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  • November 29, 2014
  • Last updated: 4:33pm
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Results 1 - 10 of 10 for debt

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  1. News - Hong Kong - LABOUR

    How one of Hong Kong's first maids from Myanmar won over jaded employer

    Posted Mar 07th 2014, 03:15am by Phila Siu

    ... others and got me in trouble," Lee, 60, said. "I still get calls from strangers every now and then, demanding that I pay off the debts that my previous maids owe them." But Lee ... of them. Like the rest of her compatriots who came to the city to work as maids, Thida Soe is excited to be here- even though she is saddled with a HK$16,000 debt to a job agency in her home ...

  2. News - Hong Kong - LABOUR

    Pictures: First domestic workers from Myanmar arrive in Hong Kong amid concerns of abuse

    Posted Feb 24th 2014, 10:09am

    ... of high hopes The first group of maids hired from Myanmar arrived in Hong Kong yesterday, pronouncing themselves happy and excited to be in the city but saddled with a HK$16,000 agency debt ... Mine's Hong Kong partner, Golden Mind Employment Agency, said the maids would pay the Myanmar company HK$2,000 a month. This meant the debt could be paid off within a year. Asked if she had read ...

  3. News - Asia - LABOUR

    Singapore repatriation firms' tactics under workers' rights microscope

    Posted Feb 17th 2014, 05:02am by AP

    ... face threats to leave Bapari Jakir's employers wanted to see him off the job, but the welder was heavily in debt and didn't want to go back to Bangladesh. So, he claims, ... the bond should he run away or disappear. Jakir is now living at a friend's house while his case is appealed. He wants to keep on working in the country to pay back the S$9,000 debt he took ...

  4. News - China - LABOUR

    China will 'inevitably' raise retirement age, says labour ministry

    Posted Jan 25th 2014, 03:48am by MANDY ZUO

    ... The worst offenders were Jilin and Heilongjiang provinces, each more than 20 billion yuan (HK$25 billion) in debt. Not everyone agrees with raising the retirement age. "Where can a person aged ...

  5. Business - Companies - LABOUR

    Britain in 'zero hours' contract boom

    Posted Jul 13th 2013, 12:00am by Reuters

    ... "I don't earn enough, and since I've been doing zero-hours contracts I've been getting more and more in debt." Some weeks he works eight hours, others more than 40, ...

  6. Business - Banking & Finance - LABOUR

    British banks cut 189,000 jobs, take staff numbers to nine-year low

    Posted May 29th 2013, 12:00am by Bloomberg

    ... investors to reduce fixed costs as Europe's sovereign debt crisis crimps income from investment banking and as loans sour in the region. The four firms posted £108 billion (HK$1.3 trillion) ...

  7. Business - Companies - LABOUR

    Sharp up on news 5,000 more staff to go

    Posted May 11th 2013, 12:00am by Bloomberg

    ... as the company tries to restructure its unprofitable liquid- crystal-display business before deadlines to repay debt this year. The company, which has sold stakes to Samsung Electronics and Qualcomm, has ...

  8. Business - Banking & Finance - LABOUR

    Dealmakers return to face job nightmare as market outlook worsens

    Posted Sep 07th 2012, 12:00am by George Chen

    ... window for big initial public share offerings has closed for the year. Meanwhile, many capital-hungry Chinese enterprises have turned to the debt markets, easing the employment fears of those ...

  9. Business - Companies - LABOUR

    Nomura forced to sack HK staff as prospects dim

    Posted Sep 13th 2012, 12:00am by Jeanny Yu, George Chen

    ... than 30 per cent. While Hong Kong appears to have weathered the downturn caused by the euro-zone sovereign debt crisis better than Europe and the US, the region is starting to feel the pinch, ...

  10. Business - Banking & Finance - LABOUR

    Dealmakers return to face job nightmare

    Posted Sep 07th 2012, 12:00am by GEORGE CHEN; JEANNY YU

    ... state-controlled bank and is already listed in Shanghai. In contrast, many capital-hungry Chinese enterprises have turned to the debt markets as an alternative in raising funds, easing the employment fears ...



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