Hong Kong will retain the eligibility age for the HK$2 (26 US cents) public transport concessionary fare while overhauling other aspects of the scheme, despite data showing that younger users account for the bulk of the subsidy expense, the welfare minister has said. Chris Sun Yuk-han said on Saturday that society should not distinguish among…
Hong Kong will retain the eligibility age for the HK$2 (26 US cents) public transport concessionary fare while overhauling other aspects of the scheme, despite data showing that younger users account for the bulk of the subsidy expense, the welfare minister has said. Chris Sun Yuk-han said on Saturday that society should not distinguish among…
Hong Kong’s surprise move to ease mortgage restrictions aims to restore “normality” in the sluggish property market and bolster investor confidence, the finance minister has said. Financial Secretary Paul Chan Mo-po also said on Friday that relaxing rules for a cash-for-residency scheme, which will now cover investments in luxury homes, would lure more applicants without…