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  • September 22, 2014
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  1. PCCW contractors set for half-day strike against cuts in wages

    Posted Feb 10th 2009, 12:00am by Agnes Lam

    ... Agnes Lam PCCW contract staff will stage a half-day strike that could disrupt repair and maintenance services today, while a meeting yesterday failed to ease tension between the telecommunications giant and its full-time employees. About 300 PCCW contract staff will strike for half a day to protest against PCCW's decision to cut contractors' budgets by 10 per cent. Hong ...

  2. Central office rents to fall by half, says Merrill

    Posted Oct 30th 2008, 12:00am by Yvonne Liu

    ... Yvonne Liu Cost of grade-A space forecast to drop 50pc from peak by 2010 The global financial crisis will lead to office rents in Central falling by 50 per cent by 2010 from a peak of HK$116 per sq ft in the third quarter, Merrill Lynch says. The financia ...

  3. Noble earnings rise 22pc after first-half challenges

    Posted Aug 19th 2003, 12:00am by Annette Chiu

    ... per share rose a comparative 16 per cent to 4.47 US cents. Chief executive Richard Elman said the operating environment was tough in the first half, with the Iraq war and Sars outbreak. He ... 'The world environment is tough. We have to be very careful, and to be very dedicated in focusing on growing the business.' Noble Group will focus in the second half on the last phase ...

  4. Socam rides out tough first half on capital gains

    Posted Dec 17th 2004, 12:00am by Staff Reporter

    ... Kelvin Wong One-off gains see profits surge despite HK construction material unit losses Capital gains from the injection of its Rainbow City interest into a sister company and its two venture capital funds helped Shui On Construction and Materials (Socam) survive 'an extremely tough' business environment in the first half. The company yesterday posted a sharp rise ...

  5. Balance tilts towards employees

    Posted Mar 15th 2011, 12:00am by Staff Reporter

    ... The improvement in Hong Kong's economic climate means employees have started their merry-go-round seeking new job opportunities and better remuneration. According to a Robert Half Workplace Survey, 94 per cent of employers in Hong Kong are concerned about losing top performers following the payout of bonuses in the first half of the year. This percentage is well above ...

  6. Genting HK swings to profit as casino business picks up

    Posted Aug 31st 2010, 12:00am by Staff Reporter

    ... of US$11.32 million in the first half compared with a loss of US$35.26 million a year earlier. Sales, mainly gaming revenues from onboard casino operations, rose a modest 5.1 per cent to US$184.74 ... investment, Resorts World Manila, a 50-50 joint venture with Philippines-listed Alliance Global Group. Genting Hong Kong in 2008 agreed to pay US$335 million for a half-stake in the venture. ...

  7. CRE budgets HK$2b for retail expansion

    Posted Sep 04th 2009, 12:00am by Eric Ng

    ... expansion with a target to open more than 100 convenience stores and supermarkets this second half. Managing director Chen Lang said the firm planned to step up expansion as the management believed mainland store and supermarket sales would resume growth. The number of net openings- store openings minus closures- of CRE convenience stores was 71 in the first half, down from 127 ...

  8. Membership disappointed over delays to scheme

    Posted Jan 18th 2011, 12:00am by Staff Reporter

    ... and want to exercise their rights upon that launch. The survey also reveals that half of those interviewed are not clear about the details of the MPF preserved account in their name, and half ... accounts in their name; but only 70 per cent knew which MPF service provider was handling their preserved accounts. This suggests that only half of the respondents were clear about the most ...

  9. BA eyes deal for Japan Airlines

    Posted Mar 18th 2011, 12:00am by Anita Lam

    ... with the latter were still at an early stage. BA invested GBP100 million last year in renovating its first-class cabins. About half of its fleet will be fitted with the new cabins by the end ...

  10. Unions push for bigger pay rises

    Posted Nov 01st 2010, 12:00am by Anita Lam

    ... of the most profitable companies in the first half, according to the CTU study. Earnings at New World Development, Sun Hung Kai Properties, Hang Lung Properties and Swire Pacific doubled or tripled in the first six months, the CTU said. But Cathay posted profit of HK$70 billion in the first half - more than six times the HK$921 million it made in the same period last year. 'It's all ...




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