Surging wealth gap haunts Hong Kong

More than a million people live in poverty in Hong Kong, a city best known for its big banks and glitzy shops. As Tara Joseph reports, high costs and low wages are denting the spirit of Asia's world City, where experts say the wealth gap is the highest in ... ( read original story ...)

Hong Kong malls bet on local demand to ride out sales slump

HONG KONG Hong Kong mall operators and retailers, plagued by a prolonged slump in sales, are now digging deep in to the local market to revive their business that has slowed due to a plunge in the number of visitors from mainland China. Chinese-controlled ... ( read original story ...)

Nearly 400 Global Business Leaders Join Hong Kong Forum

The 17th Hong Kong Forum, co-organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), opened today at the Hong Kong Convention and Exhibition Centre. Nearly 400 business leaders ... ( read original story ...)

Sa Sa International sees fall in profits amid drop in tourism

Hong-Kong based Sa Sa International announced a 37.3% decrease in profits in its interim results, highlighting decreasing tourism numbers as a key factor. In the period ending September 30th 2016, Sa Sa International’s turnover reached HK$3.63 bn (€442 ... ( read original story ...)

Fonterra to launch 'Candy Cheese' in Hong Kong

Fonterra is diversifying its product range in new markets abroad, including low-salt cheese in Korea and 'Candy Cheese' in Hong Kong. Fonterra's chief operating officer for global consumer and foodservice, Jacqueline Chow, said the introduction of dairy ... ( read original story ...)