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  • September 2, 2014
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  1. News - Hong Kong - CONSTRUCTION

    Developers' terms 'pushing up building costs'

    Posted Sep 02nd 2014, 04:03am by CHEUNG CHI-FAI

    ... Cheung Chi-fai chifai.cheung@scmp.com Industry boss says onerous demands and labour shortage make life tough Developers' terms 'pushing up building costs' Hong Kong builders say increasingly onerous demands and "unfair" contractual terms imposed by developers have contributed to a sharp rise in costs that have helped make the city the most expensive ...

    http://www.scmp.com/news/hong-kong/article/1583165/developers-terms-pushing-building-costs
  2. News - Hong Kong - AWARDS

    US engineering student develops clean cooker using sun's rays

    Posted Sep 02nd 2014, 04:03am by Annemarie Evans

    ... Annemarie Evans annemarie.evans@scmp.com A mishap with a job led US engineering student Scot Frank to Qinghai, where he helped invent a solar device to make cooking safer and cleaner Clean cooking with the sun's rays American engineering student Scot ...

    http://www.scmp.com/news/hong-kong/article/1583092/us-engineering-student-develops-clean-cooker-using-suns-rays
  3. Lifestyle

    Smartphone app that measures air pollution being developed

    Posted Sep 01st 2014, 10:39am by ALAN YU

    ... Alan Yu alan.yu@scmp.com It may soon be possible to avoid the worst-affected streets Haze of our lives App developers worldwide are working on technology that will inform users which ... databases. The data was also difficult to understand, says Ziv Lautman, a fellow environmental engineer who partnered with Korber to develop a solution. The duo wanted to know which districts had ...

    http://www.scmp.com/lifestyle/article/1581750/smartphone-app-measures-air-pollution
  4. Property - Hong Kong & China - PROPERTY

    Leading developers back in the hunt for more land

    Posted Sep 01st 2014, 04:10am by Peggy Sito

    ... Peggy Sito peggy.sito@scmp.com Homebuilders take cue from stabilising market after boosting cash positions from recent sales Leading developers back in the hunt for more land Flush with funds after a spurt in sales, many leading developers have again started to shop for land as confidence returns on signs that the housing market is stabilising. However, they will not pay ...

    http://www.scmp.com/property/hong-kong-china/article/1582417/leading-developers-back-hunt-more-land
  5. Property - Hong Kong & China - COMMERCIAL PROPERTY

    18 developers bid for first commercial site in Kowloon released in 16 years

    Posted Aug 29th 2014, 03:40pm by Yvonne Liu

    ... attracted 18 bidders yesterday. The commercial site at Middle Road, a former multi-storey car park next to the Sheraton Hong Kong Hotel and Towers, received bids from various developers and firms ... would be good no matter if the winning bidder built a hotel or an office," said Reggie Lai Yui-chung, project planning manager at Billion Development, a developer focused on office ...

    http://www.scmp.com/business/companies/article/1581691/rare-tsim-sha-tsui-site-attracts-17-developers
  6. Lifestyle - Family & Education - INSIGHT

    Teacher development policies need to be more ambitious

    Posted Aug 29th 2014, 03:48pm by ROBIN CHEUNG

    ... Robin Cheung life@scmp.com Time to step it up on professional development The continuing professional development policies for teachers and principals have been in practice for more than a decade. They allow schools to enjoy three paid days for staff development each academic year. Teachers and principals also have to undertake professional development in three-year cycles, each one ...

    http://www.scmp.com/lifestyle/family-education/article/1581686/teacher-development-policies-need-be-more-ambitious
  7. Business - Companies - PROPERTY

    Developer China Vast profit drops 17.7pc

    Posted Aug 29th 2014, 11:03am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com China Vast Industrial Urban Development, a Chinese developer newly listed in Hong Kong, reported on Friday morning that its net profit dropped 17.7 per cent in the first half to 449.95 million yuan (HK$565.74 million) from the same period last year as taxes and cost of servicing loans jumped. The developer, which made its debut in the Hong Kong bourse ...

    http://www.scmp.com/business/companies/article/1581660/developer-china-vast-profit-drops-177pc
  8. Business - Companies - EARNINGS

    Citic’s interim core profit flat, supported by earnings from property development

    Posted Aug 29th 2014, 02:14pm by Eric Ng

    ... in the property business, including in developing nations, chairman Chang Zhenming told reporters after the company posted flat recurring profit for the first half of the year when one-time gains ... while net earnings from property development and investment surged 181 per cent to HK$1.17 billion. Net profit of the energy generation business was flat at HK$874 million, while ...

    http://www.scmp.com/business/companies/article/1581677/citics-interim-core-profit-flat-supported-earnings-property
  9. Business - Companies - FUNDRAISING

    Chinese developer Country Garden launches HK$3.18b rights issue

    Posted Aug 28th 2014, 10:08am by Langi Chiang and Ray Chan

    ... Langi Chiang and Ray Chan Shares of mainland developer fall 5pc on fears over capital-raising exercise amid slowing sales Country Garden taps market for HK$3.2b Shares of Country Garden Holdings fell sharply yesterday after it became the first Hong Kong-listed mainland developer this year to launch a HK$3.18 billion rights issue amid an industry downturn. Investors are worried ...

    http://www.scmp.com/business/companies/article/1581381/chinese-developer-country-garden-launches-hk318b-rights-issue
  10. Property - Hong Kong & China - DEBT

    Chinese developers sinking into disguised debts

    Posted Aug 28th 2014, 05:03am by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com A rising issuance of perpetual bonds by mainland property firms is creating a greater level of indebtedness than interim results indicate Developers sinking into disguised debts Chinese developers' indebtedness is worse than shown in their interim results as a rising number of issued perpetual bonds, and limited disclosure on their terms, ...

    http://www.scmp.com/property/hong-kong-china/article/1581350/chinese-developers-sinking-disguised-debts

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