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  1. Business - China Business - SHIPPING

    Shenzhen port chiefs bid to lure container shipping lines from Hong Kong

    Posted Nov 25th 2013, 03:52am by Anita Lam

    ... that a Shenzhen customs office has been advising an international shipping line how to use a paperwork loophole to skip Hong Kong and go directly to Shenzhen. It said the foreign shippers could simply ... Anita Lam anita.lam@scmp.com Port chiefs advise big foreign carriers to skip Hong Kong, threatening transshipment trade Shenzhen tries to lure container lines from HK Port authorities ...

  2. Business - Companies - SHIPPING

    Beijing's help sought for Hong Kong trade deal with Asean

    Posted Oct 30th 2013, 03:31am by Anita Lam

    ... with Asean Hong Kong should seek help from Beijing to join the Asean-China free-trade agreement, amid warnings that exclusion from the region's biggest free-trade network would harm the city's port terminals. Tung Chee-chen, the chairman of Hong Kong's biggest container line Orient Overseas (International) Ltd (OOIL) and a member of the Hong Kong Port Development Council, ...

  3. Business - China Business - TRANSPORT

    Hong Kong's third runway may stymie Shenzhen's big cargo vessels

    Posted Oct 15th 2013, 12:00am by Anita Lam

    ... at the Hong Kong International Airport could cost port terminals in western Shenzhen millions of dollars a year in lost business. The project, already criticised for its HK$136 billion price tag ... Channel, or use Hong Kong's busy Ma Wan Channel. China Merchant Holdings (International), the largest shareholder of Chiwan and Shekou ports, said such a restriction would have a "serious ...

  4. Business - Companies - CARS

    German carmakers lose Hong Kong market share after tax break ends

    Posted Jun 17th 2013, 12:00am by Anita Lam

    ... Anita Lam anita.lam@scmp.com German brands miss out on tax break German car brands are losing market share in Hong Kong as a weaker yen and a new emissions rule that has squeezed European ... the price of European cars up by much, as the carmakers and dealers absorbed some of the increase." Volkswagen's Hong Kong managing director, Thorsten Jaede, said launching new models ...

  5. Extended race season to add 3,000 jobs

    Posted Jul 06th 2009, 12:00am by Anita Lam

    ... a stunning HK$3.3 billion had gone to Macau from Hong Kong between July and August last year. It seems playing baccarat 24 hours a day might be even worse.' He said 90 per cent of the 1,000 ... cent of gross margin to 67 per cent did not help the situation, Mr Mak said. 'Hong Kong charged a betting-tax rate five times higher than the UK and nine times over the US rate, while ...

  6. Business - Companies - PORTS

    Land rezoning to spur fight for storage space

    Posted Dec 02nd 2013, 05:19am by Anita Lam

    ... Hong Kong as the region's transshipment hub, the five local port operators- including Hutchison Whampoa's Hongkong International Terminals and Wharf's Modern Terminals- have also ... said Gerry Yim, the managing director of HIT. The Hong Kong Container Terminal Operators' Association, which acts on behalf of the operators, has demanded the government extend the tenancy ...

  7. Business - China Business

    Battle looms over Shenzhen's plans to expand port

    Posted Oct 15th 2013, 12:00am by Anita Lam

    ... height limit. But Shenzhen has aspirations to dredge the channel to accommodate the mammoth container ships international companies are turning to as they seek to cut costs. It puts Hong Kong ... Anita Lam anita.lam@scmp.com Conflict of interest reignites as boomtown's port moves to accommodate giants of the sea Shenzhen's growing pains The competing needs of Hong Kong ...

  8. Business - Economy - INVESTMENT

    Firms go for smaller, shorter plans

    Posted Nov 13th 2013, 03:17am by Anita Lam

    ... establishment of the Trans-Pacific Partnership (TPP), which also involves 10 other countries, Sunny Tan, a committee member at the Federation of Hong Kong Industries, said those seeking to move ... to 20 years, no longer applies," said Tan, also an executive director at one of Hong Kong's largest garment makers, Luen Thai. "There will be more volatility. We need to be more ...

  9. Overnight Disco Bay fares up 70pc

    Posted Apr 17th 2009, 12:00am by Anita Lam

    ... for the Discovery Bay developer and owner of the transport company, HKR International, said the surcharge, the idea for which had actually come from residents, allowed maintenance of the service ...

  10. Disco Bay ferry firm seeks new licence

    Posted Mar 16th 2009, 12:00am by Anita Lam

    ... in the air. The news is a relief to some Discovery Bay residents, who feared Hong Kong Resort International, the developer and owner of the ferry operator, might contract out the service if the application was rejected. A source close to HKR International said that although the residential development's deed of mutual covenant stipulated that the developer must provide ferry services, ...




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