Sunday, November 29, 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:
Traders and food businesses rake in HK$5.2 trillion (11-27 17:36)
Villagers and developer convicted for village house scam (11-27 16:59)
Mainlander who laundered HK$2.5b jailed (11-27 16:20)
Leung Kwok-hung ejected from Legco lunch (11-27 16:18)
ATV exec Ip Ka-po convicted over delayed staff pay (11-27 16:17)
Another leaked HKU audio clip suggests legal action move (11-27 13:11)
Airport terminal cost blowout reaches HK$16.5b (11-27 12:58)
Hong Kong trade slide continues in October (11-26 17:01)
Unsteady island seen as cause of bridge delay (11-26 16:46)
Elderly Wong Tai Sin wife killer jailed (11-26 13:45)

More breaking news >>

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