Hong Kong’s latest proposal to cap a transport subsidy for elderly commuters has sparked criticism from lawmakers, with one arguing the move may discourage older residents from taking up work.

The Hong Kong government’s proposed adjustment to the controversial HK$2 (25 US cents) transport subsidy scheme for the elderly will fail to tackle the deficit and instead alienate the ...

Labour and welfare minister Chris Sun on Saturday said changes to the HK$2 fare scheme could save the government about HK$680 million a year. As Financial Secretary Paul Chan announced in the ...

Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.

Lawmakers have mixed reactions towards the rumoured changes on the HK$2 fare concessionary scheme for the elderly. According to sources, officials are mulling to impose a cap of eight trips per ...

MANILA, Philippines — Two Filipinos in Hong Kong have been arrested after attempting to withdraw $10 billion from an HSBC branch using fake documents. Ramon Revillosa Jr., 68, and a woman ...

Party chairman Lo Kin-hei addressed reporters at a late night press conference on Tuesday The leaders of Hong Kong's Democratic Party have announced plans to dissolve what was once the city's ...

That year, I took a five-day trip to Hong Kong, and something about the city's energy and diversity drew me in. I decided I wanted to move there. So, at 23, I took the leap and moved to Hong Kong.

The leaders of Hong Kong's Democratic Party have announced plans to dissolve what was once the city's largest opposition group. Members will soon vote on the final decision on whether to shut down ...

(Bloomberg) — Chinese mainland investors bought HK$22.4 billion ($2.88 billion) worth of Hong Kong stocks on Tuesday, as they continued to drive a DeepSeek-spurred tech rally in the city.