13/4/2012 The Pulse : The High Cost of Dying

Around 40,000 people die in Hong Kong every year. Many of their families are finding it harder to pay for funeral parlour services. The operation of the one government-owned parlour has been awarded to a listed company called the South China Memorial Park and Funeral Service Ltd on a five-year contract. The contract, awarded by tender, cost 9 million. That startled funeral operators. It’s close to fourteen times as much as the tender cost 10 years ago. The operators immediately increased the fees, and all the commercial funeral parlours have followed suit. The hike has affected many peripheral businesses.

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