In Focus
Evicted sub-divided flats tenants to get $4.5m subsidy
900 eligible households are said to benefit from the subsidy in the coming year.
Evicted sub-divided flats tenants to get $4.5m subsidy
900 eligible households are said to benefit from the subsidy in the coming year.
"I won't overlook the middle class": CE Tsang
He reiterated the Government considers the interest and needs of all sectors in the community when drafting housing policies.
Home sweet home: Government targets 40k annual supply of flats
The Government will explore the possibility of converting into housing land 150 hectares of agricultural land in North District and Yuen Long.
Hong Kong's global trade share to overtake UK by 2025
The short-term outlook may be uncertain, but at least something good's about to come 14 years from now.
Local talents threatened as 53% of HK companies intend to hire foreign staff
And worse, 31% of companies do not plan to hire more in the next two years.
Public consultation for patent system review begins
The Commerce & Economic Development Burea will run the consultation period until December 31.
Hong Kong ranks 15th out of 139 countries in judicial independence in 2010
Secretary for Justice Wong Yan Lung says solid legal system is the key to this success.
Residential property deals in its lowest since 2009
Monthly transactions totalled only 6,000-7,000 in July and August, almost 50% lower than the average monthly volume in 2009 and 2010.
Hong Kong’s Exchange Fund assets plunge $38b in August
The Monetary Authority announced that total assets of the Exchange Fund amounted to a whopping $2.45t at the end of the month.
Why not make that runway our office lobby?
The idle Kai Tak Airport, being tapped for housing, could be redeveloped to add as much as 40 million square feet of prime offices by 2021.
Hong Kong’s nominal wage up 8% in June
As 73% of companies reported increases in average wage rates in June compared with a year ago.
Hong Kong real estate market set for ‘soft landing’: Financial Secretary Tsang
“Transactions have fallen and prices are starting to trend down slowly,” Hong Kong Financial Secretary John Tsang said in an interview.
Government to start next phase of Scheme $6,000
Through this scheme, a sum of HK$6,000 will be given to each holder of a valid Hong Kong Permanent Identity Card, aged 18 or above.
3 airlines to cut fuel surcharges in October
But which airlines are these and by how much are they reducing the costs?
Inflation is likely to slow, expects analyst
Standard Chartered forecasts Hong Kong's CPI inflation at 5.6% in August.
Property shocker: Tightening liquidity may push mortgage rates up
This may worsen the already weak real estate sentiment further, according to a Reuters report.
Outward processing exports to Mainland up 13% to $145b
This accounts for 34% of Hong Kong’s total exports in Q2 2011.
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