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Wealth gap figures / Funding of dog shelters
2024-07-15
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Wealth gap figures / Funding of dog shelters
2024-07-15
On Monday’s Backchat, we’re talking about Hong Kong’s wealth gap.
A new survey by Swiss investment bank UBS found that wealth inequality in Hong Kong's had dropped by 6% over the last 15 years, in contrast to Singapore which saw a 23% increase.
Analysts say this may reflect the fall in local property prices as well as the emigration of wealthy Hong Kongers, in some cases to Singapore.
But while the wealth gap, which only measures inequality in assets, has fallen an earlier report from Oxfam found that the income gap continues to grow, with Hong Kong’s poorest now earning almost 60 times less than Hong Kong’s richest.
So how does Hong Kong compare to other parts of the world? We'll find out.
After 9:45, we talk about the fate of the city's dog shelters, with some running out of cash.
9:05am-9:45am: Wealth gap figures
9:05am-9:30am: Prof Wong Yu Cheung, Dean of the Felizberta Lo Padilla Tong School of Social Sciences, St Francis University
9:17am-9:30am : Sze Lai Shan, Deputy Director, The Society for Community Organisation
9:30am-9:45am: Vera Yuen, Lecturer in Economics, HKU Business School, The University of Hong Kong
9:45am-10:00am: Funding of dog shelters
9:45am-10:00am: Narelle Pamuk, Chairperson of the Sai Kung Stray Friends Association
A new survey by Swiss investment bank UBS found that wealth inequality in Hong Kong's had dropped by 6% over the last 15 years, in contrast to Singapore which saw a 23% increase.
Analysts say this may reflect the fall in local property prices as well as the emigration of wealthy Hong Kongers, in some cases to Singapore.
But while the wealth gap, which only measures inequality in assets, has fallen an earlier report from Oxfam found that the income gap continues to grow, with Hong Kong’s poorest now earning almost 60 times less than Hong Kong’s richest.
So how does Hong Kong compare to other parts of the world? We'll find out.
After 9:45, we talk about the fate of the city's dog shelters, with some running out of cash.
9:05am-9:45am: Wealth gap figures
9:05am-9:30am: Prof Wong Yu Cheung, Dean of the Felizberta Lo Padilla Tong School of Social Sciences, St Francis University
9:17am-9:30am : Sze Lai Shan, Deputy Director, The Society for Community Organisation
9:30am-9:45am: Vera Yuen, Lecturer in Economics, HKU Business School, The University of Hong Kong
9:45am-10:00am: Funding of dog shelters
9:45am-10:00am: Narelle Pamuk, Chairperson of the Sai Kung Stray Friends Association
Backchat is RTHK Radio 3's week-daily current affairs discussion programme, with expert panels and listener participation. It airs every Monday to Friday from 9.05am - 10am (HKT).
Have your say by calling us on 233 88 266, find us on Facebook - Backchat on RTHK Radio 3, or email backchat@rthk.hk
Listen live on Radio 3's homepage - www.rthk.hk/radio/radio3
The Backchat podcast is available after each live broadcast
Have your say by calling us on 233 88 266, find us on Facebook - Backchat on RTHK Radio 3, or email backchat@rthk.hk
Listen live on Radio 3's homepage - www.rthk.hk/radio/radio3
The Backchat podcast is available after each live broadcast