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  • July 23, 2014
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  1. News - Asia - NORTH KOREA

    Kim Jong-un's economic reforms carry risks and benefits, analysts say

    Posted Sep 24th 2012, 12:00am by AFP

    ... Agence France-Presse in Seoul The government faces losing control in pursuit of Kim Jong-un's desire for economic change Reforms carry risks and benefits, analysts say North Korea's parliament meets tomorrow amid speculation the country's new leadership wants to push through economic reforms that analysts say carry as many risks as potential rewards. North Korea ...

  2. Tang vows to provide a greater economic lead

    Posted Dec 10th 2011, 12:00am

    ... Chow Chung-yan and Olga Wong Henry Tang Ying-yen says he is ready to modify the city's treasured laissez-faire economic principles and adopt a more proactive approach if he is made ... behind Leung Chun-ying in popularity ratings, also promised reforms to improve residents' livelihoods and strengthen Hong Kong's economic fundamentals. However, he said his government ...

  3. Giveaway does not take away need for reform

    Posted Feb 28th 2008, 12:00am by Staff Reporter

    ... come up with a variety of ways to return wealth to the people. He was, however, reluctant to make longer-term commitments on spending, especially with dark economic clouds on the horizon ... accounts, with funding enhanced annually, in cycles of five to 10 years. Only then can we spend more on long-term social programmes, instead of holding them hostage to the economic cycle. ...

  4. Wen renews vow to curb graft; analysts see it as defence of economic stimulus

    Posted Apr 10th 2009, 12:00am by Shi Jiangtao

    ... and cases of abuse of power in the name of economic stimulus, pledging to send inspection teams to rein in local authorities. He appealed to local authorities to heed public concerns and redress ... in what analysts called a bid to appease public dissatisfaction over questions surrounding Beijing's stimulus package. In a recent long speech that was released by Xinhua yesterday, Mr Wen ...

  5. 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: ...

  6. 'No ownership' public rent rule stands, says official

    Posted Apr 08th 2004, 12:00am by Chloe Lai

    ... Chloe Lai While elderly property owners living in buildings in disrepair will be allowed to rent public flats, the government says the 'no property ownership' rule still applies to others. A housing official told the Legislative Council's housing panel yesterday that screening out property owners was essential to ensure public resources were allocated rationally. ...

  7. Finance chief to loosen public purse-strings

    Posted Jul 08th 2012, 12:00am

    ... Dennis Chong dennis.chong@scmp.com Financial Secretary John Tsang Chun-wah said yesterday that he expects public spending to increase in the coming years, but warned that policymakers must ... was right. The financial secretary reiterated that there may be a need to revise the government's forecast for economic growth this year of 1 per cent to 3 per cent. Tsang said the government ...

  8. Police should share the economic pain

    Posted Jun 24th 2009, 12:00am by Staff Reporter

    ... If the demonstration goes ahead, it will mark the first public police protest in more than three decades. As citizens, police officers have the same right to express grievances as others. But it is not a step they should undertake lightly. At a time when many people are suffering job losses or pay cuts, the march is unlikely to attract much public sympathy. Hong Kong police have a well deserved reputation ...

  9. 'We must reach out to soothe public anger'

    Posted Jun 07th 2012, 12:00am

    ... faces formidable challenges. These include securing the passage of his government-restructuring plan through Legco by the end of the month, the economic uncertainties arising from the European economic crisis, the growing risks of a property bubble and Hongkongers' record levels of dissatisfaction with the government. Yesterday, on the day that Legco began discussing his plan ...

  10. Locked in limbo

    Posted May 10th 2006, 12:00am by Quinton Chan

    ... The government's cost-saving, public-private partnership schemes have lost their momentum in the latest boom, writes Quinton Chan It was like a mania, three years ago, when ... the then new public-private partnership (PPP) system, received a raft of responses from the private sector, with dozens of companies attending government-organised briefings to see if they could share ...




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