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Move criticised by some Hong Kong lawmakers will add new revenue at a time of record deficits, be a direct tax on the rich, and may also help lower market volatility.
With Covid-19 emptying Hong Kong’s offices and shops, forcing down rents, there is need to take a long, hard look at planned developments and those already under construction
Hong Kong’s leader may think life will be a lot easier without an effective opposition in the legislature, but the pro-Beijing camp can expect to be held accountable if it passes unpopular bills.
If the new political grouping is to make an impact in Hong Kong it must explain its policies and how it is different from existing Beijing-friendly factions
- Transport policies stand out among 33 initiatives that did not materialise during Lam’s term
- Lawmakers, expert hope transport gets back on track, call for end to MTR Corp’s rail monopoly
Eight years after the establishment of a subcommittee on the matter and more than two years after a public consultation, Hong Kong is yet to have an archives law.
In the global race for green technology, the ability to manage and research renewable energy is key. Hong Kong must catch up or risk losing its competitiveness
The remarks came as the Legislative Council debated the passage of a formal motion of thanks for the chief executive’s policy address, a traditional symbolic gesture.
The long history of the policy does not make it any less feudal and selfish, particularly when more than 120,000 households are struggling in inadequate housing.
Hong Kong shop owners are more likely to stand firm on asking prices, as they expect investors to flood the market after the city scrapped the double stamp duty for non-residential property, investors and property agents said.
The city leader’s recent pledge to tap more tourism dollars in an area long defined by its maritime traditions has stirred excitement in some and trepidation in others. Past mistakes with similar projects hold clues to success, critics say.
Legislators’ effusive praise for the chief executive’s policy address did not accurately reflect public dissatisfaction with the annual blueprint. Lawmakers should communicate with the youth to improve policymaking and restore confidence in Legco.
Young Hongkongers who work in mainland China will come back richer in experience, as the tens of thousands who have worked and lived in the Greater Bay Area have found. Mainland work experience is an asset
The positions in mainland China pay less than local government posts, but pro-establishment figures call it a ‘golden opportunity’ to build networks.
Some 523 of 3,710 flats in Tsing Yi and Chai Wan found no takers even after they were offered at 51 per cent off the market price
The government’s carbon neutrality pledge must be incorporated into various aspects of development planning. Hong Kong must aim for a green recovery, develop renewables and take much-needed action, instead of conducting even more studies.
Chinese University survey also finds about two-thirds of respondents believe Shenzhen cannot replace Hong Kong as a finance hub.
Hong Kong conglomerate New World Development (NWD) is selling a grade A, 28-storey office building in the city’s first commercial property sale after it withdrew double stamp duty on non-residential property last month.
Five-year plan included overhaul of state key laboratories, while government also vowed to do more to attract domestic and foreign talent.
