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Government allots $2.5b to boost education quality

Government allots $2.5b to boost education quality

With four international schools coming on stream, it is estimated that about 5,000 additional international school places will be provided in the next few years.

Air China September passenger capacity up 8%

Yet the airline’s RFTK decreased by 6.2% and freighter tonnage carried, by 2.5%.

Reporting of short-selling to be enhanced

Legislation for reporting of securities short-selling will reportedly be introduced as soon as possible.

Hong Kong improves scheme to assist SMEs

Developments seen to boost the programme's flexibility and help banks provide stronger fund support for SMEs.

Golden Hans mulls Hong Kong IPO

The Chinese restaurant chain aims to raise over $200m.

Hong Kong shares to rebound amidst China support for bank share prices

Investors though are expected to remain cautious when it comes to the property sector.

Hong Kong IPOs up but lesser in value

Initial public offerings in the 3rd quarter were valued at $24.4b.

Next phase of Scheme $6K commences

More than 2.1mn registration forms for the initiative had been received.

Lands Department issues 4 property consents

The consents were for 2 residential and 2 commercial developments to be sold in Q3.

Tenders invited for provision of government Wi-Fi and data centre services

The government is inviting tenders for the implementation of the Next Generation Government Wi-Fi Programme and the provision of hosting services for departmental information systems.

Government invites revitalisation proposals for four historic buildings

The Commissioner for Heritage's Office of the Development Bureau is inviting proposals from non-profit-making organisations to revitalise four historic buildings under the Revitalising Historic Buildings Through Partnership Scheme.

Proprietary Chinese medicine tainted with western drugs recalled

The Department of Health ordered a licensed proprietary Chinese medicine importer and wholesaler, Ocean Pharmaceutical Limited, to recall its product Cardiotium.

Closure order lifted for fish portion of store in Tsuen Wan

The Director of Food and Environmental Hygiene today lifted the closure order imposed earlier on the fish portion of a PARKnSHOP Superstore in Tsuen Wan.

Illegally imported live birds seized at Man Kam To

Customs officers at Man Kam To Control Point seized 1,080 live birds which were being imported without valid health certificates.

September foreign currency reserve assets down US$1.9bn

Total foreign currency reserve assets represent more than eight times the currency in circulation in September.

Lands Department issues 4 property consents

18 applications for pre-sale consent for uncompleted residential units and 3 for uncompleted commercial developments were issued at the end of September.

PCCW plans listing HKT Trust pending shareholder approval

The phone carrier may raise more than $1.3b from the IPO.