Hong Kong’s philanthropic assets can grow by about half if the city relaxes its tax deduction cap, which at 35 per cent is lower than the US and Singapore. And if the tax incentives were put in place, Hong Kong’s assets could account for a higher ... ( read original story ...)
How govt can boost startup ecosystem (other than by splurging)
Amid the startup boom, governments around the world are thinking of ways to boost innovation and technology in their respective territories. In Hong Kong, the government has allocated HK$50 billion for the purpose. The Hong Kong Economic Journal recently ... ( read original story ...)
New Hong Kong-backed start-up Air Belgium abruptly cancels flights after failing to get permission to fly over Russia
Thousands of passengers could be left scrambling to make alternate travel plans after a new start-up airline backed by Hong Kong investors announced on Wednesday it had cancelled flights until June 3. Low-cost long-haul carrier Air Belgium said its first ... ( read original story ...)
Why a Trump-Kim summit in Hong Kong would suit everyone and be good for business too
Hong Kong is a special administrative region of China because we are different – we are like a minority people within China. One hundred and fifty-five years of British administration instilled a particular culture – not a British culture or a ... ( read original story ...)
Wheelock and HK science park team up to offer free city-centre meeting venue for start-ups and investors
Hong Kong start-ups are being given the chance to use a free, prime city centre location in which to meet and pitch their ideas to, hopefully, deep-pocketed investors. As part of a new collaboration between development giant Wheelock Properties and Hong ... ( read original story ...)
Hong Kong Again Most Expensive for Business Trips – South Korea Scores Two in Top Five
Hong Kong regained the top spot from Tokyo in the regional rankings for Asia’s most expensive city for business travelers with the daily cost of accommodation, transport, meals, and incidentals averaging US$506. Singapore and Seoul cost an average of US$ ... ( read original story ...)
Breakingviews – Hong Kong opens doors to far-from-super governance
That gives Hong Kong an uncomfortable edge in its race to the bottom. Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories ... ( read original story ...)
Goldman, BlackRock Fight for LGBT Rights in Hong Kong
Instead, Forth entered Hong Kong as a visitor and had to make cross-border trips to avoid overstaying his short-term visa. He also couldn’t get a job or join a business, according to Immigration Department rules for visitors. “There’s an emotional ... ( read original story ...)
Hong Kong will not be a ‘voiceless victim’ in US-China trade war, top US envoy to city says
Tong was posted to Hong Kong in 2016. He had served as the principal deputy assistant secretary for the Bureau of Economic and Business Affairs at the US State Department, and also the US ambassador for Asia-Pacific Economic Co-operation (Apec). ( read original story ...)
Singapore and Hong Kong Emerging as the World’s Top Crypto-Friendly Cities
After China implemented a blanket ban on cryptocurrencies in 2017, Singapore and Hong Kong have emerged as the leading business-friendly destinations for East Asian crypto companies aiming to raise funds via Initial Coin Offerings (ICOs). Anson Zeall ... ( read original story ...)
AgriTech: These MBAs Just Launched A Game-Changing Urban Farming Startup In Hong Kong
A team of five recent MBA graduates from the University of Hong Kong (HKU) have just launched Farmacy HK, a smart city, urban farming concept based on cutting-edge hydroponic technology. The first concept city farm opened in Hong Kong’s Causeway Bay in ... ( read original story ...)
This MBA Just Got Investment For His Artificial Intelligence Startup—Now He’s Going Global
Plus, Gerardo says, a rigorous entrepreneurship module on the CUHK MBA prepared him for navigating Hong Kong’s startup scene. His professor, who had multiple connections with incubation centers in Hong Kong, paired students with different startup ... ( read original story ...)
When enemies start to resemble each other
The opposition blogosphere is ablaze with anger against the police, who have decided not to prosecute Beijing-friendly lawmaker Junius Ho Kwan-yiu for supposedly calling for the merciless killing of people who advocated Hong Kong independence. The reason ... ( read original story ...)
This Hong Kong exchange overhauls its rules to lure fintechs
This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Hong Kong Exchanges and Clearing Limited (HKEX) will make changes to its listing rules to allow companies with dual ... ( read original story ...)