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Its Hong Kong–based distribution business, Sims Trading, was sold to CITIC Pacific. In June 2002, the 61-store Woolworths chain in New Zealand acquired in 1990, was sold for US$337 million. In 2004, the Group's Hong Kong ice manufacturing business which began in 1918 was sold for US$107 million.
Salaries tax is imposed on any office, employment and pension sourced in Hong Kong. [1] Office basically refers to the holding of office as a director or company secretary of the company resident in Hong Kong. Director's fee is fully taxable in Hong Kong irrespective where the director rendered services in Hong Kong or not. [2]
Sonia Cheng Chi-Man (traditional Chinese: 鄭志雯; simplified Chinese: 郑志雯) is a Hong Kong business executive. She is the CEO of Rosewood Hotel Group and the executive director of the New World Development. [1] She is also the vice-chairman of Chow Tai Fook Jewellery Group. [2]
By the late 1990s, only 29% of Hong Kong's three-million workforce was covered by formal retirement provisions, Hong Kong's social security system is faced with the demographic challenge of a growing number of elderly people in the future. [1]
Hong Kong has an area of 1,106 square kilometres and a population of about 7,413,070 {2021 Hong Kong Census}. [1] Despite its small size, Hong Kong is currently ranked the 15th largest exporting country in the world as of 2008. [2] The total value of visible trade amounted to $3,548.2 billion in 2003, and exports totalled $362.1Bn in 2008.
PayMe was introduced as a standalone mobile app, offering P2P social payment. [16] Users register via a Facebook account or Hong Kong mobile phone number and authorise access to a credit card or local bank account (not necessarily an HSBC account), from which the balance can be topped up, and a bank account to receive money.
Leung was born at Queen Mary Hospital, the teaching hospital of University of Hong Kong, in Pok Fu Lam, Hong Kong on 12 August 1954 to Leung Zung-Jan and Kong Sau-Zi of Shandong origin. His father was a Hong Kong police officer who had stationed at the Government House .
The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.