Space constraint in Hong Kong is something that everyone in the world is familiar with. Due to limitations in terms of expansion, every square-foot is valued even more than gold. In terms of operating a business in Hong Kong, the challenges multiply due to several factors. There are more than 15,000 restaurants, bars and cafes […]Read More
COVID-19 has taken a toll on the world. To prevent widespread, several measures were taken. From social distancing measures to curfews to lockdowns, global cities faced the wrath of the pandemic. In order to save the weakening economy, many countries implemented fiscal policies to relieve the unemployed and endangered enterprises. Interest rates were lowered and […]Read More
Before the outbreak of COVID-19, the disparity between the wealth of the rich and the poor was so vast that research studies concluded that the richest 1% in the world has funds equivalent to that of the rest of the world. Post the pandemic, when millions have been stranded and unemployment has seen an unprecedented […]Read More
The economic shock that the world is experiencing right now represents the huge economic damage done by the COVID-19 pandemic that has spread with an alarming speed worldwide. Not surprising is the fact that coronavirus has now turned into a black swan event – a term used to describe an unpredictable and unexpected event with […]Read More
At a tender age of 15, when most students find excuses to escape school, Arhan Chhabra is not only in love with the idea of education but is also making a significant contribution in the field. The Hong Kong-born prodigy, who is currently studying at Hotchkiss School in Lakeville, USA, has created not one but […]Read More
With millions of lives impacted due to COVID-19 pandemic, countries around the world are trying to strengthen their health system, create awareness and increase medical facilities while trying to keep their economies afloat. From developed countries to developing, the struggle for survival has taken a toll on everyone. With no vaccine in sight, it is […]Read More
Recently, the National People’s Congress of China (NPC) held its Third Plenary session from May 22 to 28 in Beijing. At the same time, the Chinese People’s Political Consultative Conference (CPPCC) was also conducted as part of the annual Two Sessions. China’s NPC, in the above-mentioned meeting, endorsed a resolution for a New National Security Law for Hong Kong; outlawing acts […]Read More
Charity begins at home, they say. But for entrepreneur Gora Dhillon, Hong Kong, in its entirety is his home. As an ideal citizen, he has contributed to the society time and again, inspiring others to do the same. The owner of the grocery chain, StarMart, distributed as many as 200,000 masks for free to Hongkongers in […]Read More
If we look at the present-day scenario of the very designs of the economies of the world irrespective of developed, developing or emerging countries, and their respective principles — we can see that we have reached an unjust, unsustainable, and extreme point. At the end of 2019, the total global wealth reached a staggering USD […]Read More
Any country's growth is estimated from the financial budget allocated to various sectors. With the protests and the widespread flu, the economic growth of both Hong Kong and India has suffered of late. To sustain the economy, both the governments provided some relaxations in the fiscal budget. Here are some key pointers. Read More