Hong Kong’s MTR Corporation has urged rail passengers to plan ahead on Saturday as late-night travel along some parts of the Tung Chung line will finish early to allow for works connecting the track to a new station. The rail giant said on Wednesday that the second of four turnouts would be installed overnight on…
Some of the commercial sites of the Northern Metropolis could be rezoned for residential and other purposes according to the changing market situation, to give the megaproject more flexibility, Hong Kong’s financial chief has said. Financial Secretary Paul Chan Mo-po made the remarks on Sunday, two days after Secretary for Development Bernadette Linn Hon-ho said…
The Hong Kong government will offer eight small residential sites to developers in the coming financial year, aiming to provide about 4,450 private flats under the land sale programme. Secretary for Development Bernadette Linn Hon-ho said on Friday that the programme for the 2025-26 financial year would cover five new sites in districts with developed…
Another double blow has struck Hong Kong’s retail sector and consumer confidence with the closure of a health products chain and gourmet popcorn business. The latest setback must motivate authorities to do more to address the city’s economic woes, but it should also highlight the challenges posed by shifting consumer habits. One of the latest…
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…