Hong Kong’s US dollar peg is least worst option

Hong Kong’s US dollar peg is least worst option

A Hong Kong dollar note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration/File Photo HONG KONG, June 24 (Reuters Breakingviews) – Whenever some aspect of Hong Kong’s U.S. dollar peg appears askew, observers suggest that the scheme’s end is nigh — or has already arrived. This time, it’s the persistent wide gap…

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Hong Kong leader rejects taxi licence buy-back amid ‘irreversible’ ride-hailing trend

Hong Kong leader rejects taxi licence buy-back amid ‘irreversible’ ride-hailing trend

Hong Kong’s leader has rejected a proposal from the taxi industry for the government to repurchase licences that have depreciated in recent years due to competition from online ride-hailing services, saying the documents have always given cabbies exclusive rights. Chief Executive John Lee Ka-chiu also said on Tuesday that online ride-hailing was an “irreversible trend”,…

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HKSAR Government Condemns US Attack on Hong Kong's Rule of Law and National Security Measures

Hong Kong Police Arrest Five for Alleged Terrorism Conspiracy and Seditious Messaging.

Police National Security Department arrests one man and four women The National Security Department of the Hong Kong Police Force yesterday (June 2) arrested a man and four women, aged between 24 and 38, for “conspiracy to commit terrorist activities”. Investigation revealed that the arrested persons were allegedly involved in sending messages to police via…

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HKSAR Government Condemns US Attack on Hong Kong's Rule of Law and National Security Measures

Hong Kong Customs Arrests Unlicensed Travel Agent for False Trade Descriptions and Illegal Operations

Hong Kong Customs and Travel Industry Authority conduct enforcement operation against unlicensed travel agent ​Hong Kong Customs and the Travel Industry Authority (TIA) conducted a joint enforcement operation on May 27 against an unlicensed travel agent. Customs officers arrested a 62-year-old male proprietor of the agent who was suspected of providing a travel agent service…

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Hong Kong Officials Promote Greater Bay Area Opportunities During Hungary Visit

Hong Kong Officials Promote Greater Bay Area Opportunities During Hungary Visit

SCMA visits Hungary to promote development opportunities in GBA The Secretary for Constitutional and Mainland Affairs, Mr Erick Tsang Kwok-wai, and the Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, Ms Maisie Chan, are currently on duty visit to Hungary to promote the development opportunities of the Guangdong-Hong Kong-Macao Greater Bay Area…

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