The sole residential site included in the Hong Kong government’s latest land sale programme has attracted interest from a host of major developers, with 10 tenders being submitted before a noon deadline on Friday. Chinachem Group, Wheelock Properties, Kerry Properties and Sun Hung Kai Properties all confirmed to the South China Morning Post that they had submitted individual bids for the site on Fat Kwong Street in Ho Man Tin, Kowloon, while Sino Land issued a joint tender with Great Eagle...
Read full articleGasoline and kerosene prices may increase, while diesel prices could see a rollback next week based on the latest movement in international oil prices, the Department of Energy (DOE) said Friday.
As education sector demand supports Hong Kong’s Grade A office leasing activity, analysts said infrastructure that will serve the Northern Metropolis could decide whether schools and universities move their administrative and other services to this potential new centre of the city. “Over the medium to long term, the Northern Metropolis could be a viable option for institutions seeking to expand their teaching, research and administrative facilities,” said Kelvin Lee, director at property agency...
Bangkok’s latest floods reveal the economic cost of treating recurring disasters as emergencies, exposing the need for permanent urban resilience and coordinated planning
German semiconductor maker Infineon Technologies has inaugurated a new manufacturing facility in Samut Prakan, marking one of the most significant recent additions to Thailand’s semiconductor ecosystem. The project, valued at about US$1.4 billion by Thailand’s Board of Investment, is designed as a backend manufacturing site covering power modules, discrete devices, wafer testing and research and […]
The Philippines is mulling whether to impose tighter regulations on artificial sweeteners following calls from the sugar industry to protect locally produced sugar, the DA said.
Consumer advocates are calling on the government to reconsider imposing higher excise taxes on vape products.
Filipinos with private insurance could see more of their medical costs covered as the Philippine Health Insurance Corp. (PhilHealth), major health maintenance organizations (HMOs), and private insurers have inked a memorandum of understanding (MOU) to coordinate benefits for primary care services.
Philippine share prices continued their decline on Thursday falling further within the 5,600 level as investors opted out of the local stock market amid rising global fuel prices.
The Department of Budget and Management (DBM) said Thursday about P2.412 billion was earmarked under the proposed P7.2-trillion 2027 national budget to help uplift micro, small and medium enterprises (MSMEs) in the country.
Hong Kong can attract more global biotech investments if the city builds up a new healthcare financial model, according to AstraZeneca, a Cambridge-based multinational pharmaceutical giant. While global drug makers have been doubling down on investments in mainland China in recent years, AstraZeneca brought over 60 clinical trials to the city and invested over HK$200 million (US$25.5 million) over the past three years. Hong Kong was still a key research and development hub for the firm, David...
Water service provider Maynilad said Thursday that it is preparing for the expected dry spell as a record-breaking El Niño is expected to affect the country starting this October.
The Department of Budget and Management (DBM) on Thursday said the proposed P7.2-trillion national budget next year earmarked over P11 billion for the Tulong Panghanapbuhay sa Ating Disadvantaged Workers (TUPAD) Program of the Department of Labor and Employment (DOLE).