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Winter 2007 <Text Only Version>
Hong
Kong Remains World's Freest Economy
Hong Kong remains the world's freest economy according to the
findings of the Economic Freedom of the World: 2007 Annual Report released by
the Cato Institute.?This marks the
11th consecutive year Hong Kong has topped
the ranking.
Full Story...
Hong
Kong submitted political development report
Hong Kong’s Chief Executive, Hon Donald Tsang, submitted to the
National People's Congress Standing Committee (NPCSC) a report summarizing
views received during a three-month public consultation exercise on the
models, roadmap and timetable for implementing universal suffrage for the
Chief Executive and the Legislative Council.
Full Story...
Hong
Kong's Financial Secretary visited Washington DC
Hong
Kong's Financial Secretary, Hon John C Tsang, visited Washington DC between 19 and 22 October.
The main
purpose of Mr Tsang's four-day visit to the capital was to attend the plenary
session of the annual meetings of the International Monetary Fund and the
World Bank.
Full Story...
Hong
Kong's Commerce Secretary visited Washington DC
Hong
Kong's Secretary for Commerce and Economic Development, Hon Frederick Ma,
visited Washington DC from 7 to 9 November 2007.?Mr Ma visited Washington
DC, and other North America cities, with a
view to providing an update on Hong Kong's
promising economic outlook and bountiful business opportunities to
administration officials, congressmen, academics, students and
representatives of the business community.
Full Story...
Hong Kong Safety Checks Can Protect Consumers
Hong Kong can be an important testing center for foodstuffs and other
exports destined for global markets, according to Keith Mussar,
a food safety specialist working with the Canadian Association of Importers
and Exporters.
Full Story...
Hong Kong Remains Leading Regional and Global
FDI Destination
Hong
Kong retained its position as Asia's second
largest destination for foreign direct investment (FDI), according to the
"World Investment Report 2007," released by the United Nations
Conference on Trade and Development (UNCTAD).
Full Story...
Hong Kong Remains Preferred City for
International Companies
Invest
Hong Kong, a Hong Kong Special Administrative Region government agency
charged with encouraging and facilitating inward investment, reported that
the city remained the preferred city in Asia for overseas and Mainland
companies, according to the results of an annual survey.?
Full Story...
Study of Major
Industrial Air Pollution Sources in Pearl River
Delta Region Launched
The
Environmental Protection Department of the Hong Kong Special Administrative
Region awarded a consultancy agreement to ENSR Asia (HK) Limited to undertake
a study of major industrial air pollution sources in the Pearl River Delta
(PRD) region.
Full Story...
Independent
Arbiter Meets Global Needs
Hong
Kong's
independent judiciary and pool of professional talent have earned the city a
widespread reputation for commercial dispute resolution.?During a recent road show to cities in the
region, a Hong Kong International Arbitration Centre (HKIAC) delegation found
Hong Kong's results speak for themselves.
Full Story...
First
Islam Fund Opens Financial Gateway
Hong
Kong
moved a step closer to becoming a hub for Islamic financing with the official
launch of its first fund based on Islamic or Shariah
laws.
Hong Kong
regulator, the Securities and Futures Commission (SFC), recently approved the
Hang Seng Islamic China Index Fund for sale to
retail investors as Hong Kong taps into one
of the fastest expanding fund markets in the world, estimated to be worth
US$500 billion by Standard & Poor's, the international ratings agency.
Full Story...
Hong Kong Offers Accountants a Healthy Bottom
Line
Hong
Kong
will continue to maintain its leading position as a magnet for finance and
accounting professionals, a survey by Robert Half International, the world's
largest finance and recruitment firm, shows.
Results
from the International Financial Salary Guide 2007 reveal it is a good time
to be seeking a role in Hong Kong, according
to Andrew Brushfield, Director, Robert
Half International Hong Kong.
Full Story...
As Air
Traffic Rises, Hong Kong Grows as Regional
Hub
The Asia-Pacific
region led global air travel in 2006, a year in which a record 4.4 billion
international passengers traveled.?
Figures released by the Airports Council International (ACI) for the
year ending December 2006 show Asia-Pacific to be the world's fastest growing
air traffic market, up 9.7 percent in the previous year and more than twice
the global average.?
Hong Kong International
Airport's (HKIA) share of this growth
strengthens year on year, accounting for an extra 7.4 percent of passengers
(45.8 million) and 2.8 percent 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.
Full Story...
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HONG KONG ECONOMIC AND TRADE
OFFICE IN WASHINGTON D.C.
1520 18th Street, N.W., Washington, DC 20036
Tel:
(202)331-8947 Fax: (202)331-8958
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Copyright @ 2003, Hong Kong Economic and Trade Office in Washington D.C.
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