Financial secretary meets filibuster lawmakersFriday, 10 May, 2013, 4:43am
Incoming chief executive C.Y. Leung announced his new government line-up yesterday, and John Tsang Chun-wah is to stay on as financial secretary.
'In the coming few years, the economy of our globalised world will be undoubtedly clouded by uncertainties and volatilities,' Tsang said. 'We in Hong Kong will face unprecedented challenges.'29 Jun 2012 - 12:00am
John Tsang Chun-wah's fifth budget speech was full of dire warnings about hard economic times ahead.
Yet although the financial secretary promised HK$80 billion of relief measures to help businesses and households cope with the expected downturn, yesterday's budget will do little to boost Hong Kong's economy over the longer term.2 Feb 2012 - 12:00am
'Indeed, Dubai IFC [International Financial Centre] and Hong Kong have much in common as financial centres. We have both built and developed our financial architecture around our core belief in the free market. Our regulatory frameworks and financial markets follow the best international standards and practices.8 Apr 2008 - 12:00am
Extending Hong Kong's traditional retirement age was 'worth serious consideration' given the city's ageing population and its need to attract more talent, Financial Secretary John Tsang Chun-wah said yesterday.7 Mar 2008 - 12:00am
Pan-democrats are planning a united effort to press for an increase in the old-age allowance, a request denied in the budget.
Legislator Lee Cheuk-yan, of the Confederation of Trade Unions, said pan-democratic legislators would meet today to discuss how to fight for lifting the allowance to HK$1,000 a month.29 Feb 2008 - 12:00am
HK$75 billion in budget handouts for everyone; 75pc tax rebate; duty on wine and beer scrapped; HK$50 billion set aside for future health care fund
The finance chief rolled out a please-all maiden budget yesterday, with a HK$125 billion package of tax cuts, subsidies and investment that will take the government balance sheet into deficit in the coming financial year.28 Feb 2008 - 12:00am
Nearly half a million elderly people will receive a one-off old-age-allowance bonus of HK$3,000. Officials will also complete a review of the scheme by the end of the year.
The initiative will cost the government HK$1.5 billion and benefit more than 470,000 recipients.28 Feb 2008 - 12:00am
No fresh beef will be available for sale in Hong Kong today, and the retail price of pork jumped more than 10 per cent yesterday.
The major livestock importer said bad weather had disrupted the supply of live cattle and pigs.17 Jan 2008 - 12:00am
John Tsang Chun-wah was certainly not sweet-talking media bosses when he used a speech last week to dwell on the power of the press and broadcasters to shape politics.9 Dec 2007 - 12:00am