I Squared Capital’s potential takeover offer for Hong Kong internet provider HKBN is facing hurdles, as it tries to convince China’s sovereign wealth fund of the merits of the deal and a competing state-backed bidder built a significant stake. Rival suitor China Mobile agreed to acquire a 15.5 per cent holding in HKBN from buyout…
The completion of Chinese-sponsored upgrades to a naval base in Cambodia is part of Beijing’s bigger plan to break maritime chokepoints and de-risk supply chains, according to a Hong Kong-based analyst. Chinese and Cambodian officials, including Cambodian Prime Minister Hun Manet and members of the People’s Liberation Army (PLA), attended a ceremony at the Ream…
Only about 10 per cent of workers outside the government sector in Hong Kong have benefited from flexible work arrangements, according to official figures, with some experts saying local companies have been slow to adopt such a policy over cost and productivity concerns. Allen Cheung, who works in insurance and is in his late thirties,…
Hong Kong police have apprehended seven, including a teenage boy who took intimate pictures of his younger sister, in an international crackdown on child pornography that saw more than 400 arrests across six jurisdictions in East and Southeast Asia. Bonnie Ngan Hoi-ian, chief inspector of the force’s cybersecurity and technology crime bureau, said intelligence exchange…
Hong Kong police have apprehended seven, including a teenage boy who took intimate pictures of his younger sister, in an international crackdown on child pornography that saw more than 400 arrests across six jurisdictions in East and Southeast Asia. Bonnie Ngan Hoi-ian, chief inspector of the force’s cybersecurity and technology crime bureau, said intelligence exchange…
US President Donald Trump has launched a global trade war, erecting a protectionist barrier around the world’s largest economy, roiling markets and heightening fears of inflation and recession. It is unprecedented since the second world war. China, facing import tariffs of a further 34 per cent, has condemned them and vowed a resolute response. Asia…
Hong Kong’s plan to reduce public healthcare subsidies from 97 per cent to 90 per cent by 2030 represents a significant shift in one of the world’s most heavily subsidised systems. While the Health Bureau portrays this as a necessary realignment, the reform warrants careful consideration as there are far-reaching implications for healthcare equity and…
Hong Kong Disneyland Resort will give away 200,000 tickets to charities and NGOs as part of celebrations for its 20th anniversary this year. The theme park said on Tuesday that the promotion, which involved giving away double the average 100,000 tickets it handed out every year, would allow recipients to visit once between July 1…
Four of the world’s biggest football clubs will descend on Hong Kong this summer to play at Kai Tak Stadium, organisers announced on Monday. Hong Kong Football Festival will feature English Premier League trio Liverpool, Arsenal and Tottenham Hotspur, plus Italian giants AC Milan, with the teams playing pre-season friendly matches at the city’s new…
The “Super March” focus for sports, arts and tourism in Hong Kong has been good in bringing in a significant increase in tourist arrivals, even as the city will focus on creating quality experiences for visitors rather than chasing after numbers, the minister overseeing the portfolio has told the Post. Part of the new strategy…