Offshore Financial Centre | South China Morning Post
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  • Jan 31, 2015
  • Updated: 2:14am

Offshore Financial Centre

Group finds offshore money of Malaysian politicians

Aziz Yusof, chairman of Malaysia's Election Commission. Photo: Xinhua

Malaysian politicians and their relatives have parked their wealth in offshore companies, while some of Indonesia's richest families have shifted money to these offshore havens, according to the latest findings of the International Consortium of Investigative Journalists (ICIJ).

Thursday, 11 April, 2013, 5:07am

HK gaining favour as place to start up

Hong Kong and Singapore are catching up with the British Virgin Islands and Cayman Islands as the preferred places for companies to register, a survey has found.

Offshore Incorporations Ltd (OIL), which sells offshore shell companies, said more multinationals would set up in Hong Kong and Singapore in the next five to 10 years.

8 Dec 2011 - 12:00am

Law change delay costs HK millions

Delays in modernising Hong Kong's trust ordinance could be losing the city millions of dollars in professional fees and services, according to the Hong Kong Trustees' Association.

'The delay is very concerning because we are losing a lot of business to Singapore and Malaysia at a time when we should be attracting business,' says association chairman Carolyn Butler.

23 Oct 2011 - 12:00am

Popping the truly big question after they say yes

Getting married is, or should be, one of the happiest days of anyone's life. But it is a sad fact of life that many marriages end in divorce. Frequently the divorce process involves an acrimonious split of assets, which leaves neither party happy and lawyers much enriched.

9 Aug 2009 - 12:00am

Investors put their cash in choice spots

MORE than 40 offshore centres around the world competing for business are spoiling investors for choice.

The leading centres, such as Jersey, Guernsey, the Isle of Man, the British Virgin Islands, the Bahamas, Bermuda, Cyprus, Cook Islands, Lichtenstein and Switzerland, offer a wide range of services.

12 Sep 1993 - 12:00am