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Foreign Domestic Helpers In Hong Kong
Foreign domestic helpers in Hong Kong () are domestic workers employed by Hong Kong people, Hongkongers, typically families. They comprise five percent of Hong Kong's population, and about 98.5% of them are women. In 2019, there were 400,000 foreign domestic helpers in the territory. Required by law to live in their employer's residence, they perform household tasks such as cooking, serving, cleaning, dishwashing and child care. From October 2003 the employment of domestic workers was subject to the unpopular Employees' Retraining Levy, totalling HK$9,600 for a two-year contract. It had not been applied since 16 July 2008 when it was finally abolished in 2013. Whether foreign workers should be able to apply for Hong Kong residents, Hong Kong residency is a subject of debate, and a high-profile court battle for residency by a foreign worker failed. The conditions of foreign domestic workers are being increasingly scrutinised by human-rights groups and are criticised as tantamo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of The Philippines
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. In 2025, the Philippine economy is estimated to be at ₱28.50 trillion ($497.5 billion), making it the world's List of countries by GDP (nominal), 32nd largest by nominal GDP and Economy of Asia, 9th largest in Asia according to the International Monetary Fund. The Philippine economy is a service-oriented economy, with relatively more modest contributions from the manufacturing and agriculture sectors. It has experienced significant economic growth and transformation in the past, posting one of the highest GDP growth rates in Asia. With an average annual growth rate of around 6 percent since 2010, the country has emerged as one of the fastest-growing economies in the world. The Philippines is a founding member of the United Nations, Association of Southeast Asian Nations, Asia-Pacific Economic Cooperation, East Asia Summit and the World Trade Organ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Liberal Party (Hong Kong)
The Liberal Party (LP) is a pro-Beijing, pro-business, and conservative political party in Hong Kong. Led by Tommy Cheung and chaired by Peter Shiu, it holds four seats in the Legislative Council, and holds five seats in the District Councils. Founded in 1993 on the basis of the Co-operative Resources Centre, the Liberal Party was founded by a group of conservative politicians, businessmen and professionals who were either appointed by the colonial governor or indirectly elected through the trade-based functional constituencies, to counter the liberal United Democrats of Hong Kong who emerged from the first Legislative Council direct election in 1991. Led by Allen Lee, the party adopted a friendly approach with the Beijing authorities to oppose last governor Chris Patten's constitutional reform proposal in the final colonial years. Enjoyed by the advantage in the narrowly-franchised functional constituencies, the Liberals remained a major party and a governing al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession
In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale Anthropogenic hazard, anthropogenic or natural disaster (e.g. a pandemic). There is no official definition of a recession, according to the International Monetary Fund, IMF. In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom and Canada, a recession is defined as negative economic growth for two consecutive qu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Deflation
In economics, deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% and becomes negative. While inflation reduces the value of currency over time, deflation increases it. This allows more goods and services to be bought than before with the same amount of currency. Deflation is distinct from '' disinflation'', a slowdown in the inflation rate; i.e., when inflation declines to a lower rate but is still positive. Economists generally believe that a sudden deflationary shock is a problem in a modern economy because it increases the real value of debt, especially if the deflation is unexpected. Deflation may also aggravate recessions and lead to a deflationary spiral . Some economists argue that prolonged deflationary periods are related to the underlying technological progress in an economy, because as productivity increases ( TFP), the cost of goods decreases. Deflation usually happens when supply is hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Hong Kong
The Government of the Hong Kong Special Administrative Region (commonly known as the Hong Kong Government or HKSAR Government) is the executive authorities of Hong Kong. It was established on 1 July 1997, following the handover of Hong Kong. The Chief Executive and the principal officials are appointed by the State Council of the People's Republic of China in accordance with the outcome of local processes. The Government Secretariat is headed by the Chief Secretary of Hong Kong, who is the most senior principal official of the Government. The Chief Secretary and the other secretaries jointly oversee the administration of Hong Kong, give advice to the Chief Executive as members of the Executive Council, and are accountable for their actions and policies to the Chief Executive and the Legislative Council. Under the " one country, two systems" constitutional principle, the Government is, in law, exclusively in charge of Hong Kong's internal affairs and specified external ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joko Widodo
Joko Widodo (; born 21 June 1961), often known mononymously as Jokowi, is an Indonesian politician, engineer, and businessman who served as the seventh president of Indonesia from 2014 to 2024. Previously a member of the Indonesian Democratic Party of Struggle (PDI-P), he was the country's first president not to emerge from the country's political or military elite. He previously served as governor of Jakarta from 2012 to 2014 and mayor of Surakarta from 2005 to 2012. Jokowi was born and raised in a riverside slum in Surakarta. He graduated from Gadjah Mada University in 1985, and married his wife, Iriana, a year later. He worked as a carpenter and a furniture exporter before being 2005 Surakarta mayoral election, elected mayor of Surakarta in 2005. He achieved national prominence as mayor and was elected governor of Jakarta 2012 Jakarta gubernatorial election, in 2012, with Basuki Tjahaja Purnama as vice governor. As governor, he reinvigorated local politics, introduced publi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vietnamese People In Hong Kong
Many of the Vietnamese people in Hong Kong immigrated as a result of the Vietnam War and persecution since the mid-1970s. Backed by a humanitarian policy of the Hong Kong Government, and under the auspices of the United Nations, some Vietnamese were permitted to settle in Hong Kong. The illegal entry of Vietnamese refugees was a problem which the Government of Hong Kong faced for 25 years. The problem was only resolved in 2000. Between 1975 and 1999, 143,700 Vietnamese refugees were resettled in other countries and more than 67,000 Vietnamese migrants were repatriated.The influx of Vietnamese boat people Immigration Department, Hong Kong Government, Accessed 2 May 2007 The Vietnamese community in Hong Kong today falls into two major categories: those who came as refugees and ended up staying and inte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Immigration Department (Hong Kong)
The Immigration Department is a disciplined service under the Government of Hong Kong, responsible for immigration control of Hong Kong. After the handover of Hong Kong to China in July 1997, Hong Kong's immigration system remained largely unchanged from its British predecessor model. Residents from mainland China do not have the right of abode in Hong Kong, nor can they enter the territory freely, both before and after 1997. There are different regulations that apply to residents of Macau, another Special Administrative Region of China. In addition, visa-free entry acceptance regulations into Hong Kong for passport holders of some 170 countries remain unchanged before and after 1997. In a special arrangement, although Hong Kong's residents of Chinese descent are defined as citizens of the People's Republic of China, as stipulated by the Basic Law, Hong Kong's Immigration Department is responsible for issuing Hong Kong SAR passports for Hong Kong residents who are a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minimum Wage
A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. List of countries by minimum wage, Most countries had introduced minimum wage legislation by the end of the 20th century. Because minimum wages increase the cost of labor, companies often try to avoid minimum wage laws by using gig workers, by moving labor to locations with lower or nonexistent minimum wages, or by Automation, automating job functions. Minimum wage policies can vary significantly between countries or even within a country, with different regions, sectors, or age groups having their own minimum wage rates. These variations are often influenced by factors such as the cost of living, regional economic conditions, and industry-specific factors. The movement for minimum wages was first motivated as a way to stop the exploitation of workers in sweatshops, by employers who were thought to have unfair bargaining power o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quartz (publication)
''Quartz'' is an American English language news website owned by Redbrick, a Canadian software firm. Focused on international business news, it was founded in 2012 by Atlantic Media in New York City as a "digitally native news outlet for business people in the new global economy". The publication implemented a paywall from 2019 to 2022. History On September 24, 2012, ''Quartz'' launched its website, designed to deliver content primarily to mobile and tablet users. Its founding team members were from news organizations including Bloomberg, ''The Economist'', ''The New York Times'', and ''The Wall Street Journal''. According to its website, Quartz's team reports in 115 countries and speaks 19 languages. The publication was initially led by Kevin Delaney, a former managing director of ''WSJ.com'', Zach Seward, a former ''WSJ'' social media editor, and Gideon Lichfield, a global news editor from ''The Economist'', among other editors. ''Quartz''s main office is located in New Yo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
