hongkong
Hong Kong has ranked fifth in the 2024 World Competitiveness Ranking, an index produced by the business school International Institute for Management Development (IMD), while Singapore has reclaimed the top spot for the first time since 2020. Announced on Tuesday, the index has been evaluating the competitiveness of global economies annually for 30 years based on four main factors: economic performance, government efficiency, business efficiency, and infrastructure. Hong Kong used to have a place within the top three but its ranking has fallen since 2020. It ranked fifth in 2022 and seventh in...
Hong Kong Free Press
Seventeen people have received jail sentences ranging from one year and eight months to five years and 10 months after they were convicted over dramatic rope escapes from a besieged Hong Kong university during the 2019 protests. District Judge Lily Wong on Tuesday meted out prison terms to 17 people who were involved in daring attempts to flee the Hong Kong Polytechnic University (PolyU) in mid-November 2019. Dozens of protesters shimmied down ropes from a footbridge to flee the campus in Hung Hom, which was surrounded by the police amid violent clashes between protesters and officers. Some pe...
Hong Kong Free Press
The Hong Kong government will observe the outcome of major electoral overhauls before considering direct voting to elect the city’s leader or legislature, an official in charge of constitutional affairs has said. Universal suffrage, or the direct elections of Hong Kong’s chief executive and Legislative Council, has been a key demand for the city’s pro-democracy movement, with activists calling for the right to choose their leader and lawmakers in large-scale protests in 2014 and 2019. Such calls, however, have been muted since Beijing imposed a national security law in 2020 to quell dissent. M...
Hong Kong Free Press
Hong Kong’s tourist figures have continued to lag below pre-pandemic levels, with May’s 3.4 million provisional visitor arrivals just 57 per cent of the 5.9 million recorded in May 2019. Since fully reopening its borders last February after three years of Covid-related isolation, Hong Kong’s tourism recovery has been led by visitors from mainland China. In May, 2.6 million arrivals came from north of the border, accounting for 77 per cent of the month’s total, according to data released by the Hong Kong Tourism Board (HKTB) on Monday. Other markets have been slower to rebound, in part because ...
Hong Kong Free Press
A government taskforce behind the fast-tracked legislation of Hong Kong’s homegrown security law will receive an award for completing the “historical mission,” Chief Executive John Lee has said. Hong Kong passed the Safeguarding National Security Ordinance, known locally as Article 23, in March, weeks after it was introduced to the public with a one-month consultation period. During a regular press briefing on Tuesday, Lee said the special taskforce behind the legislation, which consisted of the Department of Justice, the Security Bureau, and the police, would be awarded for their “heroic work...
Hong Kong Free Press
Hong Kong will no longer halt stock trading during severe weather, Chief Executive John Lee has announced. When the Observatory issues the Typhoon Signal number 8 or above, or a black rain warning, investors will still be able to trade in securities and derivatives, or purchase stock through stock connect schemes, Lee announced during a routine press briefing on Tuesday morning. “The securities market will maintain trading under severe weather conditions. In August last year, the Hong Kong government established a task force on promoting stock market liquidity in order to enhance stock market ...
Hong Kong Free Press
Hongkongers’ trust in the news has “increased substantially,” rising to 55 per cent of those surveyed for an annual study of news consumption habits in 47 countries and territories – the highest since the city was first examined in 2017. The rise in Hongkongers’ trust in the news coincided with an increase in trust across news organisations featured in the study, including newspapers, broadcasters, and digital outlets, according to a report released on Monday by the Reuters Institute for the Study of Journalism. “Trust in the news has increased substantially from 39 per cent [in 2023] to 55 pe...
Hong Kong Free Press
The public housing unit occupied by the mother of wanted self-exiled activist Nathan Law has been reclaimed by the Hong Kong government. Citing sources, local media outlets reported on Sunday that Law’s mother had been evicted from the subsidised housing unit she rented in Yat Tung estate. Responding to enquiries from HKFP, the Housing Department confirmed on Monday that the unit had been surrendered in June. “According to the records, the unit had earlier fallen into rent arrears, violating the tenancy agreement,” the department said in an emailed Chinese response. “Therefore, our department ...
Hong Kong Free Press
Two people have been arrested in connection with three cases of alleged baggage theft at Hong Kong International Airport. The stolen goods, including luxury clothing and jewellery pieces, were valued at more than HK$1.1 million. Hong Kong police arrested one man and one woman, both aged 23, on Saturday on suspicion of stealing suitcases from the baggage claim hall of the city’s airport earlier this month. Police investigation found that the pair had allegedly committed a similar theft back in February. Acting chief inspector Leung Hiu-man said on Monday that the Force had launched an investiga...
Hong Kong Free Press
Travellers using Hong Kong’s airport have been advised to check the latest flight information amid possible delays after a cargo plane burst a tyre when making an emergency return on Monday morning, leaving one of the airport’s two runways out of operation. “At about 7.30 am, a cargo plane that had to make an emergency return burst a tyre upon landing. The plane is now on the north runway, which is expected to be out of service for the next few hours,” an spokesperson from the Airport Authority said in a Chinese statement on Monday morning. “The airport will operate on a single runway and flig...
Hong Kong Free Press
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