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  1. Micro-finance is small money, but high risk

    Posted Oct 03rd 2005, 12:00am by Staff Reporter

    ... be able to set their own lending rates and so would be in limited competition with the co-ops. Beijing opening the door is one matter, but whether private companies will line up for the chance ...

  2. Talking points

    Posted Dec 06th 2011, 12:00am

    ... and Development Programme. China has recently raised its poverty line to cover people with annual incomes of 2,300 yuan (HK$2,810) per capita or less, up 80 per cent from the threshold of 1,274 yuan ... are expected to be grilled by the councillors, who have blamed the disaster on the government's lack of long-term planning and lax control over the hawkers. Briefing on mainland poverty ...

  3. HK$100m scheme aimed at little guy

    Posted Feb 03rd 2012, 12:00am

    ... Denise Tsang denise.tsang@scmp.com The Hong Kong Mortgage Corporation plans to roll out a HK$100 million lending scheme for the self-employed and fund-starved businesses in the government's latest move to support smaller firms. Under the plan, small ...

  4. Elderly in line for a HK$12,000 handout

    Posted Jul 07th 2012, 12:00am

    ... Thomas Chan thomas.chan@scmp.com Thousands of elderly people living in private housing will be able to apply for a one-off payment of up to HK$12,000 to help them cope with rising prices and soaring rents. The Community Care Fund will roll out the subsidy ...

  5. Tax cuts readied for war on poverty

    Posted Mar 10th 2005, 12:00am by Cary Huang

    ... in poverty-stricken counties. Yesterday Mr Jin said the funds would also be used to encourage grass-roots governments to streamline their bureaucracies. He said the central government would reward county ...

  6. Twelve ways to fight poverty- now

    Posted Jan 24th 2005, 12:00am by Philip Bowring

    ... Philip Bowring Chief Executive Tung Chee-hwa wants to tackle the issues of poverty and collusion between government and big business. That is great. Let us hope we do not have to wait ... pay a higher proportion of their income to the government than those earning $3 million a year. Poverty is as much a relative question as an absolute one, and Hong Kong's income ...

  7. The World's Banker: A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations

    Posted Oct 24th 2004, 12:00am by Tim Cribb

    ... Tim Cribb The World's Banker: A Story of Failed States, Financial Crises, and the Wealth and Poverty of Nations by Sebastian Mallaby Penguin $240 China is good for the World Bank. It pays good rates on its loans, helping to finance the 10,000 technocrats the bank lends cheaply to lesser developed nations. And China's projects usually reduce poverty- the goal since ...

  8. Breaking the poverty cycle for children

    Posted Oct 26th 2004, 12:00am by Staff Reporter

    ... I am sad and astounded to find that one in four Hong Kong children live in poverty in 'Asia's World City'. To prevent those born poor staying poor for life, the government ... the vicious cycle of poverty is to provide free educational visits to children from poor families. The article 'One in four HK children live in poverty' (Sunday Morning Post, October 17) ...

  9. Every cloud has a silver lining

    Posted Dec 10th 2011, 12:00am

    ... Nick Walker Is your Christmas budget precariously based on the bill that you hope your biggest client will settle in a few days' time, despite their record of tardy payment? If so, firstly, welcome to one of Hong Kong's biggest unofficial clubs. ...

  10. Reaching out to the poor

    Posted Jun 18th 2010, 12:00am by Staff Reporter

    ... on the internet. Moreover, Wokai only works on the mainland, where there are more than 300 million people living below the poverty line. Although the organisation is still small, it has helped many people ... and overcome poverty. Microfinance institutions do not just supply funds, but give the poor the tools they need to become self-sufficient. For example, they teach poor men how to fish. Wokai, founded ...




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