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Hong Kong News

Hong Kong to make rich pay more tax

BIG EARNERS WILL PAY more tax, Hong Kong's finance chief said in his latest budget. But the rate will still be far lower than rich people pay in other jurisdictions. In the budget announced last Wednesday, Financial Secretary Paul Chan Mo-po has come up with a fiscal consolidation program to slash the deficit in the…

March 7, 20240Comments ByH.C. Lu

Hong Kong News Opinion

Stephen Roach, don’t bet against Hong Kong people

IN 1897, WHEN THE New York Journal told Mark Twain, the humorist, of the rumor he was dying in poverty in London, he was amused. He replied, “The report of my death was an exaggeration,” hoping to nip the story in the bud. The same can also be said of anybody who predicts Hong…

March 5, 20240Comments ByGrenville Cross

Hong Kong News

Budget boost re-ignites the buzz in Hong Kong property scene

HONG KONG PEOPLE raced to search for “stamp duty” on Google within minutes of Wednesday’s government pledge to make home-buyer easier and cheaper. But at the exact same time, people selling their apartments raced to raise their prices. Ultimately, the changes brought a lot of energy back into the housing market—expect some hard bargaining to…

March 1, 20240Comments ByFriday Writers

Features Hong Kong News News

International debate produces 7 ideas to reignite Hong Kong tourism

Hong Kong tourism is set for a major revival in the medium term—as the city is sitting on the doorstep of the world’s biggest “new” middle class. Mainland China already has more middle class people than all the countries of western Europe and North America put together. THE INTERNATIONAL and local community of Hong Kong…

February 29, 20240Comments ByNury Vittachi

Hong Kong News News Opinion

Give Hong Kong judges flexibility in sentencing

While Hong Kong was still run by the British, the Basic Law was drawn up, which included an article numbered 23 - which was an acknowledgement that Hong Kong should not be deprived of the security laws that virtually all other places have to keep them safe. But some Hong Kong people were nervous,…

February 22, 20240Comments ByGrenville Cross

Features Hong Kong News News

Hong Kong brand Giormani craves out new niche in sofa markets

HONG KONG DESIGNER Kelvin Ng (吳紹棠) and his wife Jane Tong (唐慕貞) never imagined that their sofa business Giormani (茲曼尼) would be such a big success when they started it about 25 years ago. Their tailor-made sofas are now sold in the city and over 40 markets worldwide. Rather than just selling a piece…

February 19, 20240Comments ByH.C. Lu

Hong Kong News Opinion

Agitators have been making needless trouble in Hong Kong legal sector

As an international business center, Hong Kong needs a world-class legal system, based on clearly expressed legislation and precedents. But in recent years, its flexibility has been exploited by people who file muddled, complex, mega-lengthy cases—often ones that don’t even involve them. Some of these come across as thinly disguised political grandstanding. Absurd complaints over…

February 8, 20240Comments ByHenry Litton

Features Hong Kong News News

Stop trying to make money, top investor tells Hong Kong business people

Legendary finance guru George Hara told told a somewhat stunned business community that if Hong Kong can rid itself of short-term thinking, it stands to become "a model city". James Ockenden was there. HONG KONG NEEDS to stop chasing short-term returns and shift to "public interest capitalism” to thrive as a tech centre, one of…

February 1, 20240Comments ByJames Ockenden

Culture Features Hong Kong News News

‘2D sex isn’t 3D sex’ so doesn’t count as unfaithful

IT'S NOT CHEATING if you are using a screen, because "2D sex isn't 3D sex," a Hong Kong man told his partner. That's just one eyebrow-raising example of the new minefields of modern relationships. We'll get back to that guy. First, let's meet Spreadsheet Superwoman. A ruthless female Asian executive created a secret spreadsheet…

January 23, 20240Comments ByNury Vittachi

Hong Kong News Opinion

Same-sex couple in Hong Kong had a tortuous road to justice

People with the right to work in modern cities can legally get a dependant’s visa for their spouses. Whether it is a heterosexual couple or a same-sex couple makes no difference. Yet Hong Kong’s immigration chief rejected a woman’s application for her female partner, triggering a legal debate on discrimination and human rights that was…

January 21, 20240Comments ByHenry Litton

Hong Kong News

Hong Kong to make rich pay more tax

Stephen Roach, don’t bet against Hong Kong people

Budget boost re-ignites the buzz in Hong Kong property scene

International debate produces 7 ideas to reignite Hong Kong tourism

Give Hong Kong judges flexibility in sentencing

Hong Kong brand Giormani craves out new niche in sofa markets

Agitators have been making needless trouble in Hong Kong legal sector

Stop trying to make money, top investor tells Hong Kong business people

‘2D sex isn’t 3D sex’ so doesn’t count as unfaithful

Same-sex couple in Hong Kong had a tortuous road to justice

Hong Kong stays top of financial world

Tucker Carlson has become the conscience of the western media: or has he?

How horrible is nuclear war: lessons from a 1957 novel