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  1. Mainland up to the challenges

    Posted Jan 01st 2008, 12:00am by Cary Huang, Eric Ng, Tom Miller

    ... The mainland's competitiveness in low- and middle-end manufacturing is too high to be damaged significantly by a modest rise in the yuan. TAXATION The new Unified Enterprise Income Tax law, which comes into effect today, will see the general corporate income tax rate reduced from 33 per cent to 25 per cent. The big winners will be mainland companies that used to pay the full whack, particularly ...

    http://www.scmp.com/article/621358/mainland-challenges
  2. Campers first of 7,000 to ride relaunched cable car

    Posted Jan 01st 2008, 12:00am by Anita Lam

    ... Kwok-wah, said he was still trying to decide whether to continue his business after the lease expires in March. 'Visitors may be many but the income was not as attractive as many visitors ...

    http://www.scmp.com/article/621316/campers-first-7000-ride-relaunched-cable-car
  3. Labour chief meets Tin Shui Wai locals

    Posted Jan 01st 2008, 12:00am by Agnes Lam

    ... places a cap on the income level at HK$5,600,' she said. 'The government should raise the cap to HK$7,000. We also hope the government will extend the coverage of the scheme, which now ...

    http://www.scmp.com/article/621319/labour-chief-meets-tin-shui-wai-locals
  4. Hopes high for 2008, but beware the risks

    Posted Jan 01st 2008, 12:00am by Staff Reporter

    ... The new year dawns with the news that two surveys show most Hong Kong people feel good about their city and their lives and expect things to get even better in 2008. In fact, we may be the most optimistic in the world about the outlook. After a year of local economic growth, rising incomes, a booming stock market and buoyant property market, we are the least likely of 54 ...

    http://www.scmp.com/article/621332/hopes-high-2008-beware-risks
  5. Gender gap threat to be felt by 2012, report says

    Posted Jan 01st 2008, 12:00am by Staff Reporter

    ... social order may break down when the situation becomes extreme,' the report said. The worst-hit places would be rural areas where personal incomes were the lowest and social security ...

    http://www.scmp.com/article/621340/gender-gap-threat-be-felt-2012-report-says
  6. Tax on property unlikely next year, say analysts

    Posted Dec 31st 2007, 12:00am by Yvonne Liu

    ... governments' annual income was derived from land sales and taxes related to the property market. Local governments were not fully implementing austerity measures imposed by the central government because they relied heavily on income from land. 'This has forced the central government to impose more effective property market measures next year,' Mr Lau said. He said it was still ...

    http://www.scmp.com/article/621216/tax-property-unlikely-next-year-say-analysts
  7. Appointments

    Posted Dec 31st 2007, 12:00am by Staff Reporter

    ... the corporate and investment banking core business with effect from January, to head the newly created private bank relationship management function for equity derivatives and fixed income. Lincoln C.K. ...

    http://www.scmp.com/article/621209/appointments
  8. Investors expected to focus on corporate earnings growth

    Posted Dec 31st 2007, 12:00am by Staff Reporter

    ... in the first three quarters, representing 32 per cent of total profit in the same period. 'Investment income is vulnerable to market corrections,' Morgan Stanley said in a research report. 'If the A-share market's performance turns out to be disappointing, the current high level of investment income is likely to turn into painful losses.' Adding to the downside, ...

    http://www.scmp.com/article/621211/investors-expected-focus-corporate-earnings-growth
  9. Burger King plans rapid mainland expansion to fuel regional growth

    Posted Dec 31st 2007, 12:00am by Staff Reporter

    ... McDonald's and KFC, which have about 800 and 2,000 outlets, respectively, in the country. 'Revenue from the United States accounts for two-thirds of our total, while international income ...

    http://www.scmp.com/article/621212/burger-king-plans-rapid-mainland-expansion-fuel-regional-growth
  10. Subprime write-downs weigh on bonuses

    Posted Dec 31st 2007, 12:00am by Staff Reporter

    ... Tim LeeMaster and Wong Ka-chun Credit crisis hits investment banking payouts despite fee incomes hitting a record high Bonus season in the investment banking world is proving a mixed bag as write-downs from subprime investments offset a historical high in fee incomes at international and regional houses operating in Asia. In an industry that moves funds around globally, the region ...

    http://www.scmp.com/article/621214/subprime-write-downs-weigh-bonuses

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