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  • April 18, 2014
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  1. China plans MPF-like pension

    Posted Feb 17th 2004, 12:00am by Enoch Yiu

    ... At the same time, it would provide more business opportunities for trustees, fund managers and insurers. Mainland authorities such as the China Securities Regulatory Commission, China Insurance Regulatory Commission and the Ministry of Labour and Social Security were preparing a law to introduce the supplementary retirement scheme, he said. Rex Auyeung, a senior vice-president and chief ...

  2. News - Hong Kong - LABOUR

    Commission proposes minimum wage rise by HK$2 - but workers not impressed

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

    ... to ease poverty and will soon be eaten up by inflation, which stood at 3.7 per cent last month. The Minimum Wage Commission will submit its recommendation to the government next month ... workers were earning less than HK$30 per hour last year. The commission agreed to the proposal after its chairman, lawyer Jat Sew-tong, proposed the HK$30 rate to break a deadlock between ...

  3. News - Hong Kong - LABOUR

    No deal after tough talks by Minimum Wage Commission

    Posted Aug 24th 2012, 12:00am by Stuart Lau

    ... in the minimum wage. One person familiar with yesterday's negotiations by the Minimum Wage Commission told the South China Morning Post : "Government officials presented the latest economic ... the deadline for a final recommendation to be submitted to Chief Executive Leung Chun-ying. It is then up to the Executive Council to decide whether to adopt it. One member of the 13-strong commission ...

  4. China weighs reverse mortgages

    Posted Dec 08th 2003, 12:00am by Elaine Chan

    ... committee- comprising the firm controlled by the State Council, the China Insurance Regulatory Commission and the construction ministry- had been established to look at the feasibility of introducing ... Elaine Chan Elderly citizens could soon receive increased incomes under the scheme China is studying plans to introduce reverse mortgages to help elderly citizens increase their incomes ...

  5. SFC says overhaul plan will hurt image

    Posted Nov 05th 2004, 12:00am by Enoch Yiu

    ... Enoch Yiu A part-time chairman will be unable to fulfil duties, commission argues The Securities and Futures Commission (SFC) has expressed concern over the government's plan to turn ... the chairmanship becoming a part-time, non-executive, low-paid role. 'A majority of the members doubted that the chairmanship of a regulatory body like the commission could be part-time, given ...

  6. Extra 25b yuan from annuities to flood market

    Posted Aug 21st 2010, 12:00am by Staff Reporter

    ... In 2008, the China Securities Regulatory Commission said it would give corporate annuities wider access to the stock market as it tried to talk up the then-beleaguered market. The China Insurance ... bubbles. The benchmark index lost 1.7 per cent to 2,642.31 points yesterday. 'Fresh capital inflows have always proved an answer to a weak market,' West China Securities trader Wei Wei ...

  7. Poverty commission urges help for jobless

    Posted Jun 15th 2007, 12:00am by Jimmy Cheung, Klaudia Lee

    ... shop' for job seekers and better co-ordination on existing services. The Commission on Poverty also suggested relaxing the asset limit for elderly people applying for welfare and setting up ... Social Security Assistance (CSSA) payments, despite fears that an indefinite subsidy would discourage recipients from seeking work. Releasing the 127-page final report, Financial Secretary Henry ...

  8. Mainland banks may soon manage pension funds

    Posted Jun 28th 2007, 12:00am by Tom Miller

    ... to a mainland newspaper. The China Banking Regulatory Commission and the Ministry of Labour and Social Security had jointly drafted plans to establish pilot pension fund management companies within ... the newspaper said, citing a source at the China Insurance Regulatory Commission. Both the CBRC and the CIRC were unavailable for comment yesterday and the details of the new scheme remain unclear. ...

  9. Strive for quality secures the future

    Posted Jul 14th 2007, 12:00am by Caitlin Wong

    ... to meet its increasing demand for quality. Among the openings are positions for project managers, engineering positions relating to project design, management, commissioning and testing, as well as technician level maintenance operators and service mechanics. 'Extra manpower is needed to support our newly developed contracting business in Macau and China, and our product design ...

  10. News - Hong Kong

    Minimum Wage Commission close to agreeing HK$30 an hour

    Posted Sep 25th 2012, 12:00am

    ... Phila Siu phila.siu@scmp.com Commission edges towards HK$30 an hour after members debate heatedly Panel close to deal on revised wage floor The commission set up by the government to review the statutory minimum wage edged closer to supporting a new level of about HK$30 an hour, although no consensus had been reached by midnight. The 13-member Minimum Wage Commission met ...




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