A catering sector union has urged the Hong Kong government to regularly review a scheme to import workers to ease long-standing staff shortages and pause it if needed, saying more than 200 locals had reported being fired and replaced by newcomers. The Eating Establishment Employees General Union said on Thursday that it had received a…
Hongkongers choosing to holiday locally for the Easter break are enjoying the lack of crowds and flocking to the last day of a coffee festival, while authorities have said they expect the number of residents returning home to peak on Monday. The latest figures from the Immigration Department showed the city recorded 88,000 outbound trips…
Hong Kong has the potential to become a high-profile art-dealing hub for global collectors due to its low taxes and location, which can be enhanced with more museums, infrastructure and talent, according to academics. Unlike many overseas markets that require buyers and sellers to pay taxes, Hong Kong has no sales tax or capital gains…
In March, around 4,000 music lovers from Hong Kong attended a one-night-only concert by Andrea Bocelli, a legendary tenor once dubbed the “Voice of God” by singer Celine Dion. That the concert on March 29 was in Macau was an inconvenience they were willing to overlook. According to the organiser and resort Galaxy Macau, Hong…
Chinese officials are arguing for cryptocurrency regulations to deal with seized assets. Despite a trading ban, Chinese local governments have reportedly been selling seized crypto assets through private companies. While mainland China continues to uphold its cryptocurrency ban, Hong Kong is pushing to become a cryptocurrency hub. Once the leading cryptocurrency trading and mining hub,…
The number of Form Six graduates in Hong Kong pursuing further studies outside the city has declined by 15 per cent year on year, marking the second straight year of record lows since the government launched an annual survey in 2012. A student consultant and the owner of an agency connecting pupils with overseas universities…
Microsoft joint venture Wicresoft has put a halt to its China projects with the US technology giant, laying off around two thousand employees in the process, according to local media reports and some affected workers. Employees at the Shanghai office of Wicresoft – a Bellevue, Washington-based business consulting venture founded by Microsoft and its Shanghai…
Hong Kong schools recorded a net increase of about 4,500 students for the past academic year, with an industry leader attributing the shift from past trends to the diminishing emigration waves and an influx of young dependants linked to the city’s talent trawl. The city saw more than 80,000 pupils depart its schools between 2019-20…
The number of deals involving non-local homebuyers in Hong Kong has more than tripled over the past two years, official data shows, a jump that experts have attributed in part to the government’s scrapping of property market cooling measures. But the number of transactions by local buyers increased by only 14 per cent between 2023-24…
Hong Kong’s tourism chief has floated a proposal for electronic passes at mega-events and pledged to lead a reform of the local ticketing system, starting with a review of the Cityline’s operations after the firm’s recent mix-ups. In an exclusive interview with the Post, Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui expressed her…