Hong Kong has ranked as the second-most globally competitive economy – its best performance in seven years – climbing one spot from last year to place behind Singapore. The ranking, released by the Switzerland-based International Institute for Management Development (IMD) on Thursday, put the city ahead of 68 other economies out of 70 surveyed. Hong…
Asia-Pacific cities account for 39 per cent of the top global financial services companies and about 36 per cent of the world’s leading financial centres, Colliers said. Supported by strong labour markets and venture capital activity, cities such as Singapore, Beijing, Shanghai and Hong Kong ranked among the region’s top talent hubs. However, New York…
Hong Kong graduate Ivan Cheung has filed more than 200 job applications since March, and he is hoping that out of the dozen or so companies that have asked him to interview or take a written test, one will eventually hire him. But the data science and analytics graduate from Polytechnic University is in a…
Fintech company iCapital has more than doubled its office footprint in Hong Kong, leasing a 9,000 sq ft space in One International Finance Centre in the city’s Central business district as it staffs up to capture rising demand for wealth-management services in Asia. The US company, which opened its office in Hong Kong five years…
A Hong Kong school that instantly dismissed its principal after he was filmed swearing at security guards in Singapore has published an advertisement to recruit a new head, requiring applicants to have “excellent character”. The advertisement was posted on the school’s website on Tuesday morning, six days after its governing board decided to terminate principal…
In my travels around the world, I’m often asked if the best days of Hong Kong are behind us. My answer is always an emphatic “no” – and this is not merely a pep talk. When you step back and take a broad macroeconomic view, it becomes clear that, structurally speaking, our greatest opportunities lie…
A Hong Kong school that summarily dismissed its principal after he was filmed swearing at security guards in Singapore could face a high legal threshold to justify the move if the dispute goes to court, a lawmaker has stated, likening the decision to a death sentence in the labour sector. Another lawmaker said the termination…
A Hong Kong school principal who was sacked after he swore at security guards during a student trip to Singapore has said he feels “shock and regret” over his immediate dismissal, saying he will seek legal advice on his employment rights. Lee Cheuk-hing, former principal of San Wui Commercial Society Secondary School in Tuen Mun,…
A mismatch in the job market, declining demand for junior roles and relatively comfortable living conditions among Hong Kong’s youth have contributed to a higher share of young people not in education, employment or training (NEETs) compared with other Asian economies, observers have said. Their comments on Friday followed government figures released in response to…
A Hong Kong school principal has been fired after he swore at security guards during a student trip to Singapore last month, the institution has announced. The management committee of San Wui Commercial Society Secondary School in Tuen Mun announced on Wednesday the immediate dismissal of principal Lee Cheuk-hing and its refusal to accept his…