• Fri
  • Aug 22, 2014
  • Updated: 6:11pm

Poverty in Hong Kong

Firms shine light on social impact

University lecturer Stephen Wong Yuen-shan says the Nobel prize-winning economist Milton Friedman missed the point in his doctrine that the only social responsibility of business was to increase profits.

Saturday, 15 June, 2013, 4:14am

Fighting poverty needs 'more than money'

Hong Kong businesses should play a bigger role in the fight against poverty, and that doesn't mean writing bigger cheques, the Bauhinia Foundation Research Centre has said.

3 Jun 2013 - 7:32am 2 comments

Lawmakers' poverty fact-finding trip to Europe is scrapped

Lawmakers have scrapped plans for a week-long poverty fact-finding trip to Sweden and Finland, which could cost taxpayers HK$565,000. They decided the money would be better spent visiting Taiwan and Japan, which are more akin to Hong Kong.

26 May 2013 - 6:40am 11 comments

Pan-dems get a taste of their own medicine over costly poverty trip

When you spend too much time fighting an enemy, you become like him. That may be why a group of lawmakers led by prominent pan-democrats have decided to spend up to HK$560,000 of taxpayers' money to study poverty relief in Finland and Sweden, just about the most expensive countries you can visit.

13 May 2013 - 1:52am 19 comments

Lawmakers plan trip costing up to HK$560,000 to study poverty

Lawmakers are considering spending up to HK$560,000 of public money on a week-long trip to find ways to deal with one of Hong Kong's most pressing problems - poverty.

12 May 2013 - 6:05am 20 comments

Talking points

Foreign Minister Wang Yi sets out tomorrow to pay official visits to Thailand, Indonesia, Singapore and Brunei, returning to Beijing on May 5.

29 Apr 2013 - 2:06am

Budget promises bounty, but relief measures likely smaller

Relief measures, including the waiver of property rates and public housing rents, as well as a tax rebate, are expected to be unveiled by Financial Secretary John Tsang Chun-wah in the current administration's first - and his sixth - budget next Wednesday.

18 Feb 2013 - 8:24am 9 comments

Hong Kong political, charity groups urge using budget surplus on poor

Financial Secretary John Tsang had forecast a HK$3.4 billion deficit for the fiscal year, but revenue from land sales and stamp duties resulted in a HK$40 billion surplus in just the first three quarters. Political and charity groups urge Tsang to use the huge surplus to help lift the city's most vulnerable out of poverty.

18 Feb 2013 - 4:34am 3 comments

Poor Tin Shui Wai has priciest food

Tin Shui Wai - one of the city's poorest areas - has the highest grocery store food prices, with pork and beef prices more than 50 per cent higher than in other districts, a Labour Party survey has found.

12 Feb 2013 - 9:59am

Talking points

US President Barack Obama delivers his annual state-of-the-union speech to Congress, an opportunity to set out some of his priorities for his second term of office.

12 Feb 2013 - 2:45am