Hong Kong rules out pre-made restaurant meal labelling despite consumer concern

Hong Kong rules out pre-made restaurant meal labelling despite consumer concern

Hong Kong authorities have ruled out the possibility of requiring labelling for pre-cooked meals at restaurants, citing the absence of uniform standards and varying interpretations of the concept. Secretary for Environment and Ecology Tse Chin-wan told lawmakers on Thursday that the government would continue to develop standards and certifications for prepared dishes to support the…

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Hong Kong’s Templewater eyes Middle East opportunities for growing clean energy sector

Hong Kong’s Templewater eyes Middle East opportunities for growing clean energy sector

Hong Kong private-equity manager, Templewater, sees significant opportunities in connecting Asia’s fast-growing electric vehicle (EV) and energy-storage industries with Middle Eastern markets seeking clean-energy solutions as the region shifts away from oil reliance. Templewater, which this month held a signing ceremony in Hong Kong with Omani sovereign wealth fund Future Fund Oman for the launch…

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Hong Kong’s Paul Chan banks on better market sentiments as retail sector stabilises

Hong Kong’s Paul Chan banks on better market sentiments as retail sector stabilises

Hong Kong’s finance chief has anticipated improving market sentiments after downward trends in the retail, catering and property sectors show signs of stabilising, and the prospect of an interest-rate cut cycle emerging. Financial Secretary Paul Chan Mo-po said on Sunday that authorities had been paying attention to the slow recovery of the retail and catering…

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Hong Kong’s John Lee rejects suspension mechanism idea for labour import scheme

Hong Kong’s John Lee rejects suspension mechanism idea for labour import scheme

Hong Kong’s leader has ruled out introducing a suspension mechanism for the city’s labour importation scheme or fining employers for abusing the policy, amid calls to further tighten labour rules to mitigate rising unemployment in some sectors. Chief Executive John Lee Ka-chiu said on Sunday that the city was undergoing an economic transformation, but locals…

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