Expat Hong Kong News
Latest 10 news items tagged Hong Kong
22 Jun at 2 PM 2015
The high demand for Filipino workers in a number of Gulf states, including Saudi Arabia and UAE, has increased the remittance value during the opening months of 2015.
Philippines’ central bank governor Amando Tetangco said that a total of US$8.6bn was sent home by Filipinos across the globe between January and April – 5.1 per cent higher than the same period in 2015.
The majority of the funds were sent from the UAE, Saudi Arabia, the UK, the US, Hong Kong
, Canada, Singapore and Japan, according to the bank.
19 Jun at 11 AM 2015
Asia is now among the world’s most expensive regions for companies to send foreign workers to live in, revealed the latest survey from Mercer, with five of the top 10 priciest destinations being in the east of the continent.
jumped from third place last year to second this time out, while Shanghai, Beijing and Seoul were also in the top 10.
Meanwhile Tokyo, which was the most expensive city for foreign workers in 2012 has now dropped out of the top 10 after falling from seventh to 11th in this year’s rankings, largely...
19 Jun at 9 AM 2015
London is now a cheaper city to live in for expats than Geneva, Hong Kong
and the Angolan capital Luanda revealed a new study.
The British capital came 12th in the latest cost of living poll, which looked at the priciest cities for multinational companies to base their expatriate employees.
The news may come as a surprise for HSBC as it considers changing its headquarters from London to Hong Kong
, with the East Asian city being named the world’s second most expensive city to base expat staff.
The study, which is conducted...
11 Jun at 9 AM 2015
An expat banker in Hong Kong
was arrested after allegedly killing a security guard when he crashed his Ferrari in a car park.
Police said 48-year-old Robert Ebert was arrested on suspicion of dangerous driving causing death. They explained that the driver lost control at the entrance of the car park before colliding with another vehicle and then ramming into the 53-year-old security guard who was stood by the water barriers. They added that after sustaining serious head and shoulders injuries the man was pronounced dead shortly...
9 Jun at 9 AM 2015
The Philippines capital Manila is the 136th most livable city in the world for expats, according to the 2015 Quality of Living Rankings, which featured a total of 230 cities.
The rankings, compiled by US global human resource consulting company Mercer, listed the Austrian capital Vienna as number one, with Switzerland’s Zurich and New Zealand’s Auckland taking up the nest two spots respectively.
Meanwhile, most cities in the same region as Manila came above it, with Singapore in 26th place, Tokyo in 44th, Hong Kong
in 70th and...
26 May at 2 PM 2015
Expat investment in British buy-to-let property is on the up, according to offshore bankers Skipton International.
The bank’s managing director Jim Coupe said that there has been strong interest from all across the globe, but particularly the UAE. He explained that many customers now considered the London property market as “overheated”, resulting in them looking elsewhere in the UK for properties with rental yields that are more appealing to but-to-let investors.
With investors cautious about putting funds in to a sector they...
19 May at 9 AM 2015
A helicopter had to air lift a drunk Brit to safety after he lost his way at Hong Kong
's Victoria Peak.
The British man, aged 27, apparently got confused about which direction to walk in and then found himself in Victoria Peak’s heavily forested area at around 5am. He then proceeded to fall down a steep slope, after which he managed to get stuck due to entangling his foot in a length of rope.
The man then attempted to free himself yet gave up after two hours of trying and decided to call the police for help instead.
In a show...
18 May at 6 PM 2015
An expat living in Hong Kong
was forced to remove her name from a petition after new crews pointed out to her that she was adding her name to a petition which supported the political reform proposal backed by the government.
Roisin Rainy, a resident of Hong Kong
for 30 years, thought she was signing a petition for the chief executive election in Hong Kong
to include fair universal suffrage; however, instead she was supporting the Hong Kong
Federation of Trade Union and the Alliance for Peace and Democracy, both considered to be...
11 May at 6 PM 2015
A recent survey from ECA International has revealed that expatriates living in Japan earn the highest pay and receive the best benefit packages in the whole of Asia, with expat managers generally expecting to receive a package totalling nearly US$375,000.
The MyExpatriate Market Pay Survey which was carried out by ECA looked at expatriate pay levels across the globe and also included information regarding tax treatments, benefits, salary calculation methods and allowances. The survey ranked Japan top amongst the 14 countries in the...
21 Apr at 6 PM 2015
The United Arab Emirates has long since been a major draw for expats because of the quality of life on offer for qualified individuals in particular, with perks such as tax-free salaries on offer.
Such benefits have meant that expatriates could live and work in the Middle Eastern country, earn and save potentially vast amounts of money and enjoy the year-round hot weather, albeit conditions that can sometimes be unbearably hot. In fact, the country is home to so many expats that just 20 per cent of the population is made up by...