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They will be implemented when the Motor Vehicles (First Registration Tax) (Amendment) Bill 2011 is gazetted on 17 June 2011.

Net profit per ton remains among the highest in China’s containerboard industry despite substantial increase in waste paper and coal prices.

SFC has accused Tiger Asia of insider dealing, but a judge said the case is beyond the High Court’s jurisdiction.

Potential buyers are said to be backing away thanks to the 12.5 percent tax.

The company is exploring not only Asia but businesses like clean fuels and vegetable oils.

The company was able to handle approximately 50,100 secondary property transactions and was able to achieve the largest market share in Guangzhou.

Macquarie Everbright Greater China Infrastructure Fund will continue to raise capital throughout 2011 and 2012 from international and domestic investors.

Thirty-three convictions were recorded last month for breaches of legislation enforced by the Environmental Protection Department.

PricewaterhouseCoopers, the Receivers of the Minibond collateral, announced the distribution of the underlying collateral for the Minibond series 10 to 12, 15 to 23 and 25 to 36 to nominal holders.

The Electrical and Mechanical Services Department extended the voluntary Energy Efficiency Labelling Scheme to cover LED lamps.

Share price closes at HK$1.14 per share on the first day of listing, approximately 3.6% above the offer price.

Prada SpA and its bankers said recent turmoil in world stock markets won't weaken their upcoming Hong Kong IPO.

The Director of Food and Environmental Hygiene has ordered a restaurant in Hung Hom to suspend business for 14 days. The restaurant operator, who repeatedly failed to store open food properly on the premises, was in breach of the Food Business Regulation.

Market sources say this is due to market volatility.

Three development projects will invite tenders within 2011.

Commissioner of Customs & Excise Richard Yuen today signed agreed minutes for closer co-operation with Korea Customs Service Commissioner Yoon Young-sun.