https://www.scmp.com/rss/523595/feed The latest news and top stories on Federation of Hong Kong Industries. A prominent Hong Kong-based statutory industrial organisation, the Federation of Hong Kong Industries (FHKI) is dedicated to promoting and fostering the interests of Hong Kong’s industrial and business communities. Established in 1960, its main areas of focus include advocating for industry views, promoting trade investment technological advancement and manpower development. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Ng Kang-chung Ng Kang-chung Hong Kong employers could face punitive surcharges for failing to pay outstanding contributions to their staff members’ pension accounts for extended periods, with data showing only one in six bosses settled the arrears within the prescribed two-week deadline. The Mandatory Provident Fund Schemes Authority (MPFA), which manages the city’s pension plans, said it was working on a “two-tier surcharge” mechanism proposal that it hoped to present to the government by the middle of the year. In a blog... https://www.scmp.com/news/hong-kong/society/article/3348298/mpf-authority-propose-2-tier-surcharges-late-employer-contributions?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3348298/mpf-authority-propose-2-tier-surcharges-late-employer-contributions?utm_source=rss_feed Sun, 29 Mar 2026 10:18:10 +0000 Ng Kang-chung Ng Kang-chung Businesses in Hong Kong remain confident of weathering uncertainties after US President Donald Trump raised global tariffs in response to a Supreme Court ruling that struck down his sweeping levies on imports. The local business sector was convinced that the impact of the new 15 per cent global tariff would be “limited”, echoing the opinion of financial officials. “President Trump’s actions only undermine confidence in American investment and trade, doing nothing but harm,” Jimmy Ng Wing-ka, who... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344323/hong-kong-businesses-take-trumps-latest-tariff-surprise-stride?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344323/hong-kong-businesses-take-trumps-latest-tariff-surprise-stride?utm_source=rss_feed Mon, 23 Feb 2026 14:01:06 +0000 Lam Ka-sing Lam Ka-sing Simon Leung has been without a full-time job since his contract ended in March 2024, after the Hong Kong government cut its budget for NGOs by 7 per cent. The social work event coordinator, who is in his late forties, now makes ends meet through gig jobs. With word spreading that the city’s coming budget will yield an early operating surplus, he wants Financial Secretary Paul Chan Mo-po to restore funding for non-governmental organisations so retrenched workers like him can be hired again. “They... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344041/hong-kong-budget-2026-27-beyond-balancing-books-whats-stake?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3344041/hong-kong-budget-2026-27-beyond-balancing-books-whats-stake?utm_source=rss_feed Fri, 20 Feb 2026 00:30:08 +0000 Willa Wu Willa Wu Hong Kong’s business sector has echoed a government call to boost the voter turnout rate in the coming Legislative Council election by offering incentives such as a half day of paid leave and transport subsidies to encourage employees to cast their ballots. Developer Sino Group was among the first conglomerates leading the drive as it announced it would grant more than 11,000 staff members a half day of leave for voting on December 7 while promoting election awareness internally. “This is... https://www.scmp.com/news/hong-kong/politics/article/3331127/hong-kong-business-sector-push-get-workers-vote-coming-legco-poll?utm_source=rss_feed https://www.scmp.com/news/hong-kong/politics/article/3331127/hong-kong-business-sector-push-get-workers-vote-coming-legco-poll?utm_source=rss_feed Fri, 31 Oct 2025 14:30:43 +0000 Denise Tsang,William Yiu,Willa Wu Denise Tsang,William Yiu,Willa Wu Hong Kong exporters breathed a collective sigh of relief following the recent breakthrough in Sino-US trade talks, saying they could now focus on their business plans for the coming year. On Thursday, Chinese President Xi Jinping and US counterpart Donald Trump reached a consensus to dial down tensions and put on hold a number of thorny issues such as pausing tariffs for a year until next August. With the truce, a 10 per cent so-called reciprocal tariff the United States imposed on imports from... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3331113/china-us-trade-truce-offers-certainty-relief-hong-kong-exporters?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3331113/china-us-trade-truce-offers-certainty-relief-hong-kong-exporters?utm_source=rss_feed Fri, 31 Oct 2025 12:31:01 +0000 Lo Hoi-ying Lo Hoi-ying Hong Kong has moved closer to having its first batch of halal-certified restaurants under the city’s Q-mark certification scheme by the end of this year, with the finance chief insisting the next step is to expand international promotional efforts targeting Muslim tourists. Commerce experts on a panel exploring halal markets on Monday also emphasised that Hong Kong businesses should learn more about Middle Eastern nations and traditions rather than viewing Islamic countries as a single... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328792/hong-kong-have-first-halal-certified-restaurants-under-q-mark-scheme-year-end?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3328792/hong-kong-have-first-halal-certified-restaurants-under-q-mark-scheme-year-end?utm_source=rss_feed Mon, 13 Oct 2025 07:56:32 +0000 Oscar Liu Oscar Liu Hong Kong’s box office record-breaker The Last Dance will represent the city in the race for best international feature film at the Oscars next March. The Federation of Motion Film Producers of Hong Kong said on Thursday the selection was made according to the criteria set by the Academy of Motion Picture Arts and Sciences. To qualify for the international feature film category, a movie must be over 40 minutes, produced outside the United States, with more than half of its dialogue in a language... https://www.scmp.com/news/hong-kong/society/article/3326840/hong-kong-blockbuster-last-dance-enters-race-oscar-glory?utm_source=rss_feed https://www.scmp.com/news/hong-kong/society/article/3326840/hong-kong-blockbuster-last-dance-enters-race-oscar-glory?utm_source=rss_feed Thu, 25 Sep 2025 09:09:29 +0000 Lam Ka-sing Lam Ka-sing One of Hong Kong’s largest business chambers is taking on a bigger role in leading trade delegations to help local and mainland Chinese firms reach new markets at home and abroad, with plans to visit Osaka this week and Hangzhou in December, according to its new chairman. Chief Executive John Lee Ka-chiu highlighted in his policy address last week the Federation of Hong Kong Industries’ recent business trip to Vietnam as an example of how the city was pooling industry strengths to support... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3326310/hong-kong-business-chamber-spearheads-local-mainland-chinese-firms-push-abroad?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3326310/hong-kong-business-chamber-spearheads-local-mainland-chinese-firms-push-abroad?utm_source=rss_feed Mon, 22 Sep 2025 00:30:15 +0000 Cannix Yau,Oscar Liu Cannix Yau,Oscar Liu Hong Kong leader John Lee Ka-chiu has mapped out plans to break the city’s economic bottleneck on several fronts, from the food and pet sectors to the low-altitude and new energy industries and beyond. In his policy address on Wednesday, the chief executive said the latest blueprint served as a road map for the city to achieve a “vibrant economy, pursue development and improve people’s livelihoods”. “The well-being of our people is intimately linked to the health of our economy, making economic... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325908/policy-address-2025-how-will-john-lees-plans-shape-hong-kongs-economic-landscape?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3325908/policy-address-2025-how-will-john-lees-plans-shape-hong-kongs-economic-landscape?utm_source=rss_feed Wed, 17 Sep 2025 14:24:36 +0000 Lam Ka-sing Lam Ka-sing Hong Kong’s industrial sector is increasingly adopting a “China plus N” strategy as a primary defence against unpredictable United States trade policies, with about 70 per cent of its members already operating in, or moving to, Southeast Asia, according to a report. Steve Chuang Tzu-hsiung, chairman of the Federation of Hong Kong Industries, said on Tuesday that this strategy was a calculated hedge against geopolitical volatility that had been years in the making. “You don’t know which madness... https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3318347/trumps-trade-policies-drive-hong-kong-industrys-china-plus-n-shift?utm_source=rss_feed https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3318347/trumps-trade-policies-drive-hong-kong-industrys-china-plus-n-shift?utm_source=rss_feed Tue, 15 Jul 2025 14:29:44 +0000