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  • August 29, 2014
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  1. Tide is turning for euro-zone reforms

    Posted Jul 22nd 2003, 12:00am by John Kohut

    ... conflicts' as further reform bills go to the national legislature. Meanwhile, smaller nations in the 12-nation euro zone are furious that to finance reforms, Germany and France are breaking the rules ... and costly French healthcare system. Although saving only 42 million euros (HK$369 million) out of a 20 billion euro social security budget, critics see it as a step towards privatisation ...

  2. Euro-zone reforms facing obstacles

    Posted Jul 22nd 2003, 12:00am by John Kohut

    ... 'social conflicts' on the horizon as further reform bills make their way to the national legislature. Meanwhile, smaller nations in the 12-nation euro-zone are furious that to finance ... pharmaceuticals from the list of drugs eligible for reimbursement under the generous and costly French health-care system. Although saving only 42 million euros (HK$369 million) out of a 20 billion euro ...

  3. Expats rush in to escape Euro-woes

    Posted Jul 28th 2012, 12:00am

    ... you 500 euros [HK$4,700].' Although Fitchett recognises that Hong Kong is a better place to live in for a foreigner, he said he would consider moving back to Shanghai because of the less ...

  4. Officials don't dismiss tax-free zone

    Posted Oct 04th 2003, 12:00am by Jimmy Cheung

    ... The government has apparently shifted its stance on a proposal by Li Ka-shing to set up a tax-free industrial zone along the Hong Kong-Shenzhen border, saying it would consider any plan ... development,' he said. On Monday, Mr Tsang told the media the government had no plans to set up a special zone at the border for industrial development. Mr Tsang reportedly said Hong Kong could not turn ...

  5. Issuing shopping coupons is not the way to deal with crisis

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

    ... by providing credit services. Hong Kong people are famous for preferring to pay their way, rather than being given handouts. The problem with the present crisis is that nobody can forecast how long ... financial firms have been laid off, because of the financial crisis. Many of them are very capable and their talents are widely recognised. Their insight, if they were employed by the government, ...

  6. Proposed package does not offer realistic way out of the crisis

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

    ... the economy is recovering. Given the financial crisis means that more unemployment is on the way, the government should seriously consider appropriate short-term measures to stimulate the economy ...

  7. 14 beauty salons shut as the crisis bites deeper

    Posted Dec 01st 2008, 12:00am by Agnes Lam, Dennis Eng

    ... Dennis Eng and Agnes Lam At least 14 beauty salons, which mainly served employees in the financial sector, closed down in October and last month, with their customers badly affected by the economic crisis. About 100 salon employees are among the nearly 6,000 people in Hong Kong who have lost their jobs in the past six weeks as the global financial crisis worsens. More job losses ...

  8. Visa laws fuel labour crisis

    Posted Nov 30th 2007, 12:00am by Tim Metcalfe

    ... or close up shop altogether.' She expects the human resources crisis to 'dramatically' worsen as more hotels and casinos open, and believes Macau's current employment visa ...

  9. Subprime crisis shrinks pension fund returns

    Posted Sep 19th 2007, 12:00am by Enoch Yiu

    ... Enoch Yiu The US subprime mortgage crisis that has pummelled global stock markets also hurt the performance of Hong Kong's pension funds in the first seven months of the year. Local ... Watson Wyatt. Mark Konyn, chief executive of Mandatory Provident Fund provider RCM Asia-Pacific, said the impact of the subprime crisis would continue for the rest of the year and pension funds ...

  10. Construction industry tops survey of Q3 hiring plans

    Posted Jun 30th 2012, 12:00am

    ... will likely cater to seasoned frontline executives, says Chui. 'These positions remain in short supply in Hong Kong,' she adds. Amid the euro jitters, the finance, insurance and real estate ...




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