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October 12, 1992

CATHAY PACIFIC UNHAPPY ABOUT RISING COSTS IN HONG KONG

By CBR Staff Writer

Hong Kong’s Cathay Pacific Airways Ltd has delivered a second thumbs down to the Crown Colony over its high costs and inflation rate, and having said it would set up an information processing company in the south China city of Guangzhou, saying such basic work was no longer viable in Hong Kong late last month (CI No 2,018), it now says it will establish a computer and communications base in Australia within three years: work on the centre in Sydney, which will handle passenger and cargo reservations as well as check-in information, will start next year, and it is due to be completed within three years; the work is currently handled by two centres in Hong Kong, one of which will be closed when Sydney opens while the other will be kept as a back-up, the company said, adding that it chose Australia because of relatively cheap land and an established telecommunications infrastructure and also the availability of relevant skills.

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