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  1. Taskforce to tackle financial crisis likely to be wound up

    Posted Jun 22nd 2009, 12:00am by Gary Cheung

    ... Gary Cheung A taskforce set up in October to assess the impact of the global financial crisis on Hong Kong is likely to be disbanded after its fifth meeting today. A member ... will discuss development of the six industries: education; medical services; environment; innovation and technology; cultural and creative industries; and food safety and product testing. Chief ...

  2. Financial looters run riot, and there's rebellion in the air

    Posted Aug 27th 2011, 12:00am

    ... noted, while Main Street US suffers from rising unemployment, 'the financial industry is dancing a jig after paying itself about US$150 billion in compensation in 2010'. The economic ... in the politics and the economics of the US, continental Europe and Japan. Cartoonists on both sides of the Atlantic put a different spin on the English riots, depicting financiers in swanky stretch ...

  3. Measures urged to protect less well off people in financial crisis

    Posted Nov 06th 2008, 12:00am by Staff Reporter

    ... industries and helped create jobs. 'The lesson we should learn from this is to improve the efficiency and transparency of the financial industry.' ... Albert Wong Lawmakers passed a non-binding motion yesterday urging the government to implement more than two dozen measures to protect the lower and middle classes during the financial ...

  4. HK firm on enhancing financial centre role

    Posted Apr 01st 2009, 12:00am by Staff Reporter

    ... Maria Chan The Hong Kong government would work with regulators and the financial industry to enhance the city's role as an international financial centre through measures such as improving the listing rules and deepening the bond market, Secretary for Financial Services and the Treasury Chan Ka-keung said. Mr Chan said it was not surprising for Shanghai to aim at becoming ...

  5. $239m offer to poultry industry

    Posted May 25th 2004, 12:00am by Martin Wong

    ... Martin Wong Poultry vendors and workers will be offered $239 million in financial assistance under the government's proposed scheme to do away with the live poultry industry ... their licences, according to a document that will be discussed in the Legislative Council today. Retraining and financial aid will be made available to employees made redundant. Vendors who decide ...

  6. Civil servants pledge to back next financial chief

    Posted Aug 04th 2003, 12:00am by Jimmy Cheung

    ... The incoming financial secretary has been assured of full support from the 170,000-strong civil service. Amid growing speculation that Henry Tang Ying-yen would be named the next finance ... recruitment from within the government or the private sector. On Saturday, Mr Tang, currently Secretary for Commerce, Industry and Technology, smiled broadly when asked if he had been given the top ...

  7. New financial chief seeks to lure more investment

    Posted Aug 19th 2003, 12:00am by Chris Yeung

    ... He also warns against excessive intervention in the property market Hong Kong's Financial Secretary Henry Tang Ying-yen has pledged to maintain consistency in policies ... government intervention to push up property prices. Mr Tang, the former industrialist who was appointed minister for commerce, industry and technology in July last year, succeeded Antony Leung ...

  8. Shanghai's labour bureau chief suspected of financial crimes

    Posted Jul 22nd 2006, 12:00am by Bill Savadove

    ... state-owned companies and reforms to the pension system. 'He is under investigation,' a Shanghai government spokesman said. 'The reason is suspicion of serious violations of financial ... Huang and former president Jiang Zemin. Mr Zhu is a native of Zhejiang province and specialised in industrial enterprise management at school. He claimed to have an executive MBA from ...

  9. Tobacco industry may be in line for HK$300m refund

    Posted Apr 21st 2011, 12:00am

    ... Ella Lee The government is facing the prospect of having to refund more than HK$300 million to the tobacco industry as lawmakers from major parties attempt to veto or slash the 41 per cent increase in cigarette duty introduced in the budget. As well as being another embarrassment for the administration and Financial Secretary John Tsang Chun-wah, it would also deal a serious blow ...

  10. Legislators say dispute centre plan 'toothless'

    Posted Jan 04th 2011, 12:00am by Enoch Yiu

    ... Enoch Yiu Legislators say the government's proposed financial dispute resolution centre has not gone far enough to protect investors. After a briefing by a government official at the regular monthly financial affairs panel meeting yesterday, lawmakers raised a range of concerns over the proposed centre, warning it has no investigative or punishment power over banks or brokers. ...




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