logo
Hong Kong has to improve experience of visitors as events list grows

Hong Kong has to improve experience of visitors as events list grows

Rightly or wrongly, Hong Kong is often compared with Shanghai or Singapore in various ways.
From attracting foreign capital and talents to staging mega-concerts and events, the three places are seen as competing against each other.
But while rivalry has become unavoidable on the global stage these days, Hong Kong certainly has its own unique strengths and appeal.
Concerns have been raised as big names such as Taylor Swift and Lady Gaga bypassed Hong Kong for performances in Singapore and elsewhere.
Separately, Shanghai has no fewer than 178 sporting events and other attractions lined up this year as part of an economic revival strategy similar to that of Hong Kong.
The mainland metropolis staged two concerts by American diva Mariah Carey last week and will welcome renowned singer Katy Perry in November.
With many regional counterparts also proactively promoting the mega-events economy, standing still means losing out. Hong Kong is therefore right in staging more events to stimulate the economy and consolidate its status as Asia's events capital.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Still ‘over'? Stephen Roach says Hong Kong a surprise winner in US-China rivalry
Still ‘over'? Stephen Roach says Hong Kong a surprise winner in US-China rivalry

South China Morning Post

timean hour ago

  • South China Morning Post

Still ‘over'? Stephen Roach says Hong Kong a surprise winner in US-China rivalry

American economist Stephen Roach has said that Hong Kong has benefited from the US-China trade war despite last year having declared the city to be 'over', even as he claimed that other aspects of the financial hub had worsened. The former Morgan Stanley Asia chairman sparked debate last year after he penned an opinion piece which argued, in part, that Hong Kong would be caught in the 'crossfire' of the worsening US-China rivalry. 'The word caught is the word that, if I had to write the piece again, I would probably change, because I think, ironically, Hong Kong has benefited from the crossfire between the US and China,' he told the Post in a recent interview. Despite worsening ties between the two superpowers since US President Donald Trump began levying his so-called reciprocal tariffs on China and the rest of the world, Hong Kong's stock market has seen solid gains. The benchmark Hang Seng Index is up by around 50 per cent since Roach made his original claim, while Hong Kong has rocketed to the top of global fundraising table following a string of high-profile initial public offerings last month, including from mainland Chinese battery maker Contemporary Amperex Technology. Roach, who is now a faculty member at Yale University, said the 'sell America' trade had become a 'global mantra' and Hong Kong was a beneficiary.

Singapore clinic's US$40,000 monthly rent sparks debate on healthcare, rental costs
Singapore clinic's US$40,000 monthly rent sparks debate on healthcare, rental costs

South China Morning Post

time5 hours ago

  • South China Morning Post

Singapore clinic's US$40,000 monthly rent sparks debate on healthcare, rental costs

A healthcare firm clarified that its record high rental bid of more than S$52,000 (US$40,300) per month for a clinic space in a Singapore public housing estate was driven by the location's appeal, sparking public debate over rental and healthcare costs. Advertisement Andrew Chim, co-owner of I-Health Medical Holdings, explained that the unit in Tampines – which has a monthly rent of S$52,188 – is located in an area where five Build-To-Order public housing estates are being developed, which will accommodate around 5,000 households. Additionally, there are plans for future developments, including a shopping centre. Chim, 37, told the government-owned The Straits Times on Tuesday that these factors made the space the most appealing option among recent public housing units for general practitioner clinics. He said consultation fees would still be comparable with clinics in similar estates, ranging from S$30 to S$35, and expects the clinic to make a profit in 1½ to 2 years. Tampines is Singapore's most populous public housing estate, with more than 240,000 residents as of March 2024, according to government data. A I-Health Medical Clinic in Singapore. Photo: Handout I-Health won the tender to operate the 50 square metre (538 square feet) ground-floor unit in March this year after bidding closed in January.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store