Hong Kong’s MTR Corp exploring new business model to meet HK$165 billion commitment – reports
Citing an MTRC source, multiple outlets reported on Friday that the railway giant was seeking new income sources beyond its “rail-plus-property” business model, given the struggling property market.
Founder of Hong Kong online historical archive Gwulo recognised by UK gov’t for ‘heritage preservation’
Sharing the news on Gwulo’s website, David Bellis said the award was a “lovely surprise” to start his new year of 2025.
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Lack of public housing top concern for underprivileged Hong Kong children for 15 years, NGOs say
Hong Kong had around 215,000 children under the age of 18 living in poverty last year – meaning one in five children in the city – according to a report released on Wednesday.
Hong Kong will have around 80,000 ‘acceptable basic housing units’ after eradicating subpar homes, official says
Around 30 per cent of the roughly 110,000 subdivided units in Hong Kong had poor living conditions and were “targeted for eradication,” Secretary for Housing Winnie Ho wrote in an op-ed.
Hong Kong redevelopment body signs HK$13 billion bank loan amid deficit
The redevelopment body has been in the red for two years in a row, posting a HK$3.9 billion deficit in the 2023-24 fiscal year and a HK$3.5 billion deficit in 2022-23.
Hong Kong taxi driver arrested after 3 die in New Year’s Day crash
Police said on Wednesday that the accident occurred on the West Kowloon Highway near the Olympic MTR station at 1.44 am on Wednesday after the taxi hit a private vehicle, causing it to lose control.
Opinion
Have Hong Kong’s political appointments become a failed effort to meet discarded objectives?
“Since we no longer aspire to political pluralism, the idea of a politically neutral civil service has become meaningless,” writes Tim Hamlett.
Hong Kong gov’t has no business in show business – especially when times are tight
“The government’s role in fostering mega events should be confined to ensuring there are suitable venues for them,” writes Tim Hamlett. “The relevant industries will produce a steady flow of… opportunities to buy expensive items or to watch Lionel Messi watch a football match.”
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HKFP FEATURES, EXPLAINERS, LONG READS
Hong Kong’s taxi industry at a turning point: Can new regulations bring free-wheeling sector back on track?
Between complaints about drivers refusing to cross the harbour, and vehicles so old some say they are “falling apart,” Hong Kong’s taxis have a bad name among locals and tourists alike. The government is working to change that, but drivers say they’re only cautiously optimistic.
How tiny ‘Village Vehicles,’ which cost HK$1 million to own, keep Hong Kong’s outlying Lamma Island moving
With cars and conventional trucks banned on some of Hong Kong’s sleepy outlying islands, tiny Village Vehicles – or VVs – are essential to keeping their economies chugging. Handmade locally, often with salvaged Toyota parts, it costs HK$1 million to own one.
Heritage under threat: The Hong Kong fish farmers set to lose their way of life to the Northern Metropolis development
As part of the Northern Metropolis project, fish ponds in San Tin will be filled to make way for construction within the next five years. For Lai Kam-dai and her husband Chan, that will also mean the loss of their home of almost 40 years, in which they raised their children.
interviews
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HKFP Venture
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HKFP YUM CHA PODCAST
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