Singapore will explore opportunities arising from Hong Kong’s Northern Metropolis megaproject and its coming five-year development plan, the city state’s Prime Minister Lawrence Wong has said, stressing that relations between the two sides are “more important than ever” in a fragmenting world. Chief Executive John Lee Ka-chiu said on Friday that Wong’s visit – his…
In the summer of 1998, the usually placid air at the Hong Kong Monetary Authority’s headquarters in Citibank Tower suddenly evaporated as regional currencies collapsed like dominoes. Rapacious speculators had shorted currencies such as the Thai baht, the Indonesian rupiah and the Korean won and had profited handsomely. The contagion looked like it would also…
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…
Singapore’s Prime Minister Lawrence Wong will arrive in Hong Kong on Thursday for a three-day visit, meeting the city’s leader, politicians and businesspeople, and will also examine key sites in the Northern Metropolis megaproject to explore collaboration opportunities. It will be Wong’s first official visit to Hong Kong since he assumed office as Singapore’s fourth…
A man has been injured by two fighting cows while hiking near a Hong Kong reservoir. The 67-year-old reported the incident to police at about 7.30am on Monday after seeing two animals fighting on the MacLehose Trail, near the main dam of Shing Mun Reservoir in the New Territories. He said he was ‘caught in…
With the conclusion of China’s parliamentary “two sessions”, the approval of the 2026 government work report and 15th five-year plan – together with the foreign minister’s press conference – has sent a clear signal of China pursuing steady and quality-driven growth while projecting a firm and timely voice on the world stage. In the work…
In October last year, Singapore’s three-day Formula One (F1) Grand Prix showcased the tremendous economic impact that world-class sporting events can bring to a city. The event attracted more than 300,000 attendees, the second highest in its history. Since Singapore began hosting F1, the races have drawn more than 720,000 international visitors and generated about…
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…
Animal rights groups have urged Hong Kong authorities to review their culling strategy for wild boars and to install animal bridges and other measures to reduce human-wildlife conflict in urban areas after incidents involving wild boars and a buffalo. They warned that as urban expansion, particularly the Northern Metropolis project, cleared large tracts of land…
Proposed designated laws to streamline land-use approval procedures for the Northern Metropolis megaproject will not undermine the authority of Hong Kong’s town planning body, some experts have argued while urging the government to establish clear key performance indicators (KPIs) to strengthen market confidence. Observers were responding to a package of six subsidiary laws unveiled on…