• Thu
  • Aug 21, 2014
  • Updated: 2:19pm

Subsidies

Does the yuan matter?

The mainland's currency policy is not worth the attention it is getting. It is not at all important compared with other market distortions in the Chinese economy, and it is not even very important in how China affects the world economy.

Tuesday, 25 March, 2014, 2:13am 6 comments

Scheme to help Fa Yuen Street fire victims 'just not enough'

The United Hawkers Development Platform and Chan Kong-chiu, a Fa Yuen Street hawker of 36 years, said the government's scheme to subsidise improvements to the stalls of the city's 4,300 hawkers in the 43 fixed-pitch hawker areas was not thorough enough.

25 Mar 2013 - 5:30am 1 comment

Increasing childcare subsidies could help future generations excel

Financial Secretary John Tsang Chun-wah warned in his budget speech about the challenges Hong Kong faces because of a shrinking labour force and an ageing population. Officials say this pattern will produce an unsustainable economic burden on those of working age. If so, this is a threat to our social development.

13 Mar 2013 - 3:00am 2 comments

Psoriasis patients seek subsidies for medication

When Gary Lai first came down with the skin disease psoriasis, he got so tired of the stigma he faced in the outside world that he would lock himself away in his apartment whenever he didn’t have to be at work.

26 Nov 2012 - 1:45pm

End subvention debate so ESF can move on

It's that time of year again. The English Schools Foundation subvention is on the Education Bureau's agenda and there is a media feeding frenzy. We welcome the debate because our 13,000 students are important to Hong Kong's future.

21 Nov 2012 - 2:55am 13 comments

Why ESF subsidy being phased out

I refer to the report ("ESF must provide local curriculum, Eddie Ng says", November 1) and your editorial ("Subsidise and reform the ESF", November 10).

19 Nov 2012 - 3:23am

Fruit money for all worth the price

Our social welfare system, especially for the elderly poor, is bureaucratic, mean and insufficient for a decent living. That is why activists and many political parties across the ideological spectrum are calling for what amounts to a doubling of so-called fruit money for those over the age of 70 by scrapping a proposed means test for the new subsidy. To cut a long story short, they are right.

10 Oct 2012 - 3:14am 4 comments

Cash-for-flats model is superior to Home Ownership Scheme

The mainland currently provides subsidised rental housing as well as more upmarket housing for sale at subsidised prices - equivalent to the Home Ownership Scheme (HOS) in Hong Kong.

For almost a decade, Hong Kong provided subsidised public housing for rent only, but it recently revived the HOS in response to vocal demand for assisted home ownership.

19 Sep 2012 - 2:45am 1 comment

China takes subsidies complaint to WTO

China filed a World Trade Organisation case yesterday challenging US anti-dumping measures on billions of dollars of kitchen appliances, paper and other goods, adding to trade strains.

Beijing's move came shortly before US President Barack Obama's administration filed its own WTO case accusing China of improperly subsidising exports of cars and car parts.

18 Sep 2012 - 3:37am

63 more schools plan to raise fees

More parents at international and direct subsidy schools face single-digit percentage rises in tuition fees this year if the Education Bureau approves their applications for higher charges.

15 Sep 2012 - 3:47am 1 comment

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