September - October 2011 <Text Only Version>
Chief Executive Delivers 2011-12 Policy Address
In October, Chief Executive of the Hong Kong Special Administrative Region, Donald Tsang, delivered his final Policy Address, “From Strength to Strength,” of the Third Term Hong Kong Special Administrative Region Government.
Financial Secretary Attends IMF-World Bank Annual Meetings
In September, Financial Secretary, John C. Tsang, attended the Plenary Session of the Annual Meetings of the International Monetary Fund and World Bank in Washington, D.C.
Hong Kong Government Appointments
Stephen Lam has been appointed Chief Secretary for Administration of the Hong Kong Special Administrative Region, replacing Henry Tang who has resigned. The Director of the Chief Executive’s Office, Raymond Tam, will replace Mr. Lam as Secretary for Constitutional and Mainland Affairs.
Record High Number of Companies with Regional HQs: U.S. Tops Lists
The total number of overseas and Mainland Chinese parent companies running business operations in Hong Kong recorded its highest level to date with 6,948 companies, a 5.9 percent increase from 2010, according to an annual survey released by Invest Hong Kong and the Census and Statistics Department.
Third Hong Kong Wine & Dine Festival
On October 27, at the West Kowloon Waterfront Promenade, the 2011 Hong Kong Wine and Dine Festival was officially launched amid jazz tunes by erhu-player Jessie Hou and singer Mimi Lo. Their East-meets-West performances gave a rousing start to the four-day festival organized by the Hong Kong Tourism Board.
Risk Managers: U.S.' FTI Consulting
Some companies thrive in uncertain times. NASDAQ-listed FTI Consulting is one of them. The specialist advisory firm, based in the United States, has grown into a global practice with offices in 26 countries, including regional headquarters in Hong Kong.
Government Welcomes Google's Plan to Set-up Data Center
The Hong Kong government welcomed Google’s announcement in September of its plan to build a data center in Hong Kong. It believes that Google could leverage Hong Kong’s competitive edge to further enhance its business in the region.
HK-US Collaborate to Expand Opportunities in Environmental Protection
On October 26, the Environmental Protection Department signed a Statement of Intent with the United States Environmental Protection Agency that outlines a joint commitment for closer cooperation.
Hong Kong Geopark Gains Global Status
The Global Geoparks Network (GGN), which is supported by the United Nations Educational, Scientific and Cultural Organization, announced its acceptance of Hong Kong National Geopark as a member of the GGN at the 10th European Geoparks Conference in Langesund, Norway on September 17.
HKIA Wins Three International Best Airport Awards
Hong Kong International Airport (HKIA) has again been honored as the best airport worldwide – this time with three awards over the past three months from readers of renowned international publications TTG, Condé Nast Traveller and SmartTravelAsia.com.
"Hong Kong 2010" Yearbook iPad App
In October, the Information Services Department (ISD) of the Hong Kong Special Administrative Region Government launched a new iPad application (app) for the government’s latest yearbook, “Hong Kong 2010.”
Consultation on Proposed Regulatory Regime for OTC Derivatives Markets
The Hong Kong Monetary Authority and Securities and Futures Commission issued a joint consultation paper on the proposed regulatory regime for Hong Kong's over-the-counter (OTC) derivatives market.
Hong Kong and New Zealand Sign Arrangement on Education Cooperation
On October 13, the Education Bureau of the Hong Kong Special Administrative Region Government and the New Zealand Ministry of Education signed an Arrangement on Education Cooperation that will help build and strengthen the education relationship between the two places.
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