By Beiyi Seow The United States is hiking tariffs on US$18 billion worth of imports from China, targeting strategic sectors like electric vehicles, batteries, steel and critical minerals, the Whi...
Hong Kong welcomed almost 3.4 million visitors in April, according to provisional figures from the Tourism Board. Though it represents a 17.3 per cent increase in visitors compared to last April,...
The Tourism Board will give HK$200 vouchers to visitors from eight Chinese cities who will soon be able to come to Hong Kong under an expanded solo travel scheme, allowing them to experience the ...
The addition of eight Chinese cities to Hong Kong’s solo travel scheme will be “a timely boost” for the hotel and retail sectors, a veteran industry representative has said. The move by Bei...
Hong Kong’s tourism minister has slammed a political commentator’s “fallacious” assertion that the city’s tourism policy had driven out high-value establishments and yielded weak econom...
Since moving into a flat in the heart of Hong Kong’s century-old Flower Market, Joyce and her husband Spencer have become big fans of the Kowloon community. The market boasts more than 120 gr...
By Rebecca Bailey Sipping champagne and nibbling fried dumplings, Shanghai’s rich and influential posed by Louis Vuitton signs at a runway afterparty –- a lavish affair designed to win custom...
https://hongkongfp.com/2024/05/05/how-luxury-brands-still-lure-chinese-shoppers-despite-slowdown/
By Holmes Chan and Xinqi Su The Lo Wu arrival hall on Hong Kong’s border used to throng with visitors during mainland China’s “Golden Week”, but as the five-day tourism bonanza kicked off...
Hong Kong’s tax revenue dropped by HK$18.2 billion in the last financial year, the second straight year of decline, amid slumps on the stock exchange and in the property market. The Inland Reve...
Seventy per cent of Hong Kong’s Small and Medium Enterprises (SME) say their income has dropped below pre-pandemic levels, despite Covid-19 restrictions being lifted a year ago, a survey has fo...
A US bill has been introduced to rename part of the street in front of Hong Kong’s representative office in Washington DC “Jimmy Lai Way.” The move aims to honour the 76-year-old media tyco...
By Holmes Chan Banking giant HSBC said Tuesday that chief executive Noel Quinn would retire after overseeing a “successful transformation” of the firm and record profits during almost five ye...
Hong Kong is set to raise the hourly minimum wage by 4.5 per cent to HK$41.8, local media have reported citing sources. The Minimum Wage Commission will also reportedly review the amount annually...
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United State...
Hong Kong’s accounting regulator said it would start an investigation into PwC’s role in auditing Chinese real estate giant Evergrande, citing the publication of a “whistle-blower report”...
By Peter Catterall China’s economy expanded far more than expected in the first quarter of 2024, data showed Tuesday, but disappointing retail and industrial figures suggested leaders face seve...
Hong Kong should attract family offices provided that they are run by “legitimate businessmen” with “legitimate money,” the city’s Chief Executive John Lee has said after a Dubai sheikh...
By Beiyi Seow The United States “will not accept” a situation where underpriced Chinese goods flood the global market, battering industries elsewhere, US Treasury Secretary Janet Yellen said ...
The Hong Kong government has neither invested in nor offered “additional policy benefits or financial support” to any family offices, a spokesperson has said, after news that a Dubai sheikh p...
By Beiyi Seow US Treasury chief Janet Yellen warned during a visit to China on Friday that Beijing’s subsidies for industry could pose a risk to global economic resilience. Yellen arrived in th...
Trading in debt-ridden Chinese property developer Country Garden was suspended in Hong Kong on Tuesday, days after it postponed the release of its 2023 results. The firm is among a number of Chin...
Industry representatives have said that local businesses saw a drop in trade over the long Easter weekend, as Hongkongers made almost 1.76 million outbound trips – four times the number of inbo...
China said Thursday it would lift punitive tariffs on Australian wine, as trade ties improve between the two countries after years of tension, with Canberra soon afterwards announcing it would dr...
Hong Kong will consult the taxi industry as to whether surveillance and dash cameras will be made mandatory in their vehicles. Secretary for Transport and Logistics Lam Sai-hung was responding in...
https://hongkongfp.com/2024/03/27/hong-kong-mulls-compulsory-surveillance-and-dash-cameras-in-taxis/
Chinese President Xi Jinping met Wednesday with representatives of US businesses, state media reported, as Beijing seeks to woo foreign investment and reassure American firms in the face of a slo...
https://hongkongfp.com/2024/03/27/chinas-xi-jinping-meets-us-business-representatives-in-beijing/
Hong Kong MTR fares will increase by about 3 per cent in June, the city’s railway operator has announced. The MTR Corporation (MTRC) – Hong Kong’s only train services provider – announc...
Nineteen firms from mainland China and the US have signed an agreement to set up offices or expand in Hong Kong as part of a government drive to draw international innovation and technology (I&T)...
Hong Kong’s flagship carrier Cathay Pacific lacked the experience and digital capability to predict a manpower shortage, the Civil Aviation Department has found, after the flagship carrier canc...
Canada is conducting a national security review of Chinese-owned TikTok’s proposed expansion of the popular video app in this country, Industry Minister Francois-Philippe Champagne said Friday....
By Alex Pigman The US House of Representatives overwhelmingly approved a bill on Wednesday that would force TikTok to divest from its Chinese owner or be banned from the United States. The legisl...