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  • August 23, 2014
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  1. MTRC's Octopus spreads tentacles

    Posted Nov 04th 2003, 12:00am by Denise Tsang

    ... by the MTRC's subsidiary Octopus Cards, debuted in Hong Kong in 1997. Nearly 10 million Octopus cards are in circulation, or 1.5 cards for every Hong Kong resident. The system handles daily transactions ... and schools as security cards. These services are already available in Hong Kong. Octopus churned out a $19 million net profit in the first six months of this year and $68 million last year. well paid ...

  2. Motion for inquiry into Octopus data sale

    Posted Dec 31st 2010, 12:00am by Adrian Wan

    ... Adrian Wan Lawmaker James To Kun-sun proposed a Legislative Council motion to appoint a committee to inquire into Octopus Card's collection and transfer of customers' personal data to third parties for financial gains. The company reaped HK$44 million from selling the data of 1.97 million people. The panel would also examine the role of the MTR Corporation, ...

  3. Legal change after Octopus scandal leaves loophole, says privacy chief

    Posted Apr 19th 2011, 12:00am

    ... was triggered after public uproar over the sale by management company Octopus Cards of the personal information of millions of its clients to business partners. Octopus Cards at first denied the sale ... Ng Kang-chung and Simpson Cheung Legal changes proposed in the wake of last year's scandal over the sale of personal data by the issuer of the Octopus smartcards leave what critics- ...

  4. New watchdog hopes Octopus saga a warning to others

    Posted Aug 06th 2010, 12:00am by Paggie Leung

    ... Paggie Leung New privacy commissioner Allan Chiang Yam-wang hopes the Octopus Cards saga will prompt other organisations to check whether their protection of personal data is adequate. ... report on the sale of data to third parties by the Octopus Card issuer. These include obtaining customers' consent on using their personal data in direct marketing and that print ...

  5. News - China - TRAVEL

    Hong Kong-Shenzhen combined travel card launching in both cities

    Posted Sep 04th 2012, 12:00am by Ada Lee

    ... Xing", will be available in both cities today, while regular cards will go on sale next week, the two sponsoring companies announced yesterday. Co-developed by Octopus and its Shenzhen ... the release in July of the Octopus-Lingnan Pass, which can be used in Hong Kong and 16 cities in Guangdong. Both cards have two "e-purses", allowing users to top up with Hong Kong dollars ...

  6. Tourists stung with Octopus refund fee

    Posted Sep 25th 2004, 12:00am by Staff Reporter

    ... Robin Kwong One of the last rituals for many visitors to Hong Kong is redeeming the $50 deposit on their Octopus cards. But from November 1 they will find their refund short by $7, when Octopus Card Limited introduces a refund-handling fee. Octopus Card sales and marketing director Cindy Cheng said the charge was to cover administrative and recycling costs. With 240,000 cards ...

  7. Two banks accused of sharing data

    Posted Jul 28th 2010, 12:00am by Staff Reporter

    ... 200,000 people. Commissioner Roderick Woo Bun told legislators this yesterday as anger continued to mount over revelations that the Octopus Card issuer had sold the personal data of cardholders to other companies for HK$44million over 41/2 years. Woo, speaking at a Legislative Council financial affairs panel meeting to discuss the Octopus affair, did not give the names of the banks ...

  8. News - Hong Kong

    MTR to drop 10c Octopus levy for screen doors

    Posted Jun 20th 2013, 12:00am by Phila Siu, Ada Lee

    ... Phila Siu and Ada Lee MTR to drop 10c Octopus screen levy The MTR next year will stop charging Octopus card users the extra 10 cents per trip to pay for platform screen doors. Transport ... of the KCRC until 2007. Lawmaker Paul Tse Wai-chun asked why only Octopus card users paid the levy. "This is discrimination against Octopus card users," he said. NeoDemocrats lawmaker Gary ...

  9. Lifestyle - Technology - NATURE

    Maternal deep-sea octopus tends its eggs for over four years

    Posted Aug 03rd 2014, 04:22am by Reuters

    ... a remarkably dedicated eight-limbed mum from the dark and frigid depths of the Pacific Ocean might be a strong contender. Scientists described how the female of an octopus species that dwells about ... the roughly 160 translucent eggs free of debris and silt and chasing off predators. This mother octopus never left the oblong eggs and was never seen eating anything. The octopus progressively lost ...

  10. Flaw almost cost Octopus monopoly

    Posted Nov 28th 2007, 12:00am by Staff Reporter

    ... Scarlett Chiang The Monetary Authority considered opening up the Octopus card business to competition after the company was found to have overcharged users HK$3.7 million through faulty electronic add-value transactions. An authority report to the Legislative Council said it had decided against the move as it might jeopardise the smooth functioning of the cards on public transport. ...




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