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  • July 24, 2014
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  1. Shops welcome yuan credit card plan

    Posted Nov 19th 2003, 12:00am by Kelvin Chan

    ... of the welcome sounds resulting from the announcement yesterday of new rules to pave the way for yuan-denominated credit cards and bank accounts. The news that, starting next year, shoppers will be allowed to pay for purchases in Hong Kong using yuan credit cards has put a smile on the faces of local retailers. Retail chains and tour guides said mainland customers, who they already see ...

  2. Report card credits 'stable outlook'

    Posted Aug 27th 2004, 12:00am by Staff Reporter

    ... economic and financial policies. 'A successful effort by the political establishment and government to broaden the revenue base would strengthen the territory's current credit ...

  3. Amex gives credit where it is due

    Posted Aug 27th 2005, 12:00am by Eric Lowe

    ... as a travel and banking office. Of course, times have changed and, while the company is better known nowadays for one of the things that Hong Kong loves best- the credit card- it maintains a strong ... people is an ongoing process as we have aggressive expansion plans for our private banking, wealth management and payment or credit card business.' While the company wants to move some ...

  4. Travel on the cards for role of regional controller

    Posted Jun 16th 2007, 12:00am by Jolene Otremba

    ... requirements, ensure proper credit support covering the Asian trading counterparties, monitor internal mini-audits in the region, maintain and update the business unit policies and procedures database, ...

  5. Yuan trade boost on the cards for banks

    Posted Sep 06th 2005, 12:00am by Ambrose Leung

    ... taking, credit cards, remittance and foreign exchange- at the end of February last year. By July this year, deposits had risen to more than $21.9 billion, prompting lenders to begin lobbying ...

  6. Talkback

    Posted Aug 30th 2008, 12:00am by Staff Reporter

    ... Have you been asked to pay a credit card surcharge? I refer to the report ('Watchdog targets credit card ploys', August 16), which requires clarification. I come from a retail background and would like consumers to realise that small transactions are solely for the benefit of the credit card companies. If you are purchasing an item for a small amount on a credit card ...

  7. News - China - PEARL BRIEFING

    Guangdong party boss Hu Chunhua keeps his cards close to his chest

    Posted Mar 16th 2013, 12:00am by Mimi Lau

    ... can get on with the task soon and begin to deliver on concrete policies that focus on more than just GDP rankings. Guangdong party boss keeps his cards close to his chest ...

  8. Investors on the money

    Posted Aug 07th 2012, 12:00am

    ... basis. Research by MasterCard shows that Hongkongers have been ranked third in terms of overall level of financial literacy in Asia-Pacific. The MasterCard Worldwide Index of Financial Literacy is based on a survey conducted between April and June this year, with 6,904 respondents aged 18 to 64 in 14 Asia-Pacific countries. MasterCard says the survey polled consumers on three aspects ...

  9. In Brief

    Posted Sep 03rd 2004, 12:00am by Staff Reporter

    ... Hong Kong has top credit card repayment record Three-quarters of Hong Kong's 8.8 million credit card accounts were fully repaid at the end of the financial year, giving the city one of the strongest repayment records in the world. A study by Visa International compared credit card usage and repayment patterns in Hong Kong, Singapore, Taiwan and Thailand. The study found 75.49 per cent ...

  10. Credit crunch poses risk to Macau's VIP gambling

    Posted Dec 15th 2011, 12:00am

    ... Wells Fargo Securities gaming analyst Cameron McKnight in a report. The credit-driven VIP segment, which accounts for around 75 per cent of total revenue in the world's biggest casino ... months have seen several analysts highlight the risks to Macau posed by a potential credit crunch among VIP junket agents- the middlemen who bring high-stakes players to casinos, issue them ...




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