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| HK to Play to Best of Its Strengths: Leung |
| Hong Kong's Financial Secretary Antony Leung said Wednesday in his budget speech that Hong Kong needs to play to the best of its strengths while undergoing its economic restructuring. |
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| Leung Stresses Importance to Develop Local Community Economy |
| Hong Kong Financial Secretary Antony Leung stressed the importance of developing local community economy as he delivered his maiden annual budget speech at the Legislative Council Wednesday. |
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| HK's Jobless Rate Hits 6.7 Percent |
| Hong Kong's unemployment rate during the period of November 2001 to January 2002 reached 6.7 percent, the Census and Statistics Department announced Thursday. |
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| HKEx Defers Abolition of Minimum Brokerage For One Year |
| The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEx) decided Wednesday to defer the abolition of minimum brokerage for one year until April 1, 2003. |
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| Hong Kong Releases Survey on Business Prospects for 2002 |
| Manufacturers on the whole expect some decreases in the volume of orders in 2002 compared with 2001, according to the results of a recent half-yearly Business Prospects Survey released Friday by the Census and Statistics Department of the Hong Kong Special Administrative Region (SAR). |
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| HK Has No Plan to Drop Currency Peg With US Dollar, Official |
| Hong Kong Financial Secretary Antony Leung has reiterated that Hong Kong has no plan nor does itintend to change the linked exchange rate with the U.S. Dollar, according to government sources Saturday. |
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| HK GDP Expected to Grow 1.4 Percent in 2002 |
| Hong Kong's real GDP (gross domestic product) 2002 is expected to grow 1.4 percent year on year, according to Herber Lau, director of research of CASH Financial Services Group Ltd. The Hong Kong economy would be able to follow the recovery of the U.S. economy, taking place in the third quarter of 2002. |
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| Global Executive Search Company Opens Headquarters in HK |
| A leading global executive search company, BTI Consultants, has chosen Hong Kong as home for its new North Asia regional office, executives of the company said Friday. |
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| East China Province Seeks Cooperation With Hong Kong |
| East China's Anhui province has launched 62 projects to seek cooperation with Hong Kong in an effort to develop its service industry. |
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| Analysis: HK to Remain Asia's Leading Assets Management Center |
| Hong Kong is to remain a leading assets management center of Asia, despite a sharp decline of the total assets under management in the past year, fund management analysts in Hong Kong believed. |
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| HK Lowers GDP Forecast for 2001 |
| Hong Kong has revised its forecast of growth rate of Gross Domestic Product (GDP) for 2001 to three percent, one percent down from the previous forecast of four percent. |
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| HK Publishes Revised IT Strategy to Boost e-business |
| The Hong Kong Special Administrative Region government published on Friday a revised Digital 21 IT Strategy with a view to positioning the territory as a leading e-business community and digital city in the world. |
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| HK's New FS Optimistic About Economic Restructuring |
| Antony Leung, financial secretary of the Hong Kong Special Administrative Region (SAR), said here Wednesday that his first task is to help Chief Executive Tung Chee Hwa restructure the Hong Kong economy, and provide opportunities for each and everybody in Hong Kong. |
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| HKSAR Gained HK$1 Billion |
| The Hong Kong Special Administrative Region has cashed in a total of HK$119 billion for selling the Tracker Funds. Apart from the principal amount that was invested, which is HK$118 billion yuan, the government has earned as much as HK$1 billion. |
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| Foreign Exchange Reserve of Hong Kong Hits US 114.6 Billion |
| It was revealed by Hong Kong Finance Administration bureau that up to the end of March, 2001, the official foreign exchange reserve of Hong Kong has been US 114.6 billion, which is a bit more than that in the end of February. |
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| Interview: UK Wishes to Develop New Ties with HK |
| British Consul-General Sir James Hodge told Xinhua Monday that the British government hopes to develop a completely new, constructive and mutually beneficial bilateral relationship with the Hong Kong Special Administrative Region (HKSAR) of China. |
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| P&G Chairman Praises HK's Business Environment |
| Chairman of the Board of Directors of Procter and Gamble (P&G) John Pepper spoke highly of Hong Kong's business environment during his meeting with Hong Kong Chief Executive Tung Chee Hwa Wednesday. |
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| Hong Kong Stocks Close at New 17-month Low |
| Hong Kong share prices sank to a new 17-month low on Friday as investors sold heavyweight blue chip stocks out of fears that share prices would not recovery very soon. |
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| HKGCC Wishes for Wider Admission of Mainland Professionals to HKSAR |
| The Hong Kong General Chamber of Commerce (HKGCC) announced March 19 that they would strongly support the government's plan to increase employment opportunities for Mainland professionals in the HKSAR, but they also hope that the government would expand the current IT and financial services sectors to other industries. |
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| Roundup: Transportation Vital to HK's Economic Growth |
| Hong Kong is a living example of how government and business can best exploit the opportunities presented to the transportation and logistics sector by the Internet Age, analysts said Monday. |
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