Topic
TOPIC
- Financial Secretary Paul Chan says city will tap into the opportunities presented by the ‘green wave’
- The ambitious target was announced in Chief Executive Carrie Lam’s policy address in November, and followed a similar one from Beijing
The Hong Kong Growth Portfolio, similar to Singapore’s sovereign wealth fund Temasek, will invest in projects centred on lifting competitiveness.
The Hong Kong Growth Portfolio, similar to Singapore’s sovereign wealth fund Temasek, will invest in projects centred on lifting competitiveness.
The latest beneficiaries had registered with the relief scheme on or before July 18. But delays can be expected for some residents in Wong Tai Sin district, which has been hard hit by the latest wave of Covid-19 outbreak.
The latest beneficiaries had registered with the relief scheme on or before July 18. But delays can be expected for some residents in Wong Tai Sin district, which has been hard hit by the latest wave of Covid-19 outbreak.
The government’s cash payout scheme, which opened for applications on June 21, received more than 5.5 million registrations by 5pm on Thursday, with 85 per cent made online through banks.
The government’s cash payout scheme, which opened for applications on June 21, received more than 5.5 million registrations by 5pm on Thursday, with 85 per cent made online through banks.
The combined happiness level of those who pledged their HK$10,000 handout and recipients of their kindness in a pilot scheme was significantly higher than if those who did not really need the cash held on to it.
The combined happiness level of those who pledged their HK$10,000 handout and recipients of their kindness in a pilot scheme was significantly higher than if those who did not really need the cash held on to it.
Finance secretary tells Post the monetary authority will be ‘open and transparent’ in choosing who works with Hong Kong Growth Portfolio.
Finance secretary tells Post the monetary authority will be ‘open and transparent’ in choosing who works with Hong Kong Growth Portfolio.
Finance minister Paul Chan announces June 21 launch date for government scheme, with city’s banks signing on to help distribute funds.
Finance minister Paul Chan announces June 21 launch date for government scheme, with city’s banks signing on to help distribute funds.
Budget covers cash handouts, tax breaks and subsidies to offset economic blow from coronavirus pandemic. Bill approved after three weeks of debate that saw pro-establishment and opposition camps accuse each other of undermining the city.
Budget covers cash handouts, tax breaks and subsidies to offset economic blow from coronavirus pandemic. Bill approved after three weeks of debate that saw pro-establishment and opposition camps accuse each other of undermining the city.
Financial Secretary Paul Chan says economy could shrink by between 4 and 7 per cent and impact of coronavirus will be ‘more serious and long-lasting’ than first thought.
Financial Secretary Paul Chan says economy could shrink by between 4 and 7 per cent and impact of coronavirus will be ‘more serious and long-lasting’ than first thought.
Pan-democrat takes aim at controversial Lantau reclamation project, while pro-establishment pol sees value in value-added tax.
Pan-democrat takes aim at controversial Lantau reclamation project, while pro-establishment pol sees value in value-added tax.
Granting a partial refund on tuition fees, as compensation for class disruption due to the protests and coronavirus outbreak, would not go far enough. Non-local students would also need to stay on longer to find a job amid a recession.
Granting a partial refund on tuition fees, as compensation for class disruption due to the protests and coronavirus outbreak, would not go far enough. Non-local students would also need to stay on longer to find a job amid a recession.
Carrie Lam, who now earns HK$5.21 million annually, is among the highest-paid political leaders in the world.
Carrie Lam, who now earns HK$5.21 million annually, is among the highest-paid political leaders in the world.
Although taxation is highly effective in reducing tobacco use among young people, the last substantial increase in tobacco tax was more than eight years ago. Cigarettes are even more accessible to young people today than in the 1990s.
Although taxation is highly effective in reducing tobacco use among young people, the last substantial increase in tobacco tax was more than eight years ago. Cigarettes are even more accessible to young people today than in the 1990s.
The HK$215.9 billion proposal would fund necessary government operations until the full budget unveiled in February can be approved.
The HK$215.9 billion proposal would fund necessary government operations until the full budget unveiled in February can be approved.
Government source raises alarm on ‘allocation warrants’ in which departments foot the bill for each other, as lawmaker questions if force has abused practice.
Government source raises alarm on ‘allocation warrants’ in which departments foot the bill for each other, as lawmaker questions if force has abused practice.
Financial Secretary Paul Chan also promises that the government will create more jobs as he sets out his views in a panel discussion held by the Post as part of its Redefining Hong Kong series.
Financial Secretary Paul Chan also promises that the government will create more jobs as he sets out his views in a panel discussion held by the Post as part of its Redefining Hong Kong series.
It’s clear from the fund allocation that the government has been outsourcing youth engagement to the NGO sector. This practice must stop if it genuinely wishes to address young people’s discontent.
It’s clear from the fund allocation that the government has been outsourcing youth engagement to the NGO sector. This practice must stop if it genuinely wishes to address young people’s discontent.
Paul Chan points to bleak adjustments on growth by economic agency and IMF, as well as lowered interest rates in central banks of Western countries.
Paul Chan points to bleak adjustments on growth by economic agency and IMF, as well as lowered interest rates in central banks of Western countries.
Lawmakers admit Hong Kong, world’s most expensive city, is ill-equipped to deal with high rate of jobless.
Lawmakers admit Hong Kong, world’s most expensive city, is ill-equipped to deal with high rate of jobless.
It is the government’s duty to protect the welfare of low-skilled workers. It must have companies pledge not to lay off workers, in exchange for aid.
It is the government’s duty to protect the welfare of low-skilled workers. It must have companies pledge not to lay off workers, in exchange for aid.
The government’s funding pledge to promote youth entrepreneurship and promote upward mobility is welcome, but the lack of information for non-Chinese speakers hampers access by ethnic minority youth.
The government’s funding pledge to promote youth entrepreneurship and promote upward mobility is welcome, but the lack of information for non-Chinese speakers hampers access by ethnic minority youth.
Officials to use Community Care Fund to deliver one-off payment to less advantaged Hongkongers without permanent residency.
Officials to use Community Care Fund to deliver one-off payment to less advantaged Hongkongers without permanent residency.
With government revenue from land sales expected to drop in years ahead, residents may be forced to pay higher taxes or back massive reclamation project.
With government revenue from land sales expected to drop in years ahead, residents may be forced to pay higher taxes or back massive reclamation project.
As the coronavirus outbreak has caused an unprecedented amount of suffering, the Hong Kong government should help the people of Hubei and express the goodwill of Hong Kong society, which has a tradition of supporting compatriots in need.
As the coronavirus outbreak has caused an unprecedented amount of suffering, the Hong Kong government should help the people of Hubei and express the goodwill of Hong Kong society, which has a tradition of supporting compatriots in need.
Police Commissioner Chris Tang also hits back at critics of his Jackie Chan remarks and admits flaws in his coronavirus response.
Police Commissioner Chris Tang also hits back at critics of his Jackie Chan remarks and admits flaws in his coronavirus response.
Many are waiting for more than 10 years for a promotion and will jump ship at any time, Arisina Ma of Hong Kong Public Doctors’ Association says.
Many are waiting for more than 10 years for a promotion and will jump ship at any time, Arisina Ma of Hong Kong Public Doctors’ Association says.
This year’s budget was an extraordinarily tough fiscal balancing act for Financial Secretary Paul Chan, and the government has to be careful not to send out a message to the private sector that the time for pay cuts has arrived.