South China Morning – Charm

Some Hong Kong taxi drivers unprepared as new e-payments rule takes effect

2 months ago02 mins

Some Hong Kong taxi drivers have yet to install e-payment options even after the city’s new mandatory electronic payment for taxis went into effect, highlighting a digital divide challenge facing cabbies, the South China Morning Post has observed. Starting on 1 April, the Transport Department mandated all drivers to offer passengers at least two electronic…

Budget reveal: government turns matchmaker with stronger hand in shaping economy

3 months ago02 mins

Hong Kong’s finance chief on Wednesday lived up to his credentials as a chartered accountant when he produced a surprisingly robust budget, flush with surpluses and full of initiatives to be funded through substantial means at his disposal. One significant initiative is a rare move to dip into the Exchange Fund, the government’s main investment…