Staff Reporter
28 subdivided unit landlords face fines for tenancy breaches
They admitted to failing to file tenancy notices and charging tenants unlawful payments.
Kwun Tong (South) Outline Zoning Plan amended
Hung To Road site rezoned from “Commercial (1)”/“Business” to “Commercial (3)”.
Gross national income up 5.2% YoY in Q2
GDP for the same period was $785.2b, up 3.7% YoY.
Student housing gap may hit 120,000 by 2028
Non-local enrolment has climbed to about 92,000 in 2024/25, the report noted.
Hong Kong ranks top 10 for cross-border land investment
Hong Kong also ranked seventh in the top global sources of cross-border capital.
CBRE oversees public tender sale of Essex Crescent properties in Kowloon Tong
The market valuation of the property is approximately $400m.
Bloomberg supports insurers with HKIA sustainable bond dataset
It helps insurers comply with sustainable investment requirements.
HK, China sign MoU on infrastructure financing, securitisation
The two will explore Renminbi opportunities for infrastructure loan securitisation.
Cambodia's Canadia Bank expands to Hong Kong
The group has a total asset of $116.7b (US$15b) and a total of 17,500 employees.
Third round of RAISe+ Scheme application opens
Funding support of $10m to $100m will be provided to each approved project for eligible universities.
Six in 10 Hong Kong staff fear AI may erode critical thinking skills
Only 19% support the idea of AI agents operating in the background without human knowledge.
Asia hiring slowdown fuels job insecurity: survey
The survey responses came from six Asian markets, including Hong Kong.
10th Belt and Road Summit generates $7.8b in MOUs and new projects
This is a total of nine MOUs signed with the government and 36 other agreements.
HK Jockey Club amongst top 20 largest corporate givers globally
The report found 60% of Asia’s largest corporate givers are founder or family-led.
HK and Oman sign MoU on investment cooperation
The MoU focuses on sharing information on investment opportunities.
Hong Kong says captive insurance is a tool for Belt and Road projects
Lau also said the scale of the Belt and Road Initiative brings complex risks.
Commentary
Strategic location tips for playgroups and education centres