It has been good to see Hong Kong shine in its long-established role as China’s gateway to the world. The city should be proud of the latest outreach efforts in the Middle East by an official high-level delegation from its companies and those on the mainland. Chief Executive John Lee Ka-chiu led more than 50…
What is Hong Kong’s answer to Singapore’s Economic Development Board or the mainland’s National Development and Reform Commission? We don’t really have an exact equivalent, perhaps in keeping with our historical stance on the economy, in which the private sector takes the lead and the government role is to facilitate and support. However, in an…
What is Hong Kong’s answer to Singapore’s Economic Development Board or the mainland’s National Development and Reform Commission? We don’t really have an exact equivalent, perhaps in keeping with our historical stance on the economy, in which the private sector takes the lead and the government role is to facilitate and support. However, in an…
Sweeping lay-offs by the US Department of Government Efficiency have reportedly eliminated over 275,000 federal jobs and displaced skilled professionals in academia and the sciences, intensifying global talent competition. Faced with uncertainty, many are now seeking opportunities abroad. This has created a space for other countries and regions to step in, utilising flexible immigration policies,…
How do you solve a 15-million-square-foot empty office space problem in Hong Kong, a size larger than all the space in existing prime office buildings in the city’s main business district in Central? This is the dilemma facing Hong Kong office landlords and asset managers, given the current vacancy rates and future supply of new…
Registrations of local and non-local companies in Hong Kong reached all-time highs in 2024, according to authorities. While the Companies Registry said on Friday that it had made the process easier, a lawmaker attributed the increase to the government’s recent aggressive efforts in attracting overseas companies. Last year, 145,053 local businesses were established, bringing the…
Hong Kong has taken a big step forward following the release of a blueprint seeking to co-develop an innovation and technology (I&T) hub at the border area with neighbouring Shenzhen authorities. Officials on both sides must work closely together so the venture may achieve the necessary synergy under the strategic national development framework. Conceived under…
Hong Kong’s finance chief has revealed that another 17 companies will set up offices locally under a government push to develop the innovation and technology sector, as he pointed to “golden opportunities” for firms looking to settle in the city. Financial Secretary Paul Chan Mo-po also said on Sunday that Hong Kong would need to…
Hong Kong is the most competitive city in the Greater Bay Area in three of six critical industries, according to an index that compares the relative advantages of the southern Chinese region’s 11 cities. Hong Kong tops the charts for financial services, trade and logistics, as well as culture, sports and tourism, according to the…
Hong Kong will become more aggressive in luring investors who can help develop start-ups as the city seeks to diversify the economy and boost the innovation and technology (I&T) sector, the Post has learned. Sources told the Post that city leader John Lee Ka-chiu would announce changes to how the HK$2 billion (US$257.4 million) Innovation…