‘Axis of obstruction’ stalls progress with poor and middle-income countries reluctant to quit fossil fuels despite peril
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EU leads isolated group of countries pushing for global climate action
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Baby boom or bust: Trip.com co-founder launches HK$500 million birth-rate fund
James Liang, co-founder of Chinese online travel giant Trip.com Group, has launched a HK$500 million (US$64.23 million) foundation in Hong Kong to tackle China’s deepening fertility crisis. Citing Hong Kong’s unique advantages as a global hub that facilitates the exchange of international expertise, he said the city was the ideal springboard for tackling China’s mounting demographic pressures. “The challenge of low fertility rates faced by Hong Kong society is highly representative, and the… Source link
Hong Kong construction, catering sectors pessimistic despite dip in unemployment
Hong Kong’s construction and catering sectors remain pessimistic about their recovery, despite a decline in unemployment rates, citing a lack of new private development projects and unattractive wages for junior positions in the food and beverage industry. Two industry representatives made the remarks on Thursday, after the government announced the latest unemployment figure of 3.8 per cent for the past three months, the first drop since mid-2023. The latest rate is 0.1 percentage points lower… Source link
Directors’ Deals: Rose and Jansen back WPP’s turnaround plans
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