Category: Uncategorized

Jan 10 2023

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Hong Kong group urges portability of social security benefits across Greater Bay Area

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Hong Kong’s pension fund industry group is calling on the governments of China, Hong Kong and Macau to make their pension benefits portable across the Greater Bay Area or GBA....

Jan 10 2023

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Hong Kong’s eMPF falls behind schedule, contractor PCCW gets warning

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Hong Kong’s PCCW Solutions is eight months behind schedule to build a digital centralised platform for the city’s Mandatory Provident Fund because of manpower shortage due to Covid-19, drawing the...

Jan 08 2023

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As Asian Societies Age, ‘Retirement’ Just Means More Work

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Across East Asia, populations are graying faster than anywhere else in the world, and while younger generations shrink, older workers are often toiling well into their 70s and beyond.

Jan 08 2023

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Hong Kong’s small businesses risk losing more workers on poor medical benefits and bonuses, Prudential survey shows

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Almost one-third of Hongkongers in SMEs are considering a job change to gain better work benefits. Expectations are rising as unemployment rate declines and prospects brighten in bigger industries.

Jan 08 2023

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Last year was second worst ever for MPF pots

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Hongkongers’ MPF accounts suffered their second-worst performance ever last year, with members losing an average of HK$40,100 – or more than 15 …

Jan 06 2023

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Boosting Retirees’ Pensions Through Pension Enhancement Initiative

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One of the most laudable initiatives introduced by the National Pension Commission (PenCom) is the periodic enhancement of pensions for retirees under the Contributory Pension Scheme (CPS).

Jan 04 2023

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Manulife names Hong Kong, Macau CEO

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Manulife has appointed Patrick Graham as chief executive officer for Hong Kong and Macau. He also becomes a member of the company’s Asia division executive committee and global leadership team.

Jan 03 2023

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What all changes in banking, travel the New Year is heralding; check here

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A New Year is set to dawn. From January 1, 2023 a slew of changes with regard to banking, insurance, pension and even overseas travel will come into effect.

Jan 03 2023

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Reasons Why Investors Should Retain Sun Life (SLF) Stock Now

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Sun Life Financial Inc. SLF is well-poised for growth, driven by mutual fund sales, Hong Kong pension business, business growth, higher new business gains and solid capital position. The Zacks...

Jan 03 2023

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Top 10 trade and investment stories of 2022

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Here is this column’s assessment of the important trade and investment stories of the past year, five global and five national. 1. Big recovery in global merchandise trade by nearly...