Ma Kai

CIMB puts China at heart of growth push

Although Malaysian-based CIMB is looking northwards, it retains a strong network in regional markets, including Indonesia. Photo: AFP

Regional banking group CIMB, which acquired key Asian assets of Royal Bank of Scotland last year, is targeting China for rapid business expansion outside its home market in Malaysia.

Monday, 19 August, 2013, 8:18am

Who said it?

Chan Wai-keung

Mainland tourists like to tell their friends that they went shopping in Tsim Sha Tsui's Canton Road and not in Tung Chung

11 Mar 2013 - 3:16am

Number of ministries expected to be reduced, streamlined by State Council

Ma Kai

The curtain is likely to be drawn on several decades-old ministries and agencies, while others are expected to be streamlined when State Council secretary general Ma Kai submits proposals to restructure cabinet bodies to the annual meeting of the National People's Congress today.

10 Mar 2013 - 6:56am

Briefs, January 11, 2013

Fast-food chain KFC's parent Yum Brands apologised to customers over its handling of a recent food scare that has hit sales in its biggest market. "We regret shortcomings in our self-checking process, a lack of internal communication," Su Jingshi , chairman and chief executive of Yum China, wrote on the company's website. CCTV reported late last month that chicken supplied to KFC and McDonald's contained excess amounts of antiviral drugs and hormones.

11 Jan 2013 - 5:00am

Front runners emerge for vice-premier vacancies

Liu Yandong

Guangdong party secretary Wang Yang, State Councillor Liu Yandong and State Council secretary general Ma Kai are front runners to fill the vice-premiership vacancies to be left by Zhang Dejiang, Hui Liangyu and Wang Qishan in March.

16 Nov 2012 - 5:13am

Trade failing to fit surplus requirements

'He [National Development and Reform Commission chairman Ma Kai] said the country's trade surplus was likely to last for some time.'

SCMP, March 7, 2008

10 Mar 2008 - 12:00am

Government is confident inflation target can be met

Officials outline steps to rein in food prices, boost output

Inflationary pressure from food price rises was growing but the government was confident the increase in the consumer price index this year would be close to its 4.8 per cent target, the chief economic planner said yesterday.

7 Mar 2008 - 12:00am

Ma Kai: Technocrat in reformer's hot seat

There is still a lingering question about whether Ma Kai has fallen short of expectations in his last four years as minister in charge of the National Reform and Development Commission, but it does not seem to have held the technocrat back.

23 Oct 2007 - 12:00am

Monetary strategy under review as investments threaten to rebound

The mainland faces the risk of a rebound in fixed-asset investment as local governments continue to push spending on pet projects, said the chief of the country's top economic planning agency.

5 Apr 2007 - 12:00am

Top planner issues alert on soaring growth rate

The mainland's top economic planner warned yesterday that the economy could not sustain its soaring growth under the existing development model.

8 Mar 2007 - 12:00am

Consumers must spend, not save, forum is told

Home-grown boost to economy now essential, say experts

Beijing needs to strengthen its education, medical, pension and other social welfare systems to encourage people to spend instead of focusing on saving for the future, the nation's top economic planner said yesterday.

20 Mar 2006 - 12:00am

Warning on rapid growth of investment

Top planner says construction must be cut back and overcapacity checked

Beijing must act to check fixed-asset investment growth because the economy is faced with a potential rebound in investments and lingering concerns about overcapacity in some sectors, the nation's top economic planner has warned.

3 Mar 2006 - 12:00am

Speedometer useless when driving blind

'We will not use ... measures such as cutting or braking. We will properly calibrate our speed'

Ma Kai

State Development and Reform Commission

HOW WONDERFUL IT would be if an economy could be steered, speeded up and slowed down just as easily as a car. The authorities in Beijing certainly give the impression that they think it can be.

10 Mar 2004 - 12:00am