Hong Kong News

Economy

Hong Kong to cut stock trade stamp duty to 0.1%, half home purchase tax to 7.5%

In his annual policy blueprint on Wednesday, Chief Executive John Lee said stamp duty would be halved to 7.5% from 15% for second home buyers and non-citizen buyers with immediate effect.

1 min read25 Oct 2023
News

How to get a free flight to Hong Kong in 500,000 airline ticket giveaway

In a bid to attract visitors and boost its economy, Hong Kong will begin giving away 500,000 airline tickets from Wednesday for free to tourists

3 min read1 Mar 2023
News

Hong Kong eases entry rules for vaccinated residents, tourists

Vaccinated visitors from countries now categorized as 'medium-risk - which includes the US and Canada- will be able to come to the city for the first time since the pandemic started

2 min read3 Aug 2021
News

Infants among hundreds in Hong Kong quarantine as outbreak grows

The measure was taken after the children attended a music playgroup last week, and a parent was later confirmed positive for the coronavirusHong Kong requires all who have had close contact with infected persons to enter mandatory isolation for a period up to two weeks

3 min read14 Mar 2021
News

Hong Kong to close schools amid virus surge

The government on Sunday also announced that classes at kindergarten, primary and secondary schools will be shut for the rest of the yearHong Kong has reported 6,239 coronavirus infections since the pandemic began, with 109 deaths

1 min read29 Nov 2020
News

Hong Kong ousts four legislators in blow to pro-democracy opposition

The four assembly members had previously been disqualified from running for re-electionChina denies curbing rights and freedoms in the global financial hub but authorities in Hong Kong and Beijing have moved swiftly to stifle dissent after anti-government protests

3 min read11 Nov 2020
News

Hong Kong eases social-distancing measures after number of infections decline

Starting Friday, tourists will be required to wear masks throughout their trip and the transport they use can only be 50 percent fullAll other social distancing measures will continue to be in effect for another week at least

2 min read20 Oct 2020
News

Hong Kong bars Air India, Vistara flights till 30 Oct after passengers test Covid positive

Moreover, all international passengers are required to undergo a post-flight COVID-19 test at the Hong Kong airport

2 min read17 Oct 2020
News

How walkable is your city? London, Hong Kong put pedestrians first

The cities of Paris, London, Bogota and Hong Kong are among the most walkable in the world

2 min read15 Oct 2020
Companies

How the world’s most expensive skyscraper deal turned sour

After initially making quick profits flipping floors in the 73-story tower ‘The Center’, the combination of anti-government protests, the coronavirus pandemic and escalating US-China tensions has seen vacancies surge, rents drop and dealmaking dry up

5 min read30 Sep 2020
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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