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Posted on 19/05/2023

Business leaders call for lower pay rises for Hong Kong civil servants to ease pressure on private sector amid post-Covid recovery

Business leaders have urged the Hong Kong government to lower the proposed salary increases for civil servants to below 4 per cent to ease pressure on the private sector amid the early stages of ...

Posted on 19/05/2023

Hong Kong proposes speeding up land lease renewal process, with 300,000 set to expire by 2047

Hong Kong authorities have proposed speeding up the land lease renewal process through a new law as more than 300,000 are set to expire by 2047, 50 years after the city’s return to Chinese sovereignty ...

Posted on 19/05/2023

HK moves step closer towards digital currency

The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...

Posted on 19/05/2023

Hong Kong accountant loses HK$700,000 in phishing scam, joining 1,408 others who collectively lost HK$26.1 million this year

We have difficulties identifying suspects as they are not in Hong Kong." Chan added that most of the time ... said it was negotiating with police, the banking sector and mobile network operators about ...

Posted on 19/05/2023

Hong Kong’s Evolution as a Fashion Sourcing and Innovation Hot Spot

Execs from the Hong Kong Research Institute of Textiles and Apparel (HKRITA), Puma and amfori share success stories out of the market.

Posted on 18/05/2023

HK moves step towards digital currency

The SAR is one step closer to a central bank digital currency as the Hong Kong Monetary Authority (HKMA) launched a pilot program for e-HKD on ...

Posted on 18/05/2023

Hong Kong authorities float legislation to penalise anyone caught operating boats while under influence of alcohol or drugs

Change would close gap in current legislation, as city has no dedicated law to regulate operation of vessels while under influence.

Posted on 18/05/2023

CBP Seizes 3 Hong Kong Shipments Brimming With Luxury Fakes

U.S. Customs and Border Protection seized over 3,000 counterfeits worth more than $3 million in two separate busts this month.

Posted on 18/05/2023

Hong Kong proposes speeding up land lease renewal process, with 300,000 sites to expire by 2047

"As the leases granted in the early days of Hong Kong gradually come to their expiry date ... For land under multiple ownership, the department would grant a new lease to the Financial Secretary ...

Posted on 18/05/2023

Hong Kong launches e-HKD pilot programme, with 16 companies to test digital currency for public use in shops, restaurants

Eddie Yue Wai-man, CEO of the Hong Kong Monetary Authority, hosted a ceremony on Thursday evening to mark the start of an e-HKD pilot programme Some 16 banks and payment companies - including the ...

Posted on 18/05/2023

Hong Kong’s e-HKD pilot puts the world on notice

Rollout of the central bank digital currency in Hong Kong is a potential game-changer and a move that others may soon look to follow.

Posted on 18/05/2023

Hong Kong leader defends removal of politically sensitive books in public libraries

Hong Kong's leader says the city’s public libraries would not recommend books featuring “bad ideologies” to residents after they pulled titles related to the 1989 Tiananmen Square crackdown and ...

Posted on 18/05/2023

Library books should not have ‘unhealthy ideas’: Hong Kong leader

Hong Kong must not "recommend books with unhealthy ideas", the city's leader John Lee said on Thursday, following the removal of library books related to the deadly Tiananmen Square crackdown and ...

Posted on 18/05/2023

Once admired, now reviled, Hong Kong police force failing to attract new recruits

Long-serving officers have left and generous incentives are not enough to fill vacancies in what is today seen as a brutish arm of the Chinese state ...

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