Representatives from the Business and Professionals Alliance for Hong Kong (BPA), tourism, retail, catering and transport industries today (October 19) met with the Secretary for Commerce and Economic Development Gregory So Kam-leung to follow up on the proposal to enhance the Individual Visit Scheme (IVS) and to discuss market stimulation measures.
Monthly Archives: October 2015
Media reports have been abuzz with speculation that Chief Executive Leung Chun-ying is planning to announce in his upcoming Policy Address the abolition of the offsetting mechanism under the Mandatory Provident Fund (MPF). Under this mechanism, employers can use their portion of MPF contributions to offset severance or long-service payments due to departing workers.