Friday, August 1, 2014   

 
       
 
Jail terms for exam cheats
Three mainlanders who tried to pass themselves off as candidates at an internationally accepted English-language test in Hong Kong have each been jailed for 10 months. Alice So 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=120166&sid=35558669&con_type=1&archive_d_str=20120228



Former air chief sentenced
Former director general of the Civil Aviation Department Albert Lam Kwong-yu was yesterday sentenced to five months in jail, suspended for two years, and fined HK$50,000 after being convicted of insider trading involving shares in the Hong Kong Aircraft Engineering Company. Eddie Luk 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=120165&sid=35555749&con_type=1&archive_d_str=20120228



Worried watch on power plays and tariffs as gas prices rise
Keeping electricity tariffs stable amid mounting hikes in world energy prices remains a priority, Secretary for the Environment Edward Yau Tang-wah has told legislators. Candy Chan and Grace Cao 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=120164&sid=35555614&con_type=1&archive_d_str=20120228



Dirty cash from ice stash sends brothers to jail
A pair of brothers have been jailed over a HK$11 million money-laundering scheme and conspiracy in relation to the SAR's biggest "ice" haul. 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=120163&sid=35560634&con_type=1&archive_d_str=20120228



To Kwa Wan flat owners get the option to swap
The Urban Renewal Authority has introduced a flat-swap program for a redevelopment project in To Kwa Wan under the new Urban Renewal Strategy. Victor Cheung 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=120162&sid=35555387&con_type=1&archive_d_str=20120228



Leung 'to enjoy life' as she calls it quits
In a move that took the banking sector by surprise, Hang Seng Bank (0011) vice chairman and chief executive Margaret Leung Ko May-yee said she is retiring in May. 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=120161&sid=35559525&con_type=1&archive_d_str=20120228



Flying start for Cathay with new-seats rush
Cathay Pacific Airways (0293) said it has secured bookings for more than 1,000 premium economy seats so far even though its new cabin class will only be available from April 1. Bonnie Chen 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=120160&sid=35556932&con_type=1&archive_d_str=20120228



HSBC falls short as restructuring costs keep rising
Higher restructuring costs led HSBC Holdings (0005) to miss several key earnings targets last year, including cost efficiency and return on equity. Victor Cheung 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=120159&sid=35556372&con_type=1&archive_d_str=20120228



I'm out (...at least for now)
Legislative leader Jasper Tsang Yok-sing intends to stay out of the chief executive election - at least for now. Eddie Luk 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=30&art_id=120158&sid=35560096&con_type=1&archive_d_str=20120228



Europe banks timid on lending
The euro zone avoided a credit crunch in January but banks showed scant sign of lending on the funds they snapped up at the European Central Bank's first 3-year lending operation to firms, which were starved of investment funds. 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=5&art_id=120157&sid=35561955&con_type=1&archive_d_str=20120228



It's a matter of trust as reality intrudes
The Group of 20 wants to give the IMF US$2 trillion (HK$15.5 trillion) in April. If this happens, all future financial crises could be solved immediately through IMF help. This is too good to be true. Where would the money come from? 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=5&art_id=120156&sid=35558277&con_type=1&archive_d_str=20120228



Shoppers power healthy Lifestyle
Sogo department store operator Lifestyle International Holdings (1212) booked a net profit of HK$1.88 billion last year, up by 34 percent thanks to a retail boom in Hong Kong. 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=1&art_id=120155&sid=35559050&con_type=1&archive_d_str=20120228



Gaga gone as shows sold in 90 minutes
Scores of disappointed Lady Gaga fans left ticketing outlets empty-handed yesterday morning after her two Hong Kong shows sold out in 90 minutes. 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=120154&sid=35558041&con_type=1&archive_d_str=20120228



Date set for more note sales
The Bank of China said yesterday the sale of the remaining 405,000 commemorative single banknotes will resume on March 26 after frenzied scenes when they first went on sale. Candy Chan 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=120153&sid=35560054&con_type=1&archive_d_str=20120228



Misery morning rush hour for MTR travelers
Thousands of commuters were left fuming during the peak morning travel period, after a signal failure disrupted MTR services between Admiralty and Tsim Sha Tsui for more than an hour. Kenneth Foo 2/28/2012
http://www.thestandard.com.hk/archive_news_detail.asp?pp_cat=11&art_id=120152&sid=35555723&con_type=1&archive_d_str=20120228



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