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Clarification by AmCham

Mar 4th, 2008
by AdminCTA.
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Updated on Mar 04, 2008 – SCMP

As a matter of clarification, Douglas Woodring’s letter (“Chance to cut tobacco sales squandered”, February 29), represents his own views and does not represent the positions or views of the American Chamber of Commerce, whose environment committee he chairs.

AmCham has taken no formal views of the new Hong Kong budget and issued no statements regarding its contents. Mr Woodring speaks as one of 2,000 members and 25 committee chairmen in AmCham, as is his right to do.

Richard R. Vuylsteke, president, the American Chamber of Commerce in Hong Kong

Kicking The Habit

Nov 21st, 2007
by AdminCTA.
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OBSERVER: Kicking The Habit

Financial Times – Published: Nov 21, 2007

Richemont’s plan to quit smoking came too late for one of its directors.

The Swiss luxury goods conglomerate this week announced it was considering divesting its stake in British American Tobacco, but not before the group’s ties to “Big Tobacco” proved too toxic for Anson Chan, the former chief secretary of Hong Kong who is running in a high-profile December election to become a legislator.

Chan, who was only elected to Richemont’s board this September, was questioned by local media about her corporate ties on the campaign trail.

Richemont announced her resignation last Wednesday, saying Chan thought being on the board would be incompatible with her role as a legislator – that is, if she wins.

No word yet on whether Chan, who was the only Asian and one of two women on the board, would return if Richemont manages to kick the habit.

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