Finance chief Paul Chan says plan to tax Hong Kong property owners hoarding vacant flats not just a money-spinner

Hong Kong’s financial chief Paul Chan Mo-po on Thursday made a strong case for the government’s plan to tax property owners hoarding vacant flats, saying it was not to enrich its coffers but to ensure sufficient housing, as more than 28,000 new homes …
( read original story …)


Related Post

Hong Kong housing prices could fall 25 percent nex...
views 12
Hong Kong housing prices face a potential slump of...
Paul Scholes, Former Manchester United Star, to Su...
views 17
A Hong Kong-based startup is aiming to integrate b...
Hong Kong Open: PV Sindhu crashes out after losing...
views 17
Sindhu on Wednesday had defeated Thailand`s Nitcha...
Hong Kong: Drop “chilling” prosecution of pro-demo...
views 15
The Hong Kong government must drop the politically...
Hong Kong-based blockchain startup AERGO raises US...
views 16
AERGO’s architecture will allow enterprises to tra...
Hong Kong thrash Mongolia 5-1 in their EAFF Champi...
views 16
Hong Kong were on the attack from the start, testi...
Sands Resorts Macao’s vegan ‘pork bun’ marks start...
views 16
“We went from being the ‘weird people’, the minori...
Hong Kong stocks start down after surge
views 17
Hong Kong stocks edged down in the first few minut...
Hang Seng completes pilot trade transaction on new...
views 17
Hang Seng Bank has completed a pilot trade transac...
Hong Kong business leader urges government to revi...
views 17
Hong Kong General Chamber of Commerce wants the go...