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  • July 27, 2014
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  1. Bets are open for top financial job

    Posted Mar 27th 2012, 12:00am

    ... Enoch Yiu The guessing game over the identity of the city's next chief executive may have ended but betting on who will be his God of Fortune- or financial secretary- has only just begun. Brokers and bankers are now wondering who will take the top financial job after Leung Chun-ying became chief executive-elect. Adding to the intrigue is the uncertainty over whether Leung ...

  2. Malicious computer attacks on the rise

    Posted Mar 28th 2012, 12:00am

    ... on bail. Most computer attacks in Hong Kong target financial organisations, and some involve demands for financial payment, Tsang said. It was uncommon for hackers to attack an online polling ... and the university. A police team including 70 specialists is working on technology crime, and about 200 officers have received at least some training in that field, Tsang said. The force will set up a centre ...

  3. Cutting civil service pay will do nothing to ease financial woes

    Posted May 28th 2009, 12:00am by Staff Reporter

    ... A survey has shown a drop in private sector pay as the city's economy is in recession due to the global financial turmoil. Consequently, editorials in the Hong Kong media are quick ... to an early recovery through local consumption. A pay cut for civil servants is not really an immediate solution to the city's current financial woes or a quick fix to help lift Hong Kong out ...

  4. Ratings of administration, financial secretary hit new lows, poll finds

    Posted Mar 31st 2009, 12:00am by Staff Reporter

    ... of Financial Secretary John Tsang Chun-wah has sunk to its worst level since he took office. The poll result comes a month after he announced the budget. In the phone survey of 840 people conducted ... and the highest since February 2005. John Tsang's average score dropped 2.5 points to 49.3 on a one-to-100 scale- the first time it had gone below 50 points in this survey since he became financial ...

  5. Taxpayers will not pick up tab, says financial secretary

    Posted Oct 09th 2008, 12:00am by Dennis Chong, Joyce Man

    ... Dennis Chong and Joyce Man The government has ruled out using taxpayer dollars to compensate people who lost money on minibonds issued by the now-bankrupt Lehman Brothers. Financial ... investment losses, I believe taxpayers would not accept it,' Mr Tsang said. Chief Executive Donald Tsang Yam-kuen broke his silence on the matter last night, saying he supported the financial ...

  6. Moving on to financial matters

    Posted Oct 13th 2005, 12:00am by Frank Ching

    ... address and the delivery of the budget speech by the financial secretary, in March. The reasoning was that while the policy address would unveil new initiatives made by the chief executive, the budget speech would disclose steps taken by the financial secretary to implement those initiatives. But the change had the effect of downgrading the importance of the budget speech, ...

  7. Probation for threatening e-mails sent to officials

    Posted Apr 30th 2011, 12:00am

    ... the Financial Secretary's Office, the Chief Secretary's Office and the Police Public Relations Branch. Tam named Chief Executive Donald Tsang Yam-kuen, then-police commissioner Tang King-shing, Financial Secretary John Tsang Chun-wah and Chief Secretary Henry Tang Ying-yen in the e-mails, threatening to harm their families. In one, he wrote: 'Since you allow cases involving ...

  8. Letters

    Posted Jul 30th 2012, 12:00am

    ... Yang's column ('Time to rethink Hollywood culture of violence', July 25). It's disappointing to see Ms Yang blame films like The Matrix and A Clockwork Orange for violent crime. This is such a typical knee-jerk response from people who seem to have no understanding of crime statistics. According to the FBI, violent crime is now at an all time low in the US. It would be nice for Ms Yang ...

  9. Tung seen playing second fiddle to financial chief

    Posted Nov 22nd 2004, 12:00am by Klaudia Lee

    ... Klaudia Lee Henry Tang grabbing the limelight before policy address and the budget Chief Executive Tung Chee-hwa is being overshadowed by Financial Secretary Henry Tang Ying-yen ... detail about it,' Mr Ho said. Lee Cheuk-yan, of the Confederation of Trade Unions, said it was clear Mr Tung had been overshadowed by the financial secretary. 'As Mr Tung is not willing ...

  10. Letters

    Posted Jun 29th 2012, 12:00am

    ... contributions to Hong Kong which are now unfortunately forgotten. One of them has to be his role in the 1997 Asia financial crisis. Many of us still have vivid memories of the summer of 1997. Our stock market crashed, house prices plummeted, investors fled, and the US-HK dollar peg was at stake. As financial secretary, Mr Tsang worked with monetary authority chief Joseph Yam Chi-kwong to buy ...




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