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  • October 21, 2014
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  1. New Shenzhen zone offers cut-price income tax

    Posted Sep 18th 2011, 12:00am

    ... Minnie Chan minnie.chan@scmp.com Hong Kong and overseas professionals working in Shenzhen's Qianhai special development zone will only have to pay income tax at Hong Kong rates, a spokesman for the zone's administration said yesterday. 'Overseas specialists working in the Qianhai zone will only need to pay their personal income tax at the rates levied in Hong ...

  2. Trinity income soars 89.7pc

    Posted Mar 24th 2011, 12:00am by May Chan

    ... May Chan Luxury menswear firm Trinity said net profit rose 89.7 per cent to HK$340.85 million last year, thanks to higher prices and its expansion into lower-tier mainland cities. Revenue grew 22.3 per cent to HK$2.01 billion, while gross profit margin ro ...

  3. Creative use of public buildings can help low-income groups

    Posted Feb 18th 2009, 12:00am by Staff Reporter

    ... I refer to the letter by Stefan Lam ('Use empty schools at night to benefit the whole community', February 13). This would be a practical and timely way of improving the quality of life of Hong Kong people in a city where there is a shortage of space and recreational activities. This problem is especially acute among low-income groups. The fees charged by the Leisure ...

  4. Incomes matter most

    Posted Aug 03rd 2003, 12:00am by Staff Reporter

    ... unless there is a corresponding rise in their real incomes. Indeed, over the last few years Hong Kong has experienced (slow) GDP growth while median incomes dropped rapidly, indicating a consolidation of wealth in the hands of a small minority. Experience in the US has shown that even during long periods of economic health, the incomes of much of the population can remain stagnant. ...

  5. Restaurants fear income blow from five-day week

    Posted Jul 17th 2006, 12:00am by Patsy Moy

    ... Patsy Moy The introduction of the five-day work week may hurt the catering industry as more people are likely to spend their weekends across the border, trade leaders say. Legislator Tommy Cheung Yu-yan said it remained unclear how many of the 160,000 civ ...

  6. Business - Economy - JAKE'S VIEW

    Hong Kong doesn't need Morlocks from the Delta to fix labour woes

    Posted Feb 24th 2014, 03:51pm by Jake Van Der Kamp

    ... also does not stay. The income balance on the current account is negative to the tune of 5 per cent of GDP (in Hong Kong, it's 1.2 per cent of GDP positive) as the foreign investors pay ...

  7. Missed opportunities

    Posted Jul 03rd 2012, 12:00am

    ... Asians are known to be edgy talking about their monthly income and prefer to underestimate their financial standing rather than overestimate it. A study by global fund house Fidelity shows that people in Hong Kong are undervaluing their earning power and possibly missing out on investment opportunities amid rising income inequalities. The study, 'Rich Me? Poor Me?' designed ...

  8. Rainy day blues

    Posted Mar 21st 2007, 12:00am by Staff Reporter

    ... The average Hong Kong and mainland incomes are not enough to cover living costs, according to a survey of 11 economies. How can the incomes of Hong Kong retirees, who face an average deficit of HK$1,082, be improved? ...

  9. Property - Hong Kong & China - CONCRETE ANALYSIS

    Housing affordability ratio alarming for Hong Kong, Guangzhou, Shanghai

    Posted Aug 22nd 2012, 12:00am by Thomas Lam

    ... prices have continued to rise and have now surpassed their previous peak level. This has led to discussions about how home prices have surged ahead of income levels, and the serious consequences of this mismatch for housing affordability. To compare housing affordability in Hong Kong, Shanghai and Guangzhou, we have used a price-to-income ratio to gauge the relative price levels of the markets ...

  10. High-fliers

    Posted Sep 14th 2008, 12:00am by Staff Reporter

    ... A global survey has shown that managers in Hong Kong have the highest disposable incomes in East Asia. Is this an indication that executives get paid too much, or is it a fitting reward for a job well done? Write to us ...




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