MACAO (AP) — When Portugal returned its colony Macao to China in 1999, coffee shop owner Daniel Chao was a first grader living in a different world. Since then his sleepy hometown has transformed into a bustling gaming hub lined with glittering casinos. Its once quiet streets are now jammed with tourist buses. But the…
Hong Kong will require an influx of banking talent as the market rebounds and cross-border activity with mainland Chinese companies picks up, according to the Asia-Pacific head of Deutsche Bank. “Hong Kong has always benefited from its proximity to mainland China, and that’s a strength, not a weakness,” Alexander von zur Muehlen said during a…
Some major food and catering companies in Hong Kong recorded double-digit growth during the week-long National Day celebration after offering discounts of up to 30 per cent, sector leaders said on Thursday, as they called for expanding promotions to cover more businesses next year. Lawmaker Tommy Cheung Yu-yan, who represents the sector in the legislature,…
The university’s governing council on Friday endorsed molecular geneticist Professor Dennis Lo Yuk-ming, the sole candidate for the role, paving the way for him to succeed Professor Rocky Tuan Sung-chi as president and vice-chancellor on January 8. Council member Lau Kwok-fan confirmed that the governing body voted unanimously for Lo, who will serve a five-year…