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Tag: business

Posted on 15/01/2022

Coronavirus fitness boom: more new gyms as Hong Kong retail rentals slide, with sharp rise in 24-hour centres

The Covid-19 pandemic forced 151 gyms in Hong Kong to close last year, but 365 opened, with operators taking advantage of cheaper rents and catering to a surge in fitness enthusiasts in the city. A ... ( read original story ...)

Posted on 15/01/2022

Why Asia must reject the Western economic model, and Amazon’s ‘broken system’ – a sustainability leader speaks

Chandran Nair, founder of Hong Kong think tank the Global Institute For Tomorrow, opened the first environmental consulting firms in a number of Asian countries He tells Kate Whitehead Asia needs to ... ( read original story ...)

Posted on 15/01/2022

Hong Kong buyers of NFTs are ripe targets for hackers, scammers amid growing popularity of crypto projects, dearth of regulation

The past year saw an international boom in NFTs, the total value of which exceeded US$40 billion, but criminal activity has also increased in this sector. ( read original story ...)

Posted on 15/01/2022

Hong Kong school closure: zero-Covid goal is not worth the damage to children’s learning and long-term economic growth

A McKinsey study of US students ... learning to live with the virus and prioritise learning will fare better. Hong Kong ought to be in the latter category by any rational measure, including ... ( read original story ...)

Posted on 15/01/2022

With Hong Kong’s future as Asia’s leading business hub at stake, where’s the Covid-19 rescue plan?

The travel and tourism sector is bleeding worldwide, but as a home for global business, Hong Kong has been hit especially hard Given the gravity of the challenges, it is counterproductive for our ... ( read original story ...)

Posted on 15/01/2022

Coronavirus: struggling Hong Kong firms left ‘speechless’ by ‘peanuts’ HK$3.5 billion aid package

Industry players say subsidies insufficient to cover losses and operational costs, hope for curbs to be lifted as soon as possible Extended social distancing rules mean business will miss out on ... ( read original story ...)

Posted on 15/01/2022

North Korean Hackers Stole Millions from Cryptocurrency Startups Worldwide

North Korean hackers have stolen millions of dollars worth of digital assets from companies worldwide working with cryptocurrencies. ( read original story ...)

Posted on 15/01/2022

Hong Kong restaurant owner says sales will keep dropping due to Covid restrictions

Restaurant chain Pirata Group CEO Manuel Palacio says Hong Kong's recent Covid restrictions measures are having a "brutal" impact on the business, but he is focusing on the long-term prospects. ( read original story ...)

Posted on 14/01/2022

Is There Any Hope Left for Hong Kong’s Fearless Cinema?

Once upon a time, Hong Kong cinema was free and thriving. This resulted in many terrible films, but fast productions and faster box office allowed many filmmakers to do whatever they pleased, ... ( read original story ...)

Posted on 14/01/2022

Hong Kong finance chief urged to roll out fresh round of consumption vouchers to ease pressure on economy, labour market

Lawmakers say scheme was successful in boosting local consumption, call on Financial Secretary Paul Chan to hand out more vouchers of up to HK$10,000 each to eligible residents Finance chief also ... ( read original story ...)

Posted on 14/01/2022

Covid-19 restrictions extended in Hong Kong until third day of Chinese New Year

Move comes as the city grapples with an uptick in Covid-19 cases in recent weeks, many linked to the Omicron variant of the coronavirus. . Read more at straitstimes.com. ( read original story ...)

Posted on 14/01/2022

Hong Kong tourism hangs in the balance as Omicron surges

An unexpected fifth Covid-19 wave has cast a shadow over hopes of a recovery for Hong Kong's tourism sector as authorities tighten anti-virus curbs and shelve long-awaited plans for quarantine-free ... ( read original story ...)

Posted on 14/01/2022

Hong Kong to extend strict COVID-19 restrictions until Feb 3

Hong Kong will extend its stringent coronavirus restrictions until after the Lunar New Year celebrations at the start of February as it aims to stop the spreading of COVID-19 within the community, the ... ( read original story ...)

Posted on 14/01/2022

Fortress Hong Kong loses its lustre as COVID-19 rules bite

After it survived mass protests and a Chinese crackdown, the pandemic is shaping up as the biggest threat to Hong Kong’s status as an international business city. ( read original story ...)

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