Hong Kong

The Chief Executive in Council has approved the draft of the plan of Hoi Ha Development Permission Area. The Planning Scheme Area covers an area of about 8.76 hectares. It is encircled by the Sai Kung West Country Park on three sides and fronts onto the Hoi Ha Wan Marine Park.  Amid the Sai Kung West Country Park, the Area is part of the wider natural system of the Sai Kung countryside.  The general planning intention of the Area is to protect its high landscape value, which complements the overall natural quality and the landscape beauty of the surrounding Sai Kung West Country Park and Hoi Ha Wan Marine Park.

The Chief Executive in Council has approved the draft of Wang Tau Hom and Tung Tau Outline Zoning Plans.

 The Chief Executive in Council has approved the draft Pak Lap Development Permission Area Plan.

The Lands Department registered 12 lease modifications and three land exchanges in the Land Registry during the quarter ending September 2011.

Financial Secretary John Tsang welcomed the promulgation of new rules on renminbi trade between Hong Kong and the Mainland.

It currently has 14 projects under construction and 17 projects in the pipeline.

Retail sales averaged 44% growth during July and August.

The company is confident about reaching its full-year sales target as it has already secured 75% by this quarter.

This as investors watch out for China’s monthly inflation data.

The flats at about 400-500 square feet will be built at six sites.

He reiterated the Government considers the interest and needs of all sectors in the community when drafting housing policies.

The airline believes its development fits well with the improved logistics facilities envisioned in Policy Address.

The company vows to continue investing in innovation that will help drive the convergence of technologies and services among its product lines.

The company gives exclusive distribution rights in Hong Kong to Jebsen & Co. Ltd.

The move will provide the lender widest geographic RMB trade coverage among all foreign banks in China.

A new business district will rise in Hong Kong combining Kwun Tong, Kowloon Bay and the former Kai Tak Airport site.