Overseas Expansion Consultancy
Fact of Hong Kong Population and Labor Market! Statistical Report of 2021
The Census and Statistics Department (CSD) of Hong Kong Government has issued the “Women and Men in Hong Kong - Key Statistics (2021 Edition)”.
How to apply for extension of stay if non-permanent residents currently outside of Hong Kong under the COVID-19
Published: 14 Jan 2021 We received few enquiries about the Hong Kong visa is going to expire and how can they do if they are not in Hong Kong currently. Here is the update from Hong Kong Immigration Department: “The Immigration Department accepts applications for return to Hong Kong from non-permanent residents who is outside of Hong Kong under the COVID-19 Pandemic (Not Applicable to Foreign Domestic Helpers and Imported Workers) In general, persons admitted into Hong Kong under various immigration policies/schemes may apply for extension of stay within four weeks before their limit of stay expires. Applicants should be physically present in Hong Kong both at the time of […]
What are virtual banks? What benefits do virtual banks offer?
Virtual banking is intensifying the competitive dynamics affecting Hong Kong banking. Competition in Hong Kong is off to a slow start as possible growth prospects are being hindered by economic uncertainties. You have probably heard the term “Virtual Bank” a lot recently, and may have received a referral from a friend. What are virtual banks and what benefits do they offer? What are virtual banks?Virtual bank does not have any physical branches. The tool to communicate between the bank and the client is a smartphone or tablet, allowing uninterrupted access to bank representatives anytime, anywhere. Virtual banks must follow the same regulations that the Hong Kong Monetary Authority (HKMA) has […]
Virtual Banking is developing in Hong Kong under COVID-19
At a time when much of the national economy is struggling. Many company have essentially shut down but current economic environment does offer some bright spots. One is the rise of virtual banking development in Hong Kong. Virtual banks, also called neobanks, primarily deliver retail banking services through the internet or other electronic channels instead of physical branches. “The Hong Kong Monetary Authority granted eight virtual banking licenses in 2019, and most only began operations in recent months as a result of launch delays. This is unsurprising as we believe that new entrants are likely to exercise more prudence under a worsening economic outlook from the coronavirus and trade tensions,” […]
4 recruiting trends to watch in 2018
How will predictive analytics, diversity hiring and the gig economy affect recruiters next year?
