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  • November 23, 2014
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  1. Beijing Airport may see rent returned

    Posted Sep 30th 2008, 12:00am by Charlotte So

    ... and retrieve rental expenses in previous months. The airport saw its rental expenses surge more than 10 times to 586 million yuan in the first half. The company has been operating the terminal since ... lower than the rental expenses, he said. 'We are still confident that the government will approve the transaction by [year-end],' company secretary Shu Rong said yesterday. 'But ...

  2. NET's talks with bureau hit snags over changes

    Posted Oct 11th 2008, 12:00am by Elaine Yau

    ... schools have signed a petition for more special allowance. Teachers receive HK$12,950 to help cover rental expenses. Nesta wanted the allowance to be increased by up to 30 per cent, which would ... held up a bit.' The bureau has agreed to increase the allowance, but the two sides differed on the calculation for measuring average rental prices. 'We have difference of opinions... ...

  3. Bullish Parkson eyes more mainland stores

    Posted Aug 23rd 2008, 12:00am by Staff Reporter

    ... compared with 141.4 million yuan a year earlier. Rental expenses climbed 15.7 per cent to 177.17 million yuan. An interim dividend of 6 fen was declared. ... is in line with my expectation,' said a retail analyst in Shanghai. 'Its profitability is above the industry average, as it did a good job in controlling costs, such as rental and labour ...

  4. NETs petition for allowance rise up to 31pc

    Posted May 24th 2008, 12:00am by Liz Gooch

    ... the allowance to HK$18,000. Teachers currently receive HK$12,950 to help cover rental expenses but the Native English-speaking Teachers' Association (Nesta) is negotiating with the Education Bureau ... cent to HK$14,000. But he said this did not reflect the true increase in the rental market and was not based on the index recommended by the government's Rating and Valuation Department. ...

  5. I.T sees interim profit fall 66pc on higher costs

    Posted Oct 31st 2008, 12:00am by Staff Reporter

    ... a year earlier. Rental expenses rose 61.1 per cent to HK$292.5 million and staff costs surged 47.2 per cent to HK$224.9 million. I.T, which secured a HK$130 million bank loan this month, has ... working capital. Net profit for the half-year to August fell to HK$15 million from HK$44.11 million a year earlier on rising operating expenses and fair-value losses on forward currency contracts. ...

  6. HK has second most expensive retail rents

    Posted Nov 21st 2008, 12:00am by Yvonne Liu

    ... Avenue remains the world's most expensive retail destination, with rental values reaching US$2,200 per square foot. The demand in the retail market comes from luxury brands and retailers ... Yvonne Liu Retail rents in Hong Kong have overtaken those of Moscow, making the city the second most expensive in the world for shopowners, according to the latest global retail rents ...

  7. Stricter rules on expenses likely

    Posted Jun 03rd 2008, 12:00am by Staff Reporter

    ... agreed to the revisions. 'I do not claim the full expenses on rental, only half of it,' said Mr Razack, who claims about HK$12,000 a month on rent for his office in Central. ... Ng Kang-chung Legislators may face stricter rules on expenses claims for office rent and staff wages after a proposal received initial approval. At yesterday's Legislative Council ...

  8. Midland to slash costs after interim profit dives

    Posted Sep 19th 2008, 12:00am by Sandy Li

    ... the initiative to lower labour, materials and financial costs. It would also strictly monitor marketing and administrative expenses to improve cost efficiency for staff and value for shareholders. 'Some branches may be relocated from high rental premises to less expensive properties in the same neighbourhood, thus achieving substantial savings on respective branches' rental ...

  9. Developer bullish despite economic uncertainties

    Posted Oct 15th 2008, 12:00am by Kenneth Ko

    ... are increasingly [more] open in the consideration of location of their property. They do not mind travelling a bit every day if it can save on rental expenses and offer a comfortable living environment. ... with the same time a year ago, according to Mr Tin. A luxury house at its Three Bays development in Stanley was recently leased out at an average rental of HK$75 per sqft a month, reflecting the strong ...

  10. Mailbag

    Posted Jun 07th 2008, 12:00am by Staff Reporter

    ... English Teachers are given an allowance of HK$12,950 to help cover rental expenses and they would like this allowance to be increased to HK$18,000, according to a report in Education Post ('NETs petition for allowance rise up to 31pc', May 24). How come local teachers don't get a rental allowance? RENNIE MARQUES, Mei Foo Sun Chuen ...




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