Building & Engineering
Wing Tai Properties narrows net loss to $1.69b in 2025
Wing Tai Properties narrows net loss to $1.69b in 2025
It improved from a net loss of $2.58b in 2024 with final dividend set at 4 cents per share.
Hong Kong outpaces Greater China peers with fit-out costs above $1,200 psf
Cushman & Wakefield's 2026 Guide ranked the city as the 8th most expensive APAC market for new office interiors.
Public works offset 23.2% drop in private construction in Q4 2025
Q4 construction value stood at $73.2b as public sector growth partly offsets private sector drop.
Hong Kong builders face cost hurdles in low-carbon push
Electric machinery and sustainable materials are scarce and costly.
Government approves 10 building plans in November
Consent has been given for work to start on five building projects.
HA to assess 2026/27 budget plan as constructions cost rise
HA to cut annual operational costs by 2% for two years
Gov’t tightens scaffold net rules after Tai Po fire
Construction sites are monitored; authorities enforce safety regulations strictly.
Government completes $4.1b new buildings in September
It also certified buildings with up to 100,005 square metres for occupation.
Only 2% of Hong Kong firms are fully AI-ready: report
Only 52% of local firms think they can capture financial value in AI, Cisco study finds.
HKCA launches new guidelines for carbon-smart construction sites
The HKCA also launched the Carbon Smart Construction Site Labelling Scheme.
Gov’t approves four building plans in July
The department also received 2,773 reports about unauthorised building works.
LandsD, PolyU to drive geospatial and smart city development
Both parties will establish a Joint Research Centre.
Improved certification scheme helps SMEs to go green
Certification Scheme 2.0 expands access and support for small firms.
ACCL secures temporary stay to avoid delisting from contractor register
An appeal hearing is set for late August.
HKSTP launches search for San Tin Technopole development partners
The Technopole is expected to provide high-quality, sustainable infrastructure tailored for global and local technology enterprises.
Construction works' gross value up 1.9% in Q1
Public sector works surged 17.4%.
New World Development defers perpetual bond coupons payment
It will defer on a total of four payments due in June.
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