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  • April 20, 2014
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  1. Prepare HK's economy for fallout, Hu says

    Posted Nov 13th 2011, 12:00am

    ... uncertainties and severe inflation. Hu called on the Hong Kong government to shield the economy from any fallout and ensure the city's long-term stability and prosperity. James Sung Lap-kung, a political scientist at City University, said Hu's remarks suggested Tsang should pay more attention to people's rising grievances about the government, as the economy might take a hit just ...

  2. HK's government doing a good job in comparison with those in Europe

    Posted Mar 17th 2012, 12:00am

    ... of citizens' lives unless directly asked. One only has to look at the state Europe is in for fair warning of what happens when governments do more. European Union citizens are paying large amounts ... Leung Kam-chung). It is obvious that the disgraceful state that Europe is in has been caused by too much government. In Hong Kong we have been very lucky, for as both financial secretary ...

  3. Democracy not your business, Europe told

    Posted Jan 26th 2008, 12:00am by Staff Reporter

    ... itself recognised in its report that the majority of Hong Kong's people were clearly in favour of this,' the declaration said. It added that Europe wished to see constructive progress ...

  4. HK officials scared, but investors show their courage

    Posted Feb 06th 2012, 12:00am

    ... levels in Europe and the United States 'could deal a more serious blow to the global economy than the 2008 financial tsunami'. As result, Hong Kong's economic growth rate could ... Tom Holland The leaders of Hong Kong's government are in a flap about the economy. Speaking at Davos last month, Chief Executive Donald Tsang Yam-kuen told the assembled leaders ...

  5. Rivals face journey into the unknown

    Posted Jan 09th 2012, 12:00am

    ... When he was advised that America's late-90s boom was unsustainable and that the economy faced a painful adjustment, then candidate and now former president George W. Bush quipped that he was no longer sure he wanted the job. That would resonate with the two rivals to be Hong Kong's next chief executive. The future is fraught with uncertainty. Our economy is hostage ...

  6. Hopes high for a wealthier, greener and fairer world- Economy

    Posted Jan 01st 2010, 12:00am by Gary Cheung

    ... economy was reviving, although he warned a downturn could hit in the middle of this year. 'Fortunately the impact on Hong Kong in 2009 was limited, thanks to a strong Chinese economy as our ... way to maintain people's confidence, without raising tax rates.' The government's HK$500 billion in reserves- one of the highest levels among Asian economies- could be relied ...

  7. Shoestring budget will not help Hong Kong's ailing economy

    Posted Mar 10th 2009, 12:00am by Staff Reporter

    ... Financial Secretary John Tsang Chun-wah's budget was too prudent. It has done little to help heal a wounded economy and we must all fear there is worse to come. He seems to have ... more aid for the needy. John Tsang has scaled back expenditure and has given us a shoestring budget which will harm the economy rather than boost it. A. L. Nanik, Tsim Sha Tsui ...

  8. Tang shops to help economy

    Posted Jan 03rd 2009, 12:00am by Staff Reporter

    ... Albert Wong Chief Secretary Henry Tang Ying-yen went shopping yesterday as part of the government's push to encourage continued spending in the face of the global economic crisis. Mr Tang visited the Hong Kong Brands and Products Expo at Victoria Par ...

  9. Few Asian economies are as exposed to the crisis as HK

    Posted Oct 11th 2008, 12:00am by Shirley Yam

    ... politics first. Back in August, a senior government official was still arguing with me that any public suggestion of a worsening economy and unemployment would be self-fulfilling. The spin has ... economy that is more exposed to the global financial crisis, global economic slowdown, unstable US currency regime and the mainland's economic slowdown than Hong Kong. Despite the dive ...

  10. Further tax cut on the table if economy remains strong

    Posted Oct 11th 2007, 12:00am by Staff Reporter

    ... Denise Hung There would be a further profits tax cut if the city's economy remained robust and the public finances stayed sound, the chief executive said. Donald Tsang Yam-kuen announced that the standard tax rates for salaries and profits tax would be cut by 1 percentage point respectively to 15 per cent and 16.5 per cent from the 2008-09 financial year, which would cost ...




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