A decade ago, Hong Kong psychiatrist Dr Ivan Mak visited Cuba. There, he took numerous photos of the locals, from children mischievously grinning at the camera to ordinary people sitting outside their homes, whiling away their time. These photos became the backbone of his first travel photo book, Souvenirs for the Soul – A Hong…
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…
Eateries specialising in what were once known as “poor man’s meals” and which typically operated in Hong Kong’s lower-income neighbourhoods are now bucking the local trend of closing restaurants, with many chains now expanding across the city. One expansive player is Kuen Fat Kitchen, which recently came under the spotlight for spending HK$180,000 (US$22,900) a…
Two of Hong Kong’s largest fast-food chains, Cafe de Coral and Fairwood, both suffered a near 30 per cent drop in profits last year, with experts attributing their struggles during the economic downturn to ageing diners and intense competition from delivery platforms. The two companies were considered resilient players during previous downturns caused by global…