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  • April 16, 2014
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  1. Western worries to batter HK growth, Chan warns

    Posted Jan 29th 2012, 12:00am

    ... Paggie Leung paggie.leung@scmp.com The worst is yet to come for the global economy, the financial services minister warned yesterday, and Hong Kong will not be immune from the effects, with growth likely to slow. 'Have we seen the worst? I don't ...

  2. Tax discounts in western regions to continue

    Posted Aug 06th 2011, 12:00am

    ... Stephen Chen binglin.chen@scmp.com The central government has decided to extend a policy that allows most enterprises in western regions to enjoy big corporate income tax discounts ... keep the tax at 15 per cent for industries whose development they wanted to encourage in western regions. The tax is 25 per cent in generally more-developed regions, 66 per cent higher. A dozen ...

  3. News - World - FINANCE

    Britain clinches deal on tax havens

    Posted Jun 16th 2013, 12:00am by AFP, AP

    ... up names including that of the Hong Kong Community Chest, Red Cross of Hong Kong and Deutschce Bank. The true identity of the names on the list could not be verified. The appearance ...

  4. Beijing may extend tax on resources to western areas

    Posted Jul 08th 2010, 12:00am by Eric Ng

    ... Eric Ng Beijing plans to expand the resources tax reform from Xinjiang to all 12 western provinces to help the economically underdeveloped regions. The reform will raise tax income ... developing nations such as China and India. Wen said Beijing would continue a 15 per cent corporate income tax on companies based in western regions, against the 25 per cent standard rate, in force ...

  5. Business - Banking & Finance - FINANCIAL SERVICES

    Beijing is key to city's fund success

    Posted Apr 18th 2013, 12:00am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com Proposed changes will help boost the industry in Hong Kong, experts say, but a mutual recognition deal on cross-border selling is essential Beijing holds ... In addition, Tsang said the government was in talks with mainland authorities on a mutual recognition agreement for the cross-border selling of funds- meaning Hong Kong-domiciled funds could be sold ...

  6. The taxman cometh

    Posted Nov 04th 2004, 12:00am by Staff Reporter

    ... of a decision by the private Western Harbour Crossing to raise tolls, he is seeking to charge more at the government-owned Cross Harbour Tunnel to raise revenue and reduce congestion. But what have ...

  7. Lifestyle - Technology - BUSINESS CROWDFUNDING

    With Hong Kong's FringeBacker, achieving big dreams just a click away

    Posted May 07th 2013, 12:00am by Kylie Knott

    ... in and developing cross-border operations in IT and finance, as well as cultural and internet-related industries in Hong Kong, the mainland and Southeast Asia, Hwee was ready for something more rewarding. ...

  8. Watchdog to crack down on cross-selling for loans

    Posted Oct 13th 2011, 12:00am

    ... Bank's Zhejiang branch on Monday announced six measures to help ease liquidity problems at Wenzhou's small- and medium-sized enterprises, noting that it would not cross-sell wealth ...

  9. More heat on banks harbouring US tax evaders

    Posted Mar 13th 2011, 12:00am by John Carney

    ... John Carney A new law passed by the US Senate is destined to tighten the economic noose on banks involved in illegal financial activities in the city. The Foreign Account Tax Compliance Act (FATCA) is another US move to crack down on tax evaders, but it w ...

  10. Red Cross health project 'a scam to sell insurance'

    Posted Aug 08th 2011, 12:00am

    ... Priscilla Jiao priscilla.jiao@scmp.com The main mission of a charity project run by the scandal-plagued Red Cross Society of China was to sell insurance, state media reported. Most volunteers at Red Cross community service stations- called 'Bo Ai', or 'Big Love'- in Beijing were salesmen from China Life, the leading insurance company, according to News ...




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