About 90 per cent of flat owners at the fire-damaged Wang Fuk Court have returned signed letters accepting the government’s buy-back offer, but some residents have raised concerns about rushed decisions tied to priority selection. The Deputy Financial Secretary’s Office said on Friday that as of July 16, a total of 1,786 owners, or about…
Hong Kong flag carrier Cathay Pacific Airways will resume Middle East passenger flights in September, six months after suspending services due to the war. The airline said on Thursday it would progressively restore passenger and cargo operations, starting with freighter flights to Riyadh, Saudi Arabia, from August 1. Daily passenger flights to Dubai in the…
Hong Kong’s unemployment rate fell by 0.1 percentage point to 3.7 per cent in the first quarter, marking a second consecutive decline across rolling three-month periods. The Census and Statistics Department said on Thursday the jobless rate stood at 3.7 per cent for January to March, down from 3.8 per cent in the preceding period…
Hong Kong Exchanges and Clearing (HKEX) has unveiled its biggest listing reforms since 2018, broadening its special listing regime for innovative companies and opening the door for smaller and more diverse firms to list in the city, the bourse operator said on Friday. HKEX proposed lowering the minimum threshold for companies to list under the…
A wild boar bit a hiker in Hong Kong before it fell down a flight of stairs and died, according to police. A police spokesman said the victim, 57, had arrived at a public toilet at Boon Kin Village in Tseung Kwan O on Friday morning while hiking with her husband, also 57, and a…
Hong Kong experienced its warmest winter on record between December and February, according to the city’s forecaster, with a mean temperature of 19.3 degrees Celsius (67 Fahrenheit) – two degrees above normal. The Hong Kong Observatory on Tuesday also attributed the unseasonably warm February to a weaker-than-normal northeast monsoon over southern China for most of…
Hong Kong must maintain cash reserves to cope with geopolitical shocks and support long-term growth, even with a surplus expected in the government’s operating account this year, the financial secretary has said. Paul Chan Mo-po also said on Saturday that the city’s economy outperformed forecasts last year, lifted by strong exports to Southeast Asia and…
Four people injured in Hong Kong’s deadly Tai Po fire remain in hospital in stable condition, while 75 others have been discharged as of Thursday, according to health authorities. A government spokesman said that healthcare staff would continue to provide appropriate treatment and care to the patients from the Wang Fuk Court fire, which claimed…
Hong Kong’s Lunar New Year parade next month is expected to attract 100,000 people, with global toy sensation Labubu and the city’s storied wishing tree being featured on floats in the procession. The Hong Kong Tourism Board, which organises the event, said that eight “distinctive” floats would be displayed at the Kai Tak Sports Park…
Some tenants of a government-subsidised youth hostel in Hong Kong fear having to return to shoebox homes and are scrambling to find alternatives after a private operator announced its shutdown last week. A resident of the BeLIVING Youth Hub in Causeway Bay told the Post on Friday that the hostel’s operator, the Hong Kong United…