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  • September 19, 2014
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  1. 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,' ...

  2. Surge in extreme poverty rate

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

    ... 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 ... that an additional 100,000 families are now living in extreme poverty. And 604,000 families, or 23.2 per cent of all families in Hong Kong, are living with a monthly income of $8,000 or less. International ...

  3. 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 ...

  4. 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 ...

  5. End of food aid heralds new role for China

    Posted Dec 22nd 2003, 12:00am by Staff Reporter

    ... A milestone has been reached with the United Nations-backed World Food Programme's announcement that it will stop sending aid to China within two years. More than two decades of economic reforms have lifted hundreds of millions out of poverty and the country's international trade links now give it the means to buy grain on the international market to meet its needs. ...

  6. Breaching the great divide

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

    ... 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 ... 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) ...

  7. Asia overtakes Europe in billionaire table

    Posted Mar 11th 2011, 12:00am by May Chan

    ... he has been living in the same house for 40 years. Slim is known for his active involvement in fighting poverty in Latin America. Microsoft founder Gates now boasts a net worth of US$56 ... that hard work was the key for poor people to help themselves out of poverty. The number of billionaires in Hong Kong increased from 25 to 36. Li Ka-shing was ranked the 11th-richest person ...

  8. 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 ...

  9. Letters

    Posted Nov 07th 2009, 12:00am by Staff Reporter

    ... Cheung Wai-lun, director (Cluster Services), Hospital Authority Deal with child poverty now Chief Executive Donald Tsang Yam-kuen's policy address went to great lengths to identify six ... wealthiest economies, according to a recent United Nations report. Much more focus should be made on easing the inequality of wealth distribution, in particular the effect of poverty on children. Our ...

  10. Give Iran's new leader a chance to show his worth

    Posted Jun 27th 2005, 12:00am by Staff Reporter

    ... over the ultimate rulers, the clerics. Meanwhile, poverty rose to an estimated 40 per cent and unemployment is now believed to be about 30 per cent. In this environment, the wealthy, political ... and alleviating poverty. Accusations that the election was undemocratic are well-founded- clerics prevented more than 1,000 from running for election. But Iranians were also given the possibility ...




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