Financial Secretary Paul Chan Mo-po delivered his latest budget on February 25. Over the past decade, under his stewardship, Hong Kong has weathered multiple economic shocks and recently returned to a respectable growth rate of 3.5 per cent. Yet the tasks ahead are formidable: addressing a structural fiscal deficit in the city’s capital account while…
Japan’s representative to Hong Kong has said his consulate is making “steady progress” in developing ties with the city, while noting the absence of top local officials at a celebration of the emperor’s birthday amid tensions between Tokyo and Beijing. Jun Miura, the country’s consul general to the city, on Thursday expressed his thanks for…
Hong Kong’s top decision-making body has held 25 per cent fewer meetings in the first 3½ years of the current administration compared with the previous two governments, the South China Morning Post has found, with the group’s secretariat urging the public to focus on “outcomes of the work” rather than on the number of gatherings….
A mainland Chinese drone manufacturer owned by a carmaking giant has revealed that it is eyeing Hong Kong as a future market for its flagship passenger-carrying flying car, as the city embarks on a new phase of developing its low-altitude economy. Aerofugia, a subsidiary of China’s second-largest carmaker, Zhejiang Geely Holding Group, said that Hong…
With Hong Kong leader John Lee set to deliver his annual policy address on September 17, the Post examines key topics the chief executive is expected to focus on, including a mega infrastructure project near the border, new economic drivers and livelihood issues. In the second of a seven-part series, Edith Lin examines how the…
Hong Kong was responsible for nearly half of the green bonds issued in Asia in 2024 and saw a surge in sustainability-related funds, as strong demand from regional mainland governments and start-ups raised the city’s stature as a finance hub for climate-friendly projects, according to a minister. Green bond issuance in Hong Kong last year…
Hong Kong needs to develop its “geopolitical instincts” to navigate the US-China rivalry amid the broader global shift in power from the West to the East, a former top diplomat from Singapore has said. Kishore Mahbubani, who previously served as Singapore’s permanent representative to the United Nations and president of the UN Security Council, also…
On August 19, a declaration of fraternal love gushed forth in the same spot where Presidents Donald Trump, Xi Jinping and their wives had a private dinner in 2017, deep in the heart of Beijing’s Forbidden City. Enshrouded within the serenity of Jianfu Palace, or the Palace of Established Happiness, the directors of Beijing’s Palace…
It is quite unimaginable that Hong Kong continues to struggle with basic necessities such as water. However, that is the case, at least when it comes to the government. Ten years ago, opposition lawmaker Helena Wong Pik-wan found excessive levels of lead in drinking water that was later discovered to have affected 11 public housing…
The man considered Hong Kong’s emperor of architecture – the city’s own master builder, its home-sprung fountainhead – is talking about his new book. The original title he’d chosen was Learning from Hong Kong? “The question mark is important because that means I’m not being too conceited or self-centred,” says Rocco Yim Sen-kee. Framed within…