Funding alone is not enough to promote innovation and technology, says IT industry

Funding alone is not enough to promote innovation and technology, says IT industry

“We need a blueprint, not a short-term work plan,” said insiders from the IT industry in a seminar on Tuesday, held to discuss how funding…

Enhanced elderly care: Hong Kong’s answer to sharp growth in elderly population

Enhanced elderly care: Hong Kong’s answer to sharp growth in elderly population

While Hong Kong’s latest budget seemed to have focused on financial issues, such as whether to distribute cash-handouts to local residents, finance chief Chan Mo-po…

New super tax deduction may not be as inclusive as it seems

New super tax deduction may not be as inclusive as it seems

In order to encourage R&D to be conducted in Hong Kong, the government proposed in its new budget a super tax deduction of 300 percent…

Renters and landlords: GIMMEE A BREAK!

Renters and landlords: GIMMEE A BREAK!

The lack of focus on real estate problems in the latest budget seems to have annoyed some Hong Kong citizens. Hong Kong’s 2017-18 Budget revealed…

New tax break of electric cars gets less-than-electric response

Hong Kong will give new tax breaks of up to HK$250,000 for car owners who switch to an electric vehicle. The Special Administrative Region’s government…

Moving mountains (of cash): RX to the record surplus and spending priorities of the HK government

Moving mountains (of cash): RX to the record surplus and spending priorities of the HK government

Hong Kong unveiled its annual financial budget on Wednesday, as the city found itself swimming in cash again. The budget, which came after Hong Kong’s…

O’Rear Guard Action: David O’Rear returns on Budget 2018

O’Rear Guard Action: David O’Rear returns on Budget 2018

David O’Rear is the former Chief Economist of The Hong Kong General Chamber of Commerce in Hong Kong and a legend in Hong Kong economics…

New Budget gives equal focus to technology and relief measures

New Budget gives equal focus to technology and relief measures

The Budget of 2018-2019 saw a record high surplus of HK$1.38 billion and proposed to allocate around 50 billion each for measures to support the innovative industries and alleviate citizens’ financial burden, as…

BUDGET 2017: All is lost! Except a trillion dollar surplus

BUDGET 2017: All is lost! Except a trillion dollar surplus

The constant prophecies of doom has justified the building of a massive government stash. This constant overdraw on Hongkongers pockets is mollified only by one-off…

High Tide (January 7th 2016) – Daily political round up

High Tide (January 7th 2016) – Daily political round up

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