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  • October 26, 2014
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  1. Preach what you practice

    Posted Dec 15th 2007, 12:00am by John Cremer

    ... Written by John Cremer Peter Wong has a passion for passing on his knowledge Every senior executive has an alter ego, the person they might have become in another era or by making one or two different decisions at life's defining moments. Some clearly had the potential to be generals or ministers while others, judging by the antics at annual company dinners, still believe ...

  2. Small and medium-sized firms to benefit from new loan rules

    Posted May 27th 2009, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung Small and medium-sized enterprises are expecting to benefit from the relief measure that will make it easier to obtain loans. The Special Loan Guarantee Scheme, introduced ... a higher risk for the government, with bad debts originally estimated at HK$10 billion increased to HK$12 billion, Financial Secretary John Tsang Chun-wah said. The government's total loan ...

  3. Mid-sized mainland banks could have difficulty raising funds in HK

    Posted May 07th 2011, 12:00am

    ... Lulu Chen Mid-sized mainland-listed banks are poised to come to Hong Kong with capital-raising issues in the next few months, but local investors may have little stomach for buying shares ... on the Shanghai or Shenzhen stock exchanges. H shares are stock of a company incorporated on the mainland but listed in Hong Kong. Shares of tier-two, or mid-sized, banks had a much smaller premium, ...

  4. Developer sorry for flat size error

    Posted Apr 23rd 2011, 12:00am

    ... Olga Wong Sun Hung Kai Properties has apologised to buyers who were misled about the sizes of their newly-bought flats in a Yuen Long development due to a mistake in the sales brochures. ... of the properties in One Regent Place, near Long Ping station, comprising eight houses and three 20-storey towers, have been sold. The brochures for 76 of the 329 flats put on the market mis-stated the size ...

  5. Small firms have no special claim to budget bounty

    Posted Feb 02nd 2012, 12:00am

    ... Jake van der Kamp First of all, lending support to enterprises. I am deeply concerned about the possible hardship small and medium-sized enterprises may suffer in times of economic downturn. John o' the Whiskers, Budget speech Ishall take his word for it that this matter of hard times for SMEs is worth addressing first. It may as well be. The rest of the speech was just ...

  6. SMEs get credit lifeline to help weather the storm

    Posted Feb 07th 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com The government-owned Hong Kong Export Credit Insurance Corporation is offering new measures to help small and-medium-sized exporters (SMEs) weather ... on like this.' In his budget speech last week, Financial Secretary John Tsang Chun-wah offered some 280,000 smaller firms a new financing guarantee scheme to help them tide over ...

  7. Is Tsang the best financial secretary HK can find?

    Posted Jun 29th 2012, 12:00am

    ... Tom Holland Incoming chief executive C.Y. Leung announced his new government line-up yesterday, and John Tsang Chun-wah is to stay on as financial secretary. 'In the coming few years, the economy of our globalised world will be undoubtedly clouded by uncertainties and volatilities,' Tsang said. 'We in Hong Kong will face unprecedented challenges.' You have to wonder ...

  8. HSBC adds HK$4b to SME loan fund

    Posted Jul 23rd 2009, 12:00am by Carol Chan

    ... Carol Chan HSBC Holdings has boosted its loan fund for small and medium-sized enterprises by HK$4 billion, the third increase this year, as loan demand rises with a positive shift in the economic outlook and improved government programmes. The fund size increased to HK$16 billion, following HK$4 billion top-ups in March and June, Hong Kong's largest lender said yesterday. ...

  9. Initiatives grow

    Posted Apr 25th 2012, 12:00am

    ... John Cremer When Hong Kong and mainland representatives signed the original Closer Economic Partnership Arrangement (Cepa) documents in mid-2003, the clear intention was to keep adding ... is aware that, in the spirit of free trade, more can be done. With some justification, small- and medium-sized enterprises still voice the concern that doors tend to open more readily for bigger ...

  10. Cut in China's import tax could boost retail

    Posted Sep 03rd 2011, 12:00am

    ... John Brennan Over the past several years, Hong Kong's economy has received a huge boost from the ever-growing numbers of mainland tourists splashing cash in the city's high-end ... 'This means the overall size of the cake would be bigger.' Wai also believes that even if mainland taxes were cut, they could still leave prices higher than those in Hong Kong. And price ...




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