10 years and counting - a decade of offshore Renminbi business
It's been 10 years since offshore Renminbi business was launched in Hong Kong.
On February 25, 2004, banks in Hong Kong became the first globally to be able to provide personal customers with offshore Renminbi banking services. Since then, the city has firmly established itself as the pioneer and focal point for developing new products and promoting the widespread use of the Mainland China currency around the world.
Speech by Deputy Secretary for Financial Services and the Treasury (Financial Services) at Asia Pacific Securities Market Leadership Forum 2014
Following is the speech by the Deputy Secretary for Financial Services and the Treasury (Financial Services), Miss Salina Yan, at the Asia Pacific Securities Market Leadership Forum 2014 today (February 27):
Financial Secretary targets competitiveness, livelihood issues in Budget
The Financial Secretary, Mr John C Tsang, today (February 26) unveiled his Budget with wide-ranging measures to boost Hong Kong's economy and sharpen the city's competitive edge.
Mr Tsang also unveiled a $20 billion package of relief measures for various sectors of the community and outlined the Government's financial planning strategy amid an ageing population and shrinking workforce.
Financial Secretary stresses need for long-term fiscal planning
The Financial Secretary, Mr John C Tsang, outlined the Government's long-term financial planning strategy in his Budget today (February 26).
Mr Tsang proposed several measures to avert the risk of the Government incurring a structural deficit in the medium-to-long term in three main areas, namely containing expenditure growth, preserving the revenue base and saving for the future.
Speech by Secretary for Justice at seminar on "Hong Kong - An International Hub for Legal & Arbitration Services" in Vietnam
Following is a speech by the Secretary for Justice, Mr Rimsky Yuen, SC, today (February 20) at a seminar on "Hong Kong - An International Hub for Legal & Arbitration Services" in Vietnam:
Sydney leaders gather to celebrate Chinese New Year 2014
Over 500 leaders from across business, the arts, sports and politics celebrated Chinese New Year with the Hong Kong Economic and Trade Office (HKETO) on 10 February in Sydney to welcome the Year of the Horse.
HKETO proud to support the 2014 Auckland Lantern Festival
For the seventh year in a row, the Hong Kong Economic & Trade Office (HKETO) is proud to support the Auckland Lantern Festival (14 - 16 February 2014). Visitors to Albert Park where the Festival is held will be greeted by a beautiful video Hong Kong Gateway with LED panels showcasing Hong Kong as a cosmopolitan city of great vitality and rich diversity.
Sand painting video showcases Hong Kong's diversity
Racing into the Year of the Horse, the Information Services Department (ISD) has today (February 2) launched a new promotional video to showcase Hong Kong's characteristics as a fast-paced, lively and creative city.