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  • August 23, 2014
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  1. Budget surplus predicted to reach HK$60b

    Posted Jan 25th 2011, 12:00am by Peter So

    ... Peter So An accountancy firm estimated the government's budget surplus for the financial year would reach HK$60 billion. Tim Lui Tim-leung, a PricewaterhouseCoopers tax partner, said there would be a HK$85 billion difference from the government's original estimate due to higher than expected revenues from land sales and stamp duty. He said government reserves would ...

  2. Budget 2007 Key points

    Posted Mar 01st 2007, 12:00am by Staff Reporter

    ... allowance raised to HK$50,000, plus a new one-off allowance of HK$50,000 in year of child's birth Stamp duty for properties worth HK$1-2 million reduced to HK$100; Extra one-month allowance for CSSA, old age and disability allowance recipients Wine and beer duty halved Free WiFi in government venues One-year pilot transport scheme to help residents in remote areas seek jobs and work ...

  3. Smaller deficit likely as poverty relief urged

    Posted Feb 01st 2010, 12:00am by Staff Reporter

    ... Joshua But Financial Secretary John Tsang Chun-wah expects the budget deficit to be smaller than estimated because of healthy revenues from stamp duty and land sales. But he remained ... investment income from the Exchange Fund is expected to reduce the shortfall. 'We have seen an improvement in financial conditions, with land sales and stamp duty doing well,' Tsang said. ...

  4. A duty on both sides in any protest

    Posted Jan 25th 2012, 12:00am

    ... the arrests were justified. Both protesters and the police have to show restraint when exercising their rights and duties. The police chief has pledged to respect civil liberties. It is important ...

  5. Stamp out discrimination in HK

    Posted Jan 14th 2011, 12:00am by Staff Reporter

    ... Despite being dubbed a cosmopolitan metropolis, our city is not especially welcoming and friendly to minority groups, including Filipinos, Indians, Pakistanis etc. We should take action to make a difference. For a start, the public should have a better kn ...

  6. Long battle promised to stamp out cyber dissent

    Posted Dec 31st 2010, 12:00am by Shi Jiangtao

    ... Shi Jiangtao in Beijing Cyber security remains a major challenge for mainland authorities, who often find themselves caught in a dilemma between clamping down on increasingly vocal internet users to maintain stability and presenting a positive internation ...

  7. Beijing sets targets to stamp out syphilis

    Posted Jun 22nd 2010, 12:00am by Staff Reporter

    ... Zhuang Pinghui The Ministry of Health plans to free the mainland of congenital syphilis in 10 years. The disease was eliminated 50 years ago but has made a ferocious comeback over the past two decades, with infection rates increasing by an average of 50 p ...

  8. Census co-operation is a civic duty

    Posted Aug 08th 2011, 12:00am

    ... but a breach of civic duties. ...

  9. Key points in the budget

    Posted Feb 25th 2010, 12:00am by Staff Reporter

    ... will be given HK$1,000 allowance Property Stamp duty on transactions over HK$20 million increased from 3.75 per cent to 4.25 per cent; buyers cannot defer stamp duty payment Several urban residential ... market of Home Ownership Scheme flats Economic development Stamp duty concession in trading of exchange traded funds extended Concessionary profits tax rate extended to cover qualifying debt ...

  10. I have a duty to speak out, says Leung

    Posted Jul 17th 2011, 12:00am

    ... as criticism.' Leung said Exco members had a duty to participate in discussions on social issues and speak out. An advocate of the minimum wage law, he said: 'The majority of businessmen do not know ...




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