As Hong Kong moves forward with its huge new Northern Metropolis development zone, analysts argue the government should take a cautious approach to land sales to help sustain the recent recovery in the residential property market. The large-scale project near the border with the Chinese mainland continues to progress, as the government set a tender…
Hong Kong authorities have extended the tender deadline for the next Kai Tak Cruise Terminal operator by a month, after bidders sought more time to prepare for new management requirements and key performance indicators. The Culture, Sports and Tourism Bureau said on Friday that the tender’s closing date would be extended from May 22 to…
A Hong Kong social enterprise known for serving underprivileged residents has seen its comeback derailed by a technical error from housing authorities in the tendering process for shop space. The owner of Agape Garden, a restaurant that was forced to close in July last year due to an abrupt government decision to reclaim the space,…
Hong Kong’s Hung Shui Kiu industrial park will leverage its location advantage to focus on advanced manufacturing, including proprietary Chinese medicine products, in a bid to differentiate itself from the San Tin Technopole, according to development authorities. While the government has yet to set key performance indicators (KPIs) for the company operating the park, a…