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  • July 30, 2014
  • Last updated: 7:16am
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  1. Business - China Business

    Ctrip's hotel booking growth to boost shares

    Posted Jul 29th 2014, 01:26am by BLOOM

    ... are helping it benefit from the mainland's rising incomes and growing middle class which boost demand for travel reservations and packaged tours. The Shanghai-based company is expanding its hotel ...

    http://www.scmp.com/business/china-business/article/1561408/ctrips-hotel-booking-growth-boost-shares
  2. News - Hong Kong - POLICY ADDRESS

    Low-income family supplement a step forward but more needs to be done

    Posted Jan 16th 2014, 07:11am by HO HEI-WAH

    ... for decades. The low-income family supplement, a secondary safety net advocated by grass-roots organisations since the handover, shows a fundamental change in the way the government views wealth distribution. It is a step by the administration towards tackling one of the deep-seated contradictions in our society. According to statistics from the Commission on Poverty, about 300,000 low-income ...

    http://www.scmp.com/news/hong-kong/article/1406450/low-income-family-supplement-step-forward-more-needs-be-done
  3. Business - Money - SHARES

    Mainland China banks embrace preferred shares but investors are left guessing

    Posted Jul 28th 2014, 04:26am by Jasper Moiseiwitsch

    ... Kong-based head of Asia fixed income for First State, said that while perpetual bonds were not required to have a fixed coupon, they mostly did, while preference shares usually had a discretionary ... it will be with equity … most [fund] mandates would not allow pref shares," said Grant, adding: "Pref shares in a fixed-income fund doesn't seem right." Grant said that while First State did ...

    http://www.scmp.com/business/money/markets-investing/article/1560676/mainland-china-banks-embrace-preferred-shares
  4. Business - Money - MARKETS

    Hong Kong's Exchange Fund turns around from loss to HK$50.5b gain in first half

    Posted Jul 30th 2014, 01:25am by Enoch Yiu

    ... investment income showed there was room to use its earnings "to help the poor". The Exchange Fund's biggest gains in the first half came from its investment in bonds at HK$26.6 ...

    http://www.scmp.com/business/money/markets-investing/article/1562212/hong-kongs-exchange-fund-turns-around-loss-hk505b
  5. News - Hong Kong

    Give subsidies to all low-income families, group suggests

    Posted Jan 06th 2014, 04:02am by Johnny Tam

    ... Johnny Tam johnny.tam@scmp.com 'Give subsidies to all low-income families' A group that fights for social welfare benefits has urged the government to give out allowances to all low-income families. The Society for Community Organisation has suggested- ahead of the chief executive's Policy Address this month- that the government subsidise all low-income families ...

    http://www.scmp.com/news/hong-kong/article/1398516/give-subsidies-all-low-income-families-group-suggests
  6. News - Hong Kong - OCCUPY CENTRAL

    60 minibus drivers take over Mong Kok street for protest against Occupy Central

    Posted Jul 29th 2014, 12:24pm by BRIAN YAP and samuel chan

    ... would lose a few days’ worth of income due to severe traffic jams, with an expected loss of over HK$400 per day,” said Ling Chi-keung, the association’s chairman. Ling was helped by former ...

    http://www.scmp.com/news/hong-kong/article/1561746/about-60-minibus-drivers-stage-sit-against-planned-occupy-central
  7. Business - Companies

    State Grid talks for stake in Italian grid at advanced stage

    Posted Jul 25th 2014, 01:35am by Reuters

    ... source of income even when the economy is struggling. With the purchase of a stake in CDP Reti, State Grid Corp, which distributes power to 1.1 billion people across nearly 90 per cent of China, ...

    http://www.scmp.com/business/companies/article/1558532/state-grid-talks-stake-italian-grid-advanced-stage
  8. News - Asia - EDUCATION

    Nepal's 'bamboo schools' open doors to education thanks to Uttam Sanjel

    Posted Jul 28th 2014, 04:31am by BIBEK BHANDARI

    ... of students from low-income families. Nepal's public institutions had failed to deliver quality education, so Samata School, according to its founder Uttam Sanjel, aimed to bridge the gap. ...

    http://www.scmp.com/news/asia/article/1560602/nepals-bamboo-schools-open-doors-education-thanks-uttam-sanjel
  9. Business - China Business

    China's cinemas look to smaller cities for next phase of growth

    Posted Jul 28th 2014, 04:26am by Sophie Yu

    ... a torrent of capital had flooded into the cinema industry, the average income of individual cinema complexes has been falling. "Attendance is still increasing, but the addition of screens ...

    http://www.scmp.com/business/china-business/article/1560742/chinas-cinemas-look-smaller-cities-next-phase-growth
  10. Business - China Business - INSURANCE

    Chinese insurers to get income boost from reform

    Posted Dec 30th 2013, 12:03pm by Kwong Man-ki

    ... income boost from reform Regulatory reform this year is positioning mainland insurers for solid growth in premium income, with prospects for next year boosted by expectations of more diverse ... income," said Lillian Zhu, a research manager at investment consulting firm Z-Ben Advisors. The China Insurance Regulatory Commission announced in August the removal of a 2.5 per cent cap ...

    http://www.scmp.com/business/china-business/article/1393049/chinese-insurers-get-income-boost-reform

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