Hong Kong authorities have tightened requirements for future tenants of the Central Harbourfront Event Space by introducing key performance indicators (KPIs) for tenders and penalties for poor execution, with some analysts saying the move would help improve the city’s image after the fiasco of a hot-air balloon festival last year. The Development Bureau said on…
Tourists planning to spend Christmas in Hong Kong have fuelled a surge in guest house bookings since October, driving occupancy and room rates to their strongest levels in five years. But those arriving without reservations may end up paying double the price, according to an industry leader. David Leung Tai-wai also told the Post that…
Hong Kong’s only fixed-base operator for private jet support services is betting its newly expanded terminal building will help it cash in on a boom in initial public offerings (IPOs), a surge in mega-events and rising Middle Eastern investment. The Hong Kong Business Aviation Centre (HKBAC) unveiled the upgraded building, part of a HK$500 million…
Hong Kong is on track to return to an operating account surplus for the 2025-26 financial year, with the result largely fuelled by a surge in stamp duty income from the city’s robust stock market performance, the finance chief has said. Financial Secretary Paul Chan Mo-po made his prediction of a surplus – set to…
Hong Kong is on track to return to an operating account surplus for the 2025-26 financial year, with the result largely fuelled by a surge in stamp duty income from the city’s robust stock market performance, the finance chief has said. Financial Secretary Paul Chan Mo-po made his prediction of a surplus – set to…