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Communications Authority unveils licence for wireless IoT devices
It’s an effort to embrace disruptive technology for future smart city applications.
Communications Authority unveils licence for wireless IoT devices
It’s an effort to embrace disruptive technology for future smart city applications.
Housing Authority to launch mobile app
It will be aimed at public rental housing tenants.
Mortgage loans grow to $1.19b in October
However, mortgage applications and approved loans fell.
HKMA launches fintech supervisory chatroom
It seeks to provide early-stage feedback on fintech proposals.
Exhibition industry contributes $52.9m to 2016 GDP
The industry also generated 77,000 jobs in the same period.
What you need to know about the 7th Only Watch auction
It took place in Geneva last November 11.
DHL expands Central Asia Hub in Hong Kong for $3.09b
It will increase capacity to 125,000 shipments per hour.
Hong Kong inks free trade and investment agreements with ASEAN
The pacts will take effect in 2019.
Patek Philippe presents patek.com in a totally new format
Site adaptable to all devices.
Composite interest rate down to 0.3% in August
It was caused by a slight decline in the banks' weighted funding cost.
Six public housing blocks to be redeveloped from April 2020
The clearance will yield a total of 4,000 housing units. Six public housing blocks in Wong Tai Sin and Sham Shui Po will be cleared for redevelopment, the Housing Authority said. The redevelopment of Mei Tung and Mei Po houses in Mei Tung Estate, Wong Tai Sin, will yield 2,100 public housing units and a primary school, while demolishing the four blocks at Pak Tin Estate, Sham Shui Po, will provide 1,900 units. The clearance will be conducted from April 2020 to January 2021 and affected tenants will receive prior notices of up to 41 months. The authority's Subsidised Housing and Commercial Properties committees have approved the rehousing arrangements for affected domestic and commercial tenants. Mei Tung Estate's 630 households will be accommodated in Tung Tau Phase 8 in mid-2020. They can also choose to leave in mid-2018 for flats in On Tai Estate on Anderson Road. Pak Tin Estate's 2,280 households will be assigned flats in the redeveloped blocks of the same estate from 2019. They can also choose to leave in mid-2018 for flats in So Uk Phase 2. Domestic tenants will receive removal allowances ranging from $5,126 to $19,649. For those who prefer Home Ownership Scheme flats to public housing units, they will be accorded priority in flat selection in the upcoming HOS sales. Commercial tenants will be offered an ex-gratia allowance equivalent to 15 times their monthly rent. They will also get a lump sum payment of $133,000 or the chance to participate in restricted tender exercises for shop stalls in the authority's markets. Successful bidders will be given a three-month rent waiver.
Land Supply Task Force to launch a public engagement exercise
The group will seek the public's views on boosting land supply.
Mandatory Provident Fund plan to be finalised
It's planning to scrap the MPF offestting mechanism.
Apple tightens online sales policy in Hong Kong
The company disallowed returns and exchanges of all products bought online.
FTLife launches MediSave Medical Account
This is to keep pace with rising health care costs while growing wealth.
Broadridge Asia Pacific Ltd wins 2017 Hong Kong Business International Business Award for Financial Technology
The fintech firm’s outstanding project for a Japanese client was recognised.
Bike-sharing firm to offer free rides amidst parking concerns
This is to urge users to leave bikes at designated areas.