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The Minimum Wage Ordinance Cap. 608 is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. [2] The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011.
An increase in hiring and pay rises are in store for Hong Kong next year thanks to an improvement in the city's economic outlook, according to a survey conducted by accountancy industry body CPA ...
The Hong Kong Special Administrative Region Honours and Awards System. Created since the Handover of Hong Kong in 1997, the Hong Kong honours system is a community-wide honours for which civil servants with great contribution to the public will be nominated. Awardees will receive recognition and awards from the Chief Executive. [25]
In 2009, Hong Kong's real economic growth fell by 2.8% as a result of the Great Recession. [33] By the late 20th century, Hong Kong was the seventh largest port in the world and second only to New York City and Rotterdam in terms of container throughput. Hong Kong is a full Member of the World Trade Organization. [34]
He also is seeking to increase the annual salary of the finance director from $104,963 to $115,000, which is a nearly 10% increase, and raise the annual salary of the economic development director ...
Hong Kong has an area of 1,106 square kilometres and a population of about 7,413,070 {2021 Hong Kong Census}. [1] Despite its small size, Hong Kong is currently ranked the 15th largest exporting country in the world as of 2008. [2] The total value of visible trade amounted to $3,548.2 billion in 2003, and exports totalled $362.1Bn in 2008.
The increase, effective immediately, raised Hong Kong's base rate by 75 basis points to 2 per cent, the city's de facto central bank said in a statement. The move returned the benchmark to March ...
In Hong Kong, the Political Appointments System is a scheme introduced by then chief executive Donald Tsang in 2008 to reinforce the government's ministerial team by superseding the Principal Officials Accountability System and inserting two layers of politically appointed officials below the secretaries, who are political appointees.