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Month: January 2024

Posted on 09/01/2024

How Friday market in Shek Kong, where Hong Kong’s British service wives found discounted delights, is but a memory, like so much else in the city

The Friday market in Shek Kong, Hong Kong, was a favourite of British service wives living in married quarters near the then remote village. Now long gone, it is reduced to mere memory.

Posted on 09/01/2024

Hong Kongers seeking residency in Taiwan face challenges, uncertainty amid evolving immigration policies

Taiwan was touted as a safe harbour for those wanting to move out of Hong Kong after the new national security law was passed in 2020. However, as cross-strait tensions deepen in recent years, ...

Posted on 09/01/2024

Some Hong Kong workers are demanding raises if forced to return to the office full-time, survey finds

Many Hong Kong workers want to hang on to their flexibility. Bloomberg/Getty Images Some Hong Kong workers say they would need a raise to give up hybrid work arrangements, a dilemma that’s expected to ...

Posted on 09/01/2024

Hong Kong police arrest 2 more suspects over 37-second, HK$39 million robbery of watch store last month

Five others already arrested over alleged roles in smash-and-grab robbery of Tsim Sha Tsui store, with HK$39 million worth of timepieces stolen.

Posted on 09/01/2024

Hong Kong media tycoon Jimmy Lai’s lead counsel will be absent from trial for 2 weeks over ‘personal reasons’, court hears

Robert Pang will take a two-week leave of absence from the 80-day trial for ‘personal reasons’, a barrister representing Jimmy Lai says.

Posted on 08/01/2024

Hong Kong New Residential Construction Completions to Implode 44 Percent by 2026

Based on JLL's latest Hong Kong Residential Market Monitor Report, JLL forecasts annual private housing completion in 2026-2028 to decrease 44% compared to 2023-2025.

Posted on 08/01/2024

Hong Kong Employees Demand 6% Raise to Work in Office Full Time

Hong Kong workers say they would need a 6% raise to give up hybrid work arrangements, a dilemma that’s expected to prompt more companies to reduce space and dampen office rents, according to a survey.

Posted on 08/01/2024

Hong Kong may take ‘years’ to reach surplus, finance chief Paul Chan says

It may take “a few years” for the Hong Kong government to turn a profit, the city’s finance chief has said, pointing to a sluggish economy and weak land and asset sales that have led to a shortfall in ...

Posted on 08/01/2024

South Korea widens probe on ‘exotic notes’ tied to Hong Kong stock index

Regulator looks at possible mis-selling of equity-linked securities by 12 institutions as retail investors fear heavy losses ...

Posted on 08/01/2024

Hong Kong and Malaysian police arrest 5, seize HK$8.3 million in drugs smuggled into city using plaster sculptures

Officers from the narcotics bureau mounted the joint operation after uncovering a scheme involving ‘drug parcels disguised as plaster sculptures’ being smuggled into the city from Malaysia, police ...

Posted on 08/01/2024

IPOs: Hong Kong’s GEM reforms likely to end second board’s 3-year drought, but will not be game-changers, analysts say

New rules effective January 1 remove a quarterly reporting requirement and streamline transfers to the bourse’s main board, but analysts say the bar is still too high for many small companies ...

Posted on 08/01/2024

‘My life is a string of serendipities’: Hong Kong photo art gallery founder Sarah Greene on her journey

Sarah Greene, the Belgian founder of Hong Kong’s Blue Lotus Gallery, reveals how she went from being an in-demand shipbroker to opening one of Asia’s art hotspots showing photographers like Fan Ho.

Posted on 08/01/2024

Hybrid to full-time office: Hong Kong workers seek 6% hike. Here’s why

A survey in Hong Kong shows that employees are seeking a 6% salary increase or change jobs to preserve flexible work options ...

Posted on 08/01/2024

HK Finance Chief Punts Target on Restoring Surplus to Decade End

Hong Kong Financial Secretary Paul Chan backpedaled on projections the city would return to a surplus in the next fiscal year, as the Asian hub grapples with a ballooning deficit during a broad ...

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