Hong Kong’s leader aims to elevate the city into a “world-class high-end art trading hub” to rival New York under measures to be revealed in his fourth policy address next Wednesday, the Post has learned. Efforts to strengthen the city’s multibillion-dollar art trading industry would include boosting services in financing, insurance and professional training, and
University students from mainland China and overseas will be among the 6,000 riders invited to join Hong Kong’s annual Cyclothon, which is returning in November. “The Hong Kong Cyclothon is a prime example of our city’s growing importance on the global sports stage,” said Tourism Board Chairman Peter Lam Kin-ngok on Friday. “It offers a
The worst seems to be over for Hong Kong’s property sector, with more investors likely to snap up distressed assets in the coming months and home sales set to continue improving as the market anticipates faster interest-rate cuts, according to a JPMorgan researcher. The city’s real estate industry had been battered, with several listed property
Hong Kong education authorities will not process “at this stage” an application by a US-based church to set up a new international school to replace a top institution being sued for allegedly only serving the “rich”, due to the ongoing legal proceedings. The Education Bureau on Friday told the Post that it had already received
Hong Kong authorities have suspended part of the construction work on a light public housing project after discovering irregularities in some bolts, ordering the contractor to investigate and fix the problem. The Housing Bureau said on Friday that it found 23 construction bolts had been cut without permission on the fourth and fifth floors of
Few Hongkongers have the vaguest idea of the scale of government procurement, even though it is everywhere around us. The Government Transparency Institute, which tries to monitor government procurement worldwide, estimates it accounts for around 30 per cent of government spending. Worldwide, public procurement shares at least three characteristics. First, it is a colossal business
Hong Kong authorities are investigating a fatal industrial accident involving a 45-year-old technician suspected of being fatally electrocuted at a primary school in Sheung Shui. Police were alerted at 10.53am on Friday to the incident at the campus on Wo Muk Road in Fanling. The worker, 45, was believed to have been electrocuted before losing
The worst seems to be over for Hong Kong’s property sector, with more investors likely to snap up distressed assets in the coming months and home sales set to continue improving as the market anticipates faster interest-rate cuts, according to a JPMorgan researcher. The city’s real estate industry had been battered, with several listed property
