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Category: BUSINESS

Posted on 06/04/2024

One of the oldest hotels in Hong Kong is the definition of luxury. 13 photos offer a glimpse inside Art Basel’s hotel partner, The Peninsula.

The Peninsula Hong Kong offers luxurious suites, restaurants, and amenities. Explore the hotel that has hosted stars such as Madonna and Tom Cruise.

Posted on 06/04/2024

Hong Kong catering sector not ready for twice-delayed waste-charging scheme: top government adviser

Executive Council member warns industry's personnel shortage is making it difficult to ensure waste is properly recycled, days after pay-as-you-throw trial run launches Lawmaker calls for focus on ...

Posted on 06/04/2024

Hong Kong Sevens: fans prepare to bid farewell to stadium that hosts biggest party in town

This weekend's tournament will be the last held at Hong Kong Stadium, with next year's to be hosted at the new Kai Tak Sports Park Some fans fear the move may rob the tournament of its freewheeling ...

Posted on 06/04/2024

Hong Kong tycoon wants to use space battery tech on Earth

Peter Lee, the Hong Kong-based tycoon, wants to use battery technology used in space back on Earth. To facilitate this, the business tycoon’s family office founded a new startup, EnerVenue, and has ...

Posted on 06/04/2024

Hong Kong Sevens: bar operators in Wan Chai, Causeway Bay expect event’s move to Kai Tak next year will hit business hard

Sevens expected to move to new 50,000-seat venue at Kai Tak Sports Park in 2025 after 42 years at Hong Kong Stadium Economist forecasts the annual sporting extravaganza will bring HK$320 million in ...

Posted on 05/04/2024

No ‘additional benefits’ for family offices, Hong Kong says, after Dubai sheikh’s business plan draws suspicion

The Hong Kong government has neither invested in nor offered “additional policy benefits or financial support” to any family offices, a spokesperson has said, after news that a Dubai sheikh planned to ...

Posted on 05/04/2024

Hong Kong stocks retreat as geopolitical worries weigh

Hong Kong stocks fell on Friday, tracking global peers, as mounting geopolitical worries along with hawkish pushback by some U.S. Federal Reserve officials weighed on risk sentiment in a cautious end ...

Posted on 05/04/2024

City I&T Grand Challenge invites innovative solutions for Hong Kong’s future

HONG KONG SAR - Media OutReach Newswire - 5 April 2024 - To promote an innovation and technology (I&T) culture and enhance the application of I&T in the community, the second City I&T Grand Challenge, ...

Posted on 05/04/2024

Down to Earth: start-up backed by Hong Kong tycoon Peter Lee aims to commercialise battery technology used in space

EnerVenue, co-founded by the family office of Hong Kong tycoon Peter Lee, aims to build factories in the US and China to commercialise an old battery technology deployed in space It can be used in ...

Posted on 05/04/2024

Hong Kong Private Sector Swings To Expansion – S&P Global

The private sector in Hong Kong moved into expansion in March, the latest survey from S&P Global revealed on Friday with a PMI score ...

Posted on 05/04/2024

Hong Kong Sevens 2024: party starts as rugby fans arrive from around the world

While overseas fans are visiting for the Sevens, they also plan to 'enjoy life in Hong Kong, go sightseeing and explore the city' Wan Chai pubs and bars operators are also celebrating an uptick in ...

Posted on 05/04/2024

Top Hong Kong billionaires see net worth plunging

The five richest people in Hong Kong saw their combined net worth falling by almost 11% from last year to $116 billion this year, according to U.S. magazine Forbes.

Posted on 04/04/2024

Easter gloom for Hong Kong retail sector with some owners expecting business to have fallen 40%, trade group says

Government spokesman says considering the first two months of 2024 together, the value of retail sales rose ‘modestly’ over a year earlier.

Posted on 04/04/2024

Home-grown hydrogen energy start-up Epago aims to tap Hong Kong’s innovation ecosystem to expand to China and overseas

Epago Technologies, which makes ‘new-generation electrodes’ for hydrogen fuel cell batteries, aims to use the city’s innovation, policy, and geographical advantages as a springboard to access bigger ...

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