Utilities
China Everbright Water’s H1 net profit down 8% to $581.15m
Direct and operating costs jumped 25%.
Libpet defines smart mobility with robotic wheelchairs and home control systems
Mobility tech for the physically challenged also offers convenience to the young and able-bodied.
Environmental Department adopts AI robot dog for air quality checks
The AI robot dog can identify pollution by sensing gas and tracking its source.
Govt raises parking fees
11 public car parks will be affected.
Hong Kong enforces waterworks amendment to curb overcharging
Failure to comply without a valid reason incurs a $10,000 fine.
Hong Kong authorities probe CLP Power for voltage dip incident
CLP Power Hong Kong was requested to submit a report regarding the incident.
Everbright Water advances further with Qingdao Zhangcun river project
The project has a concession period of 30 years.
3,000 retailers to sell designated bags for the MSW charging scheme
These retail points include supermarkets and pharmacies.
CLP Power addresses recent power outage in New Territories
Voltage dips and power interruptions have been reported.
Municipal solid waste disposal fees to start next year
The government will charge $365 per tonne for solid waste disposal.
Measure proposed to strengthen prosecution vs overcharging water bills
It proposes to mandate parties who charge water costs to keep receipt copies.
Government urged to aid Hong Kong convention and exhibition industry
45% of industry players are in danger of closing down.
SIIC Environment signs water treatment projects in Yangtze River Delta
The projects total 160,000 tonnes.
CNOOC bounces back after oil price plunged in Q1 2020
Stocks appreciated 34% in February 2021.
How power players are reducing reliance on coal
Through a joint venture, HK Electric and CLP Power are building an offshore LNG terminal as part of plans to import LNG for the first time.
Is metallurgical coal the next big goldmine for Asian investors?
China’s industrialisation drive and India’s growth requirements are poised to stoke demand for steel.
Commentary
Ginza-style commercial building in neighbourhood areas attracts local consumption