Cannix Yau

2 weeks ago | scmp.com | Cannix Yau

Washington’s decision to impose reciprocal tariffs on Chinese goods could force Hong Kong manufacturers to cut jobs or even close down, as many businesses are set to struggle to navigate global trade frictions, analysts have warned.

2 weeks ago | scmp.com | Cannix Yau

Hong Kong flag carrier Cathay Pacific Airways has banned its pilots and cabin crew from carrying power banks on board flights while on duty amid safety concerns, the Post has learned, in a move aircrew decried as causing them significant inconvenience and a “double standard” compared to restrictions for passengers.

2 weeks ago | thestar.com.my | Cannix Yau

Hong Kong’s transport authorities will complete a review of tunnel tolls this year to establish appropriate fee levels, following years of multimillion-dollar losses, including a HK$52 million (US$6.68 million) deficit at the Shing Mun Tunnels. In a written reply to the Legislative Council on Wednesday, Secretary for Transport and Logistics Mable Chan said that the review was necessary because some tunnels had operated at a loss for years without toll adjustments, some for as long as 34 years.

2 weeks ago | scmp.com | Cannix Yau |Ambrose Li

Hong Kong should maintain its free trade port status, which is crucial to consolidating its position as a global financial hub, some economists and business leaders have said while calling for the city to avoid joining Beijing in imposing retaliatory tariffs on US goods. But Executive Council member and lawmaker Jeffrey Lam Kin-fung held an opposing view, saying Hong Kong should consider following Beijing by imposing a 34 per cent tariff on some US imports to show support for “our nation”.

2 weeks ago | scmp.com | Cannix Yau

Beijing’s point man on Hong Kong affairs is deeply concerned with how the city can enhance its offerings for visitors, the tourism chief has said while pledging to press on with rolling out new initiatives focused on local resources such as islands and coasts. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui made the pledge on Friday after presenting her work and future plans to Xia Baolong, director of the Hong Kong and Macau Affairs Office, and meeting other officials in Beijing.