Hong Kong authorities have expressed confidence they can better handle extreme weather events in the coming decades as they outlined strategies and upgrades to infrastructure worth more than HK$300 million (US$38.3 million) that will bolster defences against heavy rainfall, rising sea levels and storm surges. In a paper released on Friday for a discussion scheduled…
The 56-year-old landmark Grand Ocean Cinema in Tsim Sha Tsui will lower its curtains for good on June 2 when the tenancy contract for its operator ends, marking the latest in a string of movie theatre closures in the city. Cinema chain operator Golden Harvest announced on Wednesday that the venue was shutting down, becoming…
The new cycle of interest rate cuts spurred by the US Federal Reserve failed to lift Hong Kong’s secondary property market over the weekend, as cautious buyers from the mainland stayed on the sidelines. Only seven deals got done over the weekend, a decline of 53.3 per cent from a week earlier, marking a new…