Hong Kong’s leader is expected to roll out measures to amplify the city’s status as an international financial, trade and maritime centre in his third policy address on Wednesday, the Post has learned. Chief Executive John Lee Ka-chiu would also announce plans to diversify the economy through innovation and new industries such as life sciences…
Subdivided flats and cage homes are Hong Kong’s shame. With our financial discipline, land sale premiums, tax revenue and sound investments, the government has built up substantial fiscal reserves over the years and invested in expensive infrastructure. Given all that spending, though, we have somehow failed to eliminate some 110,000 subdivided units to help our…
Hong Kong will have a “golden opportunity” to develop its higher education institutions in the coming decade given Beijing’s support, a minister has told a forum where university heads also debated how to build the city into an international hub for students. The presidents disagreed on the best way to reach that goal, with some…
The Hong Kong government is teaming with media company Bloomberg to stage a series of events for family offices, the latest move in the push to promote the city as a hub for such investment vehicles. The Financial Services and the Treasury Bureau and other government agencies will work with Bloomberg to put on events…
HSBC, the city’s biggest lender, expects six more rate cuts in the US, which will considerably bring down the cost of funding and benefit the local economy and markets, according to its Hong Kong head. The Federal Reserve, which cut its key rate by half a percentage point on September 18, will undertake another six…
More than 10 companies in strategic sectors such as artificial intelligence (AI) and big data will become the latest to set up offices in Hong Kong under a government push to promote development in technology industries, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday the businesses were from mainland…
More than 10 companies in strategic sectors such as artificial intelligence (AI) and big data will become the latest to set up offices in Hong Kong under a government push to promote development in technology industries, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said on Sunday the businesses were from mainland…
Western politicians should stop putting “inappropriate pressure” on overseas judges serving in Hong Kong, a deputy minister has said after a third British justice stepped down from the city’s top court in the space of several months. The call from Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday followed the recent departure of Nicholas…
Western politicians should stop putting “inappropriate pressure” on overseas judges serving in Hong Kong, a deputy minister has said after a third British justice stepped down from the city’s top court in the space of several months. The call from Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday followed the recent departure of Nicholas…
The executive director of the Hong Kong Performing Arts Expo (HKPAX) resigned just weeks before the HK$42 million (US$5.4 million) international “mega event”, organised by the Hong Kong Arts Development Council (ADC) begins on October 14. The Post has learned that veteran arts administrator Heidi Chu Ching-han, who was in charge of launching the new…