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  • April 20, 2014
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  1. Business - Money

    Train and Tame the Ferrari Boy Racers

    Posted Sep 04th 2012, 08:48pm by Anna Healy Fenton

    ... Anna Healy Fenton Now it’s emerged after being kept quiet for several months that it was Ling Gu, the son of a loyal aide to President Hu Jintao, was the one killed in Ferrari accident in Beijing back in March. Reportedly Ling was half-naked when the crash occurred and his two passengers were equally or even less well-clad, suggesting high-speed hanky panky pre-crash. Yesterday’s ...

    http://www.scmp.com/business/money/wealth/article/1029568/train-and-tame-ferrari-boy-racers
  2. Business - Comment - LAI SEE

    Fishy business on the rise in Hong Kong

    Posted Apr 04th 2014, 12:29am by Howard Winn

    ... shelter during typhoons was 90 per cent, Kwun Tong 45 per cent, To Kwa Wan 54 per cent, and the occupancy for the huge 76.6 hectare Hei Ling Chau shelter was 6 per cent.   UnionPay again The name ...

    http://www.scmp.com/business/article/1464217/fishy-business-rise-hong-kong
  3. Business - Commodities

    Shenhua switches focus from coal production to power plants

    Posted Apr 01st 2014, 01:20am by Eric Ng

    ... to increase investment in power plants as a proportion to our overall investment yielded good results last year," president Ling Wen said. The company aimed to achieve coal output of 318.1 ...

    http://www.scmp.com/business/commodities/article/1462046/shenhua-switches-focus-coal-production-power-plants
  4. Business - Banking & Finance - PEOPLE

    The chess master behind the Citic takeover deal

    Posted Mar 29th 2014, 01:13am by Ray Chan

    ... Hung-ling, managing director who founded Citic Pacific with Yung in 1990, also resigned. Yung, who earned the nickname the "Red Capitalist" due to his family ties with the Communist Party, ...

    http://www.scmp.com/business/banking-finance/article/1459879/chess-master-behind-citic-takeover-deal
  5. Business - Banking & Finance - CURRENCIES

    Nervous China factory owners hedge on yuan foreign exchange risk

    Posted Mar 18th 2014, 01:11am by Denise Tsang

    ... Denise Tsang denise.tsang@scmp.com Yuan volatility has forced some Pearl River Delta firms to hedge foreign currency threats, adding to an already challenging environment Nervous factory owners hedging on forex risks Pauline Ngan Po-ling is considering resuming hedging foreign exchange risks by buying yuan forward contracts in anticipation of more volatile exchange rates ...

    http://www.scmp.com/business/banking-finance/article/1451135/nervous-china-factory-owners-hedge-yuan-foreign-exchange
  6. Business - Companies - TAXATION

    Cathay to withhold US pilots' wages for taxes

    Posted Mar 03rd 2014, 02:59am by Phila Siu

    ... of Hong Kong, Amy Lau Hing-ling, said they had not heard of a local company withholding US employees' taxes. As for Fatca, it was passed into law in 2010 but will only take effect in July ...

    http://www.scmp.com/business/companies/article/1438783/cathay-withhold-us-pilots-wages-taxes
  7. Business - China Business - MANUFACTURING

    Cheap labour not the only driver of factories' flight from China

    Posted Feb 24th 2014, 11:03am by Charlotte So

    ... in the fire department," said Pauline Ngan Po-ling, the deputy chairman and managing director of Mainland Headwear. "The whole system cost north of HK$1 million." Ngan said ...

    http://www.scmp.com/business/china-business/article/1434009/cheap-labour-not-only-driver-factories-flight-china
  8. Business - China Business - MANUFACTURING

    China losing status as 'world's factory'

    Posted Feb 03rd 2014, 04:11am by Charlotte So

    ... for production lines. Average wages in Bangladesh had risen 50 to 70 per cent a year over the past two years, said Co Mei-ling, vice-president of Ying Ming Enterprise, a Hong Kong-based underwear ...

    http://www.scmp.com/business/china-business/article/1419428/china-losing-status-worlds-factory
  9. Business - Economy - INVESTMENT

    Taiwan falling behind in race to lure investors to free trade zones

    Posted Feb 04th 2014, 05:57am by Ralph Jennings

    ... those special zones, so only if our conditions are much better will people come," said Wu Hui-ling, a fellow with the Taipei-based think tank Chung-Hua Institute for Economic Research. ...

    http://www.scmp.com/business/economy/article/1420184/taiwan-falling-behind-race-lure-investors-free-trade-zones
  10. Business - China Business - THE INTERVIEW

    Interview: Tom Cheung Ling-fung, chief executive of Hui Xian Reit

    Posted Nov 10th 2012, 12:00am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com After years on the mainland, Hui Xian Real Estate Investment Trust's new chief is looking to contain rising expenses at its Beijing properties Finding the key to success in Beijing Tom Cheung Ling-fung, chief executive of Hui Xian Real Estate Investment Trust, was among the first Hong Kong executives to relocate to the mainland in the early ...

    http://www.scmp.com/business/china-business/article/1078943/interview-tom-cheung-ling-fung-chief-executive-hui-xian-reit

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