Hong Kong Government Forms Youth Entrepreneurs Alliance

Hong Kong Government Forms Youth Entrepreneurs Alliance

Youth Entrepreneurs Alliance in Hong Kong to Offer Comprehensive Support The recently launched Youth Entrepreneurs Alliance in Hong Kong encourages youth to participate actively in the economy. The launch ceremony, named the Alliance of Hong Kong Youth Innovation and Entrepreneurial Bases in the Greater Area Bay, was officiated by Hong Kong’s Chief Secretary, Chan Kwok-ki.…

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Supplementary Labour Scheme Launched in Hong Kong

Supplementary Labour Scheme Launched in Hong Kong

Hong Kong’s Supplementary Labour Scheme Gets Enhancements The workforce shortage could be problematic if unaddressed, due to which the Hong Kong government is enhancing its current supplementary labour scheme. It will be introducing labour importation schemes for the construction and transport sectors. The government’s Chief Executive says that many sectors in Hong Kong are experiencing…

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Hong Kong Work Injury Compensation Increases

Hong Kong Work Injury Compensation Increases

Hong Kong Government Announces the Increase in Work Injury Compensation The Labour Department has announced an increase in compensation levels for work injuries and occupational diseases, providing enhanced protection for employees. Legislative resolutions have raised the levels of 18 compensation items, benefiting injured workers and their families. This development will have a positive impact on…

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Hong Kong Government Earmarks $180 Million to Generate 1,500 New Jobs for the Financial Services Industry

Hong Kong Government Earmarks $180 Million to Generate 1,500 New Jobs for the Financial Services Industry

Financial Services Industry Gets Government Aid Amid Pandemic The Hong Kong government is allocating a $180-million budget to generate 1,500 new jobs for the financial services industry amid the high unemployment due to the coronavirus pandemic. The Secretary for Financial Services and the Treasury said that the financing was under the government’s anti-epidemic fund. The…

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Employment Support Scheme Package

Employment Support Scheme Package

Employment Support Scheme Package in Hong Kong – The Financial Support to Employers   The Government is Offering Limited-time Financial Support for Businesses in Need Hong Kong’s Government has announced the Employment Support Scheme Package which will provide financial support for a limited-time to employers. The packaged is valued at $81 billion and aimed to…

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