A proposed increase in the Hong Kong government’s borrowing cap for its bond programmes to HK$900 billion (US$115 billion) will be sufficient to finance infrastructure projects over the next three years, officials have said, while leaving the door open to further rises in the long run if needed. Andrew Lai Chi-wah, permanent secretary for financial…
Hong Kong spent HK$1.13 billion (US$144.27 million) on the Legislative Council election last year, or nearly 35 per cent more than on the previous poll, with authorities citing rising technology expenses, staff salaries and venue rentals for the increased expenditure. In a written response to lawmakers’ inquiries that came to light on Thursday, the Registration…
The HK$2 (US$0.26) transport fare scheme for the elderly is one of Hong Kong’s most socially significant success stories. But some of the recent changes, and further ones contemplated, seem to be rowing in a different direction. We need to pause and take stock before we inadvertently undo some of our good work. In the…
Hong Kong’s East Dam welcomed about 1,400 visitors daily over the first four days of the Easter break, despite the adverse weather, conservation authorities have said, while revealing littering and illegal camping figures for the site and the surrounding area. The Agriculture, Fisheries and Conservation Department (AFCD) said on Tuesday that it recorded 18 cases…
Hong Kong’s key decision-making body has approved plans for an elevated smart mass transit railway system in Kai Tak that will connect the cruise terminal and other major facilities in the area to the local MTR station. The Executive Council’s endorsement followed meetings between authorities and project critics and consultations with the public and the…
Hong Kong railway experts have called for heavier penalties and increased publicity to prevent the misuse of emergency exits on trains after a recent intrusion incident on the MTR East Rail line track that caused more than two hours of disruption during evening rush hour. The experts also cast doubt on a lawmaker’s proposal to…
Hong Kong lawmakers have expressed concern over the lack of a car park at the upgraded Huanggang border crossing, saying that providing a shuttle bus service for tour groups or motorists to reach the checkpoint building will not be convenient. Secretary for Security Chris Tang Ping-keung said on Friday that the revamped building – which…
Hong Kong’s legislature will retain the power to scrutinise boundary changes for the Northern Metropolis megaproject proposed by the executive branch, the city’s development chief has said, addressing concerns over proposed laws to fast-track the scheme. Under proposed legislation comprising six main subsidiary laws designed to remove bottlenecks in the massive scheme near the border…
Contractors could face fines of up to HK$400,000 (US$51,068) for failing to prevent smoking at construction sites in Hong Kong under a government proposal to improve safety following the deadly Tai Po fire last November. The proposals, outlined in a paper prepared by the Labour Bureau, aim to tighten existing workplace safety laws and impose…
Hong Kong is ready to discuss land, tax incentives and financial support for businesses setting up in the Northern Metropolis, the finance chief has told a trade seminar in Beijing, stressing a “flexible and innovative” approach will be taken with developing the megaproject. Financial Secretary Paul Chan Mo-po on Thursday also met Xia Baolong, Beijing’s…