Civil Servants' Pay Set To Rise By 3-5 Percent
"); jQuery("#212 h3").html("

"); });
2019-05-16 HKT 10:51
Civil servants are set to receive a pay rise of between 3.13 percent and 5.08 percent this year.
The figures are calculated on the basis of a pay trend survey conducted by a government-appointed committee that studies salary movements in the private sector.
According to the survey, senior civil servants can expect a 4.58 percent jump, with rises of 5.08 percent and 3.13 percent for middle and lower-ranking staff.
But the committee’s chairman, Lee Luen-fai, said the final level of increases will be decided by the government after considering a basket of factors.
Last year, civil servants were given pay increases of between 4.06 and 4.51 percent.
Hong Kong Fund Industry May Double With Tokenised Finance And 24/7 Trading Access
Hong Kong could potentially double the size of its fund industry by moving from legacy infrastructure to token-based fi... Read more
HKMA Alerts Public To Scam Website And Login Screens Posing As Official Site
The Hong Kong Monetary Authority (HKMA) has issued a public alert regarding a fraudulent website and online login scree... Read more
Hong Kong Fintech Promotion Blueprint Indicates 4 Incoming Flagship Projects
The Hong Kong Monetary Authority (HKMA) released the Hong Kong Fintech Promotion Blueprint on 3 February 2025, which sh... Read more
Visa To Enable Cross-Border Payments To 95% Of UnionPay Cardholders In China
At Web Summit Qatar, Visa and UnionPay International (UPI) announced an agreement to enable cross-border money transfer... Read more
HKMA Launches Fintech Blueprint With AI, DLT, Quantum And Cybersecurity Focus
The Hong Kong Monetary Authority (HKMA) published a Fintech Promotion Blueprint to support responsible innovation and f... Read more
How Gaming Giants Are Redefining The Experience Of Paying
Gaming isn’t just a hobby; it’s a global infrastructure challenge. In this episode Vincent Fong (Chief Editor, Fint... Read more
