Sunday, August 19, 2018

Trump aims sanctions at Iran … Hong Kong bank customers get hit

Trump aims sanctions at Iran … Hong Kong bank customers get hit

Chandran Nair, the founder of the Global Institute for Tomorrow, was seeking answers when four Standard Chartered senior bank officers strode into his Hong Kong office in Taikoo Shing. Nair, from Malaysia, whose think tank deals mainly in executive education, wanted to know why his company account was frozen, and then, seemingly out of the…
Farmland owners willing to pay full premium for chance to redevelop sites, key member of powerful Hong Kong rural body Heung Yee Kuk says

Farmland owners willing to pay full premium for chance to redevelop sites, key member...

A key member of a powerful rural body in Hong Kong says villagers are willing to pay full land premium if they are allowed to develop their agricultural sites, adding half can be designated for building public housing. Tony Chan Tung-ngok, an executive committee member of the Heung Yee Kuk, which looks after the interests…
How Britain’s post-war debt turned a small US outpost in Hong Kong into a staging area for its cold war operations in Asia

How Britain’s post-war debt turned a small US outpost in Hong Kong into a...

The diplomatic negotiations between the American and Hong Kong governments which eventually led to the US consulate’s highly unusual 999-year lease in a prime city location actually began in 1946, unclassified British government documents obtained by the Post show. That was three years before the Communist Party established the People’s Republic of China, and a…
Hong Kong’s commercial landlords poised for bonanza from China’s vaccine safety woes as parents flock south for jabs

Hong Kong’s commercial landlords poised for bonanza from China’s vaccine safety woes as parents...

Angela Young had the shock of her life when China’s drugs regulator revealed that the company which produced the two vaccine shots for her 16-month-old baby also supplied 400,520 doses of substandard DPT combination vaccines to children elsewhere in the country. Alarmed, the Beijing legal clerk consulted two agencies that specialised in arranging offshore health…
Tax cuts could draw IT talent to work in Greater Bay Area meant to rival Silicon Valley, Hong Kong minister says

Tax cuts could draw IT talent to work in Greater Bay Area meant to...

Tax incentives could be considered to entice talent in the innovation and technology sector to work in the “Greater Bay Area”, a region expected to rival Silicon Valley, a Hong Kong minister said on Saturday. Yet Secretary for Constitutional and Mainland Affairs Patrick Nip Tak-kuen said it would be difficult to exempt Hongkongers working in…
Artist stays overnight at three Hong Kong McDonald’s outlets for more than a year, learns of community and ‘being safe’

Artist stays overnight at three Hong Kong McDonald’s outlets for more than a year,...

For more than a year, artist Ma Yujiang, 30, spent his nights in 24-hour McDonald’s outlets in Hong Kong. On average he saw about 15 regular McSleepers frequenting each of the three branches he visited. And he fondly recalls preferring to spend the night with strangers rather than going back to his lonely home. “It’s…
Macau: the incredible poverty at the heart of world’s richest place

Macau: the incredible poverty at the heart of world’s richest place

When the clock strikes 4pm, Hoi Sao-sou takes off her black uniform, grabs her shopping bag and rushes through the staff door of one of the major casinos in Macau, a former Portuguese colony on the southern tip of China. Even though she’s been on her feet for most of her shift that starts at…
Young professionals are leaving Hong Kong in droves in search of better lives where family, friends, and fun comes first

Young professionals are leaving Hong Kong in droves in search of better lives where...

Hongkonger Lau Yuet-tan, 26, chose Iceland, when she decided to emigrate two years ago. She moved from the crowded streets, packed trains and tiny flats of city life to the Nordic island nation of glaciers, dramatic coastal landscapes and a population of a little more than 330,000. “The whole environment here is almost opposite to…
Couplers used at terminal of Hong Kong’s high-speed rail to mainland China substandard, government admits

Couplers used at terminal of Hong Kong’s high-speed rail to mainland China substandard, government...

Substandard metal couplers were used in the construction of the cross-border express rail line’s Hong Kong terminal, the government confirmed on Friday. The Buildings Department said that structural safety at the West Kowloon terminal was not affected, and that there was “no serious violation” of the law, although building was suspended for four months in…
Couplers used at terminal of Hong Kong’s high-speed rail to mainland China are substandard, government admits

Couplers used at terminal of Hong Kong’s high-speed rail to mainland China are substandard,...

Substandard metal couplers were used in the construction of the cross-border express rail line’s Hong Kong terminal, the government confirmed on Friday. The Buildings Department said that structural safety at the West Kowloon terminal was not affected, and that there was “no serious violation” of the law, although building was suspended for four months in…
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