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  1. News - Hong Kong - AGEING POPULATION

    Hong Kong faces same tough tax choices as Singapore, academic says

    Posted Aug 28th 2012, 12:00am by Olga Wong

    ... Olga Wong and Bloomberg Academic says shrinking labour force means either productivity or taxation must increase HK faces 'same tough tax choices as Singapore' Hong Kong faces the prospect of steadily rising taxes, just like Singapore, if it does not increase productivity in the face of an ageing population, an expert warns. Paul Yip Siu-fai, a professor in population policy ...

  2. Don't blame the peg; Singapore's no better off than HK

    Posted Jun 18th 2012, 12:00am

    ... to alleviate these curses, just as Singapore does. Yet, had they actually checked the data, these critics would have realised that their arguments for getting rid of the peg simply don't stand up. Last Wednesday, Monitor published a chart showing that there has been almost no deviation in consumer inflation rates between Hong Kong and Singapore over the last seven years. Although ...

  3. Ipac to close HK, Singapore offices

    Posted Jan 10th 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Ipac Wealth Management Asia, a financial planning unit of French insurer AXA, will close its Hong Kong and Singapore offices in the first half because ... and Singapore will be closed,' Harvey said. The two offices, which were set up in 2003, have 100 employees. Its Hong Kong office has three licences from the Securities and Futures Commission. ...

  4. Singapore model cited in bid to revamp MPF

    Posted Apr 14th 2011, 12:00am

    ... other jurisdictions, such as Australia, which charges 0.5 per cent. Wong, who led a delegation to Singapore last week and visited several government agencies, including the city state's Central Provident Fund Board (CPF), said Hong Kong could learn a lot from Singapore. To avoid fund managers eating up employees' savings, Wong suggested the government offer more choice ...

  5. Pity poor Singapore for a pleasant change

    Posted Mar 25th 2008, 12:00am by Tom Holland

    ... Tom Holland Here's something you won't often read in this column: spare a thought for poor unfortunate Singapore. You see, Singapore was supposed to have got things right, ... main policy aim and chained its currency to the US dollar, many economists thought that Singapore had been smarter. Instead of pegging to a single anchor currency, Singapore chose to manage its ...

  6. Singapore and babynomics

    Posted Jun 19th 2007, 12:00am by Tom Holland

    ... Tom Holland Having children may enrich your life, but most parents would surely agree that the little darlings leave you financially poorer. Now, if the Singapore press is to be believed, ... Business Times newspaper last week, citing a research paper from the Monetary Authority of Singapore. Well, not exactly. The MAS economists did not mean that if Singaporeans fail in their national ...

  7. Why should wealthy HK and Singapore still fight for foreign capital?

    Posted Feb 21st 2007, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'Singapore cuts corporate tax to narrow gap with Hong Kong' SCMP headline, February 16 I THINK WE probably have general agreement here. The reason Singapore has just cut its corporate tax rate to 18 per cent is to compete more actively with Hong Kong for foreign investment. This tax measure is aimed at us. I wouldn't worry too much about ...

  8. Hong Kong still sweeter than Singapore's chocolate bait

    Posted Jan 25th 2007, 12:00am by Tom Holland

    ... for raising their chocolate allowance when in fact the state had cut the weekly chocolate ration by 10 grams to just 20 grams each only one day earlier. Something similar happened in Singapore this week. On Monday, the Straits Times Index leapt 2.4 per cent after maximum leader Lee Kuan Yew said the government planned to cut Singapore's corporate tax rate by 'at least' one ...

  9. Singapore loses favour to India

    Posted Apr 04th 2004, 12:00am by Chris Oliver

    ... Investors should shift money out of Singapore and into India, where the benefits of fast economic growth and asset reflation are more likely, according to ABN Amro. The brokerage recently downgraded Singapore from neutral to underweight, saying falling real-estate prices and underperforming banks are bad signs. 'The stock market is more likely to capture the deflationary impact ...

  10. Singapore Power bonds largest issue in Asia

    Posted Oct 18th 2003, 12:00am by Staff Reporter

    ... Anette Jonsson Investors value the $16.92 billion launch as a triple-A credit Singapore Power has completed the latest leg of a corporate and financial restructuring by issuing S$3.8 ... of Asia this year and has attracted strong demand from Singapore and overseas investors. The scarcity value of a bond of this calibre, from a Singapore standpoint, a utility standpoint ...




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