Issue: February 02, 2012 (Archive)

Sunday, May 26, 2013

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A class act for those caught in the middle
Alvin Lee Chi-wing's family of three, who make about HK$60,000 a month, have welcomed the tax relief measures.

Welcome relief
Middle-class citizens are rubbing their hands in anticipation after the financial secretary delivered an HK$80 billion package of one-off sweeteners and relief measures in his parting budget yesterday.

'Leap' for some, 'little' for others
The last budget of the current administration has received a mixed reaction.

Analysts warn of low yields for new iBonds
People looking to invest in the second batch of iBonds - inflation-linked debt paper issued by the government - should brace for a lower yield than that of the inaugural offer, analysts said.

$10b boost for Samaritan Fund
More patients who cannot afford treatment will benefit from a HK$10 billion injection to the Samaritan Fund over the next 10 years, John Tsang said.

HK$100b committed to help SMEs thrive
Small businesses, which employ half the private sector workforce, will get a helping hand including loan guarantees of up to 80 percent to weather the economic downturn and be eligible for tax rebates.

SAR told to prepare for sharp slowdown
Hong Kong will have to brace for the lowest growth in a decade.

Low-income earners get a helping hand
The underprivileged will receive a slew of one-off sweeteners.

Hospitals in makeover line
Kwong Wah Hospital is to have a new day-care center and non-radioactive cancer treatment facilities under an HK$8 billion redevelopment project to be completed over the next eight years, a top executive said.

New homes target set at 30,000 units
Land supply will be raised to build 30,000 private residential flats in the upcoming fiscal year, the government pledged yesterday.

More hotels to bring on 9,000 new rooms
Hong Kong's HK$250 billion tourism industry will cater to the accommodation needs of visitors by adding 9,000 more rooms in five years. But no new sites will be available in the new fiscal year.

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