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  • October 21, 2014
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  1. Christmas 2011, not the rosiest date to put in your diary

    Posted Dec 27th 2011, 12:00am

    ... of two new indices- the 'hamper index' and the 'diary index'. Brokerages and financial firms tell us that the number of Christmas hampers they received fell 30 per cent this year. Diaries are also affected. Normally around December a blizzard of diaries and calendars in all shapes and sizes are sent to financial firms' clients and business partners- ...

  2. Financial secretary sees no need to use reserves

    Posted Oct 14th 2008, 12:00am by Staff Reporter

    ... came one day after Undersecretary for Financial Services and the Treasury Julia Leung Fung-yee suggested Hong Kong might use all foreign reserves to stabilise its financial markets. Asked ... Ng Kang-chung and Phyllis Tsang Hong Kong sees no need to use its foreign reserves to rescue banks, the financial chief has said. But he also warned that the city could fall ...

  3. HKT seeks to launch 4G services by July

    Posted Feb 28th 2012, 12:00am

    ... Bien Perez bien.perez@scmp.com HKT Trust and HKT, which owns the largest fixed-line network operator in the city, plans to launch high-speed 4G services before July after posting solid ... of new smartphones that could support the company's 4G network based on the standard called long term evolution would determine how quickly the service would be launched over the next few ...

  4. Regulator moves for convergence of voice, data and cable-TV services

    Posted Mar 14th 2007, 12:00am by Staff Reporter

    ... for telecommunications firms to run broadcasting services. Analysts said the convergence meant that the Ministry of Information Industry, which oversees the telecommunications sector, would take more power from ... television services, while cable-television operators cannot offer telephone services. This has prevented telecommunications players from offering a comprehensive service package that includes voice, ...

  5. HSBC trims services in seven-day banking

    Posted Sep 02nd 2006, 12:00am by Staff Reporter

    ... next Saturday from 9am to 4.30pm while 10 branches will be open next Sunday to offer financial planning services from 12.30pm to 4.30pm. At present, 114 branches are open on Saturday mornings. ... a five-day work week, hiring an extra 400 staff. Paul Thurston, general manager for personal financial services, said the new arrangements would strike a balance between the needs of customers ...

  6. VODone plans online news service

    Posted Jul 03rd 2007, 12:00am by Staff Reporter

    ... Frederick Yeung Mainland internet video streaming portal VODone is targeting at least three million paid subscribers this year for the real-time financial news channel it plans to launch in partnership with Reuters and other news providers, according to chairman Zhang Lijun. The company planned to establish an English-language online financial news channel that would provide mainland ...

  7. Digital China to invest more in IT services

    Posted Mar 13th 2007, 12:00am by Staff Reporter

    ... of information technology products, is to seek more profit from the higher-margin IT services business in the next two years as the government gradually opens up the market. 'We will lose our advantage if we do not invest more in our IT services business now,' said director of corporate planning Wycee Liu Yuqing. Hong Kong-listed Digital China, whose customers include the State ...

  8. China set to overtake Australia in IT services

    Posted Jun 06th 2006, 12:00am by Staff Reporter

    ... industries in terms of technology service adoption, many mainland technology services providers are fragmented- with large numbers of small players in government, financial services, utility, ... Bien Perez Mainland expected to gain 24 per cent of regional market share by 2010 by moving over to provision of technology services Driven by surging domestic demand, China will overtake ...

  9. Insurance body expands credit information services for exporters

    Posted Oct 28th 2004, 12:00am by Shirish Nadkarni

    ... facilities to Hong Kong's exporters of goods and services that trade with overseas buyers on credit terms, usually of up to 180 days. Services cover exports shipped and re-exported from Hong ... provides a forum for the exchange of information, experience and expertise among its 52 members from 43 nations. 'Our policies are widely accepted by financial institutions as collateral ...

  10. Net gains

    Posted Feb 04th 2009, 12:00am by Joseph Wong

    ... If Hong Kong's tax base is too narrow, then the government should be brave enough to broaden it, writes Joseph Wong In his consultation document on the 2009-10 budget, Financial ... pay salaries tax. Is this problem really as serious as Mr Tsang suggests? And how shall we broaden the tax base? Eleven years ago, the then-financial secretary, Donald Tsang Yam-kuen, in his ...




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