successfully trading with or in China and/or Hong Kong over the past 24 months are now invited to register for this year’s Cathay Pacific China Trader Award. Tue, 02 Jun 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=105 The Hong Kong Monetary Authority (HKMA) and De Nederlandsche Bank N.V. (DNB) jointly announced today (May 26) the signing of a Memorandum of Understanding (MoU) for a liquidity arrangement to be applied for non-routine situations. Tue, 26 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=102 Officials from the Chinese mainland and Hong Kong signed the latest supplement to the Closer Economic Partnership Arrangement (CEPA) last May 9 to further ease economic activities between the two. The agreement is set to take effect on October 1, 2009. Mon, 25 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=103 The Hong Kong Inland Revenue Department has released details on Departmental Interpretation and Practice Notes No.45- “Relief from Double Taxation due to Transfer Pricing or Profit Reallocation Adjustments” (DIPN45) last April 30. Mon, 25 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=101 NHKS member Willem Kerseboom invites you to visit his galleries I and II on Leidsegracht 38-40 and Gallery III Keizersgracht 488 to see works of the Chinese artists Liu Zheng, Zhang Hui and Xixi. Mon, 25 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=104 The mainland-incorporated units of HSBC Holdings and Bank of East Asia (BEA) confirmed they had received approval to be the first foreign banks to issue yuan-denominated bonds in Hong Kong. Mon, 25 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=92 Hubert Van Es, the Dutch photographer whose photo of the 1975 fall of Saigon became one of the most enduring images of the Vietnam war, died on Friday 8 May. He was 67.Van Es suffered a brain haemorrhage last week in Hong Kong, where he had lived for many years, and never regained consciousness, colleagues said. Fri, 15 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=93 Hong Kong's economy suffered a heavy blow in the first quarter, with GDP falling 7.8% after a 2.6% drop in last year's fourth quarter, the Census & Statistics Department says. Fri, 15 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=91 Former NHKS Chairman Rob ten Heggeler has been appointed as member of theManaging Board of NIBC Holding N.V., NIBC Bank N.V. and NIBC Investment Management N.V. Wed, 13 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=90 Travellers perceive Hong Kong as the best spot in the Asia-Pacific region for vibrancy, nightlife and shopping, according to a CNN Global Travel and Tourism Survey. Wed, 13 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=86 Two-thirds of passenger flights between Hong Kong and Taiwan would be replaced by direct cross-strait flights following full implementation of the "three direct links" between the mainland and Taiwan, a study by a policy think-tank has concluded.The study by the Bauhinia Foundation Research Centre also estimated that full implementation of the links would result in a 50 per cent reduction in air freight between Hong Kong and Taiwan.But the five-month study, which was released yesterday, projected Hong Kong's annual gross domestic product would grow by an additional 0.94 of a percentage point - or HK$643 billion - by 2038 if the city formed a common market with the mainland and Taiwan. Tue, 12 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=88 Given the intense interest of regulators and the public in recent food and medicine scares - from melamine in milk and malachite green in fish to fungus in gout pills - moves by the government to make product testing a new "pillar" of the economy have come at an opportune time. Tue, 12 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=87 Tue, 12 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=89 Mainland authorities have once again tightened visa procedures for foreigners in the run-up to the 60th anniversary of the founding of the People's Republic, travel industry sources said yesterday (April 28). Tue, 12 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=85 Supplement VI to the Mainland-Hong Kong Closer Economic Partnership Arrangement (CEPA) has been signed, expanding the total number of service sectors covered from 40 to 42.The Mainland will introduce 29 liberalisation measures covering 20 sectors, including two new ones - research and development, and rail transport. The measures will come into force October 1. Mon, 11 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=82 Prominent Asian filmmakers gathered in Hong Kong yesterday to bid farewell to producer Wouter Barendrecht, who died last month, as well as celebrate his life and achievements in the film world.A film foundation to support young filmmakers will be set up in honour of the Dutch-born, Hong Kong-based producer. It will be launched at this month's Cannes Film Festival.Prominent Hong Kong film industry figures including Wong Kar-wai, Peter Chan Ho-sun, Christopher Doyle, Stanley Kwan Kam-pang, Pang Ho-cheung, Nansun Shi, Tony Leung Chiu-wai and Sandra Ng Kwan-yu were among Barendrecht's long-time friends and colleagues who attended the memorial service at the W Hotel in Kowloon.Many flew to town for yesterday's service, including Japanese director Iwai Shunji, Thai director Pen-ek Ratanaruang, Taiwanese actor Chang Chen and CJ Entertainment and Media vice-chairman Miky Lee from South Korea.The untimely death of Barendrecht, the founder and co-chairman of Fortissimo Films, shocked the film world. He died of heart failure in Bangkok, where he had gone to view the rough-cut of his latest production, Nymph, on April 5. He was 43.The memorial service began at around 2.30pm. Guests including Shi, Chan, Shunji and Doyle delivered moving speeches to share their memories of Barendrecht, who brought Asian auteurs into the international spotlight and established the Hong Kong-Asia Film Financing Forum to help filmmakers finance their projects. He moved to Hong Kong in 1997 to set up the Asia office of Fortissimo on Wong's advice.Fortissimo Films has established the Wouter Barendrecht Film Foundation to encourage young filmmakers. Details are yet to be finalised. Fri, 08 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=84 One of the city's biggest property companies has given the Dutch consulate's exhibition of clogs the boot - because it says the wooden footwear is bad for fung shui. Fri, 08 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=83 It's no coincidence that one of Wouter Barendrecht's last activities, before he died of heart failure on Sunday 5 April in Bangkok, was to watch a rough cut of Pen-Ek Ratanaruang's Nymph, which he co-produced. The Dutch-born and Hong Kong-based producer was well known for his lifelong dedication to developing Asian independent cinema. Fri, 08 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=81 According to the Census and Statistics Department, Hong Kong's retail sales dropped 7.7 per cent by value in March to HK$20.8 billion compared to a year ago. By volume, the decline was 9.3 per cent. Sales of cars, clothing and furniture in particular suffered double-digit declines, showing that consumer spending on high-priced items is heavily affected by uncertain job and income prospects. The near-term prospects for the retail business will continue to be overshadowed by the economic downturn. Thu, 07 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=80 Hong Kong has recently become only the second Asian city to be awarded its very own Michelin guide. Moreover, following the abolition of all duty on wine in February 2008, Hong Kong has become the first duty free wine port among major economies, with year-on-year imports shooting up by 80% from March to December 2008. To toast these achievements and Hong Kong's rich gastronomic heritage, the Hong Kong Tourism Board has launched the Hong KongFood and Wine Year, featuring a sparkling array of events throughout the year, in which wine will be paired with Chinese cuisine. Between April 2009 and March 2010, around 2,000 restaurants, popular tourist attractions and famous dining districts, as well as more than 25 renowned local gourmets, will spread the message and show to the world the diverse culinary experience of Hong Kong, reinforcing the city’s image as one of the world's culinary capitals. One of the year’s highlights will be the Hong Kong Wine and Dine Festival from 30 October until 8 November , featuring a three-day food and wine celebration at the West Kowloon Waterfront Promenade. There will also be 'Wine and Dine Carnivals' in the popular dining districts of Lan Kwai Fong and Soho on Hong Kong Island. Thu, 07 May 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=78 Interview with Jonathan Fenby. Fenby is the author of 10 books, including the Penguin History of Modern China, the paperback version of which was published last month. He has worked as editor at the South China Morning Post, The Observer and Reuters World Service and is the China Director at the research company Trusted Sources. Mr Fenby is a Commander of the British Empire and a Knight of the French Order of Merit. Thu, 23 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=79 Esprit Holdings Limited today announced that Mr. Ronald van der Vis (41) will join Esprit on June 22, 2009 and will be appointed as Executive Director on June 22, 2009. Following a transition period, Mr. Van der Vis will be appointed as Group CEO on or before November 1, 2009. In his future role as Executive Director and Group CEO, he will assume responsibility for the total Group with a special focus on the Esprit brand. Thu, 23 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=77 The Central Government has pledged to impose more measures to help Hong Kong whether the economic crisis, Chief Executive Donald Tsang says. Mon, 20 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=74 Hong Kong is not out of the woods yet and is facing tough economic challenges in the short term given weak global demand, British minister for trade and investment Mervyn Davies said yesterday (April 16). Fri, 17 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=75 The Civil Engineering and Development Department is inviting tenders for infrastructure works for the Kai Tak Development, a department spokesman said on Friday. Fri, 17 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=76 Hong Kong's "strong foundation" will sustain it through the financial crisis, but how it fares as a financial centre depends on how well it maintains its traditional openness, according to former British prime minister Tony Blair. Fri, 17 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=73 Wed, 15 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=72 The seventh edition of the Blue Book on Urban Competitiveness conducted by the Chinese Academy of Social Sciences (CASS) listed Hong Kong, Shenzhen and Shanghai as the three top competitive cities in the country. Wed, 15 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=69 Asia's biggest electronics trade show opened yesterday at the newly expanded Hong Kong Convention and Exhibition Centre, but exhibitors expect to see fewer buyers and overseas orders this year, given the global business environment. Tue, 14 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=70 China is op de weg terug. De grootste opkomende economie van de wereld leek in de kredietcrisis haar belofte als locomotief voor de mondiale economie niet te kunnen waarmaken: de voorspelde economische groei van 6,5% in 2009 (Wereldbank) is dan misschien nog wel positief, maar de daling ten opzichte van de dubbele cijfers in de voorgaande jaren is dramatisch. Dat zegt fondsenhuis Invesco. Tue, 14 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=71 According to the 2009 Tax Misery and Reform Index, Hong Kong was ranked as the friendliest tax regime in the Asia-Pacific region and the third in the world. Tue, 14 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=67 Thu, 09 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=68 Chief Executive Donald Tsang has welcomed the State Council's decision to introduce a pilot programme for using renminbi for cross-border trade settlements in Shanghai and four Guangdong cities. Thu, 09 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=66 The deck of Stonecutters Bridge, the future connection between the Northeast New Territories, Kowloon and the western part of Hong Kong, was completed on 7 April. Wed, 08 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=65 Prominent United States opposition senator and defeated presidential candidate John McCain on Monday graded Hong Kong's post hand-over performance as "satisfactory" - but warned of obstacles ahead. Mon, 06 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=63 Cathay Pacific Airways welcomes the announcement that it has been named Airline of the Year 2009 in the World Airline Awards run by the London-based Skytrax research organisation - the third time it has taken the honour in the past 10 years. The airline was also named Best Airline Asia in 2009. Fri, 03 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=64 Simon Galpin has been appointed Director General of Investment Promotion with effect from April 9. Fri, 03 Apr 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=4 http://www.news.gov.hk/en/index.shtml Wed, 25 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=62 Export confidence has shown signs of stabilisation despite the continuing global economic downturn. The latest HKTDC Export Index, published by the Hong Kong Trade Development Council (HKTDC), saw some improvement after four consecutive quarters of decline. “Although export confidence in the first quarter improved slightly, the general economic outlook remains difficult,” said HKTDC Chief Economist Edward Leung. “Hong Kong enterprises should make extra efforts to identify new markets and opportunities in a few niche sectors.” Wed, 18 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=59 On March 3, 2009 – The American Chamber of Commerce in South China (AmCham South China) released the results of its annual Special Report on the State of Business in South China, providing a fact-based account of contemporary trends in the business environment that remains under the shadow of the worldwide financial crisis. Fri, 13 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=61 Fri, 13 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=60 Regina Leung; Updated on Mar 13, 2009. The preliminary design contract for the proposed HK$37 billion Hong Kong-Macau- Zhuhai Bridge was signed in Zhuhai on Friday morning. Fri, 13 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=57 Tue, 10 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=58 Tue, 10 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=56 Total port cargo throughput in 2008 rose 6% over a year earlier, to 259.4 million tonnes, the Census & Statistics Department says.Inward port cargo rose 3% to 146 million tonnes, while outward port cargo rose 9% to 113.4 million tonnes. Mon, 09 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=55 Business in China, like business everywhere else, is being walloped by the global crisis. The slowdown is also exposing some deeper flaws. Tue, 03 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=54 HSBC launched a "£12.5 billion (HK$139 billion) rights issue on Monday to shore up its balance sheet after annual profit more than halved and as bad debts soared in the United States. Mon, 02 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=53 The total retail sales value rose to $27.5 billion in January, up 7.4% on the same month last year, while the total retail sales volume grew 5.4%, the Census & Statistics Department says. Mon, 02 Mar 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=50 While HK’s role as an intermediary facilitating communication between the mainland and Taiwan might be waning as direct cross-Straits links have reopened, the city’s specialty in financial services, as well as having sound and transparent legal systems, will help secure its foothold as a preferred finance hub to all enterprises in China, the China Daily has reported today. Thu, 26 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=48 In his annual Budget speech to the Legislative Council yesterday (25 February), the Financial Secretary, Mr John Tsang, announced a series of measures to tackle both immediate and longer-term economic challenges. Thu, 26 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=49 Budget Provides More Reasons for Businesses to Ride Out theDownturn in Hong Kong and Turn Crisis into Opportunity Thu, 26 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=51 Hong Kong overtook London as the most expensive place to rent offices last year, but the No 1 position may be fleeting as local landlords brace for a big decline in the market this year. Thu, 26 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=52 New HKTDC Report Shows Opportunities for Services in Rmb4 trillion Package Thu, 26 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=47 Hong Kong's economy probably shrank 1.4 per cent in the fourth quarter from a year earlier, sending it deeper in recession and pressuring the government to offer stimulus in its annual budget on Wednesday, a Reuters poll shows. Mon, 23 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=46 HONG KONG: Asia should be the first region to recover from global recession, thanks to the consumption power of its growing middle class, Sandy Flockhart, Asia-Pacific head of banking giant HSBC said on Thursday. Fri, 13 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=44 Hong Kong's sales figures for December held up reasonably well. Substantial discounts and spending by mainland visitors helped to improve receipts slightly by 0.8 per cent in value to about HK$25.3 billion compared to a year ago, the government said. Tue, 03 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=45 A recent study shows Hong Kong and Japan to be among the most pessimistic countries in the world when it comes to the economy Tue, 03 Feb 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=43 Jan 21, 2009 - Following several scandals, Hong Kong's army of toy testers are leading the way in reducing playtime peril. Fri, 23 Jan 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=41 Hong Kong, January 13, 2009 - Financial Secretary John Tsang welcomes the Heritage Foundation's ranking of Hong Kong as the world's freest economy for the 15th consecutive year. Tue, 13 Jan 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=40 How factories in the Pearl River Delta adapt to the economic crisis will determine their fate. Tue, 06 Jan 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=38 Amsterdam, 24 December – NYK, the 100 percent owner of the Ceres Paragon Terminal, has decided to sell the majority of its shares in this Amsterdam-based container terminal to the HK Company Hutchison Port Holdings. This will enable the Ceres Paragon Terminal to better present itself as an independent player to shipping companies. HPH also owns the ECT terminal in Rotterdam. This development is part of a wider trend toward closer cooperation between the Ports of Rotterdam and Amsterdam. Another recent initiative along these lines is the Port Community system, which was jointly set up by both ports. Mon, 05 Jan 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=39 Uit een vandaag verschenen rapport blijkt dat Citigroup uit gaat van een zachte landing voor de Chinese economie waarbij rekening wordt gehouden met hogere aandelenkoersen en een sterkere yuan. Mon, 05 Jan 2009 00:00:00 GMT http://www.nhks.com/?Latest_news&id=37 HK Exporters Advised to Pursue Opportunities in the Chinese Mainland Mon, 15 Dec 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=34 Hong Kong's economic growth slowed notably in the third quarter, with GDP rising 1.7% after a 4.2% rise in the second quarter, Government Economist Helen Chan says. Fri, 14 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=35 Fri, 14 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=36 most innovative Dutch company in China honored Fri, 14 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=33 The Hong Kong Special Administrative Region Government (HKSARG) is fully committed to enhancing Hong Kong’s appeal as a centre of excellence for MICE (Meetings, Incentives, Conventions and Exhibitions) in Asia, Special Representative for Hong Kong Economic and Trade Affairs to the European Communities, Miss Mary Chow, said in Istanbul, Turkey, on 13 November 2008. Thu, 13 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=32 The inaugural Hong Kong International Tea Fair will take place in August 2009 at the Hong Kong Convention and Exhibition Centre. Wed, 12 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=30 •Task Force on Economic Challenges sets priorities •HK signs wine agreement with Spain Tue, 11 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=31 - Annual China seminar: ‘China at a crossroads’- Joint Chamber Luncheon: "The Recession isn't over - What lies ahead?"and more Tue, 11 Nov 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=28 RISING COSTS AND DECREASING INVESTMENT INCENTIVES FORCE MANY FOREIGN COMPANIES TO REASSESS THEIR SET-UP IN ASIA. THE SEARCH FOR THE IDEAL REGIONAL LOCATION COMES DOWN TO THREE INTERESTING OPTIONS. Fri, 31 Oct 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=29 Various articles related to new investments in Hong Kong Fri, 31 Oct 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=27 More than 400 Members from 21 Countries Here for Two-Day Event Thu, 30 Oct 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=24 The Chief Executive, Mr Donald Tsang in his annual Policy Address today (15 October) said that the Hong Kong people’s resilience will help the city emerge stronger from the current global financial tsunami. Wed, 15 Oct 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=23 In a survey conducted by TNS/SCMP, Hong Kong business leaders, with some of the greatest joint exposure to U.S./Mainland China issues, said they regarded inflation as the number one battle in conducting business. Thu, 09 Oct 2008 00:00:00 GMT http://www.nhks.com/?Latest_news&id=2 The Asia-Pacific region led global air travel in 2006, a year in which a record 4.4 billion international passengers travelled. Hong Kong International Airport's (HKIA) share of this growth strengthens year on year, accounting for an extra 7.4 per cent of passengers (45.8 million) and 2.8 per cent more cargo throughput (3.6 million tones). The results highlight Hong Kong's effectiveness in the increasingly competitive global air transport market, and reaffirm the city's position as a regional and international air logistics hub. (Hong Kong Trader, 03/09/07) Thu, 13 Sep 2007 00:00:00 GMT http://www.nhks.com/?Latest_news&id=1 It is our pleasure to inform you that at the 16th Annual General Meeting of the Dutch Chamber of Commerce in Hong Kong held on 29 August, the following members were elected/re-elected to the Board of Directors for the ensuing membership year 2007-2008. Wed, 12 Sep 2007 00:00:00 GMT