Hong Kong leader says firms must strive to survive despite government support

South China Morning Post - Sep 19, 2026

Hong Kong’s leader has defended measures in his policy address to boost the economy and improve livelihoods, stressing that businesses must also do their part to remain competitive and survive, even with government aid. Chief Executive John Lee Ka-chiu said on Saturday that the livelihood section was the longest and broadest in scope in his policy address when asked about residents who had yet to benefit from the government’s economic policies. “You need to develop the economy first to have the...

Read full article

More News

Korea, US vow to strengthen cooperation to accelerate wartime OPCON transition in defense talks

Korea, US vow to strengthen cooperation to accelerate wartime OPCON transition in defense talks

Korea and the United States pledged to reinforce cooperation to accelerate the transition of wartime operational control (OPCON) to Seoul from Washington during their senior-level defense talks this week, a joint statement said Friday. The allies held the 29th Korea-U.S. Integrated Defense Dialogue (KIDD) in Korea's southeastern city of Busan from Wednesday to Friday, as President Lee Jae Myung's administration seeks to retake wartime OPCON before the end of its term in 2030. "Both sides evaluated the work to modernize the alliance in the face of an evolving security environment," they said in the statement. "They also assessed progress on the Conditions-based Wartime Operational Control Transition Plan, and pledged to strengthen cooperation to accelerate the transition of wartime OPCON," they added. Seoul and Washington have been working on the conditions-based OPCON transfer since they agreed on it in October 2014. The conditions include Korea's capabilities to lead combined Korea-U.S. forces, its strike and air defense capabilities, and a regional security environment conducive to suc

'The Scandal': Netflix's take on uniquely Korean story raises expectations

'The Scandal': Netflix's take on uniquely Korean story raises expectations

The 2003 film "Untold Scandal" is being reborn as a Netflix series. The new production goes beyond a simple remake, reinterpreting the original story from a contemporary perspective. Released on Netflix on Friday, "The Scandal" follows Lady Jo, a woman of exceptional talent who finds life in the Joseon era too confining, and Jo-won, Joseon’s most notorious womanizer, as they engage in a provocative and dangerous wager over love. The story also centers on Hee-yeon, a woman who becomes entangled in their bet. The French writer Pierre Choderlos de Laclos’ novel "Les Liaisons dangereuses," which was adapted into the 2003 film "Untold Scandal" by relocating the story to the Joseon era, is once again being brought to the screen. The film, starring Bae Yong-joon, Lee Mi-sook and Jeon Do-yeon, drew widespread attention and attracted 4.15 million moviegoers despite receiving an adults-only rating. This time, Son Ye-jin, Ji Chang-wook and Nana take on the roles of Lady Jo, Jo-won and Hee-yeon, respectively. One of the most notable aspects of the new production is its “new interpretation of

Lee considering creation of dedicated body for youth policies

Lee considering creation of dedicated body for youth policies

President Lee Jae Myung said Saturday he is considering establishing a dedicated organization to oversee youth policies. Lee raised the idea during a ceremony to mark Youth Day at the presidential office, noting the difficulties faced by young people in the job market. "With the capabilities of current policymakers, it is difficult to emerge from this emergency situation," he said. "Opportunities for the new generation are decreasing with growing polarization and industrial restructuring due to artificial intelligence." Young job seekers have faced an increasingly tough market, with the employment rate for those aged 20 to 24 at 41.3 percent in the second quarter, compared with the 2025 average of 43.6 percent, according to government data.

Incheon airport braces for record foreign arrivals, with up to 60,000 expected per day

Incheon airport braces for record foreign arrivals, with up to 60,000 expected per day

More than 50,000 foreign nationals are expected to enter Korea through Incheon International Airport each day from Sept. 30 to Oct. 3, around China's National Day holiday on Oct. 1, prompting immigration authorities to activate emergency measures. According to the Incheon Airport Immigration Office under the Ministry of Justice, Thursday, between 198,000 and 220,000 foreign nationals are expected to enter the country through Incheon International Airport over the four-day period. That translates to an average of 49,500 to 55,000 arrivals per day, well above the daily average of 45,640 recorded from Sept. 30 to Oct. 4 last year. The number of foreign arrivals is expected to reach as many as 60,000 on Oct. 2, ahead of the weekend. That would slightly exceed this year's record high of 59,000 foreign arrivals in a single day. In response, the Incheon Airport Immigration Office will implement emergency measures for four days starting Sept. 30. The number of immigration officers assigned to arrival halls will be increased to 188, up from 128 during normal operations and 166 during special mea

Son Ye-jin reveals why she covers husband Hyun Bin's face with stickers

Son Ye-jin reveals why she covers husband Hyun Bin's face with stickers

Actress Son Ye-jin has revealed why she covers her husband Hyun Bin’s face with stickers when sharing family photos on social media. A new episode of Netflix Korea’s web variety show “I Came to Promote, But…” uploaded to its official YouTube channel on Thursday featured Son, Ji Chang-wook and Nana, the lead actors of the upcoming Netflix series “The Scandal.” During the show, Son talked about her life recently, saying with a laugh, “These days, I’ve been raising my baby.” She also said that taking a recent family trip was the happiest thing she had done. Son said she had traveled to Okinawa, Japan, and the United States with her family. “I went to relax after finishing a project, but traveling with a child isn’t really a relaxing trip,” she said. “We packed the schedule around our child,” she continued. “It was tiring, but I think traveling with my family is incredibly happy.” The conversation then turned to photos Son had posted on social media during the family trip. She has drawn attention by covering her husband’s face with stickers whenever she sha

Hong Kong to open waters to Guangdong yachts under southbound scheme from October

Hong Kong to open waters to Guangdong yachts under southbound scheme from October

A southbound scheme allowing Guangdong-registered yachts to sail in Hong Kong waters is expected to launch in October, the transport minister has said, with the city continuing preparations and discussions with provincial authorities. Secretary for Transport and Logistics Mable Chan revealed the plan on Saturday after the annual policy address and the city’s first five-year plan, both unveiled this week, set out proposals to develop the yacht economy. “The southbound travel scheme for yachts...

City leader John Lee joins mourners at vigil for Tung Chee-hwa

City leader John Lee joins mourners at vigil for Tung Chee-hwa

Hong Kong is mourning the loss of its first chief executive, Tung Chee-hwa, in a weekend vigil, with tributes pouring in from political and business heavyweights as well as members of the public. Tung, who died at the age of 89 on September 8, led Hong Kong through ups and downs – the Asian financial crisis in 1997, the Sars outbreak in 2003 and a V-shaped rebound in the economy that followed. Saturday’s rituals, held at Hong Kong Funeral Home in North Point, will be followed by a state funeral...

Patriot dedicated to Hong Kong: business heavyweights remember Tung Chee-hwa

Patriot dedicated to Hong Kong: business heavyweights remember Tung Chee-hwa

This weekend, Hong Kong mourns the loss of former chief executive and elder statesman Tung Chee-hwa. The shipping tycoon who became the city’s first leader after its transfer of sovereignty to China in 1997 died on September 8 at the age of 89, leaving a legacy of determined stewardship and dedicated public service. This weekend, a state funeral will be held to honour Tung, who was also a former vice-chairman of the Chinese People’s Political Consultative Conference (CPPCC). There will be a...

S. Korea, US vow to strengthen cooperation to accelerate wartime OPCON transition in defense talks

S. Korea, US vow to strengthen cooperation to accelerate wartime OPCON transition in defense talks

Korea and the United States pledged to reinforce cooperation to accelerate the transition of wartime operational control (OPCON) to Seoul from Washington during their senior-level defense talks this week, a joint statement said Friday. The allies held the 29th Korea-U.S. Integrated Defense Dialogue (KIDD) in Korea's southeastern city of Busan from Wednesday to Friday (Korea time), as Korean President Lee Jae Myung's administration seeks to retake wartime OPCON before the end of its term in 2030. "Both sides evaluated the work to modernize the alliance in the face of an evolving security environment," they said in the statement. "They also assessed progress on the Conditions-based Wartime Operational Control Transition Plan, and pledged to strengthen cooperation to accelerate the transition of wartime OPCON," they added. Seoul and Washington have been working on the conditions-based OPCON transfer since they agreed on it in October 2014. The conditions include Korea's capabilities to lead combined Korea-U.S. forces, its strike and air defense capabilities, and a regional security environm

Friend, leader, mentor: how political veterans remember Tung Chee-hwa

Friend, leader, mentor: how political veterans remember Tung Chee-hwa

This weekend, Hong Kong mourns the loss of former chief executive and elder statesman Tung Chee-hwa. The shipping tycoon who became the city’s first leader after its transfer of sovereignty to China in 1997 died on September 8 at the age of 89, leaving a legacy of determined stewardship and dedicated public service. He is remembered for steering Hong Kong through uncharted waters following the end of colonial rule, as well as his tireless efforts as a state leader and business heavyweight to...

How will Beijing receive the most senior Taiwan official at Apec events this year?

How will Beijing receive the most senior Taiwan official at Apec events this year?

In a rare development, Taiwanese Labour Minister Hung Sun-han is expected to travel to Nanjing on Sunday, becoming the first cabinet-level official under William Lai Ching-te’s administration to visit mainland China. Hung will attend an Asia-Pacific Economic Cooperation (Apec) ministerial meeting on Monday to discuss employment, vocational training, social security and the impact of artificial intelligence on jobs. Hung will be the most senior Taiwanese official to visit the mainland for Apec...

Recommended

Asia Viral News

Asia Viral News features the latest and most trending news from Asia. Get ready to immerse yourself in the daily engaging topics with share-worthy news only in Asia Viral News.

ABOUT US
Newsletter

Copyright © 2015 - 2026 Asia Viral News. All Rights Reserved.