Business

Tycoon stands out, urging HOS flats be resumed

Colleen Lee The Standard 08.03.2010
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New World Development managing director Henry Cheng Kar-shun has bucked the standard refrain of property developers and urged the government to resume building Home Ownership Scheme flats.

Through the roof

Derek Yiu The Standard 23.02.2010
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Flat sellers in Tseung Kwan O moved quickly yesterday to hike their prices after the auction of a plot in the district fetched a staggering HK$3.37 billion.


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Tokyo has no plans yet to expand a scheme which allows Hong Kong youngsters to work in Japan for a year.

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About 21,000 establishments from various sectors have been selected to provide up-to-date statistical data to evaluate their contribution to Hong Kong's Gross Domestic Product and ascertain their cost structure, operating characteristics and outpu...


Hand back those billions to taxpayers

Diana Lee The Standard 23.02.2010
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That's the call from a top accountants' group - which has forecast a deficit of just HK$3.99 billion in government coffers - ahead of tomorrow's budget speech

HK race for Lufthansa as pilots strike

Mary Ann Benitez and agencies The Standard 23.02.2010
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Lufthansa pilots scared of losing their jobs began a crippling four-day strike yesterday, as the German flag carrier filed for legal action against the walkout.


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Two-hundred-and-seventy Toyota Prius cars are to be recalled in Hong Kong - as part of a worldwide recall of over 400,000 vehicles - because of a braking problem.

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The Financial Services & The Treasury Bureau has launched another public consultation, this one on its proposals to establish an Investor Education Council and a Financial Dispute Resolution Centre.


Hang Seng sees high inflation, low growth

MandyLo The Standard 09.02.2010
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Hong Kong may face low economic growth and high inflation this year, Hang Seng Bank (0011) economists have predicted.

Richer and richer

Derek Yiu The Standard 05.02.2010
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Hong Kong's billionaires' club boasted a combined fortune of US$135 billion (HK$1.05 trillion) last year after adding US$53 billion to their wallets, according to Forbes Asia magazine.


Safe buildings main concern, says sad Lam

ColleenLee The Standard 05.02.2010
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A top official has made an emotional call for the government to be more united and show greater determination in ensuring the safety of old buildings in the wake of the deadly tenement collapse in To Kwa Wan.

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The Buildings Department is beginning to send out 40 teams to inspect some 4,000 old buildings in Hong Kong.


Get me out of here!

Colleen Lee The Standard 01.02.2010
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A man living in a building next to the one that collapsed in To Kwa Wan was last night begging to be moved out, fearing he will die like some of his neighbors did on Friday.

Railway face-off turns into numbers game

Colleen Lee The Standard 01.02.2010
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When it comes to figures, opponents of the express rail link to Guangzhou claim the transport chief simply can't add up.


Sounds sweet

Scarlett Chiang The Standard 29.01.2010
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A selection of sweeteners for a broad range of people are on the cards when Financial Secretary John Tsang Chun- wah reveals the budget next month.

Big Larry beats small guys

Sophie He and agencies The Standard 26.01.2010
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Former CITIC Pacific boss Larry Yung Chi-kin emerged victorious yesterday after three minority shareholders suing him said they will discontinue their action.


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Former ATV chief executive Feng Xiaoping was yesterday ordered by the High Court to pay debts of HK$300 million to Bank of China and to surrender properties he used as guarantees for loans.

Hong Kongers protest high-speed rail link to China

MIN LEE The Washington Post 15.01.2010
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HONG KONG -- With Hong Kong's leader selected by pro-China figures and its legislature likewise dominated by allies, Beijing is used to key government proposals sailing through in the semiautonomous financial hub.


Fixed on home rates

Alfred Liu The Standard 22.10.2009
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Flat buyers can look forward to cheaper mortgages after the Hong Kong Mortgage Corp said it will offer loans at rates as low as 1.25 percent with repayment periods ranging from one to 10 years.

Raising the roof over developer's tall story

Patsy Moy and Derek Yiu The Standard 22.10.2009
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The developer of the luxury high-rise at 39 Conduit Road, which includes the world's most expensive apartment, is embroiled in another numbers game.



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