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  • MTR surcharge to cease in 14

    A 10-cent surcharge the MTR Corporation Limited collects for each rail journey taken using an Octopus card to cover the cost of installing platform safety equipment is expected to stop next year, Secretary for Transport & Housing Prof Anthony Cheung says.In reply to a lawmaker's query, Prof Cheung said platform screen doors or automatic platform gates can ensure passengers' safety ...

  • Stricter rules set for beauty clinics Health chief

    The regulatory framework of high-risk medical procedures needs to be reviewed, to better protect public health, Secretary for Food & Health Dr Ko Wing-man says.In response to a question in the Legislative Council today, Dr Ko said the Department of Health has worked with Customs officers and the Consumer Council since October 2012 to screen beauty service advertisements and exchange ...

  • 4 arrested in illicit cigarette haul

    Customs officers have arrested four men after seizing 120,000 illicit cigarettes in Yuen Long worth $300,000, and with a duty potential of $200,000.Officers raided a storehouse on Tai Shu Ha Road West today and found the cigarettes.The arrested men are aged 30 to ...

  • Interest rate rises to 0.26

    The composite interest rate increased by one basis point to 0.26% at the end of May, from 0.25% at the end of April.The Monetary Authority said the rise reflected increases in the weighted funding cost for both deposits and interbank funds.The composite interest rate is a measure of the average cost of funds of banks.Data from retail banks, which account for about 90% of the total ...

  • 2022 labour forecast underway

    The Government is conducting a new round of the Manpower Projection exercise using 2012 as the base year for forecasting labour supply and requirements up to 2022, Secretary for Labour & Welfare Matthew Cheung says.Its findings will be released by the first quarter of next year.Mr Cheung told lawmakers today the projection to 2018 published last year foresees a slight shortfall in the ...


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Last Updated on June 19, 5:30 PM CST
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Movie Review

Boiler Room [DVD]

Boiler Room [DVD]

Ben Younger's "Boiler Room" is about a small-time crook who tries to go legit, but ends up unwittingly becoming a big-time crook. It's a capitalistic cautionary tale about the dangers of the new American Dream in the era of "Who Wants to Be A Millionare" and Internet stocks going through the roof overnight: trying to get too rich too quick. ...

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  • CE meets Hunan Governor

    Chief Executive CY Leung met Hunan Governor Du Jiahao at Government House today.Mr Du is in town to attend the Hunan (Hong Kong) Investment & Trade Promotion Week.Mr Leung told him Hong Kong has a large pool of talent and rich management experience in the financial and service sectors, and can help Hunan attract investors.He said economic ties between Hong Kong and the province have grown ...

  • Welfare cases fall 0.3

    The Overall Comprehensive Social Security Assistance caseload stood at 266,510 in May, with a total of 412,220 recipients, the Social Welfare Department announced today.Compared to April, there was a reduction of 696 cases, or a drop of 0.3%.Low earnings and unemployment cases registered month-to-month decreases of 1.3% and 0.9% to 9,724 and 22,925 cases.Single parent and old age cases both ...

  • DHL Express Hong Kong Celebrates its Industry-leading Customer Service with Five Customer Relationship Excellence ...

    HONG KONG, June 19, 2013 /PRNewswire/ -- DHL Express, the world's leading international express services provider, has once again been recognized at the 2012/13 Customer Relationship Excellence Awards (CRE Awards), winning a total of five categories for its Hong Kong office including Customer Service Contact Center of the Year (Logistics -- Under 300 seats) and Global Support Service of the ...

  • Hang Seng Shanghai end lower

    (1 hr 3 mins ago) Hong Kong stocks finished 1.13 percent lower on Wednesday, hit by reports that property tax trials will be launched in China this year in a bid to cap soaring prices. The benchmark Hang Seng Index ended down 238.99 points at 20,986.89 on turnover of HK$61.88 billion, AFP reports. Chinese stocks closed down 0.73 percent. The benchmark Shanghai Composite Index fell 15.84 ...

  • Shanghai shares hit 6-mth low as easing hopes dashed Hong Kong suffers too

    Wed Jun 19, 2013 4:53am EDT * Indexes: HSI -1.1 pct, H-shares -1.5 pct, CSI300 -0.7 pct * Reported IPO resumption, property tax expansion hit A-shares * Defensives slide in HK as investors await Fed outcome * Mengniu spikes after $1.6 bln Yashili takeover offer By Clement Tan HONG KONG, June 19 (Reuters) - Shanghai shares closed at their lowest since mid-December, exerting pressure on Hong Kong ...

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