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  1. What a relief... for middle class

    Posted Feb 02nd 2012, 12:00am

    ... of which will mostly benefit the middle class. Observers say that given the city's fiscal reserves- which are expected to reach HK$658.7 billion by March 2013- the 2012-13 budget came down on the side of caution and ignored many long-standing problems, including the city's wealth gap. However, John Tsang Chun-wah said caution was justified because of the difficult outlook facing ...

  2. News - China - SOCIETY

    China's university graduates stumped over jobs, life and politics

    Posted Dec 24th 2012, 04:30pm by Ernest Kao

    ... conducted a survey on 2,000 students and graduates from 12 colleges and universities across China. When asked about their outlook on jobs, only 30 per cent of university students felt they would ... of personal satisfaction. Meanwhile, as out-of-reach property prices make homeownership increasingly difficult, more than 70 per cent of college students now feel they belong to the "lower" ...

  3. Comment - Insight & Opinion

    Bad idea to survey mainlanders on why they buy Hong Kong property

    Posted Sep 30th 2012, 12:00am by Jake Van Der Kamp

    ... Marco Wu Moon-hoi Long-Term Housing Strategy Steering Committee SCMP, September 24 I like that bit about genuine needs. The only mainland property buyers whose genuine needs could possibly ... for us but put unnecessary strain on our economy, was changed in October 2010 to exclude property from the list of qualifying investments. They still allowed everyone on the application list ...

  4. News - Hong Kong - SOCIETY

    Property heir Gigi Chao has laugh over father's bounty on her heart

    Posted Sep 27th 2012, 12:00am by Amy Nip

    ... Amy Nip amy.nip@scmp.com Property heir has laugh over bounty on her heart Gigi Chao, the daughter of property tycoon Cecil Chao Sze-tsung, said she thought the HK$500 million marriage bounty offered by her father to find her a husband was "quite entertaining". Speaking in a light-hearted tone, Chao told the Post: "He [her father] has an interesting ...

  5. Grim outlook for fit, capable elderly who want to work

    Posted Jul 30th 2010, 12:00am by Patsy Moy

    ... Patsy Moy While Hong Kong comes second in the world's longevity rankings- 86.1 years for women, after Japan, and 79.8 years for men, after Qatar- the city offers few opportunities for senior citizens who are fit and want to work. Government statistic ...

  6. News - Hong Kong - SOCIETY

    Health of poor an urgent case as Leung prepares policy address

    Posted Jan 06th 2013, 12:00am by JOLIE HO

    ... Jolie Ho jolie.ho@scmp.com Study linking poverty to high blood pressure and other medical issues highlights need for chief executive to focus on problem in policy address HEALTH OF POOR AN URGENT CASE Pressure is mounting on the chief executive to make po ...

  7. HSBC seeks buyer for general insurance arm

    Posted Sep 29th 2011, 12:00am

    ... travel, property damage, and marine cargo cover. Chan Kin-por, legislator for the insurance sector, said existing policyholders would not be affected. 'In all insurance mergers, the Hong Kong ... branches or ATMs as the lender could act as an agent for other insurers. $3.5b The reduction in annual global expenses, in US dollars, the bank expects to achieve by 2013 - 3,000 HK jobs cut ...

  8. HSBC seeks to sell general insurance unit

    Posted Sep 29th 2011, 12:00am

    ... insurance operations in Britain, France, Brazil and Singapore. It offers a range of general insurance products including policies covering medical, car, travel, property damage and marine cargo. ... and branches in order to cut global expenses by US$2.5 billion to US$3.5 billion annually by 2013. Gulliver also said the group's insurance business would focus on 'life, pension ...

  9. News - Hong Kong - HOUSING

    Rental component in housing plan for Hong Kong middle class may be dropped

    Posted Aug 18th 2012, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com Rental component of a proposed rent-or-buy programme for middle class could be dropped to satisfy pent-up demand to acquire property Sandwich class plan may drop rent part Housing minister Anthony Cheung Bing-leung said a new rent-or-buy housing programme for the middle class could be reviewed in the upcoming long-term housing strategy. In response ...

  10. Minister pitches for wider property tax

    Posted Oct 28th 2011, 12:00am

    ... Ed Zhang in Beijing ed.zhang@scmp.com A senior Ministry of Finance official has called on national lawmakers to extend a pilot property-tax scheme- the first of its kind on the mainland- ... to establish a national property-tax policy, to further expand the role it has in controlling housing prices and regulating the market,' Wang was quoted by Xinhua as saying yesterday. A tax ...




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