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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.
Rebound of Hang Seng Index may have confounded the doom mongers, but Hong Kong also needs to attract liquidity and reclaim a top position for IPOs.
Trade data provides cautious economic optimism, but Beijing must take measures to boost domestic spending to ensure recovery is not overreliant on exports.
Hong Kong must walk the talk, and get Beijing’s backing to showcase how ‘two systems’ is not only alive but working well.
As campaign to attract young professionals to city gathers pace, the backing of the central government may yet make all the difference.
Hong Kong can congratulate itself on the high number of mainland visitors despite the awful weather, but there’s still room for fresh ideas and better targeted policies.
Chau Kwok-keung, chairman of the Hong Kong Taxi and Public Light Bus Association, also urges government to issue licences for premium services as soon as possible.
Government contract of BSF Hatch, which turns chicken faeces into animal feed, fertiliser and biofuel, is set to expire at the end of August, even as city faces mounting food waste problem.
HKUST president Nancy Ip says she hopes doctors trained by university will help to alleviate city’s long-standing shortage of medical professionals.
Paul Chan says varying success of economic recovery across business sectors needs action to promote more growth.
After demand for masks slumped, Innotier diversified into making products aimed at customers concerned about hygiene in the post-Covid-19 era, founder Juliana Lam says.
Professor Roger Kornberg of Stanford University also says infrastructure and lab work opportunities are important in attracting scientists.
Hong Kong Jockey Club says it will adjust snowball pool arrangement to increase its reserve and meet public’s demand for larger prizes from Tuesday next week.
The developer sold 203 units out of 213 on offer at Yoho Hub II in Yuen Long as of 5pm on Saturday.
Board chairman of arts hub’s managing body says government has until August to make decision, as remaining funds will only last a year.
Cui Jianchun, commissioner of Beijing foreign ministry office in Hong Kong, meets UK Consul General Brian Davidson to discuss Sino-British ties amid heightened tension.
A foreign government may level accusations of espionage when it thinks its boundaries have been crossed, international relations expert Wilson Chan says.
But one legislator warns of impacts of possible sanctions, which he says may prevent city from importing technology it needs to produce chips.
Economy grows 2.7 per cent in first quarter compared with same period last year, with government pointing to tourism as driver for further expansion.
Hong Kong Chinese Civil Servants’ Association throws support behind proposed salary increases outlined in latest pay trend survey published on Thursday.
Lawmakers have questioned rising expenses of ex-leaders amid lack of clarity over roles after leaving office.
Proposals also aim to ensure timely payment, with bureau spokesman pointing to recent high-profile case where subcontractors were reportedly not reimbursed for years.
Affordable Art Fair designed to attract buyers on budget says it has seen increase in number of younger buyers on first day of show.
Clear repositioning will be more helpful in boosting tourism instead of holding monthly fireworks shows, university assistant professor says.
Findings of pay trend survey suggest increments of 4.01% for high-ranking civil servants, 4.32% for middle-level ones and 5.47 per cent for junior staff.
The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its decarbonisation goals.
HBGL, which operates Huobi HK, has withdrawn the licence application for unspecified reasons, requiring it to close the crypto exchange under the city’s virtual asset regulations.
Cathay Pacific paid about HK$60.62 million to its 20 executive directors last year, up 21.6 per cent compared with 2022.
Streets and alleyways on the scenic outlying island are packed for the Cheung Chau Da Jiu Festival.
Readers discuss Hong Kong’s hosting of the Apec Business Advisory Council meeting, Citybus’ inclusive hiring practices, and the Malaysian government’s plan to give its employees a pay rise.
A Cheung Chau bun-steaming workshop is among a string of activities designed to showcase Hong Kong culture and give tourism another string to its bow.