Hong Kong airline Cathay Pacific Airways said Monday it's laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. The airline said it plans to axe about 190 managers, or a quarter of ... ( read original story ...)
Hong Kong’s Cathay lays off 600 as it faces rising pressure
Hong Kong airline Cathay Pacific Airways said Monday it's laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. The airline said it plans to axe about 190 managers, or a quarter of ... ( read original story ...)
Hong Kong bank branches aren’t closing – but they are evolving digitally
“The smartphone is really the new branch for transactional needs, so it basically gives Citi a branch network in the millions,” claimed Angel Ng, Citibank’s country business manager, Hong Kong. “In terms of physical footprint, branches remain ... ( read original story ...)
Work-life balance preference is now at an all-time high
Even though most employees in Singapore, Hong Kong, and Malaysia still have a high preference for good salary and benefits when looking for an employer, work-life balance is rapidly rising in importance to the point that it’s become the second most ... ( read original story ...)
Hong Kong’s MTR is praised abroad for efficiency, but criticized at home
But it was not until recently that the monopoly operator of Hong Kong's profitable metro system said it wanted to do business in Southeast Asia. With a third of its revenue coming from railway operations in Europe, Australia and mainland China, MTR is ... ( read original story ...)
Opinion: Hong Kong is the ideal location for the Silk Road bank’s treasury
I was approached by a gang of lawyers who despaired about the possibility of having to start business development in Kazakhstan or Uzbekistan. Where was the fertile valley of fees they hoped would originate in Hong Kong? I hate to represent the segment of ... ( read original story ...)
Latte Index on wage inequality leaves a bitter taste for Hong Kong’s lowest paid
The plight of the low-paid in Hong Kong has been laid bare by the Latte Index – a new indicator developed by an academic that measures how many cups of coffee the lowest paid can afford to buy. Professor Paul Yip Siu-fai, of the University of Hong Kong ... ( read original story ...)
Half of Hong Kong parents and adult children living with them fight at least once a week: survey
About 50 per cent of Hong Kong parents and adult children living under a single roof clash at least once a week, a survey by a family care group has found, with issues such as allowance, division of household chores, and lack of privacy among the main reasons. ( read original story ...)
‘Writer, director and actor?’: Hong Kong leader doubles down on attack against pan-democrat in UGL probe
Hong Kong Chief Executive Leung Chun-ying fired yet another broadside at an opposition lawmaker on Sunday, saying that Kenneth Leung’s role in a probe into the UGL saga involving his financial dealings was “an example of how Hong Kong’s politics have ... ( read original story ...)
Parenting, popularity ratings and that PR gaffe over an Octopus card … Hong Kong’s next leader Carrie Lam opens up
Hong Kong’s incoming leader Carrie Lam Cheng Yuet-ngor revealed her softer side in a rare interview aired on Sunday, advising parents to value time spent with their children, while recalling her marriage on December 19, 1984 – the same day as the ... ( read original story ...)
Hong Kong Start Up News
A record turnout of more than 17,600 visitors, 3.5 per cent more than the previous year, attended Entrepreneur Day on 19-20 May at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by the Hong Kong Trade Development Council (HKTDC), the two ... ( read original story ...)
Hong Kong-bound Cathay Pacific flight suffers bird hit
The plane took off at 1.49 AM with 244 passengers on board from Rajiv Gandhi International Airport, Hyderabad and was scheduled to land at Hong Kong airport at 9.40 AM. The twin engine Airbus A330-300 plane, however, returned to the airport after a bird ... ( read original story ...)
The bizarre items discovered under Hong Kong bedrooms while digging transit tunnels
Hong Kong's Mass Transit Railway (MTR) is quite rightly regarded as one of the best in the world. On an average weekday it moves more than 5.5 million passengers, with a punctuality rate of 99.9% - a figure most Australian rail users can only dream of. ( read original story ...)
Upcoming China-Hong Kong bridge: unifying link, or tentacle of Beijing control?
PEARL RIVER ESTUARY, CHINA – As a 30-km (19-mile) bridge between Hong Kong and China across the Pearl River estuary nears completion, Chinese officials are hoping it will bring more than economic integration at a time of growing tension between the two ... ( read original story ...)