Hong Kong’s Deputy Chief Secretary Warner Cheuk Wing-hing has announced dozens of measures to promote the “silver economy” and address the needs of the city’s ageing population. These cover five main areas: boosting consumption, developing tailor-made products, promoting quality assurance of “silver” products, strengthening financial and insurance protection, and encouraging older residents to re-enter the…
Elderly Hongkongers are expected to spend 5 per cent more annually over the next three years under wide-ranging “silver economy” measures to spur consumption, a senior official has said when asked about a lack of targets for the policy. Deputy Chief Secretary Warner Cheuk Wing-hing, who is leading a new task force dedicated to tapping…
Three Hong Kong insurance firms unveiled policies this week aimed at helping Hongkongers access medical services across the Greater Bay Area, as companies recognise fresh opportunities in serving the city’s growing “silver” population amid the government’s push for greater integration across the region. BOC Group Life Assurance, FWD Group and Prudential Hong Kong unveiled their…