January 2008 <Text Only Version>
Hong Kong Ranked World's Freest Economy
Hong Kong has been ranked the world's freest economy for the 14th consecutive year in the 2008 Index of Economic Freedom, jointly published by The Heritage Foundation and The Wall Street Journal.
Chief Executive Welcomes Progress Toward Universal Suffrage
On December 29, 2007, Chief Executive Donald Tsang welcomed the National People's Congress Standing Committee's (NPCSC) decision to take forward Hong Kong's political development by setting a clear timetable for electing the Chief Executive and the Legislative Council by universal suffrage.
Maurice Loo Joins the Hong Kong Economic and Trade Office
Maurice Loo has joined the Hong Kong Economic and Trade Office as Deputy Director-General. He takes over the post from Alex Wong who has returned to Hong Kong to work in the Home Affairs Department.
Strong Year for Investment Promotions
On January 10, Director-General of Investment Promotion, Mike Rowse, announced that both the number of companies assisted and jobs created by those companies reached all-time highs last year.
Business Confidence Seals a Year of Growth
The annual American Chamber of Commerce in Hong Kong (AmCham) Business Outlook Survey, released in December 2007, revealed that many member companies are preparing for growth and further investments in Hong Kong.
Hong Kong Government Announces 2008 Digital 21 Strategy
On December 21, 2007, the Hong Kong Special Administrative Region government announced the 2008 Digital 21 Strategy, the latest blueprint for the development of information and communications technology (ICT) in Hong Kong.
Hong Kong Emerges as Transshipment Hub
An efficient container port and logistics strengths will be crucial components of Hong Kong's growth as a transshipment hub in Asia, industry executives say.
Migrant Scheme Attracts Overseas Talent
Since the June 2006 launch of the Immigration Department's Quality Migrant Admission Scheme, successful applicants from around the world have brought a wealth of professional skills which contribute to diversifying Hong Kong's development.
Business at a Premium
New Yorker Charles Monat arrived in Asia in 1970 via Thailand, where he had served in the U.S. Army. Today, Charles Monat Associates Ltd. is one of Asia's premier consultancies for wealth transfer and liquidity planning, and Hong Kong's largest independent provider of life insurance.
Effective Business Hub Gets Deal Done
U.S. businessman Devon Rifkin, President and CEO of Miami-based The Great American Hanger Company, is building a multi-million dollar company using Hong Kong as a bridge to the Mainland of China.
Will Smith Turns Spotlight on Hong Kong
When Hollywood superstar Will Smith was in Hong Kong in December 2007 for the launch of his latest blockbuster, the thriller I Am Legend, he first revealed to reporters that he had been in talks with Hong Kong actor and director Stephen Chow Sing-chi about the pair joining forces to make films.
Hong Kong, Guangdong and Shenzhen Support Joint R&D Projects
The Hong Kong, Guangdong and Shenzhen governments will support eight applied research and development (R&D) projects under a new category introduced in 2007 under the Hong Kong/Guangdong Technology Co-operation Funding Scheme to enhance Hong Kong's technology collaboration with Guangdong and Shenzhen.
Top Ranking for HKUST-Kellogg Program
For the first time, the Hong Kong University of Science and Technology (HKUST) topped an international ranking of executive MBA programs (EMBA).
Design Innovation Earns Top Awards
Hong Kong design firm CL3 Architects Ltd. achieved international praise by winning two prestigious awards for hospitality design.
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