Postal service expects profit to fall 10 per cent
Hongkong Post expected profit to drop 10 per cent, postmaster general Tam Wing-pong said yesterday, with global economic uncertainties likely to harm the department's performance. He expected an operational profit in the 2007-08 fiscal year of about HK$400 million, down 10.5 per cent from the HK$447.3 million of 2006-07. 'This is because of the civil service pay rise,' which he said added HK$90 million a year to the payroll. Despite the drop in profit, the number of mail items Hongkong Post handled last year increased 5.8 per cent to reach almost 1.41 billion. There were no plans to increase postage rates.
20 held in immigration round-up
Police and immigration officers arrested 20 men in Tung Choi Street, Mong Kok, and Temple Street, Yau Ma Tei, in a four-hour operation against illegal workers that ended at 3am yesterday. The 20 South Asian men aged between 24 and 30 were arrested on suspicion of breaching their conditions of stay. The Immigration Department is following up the case.
Information sought on lost girl
Police have appealed for help to find a 14-year-old girl, Lam Wai-hang, who went missing after leaving her home in Ma Sik Road, Sheung Shui, on August 10. She was last seen wearing a white T-shirt, grey shorts and white slippers. Anyone with information can call police on 2666 4499 or contact any police station.
Youths with choppers attack man
