July 5, 2009 Sunday
Updated


HONG KONG - HONG Kong lawmakers said on Saturday they would be unwilling to approve a plan to expand the city's Disneyland unless the government and Walt Disney Co tell them how the theme park has performed since it opened in 2005.

 
A year at home for pay cut

LONDON - BT, SEEKING to slash costs in the face of Britain's worst recession in years, is offering employees a year at home in return for a 75-per cent pay cut, the telecoms operator said on Saturday.

Sri Lanka's need for IMF wanes

COLOMBO - SRI Lanka's central bank chief said on Saturday that the island could live without a major IMF bailout that had been delayed by the final stages of the government's fight with Tamil Tiger rebels.

Mass produced Toyota hybrids

TOKYO - TOYOTA Motor Corp plans to start mass producing plug-in hybrid vehicles in 2012, with a projected first-year output of about 20,000 to 30,000 units, the Nikkei business daily reported on Saturday.

Toyota has said it would start leasing 500 plug-in cars globally by the end of this year, primarily for government and corporate use, but has not said when it would commercialise them.

   
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