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  • October 1, 2014
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  1. Business - Money - POINT OF LAW

    New law may bolster Hong Kong market for Islamic finance

    Posted Jan 16th 2013, 12:00am by DAVIDE BARZILAI

    ... Davide Barzilai Davide Barzilai, a banking partner at Norton Rose, talks about Islamic finance in Hong Kong New law will bolster HK market for Islamic finance The Financial Services ... or sukuk, market in Hong Kong. As part of the Hong Kong government's long-standing policy initiative to develop Islamic finance in the city, the bureau sent out a consultation paper ...

  2. Business - Banking & Finance

    Japan loses key finance roles to Hong Kong

    Posted Oct 01st 2012, 12:00am by Lulu Chen

    ... Census and Statistics Department, the number employed in the finance industry in the city had risen to 209,951 in March from 196,413 in 2010. Japan's headcount for the sector shrank from 1.8 ... Astbury Marsden for the Asia-Pacific region. O'Reilly said Hong Kong's continued rise as a global banking hub had helped shield the city from losing finance- related roles, but continued ...

  3. Mixed views on status of new finance council

    Posted Jul 09th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com The jury is out on the planned Financial Services Development Council, with some fearing overlaps in functions with other regulators and promotional bodies and others seeing an opportunity in it for Hong Kong. The proposal to ...

  4. Finance chief to loosen public purse-strings

    Posted Jul 08th 2012, 12:00am

    ... Dennis Chong dennis.chong@scmp.com Financial Secretary John Tsang Chun-wah said yesterday that he expects public spending to increase in the coming years, but warned that policymakers must take care to make sure increases do not get out of control. Tsang ...

  5. Market confused by finance chief

    Posted Dec 17th 2011, 12:00am

    ... The global economy faces headwinds amid the European sovereign debt crisis. Though more resilient, Asia will not be spared. The International Monetary Fund has warned the Hong Kong government that despite the city's relatively buoyant income growth a ...

  6. Challenge of finding qualified finance staff

    Posted Aug 20th 2011, 12:00am

    ... just this month, 34 per cent of Hong Kong employers are planning to increase their full-time staff in finance, accounting or banking in the second half of 2011. Nevertheless, 93 per cent reported challenges in finding qualified finance professionals. Furthermore, 88 per cent of employers are concerned about losing their top performers to other job opportunities next year. ...

  7. Retail, finance to drive hiring in third quarter

    Posted Jul 02nd 2011, 12:00am

    ... Rick Gangwani According to a recent Manpower survey, Hong Kong will continue to experience steady hiring activity through the third quarter. While banks and wealth management firms are tipped to account for much of the rise, the bulk of recruitment is lik ...

  8. Finance chief vows to curb property bubbles

    Posted Jun 20th 2011, 12:00am

    ... Tanna Chong tanna.chong@scmp.com Financial Secretary John Tsang Chun-wah pledged in his blog yesterday to step up efforts to curb bubbles in the property market. 'The current market situation is abnormal,' he wrote. 'It is difficult to pred ...

  9. Finance chief's visit marks a new era with Taiwan

    Posted Aug 29th 2010, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung in Taipei Financial Secretary John Tsang Chun-wah landed in Taipei yesterday to begin an historic visit marking a new era in Hong Kong-Taiwan exchanges. Arriving at the Taoyuan International Airport, Tsang spelt out modest expectations on ...

  10. Minibonds not on finance chiefs' agenda at height of meltdown

    Posted Mar 21st 2009, 12:00am by Joyce Man

    ... Joyce Man Hong Kong's finance chiefs did not discuss investor losses on minibonds in regular meetings held to monitor the city's financial stability and financial trends soon after the global credit meltdown began, legislators said yesterday, citing confidential minutes of the meetings. They accused the government of failing to respond properly to the collapse ...




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