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Issue: June 05, 2008 (Archive)

Monday, May 20, 2013

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Visa waivers to boost Guangzhou air travel
Guangzhou's aviation industry is likely to gain ground on Hong Kong as transit flyers can soon land in the Guangdong capital for three days without a visa.

HSBC plans more job cuts
HSBC (0005) announced it will shed another 14,000 jobs over the next three years and make US$2 billion (HK$15.6) to US$3 billion in extra savings as it struggles to tap growth amid the pale economic outlook for developed markets.

Taipei toughens up
Taiwan yesterday slapped sanctions on the Philippines, including a ban on the hiring of new workers, rejecting an apology by President Benigno Aquino for the killing of a Taiwanese fisherman.

'Disappointing' pay rise on cards
Civil servants reacted with dismay when told they can only expect salary rises of between 2.55 and 3.92 percent based on pay trend survey findings.

ICAC probes its ex-boss
Graft fighters are investigating their old boss for misconduct in public office and violation of anti-bribery laws.

Four suffer slashes after cutter attacks
Four people suffered slash wounds yesterday after they were allegedly attacked by a middle-aged man using a box cutter in Sau Mau Ping.

Green group backs out of flats project
Cheung Kong Holdings (0001) faces a second setback in two days as its conservation partner, the World Wide Fund for Nature Hong Kong, announced a surprise withdrawal from a ecologically sensitive project in Fung Lok Wai, Yuen Long.

Giants take new swing at eyesore boatyard
An industrial boatyard in Ap Lei Chau, located next to a luxury residential project, may be converted into a mixed-development facility that features a yacht center.

Tate's Cairn tunnel tolls up
Motorists will have to pay HK$2 more per trip for using Tate's Cairn Tunnel from August 1.

Horizon sales lapse
In a startling about-face, Cheung Kong Holdings (0001) has revoked the sale of all 360 rooms at its controversial Apex Horizon Hotel project and said it will reimburse the deposits.

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