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Breaking news and analysis on Hong Kong's economy and the companies that operate in the city, including its GDP, economic outlook, impact of the coronavirus outbreak, macroeconomic indicators, the local government finance and budget, retail sales, consumption, employment and monetary policy.
‘Sting’ operations by cabbies to expose ride-hailing drivers are uncalled for, especially when the government should really be clarifying the status of on-demand car services
Annual survey findings calling for increases ranging from 4.01 to 5.47 per cent depending on grades may work in boom times, but perhaps not in the current climate
As more shows, conferences and exhibitions are added to the city’s calendar, organisers must ensure people do not go away disappointed.
With an average rise of 9 per cent, the time has come for Hong Kong’s much criticised cabbies to be subject to an annual adjustment mechanism.
Rebound of Hang Seng Index may have confounded the doom mongers, but Hong Kong also needs to attract liquidity and reclaim a top position for IPOs.
Trade data provides cautious economic optimism, but Beijing must take measures to boost domestic spending to ensure recovery is not overreliant on exports.
Hong Kong must walk the talk, and get Beijing’s backing to showcase how ‘two systems’ is not only alive but working well.
Lawmaker Michael Tien urges cabbies to consider signing up to Uber Taxi service, says some earn HK$10,000 a month extra.
Veteran surveyor Lau Chun-kong says the government estimate is far from final and just a ‘small part of the total cost’.
Post receives statement from Dubai-based head of protocol and security management a day after publishing interview with Eleanor Jane Mak.
Events designed to boost Hong Kong’s economy and tourism run the gamut from high fashion, art and architecture to sports, technology and business.
Competition will take place on June 15 and 16 in Tsim Sha Tsui East with over 170 teams taking part.
Financial Secretary Paul Chan will first visit France then move on to US – his second trip there in six months – accompanied by delegates from Hong Kong, Macau and Guangdong province.
Fifteen-minute performance will take place at the Tsim Sha Tsui Promenade on Saturday, with drones forming characters from the popular manga and animation series.
‘Hong Kong is our hometown, [and] if there are projects with reasonable returns, we will definitely invest,’ Victor Li says at CK Infrastructure’s annual general meeting on Wednesday.
Treasury chief Christopher Hui says city has variety of policies and strategies to attract institutions to establish family offices.
Analysts point to Singapore’s tie-up with Taylor Swift as good example of aggressive tactics, with international sports competitions also top of the wish list for some.
Manpower crunch blamed for decline, with patrons saying they get better service when they travel.
Mainland ride-hailing giant Didi Chuxing has offered driving services in Hong Kong since 2018 alongside Uber and Amap entered market in March.
Sheikh due to arrive no later than June to attend opening ceremony of private office but name change possible to reduce focus on his ties with ruling family, aide Eleanor Jane Mak says.
Deputy financial secretary says events expected to attract 1.7 million travellers, generate spending of HK$7.2 billion and add HK$4.3 billion to the local economy.
Chief Executive John Lee says there is no link shown on any local platform relating to the song ‘Glory to Hong Kong’.
City leader John Lee calls for calm amid ‘divergent views’ over regulation of ride-hailing services, says transport authorities to unveil industry study in July.
City leader John Lee says this year’s line-up of 210 mega events is expected to bring in about 1.7 million travellers, adding HK$4.3 billion to economy.
Government reluctant to enter fray as vested interests want to protect financial value of taxi licences, economist says, while others argue pool of passengers big enough to keep both types of drivers earning.
Lawmaker Tik Chi-yuen tells Legco panel says city’s ‘superconnector’ and ‘super-value adder’ boasts have become ‘a vague slogan with no substance’.
Scheme will ‘put pressure’ on sector to adopt the technology improving poor safety record, secretary for development says, with 60 per cent of sites expected to join by year’s end.
The financial services secretary, Christopher Hui Ching-yu, has denied media reports that a major stock market reform that would see trading continue as normal during typhoons and torrential rains has been postponed.
Scammers have published another fictitious article with the appearance of a South China Morning Post story in a bid to promote an online financial trading tool.
Chau Kwok-keung, chairman of the Hong Kong Taxi and Public Light Bus Association, also urges government to issue licences for premium services as soon as possible.
Government contract of BSF Hatch, which turns chicken faeces into animal feed, fertiliser and biofuel, is set to expire at the end of August, even as city faces mounting food waste problem.