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  • November 24, 2014
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Results 1 - 10 of 15 for middle class

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  1. Business - Economy - ECONOMY

    Financial Secretary John Tsang hints one-off budget relief measures may be withdrawn

    Posted Feb 10th 2014, 04:31am by JEFFIE LAM

    ... as the global economy improves. He made the comments as a government source told the Post that the middle class should expect fewer "sweeteners" when Tsang delivers his budget on February 26. ... on low incomes. These could include the two-month exemption on public housing rents that have been a feature of recent budgets. But the middle class, already upset about being ignored ...

  2. News - World - ECONOMY

    Combined GDP of China, India and Brazil will soon overtake the west

    Posted Mar 16th 2013, 12:00am by CHOW CHUNGYAN

    ... hemisphere- will also become the main consumer markets. The middle class in China, Brazil and India is growing at an unprecedented speed and scale. The proportion of the world's middle class living in developing nations more than doubled between 1990 and 2000. The ratio was expected to reach more than 80 per cent by 2030, the report said. Middle-class people living in "the ...

  3. News - Hong Kong - ECONOMY

    Deloitte China forecasts HK$50.3 billion fiscal surplus

    Posted Jan 28th 2014, 12:49pm by Tony Cheung

    ... They include sweeteners for the middle class, such as waiving 75 per cent of the salaries tax- subject to a HK$12,000 ceiling- as well as stamp duty deductions for those buying a home for the first ... support for needy and middle-class families and salary taxpayers." Apart from tax waivers, the firm also proposed raising the basic tax allowance from HK$120,000 to HK$126,000, as well ...

  4. News - World - ECONOMY

    Obama revives plan for corporate tax cut as part of 'grand bargain'

    Posted Aug 01st 2013, 12:00am by AFP

    ... bargain' US President Barack Obama has revised a tax reform plan, backing a cut in corporate tax rates in return for a pledge from Republicans to invest in programmes to generate middle-class jobs. ... a grand bargain for middle-class jobs?" Obama told a crowd of 2,000. "If we're going to give businesses a better deal," he added, "we're going to give workers ...

  5. Business - Economy - ECONOMY

    China on track to overtake Japan in household wealth: Credit Suisse

    Posted Oct 11th 2012, 12:00am by Lulu Chen

    ... Lulu Chen lulu.chen@scmp.com Growth in assets held by mainland's middle class set to push country into second spot behind US by 2017, report says China on track to overtake Japan in household wealth China could overtake Japan as the second-wealthiest country in the world by household assets in five years on the back of a booming middle class and rapid growth ...

  6. Business - Economy - ECONOMY

    African lions hope to emulate economies of Asian tigers

    Posted Aug 05th 2014, 03:26am by Bloomberg

    ... the "Asian tiger" economies in the 21st century. Africa's advantages include vast untapped resources, a youthful population and an expanding middle class. Offsetting these are rampant ... of the global economy could triple by 2050, while average per-capita income could surge sixfold and 1.4 billion more Africans could join the middle class, under the most optimistic of scenarios sketched ...

  7. Business - Economy - ECONOMY

    World Bank chief backs launch of BRICS bank

    Posted Jul 09th 2014, 05:20am by Victoria Ruan

    ... "affordable quality care", especially for its ageing population and a middle class facing chronic diseases. The World Bank has forecast China's economic growth rate will reach about 7.6 per ... and stability in the Middle East. ...

  8. Business - Money - ECONOMY

    Exchange Fund earnings fall 32pc on bond investment losses

    Posted Jan 24th 2014, 12:47am by Enoch Yiu

    ... income and an ageing population," he said. "It should not raise taxes but should, instead, reduce taxes in the budget to help ease the burden on middle-class families." In his ...

  9. News - China - ECONOMY

    China's income inequality slowly improving, survey finds

    Posted Jul 19th 2013, 12:00am by Zhang Hong

    ... income rise of the middle class. "China's Gini index is higher than most developed countries like the US or Europe, but we are still better than countries in Latin America ...

  10. Business - Economy - ECONOMY

    The two Brazils

    Posted Jun 12th 2014, 11:53am by NICHOLAS SPIRO

    ... to low-income families in return for enrolling their children in school. The second Brazil... is one of stagflation... and worryingly low levels of productivity The scheme helped create a lower middle class that is now demanding better-quality public services and an end to corruption. A year ago, more than a million Brazilians took to the streets to call for political accountability ...




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