Why is the idea of a planned economy anathema to so many people despite China’s success? And why do so many retain faith in market economies given the economic chaos much of the Western world is descending into? These questions have acquired a particular piquancy as Hong Kong embraces long-term planning for the first time,…
TAIPEI, Aug 21 (Reuters) – Taiwan’s coast guard said on Friday that it had warned off and shadowed a Chinese research ship sailing in sensitive waters to the island’s west, the third time the vessel has appeared since May in what Taipei sees as ongoing maritime provocation. China views democratically governed Taiwan as its own…
Hong Kong Aircraft Engineering Company (Haeco) has signed a memorandum of understanding with the country’s largest independent aircraft lessor to set up a maintenance centre in the city, forging what authorities described as a “powerful alliance” between industry giants. The Transport and Logistics Bureau on Thursday revealed that Haeco, a sister company of flag carrier…
At least one top executive of the Hong Kong operator of UK-based beauty chain Opatra London has resigned, it emerged on Thursday, after customs officers arrested two of the company’s managers over alleged coercive and misleading sales practices. Meanwhile, the Lux Boutique outlet at Harbour City in Tsim Sha Tsui, which is operated by the…
Qatar Airways has set up its new regional cargo office in Hong Kong, with the city’s transport minister using the occasion to reveal a local airline would soon announce the launch of direct flights to Central Asia. Secretary for Transport and Logistics Mable Chan dropped the hint, but did not name the airline, while attending…
MANILA, Aug 18 (Reuters) – The Philippines does not expect a reduction in military activities with its treaty ally the United States amid redeployment of some U.S. defence assets to the Middle East, an official said on Monday. The movement of assets including the USS George Washington aircraft carrier from the Pacific to the Middle…
New Delhi, India — China has denied the Indian army access to key patrolling points and encroached on land in the Indian border state of Arunachal Pradesh, according to a fact-finding team of regional politicians allied with Prime Minister Narendra Modi’s government. The report has sparked political outrage in New Delhi, where the opposition has criticised…
This article was first published on August 18, 1971. Ferry disaster: no hope for missing crew by T. S. Koo A large but undetermined number of the crew of the Hongkong-Macao ferry Fatshan, including her master and senior British officers, were feared drowned when she capsized off Lantao during the typhoon early yesterday (August 17,…
Two Hong Kong universities have secured places in the top 100 of an academic ranking that assesses 1,000 institutions worldwide. The University of Hong Kong (HKU) rose five places from 67th last year to 62nd, while City University of Hong Kong (CityU) climbed four places from 99th to 95th in the Academic Ranking of World…
More than 86,000 football fans passed through Kai Tak Stadium over two nights recently as Manchester City faced Inter Milan and Chelsea took on Juventus. Supporters filled nearby malls and restaurants, with some merchants reporting foot traffic three to four times higher than usual. For those few hours, Kai Tak offered a glimpse of what…