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A consortium led by Gaw Capital Partners is seeking to refinance a HK$14.4 billion ($1.8 billion) loan backed by a number of Hong Kong shopping centers, according to people familiar with the matter, as a recovery in the city’s retail sales remains uneven.
The head of Hong Kong’s new drug regulatory body has pledged to build a fully capable and globally trusted agency that will become a catalyst for medical innovation rather than merely acting as a “miniature version” of existing overseas models. Dr Li Zili, controller of the Hong Kong Centre for Medical Products Regulation (CMPR), said that while many other places in Asia, such as mainland China, Singapore and Japan, had established regulatory agencies long ago, Hong Kong had a distinctive...
The latest rankings confirm what many in Hong Kong already know: the city’s universities are exceptional. Five institutions continue to sit among the world’s top 100, reflecting decades of investment, academic ambition and hard work. Yet behind the rankings triumph lies a question that receives far less attention: what happens to the people responsible for that success? As universities compete ever harder for rankings, grants and prestige, academics face growing pressure to produce results on...
Hong Kong’s civil service has long enjoyed a reputation for efficiency, professionalism and probity. It has also been a pillar of stability, particularly during the transition from British to Chinese rule. Outside the general and administrative grades, many civil servants spend much of their careers in relatively specialised areas of responsibility. This allows them to develop deep expertise and makes them dependable regulators and administrators. However, it can also make it harder to adapt...
Hong Kong schools handled an average of 496 bullying cases each academic year from 2022 to 2025 – a 32 per cent jump compared with the previous three years, according to the Education Bureau. A youth group attributed the increase to greater reporting driven by heightened mental health awareness, but also students struggling to distinguish playful jokes from bullying. According to the bureau, public primary and secondary schools recorded an average of 496 bullying cases each year between 2022 and...