Vincent Mariel Galang
Bus fare increases to be implemented on 5 January
Bus fare increases to be implemented on 5 January
Fare increase is expected to be $1 or less per trip for the majority of passengers.
Gov’t penalises company and director $60,000 for labor law violation
This was on top of the $34,000 to be paid to the employee concerned.
Four more hydrogen fuel trials approved
To date, agreement-in-principle has been given to a total of 18 projects.
Hong Kong ranks 4th top source of cross-border capital
It ranked second amongst Asian countries.
Leaders call young entrepreneurs to seize Greater Bay Area opportunities
They also emphasised Hong Kong’s role in the development of the area.
Gov’t suspends Causeway Bay restaurant Food Business Regulation breach
This will be until 7 September.
Renewable energy segment boosts Towngas Smart Energy’s H1 earnings
Its core operating profit also leaped over 50%.
CBRE handles sale of Eco Tree Hotel Hong Kong
Tender deadline is on 26 September, 12 p.m.
HKMA, Cyberport launch GenA.I. Sandbox for financial sector
This aims to boost AI adoption.
China Everbright Water’s H1 net profit down 8% to $581.15m
Direct and operating costs jumped 25%.
CLP Holdings earnings up 17.6% to HK$5.95b in H1
Thanks to strong performance in Hong Kong and other markets.
HKBU develops more accurate way to inspect sulphur-treated food, Chinese herbal medicine
This approach uses tryptophan sulphonate.
Gov’t announces land resumption and acquisition for Tai Po housing development
Over 1,600 sq.m. will be resumed and acquired.
Lands Department sells Sha Tin non-industrial site for $619m
This was awarded on a 50-year grant.
Transaction volume in property investment market to reach $20b in H2: Colliers
This will bring total volume to $30b, down 19% YoY.
CLP Power taps Australian market with $337.5m Kangaroo bond
This is a first by a Hong Kong commercial corporate entity.
Towngas rolls out flood prevention, other measures to ensure supply during typhoon season
Inspections are also being conducted.
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