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  • July 31, 2014
  • Last updated: 3:55am
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  1. News - Hong Kong - FOOD

    City's restaurants suffer from high costs and bad taste, say restaurateurs

    Posted Jul 26th 2014, 04:09am by Vivienne Chow

    ... cosmetic chains and jewellery and watch shops at the expense of Hong Kong culture, as high rents drove entrepreneurs away. "Even simple [shops] like bakery or noodle shops... you almost cannot ...

  2. Business - Comment - JAKE'S VIEW JAKE VAN DER KAMP

    Let spoiled airlines fund Hong Kong's third runway, not the public purse

    Posted Jul 22nd 2014, 12:01am by Jake Van Der Kamp

    ... a 15.1 per cent return on equity. It's notable, however, that this included income of HK$7.5 billion from shop rentals and other commercial revenue. The airport operations themselves ran ...

  3. Business - China Business - EARNINGS

    SMIC boosts margins on way to ninth straight profitable quarter

    Posted Jul 22nd 2014, 12:29am by BIEN PEREZ

    ... and enhanced cost control. SMIC said yesterday its preliminary assessment of second-quarter gross margin- the percentage of total sales revenue retained after production-related expenses- is now ... margin guidance, we have seen an increase in utilisation and improved expense control, exceeding our earlier expectations," SMIC chief financial officer Gao Yonggang said in a company ...

  4. Tiny match-box shops pack a world-class rental punch

    Posted Sep 16th 2009, 12:00am by Sandy Li

    ... Sandy Li Dynamite, it is said, comes in small packages. And Hong Kong's tiny 'match-box' shops pack a rental punch that puts them among the most explosively expensive retail outlets in the world. 'They're just like tiny match boxes but they command unbelievably high rentals on a per square foot basis,' said Tony Lo Chin-ho, a director of the retail ...

  5. Property - International - UNITED STATES

    Swire Properties sells Miami flats at top prices

    Posted Jul 22nd 2014, 03:35pm by Sandy Li

    ... residential and commercial real estate, said Chinese have been buying in Miami since 2011 and the numbers are increasing. The combination of low prices, no state capital gains tax and high rental ...

  6. Property - Hong Kong & China - RETAILING

    Retail vacancies in Hong Kong soaring, but rents dip only slightly

    Posted Jul 26th 2014, 01:38am by Yvonne Liu

    ... in order to have a presence in the key shopping streets. But now, they would rather open shops in new shopping districts if the returns in second-tier streets cannot justify the expensive rents. ...

  7. News - Hong Kong - LABOUR

    More public holidays too expensive: employers

    Posted May 02nd 2014, 03:39am by Amy Nip

    ... Amy Nip amy.nip@scmp.com More public holidays too expensive: employers Increasing the number of statutory holidays to 17 would be expensive and could exacerbate labour shortages, employers ... Kong Industries chairman Stanley Lau Chin-ho said yesterday that granting the extra holidays would be too expensive for employers. "There is a labour shortage for tourism, retail and hotel ...

  8. News - China - RAILWAY

    China plans to extend Tibet railway line to India, Nepal borders by 2020

    Posted Jul 24th 2014, 02:01pm by Reuters in Beijing

    ... railways, as saying, without providing details. China has long mooted this plan, but the difficulty and expense of building in such a rugged, remote and inhospitable region has slowed efforts. Tibet ...

  9. Rentals edge up marginally

    Posted Oct 29th 2010, 12:00am by Alex Frew Mcmillan

    ... to Jones Lang LaSalle (JLL), rents edged ahead 1.1 per cent in the third quarter to S$4.65 (HK$27.84) per square foot. The most-popular and expensive central districts led the boost, with rents ...

  10. Business - China Business - ENERGY

    Sino-Dutch consortium spends up on feasibility study for tidal energy

    Posted Jul 21st 2014, 03:18am by Eric Ng

    ... Its estimated generation cost is 10 to 15 US cents per kilowatt-hour (kWh). This means it is about 10 per cent more expensive than a mainland nuclear power plant- among the most expensive ... project will need greater state subsidies than offshore wind turbines, already among the most expensive to produce and turn a profit. The Dutch consortium has spent about US$4 million ...




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