Hong Kong can save more than HK$90,000 (US$11,470) per patient in medical expenses if the city provided better measures to allow more residents to receive support and die at home or in care facilities, a local think tank has said, calling on the government to develop a plan framework for people in their last days….
Hong Kong businesses, social groups, a major bank and a think tank have jointly set up a platform to devise initiatives to make the city more elderly-friendly through the nurturing of a “silver economy”. The Alliance of Silver Economy Development was launched on Tuesday, with the goal of encouraging collaboration between companies and social organisations….
The US-China trade war and its pressure on the weakening yuan may impair Hong Kong’s private housing demand and market sentiment, even as the city expects a stable supply in the coming decade, a local think tank has warned. Our Hong Kong Foundation, the city’s largest think tank, on Thursday revealed its 10-year forecast for…
Providing a safer living environment for elderly Hongkongers could cut at least HK$5.67 billion (US$730 million) in annual hospitalisation costs by 2046, the year when over a third of the city’s population is expected to be aged 65 and above, a think tank has said. Our Hong Kong Foundation on Thursday released a policy research…
Profit will determine whether a high-profile pledge of support by business heavyweights for Hong Kong’s Northern Metropolis megaproject near the mainland China border will result in investment, according to economists and a developers’ representative. Some also said the pledge was only a gesture not to offend Beijing and the Hong Kong government. Stewart Leung Chi-kin,…