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  • July 11, 2014
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Results 1 - 10 of 3472 for western harbour crossing

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  1. Tunnel owner denies plans for toll rise

    Posted May 09th 2008, 12:00am by Staff Reporter

    ... Jonathan Tam There are no plans for toll increases at the Eastern Harbour Tunnel and the Western Harbour Tunnel, a shareholder of the two privately owned tunnels said. Larry Yung Chi-kin, chairman of Citic Pacific, which owns the eastern tunnel and a 35 per cent stake in the western tunnel, said there was no rise on the company's agenda. Expensive tolls at the two harbour ...

  2. Tunnel toll to rise- sort of

    Posted Jul 27th 2007, 12:00am by Anita Lam

    ... Anita Lam The operator of the Western Harbour Tunnel will introduce a 12.5 per cent statutory toll rise next Wednesday, but drivers will be spared from paying more for now because concessionary tolls will be extended until the end of the year. It will be the sixth statutory rise since Western Harbour Tunnel Co Ltd took over operations in 1997, but there have only been two actual ...

  3. Corrections & clarifications

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

    ... In yesterday's front-page story 'Drivers could be spared Eastern crossing toll rise' it was stated that Citic Pacific is the largest shareholder in the Western Harbour ... in the Western Harbour Tunnel. We apologise for the error. ...

  4. Eastern Harbour Tunnel charges to jump by two-thirds

    Posted Mar 12th 2005, 12:00am by Elaine Wu

    ... using the tunnel would drop by 17 per cent after the toll rise, pushing extra traffic onto the cross-harbour and western tunnels, she said. Lai Ming-hung, chairman of the Taxi and Public Light ... will opt for the Cross-Harbour Tunnel and this will create serious traffic jams in Kowloon.' ...

  5. Operators governed by different rules on raising tolls

    Posted Mar 18th 2005, 12:00am by Joseph Lo

    ... Joseph Lo The Western Harbour Tunnel Company is allowed to automatically increase tolls each year- but only if government audits find revenue for the year is lower than the amount contractually allowed. This contrasts with the Eastern Harbour Tunnel, for which a more complicated application procedure to increase tolls is required, involving approval from the Transport Advisory ...

  6. Bite the bullet on tunnel tolls

    Posted Jul 03rd 2011, 12:00am

    ... Once again, users of the cross-harbour tunnels face the prospect of dearer tolls. Those using the Eastern Harbour Tunnel have been spared a 40 per cent increase for now because ... at the entrances to the main tunnel, the Cross-Harbour Tunnel between Causeway Bay and Hung Hom, persist while the other two remain underused. Whether the increase will be allowed is now a matter ...

  7. Western bosses look east for jobs

    Posted Nov 28th 2011, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com An increasing number of Western chief executives are eyeing top posts in Asia as companies back home cut staff numbers. Asian companies, by contrast, are in expansion mode, providing a safe harbour for executives escaping the chilly economic environment in their own countries.. Recruitment experts say that in the past, Western executives were often ...

  8. No discounts, says tunnel firm

    Posted May 04th 2005, 12:00am by Dennis Eng, Elaine Wu

    ... whereas the Cross-Harbour Tunnel market share rose from about 60 per cent to 65 per cent, he said. 'These are normal initial reactions to a toll increase and experience suggests that market ... Dennis Eng, Elaine Wu and Cheung Chi-fai The Eastern Harbour Tunnel operator yesterday ruled out offering discounts despite traffic volume dropping up to 46 per cent a day since it raised ...

  9. Hotel in Western bought for $350m

    Posted Apr 27th 2004, 12:00am by Peggy Sito

    ... Peggy Sito Betting on an increasing influx of mainland tourists, mid-tier hotel operator Magnificent Estates has acquired a 289-room hotel development in Western, on Hong Kong Island, ... by about 6,000 over the next three years. An estimated 16,627 new rooms are being developed across the harbour in Kowloon, according to Mr Yip. ...

  10. Loans to boost western regions

    Posted Jun 26th 2004, 12:00am by Ray Cheung

    ... western regions. The money will be used to improve the cross-country Zhe-Gan railway and to build the proposed Hubei Shiman highway. Yesterday's announcement of the funding by the World Bank ... on improvements to boost speeds on the railway to up to 200km/h, while the Hubei Shiman highway would become a key transport artery to the western regions. The projects are scheduled to be completed ...




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