Hong Kong’s heavy reliance on hiring workers from mainland China could lead to a “downgrade” of its status as an international hub, experts said, after data showed that 94.5 per cent of successful top talent scheme applicants came from across the border. Industry veterans and a lawmaker on Thursday called for a strategic shift towards…
Eight new restaurants join this year’s 1-50 list, spanning 17 cities and highlighting the best in culinary achievement Hong Kong’s The Chairman reclaims the title of The Best Restaurant in Asia, sponsored by S.Pellegrino & Acqua Panna, for the first time since 2021 The 2026 list spans 17 cities across the region, with eight new…
Hong Kong and Hainan should forge a strong partnership and explore new models of cooperation, the city’s leader has said, urging the business sector to capitalise on the mainland Chinese province’s free-trade port status by offering professional services in areas such as finance, law and accounting. Chief Executive John Lee Ka-chiu’s call followed a meeting…
Chinese self-driving technology developers continue to expand outside the mainland as WeRide seeks to launch robotaxi services this year in Hong Kong and Singapore, according to an executive. WeRide’s planned entry into Hong Kong was set to cover both robotaxis and robobuses, said senior director of public relations and marketing Maeve Zhang in a media…
Singapore’s Prime Minister Lawrence Wong will arrive in Hong Kong on Thursday for a three-day visit, meeting the city’s leader, politicians and businesspeople, and will also examine key sites in the Northern Metropolis megaproject to explore collaboration opportunities. It will be Wong’s first official visit to Hong Kong since he assumed office as Singapore’s fourth…
Hong Kong should leverage its position as a “safe haven for investment” to attract foreign capital amid the ongoing conflict in the Middle East, the head of InvestHK has said, noting that more companies using Dubai as a hub have shifted to the city to diversify risk. The call came as finance chief Paul Chan…
Some United States importers have cut orders and shifted to short-term contracts after the Middle East conflict triggered a global oil crisis, according to Hong Kong business leaders, who warned of eroding profit margins and strained liquidity. Jeffrey Lam Kin-fung, an Executive Council member and businessman, said on Sunday that the US-Israel war on Iran…
The bourse operator will collect views on the proposals, which include broadening a special listing regime for innovative companies and opening the door for listings by smaller and more diverse firms, until May 8. Investment banks and brokers have piped up in support of a proposal to allow all companies that are pursuing listings to…
In October last year, Singapore’s three-day Formula One (F1) Grand Prix showcased the tremendous economic impact that world-class sporting events can bring to a city. The event attracted more than 300,000 attendees, the second highest in its history. Since Singapore began hosting F1, the races have drawn more than 720,000 international visitors and generated about…
Middle East banks and wealthy investors are poised to increase their investments in Hong Kong amid geopolitical tensions to diversify their risk and capture growing opportunities in Asia, according to the head of InvestHK, the government agency tasked with attracting foreign investment. A couple of Middle East banks were in the process of setting up…