Hong Kong schools ramp up property investment, leasing as city eyes education hub status

Hong Kong schools ramp up property investment, leasing as city eyes education hub status

Hong Kong’s bid to be an international education hub is spurring investments in the city’s battered commercial property segment, with hotels being converted to student housing and schools becoming a major driver of leasing in the retail sector, according to analysts. So far this year, investors have spent HK$2.6 billion (US$334 million) in the student…

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Hong Kong rules out pre-made restaurant meal labelling despite consumer concern

Hong Kong rules out pre-made restaurant meal labelling despite consumer concern

Hong Kong authorities have ruled out the possibility of requiring labelling for pre-cooked meals at restaurants, citing the absence of uniform standards and varying interpretations of the concept. Secretary for Environment and Ecology Tse Chin-wan told lawmakers on Thursday that the government would continue to develop standards and certifications for prepared dishes to support the…

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Hong Kong’s John Lee rejects suspension mechanism idea for labour import scheme

Hong Kong’s John Lee rejects suspension mechanism idea for labour import scheme

Hong Kong’s leader has ruled out introducing a suspension mechanism for the city’s labour importation scheme or fining employers for abusing the policy, amid calls to further tighten labour rules to mitigate rising unemployment in some sectors. Chief Executive John Lee Ka-chiu said on Sunday that the city was undergoing an economic transformation, but locals…

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Hong Kong’s new civil servant accountability system to ensure government ‘keeps fit’

Hong Kong’s new civil servant accountability system to ensure government ‘keeps fit’

A new accountability system for senior civil servants aims to strengthen the fitness of government departments and raise public trust in authorities, Hong Kong’s leader has said. Chief Executive John Lee Ka-chiu told a radio programme on Saturday that the measure would push department heads to consistently look for areas for improvement, likening the practice…

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