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  • October 24, 2014
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  1. News - Hong Kong - POLITICS

    More questions raised over Franklin Lam's flat sales

    Posted Nov 26th 2012, 12:00am by Phila Siu

    ... flat 14C to a friend without going through an agent to save the 1 per cent commission. Another possibility was that he sold through an agent, but offered a smaller commission under the table, ...

  2. Former URA director jailed 15 months for fraud and bribery

    Posted Feb 04th 2009, 12:00am by Staff Reporter

    ... Loretta Fong A former executive director of the Urban Renewal Authority, Russel Hui, and his business partner were jailed yesterday for failing to pay almost HK$500,000 in stamp duty ... for nine flats. Hui's business partner, Mok-king-yu, 50, was jailed for 12 months on a joint conspiracy charge. Sentencing the pair, Deputy Judge David Dufton said the Stamp Duty Ordinance ...

  3. Number of complaints rises by 8 per cent

    Posted Jul 09th 2009, 12:00am by Peter So

    ... Peter So The number of complaints received by the Office of the Ombudsman rose 8 per cent to 5,386 in 2008-09. Of those, 650 were related to minibonds. The office investigated 247 complaints, 21 of which were substantiated and 171 partially substantiated. Meanwhile, 118 of 153 recommendations made by the Ombudsman in the past year were accepted by government departments. ...

  4. News - Hong Kong

    City Digest, September 15, 2012

    Posted Sep 15th 2012, 12:00am by DIGESTS

    ... Education row sinks Leung's popularity Chief Executive Leung Chun-ying's latest popularity rating dropped 6.4 per cent according to a TVB-commissioned Chinese University poll, and now stands at 47.4 points. Almost 60 per cent of the 540 respondents surveyed on Tuesday and Wednesday expressed "dissatisfaction" over the Leung administration's handling ...

  5. Solomon confident doctors will accept deal for on-call duty

    Posted Aug 02nd 2010, 12:00am by Patsy Moy

    ... the majority of doctors would accept the settlement offer, considering 93 per cent of public doctors accepted the previous settlement in 2006. The Court of Final Appeal ruled in October that doctors ... heatedly debated between public doctors and the authority. Solomon said working conditions had improved. The authority announced earlier that only 4.8 per cent of public hospital doctors worked ...

  6. Daily allowance for jury duty may top HK$360

    Posted Nov 08th 2008, 12:00am by Staff Reporter

    ... Albert Wong The government yesterday gazetted a new order increasing the allowance paid to jurors by 28 per cent from the current HK$280 a day. The order means a juror will receive HK$360 a day. Each could also be given an additional amount of up to HK$360 a day- subject to a judge's decision- adding up to a total maximum daily allowance of HK$720. The new order must first go ...

  7. 8 arrested over wine duty scam

    Posted Aug 14th 2007, 12:00am by Clifford Lo

    ... Clifford Lo Three directors and five employees of an importer that allegedly failed to declare the full price of French red wine to evade about HK$300,000 in duty have been arrested. The company undervalued the import price of the high-end wine- including bottles with a retail price of HK$10,000 each- by up to 40 per cent, according to a senior customs officer. The tactic, ...

  8. Rail builder wins contracts worth 15b yuan

    Posted Nov 01st 2008, 12:00am by Toh Han Shih

    ... Toh Han Shih China Railway Group said it recently won eight contracts worth 14.96 billion yuan (HK$16.96 billion), equivalent to 8.3 per cent of its revenue last year. By October 30, what remains of the state-owned firm's proceeds from its listing in Hong Kong comprised HK$65 million, US$1.68 billion and A$820 million (HK$4.31 billion), equal to about HK$17.4 billion. China ...

  9. Striking a balance

    Posted Nov 30th 2011, 12:00am

    ... are usually between 0.4 and 0.5 per cent of the sale price and are payable by the vendor. On the legal side, conveyancing fees are generally regarded as negotiable. Singapore stamp duty for residential sales is calculated on a fixed scale based on the financial size of the transaction. The starting rate is 1 per cent, which applies for transactions up to S$180,000 (HK$1.072 million). ...

  10. 15 years on, draft competition law comes to Legco

    Posted May 26th 2010, 12:00am by Dennis Eng

    ... the spotlight, including supermarkets and petrol station operators. Critics often cite the supermarket duopoly of ParknShop and Wellcome that controls more than 80 per cent of the market, and creates ...




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