Students To Get Guidance On How To Spend HK$10,000
"); jQuery("#212 h3").html("

"); });
2022-08-22 HKT 18:17
Secondary school students taking part in a government programme aimed at tackling intergenerational poverty will each get a HK$10,000 allowance, and they will receive guidance from their mentor on how to spend the money.
Announcing details of the Strive and Rise Programme on Monday, Chief Secretary Eric Chan said 2,000 form one to form three students will join the one-year pilot scheme.
They will each be assigned a voluntary mentor from various sectors to guide them on different skills, such as how to broaden their horizons, make plans for their lives, manage their finance and better communicate with others.
“We trust that, after one year, these students will surely know [about] themselves better. And, they will be able to set up their own life goals and then they know how to achieve their goals,” the chief secretary said.
Chan added businesses will be invited to take part by sponsoring the programme, offering job shadowing opportunities and nominating mentors.
It's not known yet when the scheme will be launched.
Last month, Chief Executive John Lee announced the setting up of a task force to fight intergenerational poverty, along with the programme benefiting underprivileged youngsters.
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