Hong Kong’s HK$2 fare scheme for elderly residents should be adjusted by offering those aged 60 to 65 only limited usage, a top government adviser has said, while the city’s finance chief has described the concession as “unfeasible” in the long run. Lam Ching-choi, a member of the city’s top advisory body the Executive Council,…
“The true investor… will do better if he forgets about the stock market and pays attention to his dividend returns and to the operation results of his companies.” – Benjamin Graham Taking that quote to heart, here are two companies with high dividend yields and improving operations or future growth potential that should have income…
[Source] China on Friday announced plans to raise its retirement age for the first time since the 1950s, addressing its aging population and mounting pension crisis. The new policy, set to take effect in 2025, will gradually increase the retirement age for men and women over the next 15 years. Changes to expect: The country’s…
Beijing’s quick endorsement of a scheme to raise the retirement age shows it is determined to address the problem of dwindling pension funds amid faltering economic growth and an ageing population, analysts say. But, they add, the changes are unlikely to be a silver bullet for fiscal shortfalls and could come with “political pain”. For…