Exco Backs Proposed Civil Service Pay Rises
"); jQuery("#212 h3").html("

"); });
2018-06-12 HKT 18:02
The Executive Council on Tuesday approved pay rises of 4.51 percent for low and middle-ranking civil servants, and a 4.06 percent increase for senior staff.
The rises will be backdated to April this year and are the same as those proposed by the Civil Service Bureau, based on a private pay trend survey.
In a statement, the Executive Council said it arrived at the decision after thoroughly considering staff responses and other relevant factors, such as changes in the cost of living and workers' morale.
The government will submit the pay rise proposal to Legco for approval.
Jean-Louis Tse Appointed CEO Of FinTech Association Of Hong Kong
The FinTech Association of Hong Kong (FTAHK) has appointed Jean-Louis Tse as its new CEO. Jean-Louis brings over 20 yea... Read more
XTransfer To Present Compliance And SME Solutions At Hong Kong Fintech Week
XTransfer will participate in Hong Kong Fintech Week 2025 as the event’s Official Fintech Partner. This marks the sec... Read more
Hang Seng E-HKD Pilots Reveal Gains In SME Cash Flow And Efficiency
Hang Seng Bank has completed two use cases in Phase 2 of the e-HKD Pilot Programme under the Hong Kong Monetary Authori... Read more
FundPark Raises US$71M After Surpassing US$6B In ECommerce Financing
FundPark, a Hong Kong-based technology company providing financing solutions for eCommerce businesses, has raised US$71... Read more
Hang Seng Bank Launches “JustPay” With Voice Recording Payment Feature
Hang Seng Bank has introduced “JustPay”, an industry-first payment experience featuring a voice recording function.... Read more
How To Build An AI First Bank | Malaysia Banking CxO Roundtable
AI is changing banking faster than ever, from how banks detect fraud to how customers interact with apps. In this round... Read more
