Latest from Kalina Tsang
The government has been protecting employers against the Covid-19 fallout, but it should help the unemployed and underemployed too. One way is to offer unemployment insurance, as other advanced economies are doing.
The government has been protecting employers against the Covid-19 fallout, but it should help the unemployed and underemployed too. One way is to offer unemployment insurance, as other advanced economies are doing.
The city must set up a public central register of beneficial owners to make it less attractive as a tax haven, making it harder to move dirty money.
The city must set up a public central register of beneficial owners to make it less attractive as a tax haven, making it harder to move dirty money.
More than a million people live in poverty in Hong Kong, with the working poor making up a large percentage of this number. When the statutory minimum wage was implemented in 2011, many had high hopes.
More than a million people live in poverty in Hong Kong, with the working poor making up a large percentage of this number. When the statutory minimum wage was implemented in 2011, many had high hopes.
Developed countries like the US, Britain, Ireland and New Zealand all have low-income family subsidy schemes or tax credits to tackle poverty among the working poor and encourage people to find work. Yet in Hong Kong, a place that values the work ethic, there are no similar measures to support the more than 170,000 working poor families - equivalent to half the poor population.
Developed countries like the US, Britain, Ireland and New Zealand all have low-income family subsidy schemes or tax credits to tackle poverty among the working poor and encourage people to find work. Yet in Hong Kong, a place that values the work ethic, there are no similar measures to support the more than 170,000 working poor families - equivalent to half the poor population.