News

HR & Education

Staff Reporter

, Hong Kong

Published:

4 months ago

Hong Kong expands talent admission policies

This aims to boost manpower and address labour shortages.

Hong Kong is set to enhance its Admission Scheme for Mainland Talents and Professionals and the General Employment Policy by allowing young non-degree talents with professional and technical qualifications and experience to come to Hong Kong to join skilled trades facing manpower shortages.

This initiative aims to boost the city’s workforce, said Financial Secretary Paul Chan in his Budget 2025-26 speech on 26 February.

To further reinforce Hong Kong as an international hub for talent, the Hong Kong Talent Engage (HKTE) plans to organise the second "Global Talent Summit Hong Kong" early next year.

Additionally, the government will continue to attract more students, especially those from ASEAN and other Belt & Road (B&R) countries, to study in Hong Kong through various measures, including the B&R Scholarship.

Meanwhile, the New Capital Investment Entrant Scheme has already received more than 880 applications, with an expected investment of over $26b.

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2025-26 Budget

Top News

Most older adults in Hong Kong lack life and death education

More than 90% still die in hospitals. This disconnect is due to legal, logistical, and medical barriers, the report said.

in 3 hours

HKEX launched Order Routing Service on Integrated Fund Platform

The move addressed some long-standing operational challenges.Hong Kong Exchanges and Clearing Limited (HKEX) launched the Order Routing Service that connects fund distributors and transfer agents on its Integrated Fund Platform (IFP).The new service is based on the Fund Repository system and helps transform the fund order placement process into a seamless and integrated system.Supported by the data network from Shenzhen Stock Exchange, the service promotes better efficiency and collaboration across the fund distribution network by enhancing communications between fund distributors and agents.IFP also welcomes an initial cohort of 33 distributors, transfer agents and fund houses.

Markets & Investing

2 days ago

HKTDC signs first MOU with Singapore-based bank

The partnership also aims to generate job opportunities and strengthen communities across both regions.The Hong Kong Trade Development Council (HKTDC) signed a Memorandum of Understanding (MOU) with United Overseas Bank Hong Kong Branch (UOB Hong Kong) at the ASEAN Conference 2025 in Singapore, a first of such a partnership for Hong Kong.The MOU aims to strengthen regional ties and promote sustainable growth by leveraging UOB’s extensive regional network and financial expertise, alongside HKTDC’s strengths in trade promotion, to access new markets, resources and professional knowledge.The MOU also promotes local enterprise development and economic resilience by matching local value chains with foreign direct investments(FDI).

Financial Services

2 days ago

OCBC Bank Hong Kong sets up team to support entrepreneurs

OCBC Group is aiming to disburse S$5b in loans to entrepreneurs by 2028

2 days ago

Exclusives

Stablecoins bill brings stricter oversight and opportunity to Hong Kong

The digital tokens could support cross-border payments and smart escrow.

3 days ago

Fewer but bigger deals push Hong Kong M&A to 10-year peak

Companies are focusing on scale, efficiency, and long-term positioning.

Markets & Investing

5 days ago

Tougher foreign hiring rules may strain workforce planning

Hong Kong’s catering industry is expected to be hit the hardest.

HR & Education

Ignoring seniors could cost retailers big

The new generation of older adults in Hong Kong consume more.

Retail

Event News

Hong Kong Business Greater Bay Area Enterprise Awards 2025 Winner: Simon Huang of Plaza Premium Group

Simon Huang, Managing Director at Plaza Premium Group, highlights how the Smart Traveller platform was born from a mission to enhance travel experiences.