Hong Kong signs aviation deals with 7 countries to expand global reach

    Hong Kong signs aviation deals with 7 countries to expand global reach

    Hong Kong has signed aviation agreements with seven countries – mostly in Latin America – to expand its global reach and make better use of the airport’s three-runway system, according to a senior official. Secretary for Transport and Logistics Mable Chan on Tuesday revealed that the government had signed deals with the Latin American countries…

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    Sales of Lai Sun Development’s The Parkland residential project. Photo: Jonathan Wong

      Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

      Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed trading on the Hong Kong stock…

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      Sales of Lai Sun Development’s The Parkland residential project. Photo: Jonathan Wong

        Hong Kong developers Emperor and Lai Sun find relief amid debt pressures

        Emperor International Holdings has secured bank approval to resume borrowing under existing terms by nearly two years, providing the embattled Hong Kong developer with much-needed breathing room after it failed to meet HK$16.6 billion (US$2.13 billion) in debt obligations in July. Meanwhile, shares of Lai Sun Development (LSD) resumed trading on the Hong Kong stock…

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