Opinion | Hong Kong’s outdated licence regime is a barrier to progress

Opinion | Hong Kong’s outdated licence regime is a barrier to progress

Hong Kong Chief Executive John Lee Ka-chiu’s pledge to address the decade-long conflict between taxis and ride-hailing services is a welcome development for commuters. However, it also underscores a broader concern: the challenges the city encounters with its licensing structures. While there has been movement towards revising parts of the system – such as Transport…

Read More
Will new review system fix Hong Kong’s civil service? Experts have doubts

Will new review system fix Hong Kong’s civil service? Experts have doubts

Hong Kong needs to completely overhaul its civil servant review mechanism rather than add another layer of assessment to the existing system if the administration wants to improve performance and governance, observers have said. While one lawmaker said the government should implement clear assessment criteria for civil servants, others stressed that objective performance measures for…

Read More
Group tour prices from Hong Kong drop 10% as tourists opt for alternatives to Japan

Group tour prices from Hong Kong drop 10% as tourists opt for alternatives to Japan

Hong Kong travel agencies have launched cheaper outbound group tours this summer, driven by increased flight capacity amid a shift in tourists’ preference away from Japan due to increased earthquake concerns. Several tour operators have reported that prices for their summer group tours are either lower or have remained stable, adding that popular destinations include…

Read More
Group tour prices from Hong Kong drop 10% as tourists opt for alternatives to Japan

Group tour prices from Hong Kong drop 10% as tourists opt for alternatives to Japan

Hong Kong travel agencies have launched cheaper outbound group tours this summer, driven by increased flight capacity amid a shift in tourists’ preference away from Japan due to increased earthquake concerns. Several tour operators have reported that prices for their summer group tours are either lower or have remained stable, adding that popular destinations include…

Read More
Hong Kong can do more to fuel yuan’s international ascent, HSBC co-CEO says

Hong Kong can do more to fuel yuan’s international ascent, HSBC co-CEO says

Hong Kong can be a crucial partner in the continued and orderly opening of mainland China’s capital markets, particularly in advancing the internationalisation of its currency, according to HSBC’s co-CEO. As a financial hub connecting East and West, Hong Kong “can play a key role in promoting the yuan’s internationalisation by expanding its offshore liquidity…

Read More