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  • October 22, 2014
  • Last updated: 1:38pm
Hong Kong




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Results 1 - 10 of 11 for income

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  1. News - Hong Kong - HONG KONG

    Housing subsidy scheme targets low-income families

    Posted Oct 08th 2012, 04:00pm by Phila Siu

    ... Phila Siu About 30,000 low-income people who are inadequately housed are expected to benefit from a subsidy launched by the Community Care Fund on Monday. The charitable trust has set ... Chi-kwong, hopes to identify a specific group of low-income people – those who do not receive Comprehensive Social Security Assistance and do not live in public rental housing. At present, he said, ...

  2. Business - Economy - HONG KONG

    Spread the wealth, IMF chief Christine Lagarde urges Hong Kong

    Posted Feb 23rd 2014, 06:09am by Peter Wilson

    ... people. The former French finance minister said in an interview with Post Magazine that improving the economic role of women, reducing income inequality and encouraging "greener" growth ... distribution of income. "We are not the world experts in those fields but we have to establish the macroeconomic criticality of issues such as gender inclusion, such as redistribution, ...

  3. Property - Hong Kong & China - HONG KONG

    New flat launches and discounting push prices down in Hong Kong

    Posted Feb 26th 2014, 05:24am by Peggy Sito

    ... and would be supported by increasing household income and a buoyant employment outlook. Also, there was no imminent reason for a rise in mortgage rates. This month Sun Hung Kai Properties published ...

  4. Property - Hong Kong & China - HONG KONG

    Hong Kong's property curbs likely to stay until prices fall further

    Posted Aug 21st 2013, 12:00am by Sandy Li

    ... the government to ease the cooling measures, complaining that their business was suffering from huge drops in commission incomes. They threatened "more radical moves", including camping outside ...

  5. Business - Economy - HONG KONG

    Cost of buying a home is main obstacle to retirement saving

    Posted Feb 21st 2013, 12:00am by KANIS LI

    ... On average, Hong Kong respondents aspired to have HK$436,000 a year as the comfortable income in retirement, against HK$524,000 for current income. But more than half said they were not preparing ...

  6. News - Hong Kong - HONG KONG

    Means test for old age allowance to stay

    Posted Oct 09th 2012, 07:21pm by Phila Siu

    ... month and have assets of no more than HK$186,000. For a couple, the limits are HK$10,520 in monthly income and HK$281,000 in assets. The means test would not be scrapped, Cheung said – even ...

  7. Business - Economy - HONG KONG

    HKMA warns of risk to economy from soaring property prices

    Posted Dec 20th 2012, 12:00am by Eric Ng

    ... to homebuyers' future ability to service their mortgages, if they were forced to borrow too much compared with their income. "The extremely low interest rate environment also means the mortgage ...

  8. Property - Hong Kong & China - HONG KONG

    Hong Kong housing developers hope for better 2013

    Posted Jan 02nd 2013, 12:00am by Peggy Sito, Sandy Li, Yvonne Liu, Paggie Leung

    ... months as buying desire and purchasing power were strong. According to government data, there were 56,000 households enjoying monthly income of HK$40,000. "On the basis of the current interest rate, that can buy a 600 square foot flat assuming that 40 per cent of their income is used for monthly mortgage payment," he said. "Home prices will stabilise next year." ...

  9. Business - Economy - HONG KONG

    IMF warns Hong Kong property market at risk of sharp fall

    Posted Dec 13th 2012, 12:00am by Ray Chan

    ... the fund looked at a wide range of statistics, such as the ratio of price to disposable income, demand-supply models and interest rate conditions. "A sharp price correction would lead ...

  10. Comment - Insight & Opinion - HONG KONG

    Hong Kong's hollow leadership

    Posted Mar 10th 2013, 02:43pm by SIN-MING SHAW

    ... income to buy an average flat, according to one recent international survey. The comparable figure for London and New York is 7.8 years and 6.2 years, respectively. Treating the civil service ...




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