The Hong Kong Tourism Board will ramp up efforts to encourage family and business visitors to extend their stay in the city by promoting diverse travel experiences, the body’s new chief has said. Board chairman Peter Lam Kin-ngok said on Friday that Hong Kong could no longer rely on past glories by only promoting itself…
Top Chinese diplomat Wang Yi will arrive in Hong Kong on Thursday afternoon and meet the city’s leader ahead of a ceremony for the establishment of an intergovernmental mediation organisation in the financial hub, the Post has learned. A source familiar with the itinerary said on Wednesday that Chief Executive John Lee Ka-chiu would greet…
An international mediation body to be inaugurated in Hong Kong and backed by mainland Chinese authorities could open its office as early as the end of this year, a senior official has said. Legal experts said they expect it to burnish the city’s status as a top jurisdiction to resolve disputes between states amid rising…
The cryptocurrency industry has continued to advance, with bitcoin prices hitting a record high earlier this week. Stablecoins have come under the spotlight as regulators in Hong Kong and the US push for legislation for the popular tokens. Here we answer five common questions about stablecoins. What are stablecoins and how are they used? Stablecoins…
Hong Kong’s environment minister has cautioned against using mandatory measures to advance green policies given challenges the city faces arising from geopolitical tensions and economic transition, as he unveiled plans for the next phase of the ban on single-use plastics. Secretary for Environment and Ecology Tse Chin-wan said on Saturday the government would carry out…
Patriotic groups in Hong Kong will hold a government-backed carnival for the third consecutive year during the period running through the 36th anniversary of the Tiananmen Square crackdown, with the event set to return to the site where the annual candlelight vigils commemorating the tragedy used to be held. The five-day “Hometown Market”, featuring some…
CK Hutchison Holdings needs a war chest to maintain its fiscal health in the face of escalating geopolitical tensions, its chairman Victor Li Tzar-kuoi has said, with senior managers assuring the US$23 billion deal involving two Panama ports will comply with regulations. At the conglomerate’s annual general meeting on Thursday, Li said that many uncertainties…
China’s top diplomat, Wang Yi, will visit Hong Kong next Friday to attend a ceremony linked to a mediation organisation established in the city with Beijing’s backing. A spokesman for the Ministry of Foreign Affairs said on Tuesday that Wang would attend the signing ceremony of the Convention on the Establishment of the International Organisation…
The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…
The 90-day pause on Sino-US tariffs has caused “daily challenges” for Hong Kong manufacturers, industry veterans have said, revealing they have been receiving unlawful demands from American importers seeking to circumvent levies. Several told the Post that Beijing and Washington’s suspension of tariffs for 90 days from May 14 had given Hong Kong exporters some…