More People Could Soon Qualify For A Public Flat
"); jQuery("#212 h3").html("

"); });
2019-02-25 HKT 19:06
The Housing Department has proposed a relaxation in the eligibility requirements for public rental flats which would allow thousands more people to apply.
Officials wants to raise the income ceiling by an average 4.2 percent, and the assets limit by 3.1 percent.
Under the proposal, a family of four would be eligible for a public flat if their income is no more than HK$29,240 and they have assets under HK$348,000.
If approved, the move would allow more than 160,000 households currently in the private rental market to apply for public housing.
The proposal is due to be discussed at a Housing Authority committee meeting next month
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more
