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  • August 2, 2014
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  1. Comment - Insight & Opinion

    Steep management fees defeat purpose of providing affordable homes

    Posted Jul 31st 2014, 04:26am by SCMP Editorial

    ... there is a catch- a monthly management fee of about HK$2,000 for each flat. At HK$4.27 per square foot, the fee is higher than those for luxurious residential sites such as Bel-Air in Pok Fu Lam and The Cullinan in West Kowloon, which are equipped with clubhouses and other facilities. That the management fee costs nearly as much as the mortgage repayment defies common sense. The Housing Authority ...

  2. News - Hong Kong - PROPERTY

    Shock as Stanley's popular Apple Mall slated for closure due to fee increase

    Posted Jul 31st 2014, 04:41am by BRIAN YAP

    ... Brian Yap brian.yap@scmp.com Stanley's Apple Mall falls victim to 50 per cent rise in government fees Retailers shocked at mall's demise Shocked retailers have been given less than three months to clear out after the owner of a popular Stanley mall chose to close down in the face of a 50 per cent rise in government fees. The 20 or so shopkeepers at the Apple Mall ...

  3. Sport - Soccer - ENGLISH PREMIER LEAGUE

    Everton splash out record fee for Romelu Lukaku

    Posted Jul 31st 2014, 10:13am

    ... Agence France-Presse in London Belgium striker signs five-year deal after scoring 16 times in 33 appearances while on loan at Goodison Park last season Everton broke their club transfer record on Wednesday when they paid 28 million pounds (35.4 million eu ...

  4. News - Hong Kong - HOUSING

    High management fees likely for single-block developments, say property specialists

    Posted Jul 25th 2014, 03:42am by Olga Wong

    ... Olga Wong olga.wong@scmp.com Property specialists note that the government is pushing small developments to boost flat total High management fees likely for single-block homes The growing trend towards single-block flat developments as a result of the government's aggressive hunt for building land is likely to push up management fees for buyers of both private and subsidised ...

  5. News - Hong Kong - HEALTH

    Private hospitals may be forced to reveal fee details

    Posted Jul 17th 2014, 04:23am by Emily Tsang

    ... Emily Tsang emily.tsang@scmp.com The proposal is aimed at helping patients decide whether they can afford a particular treatment Private hospitals may be forced to reveal fee details ... One would require private hospitals to disclose the annual number of discharges, average length of stay and fees for common treatments for the fifth and ninth out of every 10 patients treated. ...

  6. Sport - Hong Kong

    Now TV seeks HK$6 million fee for Premier League coverage

    Posted Jul 15th 2014, 10:57pm by CHAN KIN-WA

    ... Chan Kin-wa kinwa.chan@scmp.com Clubs are outraged, saying they cannot afford high broadcasting cost HK$6m fee for TV coverage of league Television coverage of the inaugural Hong Kong Premier League is in doubt with clubs being asked to pay a fee of HK$6 million. The price was quoted by PCCW that runs Now TV, which has been the official broadcaster for the First Division ...

  7. Business - Comment - WHITE COLLAR

    Low-fee funds not high on pensions list

    Posted Jun 11th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com It would be better if MPF authority caps charges as employees prefer chasing better performers Low-fee funds not high on pensions list Everyone likes a bargain. And if we extend this truism to the thorny issue of fees for our retirement schemes, then perhaps we should be thankful that our pension regulator is trying to bring in rules to lower MPF ...

  8. Business - Banking & Finance - REGULATION

    Wider reform urged on MPF fee charges in Hong Kong

    Posted Jun 30th 2014, 01:40am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Regulator is told to expand the management fee cap proposed for the new core fund to all other 400 products under the retirement scheme Wider reform urged over MPF charges Lawmakers have urged the regulator of the controversial Mandatory Provident Fund to reduce fees on a wider range of funds and provide better protection for the 2.5 million ...

  9. Business - Money - PENSIONS

    MPFA proposes fee cap on pension funds

    Posted Jun 25th 2014, 02:37am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Regulator also calls for low-charge core plan for workers who fail to pick investment scheme MPFA proposes cap on fund fees All Mandatory Provident Fund schemes must introduce a low-fee core fund from 2016 for employees who do not know which fund to choose for their pension contributions. Under a plan proposed by the pensions regulator, it has ...

  10. Property - Hong Kong & China

    Property agents threaten SouFun boycott over rising fees

    Posted Jun 19th 2014, 12:55am by Peggy Sito

    ... threaten SouFun boycott over rising fees Four real estate agencies in Shenzhen, which account for more than 50 per cent of the city's brokerage market, have threatened to boycott SouFun Holdings in a bid to force the property website to cut its listing charges by half. The agencies said the fees charged by SouFun for listing their properties kept rising at a time when the market ...




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