Few Hongkongers have the vaguest idea of the scale of government procurement, even though it is everywhere around us. The Government Transparency Institute, which tries to monitor government procurement worldwide, estimates it accounts for around 30 per cent of government spending. Worldwide, public procurement shares at least three characteristics. First, it is a colossal business
Hong Kong authorities are investigating a fatal industrial accident involving a 45-year-old technician suspected of being fatally electrocuted at a primary school in Sheung Shui. Police were alerted at 10.53am on Friday to the incident at the campus on Wo Muk Road in Fanling. The worker, 45, was believed to have been electrocuted before losing
The worst seems to be over for Hong Kong’s property sector, with more investors likely to snap up distressed assets in the coming months and home sales set to continue improving as the market anticipates faster interest-rate cuts, according to a JPMorgan researcher. The city’s real estate industry had been battered, with several listed property
03:21 Hong Kong Disneyland team talks about 20 years of magical moments Hong Kong Disneyland team talks about 20 years of magical moments Hong Kong Disneyland Resort, as part of the global entertainment conglomerate, has prided itself on bringing magic and joy to its visitors since it opened its doors on the Lantau Island waterfront
Hong Kong’s leader will further increase the non-local student quota to a maximum of 50 per cent in next Wednesday’s policy address, while the number of places for local students will remain unchanged, the Post has learned. A source close to the matter told the Post that Chief Executive John Lee Ka-chiu would announce an
A school association and a member of Hong Kong’s largest political party have urged the government to go further in its anti-smoking measures, including by banning vaping devices and outlawing “smoking while walking”, after lawmakers passed a controversial tobacco control bill. Their comments came on Friday, a day after the Tobacco Control Legislation (Amendment) Bill
What’s going on here? Ant Group, Alibaba’s finance arm, publicly stepped back from virtual currencies and speculative crypto trading this week, just as Hong Kong regulators reinforced strict rules and renewed warnings about stablecoins. What does this mean? This move highlights how China’s biggest fintechs are navigating Hong Kong’s increasingly cautious digital asset landscape. The
It is easy to forget to appreciate living in one of the most enviable cities in the world when you have a hectic work week, but the weekends are the perfect time to reconnect with Hong Kong. Here are five things to do in the city this weekend to cure your weekday blues. 1. Tea
