Singapore cabbie returns lost bag with HK$6.9m in cash

Singaporean taxi driver Sia Ka Tian. Photo: AFP

A Singaporean taxi driver has been heralded as a hero after he returned S$1.1 million (HK$6.96 million) in cash to a vacationing Thai couple who left the money in his cab.

Wednesday, 21 November, 2012, 2:59am

Cash-for-flats model is superior to Home Ownership Scheme

Newly built apartment blocks in Beijing. The central government is planning to stop building subsidised housing after 2015. Photo: Reuters

The mainland currently provides subsidised rental housing as well as more upmarket housing for sale at subsidised prices - equivalent to the Home Ownership Scheme (HOS) in Hong Kong.

For almost a decade, Hong Kong provided subsidised public housing for rent only, but it recently revived the HOS in response to vocal demand for assisted home ownership.

19 Sep 2012 - 2:45am 1 comment

Ask Melanie: should I hoard my cash?

I hate seeing the value of my investments drop, so I've been keeping my money in cash. Is that a good strategy given there's still so much uncertainty around?

By protecting yourself from risk in one area you may unwittingly expose yourself to risk in another. Keeping cash in the bank to protect its value leaves you wide open to a more insidious risk - inflation.

17 Sep 2012 - 3:26pm

Robin Hood bank robbers lob loot out car window

Locals swarmed into the road causing chaos after the robbers gave away their cash. Photo: AP

Even in the spiritual home of police chases, it was a wild ride.

A pair of bank robbery suspects caused mayhem after hurling fistfuls of stolen cash from their vehicle in a failed getaway from Los Angeles cops. As the cash fluttered in the breeze, hundreds of people scrambled into the path of oncoming police cars, lunging at the flying bills.

14 Sep 2012 - 4:11am

Model's case spotlights a tenet of rule of law

A lingerie model's state of mind is poised to become Exhibit A in the criminal courts - and the rule of law will benefit from the experience.

18 Oct 2011 - 12:00am

Promoter given bankruptcy order

Cheung Yiu-wing was ordered by the Court of First Instance yesterday to declare bankruptcy. The veteran promoter was being chased by the listed investment company CASH Financial to repay the HK$4.82 million cost of a lost legal battle in June last year. The court had heard that Mr Cheung filed a High Court writ in 2000, claiming CASH chairman Bankee Kwan Pak-hoo breached an agreement.

11 Apr 2007 - 12:00am

Cash check

THE hitherto little known CASH organisation is now making news trying to justify its functions, but I think it is preposterous that 'royalties' are due for playing music not for profit (at one's Christmas party) and at a charity show.

7 Feb 1995 - 12:00am

$3.78m theft from Peak

ANTIQUES, diamonds and cash amounting to about $3.78 million were stolen from the luxury home of an Indonesian businessman in Black's Link on the Peak.

The burglars broke into the master bedroom on the second floor after climbing up the building, without disturbing the four maids living on the premises. The businessman was overseas.

3 Feb 1995 - 12:00am

Royalty row

THE hitherto little-known CASH organisation is now making news headlines trying to justify its functions, but I think it is preposterous that 'royalties' are due for playing music in taxis, to a crowd (of more than three), not for profit (say at one's Christmas party at home) and especially in a charity show.

17 Jan 1995 - 12:00am

Charities have also been lax

I REFER to your editorial headlined, 'Composers CASH in' (South China Morning Post, January 4).

14 Jan 1995 - 12:00am