Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

    Hongkong Land acquires Singapore’s Wheelock Place in US$900m deal

    Hongkong Land will acquire Singapore’s Wheelock Place for about S$1.1 billion (US$900 million) through its Singapore Central Private Real Estate Fund (SCPREF), marking the fund’s first acquisition since its launch in February. The mixed-use commercial property on Orchard Road is being acquired from an entity owned by Hong Kong-listed Wharf Real Estate Investment Company, according…

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    Squally thunderstorms set to hit parts of Hong Kong within hours

      Squally thunderstorms set to hit parts of Hong Kong within hours

      Hong Kong’s weather forecaster has warned that downpours are approaching the city, saying they are expected to become more frequent throughout the day. A spokesman for the Hong Kong Observatory said at 8.20am on Tuesday that an area of thundery showers over western Guangdong was gradually moving eastwards. “Showers are expected to be heavier in…

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      Hong Kong tightens imported worker scheme but open to making it permanent

        Hong Kong tightens imported worker scheme but open to making it permanent

        The Hong Kong government has said it is open to making a controversial labour importation scheme permanent, with tighter hiring rules for the catering industry and stiffer penalties for non-compliant employers to take effect on Tuesday. Commissioner for Labour Sam Hui Chark-shum said on Monday that the Enhanced Supplementary Labour Scheme (ESLS), launched in September…

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        Hong Kong issues year’s first ‘very hot weather’ warning

          Hong Kong issues year’s first ‘very hot weather’ warning

          This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong issued its first “very hot weather” warning of the year on Tuesday, with temperatures expected to reach as high as 33 degrees Celsius (91.4 Fahrenheit). The forecaster said an anticyclone aloft would…

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