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  • July 25, 2014
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  1. Property developers having a field day at the expense of homebuyers

    Posted Oct 25th 2009, 12:00am by Staff Reporter

    ... Homebuyers in Hong Kong have been exploited by property developers for decades. In recent years, the situation has got rapidly worse, with the percentage of genuine living space gradually shrinking. As a result of a high land-pricing policy, property developers are given a great deal of leeway when it comes to including uninhabitable spaces in the floor area. There can also ...

  2. Talking points

    Posted Feb 29th 2012, 12:00am

    ... Our editors will be looking ahead today to these developing stories... Gate closes on chief executive candidates at 5pm Today is the last day for anyone wanting to stand for election ... will meet Prime Minister Manmohan Singh and hold talks with Foreign Minister S.M. Krishna on the coming summit of the BRICS nations (Brazil, Russia, India, China and South Africa), bilateral ...

  3. Central bank vulnerable with no rules to govern top spot

    Posted Nov 03rd 2007, 12:00am by Shirley Yam

    ... is that Hong Kong operates a rule-based monetary system, with little significant discretion on the part of the Monetary Authority, and a well-developed banking supervisory system. This may have been ... the case. The city's monetary and banking system is now a critical element in the mainland's financial liberalisation. So is the head of the HKMA. The political ecology has also changed. ...

  4. Don't bank on universal suffrage by 2017

    Posted Sep 29th 2008, 12:00am by Chris Yeung

    ... Hong Kong's constitutional development. Although a climbdown over the 2017 timetable looks unlikely, it is plausible that Beijing and its allies here may prefer more restrictions ... a two-thirds majority in the legislature for the passage of the electoral model will be in doubt, potentially bringing democratic development to a standstill. With Hong Kong politics loaded ...

  5. Bank chief says HK must work harder

    Posted Mar 16th 2004, 12:00am by Carrie Chan, Chloe Lai, Kelvin Chan

    ... Kelvin Chan, Carrie Chan and Chloe Lai Beijing's assistance should be welcomed, but the city must use its own initiative to fix the economy The head of Hong Kong's biggest bank ... in Hong Kong to do something about it,' the chairman of the Hongkong and Shanghai Banking Corporation said. 'We can't just wait and expect it to all happen for us.' Mr Eldon ...

  6. Property developers brace for more woe

    Posted Oct 10th 2011, 12:00am

    ... a slide in the share prices of property developers, warned a fund manager. Tsang's admission in a radio programme on Saturday, in which he also acknowledged that the mistakes had fuelled ... the U-turn in the housing market would pull down the stock values of Hong Kong property developers. ...

  7. A failure to bring home the bacon

    Posted Jun 29th 2012, 12:00am

    ... Ming-yeung, who froze most measures for subsidised housing and suspended all land auctions. No study was conducted to forecast the demand for housing and little effort was made to build up a land bank ... a popular slogan in demonstrations, with protesters accusing developers of selling homes at exorbitant prices and dominating the economy. In the public sector, Tsang continued to uphold his pledge ...

  8. 36pc absentee rate at Tsang's strategic development talks

    Posted Aug 07th 2010, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung Once described by Donald Tsang Yam-kuen as the government's 'most important advisory body', the Commission on Strategic Development has an average absentee ... public consultation on subsidising home ownership. The commission was established by then chief executive Tung Chee-hwa in 1998 to explore long-term development strategies for Hong Kong. ...

  9. Bets are open for top financial job

    Posted Mar 27th 2012, 12:00am

    ... development secretary to take up the role, although it is no great surprise they like him so much- in the early 2000s, when he was Secretary for Financial Services and the Treasury, Ma helped them ... on such a stressful job. Hang Seng Bank chief executive Margaret Leung Ko May-yee, who will retire from the bank in May, has also been tipped for the job. Other candidates include Bank of East Asia senior ...

  10. John Tsang hits out at developers' sales practices

    Posted Oct 30th 2009, 12:00am by Gary Cheung, Paggie Leung

    ... Paggie Leung and Gary Cheung The financial secretary yesterday expressed concerns over confusing property sale prices and practices, and urged developers not to give out misleading information. 'Property developers should not mislead the market or deceive the public,' John Tsang Chun-wah said on the second day of the Legislative Council debate on the policy address. ...




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