Experts have warned that the HK$1 (13 US cents) increase in Hong Kong’s minimum wage, which takes effect on Labour Day, is unlikely to significantly boost low-paid workers’ incomes, but should help preserve purchasing power and ease labour tensions under a new formula. Human resources expert Alexa Chow Yee-ping, managing director of ACTS Consulting, said…
Proposals by Hong Kong’s pension regulator to increase Mandatory Provident Fund (MPF) contributions for higher-paid workers by up to 33 per cent could worsen business challenges and hurt the jobs market, a lawmaker and human resources expert have warned. A labour representative, however, urged the Mandatory Provident Fund Schemes Authority (MPFA) to pursue even bolder…
Hong Kong authorities’ swift U-turn on a law requiring bus passengers to wear seat belts came about because of a lack of public consultation during policymaking and a less than thorough crafting process for the regulatory fine print, political observers have said. Failures on both fronts should serve as a wake-up call for officials and…
Shenzhen resident Angela Lyu was excited about the recent news that Guangdong motorists will be able to drive and stay in Hong Kong for three days under a cross-border travel scheme, but balked at the prospect of high parking fees and a required detour. The “Southbound Travel for Guangdong Vehicles” scheme is due to open…