As Hong Kong prepares for another major push in public works, one question deserves far more attention than it has received: are we buying infrastructure in a way that is sustainable for the construction industry and the public as a whole? In his February budget, Financial Secretary Paul Chan Mo-po announced that HK$150 billion (US$19.1…
Hong Kong’s capital market is likely to experience significant fluctuations this year owing to intensifying geopolitical risks, the city’s finance chief has warned, stressing the need for caution in financial management. Six weeks before the government unveils its annual budget, Financial Secretary Paul Chan Mo-po pledged to consider whether there is scope to adjust child…
Hong Kong’s heavy investment in public works will keep the capital account in deficit, highlighting the need for bond issuances to fund critical infrastructure and long-term development, the finance chief has said as he revealed the annual budget will be delivered on February 25. Financial Secretary Paul Chan Mo-po also said on Sunday that core…
Kalispell City Council at a work session Monday seemed to favor allowing on-street parking in front of Peterson Elementary School along Second Street West. School staff asked the city to consider on-street parking. The lot across the street at the former Armory property had been used for student drop-offs and pick-ups in the past, but…
Hong Kong authorities have temporarily barred a contractor from bidding for public road and drainage contracts following an accident in which a worker was killed by a falling steel beam at a site near the cross-border bridge to Macau and Zhuhai on Thursday. The Development Bureau said on Friday that the temporary ban was effective…