An Asian city will eventually overtake London and New York as the world’s leading financial centre, with Hong Kong well placed to compete for the top spot given its legal predictability and low tax burden, according to the creator of a closely watched ranking of financial hubs. “It’s going to happen because it’s so tight,”…
A cabinet secretary fretting about his daughter’s university choice might once have been considered a private family matter. In Donald Trump’s America, it has become official content. US transport secretary Sean Duffy recently appeared with his family in a road trip series carried on the department’s YouTube page. In one episode, his daughter, Paloma, said…
Five years after a nude photo was taken without her consent, a woman opened Instagram to find the image had been turned into a sticker and sent back to her in a chat. Terrified that the sticker could already be circulating widely, the victim reached out to Emilia Wong Yue-kiu, a women’s rights activist and…
A Hong Kong advocacy group has urged the government to let residents use a portion of their mandatory pension savings for home purchases, one of several proposals submitted ahead of the policy address later this month. The Federation of Public Housing Estates noted on Wednesday that recent cuts to administration fees for the Mandatory Provident…
Singapore and Hong Kong do not view each other as enemies, but rather admire one another’s accomplishments, the country’s top envoy to the city has said, calling for greater cooperation between the two jurisdictions often cast as fierce rivals. Eric Teo Boon Hee, Singapore’s consul general in Hong Kong, said Asia was big enough to…
Singaporean businesses are keen to explore the “massive potential” emerging in Hong Kong’s Northern Metropolis megaproject after the country’s prime minister visited the site earlier this year, its top envoy to the city has said. In an exclusive interview with the South China Morning Post, Singapore’s consul general to Hong Kong, Eric Teo Boon Hee,…
The long-standing rivalry between Asia’s two leading financial centres is heating up. As Hong Kong and Singapore compete harder for investment talent, tax incentives for fund managers have emerged as the new battleground. A government bill working its way through Hong Kong’s Legislative Council would result in sweeping changes to tax rules on carried interest….
A Hong Kong secondary school has begun the new academic year without a principal while authorities vet a replacement for the former head, who was fired for swearing at security guards during a Singapore study trip. Former lawmaker Edmund Wong Chun-sek, who is also a manager of San Wui Commercial Society Secondary School, said on…
Hong Kong’s mega-event economy is thriving. In a blog post last month, Financial Secretary Paul Chan Mo-po noted that in the first half of 2026, the city hosted more than 130 mega-events, drawing 1.75 million visitors and injecting roughly HK$5.8 billion (US$739.9 million) into the local economy. These figures are the ongoing dividends of the…
Several ride-hailing firms have expressed interest in operating the long-awaited online platforms in Hong Kong, just one day after the government opened licence applications setting out nine requirements, the transport chief has revealed. Secretary for Transport and Logistics Mable Chan said on Saturday that two to three firms had expressed interest in operating ride-hailing service…