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  1. Five appear in 1 trillion yuan tax-fraud case

    Posted Feb 23rd 2008, 12:00am by Staff Reporter

    ... according to the Ministry of Public Security. The fake receipts that were confiscated could fill two trucks.' The fraud was uncovered when police found 128,300 fake receipts worth 18.7 million ... has since been destroyed. 'The fake receipts look almost the same as the real ones. Consumers and even the tax collectors find it hard to distinguish between them,' Luoping tax chief ...

  2. Private insurance model a prescription for deceit

    Posted Jun 12th 2008, 12:00am by Darren Mann

    ... insurance fraud is widespread, and overwhelmingly committed by health care providers; deception by consumers is comparatively rare. 'White collar' (or more properly 'white coat') ... for costs to go- up- through running expenses and fraud. The government's proposal is to pool health-care-financing risk with a flat premium insurance scheme open to all, and administrative ...

  3. 50 top managers guilty of HK$3b in deceit in past 5 years, ICAC says

    Posted Dec 09th 2008, 12:00am by Staff Reporter

    ... Joshua But Fifty people from the top management of locally listed companies have been convicted of dishonesty in the past five years, with the total amount of fraud and corruption topping ... Commission Against Corruption revealed that 18 cases concluded since 2004 involved HK$2.5 billion of fraud or scams on letters of credit. Another HK$200 million involved bribery or kickbacks, ...

  4. In Brief

    Posted Oct 04th 2008, 12:00am by Staff Reporter

    ... cent. The highest base salaries were those in business development, procurement, marketing and account director roles. Tough economic times result in increased fraud cases Companies worldwide have lost an average of US$8.2million due to fraud over the past three years, according to a recent survey. The survey by risk consulting firm Kroll and the Economist Intelligence Unit of 890 ...

  5. Confidence down, but Hongkongers love a bargain

    Posted Nov 07th 2008, 12:00am by Dan Kadison

    ... Dan Kadison Worldwide consumer confidence has plunged because of the financial crisis, but many Hongkongers are still willing to shell out money if the price is right, according to a study released yesterday. The Nielsen Company polled more than 26,000 people in 52 markets and found that consumer confidence around the world was at an all-time low, said the firm, which launched its ...

  6. Six groups given the green light to carry out exit polls

    Posted Sep 06th 2008, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung and Eva Wu Pollsters to cover every voting station on Hong Kong Island Six organisations have been approved to conduct exit polls during tomorrow's Legislative Council elections, the Registration and Electoral Office said. The announ ...

  7. Concerns lead to tighter grip over exit polls on voting day

    Posted Sep 04th 2008, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung and Albert Wong University of Hong Kong pollster Robert Chung Ting-yiu has amended arrangements for releasing Legislative Council election exit poll results to media organisations after political parties and the media itself raised concer ...

  8. TV set-top boxes fail safety tests

    Posted Jun 17th 2008, 12:00am by May Chan

    ... May Chan Safety concerns about digital television set-top boxes were raised after four of 10 brands sampled by the Consumer Council showed safety deficiencies. Samples of the four brands ... confirming their capacity to provide reception. Legislator Fred Li Wah-ming, a member of the Legislative Council's information technology and broadcasting panel and of the Consumer ...

  9. No tightening of rules on exit polls, watchdog decides

    Posted Jul 11th 2008, 12:00am by Ambrose Leung

    ... Ambrose Leung Parties may use information to make 11th-hour moves Beijing-loyalist candidates in September's Legislative Council election can continue to use exit polls to make last-minute adjustments to campaign strategies, after the election watchd ...

  10. Consumer Council starts online database of prices

    Posted Sep 30th 2008, 12:00am by Joyce Ng

    ... Joyce Ng The Consumer Council yesterday launched an online database to provide daily updates on the price of goods at four supermarket chains. An academic hailed the new move as progress, ... basket' feature to help Web users calculate and compare the total costs of their intended purchase from the four stores. The database aimed to maintain consumer awareness over prices during ...




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