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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.
Commentary
Progressive rating system to impact mid-to-luxury residential properties in Hong Kong