The average number of aspiring Hong Kong taxi drivers taking a crucial industry test each month has increased by nearly 30 per cent following the launch of a simplified version of the assessment last year, the transport minister has said. Secretary for Transport and Logistics Mable Chan also said on Saturday that the government was…
Cruise ship calls in Hong Kong may exceed 200 this year, the city’s tourism minister has said, as she revealed that authorities will consider measures to create synergy between the terminal and an emerging cultural hub in Kai Tak. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui on Saturday also said cruise ships made…
Until last year, Fidelity International’s most significant cornerstone commitments on the Hong Kong initial public offering (IPO) market dated back to 2021, when Chinese short-video platform Kuaishou Technology raised US$5.4 billion and healthcare firm Medlive Technology completed a US$543.4 million listing. Then for the next four years, the asset manager went quiet. Late last year…
Nine residential sites will be offered to developers in the coming financial year to provide about 6,650 flats under a Hong Kong land sale programme, after authorities highlighted the property market had stabilised in the latest budget. Combined with other land sources, such as urban redevelopment, private development and projects linked to railway properties, the…
Hong Kong authorities have defended a controversial subsidy cut for the kindergarten sector for the coming financial year, saying the low birth rate and resultant shrinking pupil population have prompted a reassessment of education policy priorities. Secretary for Education Christine Choi Yuk-lin said on Friday that the government would channel more resources towards promoting “high-quality…
Hong Kong’s exports surged by more than 30 per cent in the first month of 2026, thanks to a rebound from last year’s low base after US-China trade war fears eased. According to the Census and Statistics Department, the total value of Hong Kong’s export of goods rose in January by 33.8 per cent year…
[The content of this article has been produced by our advertising partner.] Hong Kong’s trade promotion body has opened applications for the 2026 edition of its Start-up Express programme, as efforts are stepped up to help local tech ventures break into overseas markets and secure commercial partnerships. Organised by the Hong Kong Trade Development Council…
A proposed high-level committee that will focus on artificial intelligence (AI) could help tech start-ups in Hong Kong mitigate legal and geopolitical challenges, as well as gain access to important databases for model training, market leaders have said. But the experts also told the South China Morning Post on Thursday that the committee, which was…
A combination of a strong initial public offering (IPO) market and bond sales has helped put Hong Kong’s financial health back in the black sooner than expected, with analysts expecting a robust pipeline of listings to be key to sustaining the city’s surplus. In his budget speech on Wednesday, Financial Secretary Paul Chan Mo-po said…
Hong Kong authorities are open to supporting universities in issuing bonds to fund the development of the proposed University Town in the Northern Metropolis, with lawmakers calling for a dedicated approval and credit rating mechanism. Financial Secretary Paul Chan Mo-po signalled the government’s intention during a meeting of the Legislative Council’s Finance Committee on Thursday,…