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  • July 24, 2014
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Results 1 - 10 of 1121 for mandatory provident fund schemes authority

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  1. HK's US$4.2b contribution to scheme questioned

    Posted May 29th 2009, 12:00am by Gary Cheung

    ... government website or that of the Monetary Authority. The finance ministers agreed to implement the scheme by the end of this year. Asked why the government did not issue a press statement ... Gary Cheung Lawmakers have urged the government to explain its US$4.2 billion contribution to a regional financial co-operation scheme aimed at maintaining currency stability in East Asia. ...

  2. A better life for every senior citizen

    Posted Jul 28th 2005, 12:00am by Staff Reporter

    ... C. K. Lau Since the introduction of the Mandatory Provident Fund (MPF) system in December 2000, critics have never stopped complaining about its inadequacies. It will take decades before the scheme begins to bear fruit for its contributors. As only those in the workforce earning more than $5,000 a month are required to set up MPF accounts, it will not provide adequate benefits ...

  3. Letters

    Posted Mar 11th 2009, 12:00am by Staff Reporter

    ... that ensures people can earn a decent wage. Wong Shek-hung, advocacy officer, Hong Kong programme, Oxfam Hong Kong It is time to get rid of MPF The Mandatory Provident Fund (MPF) has eroded ... into quick-fix and misleading funds where only those selling the funds are guaranteed colossal profits. It is high time that the present MPF scheme was scrapped in its entirety and replaced ...

  4. Call for Monetary Authority chief to quit lacks numbers in Legco

    Posted May 06th 2009, 12:00am by Staff Reporter

    ... Eva Wu A call for Monetary Authority chief Joseph Yam Chi-kwong to step down is likely to fail today because of a lack of support from legislators. Wong Yuk-man, chairman of the League of Social Democrats, is urging Mr Yam to quit over the fact he received a 15 per cent pay rise even though the Exchange Fund recorded an investment loss, and that 'such behaviour should ...

  5. Emissions at least on par with US: official

    Posted Oct 30th 2008, 12:00am by Shi Jiangtao

    ... 'Developed countries should be responsible for their accumulative emissions and current high per capita emissions, and take the lead in reducing emissions, in addition to providing financial support ... total emissions. Both the white paper and Mr Xie played down the growing criticism over China's refusal to accept a mandatory target in cutting emissions. 'There is no doubt that under ...

  6. Housing Authority's choice of partner criticised

    Posted Sep 08th 2004, 12:00am by Peggy Sito

    ... Peggy Sito The Hong Kong Housing Authority has drawn criticism for appointing Singapore developer CapitaLand to help it manage its estimated US$2 billion real estate investment trust ... centres. CapitaLand's appointment as strategic partner at The Link Management, REIT manager of the Housing Authority's retail and parking assets, was announced on August 27. One ...

  7. Reward public doctors to halt exodus, pioneer says

    Posted Jan 18th 2011, 12:00am by Ella Lee

    ... insurance. The government wants to introduce a voluntary medical scheme to cover at least 500,000 people. The professor said the Hospital Authority should take the opportunity to change the system ... services will be cut and the public may not accept this.' An authority spokesman said its hospitals currently provided private services 'on a very limited scale' as an alternative ...

  8. Compelling case for Asian markets

    Posted Dec 14th 2010, 12:00am by Staff Reporter

    ... for investors in 2011. Authorities around the region are moving away from being dependent on exports which will help boost domestic stocks.' Yeung says that the structural story in Asia remains robust with government, corporate and family balance sheets very healthy; a different story to many Western economies. 'I expect foreign fund flows into the region to resume their upward ...

  9. Letters

    Posted Aug 18th 2008, 12:00am by Staff Reporter

    ... and scavengers in Central's streets. That generation worked long before there was a Mandatory Provident Fund, so most of them have no pension. Those without a family to support them or who have ... Wealthy enough to provide a decent pension Do our officials realise that the public funds accumulated by the government are supposed to be spent for the welfare of Hong Kong citizens? ...

  10. HK lags on global terrorist, cash laws

    Posted May 02nd 2010, 12:00am by Irene Jay Liu

    ... United Nations guidelines on the seizure of terrorist funds. Despite the deficiencies, Hong Kong is in the top 50 per cent of countries evaluated by the task force, according to a survey of its ... money laundering. In 2009, Hong Kong authorities convicted 307 people of money laundering and froze assets worth more than HK$1.5 billion, a significant increase over 2008, when 248 were ...




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