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- Business, finance, etc.
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Samples in periodicals archive:
Secretary for Financial Services & the Treasury Prof KC Chan will visit Chicago and Washington, DC, April 9 to 12, to strengthen business ties with the US.
Ms Julia Leung, Under Secretary for Financial Services and the Treasury, is pleased to see the HKSI takes this initiative.
Secretary for Financial Services & the Treasury Professor KC Chan said the amendments seek to level the playing field for common types of Sukuk (Ijarah, Musharaka, Mudaraba and Murabaha) vis-a-vis their conventional counterparts in terms of profits tax, property tax and stamp duty liabilities.
These are: * Professor K C Chan, Secretary for Financial Services and the Treasury, Government of the Hong Kong SAR * Martin Wheatley, CEO, Securities and Futures Commission, Hong Kong * Eddie Yue, Deputy Chief Executive, Hong Kong Monetary Authority Following the announcement, Professor Chan, Secretary for Financial Services and the Treasury, Government of the Hong Kong SAR said, "This is an exciting time for Hong Kong.
Additionally cross border acquisitions by Chinese firms and portfolio investments by the Chinese are expected to surge in the coming months," Julia Leung, under secretary for financial services and the treasury of Hong Kong told Gulf News.
A statement by the Ministry of Finance in Beijing said bonds worth five billion yuan with maturities set at three, five and 10 years will be offered to institutional investors, according to Dow Jones Newswires, the city's Secretary for Financial Services and the Treasury, said the bond sale was "a further demonstration of the Central Government's support of the development of Hong Kong's bond market".
Roger Tam, a spokesman for Secretary for Financial Services (SFS) and the Treasury Ceajer Chan, has told Dow Jones Newswires that the move will boost the development of Islamic finance in Hong Kong.
Chan, the secretary for financial services and the Treasury, Hong Kong government, confirmed in his keynote speech at the inaugural Asia Sukuk Summit held a few days ago at the Treasury Markets Association organized in association with ICG Events, that the Hong Kong Administration "is putting in place tax neutrality measures to facilitate the development of Islamic finance.