Nearly one-third of Hong Kong companies plan to increase hiring in the next three months, while professional, scientific and technical services are likely to cut staff, especially junior positions, amid the widespread adoption of artificial intelligence, a survey has found. Human resources solutions company ManpowerGroup Greater China released its findings on Tuesday, after surveying 506…
At a packed and tiny storefront in Hong Kong’s Sham Shui Po, Yau Yiu-wai busily explains the best way to open and shut umbrellas to an endless stream of interested buyers. But the 73-year-old shop owner only received a bump in customers after announcing earlier this week that he would be closing down the 183-year-old…
Workers at a large Nexperia packaging plant in the southern Chinese city of Dongguan said they are worried about becoming collateral damage in a simmering political dispute between the Netherlands and China that has upended the management of the Dutch semiconductor maker. During a visit by the Post on Thursday, operations at the factory appeared…
Chinese artificial intelligence start-up DeepSeek has launched an “experimental” version of its V3 foundation model ahead of the country’s National Day holiday, as the Hangzhou-based company accelerates its product releases. On Monday, DeepSeek released V3.2-Exp and open-sourced it on developer platforms Hugging Face and Alibaba Group Holding-backed ModelScope. According to DeepSeek, this model enhanced training…
A 13-year-old boy was among more than 400 people arrested in a citywide anti-drug operation over the summer, with Hong Kong police saying he was suspected of trafficking four capsules believed to contain etomidate, previously known as space oil. Police said on Sunday that officers smashed 303 drug cases during the seven-week operation, code-named “Tailbacker”,…
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At the beginning of this year’s Lunar New Year, a fortune-teller told Richard Ekkebus, culinary director of the Landmark Mandarin Oriental hotel in Hong Kong, that he would reach new heights in 2025. This came as no surprise to the chef, who also happens to be a prolific mountaineer; at the time, he was already…
Hong Kong’s retail sales in May jumped by 2.4 per cent year on year, reversing a 14-month contraction, with the uptick boosted by a surge in visitors during several “golden week” holidays. Provisional figures released by the Census and Statistics Department on Wednesday showed total retail sales in May reached HK$31.3 billion (US$3.9 billion). The…
Film producer and actor Raymond Wong Pak-ming plans to plead not guilty to insider trading charges brought by Hong Kong’s securities watchdog, according to his legal representative. Wong, 79, is being prosecuted by the Securities and Futures Commission for alleged insider trading concerning shares in Transmit Entertainment, a television series production company previously known as…
A local labour union has urged the Hong Kong government to review its imported labour policy after a survey revealed that more than half of catering workers lost their jobs following the Lunar New Year, while the percentage of employers hiring non-local workers trebled. The survey, jointly conducted by the Federation of Hong Kong and…