Pro-Beijing parties hold a near unassailable majority in Hong Kong's legislature, LegCo, thanks to the functional constituency system, which allocates seats to certain business, trade and civil society groups, the majority of which take their lead from China. ( read original story ...)
Hong Kong’s budget funding for innovation is a smart start
Will the HK$50 billion investment in innovation and technology, along with other initiatives in the budget, contribute to building the desired culture of innovation in Hong Kong? In addition, what more should the government be doing in its role as ... ( read original story ...)
How the rubber duck is Hong Kong’s business and spirit of ‘can do’
In 2013, Dutch artist Florentijn Hofman set afloat a massive, 12-metre rubber duck in Victoria Harbour as part of a world tour. Hofman was on a vague mission of peace and togetherness dedicated to the citizens of the world. The ongoing tour that began in ... ( read original story ...)
Hong Kong’s ‘flagship’ e-scrap facility nears start-up…finally
China: There were serious delays in its construction and completion. But now the Hong Kong WEEE Park, seen as the modern face of electronics recycling in Hong Kong, is all set to open its doors. The Euro 60 million (US$ 74 million) treatment facility ... ( read original story ...)
Readers Say: Hong Kong’s Richest; Charley Shin and Philadelphia Eagles Have Something In Common
“Shame he don’t give it back to Hong Kong by making home prices cheaper.” Viva Republica! South Korean Startup Toss Churns $1 Billion a Month 5,608: “Our culture dynamic really focuses on freedom and responsibility.” Blue Skies for the Founder of ... ( read original story ...)
Hong Kong Seen Draining Liquidity With Currency Near ’84 Low
India Can No Longer Spend Its Way To Higher Growth Why Is PM Modi Allowing DACOIT-y On Indian Digital Startups? India’s Online Streaming ... Days’ — Finally Ends For PM Modi (Bloomberg) -- Hong Kong’s central bank will probably take steps to ... ( read original story ...)
HKETO Berlin promotes Hong Kong business opportunities in Hungary (with photo)
Following a fruitful trip to Hong Kong of a business delegation organised by the Hungarian Chamber of Commerce and Industry in December 2017, the Hong Kong Economic and Trade Office, Berlin (HKETO Berlin) together with Invest Hong Kong (InvestHK) built on ... ( read original story ...)
Why 117-year-old Hong Kong utility CLP seeks partnerships and stakes in tech start-ups
CLP Holdings, the larger of Hong Kong’s two electricity suppliers, is looking for more partnerships with universities and strategic investments in start-ups with technologies and ideas that can help the 117 year-old utility become more cost efficient and ... ( read original story ...)
22 Best Shops in Hong Kong
Let’s start with scale. Where are we between global flagship and neighborhood boutique? As one of Hong Kong's most famous local design shops, there are G.O.D.s big and small all over the city, however, this is the largest, spread across two floors in ... ( read original story ...)
Hong Kong’s Science Park just got the lion’s share of the budget goodies, but on what basis?
So each year, Hong Kong’ budget is a series of ad hoc expenditures based on the current surplus rather than total reserves. It’s as primitive as a household budget. We’ve gotten so used to local terms like “goodies” and “sweeteners”, which ... ( read original story ...)
Hong Kong-listed companies need greater board independence, AllianzGI says
A key reason for the perceived non-independence is that many board directors in Hong Kong have ongoing business relationships with, or are affiliated with, the controlling shareholders, said Eugenia Unanyants-Jackson. It is also very rare in Hong Kong to ... ( read original story ...)
Interview: Alexandra Andersson, protector of Hong Kong’s pangolins – cute, harmless, and endangered
“Something like that,” says Andersson, the daughter of a Swedish investment banker who came to Hong Kong for business reasons. Smugglers just treat pangolins as a business opportunity, in the knowledge they are breaking the law. “They probably know ... ( read original story ...)
Hong Kong slow to act on suspected money-laundering scheme that duped Filipino maids, legal experts say
In return, she expected to receive a “personal UK passport, 15 air tickets to London and an opportunity to explore the UK business market”. Ylagan, a Philippine native and long-time Hong Kong resident, claimed in the statement that no cash as ... ( read original story ...)
Faster, cheaper MRIs a new breast-screening option from Hong Kong start-up
Women worried about the discomfort of having a mammogram, or the high cost of magnetic resonance imaging (MRI) screening, may soon have another way of checking their breast health. Galen MRI Systems recently debuted its EMMA machine, designed for quicker ... ( read original story ...)