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  • November 27, 2014
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Results 1 - 10 of 1904 for public economics

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  1. Private developer may be enlisted for controversial project

    Posted May 14th 2004, 12:00am by Patsy Moy

    ... Prince of Wales Hospital would become the first public hospital rebuilt under a public-private partnership model. But Patients Rights Association spokesman Ho Hei-wah warned it might be the first step by the government to 'privatise' its medical services. 'It may mean that patients have to bear higher medical costs if public hospitals are privatised,' Mr Ho said. He ...

  2. Surveyors hit out at public-private plans

    Posted May 19th 2004, 12:00am by Chloe Lai

    ... Chloe Lai Surveyors have called on the government to freeze planned public works involving private developers. The Hong Kong Institute of Surveyors yesterday became the first professional body to raise concerns about the so-called public-private partnership (PPP) model, saying proper procedures and a regulatory framework are needed. Institute president Tony Tse Wai-chuen said: ...

  3. Check urged on partnership projects

    Posted Mar 15th 2004, 12:00am by Chloe Lai, Quinton Chan

    ... Chloe Lai and Quinton Chan A balance is needed between attracting private business and protecting the public A mechanism should be established to monitor how the new public-private partnership model is implemented to protect the public's interest, according to the public works chief. Secretary for Environment, Transport and Works Sarah Liao Sau-tung said the public ...

  4. Private developers offered free hand

    Posted Apr 17th 2004, 12:00am by Chloe Lai

    ... Chloe Lai Government proposal allows firms to build profitable sidelines to public projects The government proposes giving private developers who build public projects a free hand to build anything they deem profitable around the developments, provided no zoning bylaws are violated, officials disclosed yesterday. The government is advocating the public-private partnership (PPP) model ...

  5. Recycled ideas won't work for waste plant

    Posted May 19th 2004, 12:00am by Jake Van Der Kamp

    ... Jake van der Kamp ENVIRONMENT SECRETARY Sarah Liao Sau-tung has once again got herself mixed up about the proper use of the public-private participation (PPP) model she so favours ... and operating the facility. This may involve the expenditure of public land, our most valuable public treasure, but there is no expenditure of cash, no direct impact on the budget and therefore ...

  6. How public-private partnerships help

    Posted Mar 25th 2004, 12:00am by Staff Reporter

    ... Jake van der Kamp makes some good points in 'Conjuring trick with most valuable asset' (March 17), but he also misses a lot more points. Public Private Partnership (PPP) is not a trick to evade the checks and balances of a developed society, nor is it a sleight of hand to achieve off-balance sheet solutions to public finances. The real aim of PPP is efficient use ...

  7. Reining in the runaway budget deficit

    Posted Mar 29th 2004, 12:00am by Staff Reporter

    ... legacies was a huge government budget deficit, financed by a rapid run-up in government debt. Another was a fiscal system that forces local governments to pick up two-thirds of all public expenditure, while giving them less than half of all public revenue. This system has bankrupted local governments and forced them into frantic property speculation, and the imposition of illegal taxes ...

  8. Tang deserves credit as numbers amount to imminent surplus

    Posted Sep 06th 2004, 12:00am by Jake Van Der Kamp

    ... even without counting that $20 billion bond issue. Economic recovery has magical effects on the government's fiscal position. It always does and this is not just a one-off bounce from ...

  9. One in four projects not up to scratch

    Posted Aug 01st 2004, 12:00am by Staff Reporter

    ... Chan Siu-sin About a quarter of local infrastructure projects funded by government bonds were not up to standard, according to the National Audit Office's latest report. The report, which measured the progress and operations of projects ranging from ...

  10. Bonds are no substitute in cutting deficit

    Posted Oct 04th 2004, 12:00am by Staff Reporter

    ... greater flexibility in the management of our liquidity. It can be no substitute for continued efforts to address the true deficit, through stimulating economic development, containing public ... Ying-yen believes in transparency in public policy formulation and set out clearly the government's current position in his first budget speech on March 10. Mr Tang said in the budget ...




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