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  • October 21, 2014
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  1. Business - Economy - ECONOMY

    Guangdong eyes SOE reform

    Posted Sep 29th 2014, 03:58am by Enoch Yiu, Sophie Yu

    ... reforms on the mainland in the late 1970s. Professor Lu Yuanli of Shenzhen University said Guangdong feels it is its duty to be on the frontline of the mainland's economic reforms. "This ...

    http://www.scmp.com/business/economy/article/1603492/guangdong-eyes-soe-reform
  2. News - China - ECONOMY

    Li Keqiang downplays fears over anti-monopoly probes ahead of economic forum

    Posted Sep 09th 2014, 11:47pm by Victoria Ruan

    ... Li, giving us lots of confidence to do things in China." He said his request to Li "would be to reduce the import duties into China" for new materials manufactured abroad ...

    http://www.scmp.com/news/china/article/1588982/li-keqiang-downplays-fears-over-anti-monopoly-probes-ahead-world-economic
  3. News - Hong Kong - ECONOMY

    Hong Kong’s economic growth in first quarter slowest since 2012

    Posted May 16th 2014, 06:35pm by Amy Nip

    ... in the previous quarter. As for the property market, the government proposed last week that a tough anti-speculation measure introduced last year which doubles stamp duty on some property transactions may ...

    http://www.scmp.com/news/hong-kong/article/1513575/hong-kongs-economic-growth-first-quarter-slowest-2012
  4. News - Hong Kong - ECONOMY

    Bumper year in 2012-13 as tax revenue hits record HK$242b

    Posted May 03rd 2013, 12:00am by Dennis Chong

    ... Property tax rose 16 per cent to HK$2.3 billion- another record. Chu expected tax revenue to increase further in the current financial year despite a drop in stamp duty as a result of the government's attempts to cool the overheated property market. In 2010 the government imposed an additional special stamp duty of 15 per cent on homes sold within six months of purchase; 10 per cent ...

    http://www.scmp.com/news/hong-kong/article/1228740/bumper-year-2012-13-tax-revenue-hits-record-hk242-billion
  5. News - Hong Kong - ECONOMY

    Deloitte China forecasts HK$50.3 billion fiscal surplus

    Posted Jan 28th 2014, 12:49pm by Tony Cheung

    ... They include sweeteners for the middle class, such as waiving 75 per cent of the salaries tax- subject to a HK$12,000 ceiling- as well as stamp duty deductions for those buying a home for the first ... should be allowed a deduction for the stamp duty paid on the purchase, also with a HK$100,000 cap. "We don't have a scientific definition of 'middle class', but generally we ...

    http://www.scmp.com/news/hong-kong/article/1415657/deloitte-china-forecasts-hk503-billion-fiscal-surplus
  6. News - Hong Kong - ECONOMY

    Year-on-year inflation in Hong Kong slowed slightly in June, government reports

    Posted Jul 21st 2014, 06:10pm by Phila Siu

    ... increases in alcoholic drinks and tobacco, mainly due to the tobacco duty hike, according to the department. Despite it slowling slightly on the year-on-year rise last June, the second largest ...

    http://www.scmp.com/news/hong-kong/article/1557006/year-year-inflation-hong-kong-slowed-slightly-june-government-reports
  7. Business - Economy - ECONOMY

    Time for Asia to tighten monetary policy

    Posted Jun 04th 2014, 05:08am by ROB SUBBARAMAN

    ... transactions and special stamp duties on investments, with gusto. Macroprudential tools, however, are not silver bullets. And over time they lose their impact. The best chances of mitigating financial ...

    http://www.scmp.com/business/economy/article/1524838/time-asia-tighten-monetary-policy
  8. News - Hong Kong - ECONOMY

    Change accounting rules to keep land revenue windfalls separate, urges government adviser

    Posted Jan 17th 2014, 04:14am by Olga Wong

    ... suggested setting up a fiscal stabilisation fund comprising revenues that tend to fluctuate, such as land premiums, stamp duty and investment income. The fund's performance over about seven ...

    http://www.scmp.com/news/hong-kong/article/1407216/government-adviser-suggests-land-revenue-windfalls-be-kept-separate
  9. News - China - ECONOMY

    Parallel traders shrug off 15-day border crackdown

    Posted May 30th 2014, 03:57am by He Huifeng

    ... the officers are out of sight. Some keep trading in front of the officers, who often turn a blind eye, especially at night. With no need to pay taxes, duties or rent, they made a good profit despite ...

    http://www.scmp.com/news/china/article/1521204/parallel-traders-shrug-15-day-border-crackdown
  10. News - Business - ECONOMY

    Swire Pacific eyes property expansion across region, says chairman

    Posted Apr 29th 2013, 12:00am by Keith Wallis

    ... high hopes of Cathay Pacific's ties with shareholder Air China, which he felt would define this decade for the airline. Pratt said measures such as the doubling of stamp duty and a law ... constrained; money is still historically cheap. In the absence of the increases in stamp duty who knows where the market would be?" Swire Properties was seeing "good retail demand in its ...

    http://www.scmp.com/news/article/1225530/swire-pacific-eyes-property-expansion-across-region-says-chairman

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