Minimum Wage Ordinance
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Minimum Wage Ordinance
The Minimum Wage Ordinance is an ordinance enacted by the Legislative Council of Hong Kong to introduce a minimum wage in Hong Kong in July 2010. The executive branch proposed a minimum wage of HK$28 (~US$3.61) per hour in November 2010, which the Legislative Council voted to accept after much debate in January 2011. It came into effect on 1 May 2011. Prior to this, there had also been a fixed minimum wage for one specific class of workers, foreign domestic helpers, of HK$3,740/month. The Hong Kong statutory minimum wage for non-domestic workers is HK$37.5 (~US$4.83) per hour, effective 1 May 2019. History Hong Kong had some legislation relating to the minimum wage as early as 1932; the Governor was granted the right, but was not obliged, to establish a minimum wage. The Trade Boards Ordinance also gave the governor (and after 1997, the Chief Executive) the power to set minimum wages for piece-rate and time-rate work, and established penalties for non-compliance. However, no g ...
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Legislative Council Of Hong Kong
The Legislative Council of the Hong Kong Special Administrative Region (LegCo) is the unicameral legislature of Hong Kong. It sits under China's " one country, two systems" constitutional arrangement, and is the power centre of Hong Kong's hybrid representative democracy. The functions of the Legislative Council are to enact, amend or repeal laws; examine and approve budgets, taxation and public expenditure; and raise questions on the work of the government. In addition, the Legislative Council also has the power to endorse the appointment and removal of the judges of the Court of Final Appeal and the Chief Judge of the High Court, as well as the power to impeach the Chief Executive of Hong Kong. Following the 2019–2020 Hong Kong protests, the National People's Congress disqualified several opposition councilors and initiated electoral overhaul in 2021. The current Legislative Council consists of three groups of constituencies—geographical constituencies (GCs), ...
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Liberal Party (Hong Kong)
The Liberal Party (LP) is a pro-Beijing camp (Hong Kong), pro-Beijing, pro-business, and conservative political party in Hong Kong. Led by Tommy Cheung and chaired by Peter Shiu, it holds four seats in the Legislative Council of Hong Kong, Legislative Council, and holds five seats in the District Councils of Hong Kong, District Councils. Founded in 1993 on the basis of the Co-operative Resources Centre, the Liberal Party was founded by a group of conservative politicians, businessmen and professionals who were either appointed by the Governor of Hong Kong, colonial governor or indirectly elected through the trade-based functional constituency (Hong Kong), functional constituencies, to counter the liberal United Democrats of Hong Kong who emerged from the 1991 Hong Kong legislative election, first Legislative Council direct election in 1991. Led by Allen Lee, the party adopted a friendly approach with the Central People's Government, Beijing authorities to oppose last governor ...
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Hong Kong Legislation
Hong may refer to: Places *Høng, a town in Denmark *Hong Kong, a city and a special administrative region in China *Hong, Nigeria *Hong River in China and Vietnam *Lake Hong in China Surnames *Hong (Chinese name) *Hong (Korean name) Organizations *Hong (business), general term for a 19th–20th century trading company based in Hong Kong, Macau or Canton *Hongmen (洪門), a Chinese fraternal organization Creatures *Hamsa (bird), a mythical bird also known was hong *Hong (rainbow-dragon) ''Hong'' or ''jiang'' () is a two-headed dragon in Chinese mythology, comparable with rainbow serpent legends in various cultures and mythologies. Chinese "rainbow" names Chinese has three "rainbow" words, regular ''hong'' , literary ''didong'' , ..., a two-headed dragon in Chinese mythology * ''Hong'' (genus), a genus of ladybird {{disambiguation ...
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Hong Kong Labour Law
Hong may refer to: Places *Høng, a town in Denmark *Hong Kong, a city and a special administrative region in China *Hong, Nigeria *Hong River in China and Vietnam *Lake Hong in China Surnames *Hong (Chinese name) *Hong (Korean name) Organizations *Hong (business), general term for a 19th–20th century trading company based in Hong Kong, Macau or Canton *Hongmen (洪門), a Chinese fraternal organization Creatures *Hamsa (bird), a mythical bird also known was hong *Hong (rainbow-dragon) ''Hong'' or ''jiang'' () is a two-headed dragon in Chinese mythology, comparable with rainbow serpent legends in various cultures and mythologies. Chinese "rainbow" names Chinese has three "rainbow" words, regular ''hong'' , literary ''didong'' , ..., a two-headed dragon in Chinese mythology * ''Hong'' (genus), a genus of ladybird {{disambiguation ...
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Minimum Wage Law
Minimum wage law is the body of law which prohibits employers from hiring employees or workers for less than a given hourly, daily or monthly minimum wage. More than 90% of all countries have some kind of minimum wage legislation. History Until recently, minimum wage laws were usually very tightly focused. In the US and Great Britain, for example, they applied only to women and children. Only after the Great Depression did many industrialized economies extend them to the general work force. Even then, the laws were often specific to certain industries. In France, for example, they were extensions of existing trade union legislation. In the US, industry specific wage restrictions were held to be unconstitutional. The country's Fair Labor Standards Act of 1938 established a uniform national minimum wage for nonfarm, nonsupervisory workers. Coverage was later extended to most of the labor force. * In 1894, New Zealand established such arbitration boards with the Industrial Con ...
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2011 In Hong Kong
Events in the year 2011 in Hong Kong. Incumbents * Chief Executive: Donald Tsang Events e See also * List of Hong Kong films of 2011 References {{Year in Asia, 2011 Years of the 21st century in Hong Kong Hong Kong Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
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2010 In Hong Kong
Events in the year 2010 in Hong Kong. Incumbents * Chief Executive: Donald Tsang Events See also * List of Hong Kong films of 2010 {{Year in Asia, 2010 Years of the 21st century in Hong Kong Hong Kong Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
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Filipinos In Hong Kong
Filipinos constitute the largest ethnic minority in Hong Kong, numbering approximately 130,000, many of whom work as foreign domestic helpers. The Eastern District has the highest concentration of Filipino residents in Hong Kong, with 3.24% of the district's population being of Filipino descent (14,596 people). Domestic Migrant Workers Overview The Philippines was one of the first countries to send workers through the foreign domestic helper program beginning in the 1970’s. This allowed helpers to work for a single employer, working for at least a minimum allowable wage. Most of these workers were mothers, grandmothers or eldest daughters, working to save money for their children, seeking better living standards with higher wages than in the Philippines. According to CNN, Filipino migrant workers are legally required to live in their employers’ homes. Because Hong Kong does not have laws limiting the maximum working hours per day or week, workers can perform tasks fo ...
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news c ...
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Management Fee
In the investment advisory industry, a management fee is a periodic payment that is paid by an investment fund to the fund's investment adviser for investment and portfolio management services. Often, the fee covers not only investment advisory services, but administrative services as well. Usually, the fee is calculated as a percentage of assets under management. In manage property sector, is also used. Usually under management contract. Is used for running hotels, and restaurants. Mutual funds In a mutual fund, the management fee will include any fees payable to the fund's investment adviser or its affiliates, and administrative fees payable to the investment adviser that are not included in the "Other Expenses" category. Management fees paid to mutual funds and other registered investment companies are set forth in the advisory agreement which must be approved by the fund's board and shareholders; in general, these fees are heavily regulated under the Investment Company Act of ...
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Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the management of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then advertise th ...
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The Times Of India
''The Times of India'', also known by its abbreviation ''TOI'', is an Indian English-language daily newspaper and digital news media owned and managed by The Times Group. It is the third-largest newspaper in India by circulation and largest selling English-language daily in the world. It is the oldest English-language newspaper in India, and the second-oldest Indian newspaper still in circulation, with its first edition published in 1838. It is nicknamed as "The Old Lady of Bori Bunder", and is an Indian " newspaper of record". Near the beginning of the 20th century, Lord Curzon, the Viceroy of India, called ''TOI'' "the leading paper in Asia". In 1991, the BBC ranked ''TOI'' among the world's six best newspapers. It is owned and published by Bennett, Coleman & Co. Ltd. (B.C.C.L.), which is owned by the Sahu Jain family. In the Brand Trust Report India study 2019, ''TOI'' was rated as the most trusted English newspaper in India. Reuters rated ''TOI'' as India's most trus ...
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