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policy address

Hong Kong plans HK$100 million scheme to send NGO staff on ‘patriotic’ exchange trips to mainland China

by Ron Morgan
Hong Kong plans HK0 million scheme to send NGO staff on ‘patriotic’ exchange trips to mainland China

Hong Kong authorities have proposed allocating HK$100 million (US$12.8 million) to social welfare organisations to arrange national study programmes and exchange tours to mainland China. In a paper submitted to …

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Opinion | Time for Hong Kong to open its doors to Asean talent and capital

by Anas Siddiqui
Opinion | Time for Hong Kong to open its doors to Asean talent and capital

Time and time again, I have been asked if I believe in Hong Kong’s future, and if our city can thrive amid the geopolitics in the region and globally. To …

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Hong Kong’s logistics sector eyes smart digital technology to maintain city’s stature as international trading centre

by Anas Siddiqui
Hong Kong’s logistics sector eyes smart digital technology to maintain city’s stature as international trading centre

Hong Kong’s logistics industry needs to adopt more smart, digital technology to thrive despite challenges and help the city retain its position as a premiere international trading centre, experts said …

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Hong Kong’s supply of new homes hits record high amid buyer reluctance

by Anas Siddiqui
Hong Kong’s supply of new homes hits record high amid buyer reluctance

A government estimate of Hong Kong’s supply of new private homes has increased to a record high of 107,000 units as buyers remain hesitant amid high interest rates. The number …

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Opinion: John Lee’s 2023 policy address shows Hong Kong is waking up to new realities

by Ron Morgan
Opinion: John Lee’s 2023 policy address shows Hong Kong is waking up to new realities

On October 25, Chief Executive John Lee Ka-chiu delivered his second policy address with continuing emphasis on the economy and a wide gamut of measures to improve livelihood, from land …

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Zhang Ziyi’s divorce, China sacks Li Shangfu, John Lee’s policy ‘buffet’: SCMP’s 7 highlights of the week

by Walter Watson
Zhang Ziyi’s divorce, China sacks Li Shangfu, John Lee’s policy ‘buffet’: SCMP’s 7 highlights of the week

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical …

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Hong Kong to record higher-than-expected deficit this year as shrinking income from stamp duties, land sales hurts public coffers: Paul Chan

by Ron Morgan
Hong Kong to record higher-than-expected deficit this year as shrinking income from stamp duties, land sales hurts public coffers: Paul Chan

“The deficit for the current fiscal year will be a bit higher than our original forecast mainly because the revenue from the stamp duties and land sales will be less …

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Hong Kong’s moribund luxury property market unlikely to be resuscitated by chief executive’s policy speech

by Anas Siddiqui
Hong Kong’s moribund luxury property market unlikely to be resuscitated by chief executive’s policy speech

Hong Kong’s luxury home market, which has been dealt a triple whammy of lower economic activity in mainland China, elevated global interest rates and higher mortgage costs, is poised for …

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