Hong Kong’s leader begins an official visit to Central Asia on Monday with his largest delegation to date, aiming to explore new markets amid geopolitical uncertainties and help mainland Chinese companies “go global”. Sources said dozens of memorandums of understanding (MOUs) were expected to be signed by representatives from various sectors and their counterparts in…
It’s that time of the year again – tax season, so don’t forget to fill out your return. It’s also the time of the year when the Hong Kong government decides on pay rises for its civil service staff of over 170,000. There’s a well-established system for deciding on pay rises. It includes the pay…
The mystique of Central Asia and its deepening business ties with mainland China have prompted more Hongkongers to choose the region for holidays, according to travel agency heads. They were also optimistic that Chief Executive John Lee Ka-chiu’s high-level visit to Kazakhstan and Uzbekistan this week would further promote Central Asia, encouraging residents to step…
Hong Kong has the “most complete renminbi financial ecosystem” and is well placed to serve as a hub for Central Asian countries seeking to expand the currency’s use in trade and investment, according to a veteran banker. Stephen Chan Man, deputy chief executive of Bank of China (Hong Kong), also said on Thursday that the…
Hong Kong has established an international commercial court specialising in adjudicating major cross-border disputes, with the justice chief saying it will strengthen the city’s role as a global legal hub under the national plan. The Hong Kong International Commercial Court (HKICC) was launched on Thursday as a dedicated platform for global enterprises to resolve high-value…
Hong Kong civil servants could receive a salary rise of up to 4.12 per cent this year, according to preliminary pay trend survey results, subject to final approval by the Executive Council. The survey findings, based on data from 104 private companies and released on Thursday, suggest pay increases of 4.12 per cent for senior…
Veteran industrialist Sunny Chai Ngai-chiu has been appointed as chairman of a government-owned company set to be tasked with developing Hong Kong’s San Tin Technopole – a key pillar of the Northern Metropolis megaproject. Authorities said on Wednesday that the San Tin Technopole Company would be established in the first half of 2026 and that…
Hong Kong authorities have set a cap of 10,000 vehicles for ride-hailing service permits, marking a key step in their long-running effort to establish a regulatory framework, with applicants who have owned a private car for a certain period likely to be given priority. In a paper submitted to the Legislative Council on Tuesday, the…
Hong Kong’s leader has sent his blessings to the first local astronaut, Lai Ka-ying, in a video call ahead of the launch of the Shenzhou-23 space flight on Sunday, calling her participation in the mission a reflection of the country’s trust and support for the city. Payload specialist Lai, in response, recalled her packed, tough…
The unprecedented participation of a Hong Kong researcher in the nation’s space flight mission is testament to the country’s high regard for the city’s innovation and technology talent and accomplishments, Chief Executive John Lee Ka-chiu has said. Lee congratulated payload specialist Lai Ka-ying, who is also a police superintendent, after she was named on Saturday…