Posted inAT Finance, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore

$12.6 billion windfall from imported maids

Foreign domestic workers last year contributed US$12.6 billion to Hong Kong’s economy, partly by freeing up more women to join the workforce, a new study has found. The city gets more economic benefit from imported labor than either Singapore or Malaysia. The report, The Value of Care: Key Contributions of Migrant Domestic Workers to Economic Growth and Family […]