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  • October 22, 2014
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  1. 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 ...

  2. 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 ...

  3. 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 ...

  4. 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) ...

  5. 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 ...

  6. Lending a helping hand

    Posted Mar 31st 2008, 12:00am by Sophie Paine

    ... Money is written by Sophie Paine, who teaches students financial literacy at www.aandbmake3.com You have just earned your first salary! You can feel the banknotes in your pocket as you happily head back home. You are determined to save part of it to buy a ...

  7. HKU students drawn to spreading the wealth with microfinance

    Posted Sep 29th 2007, 12:00am by Nora Tong

    ... Nora Tong Rather than pursuing an investment banking internship that could open up a high-power career, three University of Hong Kong MBA students spent this summer in Tanzania researching effective ways to lend to the poor. Prasun Choudhary, Sarah Crawfo ...

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

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

    ... Neil Gough Lending in rural areas seems set to take new course as PBOC launches reforms Micro-finance has long been a high-risk, money-losing prospect for lenders in China. Typically funded by non-governmental organisations operating in a legal grey space ...

  9. End the money addiction, HK told

    Posted Aug 12th 2012, 12:00am

    ... Jennifer Ngo jennifer.ngo@scmp.com Hong Kong needs to end its obsession with making money if it is to get to grips with poverty, Nobel Peace Prize laureate and microcredit pioneer Muhammad ... of the widest wealth gaps in the developed world- is serious about alleviating poverty and levelling the playing field for the disadvantaged. On Hong Kong's housing problems, which see thousands ...

  10. A recovery, yes, but growing wealth gap shows not all share benefits

    Posted May 09th 2006, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'All benefiting from boom, says economist' SCMP headline May 8 ONE THING NO government likes to see is hard evidence that the rich got richer and the poor got poorer during its administration. Growing income disparity is a ...




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