Jump to content

News Forum - Firms warn of Hong Kong talent shortage as expats give up and leave due to ongoing Covid restrictions


Recommended Posts

Investment banks and corporate laws firms are among the businesses warning of an impending talent crunch in Hong Kong as ongoing travel restrictions force expats to give up and leave. According to a Reuters report, Australian lawyer Tania Sibree is one of many foreign professionals heading back home. “The hotel quarantine made it just so tough for people to travel and that was the big incentive to being in Hong Kong, it was close to home and my parents. But you cannot do that long in hotel quarantine with kids. Everyone had been thinking the restrictions would be lifted, it […]

The story Firms warn of Hong Kong talent shortage as expats give up and leave due to ongoing Covid restrictions as seen on Thaiger News.

Read the full story

Link to comment
Share on other sites

This the same Reuters who thought the New Zealand leader was a veritable saint for her 'zero-covid' strategy? Appears so. 😀

There's a plethora of talent just to the north, I shouldn't worry too much.

  • Like 1
Link to comment
Share on other sites

I think it has to do more with Financials


Expats used to get huge expat packages 

Housing, drivers, maids, schooling for kids


Now they get salaries only


One of my good friends went over there


Him and his wife make at least 300k combined 

Possibly more.


They have no savings.


They have 2 kids so their rental is like 10k/mo just to have enough room for all of them 

Then add in school tuition

Every day costs are expensive 


Leaves them with not much to save 

  • Like 1
Link to comment
Share on other sites

I think it's a lot of things and cost of living is one. But the three week quarantine after coming back from visiting relatives in the home country or going on a business trip is going to be a huge one. I don't think it will result in Zero Co I'd, but the Zero Carbon folks should be pleased

Link to comment
Share on other sites

Elon musk mentioned in China in person meetings are very important, maybe that's why. 

Elsewhere I can't see how "talent" especially in IT couldn't just work online/at-home/remotely. Most of the big tech companies in USA have delayed re-opening their offices and are doing fine. 

Edited by dj230
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Join Thaiger Talk Today!

    Sign up in 30 seconds and join the discussion on everything Thailand!

  • Latest Posts

    1. 58

      What happened to all you Football Fans?

    2. 0

      ARGENTINA - Milei’s task: Bringing Argentina’s bureaucrats to heel

    3. 10

      News Forum - Thai official raises concern over Chinese film’s impact on tourism (video)

    4. 3

      News Forum - BLACKPINK’s Lisa spotted at PSG v Newcastle UCL match sparking relationship rumours

  • New Topics

  • Tell a friend

    Love Thaiger Talk? Tell a friend!
  • Create New...

Important Information

By posting on Thaiger Talk you agree to the Terms of Use