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Hong Kong unemployment set to continue falling but 'hard times' are ahead, finance secretary says


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Hong Kong unemployment set to continue falling but ‘hard times’ are ahead, finance secretary says
Zoe Lowzoe.low@scmp.com
Jobless figures for April to June are poised to return to levels last seen in the first half of 2020, a senior minister says. Photo: Bloomberg
Hong Kong unemployment is expected to continue falling but the city is not yet out of the woods and wider Covid-19 vaccination uptake is needed to improve the economic outlook, the finance chief has said.
Financial Secretary Paul Chan Mo-po said on Sunday that jobless figures for April to June, to be announced on Tuesday, were set to return to the levels of more than a year ago, after dropping from a 7.2 per cent high at the beginning of 2021 to 6 per cent in May. ....

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Hong Kong exodus: Beijing is certainly not losing sleep over it


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Hong Kong exodus: Beijing is certainly not losing sleep over it
A view of the Hong Kong International Airport on June 30. Photo: Felix Wong
There are no numbers yet, but chances are, many of us know at least a family which has recently called it quits on Hong Kong. And for some of us, it might feel almost apocalyptic.
A few countries newly relaxed immigration policies for Hongkongers have encouraged many who might not have considered emigrating otherwise; they never felt they had the option to leave, and so quickly. Besides, the West s welcome mat may be temporary, so they d better move when they can. ....

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Hong Kong coronavirus: why not give out cash for actually doing something?


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Hong Kong coronavirus: why not give out cash for actually doing something?
Financial Secretary Paul Chan Mo-po speaks to the press on the Hong Kong government’s HK$10,000 cash handout for 2020, at the government headquarters on June 8 last year. Photo: Felix Wong
According to media reports, and as confirmed by Hong Kong government press releases, vaccine hesitancy is high and only 21 per cent of the Hong Kong population has been fully vaccinated.
In a public health move, the government announced that it will suspend passenger flights from the United Kingdom from July 1, due to rising cases of the Delta variant there. ....

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