The Hong Kong government has appointed veteran politician Jeffrey Lam Kin-fung to chair the board of directors of the Hung Shui Kiu Industry Park Company – the first entity established to accelerate the development of the Northern Metropolis project. The Development Bureau said on Friday that the board of directors comprises five bureau chiefs and…
The surge in oil prices caused by the Middle East conflict will drive up the cost of plastic products, construction materials and even household goods such as toilet paper in Hong Kong, according to business leaders. They also warned on Monday that some local exporters and manufacturers faced a cash-flow squeeze as overseas buyers opted…
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…
Hong Kong’s finance chief has pledged to further integrate financial services with technology innovation to foster a thriving ecosystem, following a surge in investor interest in artificial intelligence-related stocks during the first trading day of the year. Financial Secretary Paul Chan Mo-po on Sunday also emphasised Hong Kong’s role as an international capital market in…
Some readers might not know Hong Kong had an election a little over a week ago. And that’s OK, because most of us aren’t part of the 3,631 voters eligible to take part in the Election Committee subsector by-elections, held on September 7. The election achieved a phenomenal voter turnout rate of 97.33 per cent….