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  • September 22, 2014
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  1. Foreign investment in Shanghai surges by 40pc

    Posted Jul 04th 2003, 12:00am by Bill Savadove

    ... Sars fails to deter overseas interest in the city, but unemployment is rising Unshaken by the Sars outbreak, foreign investors committed US$6.07 billion in funds to Shanghai in the first half of this year, up 40 per cent on last year. In June, contracted ...

  2. Concessions eyed for Chapter 11 bill

    Posted Feb 01st 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu The government is preparing to make concessions to business and unions to win support for its long-delayed Chapter 11-style bankruptcy bill, including reducing director liability for insolvent trading and more protection for workers. It is the third attempt in a decade to push through the corporate rescue bill that aims to give troubled companies six months' breathing space ...

  3. Talk to your employer and cut your tax bill

    Posted Jan 31st 2010, 12:00am by Staff Reporter

    ... a significant difference to their tax bill. And, the difference is a substantial reduction in tax. Let us start with the 'non-Hong Kong employment' clause. Those who travel outside Hong Kong ... a claim for any deduction. I have come across some clients who think it somewhat immoral to try and reduce their already low tax bills. I would argue that they might still wish to claim ...

  4. Give helpers minimum wage, but make them pay their own bills

    Posted Jan 17th 2010, 12:00am by Staff Reporter

    ... in the minimum wage bill? If they were included and still expected the current benefits then their gross wage would be well above HK$10,000. Do they really believe this is realistic? I have recently ...

  5. Doctor's bill

    Posted Jun 13th 2004, 12:00am by Staff Reporter

    ... The government says a medical savings scheme to be unveiled this week will cover for life those who join in their 20s and give them a cash surplus. Contributions will be 2 per cent of income. How successful do you think the Health Protection Account, desi ...

  6. $328b bill for civil servants' leave and pensions

    Posted Jan 06th 2004, 12:00am by Jimmy Cheung

    ... Jimmy Cheung The bill for civil servants' leave and pension entitlements is $328 billion, according to the government's new accounting system designed to determine its true ... the government has to clear the bill in one go for 170,000 civil servants. We are talking about payments across 40 to 50 years,'' she said. The Civil Service Bureau said that recruits after ...

  7. Employers eye gyms to lower health bills

    Posted Nov 30th 2003, 12:00am by Raymond Ma

    ... Raymond Ma Corporate memberships of fitness centres see a quantum leap More employers in Hong Kong are encouraging their staff to join health clubs to stem corporate medical bills which have hit record levels. The soaring medical costs are blamed on the inactive lifestyle of Hong Kong's army of office-dwelling, coffee-drinking, white-collar workers. Net medical insurance ...

  8. A radical solution to the world's economic problems

    Posted Dec 02nd 2008, 12:00am by Tom Holland

    ... with Tom Holland You are probably too busy to have paid any attention, but for the next couple of days something called the Clinton Global Initiative, or CGI, will be holding a meeting ... In addition to old Bill himself, delegates may get to rub shoulders with Philippine President Gloria Macapagal-Arroyo, the presidents of Mongolia and Timor-Leste and that old blow-hard Lee Kuan Yew, ...

  9. Corrections & clarifications

    Posted Nov 16th 2010, 12:00am by Staff Reporter

    ... In the article headlined 'Cafe de Coral wage dispute politicised' on November 9, chairman Michael Chan Yue-kwong was misquoted as saying the introduction of a minimum wage would increase the company's wage bill by HK$120 million a month. It should have been HK$120 million a year. ...

  10. The law of confusion

    Posted May 07th 2011, 12:00am

    ... and there is rising dissatisfaction among more or less everyone. It might be imagined that the government would have ironed out these problems while the bill was under scrutiny in the Legislative Council. Every single one of the problems that have now been brought to light were raised by legislators during the bill's drafting stage but the government blithely ignored them, confident in its ...




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