Category: Hong Kong
HK Policy Address 2024: New HK$5k monthly subsidy for elderly to live in Guangdong care homes
Hong Kong Free Press The Hong Kong government will offer a monthly subsidy of HK$5,000 to up to 1,000 elderly social security recipients if they want to move to care homes in China’s Guangdong Province, the city’s leader said. Chief Executive John Lee announced the three-year pilot scheme, for subsidising elderly recipients of Comprehensive Social…
Read MoreHong Kong customs arrests 5 in crackdown on syndicate that laundered HK$1.6 billion
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Bank manager, syndicate’s allegedly leader, former compliance officer of money changer and two directors of shell companies apprehended. https://www.scmp.com/news/hong-kong/law-and-crime/article/3282589/hong-kong-customs-arrests-5-crackdown-syndicate-laundered-hk16-billion?utm_source=rss_feed
Read MoreHK Policy Address 2024: Hong Kong revives loan concession scheme to support small and medium enterprises
Hong Kong Free Press Hong Kong is to relaunch a scheme to help small and medium enterprises (SMEs) by offering easier loan repayment terms, as part of a range of measures to boost the business sector. Central in Hong Kong. Photo: Kyle Lam/HKFP. Chief Executive John Lee said in his third Policy Address on Wednesday…
Read More14 things you need to know about Hong Kong leader John Lee’s policy address: liquor tax cut to IPOs
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. New rules to eradicate substandard subdivided flats and measures to attract visitors from Middle East, Asean and mainland among highlights. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3282567/liquor-tax-cut-eased-mortgage-rules-14-takeaways-hong-kong-policy-address?utm_source=rss_feed
Read MoreHK Policy Address 2024: Hong Kong to phase out subdivided units under 8 sq. metres, but ‘coffin homes’ to stay
Hong Kong Free Press Hong Kong will pass a law to phase out subdivided flats smaller than eight square metres (86 sq ft) and ensure they have windows and a toilet, Chief Executive John Lee has announced. But the city’s infamous “coffin homes,” which are regulated – and effectively legalised – by a separate law…
Read More‘Studying in Hong Kong’ brand to boost demand for student housing
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Chief executive pledges to turn Hong Kong into an international hub for postsecondary education, earmarks over 80 hectares of land for university town. https://www.scmp.com/business/article/3282557/studying-hong-kong-brand-boost-demand-student-housing?utm_source=rss_feed
Read MoreHK Policy Address 2024: Chief Exec. John Lee urges religious, language and catering support for Muslim visitors
Hong Kong Free Press Chief Executive John Lee has urged Hong Kong’s tourism, food and beverage and taxi sector to provide better religious, language and catering support for Muslim visitors from the Middle East and Southeast Asia. Halal dim sum in Hong Kong. File Photo: Jennifer Creery/HKFP. The city’s leader was delivering his third Policy…
Read MoreHK Policy Address 2024: Hong Kong expands top talent scheme as city seeks to attract ‘high-calibre talent’
Hong Kong Free Press Hong Kong will add 13 mainland Chinese and overseas universities to its Top Talent Pass Scheme, as the city strives to position itself as an “international hub for high-calibre talent.” Hong Kong’s Central district. File photo: Kyle Lam/HKFP. The scheme aims to attract people with rich work experience and good academic…
Read MoreHK Policy Address 2024: Multiple-entry visa rules for Cambodia, Laos and Myanmar citizens relaxed
Hong Kong Free Press Nationals of Cambodia, Laos and Myanmar will enjoy relaxed rules when applying for multiple-entry visas for travel or business, Hong Kong Chief Executive John Lee announced on Wednesday. Immigration Tower. File photo: Tom Grundy/HKFP. As part of a push to foster closer ties with countries in Southeast Asia, the government will…
Read MoreHK Policy Address 2024: Hong Kong cuts tax on premium liquor amid slump in bar business
Hong Kong Free Press Hong Kong will cut tax on liquor with an import price of over HK$200 to boost tourism and consumption of high-end food and beverages, the city’s leader has announced in the 2024 Policy Address. Bottles of sake in a Hong Kong shop. File photo: Kyle Lam/HKFP. The existing 100 per cent…
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