Resorts World Cruises has added Vietnam and the Philippines to Resorts World One’s five-night cruises itinerary departing from Hong Kong.
Hong Kong gov’t expected to face larger deficit than expected, as finance chief cites weak land sales
The Hong Kong government is expected to face a larger deficit than expected this year, finance minister Paul Chan has said, citing poor land sales amid a struggling property market. Speaking on a Commercial Radio program on Sunday,
Hong Kong Developers Struggle as U.S. Federal Reserve’s Monetary Policy Adds Financial Pressure
The Fed’s interest rate hikes are strengthening the US dollar, which is pegged to the Hong Kong dollar, putting pressure on emerging market currencies and making Hong Kong property less affordable.
Hong Kong must act before ‘deep correction’ in property market: Midland analyst
Hong Kong should move to restore confidence in its property market before it enters a “deep correction”, an analyst said after a lacklustre forecast was made for 2023. Hong Kong recorded 8,792 …
Hong Kong stocks have worst day in three months on worries about rates and real estate
Real estate stocks were once again among the heaviest losers in Hong Kong. Country Garden, one of the country’s largest property developers, sank 4.4%. Its property services arm was down 7.1%.
Golden Week Holiday Puts A Dim Shine On China’s Recovery Prospects
China’s national Golden Week Holiday at the start of October provided a bit of a boost to spending but fell short of government expectations. Stocks were subdued in China and Hong Kong Monday …
Indonesia’s Prabowo Subianto to ensure ‘continuity’ in policies if he becomes president, brother Hashim Djojohadikusumo says
Continuity’ means Indonesia will remain neutral amid ‘great-power competition’, says Hashim Djojohadikusumo at the Post’s Hong Kong-Asean Summit 2023 Chinese investment is also important to …
Thai prime minister in Hong Kong to meet business leaders, officials in bid to ‘promote country and encourage investment’
Srettha Thavisin meets former Exco convenor Bernard Chan, as well as other prominent figures and tycoon Allan Zeman He will meet Chief Executive John Lee on Monday amid a full day of talks with other …
Typhoon Koinu skirts Hong Kong, heads for southern China’s Hainan island
Typhoon Koinu tracked towards China’s resort island of Hainan on Sunday night after skirting Hong Kong, bringing heavy rains and powerful gusts while prompting the closure of transport services and schools in the financial hub.
Steady improvement in Hong Kong’s economy since start of year, finance chief says, with spending surging to 90% of pre-Covid levels
City’s appeal to foreign businesses has grown, with 76 European firms opening offices since start of year, Financial Secretary Paul Chan says.