Swire Properties and New World Development (NWD) said they have saved a combined HK$86 million (US$11.09 million) on electricity in the last financial year thanks to their sustainable buildings.

In abolishing the double stamp duty, the government is trying to breathe life into a market where transactions never surpassed 10,000 in any year since.

Hong Kong stocks advance after 15 Asia-Pacific nations agreed to a regional trade cooperation. Investors also load up Meituan, Anta and Budweiser shares ahead of their inclusion as Hang Seng Index constituents.

Meituan will get a 5 per cent weighting, in a long-awaited move that will raise the status of technology companies in Asia’s third-largest stock market.

Cathay Pacific now needs to demonstrate inclusion, transparency and fairness towards employees, as faith alone will not repair the damage done to public trust.

The price translates to HK$15,609 per square foot, which is 18 per cent lower than what Swire earned two years ago when it sold two neighbouring towers.

Swire Properties’ interim core profit plunged 80 per cent HK$3.75 billion, as its rental income from offices, shopping centres and hotel occupancy at its Pacific Place mixed-use complex in Admiralty plunged amid dwindling business and leisure visitor numbers.

Airline received economic lifeline from Hong Kong government in summer to stave off collapse during Covid-19 pandemic.

The outlook for Vietnam’s property market remains positive despite a drop in home sales, rents and the supply of new homes, because of its success in controlling the spread of the coronavirus pandemic.

Fundraising is the largest of its kind in Asia to date, according to plant-based pork maker Green Monday Holdings.

It’s too early to tell if promotions are enough to get shoppers back to spending money at shopping centres, analysts said, as remaining social-distancing rules and th