Failure is a natural part of learning that can help us develop and improve over time, but some employees see failure as nothing short of a hindrance to their productivity. Fortunately, failure doesn’t have to always be a bad thing and companies can instead shift from avoiding to embracing failure. That’s right, companies can instead embrace failure and view it as an opportunity for learning and development. In this article by Pacific Prime Hong Kong, we will delve into how companies can create a culture that embraces failure and turns setbacks into success. Understanding Fear of Failure The f ..read more

These days, if you’d like to receive care at private hospitals or clinics in Hong Kong, you’ll require private health insurance to help offset the ever-increasing costs. This can come as quite a shock to expats coming from countries that have public health insurance, or those moving here without company-sponsored health insurance. The health insurance industry itself is highly complex, with tons of plans, providers, and coverage elements. Like many other industries, there are several ‘buzzwords’ used by insurance companies that can be quite confusing. As such, this Pacific Prime Hong Kong arti ..read more

The Philippines, an archipelago made up of over 7,000 islands in Southeast Asia, is a beautiful country with a diverse ecosystem of beaches, volcanoes, rainforests, plants, and animals. Featuring a plethora of natural beauty, it is a popular tourist destination for visitors around the world. Named after King Philip II of Spain, the history has given this island nation a unique culture with influences taken from Spanish societies and those around the globe. The diversity offered by this country never fails to attract millions of tourists from all over the world every year. In this Pacific Prime ..read more

In light of Hong Kong’s aging population, low birth rates, and talent shortages, this year’s budget aims to boost the confidence of Hong Kongers. For long-term fiscal health, economic security, improved living standards, and environmental preservation, this is an essential plan of action. But how? You may ask. From bolstering the economic sector to revitalizing Hong Kong’s soft power to the acceleration of development and the facilitation of trade, these are but a few ways the city is looking to pave the way towards a sustainable and prosperous future under the 2024–2025 budget. Are you a citi ..read more

Change is inevitable at work, and could potentially appear out of the blue in the form of a sudden leadership change, a corporate restructuring, or economic turmoil. Organizations may be constantly adapting to meet the demands of a changing market, but it can also lead to organizational chaos. To help you maintain composure in the face of organizational chaos, Pacific Prime Hong Kong has compiled some essential tips in this article. What is Organizational Chaos Organizational chaos is confusion among employees whenever changes are made in their work environment. These can include leadership c ..read more

With Chinese New Year (CNY) just around the corner, Hong Kong locals and expats alike are wondering what’s in store for this year’s celebration. Also known as the Lunar New Year, the city’s biggest celebration falls on the 11th of February this year, welcoming the Year of the Dragon. As the first CNY without any COVID restrictions since the outbreak, a lot of places are entirely open in celebration of the CNY, offering a wide array of annual facilities where you can participate and immerse yourself in the festive atmosphere and joy of CNY this year. This Pacific Prime Hong Kong article serves ..read more

In an effort to cut down on the sheer amount of trash in landfills, Hong Kong’s waste charging will come into effect on the first of August after the idea’s conception 20 years ago. With several months to go until the measure’s implementation, the public remains largely oblivious to the regulations, and there has been reported confusion on the details. To make sure locals, expats,or travelers know what to expect by that time, this Pacific Prime Hong Kong blog post will go through the details of Hong Kong’s waste charging scheme. Overview The waste charging scheme is a measure that aims to redu ..read more

The world continues to shift and adapt to the ongoing challenges, influencing the way we live, interact, and work with one another. While this is expected to continue in the coming years, businesses are offered the opportunity to take the necessary actions to better align and unite their workforce.  According to a PwC survey conducted on 53,912 employees across 46 countries and territories, the key concerns of the Hong Kong SAR workforce emphasize the importance of hybrid work, the impact of AI, the importance of upskilling, self-representation, and sustainability.  This Pacific Prim ..read more

Hong Kong is the third most expensive location in the world, according to our recent study on health insurance costs. When it comes to squaring up payment for care received, there are several hospital billing methods that you can follow. Worrying about money and payments only makes things harder when you’re seeking necessary medical treatment. If you know that you’re likely to make an insurance claim, here are a few things that might make the process easier. Public Out-of-Pocket Hospital Billing If you’re uninsured or you’ve chosen to seek treatment from a public facility without making a clai ..read more

If you’re not already familiar with insurance jargons, ‘pre-existing conditions’ refer to health conditions you have prior to securing a health insurance plan. Unsurprisingly, insurers are less willing to cover individuals with pre-existing conditions, as there’s a higher likelihood of claims. So, where does that leave those with food allergies? In this Pacific Prime Hong Kong article, we’ll tell you everything you need to know about food allergies and whether it’s a pre-existing condition. We’ll also give you information about securing health insurance if you’ve got a food allergy. Understand ..read more