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HONG KONG NEWSPAPER HIGHLIGHTS - MAY 1, 2002.

AsiaPulse News

| May 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

HONG KONG, May 1 Asia Pulse - Highlights of today's newspapers:

SOUTH CHINA MORNING POST:

- New headquarters for the Government and Legislative Council will be built on the Tamar site, with HK$6.4 billion to be spent on construction.

- The Hong Kong Monetary Authority says it is concerned by aggressive competition between banks battling to lend funds to home owners and taxi drivers.

- Workers in Hong Kong are putting in longer hours because of the economic downturn, with 35 per cent of people in low-paid jobs working 10 hours a day or more, a survey has found.

- Hong Kong moved closer to a clampdown on offshore gambling yesterday after lawmakers finished vetting a controversial bill.

- The schedule and number of government-subsidised flats to be sold after a moratorium is lifted next month will be decided based on the market situation, the Chief Secretary said yesterday.

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Source: HighBeam Research, HONG KONG NEWSPAPER HIGHLIGHTS - MAY 1, 2002.

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