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  • September 22, 2014
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  1. Job losses in financial sector weigh down London prices

    Posted Mar 19th 2008, 12:00am by Richard Warren

    ... director of research at housing intelligence business, Hometrack, said the job cuts were probably already priced into the prime market. The mainstream property market would be affected if less well ... Richard Warren in London Shortage of homes will avert an all-out collapse in the City Job losses in London's financial services sector are driving down property prices, experts say. ...

  2. It's about more than housing allowances

    Posted Dec 16th 2003, 12:00am by Staff Reporter

    ... Why is it that the housing allowance for NETs (native English-speaking teachers) attracts so much attention when there are so many other inequities in the Hong Kong education system? There's the overseas education allowance for civil servants; the two pay scales for teachers hired before and after 2000; the huge gap between salaries of new teachers and those in the senior ...

  3. Drop in professionals' wages cushioned by deflation

    Posted Nov 08th 2003, 12:00am by Kelvin Chan

    ... Kelvin Chan The average wage for mid-level professionals fell in June compared with a year ago, as the labour market continued to slump, according to a government survey released yesterday. But an even faster drop in the June composite consumer price index (CPI) of 3.1 per cent cushioned the salary decline. The index of monthly salaries for mid-level managers ...

  4. Bus unions seek help in pay row

    Posted Jun 13th 2008, 12:00am by Agnes Lam

    ... the dispute. They submitted a letter outlining their demands to a representative of the Transport and Housing Bureau. New World First Bus and Citybus said they understood workers' concerns, but the company which owns both bus firms said it had been losing money in the past few months due to rising fuel prices. 'Operating costs go up by HK$5 million whenever the price of a barrel of oil ...

  5. Pilots haven't had a pay rise in 10 years, even as inflation bites

    Posted May 14th 2009, 12:00am by Staff Reporter

    ... cases the only adjustment to their salary over this period has been a pay cut. The average consumer price index rise over this period of about 4 per cent has seen the pay package of all Cathay pilots deteriorate significantly. Furthermore, changes made to the provident fund mean that many of Cathay's pilots feel they must take advantage of their housing allowance to pay off ...

  6. Exploitative firms to be barred from contracts

    Posted May 11th 2004, 12:00am by Patsy Moy

    ... said he believed the minimum wage requirement would increase the tendering prices to the housing department by about 5 per cent, or $15 million a year. 'But it is worth spending the extra ... exploited their employees, under a new demerit scheme to protect labour rights. Lau Kai-hung, deputy director of housing, said a point would be deducted for each breach of the code, ...

  7. The children's champion

    Posted Jul 23rd 2012, 12:00am

    ... of several safe houses for trafficked and sexually abused children in Cambodia in 2009. She has since helped put together a collection of victims' stories called For Their Tears I Died, ... spent time in the safe house and were then placed either with family members who would care for them or with families who volunteered to take them in. Enlund said these children now have ...

  8. Dragonair pilots eye work to rule

    Posted Jun 17th 2012, 12:00am

    ... their expatriate colleagues, largely because of housing and education allowances that can account for about 50 per cent of total expatriate packages. The DPA has long argued that after a certain period ... offers housing and education allowances as part of a total package that is equal for all new hires, but is about 40 per cent lower than the amount given to a serving expatriate pilot, according ...

  9. Bumpy tax landing for Cathay

    Posted Aug 12th 2012, 12:00am

    ... Britain's House of Lords upheld an appeal court decision allowing George Crofts, one of 51 pilots sacked by Cathay in 2001, to seek compensation for what he saw as unfair dismissal by Veta. ...

  10. Subcontractors take big bite of workers' pay

    Posted Apr 19th 2010, 12:00am by Tanna Chong

    ... whose daily wages were raised to HK$1,100 from HK$980 after negotiations with the chamber of commerce in January. The union noted the higher tender prices set by contractors this year ... been unemployed for at least a month. The interviewees work an average of 18 days per month. The union is urging the government to restart the building of public housing and Home Ownership ...




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