Monday, May 25, 2015   

Subsidy will reduce the poverty rate, says Carrie Lam
(01-16 18:04)

The government has said that a proposed new subsidy for poor working families will bring 38,000 households to, or above the poverty line, and reduce Hong Kong's overall poverty rate by 2.1 percent to 13.1 percent.
However, Chief Secretary Carrie Lam Cheng Yuet-ngor said on Thursday that the estimates were not rigid targets.
She also insisted that the low-income working family allowance -- which will cost the government HK$3 billion a year -- was affordable. --RTHK   
Other Hong Kong breaking news:
Max Mara and Renzo Piano unveil one of a kind work of art (05-22 18:52)
Max Mara opens flagship in commercial hub (05-22 18:41)
Access to cross-border funds will widen product range and expand client base, officials say (05-22 18:27)
Justice minister defends action against protesters (05-22 17:42)
20 children at Tai Po kindergarten infected with foot and mouth disease (05-22 16:34)
Cathay, union to hold talks on Wednesday (05-22 15:12)
Send the mainland-born boy back, says activist (05-22 14:31)
High Court starts hearing on review plea over reform (05-22 14:28)
Labor chief says nurturing local talent a priority (05-22 11:30)
HK-bound illegal sea cucumber haul seized in Mexico (05-22 10:02)

More breaking news >>

© 2015 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2015, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.