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☆ I bought a $54,000 abandoned house in Japan and turned it into a luxury Airbnb—take a look inside
▼ + stars: | 2024-10-16 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Death rates have surpassed birth rates in Japan, contributing to abandoned properties. "Like to create something really, really good that you're very proud of — it just makes me very happy." The property still had belongings of its previous residents, a common occurrence among abandoned properties in Japan. Courtesy of Anton Wormann. Courtesy of Anton Wormann

Persons: Anton Wormann, Anton Wormann Anton Wormann, Wormann, —, Japan's, Tokyo akiya, Anton Wormann's akiya Organizations: CNBC, Tokyo, Wormann Locations: Japan, Sweden, Paris, London, Milan, New York, Tokyo

☆ Grab CEO Anthony Tan gives his no. 1 piece of advice for aspiring entrepreneurs
▼ + stars: | 2024-10-11 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +3 min

Anthony Tan is the co-founder and CEO of Grab. Courtesy ofFrom the outside, it looks like Anthony Tan's got it all — the family, the wealthy upbringing and the success. Tan's advice for aspiring entrepreneursWhen asked for one piece of advice for budding entrepreneurs, Tan said: "It has to be your life calling." Lessons from childhoodTan learned the value of hard work at a young age. I've seen how my parents worked really, really hard nonstop," said Tan.

Persons: Anthony Tan, Anthony Tan's, Tan, Chloe Tong, Tan's, I've, Joe Organizations: Southeast Asia's, CNBC Locations: Southeast, U.S, Singapore, Malaysia, Cambodia, Indonesia, Myanmar, Thailand, Vietnam, Philippines

☆ How I built a $2 billion a year super app called Grab: '20 hour' work days
▼ + stars: | 2024-10-07 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

After the business went public in the U.S. in December 2021, it brought in over $2 billion in revenue in 2023, according to documents reviewed by CNBC Make It. As of 2023, Grab also serves over 35 million customers and provides 13 million gig jobs across eight countries in Southeast Asia. "We both really believed we were very blessed [and] we wanted to serve Southeast Asia." There's no arguing, however, that Grab has shaped the very infrastructure of Southeast Asia. In December 2021, Grab went public and listed on the Nasdaq.

Persons: Anthony Tan didn't, Tan Heng, Tan, Tan's, that's, Ferdinand ] Marcos, Hooi Ling Tan, Anthony Tan, Uber, Dara Khosrowshahi Organizations: Kuala Lumpur Stock Exchange, CNBC, Harvard Business School, Base, Malaysian, Nasdaq Locations: Tan Heng Chew, U.S, Southeast Asia, Philippines, Malaysia, Kuala Lumpur, Chi Minh, Vietnam, Manila, Asia, Southeast

☆ The rise of Grab: How I built a super app that brings in over $2 billion a year
▼ + stars: | 2024-10-06 | by ( Ernestine Siu | ) www.cnbc.com time to read: +1 min

Anthony Tan is the co-founder and CEO of Grab, a "super app" that has built itself into the very infrastructure of eight major Southeast Asian countries. Grab provides day-to-day services, such as ride-hailing, payments and food delivery, to over 35 million users. The company went public on the Nasdaq in 2021 and brought in $2.36 billion in revenue in 2023, according to documents reviewed by CNBC Make It. "In a weird kind of way, I'm grateful because it helped me realize I had no other option but to make it work," Tan said. Watch the video above to learn more about Grab's rise, as well as what the company hopes to accomplish next.

Persons: Anthony Tan, Tan, Uber Organizations: Nasdaq, CNBC, Harvard Business School Locations: Malaysian

☆ I grew my side hustle into a $20,000 a month business — here are 4 tips I have for aspiring entrepreneurs
▼ + stars: | 2024-10-03 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Jean Kang, 32, brings in about $20,000 a month with her business. Growing up in the San Francisco Bay Area, she had always envisioned herself working for a big tech company. Having witnessed the rise of Silicon Valley from her own backyard, she worked hard to land her first tech job. "I was very shocked that I could supplement my take home pay from my tech job, [adding] another $30,000 completely by myself," said Kang. She has also scaled her business by shifting from doing mostly one-on-one coaching to running 5-week group programs.

Persons: Jean Kang, Jean Kang Jean Kang, Kang Organizations: San Francisco Bay Area, CNBC Locations: San Francisco Bay, Silicon Valley

☆ Hong Kong's New World Development shares surge 23% after CEO resigns
▼ + stars: | 2024-09-27 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Signage at the New World Tower, which houses the headquarters of New World Development Co., in Hong Kong, China, on Thursday, Sept. 26, 2024. New World Developmen suspended trading of its shares in Hong Kong on Thursday morning. Shares of Hong Kong's New World Development surged following the resignation of Adrian Cheng, a member of the founding family. Hong Kong listed shares of the major development company traded 23% higher after trading resumed on Friday. New World's woes come as property pains continue to plague Hong Kong and mainland China.

Persons: Adrian Cheng, Cheng, Eric Ma Siu, Cheung, Alicia Garcia, Herrero, Hong Kong tycoons, China's Organizations: New, Hong, HK, Asia Pacific, CNBC, China's Locations: Hong Kong, China, Natixis, tycoons, Asia

☆ These are the top 10 emerging startups in India in 2024, according to LinkedIn
▼ + stars: | 2024-09-25 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Zepto is the top startup to work for in India in 2024, according to LinkedIn. LinkedIn released its seventh annual top startups list for India, showcasing the country's emerging companies based on data from the professional social-networking site. In fact, India has the third-largest startup ecosystem in the world, according to official government site Startup India. In addition, the report noted the number of startups in India rose 71.5% from about 20,000 startups in 2021 to over 34,000 startups 2023. These are the top 10 emerging startups in India, according to LinkedIn:

Persons: Zepto, Lee Organizations: LinkedIn, Startup, Lee Kuan Yew, of Public, National University of Singapore Locations: India, U.S, China

☆ These are the top 10 global talent hubs in the world — and the U.S. isn't one of them
▼ + stars: | 2024-09-24 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +2 min

For the eleventh consecutive year, Switzerland topped the list as the world's most talent-competitive country, according to the IMD 2024 World Talent Ranking, signaling its strong and stable talent pool despite the rapidly changing global work landscape. The ranking measures how economies around the world perform when it comes to sustaining their pool of talent. This data is broken down into three buckets: investment in and development of homegrown talent, appeal (the extent to which a country taps into the overseas talent pool) and readiness (the availability of skills and competencies in the talent pool), according to the report. Switzerland remains at the forefront of talent competitiveness, topping the list since the ranking's inception in 2014. Singapore's steady rise is driven by the readiness of its talent pool, rated as No.

Organizations: IMD, Competitiveness, Switzerland Singapore Locations: Switzerland, Switzerland Singapore Luxembourg Sweden Denmark Iceland Norway Netherlands Hong Kong Austria, Asia, Singapore, Hong Kong, United States, U.S

☆ These are the 3 patterns of the ‘chronically single,’ says breakup expert
▼ + stars: | 2024-09-20 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

The term "chronically single" has gone viral on TikTok with some videos reaching more than 10 million viewers globally. There are two types of single people: single people who are happy being single, and single people who are not happy being single, Amy Chan told CNBC Make It. After experiencing a gut-wrenching breakup in her 20s, Chan set off to change the breakup and dating experience for people everywhere. Today, she works as a relationship and breakup coach, and runs two weekend retreats, called "The Breakup Bootcamp" and "The Dating Bootcamp." They sabotage their relationshipsAnother pattern of the "chronically single" is that they tend to sabotage their relationships, said Chan.

Persons: Amy Chan, you've, Chan, —, They've Organizations: CNBC Locations: TikTok

☆ This 38-year-old is financially independent with passive income. Here's how he built a 7-figure real estate portfolio
▼ + stars: | 2024-09-17 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +4 min

Shu Matsuo Post, 38, built a $2 million real estate portfolio, according to documents seen by CNBC Make It. Over the course of about seven years, the 38-year-old consistently poured over 50% of his and his wife's dual income into real estate investing. Beginning of real estate investing journeyMatsuo Post's journey toward financial independence was not straightforward. Pivoting his career multiple times, he worked in industries like journalism, retail and technology before entering real estate. "We found real estate and kept talking about it, and then we decided that we can live off of one income," Matsuo Post said.

Persons: Shu Matsuo, Matsuo, it's, Matsuo Post, Christina, I'm, that's Organizations: CNBC, Matsuo Post, FI, YouTube Locations: U.S, Japan, Hong Kong, Minnesota, New York

☆ This 32-year-old cashed out on over $2 million in startup equity—here are five tips on how to negotiate for more shares
▼ + stars: | 2024-09-13 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Over the course of about 10 years at the company, Vashi worked his way up from an entry-level consultant role to vice president. It all paid off in June 2022, when Anaplan was acquired by private equity company Thoma Bravo at a roughly $10.4 billion valuation. Here are five tips on how to negotiate for more equity at work, according to Vashi:1. "The best way to secure equity compensation is to make yourself extremely important to the company," he said. When it comes to employees, it is "all based on [their] contributions, either actual contributions or expected contributions," Vashi said.

Persons: Bhavik Vashi, Vashi, Anaplan, Thoma, they've Organizations: University of California, CNBC, Thoma Bravo, Asia Pacific, Carta, Employees Locations: Valley, Berkeley, Silicon Valley, Middle East

☆ China expects air travel to hit a record in 2024
▼ + stars: | 2024-08-14 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

China is expected to see a record-level of passenger air travel in 2024, according to the Civil Aviation Administration of China. China is expecting air passenger travel to hit a record in 2024, bouncing past pre-pandemic levels. In the first half of this year, total passenger trips rose nine percent from the same period in 2019, the State Council added, signaling that China's air travel sector has rebounded from the pandemic. The country's projection for 2024 comes in higher than the 619.6 million air passenger trips seen in 2023, according to data released in June by Chinese officials. Meanwhile, the broader Asia-Pacific region's travel sector has seen growth this year thanks to Chinese tourists.

Persons: Zhiyong Organizations: Civil Aviation Administration of, Civil Aviation Administration, Asia Pacific Summit for Aviation Safety, State, Council, Paris Olympic Games Locations: China, Civil Aviation Administration of China, Japan, South Korea, Singapore, Europe, Asia, Pacific

☆ Here's how much it can cost a family of four to live across 10 major Asian cities
▼ + stars: | 2024-07-26 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

Living in a major city can come with a hefty price tag, so it's best to be informed before you make that big move. In Asia, Hong Kong and Singapore top the list for cost of living. A family of four can expect to spend an estimated $9,000 a month to live in one of these cities, according to Numbeo, an online database of user-contributed information. Singapore also saw a "rocketing increase" in its housing rentals from 2022, however, prices have begun to stabilize in recent months, said Ma. Here's a broader look at how much it costs for a family of four to live across 10 major cities in Asia, according to data by Numbeo:

Persons: Tracey Ma, APAC, Hong Kong, Ma Organizations: Mercer, CNBC, Singapore's Urban Redevelopment Authority Locations: Asia, Hong Kong, Singapore, Mercer, Hong, Ma, Singapore's

☆ Salary transparency gains steam in Asia as young people share their salaries online
▼ + stars: | 2024-07-25 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

The top driver for pay transparency practices in Asia is "regulation and compliance" (72%) according to a 2024 report by Aon. Currently, the top driver of pay transparency practices in Asia is "regulation and compliance" (72%) according to the report. Jashani is just one of the many young people in Asia who are working on increasing pay transparency in the region. I think our role to advocate for pay transparency is actually [done] through conversation. "I think our role to advocate for pay transparency is actually [done] through conversation," she said.

Persons: Peter Zhang, Zhang, Jashani, I'm, Davekhaw, they'll, Prestine, Aon's Zhang, Peter Zhang Head Organizations: Aon, CNBC, Employers Locations: Asia, United States, California, New York, millennials, Singapore, Instagram, Malaysia, Malay

☆ 'Luxury shame': China's rich shy away from flaunting their wealth amid economic jitters
▼ + stars: | 2024-07-16 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +1 min

China's rich are turning their backs on flaunting their wealth as the economy faces headwinds, putting the country's luxury market under pressure. China's rich are growing more cautious about flaunting their wealth as the economy faces headwinds, putting the country's luxury market under pressure. "Wealthy customers are afraid of being seen as too ostentatious or too showy," Claudia D'Arpizio, partner partner and global head of fashion and luxury at Bain & Company, told CNBC in a separate interview. "We call it luxury shame similarly [to] what happened in the U.S. in 2008-2009," D'Arpizio said. "Even people that can afford to buy these products have less willingness to do so, [in order] not to be seen as really buying or wearing very expensive products."

Persons: Derek Deng, Claudia D'Arpizio, D'Arpizio Organizations: Bain and Company, Bain &, Bain & Company, CNBC Locations: China, U.S

☆ Live Election Updates: Biden to Court Labor as Democrats Struggle for Unity
▼ + stars: | 2024-07-10 | by ( Chris Cameron | ) www.nytimes.com time to read: +8 min

Then, he added, in a clearly insincere display of sympathy toward Mr. Biden, “it’s a shame the way they’re treating him. After talking about his proposal to remove taxes on tips for hospitality workers, he urged Mr. Rubio to vote for it. Mr. Rubio had so far this year appeared infrequently on the campaign trail with Mr. Trump. Instead, Mr. Rubio used his time to echo Mr. Trump’s mocking of Mr. Biden’s debate performance and his frequent attacks that Mr. Biden was not mentally fit to lead the country. Richard Siu, 57, said he liked the idea of Mr. Rubio as Mr. Trump’s running mate.

Persons: Donald J, Trump, Kamala Harris, Biden’s likeliest, Biden, Biden’s, ” Mr, Mr, “, He’s, Harris, Laffin, Kamala ” —, Ms, Joe, Biden “, Trump tauntingly, Trump’s, ”, “ Joe Biden doesn’t, Donald Trump’s, he’s, ” James Singer, “ Donald Trump, —, Harris’s, Hannibal Lecter, Marco Rubio, Rubio, Marco, ” David Kim, Richard Siu, Siu, Simon J, Levien Organizations: Trump, United, Democratic, Mr, Republican National Convention, Advisers, Americans Locations: Florida, Doral, Fla, Miami, U.S, United States, America, Milwaukee, Marco Rubio of Florida, Spanish

☆ This is the most affordable country for expats in 2024, according to a new report
▼ + stars: | 2024-07-08 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +2 min

Vietnam is the most affordable place to live in for expats, according to a report by InterNations. Moving to a foreign country may seem like a pipe dream, but it doesn't have to break the bank. For the fourth consecutive year, Vietnam is the most affordable country in the world for expats, ranking first out of 53 destinations when it comes to personal finances, according to a 2024 InterNations study. Southeast Asia, in particular, stood out with Vietnam, Indonesia, Philippines and Thailand all ranking in the top 10. "Most expats agree that it's easy to find housing, and they are happy with how affordable it is."

Persons: InterNations, Chudoba Organizations: InterNations, Vietnam 2nd, CNBC Locations: Vietnam, expats, Brazil, Malaysia, Vietnam Colombia Indonesia Panama Philippines India Mexico Thailand Brazil China, Southeast Asia, Indonesia, Philippines, Thailand

☆ China faces economic headwinds as it grapples with an aging — and shrinking — population
▼ + stars: | 2024-07-04 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Fertility rates across OECD countries have halved since 1960, according to a new OECD report. He said the three countries are disproportionately impacted by a rapidly aging population, largely due to improved standards of living, which have a "very strong inverse relationship with fertility rates." These improved conditions have led to a greater opportunity cost for having children, Xu said. Shrinking workforceA decline in fertility rate puts pressure on the economy and the society at large as the working population shrinks. China's policy shiftsIn China, policymakers have been putting a big emphasis on "productivity growth," Xu told CNBC.

Persons: Leren Lu, Darren Tay, Erica Tay, Tianchen Xu, Xu, BMI's Tay, Tay, Maybank's Tay Organizations: OECD, BMI, Risk, United Nations, Economist Intelligence, Economic Co, National Bureau of Statistics, CNBC, Economist Intelligence Unit Locations: China, Asia, South Korea, Japan, East, Southeast Asia, Maybank

☆ Here are the 10 most livable cities in the world — and Europe dominates the list
▼ + stars: | 2024-06-28 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +2 min

Vienna, Austria is the wrold's most "liveable" city, according to the Economist Intelligence Unit's 2024 Global Liveability Index. For the third year in a row, Vienna, the capital of Austria, is the world's most livable city, according to the Economist Intelligence Unit. "Declines in stability and infrastructure across a number of cities in advanced economies were offset by structural improvements in healthcare and education in several cities in developing markets." Here are the 10 most livable cities in the world, according to EIU. North America was the second best region, scoring an average of 90.5 out of 100, and ranking highest for education.

Persons: EIU Organizations: Economist Intelligence, Economist Intelligence Unit, Western Locations: Vienna, Austria, Copenhagen, Denmark, Zurich, Switzerland, EIU, Austria Copenhagen, Denmark Zurich, Switzerland Melbourne, Australia Calgary, Canada Geneva, Switzerland Sydney, Australia Vancouver, Canada Osaka, Japan Auckland, New Zealand, Asia, Pacific, Melbourne, Sydney, Osaka, Japan, Auckland , New Zealand, Vancouver, Toronto, Western Europe, North America, Canada

☆ Forget to-do lists. Here are 4 tips on how to stop procrastinating
▼ + stars: | 2024-06-27 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

Learning how to harness our attention is the "skill of the century," says behavioral design expert Nir Eyal. "The skill of the century is being able to harness your attention," Eyal, an expert in behavioral design, told CNBC Make It. The action of being distracted is often preceded by a feeling of discomfort, or an "internal trigger," says Eyal. "If you don't have time for exercise, time with your family, time with your friends, time for focused work, it's not going to get done," Eyal told CNBC Make It. Instead, he suggests using a "timebox calendar."

Persons: Nir Eyal, D3sign, Eyal, it's Organizations: CNBC, Spica

NEW YORK, June 25 (Reuters) - Shares of Nvidia (NVDA.O) New Tab , opens new tab surged nearly 7% on Tuesday, snapping out of a three-session tailspin that had erased about $430 billion from the artificial intelligence chipmaker's market value. Nvidia's shares finished at $126.09, after a tumble that saw them lose around 13% from their June 18 close of $135.58. The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Bullishness on Nvidia was evident in the options market, though the stock's recent share price slide appears to have made traders more cautious. New Tab , opens new tabSave Share XFacebookLinkedinEmailLink Purchase Licensing Rights

Persons: Tom Hayes, it's, Hayes, Tyrone Siu, Tom Plumb, Plumb, you've, Mario Iachini, Chibuike Oguh, Saqib Iqbal Ahmed, Suzanne McGee, Medha Singh, Lewis Krauskopf, Ira Iosebashvili, Chris Reese, Aurora Ellis, David Gregorio Our Organizations: YORK, Nvidia, Great, Nvidia Corporation, REUTERS, Plumb Funds, Ortex Technologies, Vanda Research, Thomson Locations: New York, Taipei, Taiwan

☆ Four self-made millionaires echo the same advice for success: Just get started
▼ + stars: | 2024-06-21 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +6 min

Throughout my time working at CNBC, I've chatted with different entrepreneurs, from people who started successful side hustles to the founders of global unicorn companies. In my conversations with successful entrepreneurs, I've found that those who became successful and "made it" tend to echo the same advice. Advice #2: Lean into what makes you uniqueAnother piece of advice Mahlum gave is to lean into what makes you yourself. "I think the best advice that I can give to fellow entrepreneurs is to be different," he told CNBC. Advice #4: Just get startedIn all my conversations with entrepreneurs, by far, the one piece of advice I've heard the most, is to simply get started.

Persons: Shawn Tsao, I've, Jason McGowan, McGowan, they'd, Anne Mahlum, Solidcore Anne Mahlum, Mahlum, Edward Tirtanata, Tirtanata, Uber, Jack Organizations: CNBC, I've, Lean, Nike Locations: New York, Solidcore, Indonesian, Southeast Asia

☆ The UAE is set to be the No. 1 'wealth magnet' in the world, new report shows
▼ + stars: | 2024-06-19 | by ( Ernestine Siu | In Ernestinesiu | ) www.cnbc.com time to read: +5 min

The UAE expects to see a net inflow of 6,700 millionaires from around the world by the end of 2024, according to new research. The tiny Gulf nation is expected to see an unprecedented net inflow of 6,700 millionaires from around the world by the end of 2024, according to the report released on June 18. That's according to new research by Henley Private Wealth Migration Report . The United Arab Emirates is set to be the world's leading wealth magnet for the third year in a row. The data for the report was supplied by global wealth intelligence firm New World Wealth and features insights on the inflows and outflows of millionaires and their migration patterns globally.

Persons: Dominic Volek, Hannah White Organizations: Henley Private Wealth, United, Henley & Partners, Henley, Partners, Singapore, Institute for Government, Millionaires Locations: UAE, United States, United Arab Emirates, Henley, States, America, Singapore, Canada, Australia, Italy, Switzerland, Greece, Portugal, Japan, East, India, Russia, Africa, United Kingdom, Europe, Asia, China, Kingdom, Korea, Brazil, Taiwan, Taipei, Nigeria, Vietnam

☆ Buying a house? These US cities now among the world’s most ‘impossibly unaffordable’
▼ + stars: | 2024-06-14 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +4 min

Australia is the only other country besides the US to dominate the “impossibly unaffordable” list, led by Sydney and the southern cities of Melbourne in Victoria and Adelaide in South Australia. But it also blames soaring house prices on land use policies, including “urban containment,” a kind of planning designed to stop urban sprawl. “Toronto and Vancouver show that the cost of taming expansion is unacceptably high: inflated house prices, higher rents and, for increasing numbers of people, poverty,” Cox wrote. The report was compiled by researchers from the Center for Demographics and Policy at Chapman University in California and the Frontier Centre for Public Policy, an independent public policy think tank in Canada. Top 10 “impossibly unaffordable” cities

Persons: it’s, William West, Tyrone Siu, Wendell Cox, Valier, ” Cox, ”, St Louis Organizations: CNN, Getty, Hong, Victoria Harbour, Frontier Centre, Public Policy, Canada, Canadian, New, St, Chapman University in Locations: United States, ”, West Coast, Hawaii, California, San Jose , Los Angeles, San Francisco, San Diego, Honolulu, Australia, Sydney, Melbourne, Victoria, Adelaide, South Australia, Maribyrnong, AFP, Hong Kong, Singapore, New Zealand, Toronto, Valier Macon, Vancouver, Pittsburgh, Rochester, Edmonton, Calgary, Canada, Blackpool, Lancashire, Glasgow, United Kingdom, Perth, Brisbane, Chapman University in California

☆ Hong Kong wants residents to smile more but experts warn prices and competition are bigger issues for tourism
▼ + stars: | 2024-06-14 | by ( Dylan Butts | ) www.cnbc.com time to read: +4 min

Guests posing for a group photo at the "Let's Go the Extra Mile" hospitality campaign launch ceremony at the Central Government Office in Hong Kong on June 3, 2024. In response, the Hong Kong government launched a campaign – titled "Let's Go the Extra Mile" – encouraging frontline staff and members of the public to demonstrate good hospitality and "reinforce Hong Kong's brand as the best tourism destination." Hong Kong's currency is pegged to the U.S. dollar, which has helped the city's status as an international financial center. "Both have become equal problems for Hong Kong," he said. While the city's borders were closed during the pandemic, nearby Shenzhen continued to develop into a top-tier Chinese city, Lee said.

Persons: Long, John Lee, Hong Kongers, Allan Zeman, Lan, Kwai, Zeman, mainlanders, Simon Lee Siu, Lee Organizations: Central Government Office, Nurphoto, Getty, Hong, Lan Kwai Fong Group, U.S ., U.S, Sports, Tourism Bureau, HK, Pacific Institute of Business, Chinese University of Hong, Shenzhen Locations: Hong Kong, Shenzhen, Hong, Japan, Asia, Chinese University of Hong Kong

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