Only 27 Percent Of Homeless Getting Support: Auditor
"); jQuery("#212 h3").html("

"); });
2022-11-23 HKT 15:33
The Director of Audit on Wednesday said there’s been a significant jump in the number of street sleepers in Hong Kong, and urged the government to provide them with more support.
The Audit Commission said in a report that the number of registered street sleepers increased by 2.6 times over the past decade – from 595 in 2013 to 1,564 this year – while those aged 50 or above even jumped 3.3 times in the same period.
The commission said the Social Welfare Department offered three NGOs HK$30 million in grants last year to provide support services for the homeless, but found that the groups were only able to reach 27 percent of the registered street sleepers.
It urged the Social Welfare Department to review and monitor the services being provided.
The Director of Social Welfare agreed with the audit recommendations.
Manulife Names Wilton Kee As CEO For Hong Kong And Macau
Manulife has appointed Wilton Kee as the new Chief Executive Officer for its Hong Kong and Macau operations, effective ... Read more
Banks Are Not Ready For AI | Singapore AI CxO Roundtable
In this exclusive roundtable jointly hosted by Fintech News Network and Alteryx, senior banking leaders in Singapore sh... Read more
Mizuho Bank To Invest In Rakuten Bank In October
Mizuho Bank will shift its investment into a 5.81% stake in Rakuten Bank, according to Japan Today. The move allows the... Read more
Forthright Subsidiaries Secure SFC Approval For Virtual Asset Services Across 3 Licenses
Forthright Securities and Forthright Capital have received approval from the Securities and Futures Commission (SFC) to... Read more
SFC Names Elisa Ng To Lead Investment Products, Reappoints Lisa Chen
The Securities and Futures Commission (SFC) has appointed former J.P. Morgan Asset Management executive Elisa Ng as its... Read more
Mastercard And JD.com Partner To Expand Cross-Border Payment Options In China
Mastercard and JD.com have entered a strategic partnership to develop cross-border supply chain finance tools for busin... Read more
