Liberal Party urges stamp-duty exemption
The Liberal Party has suggested waiving the buyers' stamp duty for locally registered companies without foreign directors or shareholders. James Tien Pei-chun, honorary head of the party, said this would alleviate the impact on the city's image as a free market. The government has imposed a 15 per cent tax on the real-estate transactions of non-permanent residents to cool the property market.
HKCEC business holds up despite world woes
The Hong Kong Convention and Exhibition Centre's business remained stable despite the gloomy global economic outlook, according to managing director Monica Lee-Muller. She said the centre had held 1,224 events in the past year, of which 116 were exhibitions. It received more than 5.6 million visitors.
10 mainland women nabbed in vice raids
Police and immigration officers arrested 10 mainland women yesterday after carrying out raids on four flats in Yau Ma Tei, allegedly used as brothels. The women, aged between 22 and 57, were detained for breaching their conditions of stay.
Two more voters jailed for giving false address
Two people were sentenced to three months in jail for vote-rigging in last year's district election. The Kowloon City Court charged hawker Leung Li-fung, 46, and customer service officer Tai Lai-yee, 26, for faking their address on the ballot. They claimed a flat in Mong Kok was their principal address in order to vote in the King's Park constituency in November. So far, 44 people have been found guilty of illegal practices during the election.
Knife-wielding man arrested in Wan Chai
Two policemen drew their guns before arresting a knife-wielding man after a brief stand-off in Wan Chai yesterday morning. The 37-year-old suspect rushed into a restaurant and stole a chopper, before hitting a taxi with it in Gloucester Road at about 3.15am.