EnviroSeries Conference envisions a future of sustainably-driven urban transport

EnviroSeries Conference envisions a future of sustainably-driven urban transport
Business

The four-part series for the Business Environment Council’s upcoming conference centres around the transformation of Hong Kong’s urban transport into a system focused on sustainability…

Digital transformation and financial hardship burden women entrepreneurs in a pandemic-ridden world

Digital transformation and financial hardship burden women entrepreneurs in a pandemic-ridden world
Business

Businesswomen in Hong Kong and around the world face greater challenges in the pandemic, a recent survey finds. Women entrepreneurs have been harder hit than…

Free trade policy and necessary lockdown favoured by English-speaking Hong Kong citizens amid COVID-19 economic downturn

Free trade policy and necessary lockdown favoured by English-speaking Hong Kong citizens amid COVID-19 economic downturn
Business

Despite the temporal damage to the economy, respondents to a poll conducted by C|T Group does not oppose lockdown if there is another COVID wave….

Are Hong Kong’s global talent pool and pipeline drying up?

Are Hong Kong’s global talent pool and pipeline drying up?
Business

A recent survey sheds some light on expectations and motivations across the community of global professionals since the onset of the COVID-19 pandemic. Photo: Wiki.lkfa /…

Hong Kong’s local tourism to expand after 99.9 percent slump in visitor arrivals

Hong Kong’s local tourism to expand after 99.9 percent slump in visitor arrivals
Business

Transformations such as promoting local tourism and re-examining the industry’s possibilities could determine its survival. Photo: Hong Kong Film Awards Statue, Avenue of Stars, Hong…

HK may lose freest economy title if it remains “shackled by government”, Fraser warns

HK may lose freest economy title if it remains “shackled by government”, Fraser warns
Business

Fraser Institute’s Economic Freedom of the World 2019 annual report ranks Hong Kong at its #1 spot – but not without a word of caution. …

Hong Kong Regulators Mull Marketwide Circuit Breaker

Hong Kong Regulators Mull Marketwide Circuit Breaker
Business

Hong Kong’s regulator, the SFC, is considering introducing a circuit break mechanism to the HKEx.

A World Cities Summit without Asia’s World City?

A World Cities Summit without Asia’s World City?
Economy

The World Cities Summit is missing one ‘World City’: Hong Kong. What is Hong Kong missing in return? by Waltraut Ritter, Knowledge Dialogues The number…

Greater bay area project could address Hong Kong’s land resource challenges, Carrie Lam says

Greater bay area project could address Hong Kong’s land resource challenges, Carrie Lam says
Business

The highly-anticipated Greater Bay Area (GBA) project could be the answer to Hong Kong’s land resource challenges, Chief Executive Carrie Lam Cheng Yuet-ngor said at…

Hong Kong, Abu Dhabi sign co-op agreement as banks pleads for more fintech 

Hong Kong, Abu Dhabi sign co-op agreement as banks pleads for more fintech 
Business

The Hong Kong Securities and Futures Commission (SFC) and Abu Dhabi Global Market (ADGM) have recently signed a cooperation agreement to jointly promote and support…

Crypto exchanges flee from Asia amid regulatory uncertainties

Crypto exchanges flee from Asia amid regulatory uncertainties
Business

Scared away by regulatory clampdowns and uncertainty, cryptocurrency exchanges are fleeing Asia in general and Hong Kong in particular. At least three major exchanges, including…

SFC proposes to triple compensation for investors from defaulting companies

SFC proposes to triple compensation for investors from defaulting companies
Policy

The Securities and Futures Commission (SFC) said in a statement on April 27 that it is considering to update its Investor Compensation Regime (ICR). The…

“Hong Kong City” proposed in Greater Bay Area

“Hong Kong City” proposed in Greater Bay Area
Economy

The policy centre Business Professionals in Hong Kong has created a plan to transport a slice of Hong Kong into the mainland. Positioned as an…

Hong Kong’s de facto central bank buys HKD for the first time since 05’ 

Hong Kong’s de facto central bank buys HKD for the first time since 05’ 
Markets

The Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, has intervened to buy HK$3.258 billion of the local currency for the first…

China should lead in creating new sustainable international development model

Ed Note: While Harbour Times normally only looks at Hong Kong policy, our author here anticipates Hong Kong officials participating in mainland governance bodies will…

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

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

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…

Failed abroad, to fail in Hong Kong? New tax on vacant homes of uncertain impact

In a city where housing situation has been a nightmare for many, the government is looking to an alternative to stamp duty to alleviate the…

Global free trade trumps protectionism, Australia says

Australia’s trade minister Steven Ciobo delivered a speech in Hong Kong, one of the world’s freest economies, on Monday (19 March) to advocate open trade…

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

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

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…

OP: Shared Value: The word is out … but we need to shout louder

OP: Shared Value: The word is out … but we need to shout louder
Business

By Richard Welford, Chairman, CSR Asia To reach our goal of creating a better Hong Kong, we need more businesses on board. Hong Kong faces…

Empowered regulator to up Hong Kong’s accounting regulation standard

Empowered regulator to up Hong Kong’s accounting regulation standard
Governance

Hong Kong auditors are expected to be under greater scrutiny, as newly proposed legislation may see the Financial Reporting Council (FRC) gaining more power to…

Asian banks may be hit by new European rules

Asian banks may be hit by new European rules
Business

Hong Kong funds and brokers could take a hit from new European rules on how they execute and report their trades. The second Markets in…

London Grenfell Tower Fire Policy Reactions Lead to Anger and Preference Changes

    Pak Shuen Policy changes driving by the Grenfell Tower fire in London (UK) have implications for Hong Kongers looking at that market. Pak…

HK revamp regulations to attract big technology IPOs

HK revamp regulations to attract big technology IPOs
Regulation

Over the past decade, technology has been a sector in Hong Kong’s stock market that hasn’t attracted strong interest. In fact, technology firms only accounted…

Open Data Can Boost Vitality of the City

Open Data Can Boost Vitality of the City
Business

Dr. Winnie Tang Honorary Professor, Department of Computer Science, The University of Hong Kong Making more government datasets available could not only boost the economy…

SFC and ICAC raids on Enigma network companies spread; Lau says no “systemic effect”

SFC and ICAC raids on Enigma network companies spread; Lau says no “systemic effect”
Business

  The SFC and ICAC make rare joint raids and arrests follow. More to come as Webb’s Enigma network comes under fire. The world asks…

Open Data Can Boost Vitality of the City

Making more government datasets available could not only boost the economy. It may even save lives.

IMF calls for caution as ‘connect’ schemes move forward

IMF calls for caution as ‘connect’ schemes move forward
Business

Increasing links between Hong Kong and mainland China financial market could create more risks, risks that one global watchdog feels Hong Kong may not be…

HK regulator zeroes in on asset management sector

HK regulator zeroes in on asset management sector
Business

Hong Kong is following China’s lead in tightening its oversight of the asset management industry both as a way to facilitate the flow of money…

Al Gore on Hong Kong and sustainable investment: Clean up the damn environment!

Al Gore on Hong Kong and sustainable investment: Clean up the damn environment!
Business

The former US vice-president and Nobel Peace laureate takes the stage as he talks about the economic history of innovation and his thoughts on sustainable…