Category: Hong Kong
China’s economy shows further weakness in second quarter
Hong Kong Free Press China’s economy showed further signs of weakness in the second quarter as data Monday showed growth missed expectations and consumers remained cautious, adding pressure on leaders to unveil further stimulus. A stock exchange board. File photo: Pixabay/Pexels. The disappointing figures follow a string of below-par readings in recent months indicating the…
Read MoreHong Kong’s I&T strategy must keep quality of life at its heart
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. One of the biggest hurdles in Hong Kong’s quest to attract talent and become a technology and innovation hub is housing, and not just home prices. The San Tin Technopole’s importance to the city’s…
Read MoreLegco members say Hong Kong government not doing enough to ensure good medical care for city retirees across the border
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Legco members on trip to Fujian call for Hong Kong to do more to help city people retired to the province after visit to care home for elderly. https://www.scmp.com/news/hong-kong/politics/article/3227918/legco-members-say-hong-kong-government-not-doing-enough-ensure-good-medical-care-city-retirees?utm_source=rss_feed
Read MoreHong Kong to launch e-MPF platform in 2024 and make fully operational 1 year later, fund authority says
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Platform was proposed in 2017 by then leader Leung Chun-ying to cut costs and make fund management more transparent by streamlining scheme’s administration. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3227903/hong-kong-launch-e-mpf-platform-2024-and-make-fully-operational-1-year-later-fund-authority-says?utm_source=rss_feed
Read MoreHong Kong customs officials take HK$84 million of crystal meth off streets after cutting open imported air compressors; 3 arrests made
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Massive haul of crystal meth seized after airport customs officials inspect air compressors imported from Canada. https://www.scmp.com/news/hong-kong/law-and-crime/article/3227901/hong-kong-customs-take-hk84-million-crystal-meth-streets-after-cutting-open-imported-air-compressors?utm_source=rss_feed
Read MoreHong Kong aims to be smoke-free. But will city’s ideas to stub out cigarettes win public approval?
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. While final version was watered down over concerns some measures were too controversial, according to source, some groups still find certain steps too aggressive https://www.scmp.com/news/hong-kong/health-environment/article/3227885/hong-kong-aims-be-smoke-free-will-citys-ideas-stub-out-cigarettes-win-public-approval?utm_source=rss_feed
Read MoreHong Kong commerce chief says 186 companies set up shop in city in 5 months, expresses confidence in reaching goal of 1,130 in 2025
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Figure accounts for about 16.5 per cent of government’s target to lure 1,130 businesses to set up in Hong Kong. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3227890/hong-kong-commerce-chief-says-186-companies-set-shop-city-5-months-expresses-confidence-reaching?utm_source=rss_feed
Read MoreHong Kong customs arrests 30, seizes narcotics worth HK$39 million at airport in 6 months
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Syndicates began using more couriers to smuggle drugs after pandemic travel restrictions were lifted. https://www.scmp.com/news/hong-kong/law-and-crime/article/3227807/hong-kong-customs-arrests-30-seizes-narcotics-worth-hk39-million-airport-6-months?utm_source=rss_feed
Read MoreHong Kong insurance industry’s new capital rules will lift risk management standards as uncertainty grips capital markets
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Hong Kong’s new capital requirements for insurance companies will increase challenges for local insurers with regards to their investments, but the adoption of the risk based capital regime will also help improve their risk…
Read More‘I’ll get upset if I don’t eat dim sum’: Hongkongers keen to spend latest round of consumption vouchers despite T3 typhoon warning
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Second instalment worth HK$2,000 handed out on Sunday, but some residents express disappointment with amount. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3227887/ill-get-upset-if-i-dont-eat-dim-sum-hongkongers-keen-spend-latest-round-consumption-vouchers-despite?utm_source=rss_feed
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