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  1. Events

    Posted Jun 02nd 2008, 12:00am by Staff Reporter

    ... Tomorrow: Hong Kong General Chamber of Commerce seminar: 'Human capital forum: Talent recruitment, retention, compensation, succession... What are the strategies?' American Chamber of Commerce breakfast: 'US$3 trillion sovereign wealth funds- What's next?' ...

  2. Building wealth long after the miners depart

    Posted Oct 28th 2011, 12:00am

    ... to macro-economic stability. Countries can establish sovereign wealth funds that preserve a share of resource-generated wealth for future generations. Such funds allow countries to plan ahead for the days ... between the wealth generated and the paucity of local benefits derived is often exacerbated by weak governance and a lack of transparency and accountability. Yet it is possible to design policies ...

  3. Events

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

    ... Today: Hong Kong General Chamber of Commerce event: 'Talent recruitment, retention, compensation, succession... What are the strategies?' United Centre. American Chamber of Commerce breakfast: 'US$3 trillion sovereign wealth funds- What's next?' British Chamber of Commerce breakfast: 'Accelerating towards a new Beijing'. ...

  4. Finance still offers a barrel of funds

    Posted May 08th 2012, 12:00am

    ... is targeting insurance companies and other institutional investors, including sovereign wealth funds, corporates, endowments and pension investors. Konyn has worked in Hong Kong for more than 22 years, ... Enoch Yiu While many banks may have plans to axe staff, the outlook is not gloomy for all parts of the financial industry. The investment fund sector is still in expansion mode as new fund ...

  5. NSSF earmarks 100b yuan for private equity funds

    Posted Jun 12th 2008, 12:00am by Tom Miller

    ... Tom Miller in Beijing The national pension fund plans to plough 100 billion yuan (HK$113 billion) into private equity funds by 2010, the latest sign that Beijing is targeting private investment firms to help bolster returns on its sovereign wealth. Dai Xianglong, the head of the National Council for Social Security Fund, confirmed at a financial conference that the fund would ...

  6. Comment - Insight & Opinion - LEADER

    Wealth tax idea worthy of debate

    Posted Mar 03rd 2013, 12:00am by SCMP Editorial

    ... SCMP Editorial Wealth tax idea worthy of debate A higher tax on the owners of Singapore's most expensive homes- the top 1 per cent- resonates here because it is aimed at closing ... not enough to keep the idea off the agenda, they invoked the threat of a wealth tax to Hong Kong's free-market, low-tax image. That said, the wealth gap remains the prime source of social ...

  7. Business - Money - TAXES

    Beijing advisers propose tax on large stock sales to narrow the wealth gap

    Posted Sep 13th 2012, 12:00am by BLOOM

    ... of equities held for short periods to help narrow the nation's wealth gap, Xinhua reported. The economic committee of the Chinese People's Political Consultative Conference also suggested ... priorities amid concern the growing wealth gap could spark social unrest. The central government has sought to achieve that by raising the threshold for paying income tax, building subsidised housing ...

  8. 'Forgotten' voices crying to be heard

    Posted May 18th 2011, 12:00am

    ... No one wants to be poor. Nor, with so much pressure on the rich and powerful to give back to society and the wealth gap getting wider, can the well-heeled feel comfortable crowing too ... it. Most recently, officials launched the Community Care Fund, under which the wealthiest are asked to help the poorest and the government contributes an equivalent amount. The divide ...

  9. Hunger inexcusable amid such wealth

    Posted Sep 29th 2011, 12:00am

    ... Fund has raised more than a million dollars over the last month to support the two food banks. Once again, Hong Kong people have shown their generosity and care for people not as fortunate ... will participate. The more people who can benefit from the service, the better. The wealth gap is a problem that the government must tackle, with the community's help. There are many pressing issues, ...

  10. Piecemeal measures won't close wealth gap

    Posted Apr 18th 2011, 12:00am

    ... societies are the same, so solutions will vary from place to place. Finding a way to ensure that wealth is equitably distributed is more about trial and error than proven strategies. But weighing up ... venture, the HK$10 billion Community Care Fund, aims to help the underprivileged. It is what would be expected from a government that subscribes to self-reliance rather than social welfare. ...




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