Hundreds of low-income residents in Chengdu , Sichuan , received 100 yuan (HK$113) municipal government vouchers on Monday to spend at supermarkets and chain stores as part of government efforts to boost consumption.Wednesday, 17 December, 2008, 12:00am
First, the good news: there are far fewer poor people in Asia than we thought.
Now the bad: the number is growing rapidly.28 Aug 2008 - 12:00am
The mainland's economy could be hurt by soaring inflation and a possible stock market downturn, the Asian Development Bank warned yesterday as it lifted its forecast on the country's economic growth this year to 11.2 per cent.
Inflation was expected to hit 4.2 per cent this year, above the government's target of less than 3 per cent, on higher food prices, the ADB said.18 Sep 2007 - 12:00am
Julia Moneylyn smiles. Dirt smeared all over her face, the 26-year-old mother of two appears happy as she buys bread and milk powder for her children. The few pesos needed came from a tourist, who nonchalantly answered her plea for money.25 May 2007 - 12:00am
Asians should be proud and happy: a little belatedly, the era of Asia is about to happen. By 2020, it will account for almost 45 per cent of total global gross domestic product, 35 per cent of world trade, be a major magnet for private capital and a force to reckon with in world affairs.5 May 2007 - 12:00am
Deal part of US$149m package to fund company's projects
China Gas Holdings, the mainland municipal gas distributor, sold a 4.88 per cent stake to the Asian Development Bank for about US$24 million as part of a package that will pump US$149 million in fresh capital into the company.1 Sep 2006 - 12:00am
Economists are typically careful in their judgments, so it is no surprise that two economic surveys released in the past week sound notes of caution about Hong Kong's prospects in the coming months. But there is another way of looking towards the future - to see the recovery glass as half full, rather than half empty.8 Apr 2005 - 12:00am
The Asian Development Bank is discussing with the Ministry of Finance a plan to raise 1 billion yuan in bonds to stimulate private-sector growth in China.
The bond issue - pending approval by the ministry - could take place as early as the end of this year. The bank says the issue would also help develop the bond market on the mainland.
Full report - A412 Jun 2004 - 12:00am
Bank hopes yuan fund will boost securities market and stimulate private sector
The Asian Development Bank plans to raise 1 billion yuan in bonds to stimulate private-sector growth in China, ADB officials said yesterday.12 Jun 2004 - 12:00am
Monday, Feb 2, HK: The Hong Kong General Chamber of Commerce hosts a roundtable luncheon entitled 'Explore New Opportunities to do Business in the New Europe'. Visit www.chamber.org.hk for details.31 Jan 2004 - 12:00am