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  • October 31, 2014
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  1. Business - Economy - THE VIEW

    Cash subsidies go only so far in reducing poverty in Hong Kong

    Posted Jul 22nd 2014, 11:22am by Richard Wong

    ... Richard Wong The plight of the poor in Hong Kong needs to be addressed, but we must recognise that cash subsidies only go so far in alleviating the problem Poverty track Tackling poverty ... and enhance the capacity of the poor to become productive. Second is how to tackle the direct consequences of poverty. A poor person can only afford a low level of consumption. Giving him or her ...

  2. Business - Comment - MONITOR

    How to eradicate poverty - at least by the official definition

    Posted Oct 03rd 2013, 12:00am by Tom Holland

    ... Tom Holland Government's definition of who is poor in relative terms is puzzling but shows its concern over city's inequality, which has grown enormously How to eradicate poverty - at least by the official definition At the weekend, the Hong Kong government rolled out its latest big idea: an official poverty line. In its wisdom, the government decreed that anyone earning less ...

  3. Business - Economy - THE VIEW

    China's economic metamorphosis is incomplete

    Posted Oct 30th 2014, 09:24am by RICHARD HARRIS

    ... achievement in history lifting 500 million people from poverty to the aspiring middle class in 30 years. Slowing growth from here is only natural. For those worried about a future hard landing, please ...

  4. Business - Economy - APEC

    Apec finance ministers to encourage private investment on infrastructure

    Posted Oct 23rd 2014, 05:45am by Victoria Ruan

    ... with less than 5 per cent having secured financing. The AIIB's goal was to invest in regional, semi-commercial infrastructure, Lou said, whereas the ADB and World Bank were focused on poverty ...

  5. Business - Banking & Finance - FINANCE

    Chinaleaks: Hong Kong anti-poverty duo 'failed to declare ties to tax haven'

    Posted Jan 23rd 2014, 12:01am by Tanna Chong

    ... Tanna Chong tanna.chong@scmp.com Leaked papers reveal tycoon and union leader, who sit on commission to help poor, have links to companies in secretive British Virgin Islands Anti-poverty duo failed to declare ties to tax haven Two members of the government's Commission on Poverty failed to declare ties to companies registered in the secretive tax haven of the British ...

  6. Business - Companies - MAKING MILLIONS

    Success beyond the classroom for language school founder

    Posted Oct 18th 2014, 05:47am by Benjamin Robertson

    ... with year-on-year growth averaging 31.9 per cent over the past four years. The son of a carpenter, Yu grew up in the countryside. Though education was his escape from poverty, he lost his first job ...

  7. Business - China Business - CHINA

    Chinese companies facing capital spending crunch

    Posted Oct 16th 2014, 12:38pm by Reuters

    ... there's no need for so much coal, so much iron ore and so much steel." After 30 years of breakneck, double-digit growth that lifted millions of Chinese out of poverty but also damaged ...

  8. Business - Banking & Finance

    World Bank staff to press Kim on 'frustration' over reform

    Posted Oct 06th 2014, 04:10am by AFP

    ... filter". "Staff need to see and hear from president Kim now and have their concerns addressed," it added. The poverty-fighting institution has been riled by news that, despite Kim's ...

  9. Business - Economy - ECONOMY

    European Central Bank announces buying spree to kick-start economy

    Posted Oct 03rd 2014, 04:22am by Reuters

    ... banner reading "Job insecurity, poverty, unemployment, speculation. Free us from the ECB!" Draghi said the intention was to pump money into the economy by expanding the ECB's ...

  10. Comment - Insight & Opinion - MACROSCOPE

    Economic rut in middle of tight Brazil presidential contest

    Posted Oct 02nd 2014, 01:35pm by NICHOLAS SPIRO

    ... the much-praised social welfare scheme that has lifted millions of Brazilians out of poverty, Silva's economic programme appeals to both voters and financial markets. Her "third way-ism" ...




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