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Urban Renewal Authority awards Central Oasis project to AGC Design

Attainment of the highest score in an assessment has given AGC Design the project.

Kowloon City site set for revamping

The site's project area is 1,622 sqm. which the URA wants to redevelop to provide 180 units of 35 to 65 sqm.

Great Harvest first half profit down to US$1.3mn

Dip in performance prompted the group to pursue conservative growth principle and prudent business strategy to capture market opportunities.

China Rongsheng Heavy Industries delivers its first very large ore carrier

The company's first 380,000 DWT VLOC is equipped with self-built main engines in leading technology.

Lee & Man Paper first half profit down to HK$647mn

Credit tightening measures, softened domestic consumption and faltering export during the period dampened the demand for containerboard in China.

Kingsoft third quarter profit down 12% to RMB74.9mn

The company in undergoing successful product innovation and business transformation with new management team focusing on long-term strategies.

Pteris Global's baggage handling system for Canadian airport off to a good start

Winnipeg James Armstrong Richardson International Airport one of the first in the country to streamline the baggage drop-off process.

Cathay Pacific adds Sao Paolo and Rio de Janeiro to its network

The new services will offer the airline passengers ease and more choice when travelling to Brazil.

HKMA grants license to Bank Morgan Stanley

Addition of the lender ups the restricted-licence banks in Hong Kong to 20.

Zhangzhou Mingfa Shopping Mall posts robust sales

The mall was able to attract renowned brands and promote local economic development.  

Dream International resumes purchase order delivery for Brazilian customer

The customer will initially pay US$4mn to the Group in February 2012 as first installment of payment.

Sino Biopharmaceutical nine months profit up 31.8% to HK$451.36mn

The company believes the sales income of the pharmaceutical industry to increase with the slowing inflation and easing of policy restrictions.

Standard Chartered HK to increase mortgage interest rate

The changes will take effect today, 21 November 2011 - but how much will the increase be?

Government seizes almost $7m worth of smuggled goods

Two river trade vessels destined for Thailand and Kenya just got busted.

Shoreline stabilisation works to be made at Butterfly Beach

The Government made a proposal to construct an approximately 13-metre-wide and 90-metre-long rock revetment at the eastern end of Butterfly Beach, Tuen Mun, to protect beach facilities.