Hong Kong civil servants could receive flexible hourly family care leave next year as part of the government’s wider drive to boost birth rates, the South China Morning Post has learned, though business leaders warn the private sector has little incentive to follow suit, citing manpower and financial constraints, especially for smaller firms. Under the…
An industry leader and a lawmaker have called for subsidies for small and medium-sized enterprises after fuel surcharges imposed by Hong Kong’s two power suppliers rose by nearly 80 per cent and 15 per cent, respectively, since March, amid the Middle East conflict. HK Electric, which supplies electricity mainly to Hong Kong Island and Lamma…
Hong Kong’s employees retraining board will partner with major tech firms to launch an artificial intelligence (AI) training programme for the working population in November, the city’s finance chief has said. In his Sunday blog, Financial Secretary Paul Chan Mo-po said the HK$50 million (US$6.4 million) “AI for All” inclusive programme, announced in the February…
Hong Kong authorities have rolled out a fresh package of measures to support small and medium-sized enterprises (SMEs) reeling from the global fuel crisis and geopolitical tensions in the Middle East, including a 21 per cent increase in available bank lending to HK$450 billion (US$78.43 billion). The Hong Kong Monetary Authority (HKMA), the city’s de…
Hong Kong’s export credit insurer is keeping premiums low and expanding support for small and medium-sized enterprises (SMEs), even as geopolitical tensions in the Middle East raise concerns about risks to global trade. Unlike the typical trade credit insurance model – where insurers raise premiums when geopolitical risks increase – the Hong Kong Export Credit…
The Hong Kong Monetary Authority (HKMA) has unveiled a road map to introduce 20 measures under a five-year initiative aimed at modernising the city’s trade finance landscape and strengthening connectivity with mainland China and Asean trade corridors. Project CargoX, part of HKMA’s Fintech 2030 strategy, would use blockchain and data to help exporters secure bank…
Giving Small and Medium-Sized Enterprises a Seat at the Top Table of British Government Ann Watson, CEO, Enginuity Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy…
10/28/2025 – 09:42 PM Coupang is working to help advance America’s global leadership on AI, drive U.S. exports, and expand international commerce From 2022 through 2024, Coupang spent more than $3B to expand AI innovations and other advanced technologies in the APEC region SEATTLE–(BUSINESS…