Company Product

China Unicom plans spending lift as profits fall

China Unicom (Hong Kong) will boost capital spending this year to expand its 3G, Wi-fi and fixed-line broadband infrastructure nationwide, after posting a decline in profit last year.

Wednesday, 30 March, 2011, 12:00am

Beijing to investigate price gouging after rumours spark panic buying

In a further bid to contain inflation, the mainland's top planning agency has launched an investigation into several companies that allegedly raised prices to exploit consumers, state media reported.

30 Mar 2011 - 12:00am

HK's strategic location outweighs high shop rents, says MCM

German luxury goods company MCM Products, which took over home-grown retailer Episode's shop to open its flagship store in Central, said the strategic position of Hong Kong as a gateway to the mainland would outweigh the cost of high shop rents in the city.

Global brands would be undeterred by rising rents, it said.

30 Mar 2011 - 12:00am

Delays in planning could be a costly error

Attitudes towards retirement funds are changing as more people are becoming dependent on their savings.

People are more aware that the Mandatory Provident Fund (MPF) is a key way to save for retirement by using one's own savings and employer contributions.

30 Mar 2011 - 12:00am

Hontex auditor on trial for taking 'generous lai see'

Suspended KPMG senior manager Leung Sze-chit took HK$400,000 for himself and his assistant as a 'generous lai see' for last year's Lunar New Year, to overlook accounting errors in the listing prospectus of mainland company Hontex, the District Court heard yesterday.

29 Mar 2011 - 12:00am

iPad 2 came too soon after the original

Apple's iPad has changed many people's lifestyles. With the iPad, you can read a book anytime and anywhere, because books can be stored in an electronic format in the device. It has changed people's reading habits.

29 Mar 2011 - 12:00am

SKIN deep

A living, breathing organ exposed to the elements, skin often needs special care as seasons change. Now that summer is on the way, it's time to perfect a tailored daily regimen.

29 Mar 2011 - 12:00am

Brilliance aims to drive BMW sales

Brilliance China Automotive Holdings is targeting 40 per cent sales growth for its Shenyang-made BMW sedans this year after last year's blockbuster growth led to record turnover and profits.

29 Mar 2011 - 12:00am

Tsingtao finds rising costs are hard to swallow

Fans of Tsingtao Beer are no doubt grumbling about recent increases in the price of their favourite tipple.

But the rises may not be enough to help the mainland's second-largest beermaker cover increasing costs - and more price rises could be in store, analysts warn.

28 Mar 2011 - 12:00am

Clean and not heard

For those arriving in Geneva by air for the annual motor show this month, it was difficult to miss the Nissan LEAF. The 100 per cent electric car was stationed at a number of reception points for a 30-minute test drive, including one in Cointrin Airport. Electric vehicles starred at this year's motor show in the Swiss city.

26 Mar 2011 - 12:00am

Sleepwalking through a crisis

More than two weeks after a massive earthquake of 9 magnitude triggered a horrendous tsunami and crippling damage to a major nuclear plant, it is as if Japan is still sleeping through a raging nightmare.

26 Mar 2011 - 12:00am

Interesting times

For the past two years, mortgage interest rates have remained at ultra-low levels, but some analysts anticipate an upward trend later this year.

In fact, a few leading lenders have recently readjusted their mortgage rates, suggesting the interest rate cycle may have turned.

25 Mar 2011 - 12:00am

PCCW trust in 'early stages' as net earnings jump 28pc

PCCW management wants to unlock more value from the company through the proposed spin-off of its telecommunications operations and its separate listing as a business trust.

23 Mar 2011 - 12:00am

Hutchison Telecom to boost its network

Hutchison Telecommunications Hong Kong Holdings, lifted by its solid gains last year, plans to boost fixed-line network operations and launch fourth-generation mobile services later this year.

22 Mar 2011 - 12:00am

Henan Chuying to grow organic pork business

Mainland poultry and livestock firm Henan Chuying Agro-Pastoral plans to spend four billion yuan (HK$4.74 billion) to set up a 400,000-hectare organic pig farm in Henan province.

Expected to be completed in five years, the facility will include a pig-feed processing plant as well as pig farms and a pig processing plant. Approval has already been given for the development.

21 Mar 2011 - 12:00am