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  • October 26, 2014
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  1. Canada fund opens first overseas office with US$200m investment

    Posted Feb 27th 2008, 12:00am by Staff Reporter

    ... Cameron Dueck The Canada Pension Plan Investment Board (CPPIB), which manages US$119.4 billion in Canada's social security funds, is putting US$200 million into FountainVest, a newly ... in Hong Kong is in line with the fund's plans to invest much of its future capital overseas, with much of it expected to come from Canada eventually. About 50 per cent of the fund is invested ...

  2. Accountants' Canada dispute may be a job for Macau's Mr Fixit

    Posted Dec 21st 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu Edmund Ho Hau-wah, who began his second term as Macau's chief executive yesterday, bore the exuberant praise of China's most powerful man, President Hu Jintao, with the confidence and modesty characteristic of his profession. Mr Ho is, after all, an accountant. After gaining his qualifications as a chartered certified accountant in Canada in the 1980s, he went ...

  3. Revamp tax base before next slump: bank chief

    Posted Mar 02nd 2005, 12:00am by Dennis Eng

    ... Dennis Eng Hong Kong Bank's incoming chairman, Vincent Cheng Hoi-chuen, who will take up his new post in May, has urged the government to overhaul the city's tax regime with concessions for wage-earners. 'The government should consider whet ...

  4. Concrete action in tax report ruled out

    Posted Apr 30th 2007, 12:00am by Staff Reporter

    ... Denise Hung No concrete measures will be recommended in a forthcoming government report to solve the challenges faced by Hong Kong's tax system, although the majority of the public agree the city needs to broaden its tax base. A government source sai ...

  5. Why should wealthy HK and Singapore still fight for foreign capital?

    Posted Feb 21st 2007, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'Singapore cuts corporate tax to narrow gap with Hong Kong' SCMP headline, February 16 I THINK WE probably have general agreement here. The reason Singapore has just cut its corporate tax rate to 18 per cent is to compete ...

  6. A good tax in service of democracy

    Posted Mar 03rd 2005, 12:00am by Staff Reporter

    ... Sin-Ming Shaw On a normal day, only fools, tax-and-spend politicians or billionaires with a conscience seek higher taxes. But not every day is normal. Raising taxes can be good, and lowering taxes may be bad. Under US President George W. Bush, taxes have ...

  7. Suspect in bank fraud surrenders

    Posted Jan 31st 2012, 12:00am

    ... after seven years of self-imposed exile in Canada. Li Dongzhe, 45, is said to have played a key role in the fraud from 2000 to 2004, Xinhua reported yesterday, quoting a statement from ... smuggling case in Xiamen, Fujian, was repatriated from Canada in late July, after fleeing the mainland for 12 years. Meanwhile, Zeng Hanlin, 66, a millionaire who fled to Canada in 2004 ...

  8. Lai See

    Posted Nov 18th 2003, 12:00am by Staff Reporter

    ... of a sleepy outlying island in Hong Kong recently found this out the hard way, and all because he banks with HSBC Bank Canada. HSBC Bank Canada sent him a notice requiring his 'immediate attention'. The bank needed to know urgently whether he was a US citizen. In a paragraph beginning 'why you need to respond promptly', the bank explained: 'HSBC Bank Canada ...

  9. Accountants propose alternatives to GST

    Posted Dec 15th 2006, 12:00am by Ambrose Leung

    ... Ambrose Leung A land and sea departure tax, a capital gains tax or an income tax levied on Hong Kong citizens worldwide should be considered as alternatives to broaden the tax base, Hong Kong accountants say. The Hong Kong Institute of Certified Public Ac ...

  10. first person

    Posted Sep 07th 2006, 12:00am by Simon Parry

    ... As told to Simon Parry William Chan Che-kwong, 58, chairman of the Oriental Watch Group, was one of an estimated 6,000 people who marched in protest against a goods and services tax (GST) last month. He explains why he believes the tax would be damaging a ...




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