Pan-dems Leave CSSA Meeting Empty-handed
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "http://newsstatic.rthk.hk/audios/mfile_1439791_1_20190124185214.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'http://news.rthk.hk/rthk/en/component/k2/1439791-20190124.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','http://news.rthk.hk/rthk/en/component/k2/1439791-20190124.htm', 'DCS.dcsqry', '' ); } } }); }); });
2019-01-24 HKT 18:52
Pro-democracy lawmakers were left disappointed on Thursday when a meeting with acting Chief Executive Matthew Cheung on planned changes to welfare benefits didn't bear fruit.
Cheung had agreed to meet the camp despite insisting that the government would not budge on its plan to increase the minimum age for receiving elderly CSSA payments from 60 to 65. The change is to come into effect on February 1.
Only six pro-democracy lawmakers took up the offer of a meeting on the issue and they were unhappy with how it went.
"We spent a lot of time asking for figures, they don't have any figures," Civic Party lawmaker Kwok Ka-ki complained.
Following criticism from parties across the political spectrum, the government announced a new subsidy for those affected by the CSSA change. But Kwok said there had been no consensus among lawmakers that this would be sufficient.
He lamented that the administration could not promise the pan-dems a meeting with Chief Executive Carrie Lam to discuss the move, even though she had held talks on the issue with pro-establishment lawmakers.
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
Do Kwon Faces Possible Trial In Korea After US Conviction
Do Kwon, the crypto tycoon behind the 2022 collapse of TerraUSD and Luna, caused an estimated US$40 billion in investor... Read more
Startale, SBI Holdings To Develop Japans Regulated Yen Stablecoin
Startale Group and SBI Holdings have signed a MoU to jointly develop and launch a fully regulated Japanese yen-denomina... Read more
KakaoBank Expands In Indonesia Through Superbank Partnership
KakaoBank, South Korea’s largest internet-only bank, is accelerating its global expansion through a deepened partners... Read more