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  • October 2, 2014
  • Last updated: 10:34pm
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  1. Flight from Central a bonus in space, cash

    Posted Jan 24th 2011, 12:00am by Enoch Yiu

    ... Enoch Yiu Continuing the exodus of businesses from expensive office spaces in Central, Manulife (International) has moved from Causeway Bay to Kwun Tong to cut costs and find more space for its staff of more than 3,000 employees and agents. Its Causeway B ...

  2. Henderson's 1,300 staff promised pay rises, bonuses- and no layoffs

    Posted Dec 07th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Henderson Land Development chairman Lee Shau-kee said his company would not shed jobs and his staff would get pay rises and bonuses despite the financial turmoil. The company, ... Buffett' for his lucrative stock picks. Henderson's 1,300 staff in Hong Kong would also get a bonus, as they have for several years. Mr Lee's assurance comes after conglomerate the Swire ...

  3. Hutchison paying healthy bonuses

    Posted Dec 27th 2003, 12:00am by Ben Kwok

    ... Ben Kwok The group's strong operating performance, despite 3G woes, means some managers will get three to six months salary Hutchison Whampoa has awarded managers bonuses of up to six ... Kong firms have struggled to reduce staff costs this year with many imposing across the board pay freezes. Hang Lung Properties and Sun Hung Kai Properties stuck with traditional 13-month bonus ...

  4. Mainland brokers taste the rewards of success

    Posted Feb 13th 2010, 12:00am by Staff Reporter

    ... provide some clues. On the eve of the Year of Tiger, the securities arm of Bank of China declared a HK$900 million bonus pool for its 1,000-strong staff. The top performers will get a bonus equal ... jump of more than nine times. Plus it is an all-cash payment, while its peers are paying cash plus equities. And the bonus pool was already trimmed for political reasons. Behind the handsome ...

  5. Sinopec pays the price for a lack of frankness with market

    Posted Sep 03rd 2003, 12:00am by Eric Ng

    ... The company's shares tumble after analysts are caught off guard by employee bonuses The market does not like surprises, unless they are on the upside. On Monday, Sinopec caught ... paid 1.2 billion yuan (HK$1.12 billion) in bonuses to its employees, although it had given no hint before the results announcement that it would do so. Analysts were also shocked to learn ...

  6. HSBC cuts profitability target; shares plunge

    Posted Mar 01st 2011, 12:00am by Naomi Rovnick

    ... a new tax the British government plans to levy on bank bonuses. The shares had plunged 5 per cent to 674.2 pence by mid-afternoon in trading in London. HSBC earned money in all its major markets ... in January, pocketed US$9.53 billion in pay and bonuses last year, making him the bank's highest paid director. He earned US$15.327 million in 2009. HSBC's costs rose to 55 per cent ...

  7. Small restaurants next in line for Macau giveaway

    Posted Jul 11th 2008, 12:00am by Fox Yi Hu

    ... Fox Yi Hu The cash-rich Macau government is planning another big giveaway- after a 2.6 billion pataca bonus scheme for all residents- to support 100 small yet well-known restaurants in the former Portuguese enclave. Each selected eatery will enjoy a one-off bonus of up to 200,000 patacas under the programme, which is intended to boost the city's non-gaming allure and help out ...

  8. Staff at big firms can expect pay increases

    Posted Dec 09th 2009, 12:00am by Dennis Eng

    ... its annual one-month bonus by half. The reduced bonus will not be less than HK$8,000. The union representing Cathay's flight attendants expressed disappointment at the move. Cathay's ... hiring managers believed their companies would pay a bonus for this year and increase wages next year. Just under half of the respondents said the average pay increase would be 1 per cent ...

  9. Hang Lung Group chairman says no job losses, considers pay cuts

    Posted Nov 26th 2008, 12:00am by Joyce Man

    ... was poor, we cut [salaries]. When times are bad, cutting salaries - I think that's very reasonable,' he said. The group will decide later whether to give out bonuses. With no debts and up to HK$6 billion in reserves, the company was in good stead, Mr Chan said, and planned to start projects on the mainland next year. Last week, Cathay Pacific slashed bonuses, usually a month's ...

  10. Security guards abandon strike after four hours

    Posted Apr 10th 2010, 12:00am by Martin Wong

    ... industrial action. Four hours after the strike began, the two sides reached an initial agreement. 'Instead of offering a 5 per cent salary increase, the company promised to offer a one-off bonus and resume the automatic salary increment,' Yeung said, adding that the firm did not say how much the bonus would be or when it would be paid. 'They said they needed some time to work out ...




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