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  • July 31, 2014
  • Last updated: 1:56pm
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  1. Property - Hong Kong & China - C-SUITE

    Ownership reform will allow Cofco Land to become a global firm, chairman says

    Posted Jul 29th 2014, 03:29pm by Langi Chiang

    ... Langi Chiang langi.chiang@scmp.com Cofco Land chief Zhou Zheng says the firm aims to establish a diversified and mixed-ownership shareholding structure and improve its governance to become a truly global company Q&A Zhou Zheng was appointed chairman of Hong Kong-listed Cofco Land last year. He is also chairman of Shenzhen-listed Cofco Property. Both are property arms of Cofco ...

  2. Lifestyle

    Call for incentives to help farmers stay on the land and boost Hong Kong's self-suffiency

    Posted Jul 18th 2014, 10:42pm by Elaine Yau

    ... out, the remaining portion was government land, and when the Lands Department opened bids on a three-year lease, Lai found himself vastly outbid by a law firm, which offered to pay HK$120,000 ... and on the safe use of chemical pesticides. Since 1988, the department has also run a scheme that matches aspiring farmers with owners willing to lease agricultural land for cultivation. However, ...

  3. News - Hong Kong - AUDIT COMMISSION

    Highways Department under fire over extra HK$430m in highway costs

    Posted Apr 16th 2014, 07:09pm by Jennifer Ngo

    ... land on Stonecutters Island as a temporary worksite. When the land owner objected, the department had to use three alternative land lots, which incurred an additional cost of HK$23.8 million ... was omitted from the tender's bill of quantities, which required an additional HK$32.8 million to resolve. The Highways Department was also not informed of a consultant's request to review ...

  4. News - Hong Kong - DEVELOPMENT

    Tribunals to speed up stalled land negotiations

    Posted Jul 15th 2014, 04:29am by Olga Wong

    ... are delayed by negotiations over the land premium- the amount the developer pays the government to change use of the land. Negotiations between the Lands Department and developers can take up to three ... Olga Wong olga.wong@scmp.com Tribunals will resolve land-premium disputes in 10 weeks in bid to encourage redevelopment Plan to speed up stalled land negotiations Stalled land ...

  5. News - Hong Kong - OMBUDSMAN

    Ombudsman chides Lands Department for lax attitude to pet columbarium

    Posted May 10th 2013, 12:00am by Joyce Ng

    ... Joyce Ng joyce.ng@scmp.com 'Lax attitude' to pet columbarium The Ombudsman has chastised the Lands Department for being lax in cracking down on an illegal pet funeral business ... year. It found the department had taken little action since 2004, when the complainant first approached lands officers. They issued only warning letters to the business, which initially occupied ...

  6. Property - Hong Kong & China - CONCRETE ANALYSIS

    Lands Department controls the property market, not developers

    Posted Sep 12th 2012, 12:00am by Alnwick Chan

    ... Alnwick Chan Lands Department's discretionary power over land sales is what has slowed development. The system is unfair and bad for the economy Bureaucrats control the property ... parameters setting out gross floor area (GFA), uses, height, and other requirements. In addition, approval is required from the Lands Department for detailed design elements, as well from ...

  7. News - Hong Kong - COURTS

    Justice department sued over unpaid bill of HK$6.1m in Carson Yeung case

    Posted Jul 30th 2014, 04:38am by CHRIS LAU

    ... Chris Lau chris.lau@scmp.com Justice department 'owes HK$6.1m' for Yeung case A consultancy that helped the Department of Justice in its prosecution of businessman Carson Yeung Ka-sing for money laundering is suing the government for service fees of HK$6.1 million, a High Court writ shows. FTI Consulting (Hong Kong) said the department left unpaid bills dated as far back ...

  8. Business - Banking & Finance - RECRUITMENT

    ANZ Bank faces regional talent squeeze as top executives depart

    Posted Jul 28th 2014, 04:26am by DON WEINLAND

    ... Don Weinland don.weinland@scmp.com Australian bank loses two regional chiefs this year as it continues its push into Asia-Pacific ANZ faces talent squeeze as top executives depart ANZ Bank has lost two local chief executives in the space of two months as competition for talent heats up and the Australian-based bank pushes aggressively into the region. Susan Yuen resigned in June ...

  9. News - Hong Kong - ILLEGAL LAND USE

    Three blind departments finally act on hijacked Sha Tin land

    Posted Jan 11th 2013, 12:00am by Phila Siu

    ... a blindeye for 30 years Three government departments have finally pledged to tackle the illegal activity on a piece of official land- after ignoring its misuse for 30 years. The Lands, Transport, and Home Affairs departments are all responsible for the site in the New Territories in different ways. However, none has moved to stop the land being illegally used as a car park and hawking area. ...

  10. Business - China Business

    Briefs, September 26, 2012

    Posted Sep 26th 2012, 12:00am by STAFF

    ... in July. In the year's first eight months, net foreign exchange purchases were US$23.6 billion. Reuters   Two sites in eastern districts up for tender The Lands Department announced yesterday ... is in line with the central government's policy of regulating home prices to ensure healthy development of the housing market, the Municipal Land Resources and Housing Administrative Bureau said ...




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