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  1. Chongqing launches huge public housing programme

    Posted Apr 07th 2010, 12:00am by Sandy Li

    ... mainlanders. The scheme has drawn mixed reactions, with some greeting it as a welcome attempt to make housing more affordable, while others are critical of the location of the projects and say ... affordable housing for low-income groups. The city aims to build 800,000 public rental housing units by 2020. Since February, seven developers have joined in to build 10,000 units on land obtained ...

  2. Rights issue targets China's 10m new homes

    Posted Mar 19th 2011, 12:00am by Toh Han Shih

    ... to build 10 million units of affordable housing,' the company said. In February, CSC signed a HK$2 billion affordable housing project in Chongqing municipality, wrote Leon Chik in a JP Morgan ... China's push to build affordable housing.' In the first two months of this year, CSC gained HK$6.47 billion of contracts, 3.5 times higher than the same period last year, wrote Fiona Wong ...

  3. Lydia Dunn gives up seat in House of Lords

    Posted Jul 09th 2010, 12:00am by Staff Reporter

    ... Staff Reporters Lydia Dunn (right) has stepped down from the House of Lords, reportedly to evade a new rule that would require her to pay full tax in Britain. Despite her resignation, she ... length of time in which to make transitional adjustments to my personal affairs, I would have wished to retain my seat.' Four other peers also quit the House, including architect Norman ...

  4. Ex-housing chief asked for vague job outline

    Posted May 10th 2009, 12:00am by Staff Reporter

    ... Fanny W. Y. Fung Former housing director Leung Chin-man suggested to his post- retirement employer New World China Land that it be vague in public about his job description to provide ... a subsidiary of New World Development, last year. In 2004, Mr Leung, as director of housing, was heavily criticised when the government sold Hunghom Peninsula, a never-occupied subsidised housing ...

  5. Probe sought over ex-housing chief

    Posted Sep 12th 2008, 12:00am by Staff Reporter

    ... investigation, the Democratic Party will raise the issue, using our special powers and procedures- an independent investigative committee.' In July it was revealed that former housing chief Mr Leung ...

  6. Ex-housing chief shocked officials didn't consider Hung Hom deal

    Posted Aug 16th 2008, 12:00am by Staff Reporter

    ... Cheung Chi-fai Former buildings and housing chief Leung Chin-man expressed shock early today that the government had not considered his role in the controversial sale of a Hung Hom housing ... doubts because his involvement in housing affairs for years and in particular the Hunghom Peninsula project. 'But I never favoured New World over the land premium issue. Since I am clean, ...

  7. Boost for housing project near reserve

    Posted Aug 09th 2008, 12:00am by Staff Reporter

    ... Cheung Chi-fai Property developer Cheung Kong has overcome another hurdle in realising its plans to build residential housing among fish ponds in Yuen Long, after the government allowed its environmental report to be put up for public comment yesterday. The Fung Lok Wai project seeks to develop only 5 per cent of an 80-hectare site near the Mai Po reserve. The remaining area ...

  8. HK$2.4m rent sees Episode fleeing Central

    Posted Feb 11th 2011, 12:00am by Peggy Sito, Peter So

    ... is believed by property consultants to be paying about HK$2.4 million a month. Episode owner Vincent Fang Kang said it was more than he could afford. MCM, owned by the Korean-based Sung Joo Group, ... the company could afford only HK$1.8 million a year. Fang said the shop, which has been open for more than 10 years, would close on Sunday. Helen Mak Hoi-lun, the director of retail services ...

  9. End of fare discounts to hit 500,000 bus passengers

    Posted Dec 11th 2008, 12:00am by Anita Lam

    ... Anita Lam Transport operators say concessions no longer affordable More than half a million bus passengers next year will pay fares up to five times higher than at present when bus companies cancel a range of special discounts. The companies say they can no longer afford the concessions- which include a HK$2 flat fare on Sundays and public holidays for elderly passengers ...

  10. Cathay pilots narrowly reject deal to cut housing allowances

    Posted Feb 29th 2004, 12:00am by Simon Parry

    ... Cathay Pacific pilots have thrown out a deal that would have seen housing allowances of up to $58,000 a month, given to expatriate staff, slashed by nearly 15 per cent. They voted narrowly ... a deal on housing allowances have been 'left on the table' while the two parties move on to discuss other issues, including rostering, according to a union source speaking yesterday. ...




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