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Month: December 2023

Posted on 27/12/2023

Hong Kong catering group Maxim’s opens landmark store in response to business appetite

Hong Kong’s restaurant group Maxim’s inauguration of its 2,000th Asian store in the city displays its confidence about recovery prospects in the catering business.

Posted on 27/12/2023

Hong Kong customs seizes drugs worth HK$4.4 billion in first 11 months of year in 2-decade record, 274 arrested

Hong Kong customs officers confiscated more than 8.4 tonnes of illegal drugs worth HK$4.4 billion (US$563.2 million) in the first 11 months of 2023, a record for any single year over the past two ...

Posted on 27/12/2023

Hong Kong takes the lead as Asia’s crypto hub in 2023— here’s why

Hong Kong has solidified its position as a burgeoning hub for cryptocurrency and Web3 innovation in a noteworthy move. It is important to know that June marked the initiation of the city’s official ...

Posted on 27/12/2023

Hong Kong prepares for retail access to spot cryptocurrency exchange-traded funds, boosting city’s virtual-asset hub ambitions

This initiative shows Hong Kong policymakers’ determination to rebuild investor confidence in virtual assets, following a number of major financial scandals involving cryptocurrencies.

Posted on 27/12/2023

Singapore surpasses Hong Kong in wealth rankings, demonstrating that country size doesn’t dictate wealth

Critics argue that economic output alone fails to capture a nation's well-being and that the decisive factor for its wealth lies in its purchasing power parity (PPP) ...

Posted on 27/12/2023

Home Office accused over ‘absurd’ rejections of Hong Kong asylum claims

UK caseworkers appear ‘predisposed to discredit’ applications, says senior figure of disbanded democratic movement ...

Posted on 26/12/2023

ZA Bank leads Hong Kong’s Web3 revolution with over 80 crypto partnerships

Hong Kong-based ZA Bank has solidified its commitment to the Web3 ecosystem, providing support to over 80 web3 companies. The digital-only bank, known for its innovative approach, is making ...

Posted on 26/12/2023

More Hong Kong border checkpoints with mainland China to operate around clock in bid to boost business in Greater Bay Area, new action plan says

Proposals revealed in National Development and Reform Commission action plan, which also calls for incentives to attract Hong Kong talent across border Document released in run-up to fifth anniversary ...

Posted on 26/12/2023

Hong Kong former beauty queen and actress Bonnie Lai, 46, commits suicide

Hong Kong former actress Bonnie Lai died today (Dec 26) aged 46. She had committed suicide by allegedly burning charcoal in her home and was later found unconscious by one of her sons this afternoon, ...

Posted on 26/12/2023

Every Hong Kong film released in 2023, ranked from worst to best in the year that new directors continue to make history

We list this year’s best films, including Hong Kong’s best selling movie, A Guilty Conscience and Time Still Turns the Pages, and the worst films, including Prison Flowers and Death Stranding.

Posted on 26/12/2023

Dignity in old age? Hong Kong’s ethnic minority families struggle to find care options for elderly

In a one-bedroom flat in Cheung Sha Wan, Kowloon, Aishah Hussain*, 85, lies on her bed all day, unable to get up or take care of herself. The Hong Kong-born Pakistani woman relies on her son Yusef ...

Posted on 26/12/2023

Survey Reveals 75% of Hong Kong’s Virtual Asset Investors Chase Short-Term Returns

The majority of Hong Kong's virtual asset investors chase short-term returns, embrace crypto as an investment trend, and fear missing opportunities.

Posted on 26/12/2023

Hong Kong records 1.32 million outbound trips over past 3 days of Christmas holidays, industry leader warns local consumption affected

Business this Christmas is slower than last year, when Covid-induced measures were still in place, representatives say.

Posted on 26/12/2023

World Lacrosse Super Sixes: Hong Kong should follow our lead to grow, Japan official says, hails city’s tournaments

Fogo Japan general manager Chris Jinno points to development programme in country’s universities and schools that has helped men’s team to become fifth best in the world.

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