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  • November 28, 2014
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  1. New handouts to be unveiled

    Posted May 26th 2009, 12:00am by Gary Cheung

    ... announce the relief measures this week. Hong Kong's economy shrank a worse-than-expected 7.8 per cent year on year in the first quarter- the biggest decline since the Asian financial crisis 11 ... in their loan-guarantee scheme. Registered Hong Kong companies are currently guaranteed 70 per cent of loans, but this will be increased. The government will also provide relief for sectors hit hard by the global ...

  2. Xi Jinping reveals new boost for HK business

    Posted Jul 08th 2008, 12:00am by Gary Cheung

    ... and the Chinese People's Political Consultative Conference in March about the importance of concentrating efforts on developing Hong Kong's economy and improving the livelihoods of its people. ... Gary Cheung and Fanny W. Y. Fung Services companies in Hong Kong can look forward to additional measures giving them preferential access to the mainland market, with a deal to be signed ...

  3. Talks under way to expand scale of HK yuan business

    Posted Jun 30th 2006, 12:00am by Gary Cheung

    ... Maria Chan and Gary Cheung The Hong Kong Monetary Authority and the People's Bank of China have begun studying details for the expansion of yuan-denominated business in Hong Kong. The two banking regulators would discuss plans to allow Hong Kong imports from the mainland to be settled in yuan and allow mainland financial institutions to sell yuan-denominated bonds ...

  4. Big guns being wheeled out to fire first shots in battle over GST

    Posted Jul 18th 2006, 12:00am by Gary Cheung

    ... during the nine-month consultation on the proposals. Chief Executive Donald Tsang Yam-kuen said the government would not force a GST on Hong Kong people, and there was plenty of time ... tourism, hotels, catering and jewellery retailing, have formed an anti-GST coalition. They say their aim is to preserve Hong Kong's advantages as Asia's 'world city' ...

  5. News - Hong Kong - FINANCE

    Budget promises bounty, but relief measures likely smaller

    Posted Feb 18th 2013, 12:00am by Tony Cheung, Gary Cheung

    ... Tony Cheung and Gary Cheung Rates and rent waivers, and tax rebate, among measures likely to be announced by John Tsang BUDGET PROMISES BOUNTY OF BILLIONS Relief measures worth billions of dollars, including the waiver of property rates and public housing ...

  6. HK should not rely on mainland to prop up its economy: academic

    Posted Aug 25th 2003, 12:00am by Chloe Lai, Gary Cheung

    ... it revitalise Hong Kong's economy. 'It's reasonable for the central government to help Hong Kong get out of the current economic gloom,' he said, 'However, the mainland's support can only give a short-term stimulus to Hong Kong's economy. Hong Kong people should strive to enhance the city's competitiveness in the long run.' Professor Zheng's ...

  7. Brain drain to mainland could hurt local economy

    Posted Nov 02nd 2005, 12:00am by Gary Cheung

    ... Policy Unit survey has found. And a government adviser says the high number of professionals from the city living across the border could have a negative impact on Hong Kong's economy. About ... might have a negative impact on the economy and human resources in the city. 'But looking from a positive angle, it indicates that a substantial number of Hong Kong people are seeking jobs ...

  8. Business - Economy

    Beijing fails to win hearts and minds of Hongkongers with Cepa trade pact

    Posted Jul 05th 2013, 12:00am by Gary Cheung

    ... to win hearts and minds From the very beginning, the Closer Economic Partnership Arrangement was more than simply helping out Hong Kong's battered economy in the wake of severe acute ... that as well as being intended to boost the economy, "The agreement also indicates the central government's concern and support for Hong Kong." The need to do so became clearer two days ...

  9. United effort is key to economic revival

    Posted Sep 05th 2003, 12:00am by Gary Cheung

    ... problems. Ms Wu was quoted as saying that although the pact could help to improve the city's economy, Hong Kong's economic revival depended on different sectors of the community working ... Hong Kong's revival hinges on the effective implementation of the free-trade pact struck with the mainland, a senior central government official said yesterday. By itself, the Closer ...

  10. Premier confident of HK's recovery

    Posted Jun 30th 2003, 12:00am by Gary Cheung

    ... By building on its strengths and giving its service sector a pivotal role, the city's rise is unstoppable, says Wen Jiabao Hong Kong can revitalise its economy by retaining its strengths as a free economy and enhancing its lure to foreign investors, Premier Wen Jiabao said yesterday. 'I'm convinced that nothing can stop Hong Kong's march towards greater ...




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