More Public Spending A Must, Say Demonstrators
"); jQuery("#212 h3").html("
"); });
2018-02-25 HKT 13:33
Share this story
The Society for Community Organisation, or SoCo, on Sunday staged a protest outside government headquarters, demanding more public spending in the upcoming budget.
The protesters included people from low-income households, subdivided flats tenants and the homeless. They said the administration should respond to their plight by giving them more relief measures with its huge surplus.
Community organiser Ng Wai Tung noted that the Community Care Fund's living subsidy scheme for the so-called "N-nothings", or people who don't get any kind of welfare help from the authorities, ended two years ago.
He said he thinks the scheme should make a comeback in this budget.
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more