| The government has been urged
to introduce short-term
measures to restore investor
and businesses confidence in
the financial market. The call
was made by the Hong Kong
General Chamber of Commerce
ahead of Wednesday's policy
address. Its chairman, Andrew
Brandler, said bank deposit
insurance, for example, should
be increased substantially
from the current 100-thousand
dollars. Mr Brandler said the
government should also ensure
small and medium enterprises
could continue their
businesses when banks were
reluctant to lend money. But
in the long run, Mr Brandler
said a broader tax base was
needed to ensure a sound
financial structure. |
