Category: Hong Kong
Hong Kong to set up HK$10 billion I&T fund in bid to bring in HK$100 billion in investments
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Goal is to systematically build an I&T ecosystem, John Lee says in policy address. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3282652/hong-kong-set-hk10-billion-it-fund-bid-bring-hk100-billion-investments?utm_source=rss_feed
Read MoreHong Kong talent drive to focus on retaining 50,000 professionals each year
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chief Executive John Lee also calls for creation of more student hotels under bid to become international tertiary education hub. https://www.scmp.com/news/hong-kong/education/article/3282649/hong-kong-talent-drive-focus-retaining-50000-professionals-each-year?utm_source=rss_feed
Read MoreHK Policy Address 2024: Concern group ‘disappointed’ with subdivided flat phase-out plan, urges rehousing
Hong Kong Free Press A concern group has expressed disappointment at new measures to phase out “unliveable” subdivided flats, calling for a comprehensive resettlement plan and stronger rent controls. A flat converted into bedspace units. Photo: Kyle Lam/HKFP. In a statement issued after Chief Executive John Lee delivered his third policy address on Wednesday, the…
Read MoreHong Kong beats Singapore to No 1 in global ranking on economic freedom
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Fraser Institute’s 2024 report of the Economic Freedom of the World measures 165 jurisdictions in five areas of assessment. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3282647/hong-kong-beats-singapore-no-1-global-ranking-economic-freedom?utm_source=rss_feed
Read More33,000 Hong Kong households to move under new scheme targeting substandard flats
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Government intends to improve standards for city’s smallest flats but questions remain over how resettlement will be handled. https://www.scmp.com/news/hong-kong/society/article/3282646/33000-hong-kong-households-move-under-new-scheme-targeting-substandard-flats?utm_source=rss_feed
Read MoreHong Kong wine traders expect retail prices of high-end spirits to fall with lower tax
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Mixed responses from traders on benefits of slashed alcohol duty and unhappiness among the medical sector, but doctors in Exco support move. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3282645/hong-kong-wine-traders-expect-retail-prices-high-end-spirits-will-fall-lowered-tax?utm_source=rss_feed
Read MoreHong Kong extends multi-entry visa for non-permanent residents to 5 years to attract investors
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. City leader rolls out new measure aimed at boosting city’s appeal to foreign investors and reinforcing its international trading hub status. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3282642/hong-kong-extends-multi-entry-visa-non-permanent-residents-5-years-attract-investors?utm_source=rss_feed
Read MoreHong Kong retirees on welfare to get extra HK$5,000 monthly if they live in designated mainland care homes
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. City leader says in policy address subsidy would be in addition to CSSA payment and be open to elderly residents living in designated care homes. https://www.scmp.com/news/hong-kong/society/article/3282638/hong-kong-retirees-welfare-get-extra-hk5000-monthly-if-they-live-designated-mainland-care-homes?utm_source=rss_feed
Read MoreHong Kong to increase pool of doctors with third medical school in Northern Metropolis
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. City leader also promises in policy address to lower cost of medicines in public hospitals and community clinics through central purchasing. https://www.scmp.com/news/hong-kong/health-environment/article/3282636/hong-kong-increase-pool-doctors-third-medical-school-northern-metropolis?utm_source=rss_feed
Read More3 Hongkongers convicted for assault after soaking policemen in Thai New Year festival
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Court remands taxi driver, clerk and steel fixer to await sentencing, saying their actions went beyond mere ‘horseplay’ at Songkran festivities. https://www.scmp.com/news/hong-kong/law-and-crime/article/3282635/3-hongkongers-convicted-assault-after-soaking-policemen-thai-new-year-festival?utm_source=rss_feed
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