Hong Kong

Ocean Park propelled by $30m government boost as Disneyland flounders

Finance Secretary Paul Chan pledged the financial assistance to boost the city's tourism.

Ocean Park propelled by $30m government boost as Disneyland flounders

Finance Secretary Paul Chan pledged the financial assistance to boost the city's tourism.

Chinese energy investor ditches Li-Ka Shing office tower sale

New investors Hui Wing Mau and Pollyanna Chu Yuet Wah will take 20% and 17% stake to fill in the vacuum.

Hong Kong loans grew 16% in 2017 amidst soaring property prices

It posts one of the largest loan growth in Asia, easily beating Singapore, Thailand, Indonesia and Malaysia.

Mega transport projects accelerate Hong Kong's construction boom

It’s expected to grow 1.8% annually between 2018 and 2022.

Hong Kong inks fintech cooperation with Switzerland

It lays out a bilateral mechanism for companies entering one another’s markets.

Exports rose 18.1% to $350b in January

Significant trade increases were registered in Taiwan, the Mainland and Vietnam.

Hong Kong bosses prefer to upskill than hire to combat market disruption

31% aim to leverage the expertise of other businesses by partnering with digital agencies.

Nearly half of employees expect to ditch their jobs in 2018

49% have expressed dissatisfaction with their compensation package.

Secondary home sales up 21% to 1,725 in first half of February

This is partly due to stamp duty amendments encouraging home upgrades.

Hong Kong offers better jobs than Singapore, say expats

They also receive more competitive salaries at USD148,410 than Singapore expats at USD117,904.

Happiest place on earth no more: housing woes may hit Disney

Mickey and Minnie may soon be homeless, but at least, 40,000 Hong Kongers won’t be.

Producer e-waste responsibility scheme rolls out this year

It shifts the burden of recycling of old and unwanted appliances to suppliers.

Office net take-up hits 209,900 sq ft in January

Hong Kong East and Kowloon outpaced Central as they led the shift towards decentralisation.

20 building plans approved in December

Of that figure, 9 were for apartment and commercial developments.

How will Hong Kong profit from a purpose-driven economy?

How do we make sure we have an education system that is welcoming for all? Hong Kong’s landfills will be out of space by 2020 – what will we do with all our rubbish? The population is rapidly ageing: do we have enough skilled workers in the pipeline? Hong Kong, like many major cities, has plenty of pressing social problems that need to be addressed.

Hong Kong drowning in cash as surplus hits 8.6% of GDP in Q3

PwC estimates fiscal surplus to hit $168b – ten times than the original government estimate.