Our editors will be looking ahead today to these developing stories ...
Cathay boss to press for a third runway
Cathay Pacific chief executive John Slosar puts the case for a third runway. More than 50 million passengers arrived or departed last year through Chek Lap Kok but the airport is rapidly becoming saturated and Cathay says Hong Kong must continue with expansion plans for a third runway to ensure success for North Asian carriers, which face stiff competition from the aggressive state-backed growth of Gulf Arab carriers.
Legco on alert for protesting villagers
Thousands of villagers from the New Territories are expected to stage a protest outside the Legislative Council as its development panel discusses a proposal to crack down on illegal structures. The Heung Yee Kuk, the rural affairs body that is mobilising the villagers, is demanding the government exempt from the crackdown thousands of village houses on old leases that do not contain a height restriction. The government says many houses have more than three storeys and these illegal extensions will have to be demolished under the new policy.
Lagarde poised to become next IMF chief
The International Monetary Fund executive board will meet to discuss the strengths of the two candidates for managing director, with the aim of completing its selection by Thursday. French Finance Minister Christine Lagarde appears poised to become the head despite a strong challenge to Europe's traditional hold on the job by Mexico's central bank governor, Agustin Carstens.