Conflicts in the Middle East highlight Hong Kong’s attractiveness as a talent hub promising safety and stability, the city’s labour chief has said. Secretary for Labour and Welfare Chris Sun Yuk-han on Monday said that while Hong Kong already drew global talent because of its status as an international city, its safety and security were…
The escalating conflict in the Middle East is set to drive up travel costs for Hong Kong passengers as many are forced to opt for more expensive direct routes to Europe, according to analysts. They said on Monday that the suspension of major transit hubs in Dubai in the United Arab Emirates (UAE) and Doha…
At least five Hong Kong universities have backed the government’s proposal to launch study tours aimed at attracting non-local secondary students to pursue higher education in the city, with programmes featuring topics such as AI. The University of Hong Kong (HKU), the city’s oldest tertiary institution, said it would offer up to 35 programmes this…
Less than half of Hong Kong employees feel happy at work, a survey has found, ranking the city’s workplace happiness the lowest among eight Asia-Pacific economies, including Singapore. Recruitment platform Jobsdb on Friday released its survey of 1,020 local workers. The poll also found that 44 per cent of local respondents reported burnout at work…
Tens of thousands of Hongkongers and tourists lined the streets in Tsim Sha Tsui on Tuesday evening for the city’s annual Lunar New Year float parade, with the crowd left in awe as they saw dancers, dragons and other delights. The two-hour Cathay International Chinese New Year Night Parade began at 8pm on Tuesday with…
As Hong Kong, mainland China and several other Asian markets usher in the Year of the Horse on Tuesday, the region’s commercial real estate sector is expected to draw increased cross-border capital, with certain segments set to outperform as mega-deals make a comeback, analysts said. Asia-Pacific was set to be a focus among global investors,…
Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter…
Former governor Chris Patten once said nobody ever profited from betting against Hong Kong. Anybody wagering against its “one country, two systems” policy will undoubtedly be out of pocket. Since 1997, the policy has been the city’s lodestar. While the post-reunification settlement was repeatedly challenged, most notably during the 2019 social unrest, Hong Kong has…
Hong Kong’s transport minister has promised to refine a policy requiring seat belts to be worn on buses by ensuring the devices become more user-friendly, while acknowledging lawmakers’ calls for a review of the recent law. Secretary for Transport and Logistics Mable Chan made the pledge on Wednesday, less than a week after the new…
Hong Kong’s rail giant has sold its first-ever Australian dollar-denominated green bonds for a record A$2 billion (US$1.4 billion) to fund environmentally friendly projects, marking the country’s largest order book. The bonds, issued in two equal tranches, were oversubscribed more than sixfold by a variety of investors, the MTR Corporation said on Tuesday. The offering…