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  1. Business - Economy - CARS

    China mulls 100b yuan in funding for charging stations for electric cars

    Posted Aug 28th 2014, 05:03am by BLOOM

    ... Bloomberg in Beijing Beijing mulls 100b yuan plan for charge network The mainland is considering providing as much as 100 billion yuan (HK$126 billion) in government funding to build ... to provide further details of the plan, such as how long the programme would last or whether the chargers would be compatible with cars made by US carmaker Tesla Motors. Increased state funding would ...

    http://www.scmp.com/business/economy/article/1581320/china-mulls-100b-yuan-funding-charging-stations-electric-cars
  2. Business - Companies - SHARES

    Garage sale on cards as fund managers make room for Alibaba

    Posted Aug 27th 2014, 10:24am by Reuters

    ... Reuters in San Francisco and New York With fund managers champing at the bit for e-commerce giant's IPO, stocks seen as lesser lights, like Amazon, may be ditched from portfolios ... attractive stocks that funds are holding might be shown the door. The initial public offering, which could top US$16 billion to become the largest initial public offering by a technology company, ...

    http://www.scmp.com/business/companies/article/1581057/garage-sale-cards-fund-managers-make-room-alibaba
  3. News - Hong Kong - WELFARE

    Sales tax mooted to fund pension for all

    Posted Aug 25th 2014, 05:31am by TIMMY SUNG

    ... Timmy Sung timmy.sung@scmp.com Commission on Poverty member says reviving the idea of a goods and services tax can pay for proposed HK$3,000 per month subsidy Tax on sales mooted to fund pension for all A member of the government's Commission on Poverty has suggested a goods and services tax could be used to fund a new public pension scheme, instead of a further tax ...

    http://www.scmp.com/news/hong-kong/article/1580448/tax-sales-mooted-fund-pension-plan
  4. Business - China Business

    Aviation investment fund under CAAC aims to raise more than 20b yuan

    Posted Aug 26th 2014, 01:10am by SIJIA JIANG

    ... Sijia Jiang sijia.jiang@scmp.com Aviation fund eyes more than 20b yuan An investment fund set up under the Civil Aviation Administration of China (CAAC) expects to raise 20 billion yuan ... Co's Civil Aviation Investment Fund plans to raise 80 per cent of that amount from the private sector and invest in four areas that include airport infrastructure development, China Business ...

    http://www.scmp.com/business/china-business/article/1580656/aviation-investment-fund-under-caac-aims-raise-more-20b-yuan
  5. Business - Money - INVESTMENT

    Chinese mutual funds caught up in shadow banking fallout

    Posted Aug 25th 2014, 03:34am by Daniel Ren

    ... Daniel Ren in Shanghai ren.wei@scmp.com Mutual funds hit in shadow banking fallout The mainland's shadow banking woes have spread to the mutual fund sector, fuelling fears ... yuan (HK$1.89 trillion) of capital raised by the subsidiaries of mutual fund houses is exposed to risks due to the absence of an efficient monitoring system. Earlier this month, Shanghai ...

    http://www.scmp.com/business/money/markets-investing/article/1580472/chinese-mutual-funds-caught-shadow-banking-fallout
  6. News - Asia - PHILIPPINES

    Manila protest against 'pork barrel' funds and second term for Aquino

    Posted Aug 25th 2014, 10:19pm by AFP

    ... Agence France-Presse in Manila Manila graft protest over 'pork barrel' funds Thousands of people including activists and clergy gathered in the Philippine capital's main park yesterday to denounce the "pork barrel" system of government funding which they blame for spreading corruption. Organisers said almost 20,000 people joined the rally, ...

    http://www.scmp.com/news/asia/article/1580621/manila-protest-against-pork-barrel-funds-and-second-term-aquino
  7. Comment - Insight & Opinion - MY TAKE

    Hong Kong's massive surpluses could fund pension scheme

    Posted Aug 23rd 2014, 02:41am by Alex Lo

    ... Alex Lo alex.lo@scmp.com Massive surpluses could fund pensions What kind of a study on universal pensions puts forward proposals which are all financially unsustainable? The headline news ... these funds would run dry in three decades from now. The study's leader, Nelson Chow Wing-sun of the University of Hong Kong, and his team have gone out of their way to estimate how quickly money ...

    http://www.scmp.com/comment/insight-opinion/article/1579561/hong-kongs-massive-surpluses-could-fund-pension-scheme
  8. Business - Banking & Finance - CORPORATE FINANCE

    Bankers call for SME funding reform

    Posted Apr 03rd 2013, 12:00am by Ray Chan

    ... Ray Chan ray.utchan@scmp.com Bankers call for SME funding reform The country's newly appointed financial regulators should do more to help small, privately held companies raise money, ... rapidly by way of fund-raising through public channels, in particular initial public offerings, thanks to Beijing's policy support. He said that the playing field should be levelled ...

    http://www.scmp.com/business/banking-finance/article/1205799/bankers-call-sme-funding-reform
  9. News - Hong Kong - EDUCATION

    Disgraced education group rallies school support for funding

    Posted Mar 13th 2013, 12:00am by Dennis Chong

    ... Dennis Chong Dennis.chong@scmp.com Disgraced education group rallies school support A pro-Beijing organisation that lost its government funding, after publishing a set of biased national education guidelines, is lobbying school principals in an effort to be reinstated. The Federation of Education Workers, whose funding was cut during the "brainwashing" row over the planned ...

    http://www.scmp.com/news/hong-kong/article/1189374/disgraced-education-group-rallies-school-support-funding
  10. News - Hong Kong - SOCIETY

    New tax of up to 2.5pc proposed to fund HK$3,000 a month pension for all Hongkongers

    Posted Aug 20th 2014, 07:07pm by Phila Siu, Shirley Zhao and Emily Tsang

    ... the pension should be funded partly by contributions ranging from 1 to 2.5 per cent of employees' salaries, paid by both employers and workers. The government would need to inject HK$50 billion ... to HK$120,000 the amount would be 2.5 per cent. READ: Six ways Hong Kong could fund a universal pension scheme But the proposal has some limitations. The pension pool is expected to go into annual ...

    http://www.scmp.com/news/hong-kong/article/1577784/study-recommends-monthly-hk3000-pension-tackle-elderly-poverty-crisis

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