No plans to resume HOS, housing official reiterates
Thomas Chan Chun-yuen, permanent secretary for transport and housing, said the government had no plan to resume sales of flats under the Home Ownership Scheme. He told a regular Housing Authority open meeting that the property market was stable and the supply of public housing was sufficient to meet demand in the next five years. A group representing public housing tenants marched to government headquarters, demanding the scheme and another under which tenants can buy public rental flats be restarted.
Bankers arriving for credit union conference
Bankers and economists from more than 50 countries will descend on Hong Kong on Sunday for the four-day World Credit Union Conference. The conference will focus on issues such as the impact of rural co-operatives on the mainland's future, mobile banking and business and technology trends. Among the featured speakers are Wu Xiaoling , vice-chairman of the finance and economic committee of the National People's Congress, and former US senator Paul Sarbanes, who co-authored the Sarbanes-Oxley Act regulating US companies' financial reporting.
Nepali, Urdu radio shows to start on RTHK
Two radio programmes - Saptahik Sandesh, or 'Weekly Message', in Nepali and Hong Kong Ki Shaam, or 'Hong Kong This Evening', in the Pakistani language Urdu - will be launched on RTHK tomorrow as part of a government policy to enhance ethnic minorities' sense of belonging to Hong Kong. The programmes will feature music, news, current affairs and information about community services relevant to ethnic minority communities. Saptahik Sandesh will be broadcast on RTHK Radio 3's AM band (frequency 567) on Sundays at 7.05pm and Hong Kong Ki Shaam on Sundays at 7.30pm.