Hong Kong could attract more high-spending visitors by hosting international sporting games for young, middle-aged and elderly competitors, a think tank has said, calling on authorities to establish a certification system to help fund innovative and emerging events. Our Hong Kong Foundation on Thursday released a research report on developing the city into a “mega…
In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is different from past downturns. The first instalment discussed how the resurgence of the city’s stock market as a venue for initial public offerings could boost office uptake and ease developers’ pain. Swiss bank UBS got…
In the second instalment of our two-part series on Hong Kong’s beleaguered property market, analysts explore why this slump is different from past downturns. The first instalment discussed how the resurgence of the city’s stock market as a venue for initial public offerings could boost office uptake and ease developers’ pain. Swiss bank UBS got…
Hong Kong can save more than HK$90,000 (US$11,470) per patient in medical expenses if the city provided better measures to allow more residents to receive support and die at home or in care facilities, a local think tank has said, calling on the government to develop a plan framework for people in their last days….
Retail rents in Hong Kong are expected to remain under pressure, as the trend of residents travelling to the mainland for leisure has led many businesses to opt for short-term leases, experts have said after the vacancy rate in the city’s busiest districts hit a 4½-year high. Analysts on Monday also attributed the mounting vacancies…
Retail rents in Hong Kong are expected to remain under pressure, as the trend of residents travelling to the mainland for leisure has led many businesses to opt for short-term leases, experts have said after the vacancy rate in the city’s busiest districts hit a 4½-year high. Analysts on Monday also attributed the mounting vacancies…
Hong Kong businesses, social groups, a major bank and a think tank have jointly set up a platform to devise initiatives to make the city more elderly-friendly through the nurturing of a “silver economy”. The Alliance of Silver Economy Development was launched on Tuesday, with the goal of encouraging collaboration between companies and social organisations….
The US-China trade war and its pressure on the weakening yuan may impair Hong Kong’s private housing demand and market sentiment, even as the city expects a stable supply in the coming decade, a local think tank has warned. Our Hong Kong Foundation, the city’s largest think tank, on Thursday revealed its 10-year forecast for…
Providing a safer living environment for elderly Hongkongers could cut at least HK$5.67 billion (US$730 million) in annual hospitalisation costs by 2046, the year when over a third of the city’s population is expected to be aged 65 and above, a think tank has said. Our Hong Kong Foundation on Thursday released a policy research…
Hong Kong authorities should use revenue from the legalisation of basketball betting to set up a fund for sports development and boost counselling services for gambling addicts, a leading think tank and an NGO have proposed. The city’s largest think tank Our Hong Kong Foundation on Friday urged the government to inject earnings from basketball…