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  • September 3, 2014
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  1. News - Hong Kong

    Hong Kong consumer prices rise 4.1pc in 2012

    Posted Jan 21st 2013, 06:08pm by Lai Ying-kit

    ... cent if the effects of all government’s one-off relief measures – announced during the 2012 budget – were netted out, it said. In December, housing costs continued to record the highest ... the global liquidity glut and a pick-up in local housing rentals since early last year. ...

  2. Comment - Insight & Opinion

    Free market no panacea for Hong Kong's ills

    Posted Oct 25th 2012, 12:00am by SCMP Editorial

    ... housing, poverty, the plight of the elderly, and the environment. This prompted him to say "markets fail" and "the notion of big market, small government is out of date", which ...

  3. Magazines - Money - INVESTMENT: PRIVATE BANKING

    High stakes

    Posted Sep 17th 2012, 12:00am by KEVIN MCQUEEN

    ... Humair cites the supply of talent able to keep up with an industry growing so fast as the major challenge. Retaining and recruiting good people is not easy- nor does it come cheaply. It is also ... office space given Hong Kong's limited supply. Standardised training is seen as another challenge along with greater regulatory pressure. The industry's mentality has changed since ...

  4. CLP's stockpiling of diesel spurs cost fears

    Posted Aug 07th 2012, 12:00am

    ... that its fuel-mix strategy 'allows for a back-up plan such as utilisation of ultra-low-sulphur diesel at other generating units as a substitute during the temporary suspension of coal supply ... of the shuttered units was 1,400 megawatts, more than a third of the plant's gross capacity. The spokeswoman said the closure would not affect power supply, but work on repairing the conveyor belt ...

  5. Lower turnover likely to dent HKEx earnings

    Posted Aug 06th 2012, 12:00am

    ... paid by information vendors for stock information. Brokerage house CCB International Securities expected HKEx to report a net profit of HK$2.1 billion, down 20 per cent on the same period last ...

  6. Pre-sale talk fuels slump in developers

    Posted Aug 03rd 2012, 12:00am

    ... not forbid developers from pre-selling their projects. 'The government has to control the housing supply in order to check property prices. If developers are prohibited from selling incomplete projects, the existing supply of new housing will decrease by 90 per cent,' she said. 'Developers would need to wait three years to launch their projects', affecting their cash flow ...

  7. Property stocks get boost as fears ease

    Posted Jul 18th 2012, 12:00am

    ... market are also recovering. An index compiled by Midland Realty based on 35 housing estates showed fewer than 100 transactions for six weeks, before rising 16.8 per cent week on week to 111 ...

  8. Harbour site goes for just HK$6.9b

    Posted Jul 12th 2012, 12:00am

    ... developers are becoming cautious about the market outlook. It is the second housing site in a week to get a poor response from developers. The MTR Corporation withdrew a housing site at Tai Wai ... the land supply. 'Developers do not need to worry that land supply is tight and bid for sites aggressively,' he said. But Hui believes the impact on the property market will be limited. ...

  9. Growth forecast unchanged

    Posted Jul 11th 2012, 12:00am

    ... the market prone to bubbles. 'The government will stay alert to housing market bubble risks and, where necessary, roll out further measures without reservation to ensure the healthy and stable development of the housing market.' The average home price rose by less than 1 per cent in May, according to provisional data. Nonetheless, prices were 10 per cent higher than six months ago, ...

  10. To avoid a future crisis, Hong Kong needs to come up with a water plan

    Posted Jul 07th 2012, 12:00am

    ... is a key issue that has been neglected for some time. Hong Kong has had a guaranteed supply of water since the Dongguan-Shenzhen Water Project started providing Dongjiang water in 1965. Even ... cities will have even more severe water supply shortages. Each year Hong Kong uses 60 to 70 per cent of its water entitlement. The surplus goes to the other cities in the scheme. In future, when ...




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