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  • September 17, 2014
  • Last updated: 10:04pm
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  1. Alcohol 'impaired director's judgment'

    Posted Jan 31st 2012, 12:00am

    ... Joyce Man joyce.hyman@scmp.com A toxicology expert believed alcohol impaired the judgment of the former head of the Civil Aviation Department, who is accused of insider trading, when he ... Lam for making a profit of HK$79,436. Lam has resigned from Haeco. Lam has said he was under the influence of alcohol when he bought the shares. He said he had consumed four glasses of wine ...

  2. Shelve alcohol tax cuts, they're only being pocketed by the trade

    Posted Jun 02nd 2007, 12:00am by Staff Reporter

    ... for substantial cuts to tax on alcohol. In the 2007-2008 budget, the financial secretary announced tax on alcohol would be halved, reducing the duty on wine from 80 per cent to 40 per cent, and on beer, from 40 per cent to 20 per cent. He believed this would help promote the development of Hong Kong's catering industry, tourism, and wholesale and retail trades on alcoholic beverages, ...

  3. Catering industry calls for hefty cut in alcohol duty

    Posted Feb 06th 2007, 12:00am by Dennis Eng

    ... Dennis Eng The catering industry is urging the government to capitalise on the expected budget surplus in 2006-07 and slash alcohol taxes this year. 'If there is ever going ... Cheung Yu-yan, attended the briefing to show his support. The move is not about selling more alcohol but aimed at boosting tourism, Mr Zeman, the chairman of Lan Kwai Fong Holdings, said. Budget ...

  4. Coalition renews call for tax cuts on alcohol

    Posted Dec 19th 2006, 12:00am by Dennis Eng

    ... on alcohol by at least half to bring them to more competitive levels. It has pledged to pass on all the savings to consumers. Previous calls by the Hong Kong Wine and Spirits Industry Coalition ... might be cut by about 50 cents on average. Mr de Vroomen argues that government tax collections on alcohol have suffered or have been relatively stagnant over the years as consumers opt ...

  5. Duty on alcohol may be cut to boost tourism

    Posted Dec 04th 2004, 12:00am by Martin Wong

    ... Martin Wong Duty on alcoholic drinks may be lowered, saving drinkers up to $214 million a year- a move one catering industry representative said last night would give bars and restaurants ... to stimulate tourism. Duties range from 40 per cent to 100 per cent of value, according to the drink's alcoholic strength. The paper says the government does not think duty should be abolished ...

  6. Cheers for beer and wine but not for spirits

    Posted Mar 01st 2007, 12:00am by Dennis Eng, Norma Connolly

    ... Norma Connolly and Dennis Eng The halving of taxes on beer and wine will be a boon for the tourism, restaurant and wine trades, say alcohol and catering industry insiders. Financial Secretary Henry Tang Ying-yen gave wine lovers further hope for more affordable tipples when he said he would consider abolishing alcohol tax entirely if there was 'broad community ...

  7. G-Prop to fund methanol project

    Posted Aug 09th 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Kingboard Chemical Holdings, a Hong Kong-listed chemical products manufacturer, will partner property tycoon Joseph Lau Luen-hung's G-Prop Holdings to develop coking coal and methanol-related projects in the mainland. Kingboard Chemic ...

  8. Thai Beverage to acquire Anhui Gujing

    Posted Apr 14th 2007, 12:00am by Kandy Wong

    ... Kandy Wong Thai Beverage, the Southeast Asian country's largest brewer and distiller, has won the right to acquire state-owned Chinese white spirits producer Anhui Gujing Group, joining a parade of international firms that are buying into mainland br ...

  9. British brewer shops for China assets

    Posted Mar 30th 2006, 12:00am by Kandy Wong

    ... Kandy Wong SABMiller positions itself for profit, not market dominance London-based brewer SABMiller- the world's second-largest brewer by market value- will continue to hunt for smaller-scale acquisitions in China even though low pricing levels cont ...

  10. Tsingtao and Japan's Suntory in beer venture

    Posted Jun 07th 2012, 12:00am

    ... Charlotte So Charlotte.so@scmp.com Tsingtao Brewery and Japanese beverage company Suntory have agreed to jointly produce and sell beer in eastern China. With their home market shrinking, Japanese brewers have been looking to expand in China, the world ...




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