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Tianjin Port Development Holdings Ltd said yesterday it will raise a net HK$2.4 billion placing 986.5 million shares at HK$2.50 each.
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Travel barrier lowered
2009-08-12

Travel barrier lowered

A limitation on visitors to Taiwan has been loosened with public servants and journalists, who were previously forbidden to travel Taiwan, now being allowed.

Taiwan Trans-Asia Airways and EVA Airways will allocate direct airlines to Tianjin weekly starting from August 31. This will see 6-8 flights per week with over 1000 seats available. With more flights, the price of airplane tickets should decline, said Fan Jinguo, deputy manager-in-chief of Tianjin Kanghui Travel Service Agency.

The increasing number of direct flights between Tianjin and Chinese Taipei will lead to a decrease of over 2000 yuan in the cost of Taiwan tours with some agencies in Tianjin having already adjusted their prices.

One example has seen an eight-day tour around Chinese Taipei island dropping from 9180 yuan to 6980 yuan.

By Xie Fang

 
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