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.
Participants in the Business and Professionals Alliance for Hong Kong (BPA) Youth Leadership Scheme (“the Scheme”) have graduated! The first BPA Youth Leadership Scheme attracted 15 talented young individuals, who are dedicated to serving Hong Kong, from various business and professional sectors.
The Business and Professionals Alliance for Hong Kong (BPA) yesterday (September 21) submitted proposals to the Chief Executive on enhancing the 12-year Individual Visit Scheme (IVS) for Mainland tourists. In its submission, the BPA suggested introducing online travel permits for 20 million e-passport holders in Mainland China as a means of attracting more visitors from across the border.
In response to government’s proposals on MPF reforms, the Commission on Poverty will be seeking public views on eliminating the provision on MPF offset as part of a public consultation exercise on universal retirement pension to be conducted at the end of 2015. The Business and Professionals Alliance for Hong Kong (BPA) strongly opposes the … Read more
According to certain sources quoted in the media, Chief Executive Leung Chun-ying plans to include in his next policy address the recommendation to scrap the offset mechanism under the Mandatory Provident Fund (MPF). Although such reports have not been verified by government……
As concerns with the water lead contamination scare take on citywide proportions, recent test results confirming the presence of excess lead levels in the water supply of several primary and secondary schools have further fuelled fears about the health and safety of our next generation. To address the anxiety and uncertainty in parents and students
The Business and Professionals Alliance for Hong Kong (BPA) welcomes today’s (August 13) announcement by the Government to appoint the Commission to inquire into the incidents of excess lead found in drinking water.
The Business and Professionals Alliance for Hong Kong (BPA) welcomes the Government’s decision today (July 17) to set up a commission of inquiry to conduct an independent and comprehensive investigation into lead contaminated water supply found in several public housing estates over the past weeks.
The recent discovery of lead in fresh water samples, which far exceeds World Health Organisation (WHO) recommended levels, at several public housing estates has given rise to concerns among citizens about the quality and associated health effects of their drinking water. Mr. Jeffrey Lam Kin-fung, Business and Professionals Alliance for Hong Kong (BPA) Vice Chairman……
In its progress report submitted to the Government on the Hong Kong Section of the Guangzhou-Hong Kong-Shenzhen Express Rail Link project, the Mass Transit Railway Corporation (MTRC) has forecasted a further delay to the commissioning of the Express Rail until the third quarter of 2018 and that construction costs would raise to $85.3 billion……
