Hong Kong has been named the third most Muslim-friendly travel destination globally among non-Islamic economies, although some industry insiders have said the city still has room for improvement in attracting more visitors. The Hong Kong Tourism Board said on Friday that the city had moved up one place to third in the Mastercard-CrescentRating 2025 Global…
Western and other developed countries are welcome to use services offered by Hong Kong’s newly established global mediation centre, a senior official has said, dismissing concerns over the institute’s founding members being primarily developing nations. Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday also addressed the possible direct competition with other dispute resolution hubs,…
Home » Hong Kong News » Hong Kong Climbs to Third Spot in Global Muslim Travel Index, Recognized as the Most Promising Muslim-Friendly Destination of the Year Saturday, June 14, 2025 Hong Kong’s rise to third place in the Mastercard-CrescentRating 2025 Global Muslim Travel Index signals a major milestone in its ongoing efforts to become…
Hong Kong’s cash-strapped Urban Renewal Authority (URA) will issue another round of bonds this year and has reached out to investors in the Middle East and Europe, the body’s outgoing chief has revealed. Authority managing director Wai Chi-sing also said that two sites the government gave to the URA this month had strengthened its bargaining…
Hong Kong has been named the third most Muslim-friendly travel destination globally among non-Islamic economies, although some industry insiders have said the city still has room for improvement in attracting more visitors. The Hong Kong Tourism Board said on Friday that the city had moved up one place to third in the Mastercard-CrescentRating’s 2025 Global…
Customs officials are working with the University of Hong Kong to develop a tool that can trace cryptocurrency transactions, with the authority stressing it had recorded seven suspected money laundering cases involving virtual assets and more than HK$9 billion (US$1.1 billion) in recent years. Mario Wong Ho-yin, assistant commissioner for intelligence and investigation at the…
Hong Kong will introduce electronic driving licences in mid-September following the passage of a bill by the legislature, but lawmakers have questioned the need to spend HK$12.5 million (US$1.59 million) to fund a related mobile application. Some legislators also urged authorities to take a flexible approach to enforcement, especially in cases in which drivers had…
Fintech firm Ant International, the global affiliate of Chinese tech giant Ant Group, said it would apply for a stablecoin issuer licence in Hong Kong once the new ordinance governing fiat-backed cryptocurrencies comes into effect in August. “We welcome the passage of the Stablecoins Bill … and hope to contribute more to the city’s vision…
With the passage of one of the world’s most comprehensive stablecoin laws two weeks ago, Hong Kong is looking to stay at the forefront of global finance while addressing lessons from past industry setbacks, according to analysts. Being a “first mover” in stablecoin legislation “reflects the determination” of the city’s government to “unlock value that…
Hong Kong’s win over India at Kai Tak Stadium on Tuesday will be talked about for years and earned a golden chance to qualify for the 2027 AFC Asian Cup, according to coach Ashley Westwood. A third successive goalless draw looked on the cards before Stefan Pereira’s stoppage-time penalty sparked wild celebrations among home fans….