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  • April 16, 2014
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  1. News - Hong Kong

    Hong Kong's new poverty line wins wary support

    Posted Dec 11th 2012, 12:00am by Jennifer Ngo

    ... a line under poverty After years of pleading and advocacy from grass-roots voices, Hong Kong is about to have its first official poverty line, decided by a panel of experts at the newly ... and the increasing impossibility of climbing up the social ladder have made Hong Kong a tougher and colder concrete jungle for its poorest citizens. The launch of an official poverty line, expected to be set ...

  2. News - Hong Kong

    Defining how much one needs is next step in poverty issue

    Posted Dec 11th 2012, 12:00am by Jennifer Ngo

    ... Kong is finally taking a baby step on the poverty issue: consensus on the poverty line is close, and it is expected to be set at 50 per cent of median income - meaning those living on less than half that amount are considered to be living in poverty. But details of the line - whose introduction is seen as an indication of the government taking a more serious stance on dealing ...

  3. Drawing the poverty line

    Posted Aug 20th 2004, 12:00am by Staff Reporter

    ... for those on welfare. The asset and income limits imposed on CSSA applicants are Hong Kong's de facto 'poverty lines'. ... is classed as poor, while the cut-off figures for households with two, three, four and five members are $6,300, $8,400, $9,500 and $9,950, respectively. But this way of defining poverty is rejected ...

  4. News - Hong Kong

    Poverty now endemic in Hong Kong, says NGO

    Posted Jan 26th 2013, 07:19pm by Jennifer Ngo

    ... latest twice-a-year report reveals that one in three elderly people are below the poverty line. It is also the first time the number of elderly poor had risen above 300,000 - now calculated ... is also at record high. The median income of the high income group increased by 7 per cent, and is 3.6 times that of the lower income group. Drawing the poverty line at half of the median ...

  5. News - Hong Kong

    Pressure grows on Leung to reduce poverty

    Posted Jan 05th 2013, 06:46pm by JOLIE HO

    ... official poverty line. The Office of the Chief Executive declined to say how significant a part of the policy address will tackle poverty.   ... Jolie Ho Pressure is mounting on Chief Executive Leung Chun-ying to make poverty alleviation the cornerstone of his maiden policy address this month as new research reveals the impact ...

  6. Business - Banking & Finance - COMMENT

    Acquisitions no easy way for Singaporean banks to win in Hong Kong, mainland China

    Posted Apr 07th 2014, 04:38am by George Chen

    ... and one of the few family-controlled banks. That is a typical line any chief executive would give for an investment in Hong Kong or on the mainland, but the market reality is a lot different. OCBC ... DBS bought Dao Heng for about HK$45 billion, or 3.3 times book value. At the time, many analysts had questioned if it had paid too much, to which senior DBS executives responded with a line ...

  7. News - Hong Kong - WELFARE

    Third of children moving to Hong Kong from mainland face hardship, survey shows

    Posted Dec 14th 2012, 12:00am by Phila Siu

    ... Phila Siu phila.siu@scmp.com Families moving to city are living below poverty line, survey shows, prompting call for cash aid Third of children from mainland fall into hardship Poverty ... the poverty line, said Professor Chou Kee-lee, of the Department of Asian and Policy Study at the Hong Kong Institute of Education. When both parents are from the mainland, 42 per cent ...

  8. Defining poverty impractical, says chief

    Posted Jan 14th 2005, 12:00am by Ella Lee

    ... package. Despite repeated calls from the welfare sector to draw a poverty line for Hong Kong, Tung Chee-hwa and Secretary for Health, Welfare and Food York Chow Yat-ngok said it was impractical ... question-and-answer session yesterday, Mr Tung reiterated that the government would try its best to help the needy, but he did not give a clear answer on where the poverty line should be drawn. Speaking ...

  9. Business - Money - MR. SHANGKONG

    Hong Kong should not be a dumping ground for middling IPOs

    Posted Mar 10th 2014, 05:59am by George Chen

    ... should still consider domestic listings as their first choice. Fund managers say Yao's comments are in line with Beijing's long-term stance that quality blue-chip companies should list ...

  10. Crocodile tears over poverty

    Posted May 15th 2010, 12:00am by Stephen Vines

    ... Stephen Vines Here is a warning: this is a column about poverty in Hong Kong, a subject that supposedly interests many people but, in reality, is deemed to be boring. And, let's ... themselves and most certainly should not be turning to society for help. Shocking figures were revealed this week showing that one in nine Hong Kong people are living in poverty, a rising trend ...




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