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  • August 29, 2014
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  1. Property - Hong Kong & China - DEVELOPMENT

    More bidders for big Kwun Tong redevelopment after URA eases terms

    Posted Aug 26th 2014, 11:41pm by Yvonne Liu

    ... It means developers have to bear a higher investment risk and higher construction costs." The Kwun Tong redevelopment is the largest project undertaken by the URA. It covers more than 5.35 ...

    http://www.scmp.com/property/hong-kong-china/article/1581002/more-bidders-big-kwun-tong-redevelopment-after-ura-eases
  2. Business - Banking & Finance - DEVELOPMENT

    Competing interests between BRICS nations could lead to challenges for new bank: analysts

    Posted Jul 21st 2014, 03:18am by Daniel Ren, Teddy Ng, KRISTINE KWOK

    ... leaders from five emerging economies celebrated the birth of a new bank on the block. The New Development Bank is intended to rival Western-led financial institutions and become a more sympathetic ... nations, and the bank's relatively small initial capitalisation, present obstacles, they say. Founded by Brazil, Russia, India, China and South Africa, the bank will start lending by 2016 ...

    http://www.scmp.com/business/banking-finance/article/1556937/new-brics-bank-face-tough-challenges-analysts-say
  3. News - Hong Kong - DEVELOPMENT

    Experts slam lack of novel ideas to protect white dolphins from third runway construction

    Posted Aug 19th 2014, 04:18am by CHEUNG CHI-FAI

    ... subcommittee studying the report. "You just can't say let [the environmental impact] study pass first and we will see what we can do. Can you invest a little bit more? And don't always ...

    http://www.scmp.com/news/hong-kong/article/1576255/experts-slam-lack-novel-ideas-protect-white-dolphins-third-runway
  4. News - Hong Kong - DEVELOPMENT

    Lands officials not restricted from buying land, rule says amid conflict-of-interest row

    Posted Aug 09th 2014, 04:25am by Olga Wong, FANNY FUNG

    ... for the Kam Tin new town- in 2012. The circular states that "an officer must fully satisfy himself or herself that such an investment will not give rise to any actual or potential conflict ... to be tightened. "Buying land is a much bigger investment than buying stocks, so why are lands officials being stopped from buying stocks but not land," Wong asked. "The Lands Department ...

    http://www.scmp.com/news/hong-kong/article/1569479/lands-row-puts-rules-under-spotlight
  5. News - Hong Kong - DEVELOPMENT

    Official in lands row to get new posting

    Posted Aug 08th 2014, 05:28am by Olga Wong, FANNY W. Y. FUNG

    ... a disciplinary process or introduce stricter rules for its staff regarding any personal land investments. Anita Lam Ka-fun, an assistant director at the department who supervises four District Lands ... to the government. The company was closed in 2000. Company Registry records show that the couple now own a company called Luxcon Investment. The Lands Department has not answered the Post 's inquiry ...

    http://www.scmp.com/news/hong-kong/article/1568719/official-lands-row-get-new-posting
  6. News - Hong Kong - DEVELOPMENT

    Declaration of interest row after Lands Department official bought 13 plots

    Posted Aug 07th 2014, 04:25am by FANNY FUNG, Olga Wong

    ... on the Town Planning Appeal Board Panel. "Generally, civil servants who work at the Lands Department have the right to make private investments," the department said yesterday after Ming Pao ... declaration within seven days of buying the land. "We understand the investment concerned may still trigger public doubt despite the colleague concerned having complied with declaration ...

    http://www.scmp.com/news/hong-kong/article/1567858/row-over-officials-property-deal
  7. Property - Hong Kong & China - DEVELOPMENT

    Ghost buildings haunt Tianjin's 'Manhattan' project

    Posted Jul 02nd 2014, 04:49am by BLOOM

    ... Bloomberg in Beijing Failure to attract tenants underscores the fallout from a record credit-fuelled investment spree Ghost buildings haunt Tianjin's Manhattan The mainland's plan to build a replica Manhattan is taking shape against a backdrop of vacant office towers and unfinished hotels, underscoring the risks to a slowing economy from the investment boom. ...

    http://www.scmp.com/property/hong-kong-china/article/1544384/ghost-buildings-haunt-tianjins-manhattan-project
  8. News - China - DEVELOPMENT

    Xi Jinping hails 'new horizons' for China and Argentina on visit to Buenos Aires

    Posted Jul 20th 2014, 06:13am by Reuters

    ... Cristina Fernandez de Kirchner agreed on a US$4.7 billion loan from the China Development Bank for the construction of two hydroelectric dams in Patagonia. China Gezhouba Group and Argentina's Electroingenieria won contracts last year to build the two dams, which will have a combined generating capacity of 1,740 megawatts. The bank also granted a US$2.1 billion loan to finance a long-delayed ...

    http://www.scmp.com/news/china/article/1556670/xi-jinping-hails-new-horizons-china-and-argentina-visit-buenos-aires
  9. Business - China Business - DEVELOPMENT

    Hengqin seeks to woo investments from Hong Kong

    Posted Aug 12th 2013, 12:00am by Enoch Yiu

    ... to woo investments from HK Hengqin, formerly an oyster farming island next to Macau, is seeking investments and tourists from Hong Kong to develop the tourism and medical industries, according ... and technology industries. "Tourism will be our core development, but we would also like to develop financial services such as wealth management and private banking services," Niu told ...

    http://www.scmp.com/business/china-business/article/1296040/hengqin-seeks-woo-investments-hong-kong
  10. News - Hong Kong - DEVELOPMENT

    Tai O's stilt houses safe despite new zoning, say planning officials

    Posted Jul 05th 2014, 03:14am by FANNY W. Y. FUNG

    ... for conventional dwellings. Under an outline plan for the Tai O Town Centre, six hectares of land on the banks of Tai O Creek and along Shek Tsai Po Street- mainly occupied by wooden stilt houses built ...

    http://www.scmp.com/news/hong-kong/article/1546785/tai-os-stilt-houses-safe-despite-new-zoning-say-planning-officials

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