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  • August 29, 2014
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  1. Business - Banking & Finance - LABOUR

    HSBC expected to axe up to 5,000 more jobs to save US$1b

    Posted Mar 19th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com HSBC expected to axe more jobs to save US$1b HSBC may announce further job cuts as part of a strategy to reduce costs. The bank will offer an update on the cost-cutting process during an interim management statement on May 7. The focus of the cost cutting would be on "non-emerging growth markets", suggesting that the redundancies might take ...

  2. Business - Economy - LABOUR

    Hard work to see through opaque job figures

    Posted Apr 17th 2014, 01:09am by Victoria Ruan

    ... gross domestic product growth eased to 7.4 per cent in the first quarter from 7.7 per cent in the previous three months. Interpreting the job situation has been challenging in China. Premier Li Keqiang has made it clear that the GDP growth rate is secondary to efforts to ensure stable job creation. He said last year the economy needed 10 million new jobs a year. China has lacked sound ...

  3. News - Hong Kong - LABOUR

    Civil servants demand 5.1 per cent pay rise

    Posted May 27th 2014, 04:22am by Phila Siu

    ... it's even lower," said Li Wai-yee, who chairs the staff side of the model scale 1 staff consultative council. "We won't rule out … withdrawing from [the pay trend survey ... this month, recommended pay increases of 3.8 per cent, 4.71 per cent and 5.96 per cent for government employees in the lower, middle and upper salary bands, respectively. Li said a 5.1 per cent raise ...

  4. News - Hong Kong - LABOUR

    High-salary civil servants union rejects 5.96 per cent pay study proposal

    Posted May 24th 2014, 03:00am by Emily Tsang and Jeffie Lam

    ... offered at the time. Even the groups who endorsed the study yesterday expressed some doubts. Model Scale 1 Staff Consultative Council's Li Wai-yee said she supported the report but was very disappointed at the proposed pay rise. "We … respect the mechanism," Li said. But she added that those in the lower salary band still hoped the pay rise would be in line with the inflation ...

  5. News - Hong Kong - LABOUR

    Civil service union calls for pay rise to match inflation

    Posted May 16th 2014, 07:54pm by Tony Cheung

    ... braving the sun and the rain," Li Wai-yee, of the Model Scale 1 Staff Consultative Council, said. "We would be very much let down if it was only 3.8 per cent." She hoped to see ... private firms were found to have received pay rises of 5.32 per cent, 5.61 per cent and 6.91 per cent in the past financial year. Li Kwai-yin, of the Chinese Civil Servants' Association, ...

  6. News - Hong Kong - LABOUR

    Hong Kong firms, mainland police 'in cahoots'

    Posted May 08th 2014, 04:00am by Jennifer Ngo

    ... of Hong Kong's four biggest chambers of commerce. These included tycoon Li Ka-shing's Hutchison Port, which dealt with two stevedore strikes at its docks over alleged low pay. Another ...

  7. News - Hong Kong - LABOUR

    Dock strike: Few changes a year after longest walkout in Hong Kong’s history

    Posted Mar 25th 2014, 11:04am by Phila Siu

    ... may be hard to avoid. Hongkongers were first awakened to their plight on March 28 last year, when more than 100 workers hired by contractors under tycoon Li Ka-shing’s port operator Hongkong ...

  8. News - Hong Kong - LABOUR

    Port operator's pay guarantee to dockers

    Posted Mar 17th 2014, 05:05am by Johnny Tam

    ... "It also shows that HIT is desperate to keep staff as the turnover of subcontractors' employees is high after the strike." HIT, part of Li Ka-shing's Hutchison Whampoa empire, ...

  9. News - Hong Kong - LABOUR

    Li Ka-shing's flagship Cheung Kong asks court to drive out strikers

    Posted Apr 26th 2013, 12:00am by Austin Chiu, Phila Siu, Johnny Tam

    ... Austin Chiu, Phila Siu and Johnny Tam Now, Li Ka-shing empire applies for an injunction - the second in less than a month - to clear its headquarters of protesting dockers Cheung Kong asks court to drive out strikers Tycoon Li Ka-shing's flagship Cheung Kong company dealt a blow to striking dockers yesterday, seeking an injunction in the High Court to keep them away from its ...

  10. News - Hong Kong - LABOUR

    Dockers drive home the message to Li Ka-shing

    Posted Apr 22nd 2013, 12:00am by Stuart Lau, Phila Siu

    ... their calls yesterday, shifting their protest from outside billionaire Li Ka-shing's headquarters to his home. The usually sleepy corner of Deep Water Bay was overtaken by about 60 dockers, their families and unionists, who spent the morning chanting slogans. Some waved placards, reading: "Grandpa Ka-shing, where are you? Pay us!" Some of the protesters said they were hoping Li ...




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