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  • October 2, 2014
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  1. Movie distributors to tighten rules for video rental shops

    Posted Aug 11th 2003, 12:00am by Alex Lo

    ... Outlets will not get new films unless they pay fees and follow the rules Unauthorised movie rental shops have been warned to become fee-paying members of the Hong Kong Video Development ... 1 or they will not be supplied with VCDs and DVDs of new movies. People with more than one rental shop will have to pay an extra $7,500 a year for each of their shops. Shops that became members under the new ...

  2. Slide forecast in luxury real-estate rental returns

    Posted Nov 26th 2003, 12:00am by Peggy Sito

    ... Peggy Sito Local property experts have issued warnings to those still looking for stable rental returns on their luxury residential properties, saying the rise in capital values will lead to a decline in yields. An increasing number of expatriates becoming buyers could also add pressure to the leasing sector, leading to a drop in activity, they said. Luxury residential rentals have ...

  3. Beijing developer pitches city's rental yields to HK investors

    Posted Dec 03rd 2003, 12:00am by Peggy Sito

    ... 'Rental return is the most important factor in deciding where to invest. Returns [in Hong Kong] remain low. But the return on our project in Beijing can reach more than 10 per cent a year.' Winnie Yip, director and general manager of the Beijing office of DTZ Debenham Tie Leung, confirmed that rental returns in the city were attractive. 'Rental returns on Beijing residential ...

  4. Office rentals face further downward slide

    Posted Jul 09th 2003, 12:00am by Sophia Wong

    ... Prime office rentals could contract 10 per cent in the second half of the year following a 14 per cent decline in the first half, according to CB Richard Ellis. The international property consultant estimated that grade-A office prices fell 19 per cent while the vacancy rate rose from 9.6 per cent to 10.7 per cent over the past six months. Jones Lang LaSalle said office rentals shrank ...

  5. Causeway Bay third-costliest for shop rents

    Posted Nov 07th 2003, 12:00am by Staff Reporter

    ... Ernest Kong Only retail space in New York and Paris is more expensive Causeway Bay is the third most expensive shopping district in the world for the second year running, putting ... the area lagged No1 New York by 41 per cent and No2 Paris by 34 per cent. The annual survey, conducted by international consultant Cushman & Wakefield Healy & Baker, compiled rental data ...

  6. Symptoms signal city's evolution in maturing sector

    Posted Sep 24th 2003, 12:00am by Anthony Woo

    ... Weak demand, high vacancy rates and falling rentals show move to stability Hong Kong gets a bad wrap as one of the world's most expensive places to do business, undoubtedly because of supposed sky-high office rents. This is an erroneous assumption as Hong Kong is now competitively priced and one of the least expensive major cities to set up office. Office space is not expensive ...

  7. New light is shed on councillors' expenses

    Posted Dec 20th 2003, 12:00am by Staff Reporter

    ... yesterday approved changes to councillors' office expenses, which had been approved by an independent commission. The councillors will also receive a one-off grant of up to $10,000 to improve information technology in their offices. Councillors will now see their reimbursable operating expense allowance (OEA) adjusted each year according to the consumer price index. The move should result ...

  8. Democrats oppose poll expense limits cut

    Posted Dec 13th 2003, 12:00am by Carrie Chan

    ... Carrie Chan The Democratic Party yesterday opposed cutting election expense limits in line with deflation, predicting next year's Legislative Council election would be more ... as we are expecting that there will be more voters and candidates next year.' The current formula calculates expense limits for each of the five geographical constituencies by multiplying ...

  9. Operation expenses eat into Capinfo profit

    Posted Aug 12th 2003, 12:00am by Staff Reporter

    ... to an increase in operation expenses. The net profit of 3.5 million yuan (HK$3.27 million) compared with 6.39 million in the same period last year, while revenue grew 20 per cent to 127 million yuan. ... resources to marketing, equipment and human resources to develop its main businesses. Marketing expenses increased from 3.9 million yuan to 6.38 million yuan, while administrative expenses grew from ...

  10. CT10 condemned as expensive and risky

    Posted Nov 01st 2003, 12:00am by Russell Barling

    ... Consultancy firm McKinsey & Co recommends cutting costs in Hong Kong instead, reports Russell Barling Hong Kong has ample container-handling capacity for the next 10 years and efforts to increase the productivity of existing facilities will save billi ...




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