Paul Chan Waxes Lyrical On HK's Fertile Soil

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2019-02-24 HKT 11:48

Share this story

facebook

  • Chan will deliver his maiden budget on Wednesday. File photo: RTHK

    Chan will deliver his maiden budget on Wednesday. File photo: RTHK

The Financial Secretary says the outlook for Hong Kong this year is uncertain, and that it's a "critical stage" with both danger and opportunities.

Writing on his blog, Paul Chan said he's chosen light green for the cover of his budget speech to be delivered on Wednesday.

He explained that it symbolises that Hong Kong is like a fertile soil, but people still need to sow, irrigate and work hard to have a good harvest.

He noted that he has already responded to proposals put forward by different citizens and sectors in the budget.

Chan had earlier said that Chan also he hoped people will see his maiden budget as a “pragmatic” financial blueprint that reflects social needs and prepares Hong Kong for long-term challenges.

RECENT NEWS

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