Hong Kong Embraces Tech for Mail Service Improvements

Hong Kong Embraces Tech for Mail Service Improvements

Hong Kong Using Tech for Mail Service Improvements Hongkong Post, the city’s renowned postal service, is making significant strides in keeping up with the rapid growth of e-commerce. The postal service leverages smart technology for improved efficiency and enhanced customer experience. According to Hong Kong government, these solutions would also consider workplace safety.   iPostal…

Career Let’s Go Programme Launched to Help Youths Enter the Job Market

Career Let’s Go Programme Launched to Help Youths Enter the Job Market

Labour Department’s Special Career Let’s Go Programme to Support Secondary School Graduates The Hong Kong Labour Department has announced the launch of the special Career Let’s Go programme. The programme aims to assist secondary school graduates prepare for their professional careers. It does so by providing a range of pre-employment training and employment services to…

Family Office Tax Exemption Passed

Family Office Tax Exemption Passed

Hong Kong to Be More Favorable for Family Businesses With the Family Office Tax Exemption The Hong Kong Legislative Council has passed the Inland Revenue (Amendment) (Tax Concessions for Family-owned Investment Holding Vehicles) Bill 2022. The bill amends the Inland Revenue Ordinance to offer tax benefits for eligible family-owned investment holding vehicles (FIHVs) in Hong…

Hong Kong Maintains Fourth-Place in Global Financial Centres Index 32 Report

Hong Kong Maintains Fourth-Place in Global Financial Centres Index 32 Report

Hong Kong Retains Fourth-Place Ranking in Global Financial Centres Index 32 Report Hong Kong retains its fourth-place ranking in the Global Financial Centres Index 32 report. Rankings improved in infrastructure, business environment, reputation, and financial sector development. The rankings reflect Hong Kong’s strength as a major global financial centre. The Hong Kong government adopted proactive…

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…