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  1. Income tax plans find little favour

    Posted Mar 09th 2006, 12:00am by David Marsh

    ... For the first time, most citizens will pay Having survived war and decades of poverty, Vietnamese citizens are now facing a more common scourge: income tax. Vietnam's Ministry of Finance has announced plans to eliminate the minimum salary level, currently about US$325 a month, at which income taxes are payable. The move means income taxes will now be payable by most ...

  2. Hard to measure disparities in household incomes, says Tang

    Posted Feb 08th 2006, 12:00am by Lauren Crothers

    ... LAUREN CROTHERS Updated at 4.58pm: The government was concerned about disparities in Hong Kong household incomes? but it was hard to forecast what future trends in household income would ... who asked if the government had been assessing the differences in household incomes. Some commentators, social workers and other groups have expressed their concern in recent years about ...

  3. ICBC's fee-based income increases to 13.8b yuan

    Posted Jan 19th 2006, 12:00am by Staff Reporter

    ... Bei Hu Contribution to the mainland bank's net operating income rises to 8.7 per cent The Industrial and Commercial Bank of China (ICBC) has seen annual non-interest income grow nearly 3.5 times since 2000 to 13.8 billion yuan last year. This represents an increase in contribution to the bank's net operating income of 4.7 percentage points to 8.7 per cent over ...

  4. Factory shake-up bid to close income gap

    Posted Mar 27th 2006, 12:00am by Josephine Ma

    ... the urban-rural income gap. Mayor Wang Hongju said the municipality- which has been administered directly by the central government since it was separated from Sichuan province- was trying to modernise ... the mandate to revitalise the economies of neighbouring inland provinces, but it must also face the considerable challenge of narrowing its income gap. Mr Wang said the restructuring of state ...

  5. Beijing's income gap grows, as study sees slum potential

    Posted Jan 16th 2006, 12:00am by Staff Reporter

    ... Vivien Cui Beijing's wealth gap is widening, with the wealthiest 20 per cent earning four times more disposable income than the poorest 20 per cent. The Blue Book on Society, issued by the Beijing Academy of Social Sciences yesterday, warned that the income gap could affect the central government's goal of 'building a harmonious society'. The top 20 per cent earners ...

  6. Critical mass in personal incomes points to credit boom

    Posted Jan 28th 2006, 12:00am by Enoch Yiu

    ... Enoch Yiu China's credit card and personal finance businesses are going to grow rapidly in the next few years as personal incomes reach critical mass, requiring mainland banks to step up efforts to improve credit control and debt collection systems, say credit control experts. With average annual incomes in mainland coastal cities now at about US$5,000, the trigger point ...

  7. SCMP positive on ad income as economy booms

    Posted Apr 07th 2006, 12:00am by Staff Reporter

    ... Staff Reporter SCMP Group, publisher of the South China Morning Post and Sunday Morning Post, said yesterday economic growth in Hong Kong and the mainland would push up advertising rates and 'bolster performance' at its core newspaper business t ...

  8. Economy has grown, but not incomes

    Posted Feb 20th 2006, 12:00am by Quinton Chan

    ... Quinton Chan and Donald Asprey Hong Kong's unprecedented prosperity seen as hiding a widening gap between the rich and poor Figures to be released by the financial secretary in Wednesday's budget are expected to show that Hong Kong's econom ...

  9. Income scrutiny for public housing

    Posted Oct 27th 2006, 12:00am by Quinton Chan

    ... Quinton Chan But a tenants' group and a lawmaker criticise plan for random monthly testing Public housing tenants will be required to report their monthly family income starting next ... their occupation and monthly income. Those who fail to comply will be warned by the Housing Authority, and could have their lease terminated. The authority will do random checks on the questionnaires ...

  10. Income tests

    Posted Oct 30th 2006, 12:00am by Staff Reporter

    ... Two thousand public housing tenants selected randomly every month will be required to report their family's monthly incomes from next year under a new rent adjustment mechanism. Do you approve of the idea? Write to us ...




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