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  1. Mainland's top audit agency to check offices, companies in HK

    Posted Dec 30th 2008, 12:00am by Gary Cheung

    ... Gary Cheung The country's top auditing agency would next year examine how the central government's agencies and mainland-funded companies in Hong Kong managed state-owned assets, ... But such a high-profile approach is a bit unusual,' the source said. Another source said the central government was concerned about possible investment losses suffered by mainland-funded companies in Hong ...

    http://www.scmp.com/article/665326/mainlands-top-audit-agency-check-offices-companies-hk
  2. HK$2.4m rent sees Episode fleeing Central

    Posted Feb 11th 2011, 12:00am by Peggy Sito, Peter So

    ... mainland tourist spending. Total retail sales rose 18.3 per cent in value, or 15.5 per cent in volume, in 2010. The Episode shop will be taken over by German luxury goods company MCM, which ... was unavailable for comment. Fang, also the lawmaker for the wholesale and retail sector, said the company had been renting the 10,000 sq ft basement of the Entertainment Building for HK$1.3 million. ...

    http://www.scmp.com/article/737863/hk24m-rent-sees-episode-fleeing-central
  3. Taxman loses claim on Li & Fung foreign deals

    Posted Apr 19th 2011, 12:00am

    ... & Fung had earned from overseas customers in transactions handled by non-Hong Kong based affiliates was foreign-sourced income. Reyes also criticised the board for taking three and a half ... due on commissions received by Li & Fung's business in Hong Kong. However, the company viewed this as foreign-source income and not subject to Hong Kong profits tax. Li & Fung ...

    http://www.scmp.com/article/965518/taxman-loses-claim-li-fung-foreign-deals
  4. Swire Resources pins growth hopes on smaller mainland cities

    Posted Feb 08th 2010, 12:00am by Celine Sun

    ... director of Swire Resources. The sportswear retailer has more than 200 retail stores in Hong Kong, Macau and the mainland. The company operates three multi-brand sports and casual retail chains, ... in first and second-tier cities to more stores in second and third-tier cities, she added. Looking ahead Tam said the company's key objective would be to understand the needs of consumers ...

    http://www.scmp.com/article/705808/swire-resources-pins-growth-hopes-smaller-mainland-cities
  5. Citywide checks after block collapses

    Posted Jan 30th 2010, 12:00am by Staff Reporter

    ... including doors opening onto the fire escape and canopies attached to the external wall. According to records at the Land Registry and Companies Registry, the building is owned by Halesweet Limited, which is in turn owned by another company, Team Choice Investments, of which one Chak Oi-luen is the sole director. Chief Executive Donald Tsang Yam-kuen, who went to the scene some two hours ...

    http://www.scmp.com/article/704954/citywide-checks-after-block-collapses
  6. Small airlines complain over licence delays

    Posted Dec 14th 2009, 12:00am by Charlotte So

    ... my financial director did not ask them,' said Chan. Last month, the authority demanded a 'more focused' business plan from the company for the routes, including the result ...

    http://www.scmp.com/article/701312/small-airlines-complain-over-licence-delays
  7. CSL to employ a new chief executive next year

    Posted Dec 01st 2009, 12:00am by Staff Reporter

    ... Bien Perez CSL New World Mobility, which operates Hong Kong's largest mobile telephone network, will recruit a new head next year after Tarek Robbiati, its chief executive since July 2007, was named group managing director of the newly formed Telstra ...

    http://www.scmp.com/article/699965/csl-employ-new-chief-executive-next-year
  8. Court rejects challenge to Legco powers

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

    ... Albert Wong and Fanny W.Y. Fung The right of the legislature's select committees to summon witnesses was upheld yesterday in a court ruling that rebuffed the most serious legal challenge to Legco's powers since the handover. Rejecting an attempt ...

    http://www.scmp.com/article/693501/court-rejects-challenge-legco-powers
  9. Swire Pacific likely to boost earnings 22.3pc

    Posted Aug 03rd 2009, 12:00am by Sandy Li

    ... in the first quarter, compared with the 25 per cent fall in Central. 'Swire also has longer lease terms, which means that lease renewals are slower. The fact that the blue-chip company has less ... market, Swire sold 50 units at its Island Lodge development in North Point at an average HK$11,000 per square foot when it relaunched the project in June. But the company might not be ready ...

    http://www.scmp.com/article/688735/swire-pacific-likely-boost-earnings-223pc
  10. Mainlanders flock to Kowloon

    Posted Jun 17th 2009, 12:00am by Yvonne Liu

    ... Yvonne Liu Jiangsu businesswoman Ms Li secured Hong Kong residency in March under the government's Capital Investment Entrant Scheme by buying a flat in the Sorrento development above Kowloon Station for more than HK$7 million. To qualify under the s ...

    http://www.scmp.com/article/683884/mainlanders-flock-kowloon

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