INTHEBLACK November 2021 - Magazine - Page 11
“It’s important small business owners
understand, if they look after their mental
health, they can also help their business.”
BRUCE BILLSON
AUSTRALIAN SMALL
B U S I N E S S A N D FA M I LY
ENTERPRISE OMBUDSMAN
Source: Australian Small Business
and Family Enterprise
HONG KO NG’S AGEIN G CONC ERN
At 85.3 years, life expectancy in Hong Kong is among the highest in the
world, but a quarter (23 per cent) of Hong Kong residents have planned
for a retirement that will last only between six and 10 years. The finding
comes from the new Productive Ageing in Hong Kong: Breaking the mould
of ageing report from The Economist Intelligence Unit, sponsored by
HSBC Life.
The report, which includes a survey of 600 adults aged between 30
and 70, has found that 98 per cent have financial concerns about ageing,
with the top two being medical and healthcare cost (66 per cent) and
insufficient funds (51 per cent).
READ THE REPORT HERE
779
THE NUMBER OF “UNICORNS”
AROUND THE WORLD,
AS OF AUGUST 2021.
“Unicorn” is the term used by venture capitalists
to describe a privately held start-up company
with a value of over US$1 billion (A$1.4 billion).
They include Bytedance, a China-based artificial
intelligence company valued at US$140 billion
(A$190 billion), Singaporean transportation
company Grab, valued at US$14 billion (A$19 billion)
and Australian software and services company
Canva, valued at US$15 billion (A$20 billion).
The total cumulative value of the world’s
unicorns is estimated to be about US$2505 billion
(A$3399 billion).
Source: CB Insights
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