Monday, December 18, 2017

Hong Kong domestic helpers’ false claims of language skills and work...

Domestic helpers’ false claims that they possess language skills or sought-after work experience have become a major concern for Hong Kong families, as employment agencies failed to verify their submitted information, the city’s consumer watchdog said on Thursday. Agencies should more carefully scrutinise maids’ background, the Consumer Council said, as lying about English and Cantonese…

Politics

Business

Smart city plan unveiled

Smart city plan unveiled

The Government today released the Smart City Blueprint for Hong Kong with a vision to build Hong Kong into a world-class smart city.   It maps out development plans for the next five years to enhance the effectiveness of city management and improve people's quality of living and Hong Kong's attractiveness and sustainability by making…
Germany’s Metro pulls plug on China convenience store business after less than two years

Germany’s Metro pulls plug on China convenience store business after less than two years

German retail and wholesale giant Metro AG, has closed all its convenience stores in China less than two years after setting them up, citing what it said were “drastic changes” in the business environment, including skyrocketing rents in major cities. Its four MyMart stores in Shanghai, which sold fresh and cooked food, as well as…
James Lau visits Eastern District

James Lau visits Eastern District

Secretary for Financial Services & the Treasury James Lau visited Eastern District today to inspect hawker stalls and startups.   Mr Lau first met Eastern District Councillors to discuss tax concessions to support the middle class and financial intermediaries for money lending.   He then visited hawkers on Kam Wa Street, Shau Kei Wan, to…
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Hong Kong’s opposition leaders only have themselves to blame

Hong Kong’s opposition leaders only have themselves to blame

The irony is hard to miss. The opposition is using protests, disruptions, quorum counts, filibustering and any and all delaying tactics it can come up with to stall changes to the rule book of the Legislative Council to restrict such tactics. The chaos we have just witnessed in the Legco chamber this week will only…
Chinese energy firm rents 100-truck convoy to help alleviate gas shortages

Chinese energy firm rents 100-truck convoy to help alleviate gas shortages

China oil and gas major CNOOC has rented a convoy of 100 trucks to ship liquefied natural gas (LNG) the length of the country to wintry northern regions in the latest unusual and costly move to ease a deepening fuel crisis. The trucks, kitted out to transport 20 tonnes apiece of super-chilled gas, are travelling…
Beijing to set out Hong Kong’s role in China’s global trade strategy during Carrie Lam visit

Beijing to set out Hong Kong’s role in China’s global trade strategy during Carrie...

Beijing will set out Hong Kong’s role in Chinese President Xi Jinping’s “belt and road” global trade strategy in an agreement to be signed this week between the country’s “super ministry” and the city’s leader, it was revealed on Saturday. The office of Hong Kong Chief Executive Carrie Lam Cheng Yuet-ngor said she would be…
Hong Kong extends commuter subsidies to more types of public transport, costing government HK$2.3 billion a year

Hong Kong extends commuter subsidies to more types of public transport, costing government HK$2.3...

A proposed commuter fare subsidy scheme has been expanded to cater to residents of remote areas not covered by mainstream public transport in Hong Kong. More than 2.2 million commuters would benefit from the revised scheme as early as 2019, with subsidies costing the government HK$2.3 billion (US$295 million) each year. Authorities also rejected calls…

Diplomacy & Defence

South Korea accuses Chinese military planes of breaching its air defence zone

South Korea accuses Chinese military planes of breaching its air defence zone

South Korea said five Chinese military planes entered its air defence identification zone on Monday. The incident followed South Korea President Moon Jae-in’s first state visit to China over the weekend, during which Beijing and Seoul promised to enhance bilateral ties. South Korea Joint Chiefs of Staff said the Chinese planes were detected travelling from…
As tensions ease, China keeps building on disputed islands

As tensions ease, China keeps building on disputed islands

Tensions over China’s island building in the South China Sea may have eased in the past year, but Beijing has kept busy. New satellite imagery shows China has built infrastructure covering 28 hectares in the Spratly and Paracel Islands during 2017 to equip its larger outposts to be air and naval bases. The Washington-based Asia…
US, EU, Japan slam unfair trade practices in veiled swipe at China

US, EU, Japan slam unfair trade practices in veiled swipe at China

The United States, the European Union and Japan vowed on Tuesday to work together to fight market-distorting trade practices and policies that have fuelled excess production capacity, naming several key features of China’s economic system. In a joint statement that did not single out China or any other country, the three economic powers said they…