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Month: May 2021

Posted on 16/05/2021

Hong Kong’s jobless rate will drop noticeably due to sharp rebound in economy, easing of Covid-19 situation, finance minister says

Paul Chan hopes unemployment and underemployment rates will fall sharply after city’s economy expanded by 7.9 per cent year on year in the first three months of 2021. ( read original story ...)

Posted on 16/05/2021

Hong Kong-based French patisserie Paul Lafayet eyes a bigger share of China’s growing market for Western-style desserts

Paul Lafayet plans to open around 100 outlets on the mainland, as it eyes China’s growing market for desserts that is set to reach US$37.6 billion a year by 2025. ( read original story ...)

Posted on 16/05/2021

Hong Kong reports 4 new cases of COVID-19

Hong Kong Center for Health Protection CHP reported four new confirmed cases of COVID-19 on Sunday taking the total tally in th ... ( read original story ...)

Posted on 16/05/2021

Trading places: As democrats exit, how will Hong Kong’s ‘patriots’ do in their new starring role?

If only this new national security episode was not bringing so much grief to so many, the experience might be appreciated as a kind of misdirected comic interlude: ancient concepts of justice, ... ( read original story ...)

Posted on 16/05/2021

Catering arm of Hong Kong’s Cathay Pacific could be next vendor for food scandal-plagued Covid-19 quarantine centre

Cathay Pacific Catering Services (HK) was invited to submit a bid to supply the Penny’s Bay camp after the previous caterer was fired over allegedly tainted food. ( read original story ...)

Posted on 16/05/2021

Hong Kong Monetary Authority Reveals Implementation Roadmap for Ongoing Development of Open API Framework

The Hong Kong Monetary Authority (HKMA), which is Hong Kong’s central banking institution that reports directly to the Financial Secretary, has announced the implementation plans for the third and ... ( read original story ...)

Posted on 16/05/2021

Future of Hong Kong’s Apple Daily is on the line after founder Jimmy Lai’s assets are frozen under national security law

Analysts say authorities’ decision to freeze Jimmy Lai’s assets would not only put pressure on the tabloid-style paper, but also have a chilling effect on other outlets. ( read original story ...)

Posted on 16/05/2021

Hong Kong’s Ray Cordeiro, ‘world’s most durable DJ’, retires at 96

A 96-year-old DJ in Hong Kong has hosted his final radio show, after more than seven decades in broadcasting. Ray Cordeiro thanked his listeners as he ended his programme All The Way With Ray on ... ( read original story ...)

Posted on 15/05/2021

Taiwan Warns Jimmy Lai Asset Freeze Signals New Hong Kong Risk

Taiwan on Saturday warned that risks for businesses have increased in Hong Kong after authorities in the international finance hub used asset freezing powers under Beijing's new national security law ... ( read original story ...)

Posted on 15/05/2021

‘Well, that’s it.’ 96-year-old DJ bids farewell in Hong Kong

After more than seven decades in radio, a 96-year-old Hong Kong DJ bid farewell to his listeners Saturday with “Time to Say Goodbye,” sung by Sarah Brightman and Andrea Bocelli. “Well that’s it. ( read original story ...)

Posted on 15/05/2021

Hong Kong freezes assets of media tycoon Lai under security law

Hong Kong authorities on Friday froze assets belonging to jailed media tycoon Jimmy Lai, including all shares in his company, Next Digital - the first time a listed firm has been targeted by national ... ( read original story ...)

Posted on 15/05/2021

Hong Kong authorities freeze nearly HK$500 million in assets belonging to media tycoon Jimmy Lai

Sources say the frozen assets include all 70 per cent of Lai’s shares in his Next Digital media company and his holdings in three other firms. The total is worth US$64 million. ( read original story ...)

Posted on 15/05/2021

Hong Kong – The Commercial Marriage Of Starting A Business With Friends – Are You A Director, A Shareholder, Or Both?

Ada, Ben and Charles are close friends who have started a party room business. While each of them has contributed the same amount of initial capital, Ben has been taking up a leading role in business ... ( read original story ...)

Posted on 15/05/2021

HK police freeze Jimmy Lai’s Next Digital shares, bank assets estimated at HK$300m

The Hong Kong Security Bureau has frozen all of media tycoon Jimmy Lai Chee-ying's shares in his Next Digital media company and his other bank assets under the national security law for Hong Kong, ... ( read original story ...)

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