Hong Kong

Myanmar's poor infrastructure holds it back but Hong Kong firms see opportunities

Buildings go up in Yangon, where infrastructure is unable to keep up with breakneck development. Photo: AFP

The 320-kilometre bus ride from the commercial centre of Yangon to Naypyidaw, the new capital carved out of the jungle by the junta in the past decade, takes 6-1/2 hours. But traffic jams are not to blame for the slow pace. On the contrary, traffic is only seen occasionally on the main route between the old and new capitals. Rather, substandard construction techniques are to blame for the slow, sometimes bumpy ride.

Monday, 8 April, 2013, 4:04am 1 comment

French wave heads for Hong Kong

Jean-Baptiste Dabadie has grown a local business to serve clients all over the world. Photo: Felix Wong

Arnault Castel, the founder and owner of fashion and lifestyle boutique Kapok, is among the many French entrepreneurs who bet on the Asian growth story when he set up his business in the city seven years ago.

6 Apr 2013 - 4:47am

Challenges of being an education hub

Students prepare for a debate. Photo: Nora Tam

Hong Kong has what it takes to be an education hub, recently released international research has shown.

8 Apr 2013 - 10:08am

Hong Kong woman tests negative for Sars-like virus

A microscopic image of the coronavirus which can cause Sars and other ailments. Photo: AP

A Hong Kong woman who showed respiratory symptoms after a trip to the Middle East have tested negative for a Sars-like virus, the Health Department said on Friday. Preliminary labouratory test results for respiratory specimens from the 37-year-old woman were negative for the novel coronavirus, a department spokesman said.

5 Apr 2013 - 11:05pm

Mexican President Enrique Pena Nieto in Hong Kong in bid to boost China trade

Pena Nieto

Mexican President Enrique Pena Nieto will arrive in Hong Kong today at the start of a four-day visit to China as the world's 13th-largest economy seeks to tap into East Asia's growing markets and outbound investment.

5 Apr 2013 - 10:17am

80pc of HK children do not know how to dress themselves: poll

80pc of HK children do not know how to dress themselves: poll

Nearly 80 per cent of Hong Kong children do not know how to dress themselves, and about 60 per cent of them do not know how to take a bath on their own, according to a survey released on Children's Day yesterday.

5 Apr 2013 - 3:57am

Pay cuts for foreign bankers slow luxury-home rent rises in Hong Kong

Cuts in expats' expenses hit rents

Rents for luxury homes in Beijing, Shanghai and Guangzhou grew faster last year than those in Hong Kong, where demand was affected by cuts in allowances for expatriate staff in the financial industry, property consultants say.

4 Apr 2013 - 4:03am

Samsung's Galaxy S4 set to launch in Hong Kong

The S4 runs the latest version of Google's Android operating system.

The Galaxy S4, which debuted in New York City about three weeks ago, will be introduced to the local market at a Samsung-hosted media event on April 18 at the Hong Kong Convention and Exhibition Centre in Wan Chai.

4 Apr 2013 - 5:04am

The misery of Hong Kong's wealth gap

While our collective wealth is improving, the ever-widening wealth gap has become a source of social tensions. Photo: EPA

Hong Kong people are a miserable lot. According to the misery index constructed by Shue Yan University's Economic and Wellbeing Project, seven in 10 Hongkongers say they are living in misery.

30 Mar 2013 - 3:30am 1 comment

Inside the caged world of Hong Kong's 'hidden youths'

Illustration: Henry Wong

With his sporty clothing, love of basketball and gentle yet firm voice, Louis Yip does not fit the stereotype of a reclusive secondary-school dropout. But the 19-year-old once quit his classes and spent a full year as a recluse, playing video games at home. He joined a growing army of jobless school leavers who are not engaged in education or training - the so-called "non-engaged youths".

30 Mar 2013 - 3:43am

Tax incentives set to lure Chinese private equity funds

The tax law change should add to the number of finance jobs.

Hong Kong's latest tax incentives are expected to lure large numbers of investment houses from the mainland to raise their first offshore private equity funds in the city to compete with big international names such as Blackstone and TPG, in a reversal of previous trends.

26 Mar 2013 - 10:16am

Unintended consequence of property price curbs: more stock market speculation

Amid policy tigtening, some Hong Kong property investors have chosen to leave the market for a while. Photo: AP

The Hong Kong government has been keen to curb fast-rising property prices since late last year, but all its efforts may be creating a new problem: more speculation in the city's stock market.

25 Mar 2013 - 11:02am 2 comments

Hong Kong takes second place in London market

Overseas buyers invested £9.6 billion in the London property market last year, generating nearly 70 per cent of total sales. Photo: Bloomberg

Hongkongers are the second-biggest overseas buyers for new properties in London after Singaporeans, a survey shows.

People from overseas bought £2.2 billion (HK$25.8 billion) worth of newly built property in central London last year, up 22 per cent from 2011, a report by property consultancy Knight Frank said yesterday.

22 Mar 2013 - 4:53am

Propaganda site People.com.cn opens branch in Hong Kong

Propaganda site People.com.cn opens branch in Hong Kong

Beijing's propaganda site, People.com.cn opened a branch in Hong Kong yesterday at a time when the discrepancies between Hong Kong and the mainland are widening on topics ranging from livelihood to politics.

20 Mar 2013 - 9:08am

Hong Kong exporters' mood lifted by brighter world outlook

The value of HK's exports is predicted to grow by 4pc this year.

Hong Kong exporters' confidence rebounded the most in a year this quarter, although it remained slightly below the threshold that indicates expansion.

Their optimism was fuelled by improved exports, although jewellery exporters remained gloomy in light of a clampdown on the lavish lifestyle of mainland bureaucrats.

20 Mar 2013 - 4:35am