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Newswrap
Newswrap
Description:
Our main evening newscast. Weekdays 18:00 - 19:00.
Presenter:
RTHK Newsroom

2019-02-14
Newswrap

Now playing: 足本播放 Play full episode
Selected audio segments:
Risky MPF products don’t make sense: Nelson Chow  Listenfacebook
A government advisory group is suggesting that authorities should relax restrictions on MPF managers to allow them to invest in riskier funds with higher potential returns than they're allowed to at present. The Financial Services Development Council says MPF account holders should have the choice of investing in all financial products that have been approved by the Securities and Futures Commission for retail investors. It says this would be one way to encourage people to put more money into their retirement savings accounts. But a welfare expert, Professor Nelson Chow, says this isn't a good idea:
Government expected to back golf course development plan  Listenfacebook
The head of the government-appointed Land Supply Task Force, Stanley Wong, says he believes the government will ultimately adopt a controversial recommendation to develop part of the Fanling Golf Course for housing. The Chief Executive, Carrie Lam, has yet to respond to the group's proposals, more than a month after receiving its report on ways to address Hong Kong's acute land shortage. A member of the task force, Wong Kwun, has threatened to resign from the group if Mrs Lam rejects the golf course proposal. Stanley Wong told Ben Tse he's looking forward to hearing the government's response to their report:
Airbus to stop making struggling A380 superjumbo  Listenfacebook
European aviation giant Airbus has announced that it will stop making its A380 superjumbo airplane in 2021 for lack of customers, abandoning the world's biggest passenger jet and one of the aviation industry's most ambitious and most troubled endeavors. Barely a decade after the 500-plus-seat plane started carrying passengers, Airbus said in a statement that key client Emirates is cutting back its orders for the plane, and as a result, there's no basis to sustain production. Annemarie Evans put it to David Baker, the UK-based editor of Spaceflight Magazine, and the former editor of Aviation News, that the A380 never shed its reputation as the white elephant of the skies: