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  1. To avoid a future crisis, Hong Kong needs to come up with a water plan

    Posted Jul 07th 2012, 12:00am

    ... Hong Kong has survived many uncertainties and crises in the 15 years since the handover. However, we are still failing to plan ahead of time and think in a broader perspective. Water ... cities will have even more severe water supply shortages. Each year Hong Kong uses 60 to 70 per cent of its water entitlement. The surplus goes to the other cities in the scheme. In future, when ...

  2. Shaky global economy clouds Hong Kong outlook

    Posted May 11th 2012, 12:00am

    ... Kong edges down to average around 3 3/4 per cent for the year. Hong Kong banks have preserved the high quality of their loan portfolios. Despite a credit boom over the past two years ... Kong, especially in the first half of this year. We expect the Hong Kong economy to pick up the pace in the second half of the year and expand by 2.6per cent in 2012. Growth will be fuelled ...

  3. Stocks touch low not seen since last crisis ended

    Posted Sep 15th 2011, 12:00am

    ... Neil Gough neil.gough@scmp.com Hong Kong stocks briefly touched their lowest levels since July 2009 yesterday, as investors remain jittery over the risk of sovereign default in Europe ... trading at their cheapest levels since March 2009, when the market began its rebound from the financial crisis that began three years ago today with the bankruptcy of Lehman Brothers. 'The ...

  4. Hong Kong's anti-inflation measures aren't working

    Posted May 24th 2011, 12:00am

    ... rate to sink to 2.7 per cent by the end of the year. The difference between Singapore and Hong Kong, of course, is that policymakers in Singapore are able to steer the value of the Singapore ... in place. If all the government's anti-inflation measures are equally as effective, it's hard to be optimistic about the outlook for Hong Kong's consumer prices over the rest ...

  5. 27 years and counting

    Posted Mar 28th 2004, 12:00am by Tinnie Chow

    ... at home. We love the Sevens, it gets better and better every year,' says Margaret. David, as a telecoms consultant for PCCW, has seen Hong Kong change first hand since the early days. ... it was 1978, when the field was flooded over at the Hong Kong Government Stadium. They had to bring out the fire engines in order to pump out four feet of water.' ...

  6. News - Hong Kong

    Hong Kong consumer prices rise 4.1pc in 2012

    Posted Jan 21st 2013, 06:08pm by Lai Ying-kit

    ... Lai Ying-kit Inflation remains steady at 3.7pc during November, December Consumer prices in Hong Kong rose by 4.1 per cent last year over the previous year, the Census and Statistics ... On the other hand, durable goods dropped by 2 per cent over a year earlier. The prices of alcoholic drinks and tobacco remained unchanged. A government spokesman said inflation was expected to remain ...

  7. Comment - Insight & Opinion

    Free market no panacea for Hong Kong's ills

    Posted Oct 25th 2012, 12:00am by SCMP Editorial

    ... SCMP Editorial A free market is no panacea Hong Kong has for many years been singled out by conservative think tanks as the freest economy. It will be interesting to see what is made ... warned, for example, that introducing a modest minimum wage was a dent in Hong Kong's crown. But the crown sits uneasy because of four serious problems identified by Leung- unaffordable ...

  8. Business - Money

    Hong Kong mints new batch of HK$5 coins for first time in 14 years

    Posted Oct 02nd 2012, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com It was released in August while new HK$2 coins are to be circulated in December First new HK$5 coin minted in14 years The Hong Kong government has quietly begun issuing new HK$5 coins, for the first time in 14 years. A newly minted HK$2 coin also will be put into circulation from December, according to the Hong Kong Monetary Authority. After ...

  9. Magazines - Style

    Alexa Lam: 'If you sense there is discrimination, just ride over it', says stock market guardian

    Posted Oct 09th 2012, 12:00am by Jane Moir

    ... is a series of highs and lows. For 14 years, she has navigated through the volatility and crises of Hong Kong's rollercoaster stock market, attempting to protect the city's investors. It has ... hard because nothing comes to those who don't work hard. "And if you sense there is discrimination, just ride over it. In Hong Kong, the situation is a lot fairer ...

  10. Noble Group boss named businessman of the year

    Posted Dec 04th 2009, 12:00am by Mukul Munish

    ... Mukul Munish Richard Elman, chief executive of Noble Group, was yesterday named Business Person of the Year at the DHL/SCMP Hong Kong Business Awards. This year marks the 20th anniversary of the inception of the business awards. Elman was credited with successfully steering and strengthening Noble Group during last year's worst global financial crisis in over eight decades. He ...




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