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  • August 21, 2014
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  1. Property giants may be let off hook over underpaid workers

    Posted Feb 12th 2007, 12:00am by Anita Lam

    ... Anita Lam Property developers may be able to gain accreditation under the voluntary 'wage protection movement' even if workers managed by their subsidiaries are paid less than the market rate. Permanent Secretary for Economic Development and Labour Matthew Cheung Kin-chung made the comment after an association of the city's leading property management companies ...

  2. Labour pains

    Posted Mar 15th 2007, 12:00am by Anita Lam

    ... position after he discovered that most of the major players in the market had not joined the scheme. Suen Kwok-lam, president of the Hong Kong Association of Property Management Companies, which ... is meaningless.' Mr Suen's comment came after an informal poll by the South China Morning Post of 19 major property management agents last month found that only three had joined the campaign. They did ...

  3. Job losses in financial sector weigh down London prices

    Posted Mar 19th 2008, 12:00am by Richard Warren

    ... Richard Warren in London Shortage of homes will avert an all-out collapse in the City Job losses in London's financial services sector are driving down property prices, experts say. ... property prices fell 2 per cent in the final quarter of last year, partly because there were fewer City of London buyers. Kensington, Chelsea, Knightsbridge, Mayfair and Belgravia are the districts ...

  4. Cheap housing for staff attracts tax

    Posted Mar 02nd 2007, 12:00am by Staff Reporter

    ... enterprises to tear down factories to make way for residential properties while some have bought housing on the open market and sold them to staff at below cost. Many of the subsidised homes were sold ... tax was jointly issued on Wednesday by the State Taxation Administration and the Ministry of Finance and took effect immediately. It means homebuyers will be taxed if they purchase property ...

  5. Construction site's strike hurts us all, says property boss

    Posted Aug 17th 2007, 12:00am by Agnes Lam, Martin Wong

    ... Martin Wong and Agnes Lam The strike by construction-site metalworkers was having a serious impact on all Hong Kong, the deputy chairman of property giant Cheung Kong Holdings, Victor Li Tzar-kuoi, said yesterday. Speaking as the strike continued into its second week, Mr Li said it was not just a commercial issue. 'The work progress at construction sites of private developers ...

  6. Property management firms ignore minimum wage deal

    Posted Feb 05th 2007, 12:00am by Anita Lam

    ... Anita Lam Up to 90 per cent of Hong Kong's property management agents are not taking part in the government's 'wage protection movement' despite verbally pledging support, a senior executive estimates. Among the 19 property management agents questioned by the South China Morning Post last week- most of which are subsidiaries of developer heavyweights ...

  7. Bus drivers shelve union action and accept wage increase

    Posted Jul 16th 2009, 12:00am by Danny Mok

    ... Danny Mok Bus drivers at KMB and Long Win shelved plans for union action after reaching an agreement with the companies last night on a pay rise. Drivers at Citybus and New World First Bus also reached a separate deal with their respective companies. Kowl ...

  8. Good times bear fruit

    Posted Jul 21st 2007, 12:00am by Staff Reporter

    ... better outdoor living and more residential space,' he said. 'Some financial institutions are relocating their regional head office and senior executives from Hong Kong ... of their high quality of work and familiarity with the Hong Kong and mainland cultures. 'In the eyes of [Hong Kong property] developers, Hong Kong-trained staff are more reliable, competent ...

  9. Late investment better than none

    Posted Oct 12th 2011, 12:00am

    ... nearing retirement need to be focused,' he said. 'Those approaching retirement should consider how much of their assets should be in property and build a plan that includes purchasing one or more properties.' ...

  10. Events

    Posted Aug 22nd 2008, 12:00am by Staff Reporter

    ... Wednesday, September 3: Hong Kong General Chamber of Commerce luncheon: 'Creative and innovative marketing strategies'. American Chamber of Commerce seminar: 'Estate and trust planning'. Bank of America Tower. Friday, September 5: Hong ...




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