Factoring Hong Kong’s deadly Tai Po fire into a civil service pay review has dealt a blow to staff morale and risks creating perceptions of populism, unions have warned, saying a proposed 2 per cent across-the-board rise fails to offset inflation or reflect overall performance. Human resources experts, however, said public sentiment had to be…
More than 50 restaurants and shops have joined a “tourism everywhere” initiative to promote Hong Kong’s bustling Central district among residents and tourists and boost local spending. The Hong Kong Small and Medium Enterprises Association on Friday revealed the programme to promote hidden delicacies and goods in Central, aligning with the government’s objective to turn…
Some United States importers have cut orders and shifted to short-term contracts after the Middle East conflict triggered a global oil crisis, according to Hong Kong business leaders, who warned of eroding profit margins and strained liquidity. Jeffrey Lam Kin-fung, an Executive Council member and businessman, said on Sunday that the US-Israel war on Iran…
Nearly three-quarters of enterprises from Hong Kong and Greater Bay Area cities will speed up their expansion into the Asean market as a primary strategy to mitigate risks from international trade frictions and shifting global supply chains, according to a survey. The survey and research findings, co-published by the Hong Kong Trade Development Council and…