A tropical depression has developed to the east in the Philippines and might intensify further, skirting about 400km (248 miles) to the south of Hong Kong later this week, the Observatory has warned. The tropical depression was about 980km east of Manila on Monday evening and moving west or west-northwest at about 18km/h (11mph) towards…
Hong Kong’s Airport Authority plans to expand the capacity of its gold vault from 150 tonnes to 1,000 tonnes, in a bid to support the city’s ambitions of becoming a global trading hub for the precious metal amid fierce competition from Singapore. The authority on Monday said it was finalising the expansion plan for the…
In late September, the Chinese University of Hong Kong (CUHK) launched an artificial intelligence (AI)-equipped Earth observation satellite, named the “Hong Kong Youth Science and Technology Innovation Satellite” (香港青年科創號) with support from the ADA Space, a company that is associated with China’s central government and its military-civilian fusion strategy. This cutting-edge satellite – billed by…
Hong Kong-listed Citic said it would sell its 19.23 per cent stake in Fast Food Holdings to a private-equity unit of its affiliate, Trustar Capital Partners, according to a stock exchange filing on Monday. “The disposal is based on the group’s business development strategy” and “provides a good investment return”, Citic said. It said the…
NANCHANG, China, Oct. 21, 2024 /PRNewswire/ — To further deepen the cultural and tourism collaboration between Nanchang and Hong Kong, and to promote mutual assistance in cultural tourism, interchange of visitors, and resource sharing between the two places, on October 17th, the “Heroes Take the Stage, Life is Where We Meet • Nanchang Welcomes You!” Nanchang Cultural…
PUBLISHED : 21 Oct 2024 at 11:17 Small Medium Large Deputy Chief Secretary for Administration Warner Cheuk Wing-hing says there is an increased need for the tourism sector to provide quality service. (Photo: South China Morning Post) Hong Kong businesses should reflect on whether they have come up with innovative plans to…
The “results-oriented” government Chief Executive John Lee Ka-chiu has vowed to run seems to be having a few hiccups. Six key performance indicators (KPIs) could not be ticked off the list in time for Lee’s third policy address last week. While the six tasks span various departments and Lee explained that the delays were due…
Judging by the robust post-stimulus home sales in Hong Kong over the weekend, analysts agree higher loan financing and cheaper borrowing costs have helped lift buying sentiment. The government can certainly dig deeper into its toolbox for reinforcement, if needed. CK Asset Holdings and MTR Corp sold more than 80 per cent of the 248…
The Hong Kong Wine & Dine Festival returns bigger and better this year, not just in size – with more than 300 booths set to participate – but also in duration, taking place over five days between October 23 and 27 until 11pm each night. Staged at its usual haunt in the Central Harbourfront Event…
Hong Kong’s leader has brushed aside a former minister’s suggestion that encouraging protests can help the city’s image abroad, calling the argument that demonstrations prove political inclusivity “narrow-minded”. Chief Executive John Lee Ka-chiu made the remarks on Sunday, two weeks after former housing and transport minister Anthony Cheung Bing-leung told a newspaper that encouraging groups…