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  • October 21, 2014
  • Last updated: 2:29am
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  1. Henderson calls for stamp duty relief

    Posted Aug 30th 2003, 12:00am by Peggy Sito

    ... A leading Hong Kong developer has called for a 50 per cent reduction in stamp duty for property transactions in a bid to stimulate residential sales. Henderson Land Development chairman ... are running at just around 2 per cent per annum but stamp duty on transactions for luxury flats are fixed at 3.75 per cent. The tax charge is too expensive,' Mr Lee said. 'Many people ...

  2. Swire, SHKP must pay $349m duty, court rules

    Posted Dec 05th 2003, 12:00am by Peggy Sito

    ... Peggy Sito Swire Properties and Sun Hung Kai Properties (SHKP) have lost a court dispute over $349.65 million in stamp duty for a huge residential development site in Tseung Kwan O bought ... ruling overturned a decision by the Court of Appeal in March which ruled in favour of Arrowtown Assets for the relief of the $349.65 million stamp duty. Swire and SHKP each owns 49 per cent ...

  3. Mortgage proposal rejected

    Posted Aug 08th 2003, 12:00am by Raymond Ma

    ... Mr Li, also chairman and chief executive of Bank of East Asia, said he did not expect such a move would help stimulate demand. 'If you reduce stamp duty or allow more [mainland] ...

  4. Housing chief set to announce measures to stabilise market

    Posted Jul 31st 2003, 12:00am by Chloe Lai

    ... is considering extending the permitted construction periods at sites, lowering stamp duty, cancelling the advanced payment of stamp duty, and changing the arrangements for land supply as possible ways ...

  5. Your personal stamp of approval

    Posted Sep 15th 2003, 12:00am by Carrie Chan

    ... Once reserved strictly for the famous - think Queen Elizabeth II of Britain - now you, too, can grace the face of a stamp. Well, almost. If you are bored with traditional stamps, here's a new way to make your mailing personal - by having your own smiling face and a nice message attached to the stamps. The Hong Kong Post is now tailor-making stamps valued at $1.40 and $3 ...

  6. Developers' fears about oversupply are not allayed

    Posted Aug 01st 2003, 12:00am by Peggy Sito

    ... be good,' Mrs Ho said. The government is considering extending the permitted construction periods at sites, lowering stamp duty, cancelling the advanced payment of stamp duty and changing ...

  7. Stamps to mark historic moment

    Posted Oct 20th 2003, 12:00am by Staff Reporter

    ... The Hongkong Post, China Post and Macau Post have joined hands in issuing a special stamp booklet to mark the 'successful flight of China's first manned spacecraft'. Apart from the commemorative stamp booklet, each of the three postal administrations will also issue a set of two special stamps. The two issued by Hongkong Post depict the launching and orbiting ...

  8. Tax the billionaires

    Posted Aug 09th 2003, 12:00am by Staff Reporter

    ... that you do not serve at their sufferance by: raising the stamp duty on share transactions back to 0.3 per cent; and requiring offshore companies to report their presence and earnings. ... on residents bringing in duty-free cigarettes, will bring more revenue. Cancel the rail extension to Lok Ma Chau - it is a white elephant. The congestion is not on the trains as the same number of them ...

  9. Stamp of approval for children's designs

    Posted Aug 11th 2003, 12:00am by Staff Reporter

    ... IS THERE A 'discreet' way to tell your friends about your favourite toys and games? All you have to do now is to send them a letter and stick the right stamp on the envelope. The Hongkong Post will adopt four designs - out of 5,680 entries received from March to June for the Children Stamps Design Competition 2003 - in next year's Children Stamps. All creations were ...

  10. Top police and politicians detained over stamp scam

    Posted Nov 15th 2003, 12:00am by Staff Reporter

    ... for colluding with Abdul Karim Telgi, mastermind behind a racket that printed and sold fake postage and revenue stamps worth 300 billion rupees used in court papers and property transactions through his ... accomplices- ran out of luck after a Mumbai crime unit seized fake stamps worth 8 billion rupees from a warehouse in Bhiwandi, a town north of Mumbai, in January this year. The trail led to Telgi. ...




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