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Hong Kong cracks down on alleged HK$700 million renovation bid-rigging syndicate

    Hong Kong cracks down on alleged HK$700 million renovation bid-rigging syndicate

    1 month ago02 mins

    Hong Kong’s competition watchdog has cracked down on a new syndicate suspected of bid-rigging in tenders for building maintenance projects across 17 estates and buildings, with the total value of contracts hitting HK$700 million (US$89.7 million). The two-day operation is the first major enforcement action led by the Competition Commission following the deadly Tai Po…

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    Bid-rigging and loopholes: pledges fall short of fixing Hong Kong’s building sector

      Bid-rigging and loopholes: pledges fall short of fixing Hong Kong’s building sector

      2 months ago02 mins

      New measures to strengthen Hong Kong’s building maintenance regime after the deadly Tai Po fire only scratch the surface of long-standing issues that require deeper systemic reforms and tougher laws, according to experts and industry figures. The damning verdict came after the government’s pledges and proposals on Wednesday to close policy gaps and tackle entrenched…

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      Hong Kong think tank backs call to make bid‑rigging a crime after fatal fire

        Hong Kong think tank backs call to make bid‑rigging a crime after fatal fire

        2 months ago02 mins

        Hong Kong should make bid-rigging a crime in the wake of the city’s deadliest fire in decades, a local think tank has urged, echoing a similar call from the city’s barristers. The proposal by the POD Research Institute came after the Hong Kong Bar Association formed a task force to review existing legislation following the…

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        Bar Association proposes targeted legislation on bid-rigging after Hong Kong fire

          Bar Association proposes targeted legislation on bid-rigging after Hong Kong fire

          3 months ago02 mins

          The Hong Kong Bar Association has proposed introducing targeted legislation to criminalise bid-rigging and make key construction safety guidelines legally binding, following the city’s deadliest fire in seven decades. The association formed a task force to review existing legislation after the Tai Po fire last month, with one of the preliminary goals being to criminalise…

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