The government is set to improve district councillors' remuneration packages, and this could include a HK$6,000 rise in their operating expenses subsidy to help them with their office rent.
- Wed
- Jun 19, 2013
- Updated: 7:32am
Trending topics
19 May 2013
The game show here is that our government offers a three-year HK$10 billion bond issue, available in allotments of HK$10,000, which pays a coupon of the rate of consumer price inflation or a...
3:55AM
13 May 2013
The budget bill could not be passed by Wednesday even if the weeks-long filibuster ended, Legislative Council president Jasper Tsang Yok-sing said. Officials have warned that funding for public...
5:24AM
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13 May 2013
After extensive consultation, co-ordinated by the National Development and Reform Commission, the long-term plan for China's urbanisation is being finalised. Behind all the complex issues is one...
1:52AM
2 May 2013
Some government department and publicly funded bodies may have to dip into their own reserves to maintain necessary services next month if the Legislative Council fails to pass the budget bill by...
5:09AM
25 Apr 2013
When you read about cases like that of 87-year-old Lee Lan and her middle-aged son who suffers from Down's Syndrome, it makes your blood boil. He has been on a government waiting list for almost a...
3:03AM
The days of belt-tightening are finally here. China's latest fiscal data shows that, in the first quarter of this year, public revenue grew by only 6.9 per cent, down 7.8 percentage points from a...
3:03AM
Lou, known for his reformist outlook and preference for a market-oriented economy, was a deputy finance minister for 10 years before becoming head of China Investment Corp (CIC), the mainland's...
7:01AM
For policymakers, the question often arises, should policy dictate budgets or should budgets dictate policy? For natural-born political leaders, the former is axiomatic. For Hong Kong policymakers...
2:21AM
Once again talk is going round in government circles that Hong Kong's tax base is too narrow. It offends the official mind that fewer than 1.5 million Hongkongers - less than 40 per cent of the...
7:47AM
The Housing Authority has a five-year rolling public housing construction programme. This is reviewed and adjusted annually in accordance with the latest demand and supply situation.
3:00AM
Hong Kong is looking overseas for inspiration on how to cope with the long-term financial burden of its rapidly ageing population. In his budget plan last month, Financial Secretary John Tsang...
11:03AM
6:30AM
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