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  • October 2, 2014
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  1. 23pc of HK households fall into the poverty trap

    Posted Aug 25th 2003, 12:00am by Patsy Moy

    ... The wealth gap in Hong Kong is widening, with the number of families living below the poverty line increasing sharply since the handover. Latest government statistics show that 604,000, ... six years ago to the present figure of 145,100. According to international standards, the poverty line should be set at half the median household income. The number of families with less than ...

  2. Surge in extreme poverty rate

    Posted Aug 25th 2003, 12:00am by Patsy Moy

    ... said families who live below the poverty line are living like animals with barely enough money for food, not to mention basic necessities such as simple entertainment and social activities. ... The number of households surviving on less than $4,000 a month has doubled since 1997 Nearly 200,000 families in Hong Kong are living in what social workers describe as extreme poverty ...

  3. Sea of poverty sinking East Timor's dream of nationhood

    Posted Dec 03rd 2003, 12:00am by Peter Kammerer

    ... on security- not poverty, the biggest impediment to East Timor's future. The nation is the poorest in Asia and ranked among the least developed in the world, on a par with the African country ... Mr de Groot said. 'We don't seem to have any on poverty eradication or alleviation. All we're after is security at the moment and Iraq fits into that mould. East Timor ...

  4. Shipping lines fretting over ransom ban

    Posted Mar 01st 2010, 12:00am by Staff Reporter

    ... found them to be the quickest, safest and cheapest solution to the problem- that is the bottom line. 'Paying ransoms eases their humanitarian concerns and it's cheaper, too, than ... on by pirates. US Defence Secretary Dr Robert Gates has repeatedly expressed frustration that piracy had become 'a very attractive career' in the poverty-stricken, failed state of Somalia. ...

  5. China's investments ease Africa's poverty, says World Bank report

    Posted Jul 12th 2008, 12:00am by Tom Miller

    ... Tom Miller in Beijing China's massive infrastructural investments in Africa are helping to cut poverty in some of the world's poorest countries, a new World Bank report says. ... to solve Africa's economic problems is through 'mutual co-operation'. 'China's success story in reducing poverty through rapid and sustained growth is remarkable,' ...

  6. Breaching the great divide

    Posted Sep 27th 2004, 12:00am by Staff Reporter

    ... to every member of the society and a growing minority remains trapped in poverty. Defining the poverty line as half of the median household income, the Hong Kong Council of Social Service (HKCSS) ... traditional approach to combating poverty is this: promote economic growth, invest in human capital and provide social safety nets for vulnerable groups. Read the speeches delivered by generations ...

  7. Uncertain future in HK for Iranian shipping line

    Posted Mar 30th 2011, 12:00am by Irene Jay Liu

    ... in the city. More than two dozen shell companies have been established in Hong Kong since 2008 as part of a network helping Iran's national shipping line avoid restrictions aimed at shutting ... after the resolution was passed- would enable it to act against the Islamic Republic of Iran Shipping Lines (IRISL). The United States, which is spearheading efforts against IRISL, said ...

  8. US watching China shipping lines' fairness

    Posted Mar 05th 2011, 12:00am by Keith Wallis

    ... Keith Wallis Maritime regulators in the United States are monitoring Chinese container shipping lines, including Cosco Container Lines and China Shipping Container Lines, and the Shanghai Shipping Exchange for signs of anticompetitive behaviour. This included the unfair use of commercially sensitive information and data such as freight rates that might give mainland lines ...

  9. Sub crosses the line

    Posted Jan 01st 2011, 12:00am by Cary Huang

    ... Cary Huang A nuclear-powered PLA submarine breached a line drawn by a US-led alliance to containing China's naval power, according to a Japanese report. The conservative Sankei newspaper said the Han-class boat penetrated what Chinese strategists call the 'first island chain' in February 2009. It escaped detection by Japanese naval patrols and anti-submarine ...

  10. Haiti

    Posted Aug 07th 2010, 12:00am by Staff Reporter

    ... coffee, oils, mangoes, cocoa Issues: Poverty Haiti is the poorest country in the Americas. About two-thirds of the population are unemployed and the rest are paid very little. Some 80 per cent live below the poverty line, while the richest 1 per cent control half the country's wealth. Foreign aid comprises 30 to 40 per cent of the government's budget. Since the rule ...




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