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Innovation, not low costs, will energise Hong Kong stock market, finance chief says in defending tax increase
Paul Chan doubles down on commitment to raising the stamp duty on stock transactions to 0.13 per cent on August 1, in spite of objections from the industry‘We are not in a race to compete on low costs, instead, we need to come up with innovative policies,’ he says
Hong Kong elections to go ahead on schedule, says Finance Chief as more cases are reported at restaurant cluster
Hong Kong plans to hold Legislative Council elections on Sept 5 as scheduled, Secretary for Constitutional and Mainland Affairs Erick Tsang said on Saturday in an interview with a local radio station.
GameStop CFO set to leave with US$30mil package
NEW YORK: Jim Bell, the GameStop Corp finance chief who is being pushed out after less than two years on the job, won’t be leaving empty-handed.
Insight - Saudi Arabia eyes Dubai’s crown with HQ ultimatum
SAUDI Arabia has raised the stakes in a competition with freewheeling Dubai for foreign talent and cash.
Food prices on the rise
CHICAGO: Kraft Heinz Co and Conagra Brands Inc said they may choose to raise prices this year on some products that use wheat, sugar and other commodities that are becoming increasingly expensive due to high demand.
Analysis: Saudi Arabia eyes Dubai's crown with HQ ultimatum
DUBAI (Reuters) - Saudi Arabia has raised the stakes in a competition with freewheeling Dubai for foreign talent and cash.
Hong Kong finance chief warns of jobless rate spike as epidemic continues
HONG KONG, Jan. 17 (Xinhua): Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said here on Sunday that the jobless rate in Hong Kong will climb further as businesses and workers are still struggling amid the Covid-19 epidemic.
HK finance chief sees mainland as backing for island's economy
HONG KONG (China Daily/ANN): Paul Chan, financial secretary of the Hong Kong Special Administrative Region (HKSAR) government, said Wednesday (Jan 13) that the Chinese mainland will continue to be the strongest support for Hong Kong's economy.
Intel taps VMware's Pat Gelsinger as CEO, to replace Bob Swan
(Reuters) - Chipmaker Intel Corp said on Wednesday it would replace Chief Executive Officer Bob Swan with VMware Inc CEO Pat Gelsinger beginning Feb. 15.
With businesses hammered by social-distancing measures, Hong Kong unemployment rate to rise again: government economist
HONG KONG, Jan 9 (SCMP): But while further Covid-19 relief measures can be expected in next month’s budget address, they will be of the targeted variety, says Andrew AuHopes for recovery in 2021, meanwhile, hinge on global vaccinations and the city’s ability to piggyback on mainland China growth, webinar hears
