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 Hong Kong

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updated Tue. March 27, 2018

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Hong Kong's profitmaking railway operator is set to raise ticket prices by 3.14 per cent this summer, prompting renewed calls for an overhaul of its controversial fare adjustment mechanism. With government data paving the way for the MTR Corporation to raise fares under the mechanism, the ...
Hong Kong leader Carrie Lam Cheng Yuet-ngor has defended her personal donation to the city's biggest opposition party but added she was "sorry for causing inconvenience or discomfort" for parties on both sides of the political divide. Lam also said she would be "more restrained" if her critics ... pro-democracy

Dela Torre, sent to Hong Kong by the Philippine Secretary of Labour and Employment Silvestre Bello on a three-year stint, told the Post he was a "bit surprised" by the sudden recall although rumours of his impending departure had been swirling in the city's 217,000-strong Filipino community, of ...
Tucked behind the bushes in an inconspicuous garden by Hong Kong's harbor front is a white marble plaque resembling a tombstone. On closer inspection, the words "A Time Capsule of Some Day" are engraved on it. "A time capsule is something very personal. Different people have different ideas ...
Hong Kong and mainland Chinese stocks rose by Tuesday noon, as investors welcomed signs that the US and China were in talks to avert a full-blown trade war. Hong Kong's Hang Seng Index advanced 0.9 per cent, or 277.69 points, to 30,826.46 by the mid-session close. The Hang Seng ... Shanghai
HSBC, Hong Kong's biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a week after the US Federal Reserve raised its key interest rate by 25 basis points. The move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The number ...
HONG KONG -- This city's creative scene has transformed in the decade since an annual art fair was introduced. Galleries, museums, design spaces and alternative fairs have cropped up, in some cases reviving abandoned complexes and industrial neighborhoods. Here's a guide on where to see the ...
Architects and developers have also put forward some novel proposals, ranging from the quirky to the audacious. While some of the ideas may be repackaged versions of the cramped spaces the city has long known, others could reshape the future of housing in Hong Kong. Here are some of the ...
The foreword to Hong Kong's national anthem bill will “mention the promotion of patriotic spirit”, similar to what is in the mainland law, the city's constitutional and mainland affairs chief said on Friday. Patrick Nip Tak-kuen said this to lawmakers when he briefed them on the bill that is set to be tabled in the ...
Hong Kong lawmakers from across the political spectrum have criticised the government for coming up with a “complicated and costly” scheme to give over one-third of Hongkongers, or 2.8 million people, a cash handout of up to HK$4,000 (US$510) each. It came after Financial Secretary Paul Chan Mo-po ...
Nevertheless, ask an established Hong Kong restaurateur for advice about venturing into the business and you will quite possibly be told: “Don't!” That is because setting up a food and beverage outlet in the city is an arduous, patience-testing journey. With one outlet for every 600 residents, Hong Kong has ...
Hong Kong importers and lawmakers are urging the city's leader to be cautious about Tokyo's expected request to lift restrictions on Japanese food imports. They spoke as Japanese foreign minister Taro Kono arrived in Hong Kong on Saturday, a day before his meeting with Chief Executive Carrie Lam ...
With the frenetic pace of life in Hong Kong, upbeat songs are often the soundtrack to the city, but for a more cultured, relaxed vibe, Jazz Ladies are the ones to turn to. The all-female group only formed at the beginning of the year, but have already jazzed up the city's music scene with three public ...
It would be unlawful for Hong Kong musicians to use the national anthem in their artistic work under the government's bill to criminalise insults to the song, the city's constitutional and mainland affairs chief said on Saturday. But Patrick Nip Tak-kuen argued this did not mean that Hongkongers' artistic ...
Hong Kong is now better equipped in some ways after battling Sars back in 2003, but experts warn of the city losing its vigilance against emerging threats and the dangers of an overwhelmed public health care system. After the outbreak killed 299 people in the city, the government established the Centre for ...
A Hong Kong dragon boat team will row 12 hours in Taiwan waters to reach one of the island's most polluted areas as part of an environmental campaign to raise money and support clean-up efforts. The event, organised by rowing group Dragon Overtime, is aimed at raising NT$20 million (HK$5.3 million) ...

Hong Kong must do more to prevent potentially invasive alien species from becoming established in the city, including tightening or introducing laws on animal imports and clamping down on “mercy releases” into the wild, experts say. Despite identifying such wildlife as a key threat and challenge in its ...
Each year the Hong Kong government budgets how much it will need to spend for each of its eight sectors, including education, security and infrastructure. The simple reason for the surplus in money is the conservative approach the city takes to spending. Officials are obliged to follow the rules on fiscal ...
A deputy director of Beijing's organ in Macau has said it was his understanding that those calling for an end to China's “one-party dictatorship” cannot run for Hong Kong's Legislative Council. Tam Yiu-chung, a newly-appointed member of China's top legislative body, said this weekend that candidates may ...
Choi Fung-yee, of the Hong Kong Society for Asylum Seekers and Refugees, said the process for asylum seekers to obtain certain certificates needed for public health care was too long. He urged the Food and Health Department to work with the Immigration Bureau to accelerate the processing time.
Hong Kong and mainland China's small business operators are more willing to invest and make use of technologies in their operations than Singapore and Australia, a strategy that helps them to achieve better growth, according to a survey of CPA Australia. Mainland Chinese SMEs ranked top with 84 per ...
Hong Kong's biggest overhaul of accountancy regulation in a decade will still leave the city trailing the international standards of other major financial centres, according to the head of the auditing watchdog. Paul Winkelmann, chief executive of the Financial Reporting Council (FRC), said the proposed new ...
The owner of a 25,000 square feet super deluxe house at 89 Repulse Bay Road will pay an annual government tax of about HK$655,500 (US$83,575) for the next financial year, the highest in Hong Kong, according to data released by the government. The Rating and Valuation Department on Monday said ...
Hong Kong's wealthiest woman is still shopping for the biggest purchase of her life – a stake in the world's most expensive office building – even if her wealth on paper had been halved. Pollyanna Chu Lee Yuet-wah, co-founder of Kingston Financial Group, said she is close to completing the financing for ...
March 21 is International Day for the Elimination of Racial Discrimination, which aims to raise awareness of cultural diversity and social inclusion worldwide. In Hong Kong, where ethnic minorities comprise 8 per cent of the population, ethnic minority youth in particular should be the focus of efforts to ...
The Hong Kong government has promised to enhance management of the Avenue of Stars on the Tsim Sha Tsui waterfront as it denied striking an “under-the-table deal” with a developer over the tourist spot's renovation. Since 2004, New World Development has managed the attraction on the Kowloon ...
While housing prices and rents continue to rise in Hong Kong, low inflation has kept general groceries relatively cheaper than other cities in the top 10. The price of a 1kg loaf of bread in Hong Kong dropped 10 per cent to US$4.16 this year, lower than Paris and Zurich, which are ahead of Hong Kong on the ...
In this Tuesday, March 13, 2018, photo, architect James Law sits at an OPod tube house in Hong Kong's industrial area of Kwun Tong. Hong Kong's notoriously expensive housing makes owning an affordable home a pipe dream for many residents. But the local architect proposed a novel idea to help ...
A committee tasked to review an unpopular competency assessment for Hong Kong's young primary pupils will recommend tests continue this year but be conducted using a random sampling method and in a way that schools' results could not be identified and lead to unnecessary drilling, sources have ...
Shell is close to inking a long-term LNG supply deal with Hong Kong utility CLP Power, which would make the supermajor the first long-term exporter of the fuel to Hong Kong as it shifts away from coal and into natural gas. The deal, according to sources who spoke to Reuters, is contingent on the ...
Despite the proliferation of group 1 races at Sha Tin Racecourse, the BMW Hong Kong Derby is the high point of the season for locals and sometimes a pathway to the top levels for upwardly mobile horses. The race is far and away the most coveted by Hong Kong owners, not only because of the generous ...
Hong Kong has dropped five spots to rank 76th in the United Nations' annual world happiness rankings, falling below Pakistan and just above Portugal. Nordic nations occupied the top four spots in the study by the UN Sustainable Development Solutions Network, with Finland ranking as the happiest ...
Policymakers are studying the possibility of imposing a vacancy tax on property owners hoarding empty flats as the latest measure to tackle space-starved Hong Kong's acute housing shortage. Financial Secretary Paul Chan Mo-po revealed on Thursday that the option, which would mark a radical and ...
Concrete jungle Hong Kong will have a greater diversity of trees and shrubs in future, as part of a government plan to place at least 120 varieties of plants along the city's streets to make the environment more pleasant, especially for pedestrians.
HONG KONG: Hong Kong flag carrier Cathay Pacific on Wednesday (Mar 14) booked the first back-to-back annual loss in its seven-decade history but said it was in the black for the second half and was upbeat about the next year. The firm's report was its worst since 2008 during the global financial crisis, ...
Members of Hong Kong's construction industry, a sector known to be traditionally averse to the adoption of new technology, are calling for young blood to join its ranks to keep pace with the fast-changing times. The newly formed Institute of Construction said it hoped to convince new talent that their sector ...
The arrest of a former college student in Hong Kong over the murder of his girlfriend in Taiwan may prompt an unprecedented legal arrangement to transfer the suspect in the absence of any formal extradition agreement between the two places, the Post has learned. A source familiar with the matter said a ...
Hong Kong's benchmark stock index closed lower on Wednesday for the first time in five days, with electronics component suppliers posting heavy losses, in response to a report that US President Donald Trump is likely to impose tariffs on up to US$60 billion of Chinese imports in the tech and telecom ...
CLP Holdings, the larger of Hong Kong's two electricity suppliers, is looking for more partnerships with universities and strategic investments in start-ups with technologies and ideas that can help the 117-year-old utility become more cost efficient and better at meeting customer needs. The company started ...
Agureev, a veteran commercial banker before joining Alrosa six months ago, said the firm signed its first long term supply agreement with a Chinese customer in 2010, and last year sales to mainland China and Hong Kong amounted to US$180 million - less than 5 per cent of Alrosa's global sales.
Hong Kong has submitted 35 films for the Academy Award for Best Foreign Language Film since first entering the Oscar competition in 1959. This year's submission – Mad World, the first feature film by director Wong Chun – stars Shawn Yue and Eric Tsang and delves into the mind of mental illness.
Asked about Hong Kong election authorities' decision to bar advocates of self-determination from running in this month's Legislative Council by-election, Wang said calls for self-determination and independence were both violations of the Basic Law. Li Fei, chairman of the Basic Law Committee under ...
A formal complaint at the World Trade Organisation would be considered if the US carried out heavy tariffs on aluminium imports from mainland China and Hong Kong, the city's trade minister revealed on Monday. “Tariffs should be proportionate and reasonable, even when citing national security,” ...
A two-year-old girl died after choking on a grape at home in Hong Kong on Sunday night (Mar 4), according to a report by public broadcaster Radio Television Hong Kong (RTHK). In the report on Monday, RTHK said paramedics arrived at the girl's home in Tsing Yi at about 8.30pm and found her already ...
Hong Kong has historically served as the springboard for evangelizing on the mainland. But as President Xi Jinping kicks off a renewed crackdown to bring Christianity under state control by instituting new religious regulations, pastors in Hong Kong — since 1997 a semi-autonomous Chinese territory ...
Many Catholics in Hong Kong are confused and upset with the Vatican's recent steps to resume relations with the Chinese government even as Beijing has continued to silence critics. In the nearly seven decades since its establishment, the People's Republic of China has not had formal diplomatic ...
A Hong Kong prison housing an Indian-born local resident with alleged links to terrorism and political killings stepped up security to its maximum level for the suspect on Tuesday, after he was revealed to be the subject of a global manhunt, the Post has learned. Ramanjit Singh, alias Romi, 29, has been ...
Protesting bus drivers in Hong Kong have suspended threats of industrial action after the city's largest franchised bus company agreed to “positive measures” during an emergency meeting. The session, which ended at about 1am on Tuesday, was a last-ditch effort to break the deadlock after the driver ...
Underlying profit, excluding revaluation gain on investment properties, was HK$4.2 billion for the six months to December, down from HK$5 billion a year earlier, according to a filing to the Hong Kong stock exchange. Revenue realised from property sales decreased to HK$9.89 billion from HK$13 billion a ...


 

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