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Fifteen land transactions totaling $8.3B registered in Q3

Fifteen land transactions totaling $8.3B registered in Q3

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

Sec. Tsang hails new RMB rules

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

Renhe dominates underground shopping malls

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

The Wharf’s Harbour City retail sales surge 36% in 2H11

Retail sales averaged 44% growth during July and August.

Country Garden’s sales volume amount to a whopping RMB34b by 3Q11

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

Dragonair backs Hong Kong’s policy measures to boost tourism

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

Lenovo is now the world’s second largest PC maker

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

Perception Digital unveils 3Bays PDXtra TV

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

Jutal Oil Services unit inks HK$1.21bn deal

Penglai Jutal embarks on South China sea deepwater natural gas and Australian mining projects.

New business district tabled

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

Sites for flats under home ownership scheme identified

Flats to be offered under the new Home Ownership Scheme, sized at about 400 or 500 square feet, will be built at six sites.

Digital audio broadcasting network sharing arrangements confirmed

Preparation for the launch of digital audio broadcasting services in Hong Kong has entered the final stage.

Hong Kong and New Zealand to cooperate in education

The Education Bureau of HKSAR and the New Zealand Ministry of Education signed an Arrangement on Education Co-operation that will help build and strengthen the education relationship between the two places.

Mortgage Corporation upgrades SME scheme

The SME Financing Guarantee Scheme will encourage banks to use the programme to help small and medium enterprises.

Cathay Pacific Airways expects cargo business woes

Tough times reportedly loom for the airline with its cargo business being badly hit.

PCCW shareholders approve spin-off of telecommunication business

Less than 1% voted against the proposed spin-off and separate listing.

Dealings in CMA shares to begin 18 October

As at 13 October, the total number of issued shares is almost 3.9b.