He is coming into office with the unreserved support of the world’s richest man, according to the Bloomberg Billionaires Index – tech mogul Elon Musk – who has just been named to lead a new department of efficiency. The massive power Trump now wields has sent shock waves across the US and around the world….
Macau should bring in more overseas travellers instead of relying on mainland Chinese to fulfil Beijing’s vision of the gambling hub becoming an international cosmopolitan centre, one of the casino city’s most prominent billionaires has said. MGM China chairwoman and executive director Pansy Ho Chiu-king outlined ways on Saturday the city could answer the call…
Hong Kong’s Urban Renewal Authority has launched free tours after recruiting retired volunteers to tell residents first-hand stories about Central and Sheung Wan districts, paving the way for more in-depth offerings for visitors. The “Touring Central with Locals” walks also feature digital art integration at five locations where the authority applied augmented reality (AR) technology…
A university town will be home to Hong Kong’s biggest public hospital with 3,000 beds, serving a population of at least 32,000 people and supporting the city’s third medical school, with the first batch of residents moving to the area by 2034. The release of details on Wednesday about the new town in Ngau Tam…
Chief Executive John Lee Ka-chiu has assured that Hong Kong’s business leaders have the freedom to make their own investment decisions, despite a top Beijing official’s call for their active participation in the city’s long-term development. But the city leader also said on Tuesday the business sector could further contribute to making Hong Kong a…
Beijing is worried that Hong Kong developers’ tepid response to local megaprojects may further erode investor confidence and this was why a top central government official took on the task of cajoling the private sector on behalf of city authorities, political analysts have said. Economic and property specialists said the central government’s “explicit” call to…
Hong Kong would have needed “at least a few more years” to wipe out its notorious subdivided flats if authorities had set standards requiring landlords to offer bigger homes for rent, the city’s housing chief has said. The government has proposed eight square metres (86 sq ft) as the minimum size, a target that has…
Beijing’s point man on Hong Kong affairs has called on property tycoons to back the government’s long-term development drives such as the Northern Metropolis by actively bidding for the projects involved, the city’s development minister has said. Secretary for Development Bernadette Linn Hon-ho on Saturday revealed the appeals by Xia Baolong, director of the Hong…
Beijing’s point man on Hong Kong affairs has urged real estate tycoons and business leaders to “recognise their responsibilities” and take “concrete actions” to support the city’s economic development, the Post has learned. Even as he acknowledged them as a “major force” in the economy, Xia Baolong, director of the Hong Kong and Macau Affairs…
Chief Executive John Lee Ka-chiu unveiled new policies targeting Hong Kong’s notorious subdivided flats this week, aiming to improve the livelihoods of about 110,000 households living in the cramped homes. But critics have hit out at the government, saying the policy legitimises the problem by effectively allowing 70 per cent of the homes to stay,…