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Hong Kong Economy

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A coffin displayed as part of the “Ancient Egypt Unveiled: Treasures from Egyptian Museums” at the Hong Kong Palace Museum. Photo: Sam Tsang
Hong Kong economy

Hong Kong Palace Museum says Egyptian exhibition will be most profitable show yet

About 700,000 people expected to visit display over nine-month run, director Louis Ng says.

Hong Kong economy

Hong Kong to become Asia’s leading aircraft recycling hub, John Lee vows

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Hong Kong transport

Elior Group begins training workers for Hong Kong aircraft disassembly industry

Hong Kong property

Kai Tak Stadium lifts Hong Kong’s status as major sports and entertainment venue

The 50,000-seat stadium drives repeat tourism, supports retailers and helps prop up retail property landlords, experts say.

An aerial view of Kai Tak Stadium. Photo: Eugene Lee
An aerial view of Kai Tak Stadium. Photo: Eugene Lee
Hong Kong economy

Hong Kong launches consultation for 2026 budget focusing on economic growth

Finance chief says he will engage with public and ‘draw on collective wisdom’ while making sure coming budget aligns with five-year plan.

Hong Kong economy

Hong Kong jobless rate unchanged at 3.8% on back of ‘solid’ economic expansion

Improving consumer confidence, economic growth supporting overall market but some sectors may remain under pressure, labour chief says.

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Hong Kong economy

31% of Hong Kong firms to boost hiring next quarter but AI threatens junior jobs

Artificial intelligence could take over junior roles in professional, scientific and technical services, which has net employment outlook of minus 15 per cent.

The survey also found that salaries were expected to rise by 2.7 per cent in 2026. Photo: Sun Yeung
The survey also found that salaries were expected to rise by 2.7 per cent in 2026. Photo: Sun Yeung
Hong Kong property

Hong Kong shipping baron’s nephew buys US$9.6 million flat in Repulse Bay

An entity linked to Raymond Pao, a nephew of the late Y.K. Pao, acquired the 2,491 sq ft, four-bedroom flat in Grand Garden on December 8.

Hong Kong economy

Hong Kong’s Kai Tak Stadium ranks world’s No 3 in ticket sales in debut year

Venue’s ranking, just nine months after debut, cements city’s status as Asia’s events capital, operator says.

Consumer protection in Hong Kong

Hong Kong consumer watchdog finds 1 in 4 face washes fall short on ingredients

Consumers urged to try a small portion on skin beforehand as a precaution when using cleansers that are highly acidic.

Consumer Council CEO Alaina Shum (left) and Kenneth Chan hold a press conference at the council’s office in North Point. Photo: Jelly Tse
Hong Kong tourism

Hong Kong records 17% rise in November visitors as numbers near full-year target

City nears 49 million target, with 45.2 million visitors so far as mega-events and new venues draw tourists from mainland China and beyond.

Mega events and new venues have helped power Hong Kong’s tourism recovery. Photo: Karma Lo
Mega events and new venues have helped power Hong Kong’s tourism recovery. Photo: Karma Lo
Hong Kong economy

Hong Kong businesses prepare for scaled-down Christmas celebrations after fire

Restaurants and retailers are gearing up for season in way that takes into account grief of residents after blaze, Lan Kwai Fong’s Allan Zeman says.

Hong Kong property

With luxury absent, new entrants steady Hong Kong retail property

Newcomers from across Asia and Europe take advantage of cheaper rents while big-ticket brands delay major commitments.

Hong Kong economy

Hong Kong aims to launch passenger-carrying drones in 2 to 3 years

Dominic Chow, deputy director general of civil aviation, outlines road map at Beijing conference, says costs will be much lower than helicopter services.

A pilotless passenger-carrying aerial vehicle from Chinese passenger drone maker EHang. Photo: Xinhua
Hong Kong economy

Speed up innovation, create jobs key facets of next Hong Kong budget: Paul Chan

Finance chief says public consultation for next budget will start soon and he ‘looks forward’ to ideas from residents.

Hong Kong’s finance chief has also pointed to positive investor sentiment after several entities recently bought and leased commercial properties in the city. Photo: Dickson Lee
Hong Kong’s finance chief has also pointed to positive investor sentiment after several entities recently bought and leased commercial properties in the city. Photo: Dickson Lee
Hong Kong’s Tai Po fire tragedy

Destroyed homes, cancelled events: Hong Kong counts economic cost of Tai Po fire

Wang Fuk Court flats that went up in flames worth about HK$5 billion, while losses from cancelled mega-events, banquets are likely to rise.

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Hong Kong economy

Hong Kong launches professional services platform for mainland Chinese companies

Platform to help match local providers with companies from over border seeking to expand overseas, Deputy Secretary for Justice Horace Cheung says.

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Hong Kong economy

Hong Kong expo vendors expect 20% sales boost amid bigger crowds, good weather

Vendors at the Hong Kong Brands and Products Expo express optimism at the 24-day fair’s opening at Victoria Park in Causeway Bay.

Shoppers on the first day of the 59th edition of the Hong Kong Brands and Products Expo at Victoria Park. Photo: Edmond So
Shoppers on the first day of the 59th edition of the Hong Kong Brands and Products Expo at Victoria Park. Photo: Edmond So
Hong Kong property

Yau Tong project nearly sells out amid hopes of home market recovery in 2026

The flats at One Park Place were in high demand after developers Sino Land, CSI Properties and MTR offered discounts of up to 15 per cent.

Hong Kong

McDonald’s Hong Kong named Company of the Year at SCMP Live’s Business Awards

The restaurant chain’s CEO Randy Lai and chairman Zhang Yichen received the award from SCMP’s CEO Catherine So at an event on Friday.

Hong Kong politics

Hong Kong to host Apec finance ministers’ meeting in October 2026

Central authorities also reveal dates for Apec economic leaders’ meeting in Shenzhen next year, while Macau set to hold tourism ministers’ event.

Hong Kong will hold the Apec finance ministers’ meeting in November next year, the Post has learned. Photo: Sun Yeung
Hong Kong property

Exclusive | Rosewood hotel brand of Hong Kong’s Chow Tai Fook is not for sale, sources say

The prestige brand has delivered ‘exceptional’ results, sources say, while suggesting that certain properties might be available.

The Rosewood Hotel in Tsim Sha Tsui, Hong Kong. Photo: Shutterstock
The Rosewood Hotel in Tsim Sha Tsui, Hong Kong. Photo: Shutterstock
Hong Kong economy

More Hong Kong firms upbeat on economic outlook as Trump tariff worries ease

Positive sentiment marks a sharp rebound from last year, when fewer than one in five companies in an annual survey expressed optimism.

Hong Kong economy

Hong Kong’s M+ museum to showcase Zao Wou-Ki’s mastery in printmaking

Exhibition of late artist’s work brings the second of mainland China’s ‘Three Musketeers’ of modern art to the city, alongside Wu Guanzhong.

Hong Kong property

Hong Kong’s Hang Seng University joins property rush with US$11.6 million deal

Acquisition of office units in Sha Tin’s Metropole Square follows Metropolitan University’s US$334 million purchase of Hung Hom property.

Hang Seng University is the latest school to purchase property amid a government push to turn the city into a global education hub. Photo: Jelly Tse
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