Hong Kong and Macau police have cracked down on a cross-border phone scam syndicate that defrauded victims of HK$22 million (US$2.8 million) across 168 cases. The operation resulted in the arrests of three men and four women in Macau, aged between 27 and 48, who were suspected to be involved in about 160 telephone scams,…
Launching in Hong Kong, one of Asia’s busiest transit hubs, the ongoing multi-phased #TravelWithAsia initiative aims to enhance travel experiences and tourism economy in the region, which saw a remarkable 26% increase in cross-border trips in 2024.[1] Through strategic collaborations with leading airlines, banks, public transit operators, and key merchants, the initiative will curate unique…
Hong Kong has taken a big step forward following the release of a blueprint seeking to co-develop an innovation and technology (I&T) hub at the border area with neighbouring Shenzhen authorities. Officials on both sides must work closely together so the venture may achieve the necessary synergy under the strategic national development framework. Conceived under…
If local retail and food and beverage businesses have reason to be concerned about losing custom across the border to Shenzhen, there was little evidence of it in the crowds that jam-packed the entertainment area of Lan Kwai Fong for Halloween celebrations on Thursday. It may have been a week night and many of the…
Hong Kong technology venture-capital (VC) firm MindWorks Capital has finalised a new US dollar fund to invest in start-ups across the Greater Bay Area and Asia, defying an extended slump for China-focused private investments amid geopolitical headwinds. MindWorks closed a US$220 million new fund, with investors including sovereign wealth funds, a university endowment, asset managers,…
Hong Kong’s transport minister has pledged to test out drone and flying car businesses in a “step-by-step” manner, with experts calling for cross-departmental and cross-border discussions to pave the way for the city to tap into the multi-trillion national low-altitude economy. Secretary for Transport and Logistics Lam Sai-hung said on Monday that the government was…