Chilean Peso

Pawnshops prove to be a gold mine for jobless miners

Police have launched a manhunt for at least two unemployed miners suspected of robbing pawnshops by tunnelling into them from as far away as 50 metres.

Tuesday, 31 January, 2012, 12:00am

Hundreds queue for new-look $20 and $100 notes

Hundreds queued outside banks for redesigned HK$20 and $100 banknotes which went into circulation yesterday, with many people wanting to put them in lai see packets for the Lunar New Year.

The new HK$20 notes, from all three note-issuing banks, have improved security features.

New designs feature local festivals, Chinese heritage and the city's scenic spots.

12 Jan 2012 - 12:00am

The US dollar

Money for business

The US dollar is the currency - the metal coins or paper money used to buy things - of the United States. Dollars are also used all around the world for business deals.

16 Dec 2009 - 12:00am

Calle Florida, Buenos Aires

Since the devaluation of the peso in 2001, shopping in Argentina has become attractive to many foreigners. There are a number of shopping precincts in the nation's capital, such as upscale Recoleta, the antiques fairs of San Telmo and the boutiques of Palermo.

30 Mar 2008 - 12:00am

Plenty of notes to cover fakes: monetary authority

Assurance comes as value of seized counterfeit notes tops HK$1 million

As seizures of fake HK$1,000 notes top the million-dollar mark, the Hong Kong Monetary Authority yesterday assured the public there were sufficient stocks of new HK$1,000 notes to meet the demand of customers who wish to replace their older banknotes.

21 Mar 2007 - 12:00am

Plastic HK$10 note to make debut in June

Trial will test public acceptance of 'cleaner, more durable and secure note'

Plastic HK$10 notes will go on a trial as early as June, circulating alongside the existing notes and coin, as foreshadowed by the Post on December 29 last year.

13 Mar 2007 - 12:00am

A $10 bill to foil forgers and fill lai see packets

A new $10 note is to be issued by the Government in response to overwhelming demand for the currency as lai see gifts, Financial Secretary Antony Leung Kam-chung said yesterday.

The burgundy note will be printed in the Netherlands and issued by the Government rather than the three note-issuing banks.

29 Jun 2002 - 12:00am

New notes make life harder for forgers

New banknotes featuring the latest anti-counterfeiting measures are set to enter circulation soon, one of the three note-issuing banks revealed yesterday.

Peter Wong Tung-shun, head of Hong Kong operations at Standard Chartered, said the bank had not come across many fakes, despite a territory-wide rise in cases.

9 Feb 2002 - 12:00am

Flagships a mixture for First Pacific

First Pacific has unveiled varied performances at its two flagship companies in the Philippines.

Metro Pacific, a Manila-based property company, said its unaudited net earnings in the three-month period to September 30 surged to 153.59 million pesos (about HK$29.58 million) from 55.08 million pesos a year earlier.

16 Nov 1999 - 12:00am

Cebu Shipyard profits dip 18pc

Cebu Shipyard, owned by Singapore's Keppel Corp, recorded a 18 per cent drop in profits to 23 million pesos (about HK$4.09 million) in the first half of this year compared with 28 million pesos in January-June 1997. Turnover fell 21 per cent to 131.5 million pesos as a result of the regional economic crisis.

17 Aug 1998 - 12:00am

Higher financing costs see Metro Pacific profits plummet 80pc

Metro Pacific Corp, the Philippine subsidiary of conglomerate First Pacific, has revealed an almost 80 per cent drop in unaudited net profit to 117.39 million pesos (about HK$21.49 million) for the six months to June 30.

It attributed the fall to higher financing costs.

31 Jul 1998 - 12:00am

Budget set

Ports operator Asian Terminals Inc says it has allowed for 500 million pesos (about HK$108.55 million) in capital expenditure for the fiscal year 1997-98 ending in June.

Most of it would be raised through borrowings, company treasurer Arturo Lopez said.

31 Oct 1997 - 12:00am

Teenagers held over fake notes

Police believe fake $100 banknotes made on a colour photocopier are in circulation in Shekkipmei after seven teenagers were arrested and 17 counterfeit notes seized.

Earlier this week police received two reports of fake notes being used to buy snacks from shops in the area.

2 Oct 1997 - 12:00am

Profits triple for Lorenzo

Lorenzo Shipping Corporation, a Philippine-based cargo shipping company owned by Singapore's Neptune Orient Lines, says profit more than tripled in 1996, thanks to an expanded fleet.

Lorenzo said net income was 127.6 million pesos (about HK$37.48 million), up 241 per cent from 37.4 million pesos the year before.

Revenue rose 53 per cent to 698.2 million pesos.

10 Mar 1997 - 12:00am

Just another rip-off

With this new scheme hatched by the Philippine Government to squeeze some more blood out of the domestic helper, namely, a US$25 (650 pesos) levy every time they renew a contract, I must update my letter to these columns of three years ago.

23 Aug 1996 - 12:00am