Eateries specialising in what were once known as “poor man’s meals” and which typically operated in Hong Kong’s lower-income neighbourhoods are now bucking the local trend of closing restaurants, with many chains now expanding across the city. One expansive player is Kuen Fat Kitchen, which recently came under the spotlight for spending HK$180,000 (US$22,900) a…
Hong Kong-based Link Asset Management has said it is “streamlining a small number of roles and positions” as part of an efficiency drive in response to a “challenging operating environment” amid reports that the firm has been conducting lay-offs. Economists said the move by the firm, which owns 150 properties in Hong Kong, mainland China…
Hong Kong-based Link Asset Management has said it is “streamlining a small number of roles and positions” as part of an efficiency drive in response to a “challenging operating environment” amid reports that the firm has been conducting lay-offs. Economists said the move by the firm, which owns 150 properties in Hong Kong, mainland China…
Hong Kong’s unemployment rate rose to 3.4 per cent and hit its highest point in more than two years, with the construction and financing sectors notably affected, a trend experts expect to persist through to the end of 2025. Preliminary data from the Census and Statistics Department released on Tuesday showed that the unemployment rate…
Hong Kong leader John Lee Ka-chiu has said the city will proceed with filing a complaint about the US’ punitive tariffs to the World Trade Organization (WTO) despite the truce between Washington and Beijing. The city’s business sector is also gearing up to take advantage of the 90-day tariff suspension window to front-load their shipments…
Cantopop star Nicholas Tse Ting-fung has wrapped up his four-day run of concerts at Kai Tak Sports Park, attracting tens of thousands of fans and the city’s leader, with observers saying such mega-events will boost the city’s soft power and economy. Tse’s previous solo concert in the city was in 2000 at the Hong Kong…
Cantopop star Nicholas Tse Ting-fung has wrapped up his four-day run of concerts at Kai Tak Sports Park, attracting tens of thousands of fans and the city’s leader, with observers saying such mega-events will boost the city’s soft power and economy. Tse’s previous solo concert in the city was in 2000 at the Hong Kong…
The success of mega-events under Hong Kong’s “Super March” tourism campaign paints a “promising” picture of the city’s economic future, a leading business insights provider has said, adding that Art Basel had brought in the wealthiest visitors under the drive at an average monthly income of about HK$44,000 (US$5,700). But a lawmaker and economist both…
Two Hong Kong films broke records by surpassing HK$100 million (US$12.9 million) in box office takings last year, but that did little to ease the woes of cinemas in the city. Audiences are shrinking, and venues are closing. From a peak of more than 125,000 seats in 112 cinemas in 1994, there are now under…
The economic benefits of hosting shows by US pop star Lady Gaga would have to be weighed against the requirements for securing an exclusive Asian stop, observers in Hong Kong said on Monday after rival Singapore signed up the singer for four dates in May following Taylor Swift’s concerts last year. The opening earlier this…