Category: Hong Kong
Hong Kong should slash liquor tax to 20% to support economy, industry groups say
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Latest proposal to lower 100 per cent levy ahead of policy address next month, following similar call from major political parties. https://www.scmp.com/news/hong-kong/society/article/3278483/hong-kong-should-slash-liquor-tax-20-support-economy-industry-groups-say?utm_source=rss_feed
Read MoreUK watchdog shows Vodafone-Three merger a path forward despite competition concerns
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Vodafone’s US$19.7 billion deal for the network owned by Li Ka-shing’s CK Hutchison Holdings would create the UK’s largest carrier. https://www.scmp.com/business/companies/article/3278474/uk-watchdog-shows-vodafone-three-merger-path-forward-despite-competition-concerns?utm_source=rss_feed
Read MoreHong Kong family-office wooing campaign gathers steam, summit attendance shows
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Summit draws 150 attendees as city continues effort to build talent ecosystem and cement status as Asia’s family-office hub. https://www.scmp.com/business/banking-finance/article/3278462/hong-kong-family-office-wooing-campaign-gathers-steam-summit-attendance-shows?utm_source=rss_feed
Read MoreHKIC invests in Ninenovo, Emaldo, GeneSense to expand Hong Kong’s strategic portfolio
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. The three start-ups have opened offices in Hong Kong to leverage the city’s talent and research prowess. https://www.scmp.com/business/banking-finance/article/3278454/hkic-invests-ninenovo-emaldo-genesense-expand-hong-kongs-strategic-portfolio?utm_source=rss_feed
Read MoreHong Kong police arrest 14 syndicate members over alleged laundering of HK$230 million
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Suspects allegedly laundered money from 43 bank accounts linked to dozens of job and investment scams, with victims losing over HK$18 million. https://www.scmp.com/news/hong-kong/law-and-crime/article/3278465/hong-kong-police-arrest-14-syndicate-members-over-alleged-laundering-hk230-million?utm_source=rss_feed
Read MoreEx-headmaster charged with fraud for cheating Hong Kong primary school out of HK$270,000
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chen Yi-hsin, 47, is accused of making false claims about unpaid salary and misusing his position to withdraw school funds for personal use. https://www.scmp.com/news/hong-kong/law-and-crime/article/3278447/ex-headmaster-charged-fraud-cheating-hong-kong-primary-school-out-hk270000?utm_source=rss_feed
Read MoreHong Kong court reduces ‘excessive’ jail terms of 4 students who praised attack on police
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Court of Appeal finds trial judge had set too high a sentence and reduces university students’ jail terms from two years to 15 months. https://www.scmp.com/news/hong-kong/law-and-crime/article/3278441/hong-kong-court-reduces-excessive-jail-terms-4-students-who-praised-attack-police?utm_source=rss_feed
Read MoreChina to raise retirement age to 63 as ageing population puts pressure on economy, healthcare systems
Hong Kong Free Press China said Friday it would gradually raise its statutory retirement age, as the country grapples with a looming demographic crisis and an older population. Hundreds of millions of people in China are set to enter old age in the coming decades while the birth rate dwindles dramatically. Elderly people chat outside…
Read MoreUK report warns focus on national security ‘undermining’ Hong Kong’s reputation as city slams ‘hypocrisy’
Hong Kong Free Press A regular UK government report on Hong Kong, which said the city’s focus on national security was “undermining” its international reputation, has sparked condemnation from authorities over its “absurd and false contents.” China’s national flag in Hong Kong. File photo: Kyle Lam/HKFP. The latest six-monthly report, published on Thursday, details political,…
Read More6 Hong Kong police officers found guilty of framing street sleeper for drug possession
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. District Court convicts four men and two women over perverting course of justice during incident at Tung Chau Street Park in 2020. https://www.scmp.com/news/hong-kong/law-and-crime/article/3278430/6-hong-kong-police-officers-found-guilty-framing-street-sleeper-drug-possession?utm_source=rss_feed
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