Until 2019, Hong Kong had such rich property markets that the city’s authorities imposed taxes and fees designed to discourage buying, reduce demand, and create a more affordable environment. Whatever …
Japanese firms snap up retail spaces in Hong Kong, making the most of city’s low rents and residents’ fondness for country’s brands
Hongkongers love Japanese food and the rents are lower now, chef and founder of restaurant Sushi Fujimoto says Hong Kong government agency InvestHK is in the process of facilitating some new brands …
20 major companies to open or expand in Hong Kong this week, finance chief Paul Chan says
Chan says firms, together with 30 companies that made similar moves last year, will invest more than HK$40 billion in the city and create 13,000 jobs ‘These key companies will help attract upstream, …
HKMA Advances Digital Finance with Phase 2 of e-HKD Pilot Programme
The Hong Kong Monetary Authority (HKMA) has propelled the city into the forefront of digital finance innovation with the announcement of Phase 2 of the e-HKD Pilot Programme on March 14. This …
HKMA Advances Digital Finance with Phase 2 of e-HKD Pilot Programme
The Hong Kong Monetary Authority (HKMA) has propelled the city into the forefront of digital finance innovation with the announcement of Phase 2 of the e-HKD Pilot Programme on March 14. This …
GreenTech Summit: Hong Kong must surmount skills gap, lack of collaboration to reach full decarbonisation potential
Hong Kong is ‘Asia’s sustainable finance centre’, financiers say Greentech is the key to achieving net-zero goals, said Adair Turner, chairman of Energy Transitions Commission, an …
What China Is Saying About the TikTok Furor in Washington
Olivia Wang contributed research from Hong Kong. Meaghan Tobin is a technology correspondent for The Times based in Taipei, covering business and tech stories in Asia with a focus on China. More about …
Illicit Forex Outflow Channels Emerge as Mainland Chinese Find Ways to Snap Up HK Property, Insiders Say
Several ‘underground channels’ to funnel money offshore have emerged, several Hong Kong property agents said. The most common method is to transfer funds in installments from mainland bank accounts to …
3 new Hong Kong ‘community living rooms’ for people living in tiny subdivided flats to open
The new resources, all in Kowloon, are expected to cater to more than 1,000 households living in cramped conditions in To Kwa Wan, Hung Hom and Nam Cheong Chief Secretary Eric Chan appeals to more …
Bankers in India to Get Higher Salary Increases Than Singapore, Hong Kong
Finance professionals in India are in line for higher salary hikes than those in Hong Kong and Singapore this year, underscoring how firms are tapping the nation’s economic boom as China slows, …