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Breaking news and analysis on Hong Kong's economy and the companies that operate in the city, including its GDP, economic outlook, impact of the coronavirus outbreak, macroeconomic indicators, the local government finance and budget, retail sales, consumption, employment and monetary policy.
Top Talent Pass Scheme drew nearly 46,500 successful applicants in the past financial year, and they must be encouraged to put down roots so local people can also benefit.
Dozens of companies from various countries have already signed up for the ambitious project that will see the creation of thousands of jobs.
With an estimated 50 trillion yuan digital market just across the border, Hong Kong must be ready to unleash its potential and gain a big slice of that economic pie.
Hong Kong must come up with more targeted and effective promotions to avoid missing out on tourists from mainland China in May Day break bonanza.
Airport Authority and Hong Kong Metropolitan University team up to tackle shortage of flight crews by offering flying licence as part of bachelor’s degree in aviation services management.
- Finance chief says property and stock markets still under pressure amid geopolitical tensions, urges investment in green development and digital economy to drive growth
- ‘Economic growth in first quarter was positive, which stands between 2.5 and 3.5 per cent. The range is the same as what we estimated for 2024 yearly growth,’ he says
ESG reporting and the Greater Bay Area offer opportunities for young accountants, and the IPO market is set to recover, new HKICPA president Roy Leung says.
Chief Executive John Lee says the government has been making ‘comprehensive preparations’ for the coming ‘golden week’ holiday.
Hong Kong offers plenty of wealth management and stock market opportunities despite headwinds and uncertain economic outlook in China, according to speakers at the Apec Business Advisory Council summit.
Hong Kong has the potential to become an international innovation hub for hydrogen technologies, says Towngas’s Don Cheng.
Global Talent Summit – Hong Kong will be held May 7-8 alongside CareerConnect Expo featuring almost 100 exhibitors.
Development minister Bernadette Linn says ‘modular integrated construction’ method may help to offset predicted manpower shortfall for building sector.
Hong Kong’s SMEs are more optimistic than their peers in mainland China, Singapore and Australia when it comes to growing their businesses this year, thanks to government support and an increase in online sales, a survey shows.
John Lee says administration’s main concerns are steady supply of alternative products and affordability for consumers.
As city bans single-use plastic, some residents are offering ‘out-of-production’ items for eye-watering prices online.
Many Chinese firms are expected to shift their fundraising plans to Hong Kong following measures by the mainland’s market regulator to support initial public offerings in the city, analysts say.
The Hong Kong Monetary Authority’s SME information platform is part of its ongoing efforts to help SMEs affected by the shift in consumer and tourist spending patterns.
The Advisory Council on the Environment has unanimously endorsed the environmental impact assessment report on the San Tin Technopole with eight conditions.
But some find the lack of free bottled water in hotel rooms an inconvenience.
Most restaurants and takeaway shops in tourists areas such as Mong Kok, Prince Edward and Yau Ma Tei still using plastic utensils at lunchtime.
Some patrons opt to get hands dirty eating fried chicken at popular fast food chains to avoid paying for gloves as new single-use plastics ban gets under way.
Many customers buying takeaway breakfast in busy business district decline to pay extra for alternatives to plastic cutlery as ban gets under way.
Jewellery chain Chow Tai Fook promises more technology-led shopping because ‘that’s what younger customers want’.
The ISSB, a sustainability-reporting standard-setting body, will vote this week to add biodiversity-related disclosures to its work plan, paving the way for such standards to become the global baseline.
China Securities Regulatory Commission on Friday announce five measures to further enhance connectivity between mainland and Hong Kong capital markets.
Some film fans say going to the cinema in city no longer affordable entertainment, particularly with transport and food added.
Tse Chin-wan says the aim of the ban is to gradually build up a plastic-free culture in society.
Smaller caterers opt for alternatives such as rice husk-based containers with first stage of ban on throwaway plastics kicking in on Monday.
But Secretary for Innovation, Technology and Industry Sun Dong also expresses optimism, pointing to city’s edge in bringing in top people despite current manpower shortage.
Lawmaker says he added disclaimer as ‘precaution’ and out of ‘prudence’ in light of new Safeguarding National Security Ordinance enacted last month.
