Hong Kong
Airport Authority to expand gold depository as HK aims to be a global hub
Airport Authority to expand gold depository as HK aims to be a global hub
It will increase its depository's capacity to 200 tonnes.
Cathay Pacific unveils new 777-300ER business class suite and upgraded economy cabins
These initiatives are part of the airline’s $100b investment.
Gov’t awards second operation and management contract for two LPH projects
The projects will collectively provide a total of 2,438 LPH units.
Shipping Legislation and Rating bills set for second reading
The LegCo is also preparing to read the Hotel Tax Ordinance amendment.
HKMA, banks launch new measures to boost SME financing and support
The initiative will launch five new measures.
Tuen Mun LPH management contract open for bidding
Tender closes on 6 December.
K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
Rich Hong Kong families sell mansions at a loss to repay debt
A stuttering economy has driven some to offload their assets for as low as half the price.
ZJLD applauds liquor tax cuts, bright prospects for premium Baijiu trade
The company noted that this can boost both the liquor industry and local economy.
Lee says new subdivided units policy balances demand and market health
He also noted that the new system does not intend to make what is illegal legal.
Landlords turn to semi-retail tenants as office vacancy pressure mounts
They have also been offering attractive leasing packages to secure tenants.
Investment volume for 2024 to likely match $40b in 2023: CBRE
Local buyers like family offices and high-net-worth individuals are the key purchasers.
Cathay welcomes three-runway system, Airport City expansion
The airline also supports efforts to strengthen air connectivity with Mainland China.
Gov't forms task group to set up new medical school
It will handle tasks like funding arrangements and programme accreditation.
HK industrial leasing demand remains sluggish
Third-party logistics firms and the automotive sector are leading leasing activity.
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t proposes policy to reclassify compliant SDUs as basic housing units
This will allow owners of upgraded SDUs to apply for BHU recognition.
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