Staff Reporter
Gov’t awards second operation and management contract for two LPH projects
Gov’t awards second operation and management contract for two LPH projects
The projects will collectively provide a total of 2,438 LPH units.
Shipping Legislation and Rating bills set for second reading
The LegCo is also preparing to read the Hotel Tax Ordinance amendment.
HKMA, banks launch new measures to boost SME financing and support
The initiative will launch five new measures.
Jobless rate holds steady at 3%
The number of jobless individuals however dropped by 1,700.
Tuen Mun LPH management contract open for bidding
Tender closes on 6 December.
ZJLD applauds liquor tax cuts, bright prospects for premium Baijiu trade
The company noted that this can boost both the liquor industry and local economy.
Lee says new subdivided units policy balances demand and market health
He also noted that the new system does not intend to make what is illegal legal.
Landlords turn to semi-retail tenants as office vacancy pressure mounts
They have also been offering attractive leasing packages to secure tenants.
Investment volume for 2024 to likely match $40b in 2023: CBRE
Local buyers like family offices and high-net-worth individuals are the key purchasers.
Cathay welcomes three-runway system, Airport City expansion
The airline also supports efforts to strengthen air connectivity with Mainland China.
Gov't forms task group to set up new medical school
It will handle tasks like funding arrangements and programme accreditation.
HK industrial leasing demand remains sluggish
Third-party logistics firms and the automotive sector are leading leasing activity.
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t proposes policy to reclassify compliant SDUs as basic housing units
This will allow owners of upgraded SDUs to apply for BHU recognition.
Julius Baer partners Cathay Pacific to promote SAF for sustainable air travel
This initiative is part of the bank’s decarbonisation efforts and climate targets.
2024 Policy Address: Leaders commend gov’t plans to reinforce financial sector
The government will continue to forge financial cooperation overseas.
Hong Kong ranks as world's freest economy
Amongst the five areas of assessment, the city ranked top in ‘freedom to trade internationally’ and ‘regulation.’
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