'Economic Downturn Harming HKers Mental Health'
"); jQuery("#212 h3").html("

"); });
2022-10-26 HKT 17:51
Organisers of a major study said on Wednesday that the impact of the economic downturn is contributing to an "alarming" mental health situation in Hong Kong, as they called on the authorities to put more resources into improving people's mental well-being.
Researchers spoke to 1,000 people to create a mental health index on a scale of 0 to 100. Hong Kong people scored an average of 47, well below the grade of 52 considered by international researchers to be acceptable. It's also down from the mark of 48 recorded last year in the annual study, which takes place to mark October's Mental Health Month.
"This is already the fifth year [the index] has consistently been below the passing mark of 52, which is alarming, which means that we have to focus on what we can do to [improve] the mental health of people in Hong Kong," said May Lam, vice-president of the Hong Kong College of Psychiatrists, one of the groups that organises Mental Health Month.
Lam cited work, personal development, and financial status as the major factors contributing to people's distress.
"It seems that the biggest impacts on people are the job impact and financial impact, maybe because this is almost the third year into Covid. So I think the consequences of the economic downturn are what we are facing at the moment."
The Mental Health Month organising committee commissioned Aristo Marketing Research to conduct telephone interviews in August and September based on the World Health Organisation’s Five Well-Being Index. Respondents were asked to give themselves ratings for statements such as "I have felt cheerful and in good spirits" in the previous two weeks.
The survey found that middle-aged people tended to have poorer mental health, with those aged between 35 and 54 scoring the lowest.
"Those who are in middle age, they're hard hit by the economic development, as well as to ensure whether they can have a job," said Ferrick Chu, executive director of the Equal Opportunities Commission. "They need to take care of both the elderly as well as the children. So work-life balance is really important to them."
Chu urged the authorities to roll out more mental health campaigns and family-friendly policies to help those who must juggle their job and their family.
Ant International And Bank Of China Partner To Enhance Cross-Border Payment Connectivity
Ant International and Bank of China (Hong Kong) (“BOCHK”) announced a partnership which leverages BOCHK’s banking... Read more
BitGo Korea Gets Green Light For Virtual Asset Custody, Backed By SK Telecom
BitGo Holdings, Inc. (BitGo) announced that its subsidiary, BitGo Korea, Inc. (BitGo Korea), received its Virtual Asset... Read more
Webinar: When Account Takeover Moves Past Onboarding
Account takeover shows why fraud risk cannot be treated as an onboarding problem. Fraudsters are using stolen credentia... Read more
JCB To Trial Stablecoin Payments In Japan With Digital Garage And Lawson
JCB Co., Ltd. (JCB), Digital Garage, Inc. (Digital Garage), and Lawson, Inc. (Lawson) announced that they have jointly ... Read more
Bonnie Chan To Lead HKEX Until Feb 2030 After Securing Second Term
The HKEX Board of Directors has approved the renewal of the employment contract of Hong Kong Exchanges and Clearing Lim... Read more
Ripple Signs Its First Korean Regional Bank In Cross-Border Remittance Deal
Ripple, a blockchain-based enterprise solutions provider for traditional and digital finance, announced a partnership w... Read more
