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  1. College canteens get subsidies

    Posted Dec 31st 2007, 12:00am by Klaudia Lee

    ... Klaudia Lee A total of 50.76 million yuan has been allocated to subsidise college canteens to ensure food price stability ahead of the winter break next month, the Ministry of Finance announced. Students have been hit by a rapid increase in prices at canteens caused by soaring prices of meat, energy and water on the mainland this year. In September, over 18,000 students ...

  2. Top official jailed in another blow to pharmaceutical industry

    Posted Jan 01st 2008, 12:00am by Klaudia Lee

    ... Klaudia Lee A former top pharmaceutical official has been jailed for seven years for taking 160,000 yuan in bribes in the latest case to rattle the mainland's scandal-plagued drug industry. Liu Yongjiu , former deputy secretary general of the Chinese Pharmaceutical Association, was sentenced by the Xicheng District People's Court on Sunday for taking bribes from ...

  3. Land can still be seized, says legal expert

    Posted Dec 28th 2007, 12:00am by Klaudia Lee

    ... Klaudia Lee Authorities can still forcefully acquire land from residents in the name of public interest under the new Property Law, which enshrined private ownership in the mainland's civil code in October, a legal expert said yesterday. Hopes had been expressed that the law would offer better protection to citizens affected by sprawling urban development. But a Shenzhen law ...

  4. Conservation measures to lead attack on power usage

    Posted Dec 27th 2007, 12:00am by Klaudia Lee

    ... Klaudia Lee Beijing targets energy-intensive industries, coal pollution The mainland pledged to enhance its much-criticised energy efficiency by putting forward various conservation initiatives in its first white paper on energy published yesterday. The document also outlined measures to fight pollution, especially that caused by the production and consumption of coal - the main ...

  5. Means test may be used for all old-age grants

    Posted Dec 24th 2007, 12:00am by Ella Lee

    ... Ella Lee A means test may be introduced for all old-age allowance recipients under a government review of the scheme, according to a senior government source. The source said the government was estimating the burden of the so-called 'fruit money' on future public finances amid Hong Kong's rapidly ageing population. All Hong Kong residents aged 70 or above ...

  6. Occupational hazards of bank work revealed

    Posted Nov 26th 2007, 12:00am by Sherry Lee

    ... Sherry Lee Fortunes may be at their fingertips, but Hong Kong banks' clerical staff suffer from poor health because of the strains of the job, according to a survey. It found bank ... interviewed said they had suffered body pain in the past year, mostly in the neck, shoulders, upper back and wrist. Forty per cent said they worked more than 10 hours a day. Association chairwoman Lee ...

  7. Taking Risks

    Posted Nov 23rd 2007, 12:00am by Amanda Lee

    ... Amanda Lee HSBC survey shows investors have an appetite for higher returns More investors in Hong Kong use a 'high risk, high return' approach to their portfolios, according ... hoped for a return of somewhere between 21 per cent and 30 per cent. HSBC's head of wealth management, personal financial services Bruno Lee Kam-wing was not surprised by the increase ...

  8. Beijing 'concerned' about reserves

    Posted Nov 20th 2007, 12:00am by Klaudia Lee

    ... Klaudia Lee Wen says there is pressure to prevent erosion of mainland's coffers Premier Wen Jiabao admitted yesterday that Beijing was concerned about maintaining the value of its ... and that the nation had to integrate itself with the world economy. In the audience was Singaporean Minister Mentor, Lee Kuan Yew, whom Mr Wen met earlier in the day. Mr Wen also met President S.R. Nathan ...

  9. GDP growth set to hit 11.5pc, Wen says

    Posted Nov 21st 2007, 12:00am by Klaudia Lee

    ... Klaudia Lee Premier warns of overheating as he admits economy is outpacing predictions Premier Wen Jiabao revealed yesterday that the mainland's gross domestic product growth was set to reach 11.5 per cent this year, a figure much higher than his forecast when he delivered his government report in March. Mr Wen said the nation was facing a problem of structural increases ...

  10. Company digs deep to get residents into environment

    Posted Nov 20th 2007, 12:00am by Amanda Lee

    ... Kai Shing Management's unique green activities for YoHo Town residents have grown and flourished, writes Amanda Lee Staying green has always been an element of living in Yuen Long's YoHo Town, which scooped up this year's Hong Kong Eco-Business Awards grand award for getting residents involved in innovative environmental activities. Developed by Sun Hung Kai ...




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