Hong Kong Government
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t eases mortgage measures to boost property market
The maximum loan-to-value ratio for all properties has been adjusted to 70%.
Gov’t proposes policy to reclassify compliant SDUs as basic housing units
This will allow owners of upgraded SDUs to apply for BHU recognition.
Gov’t registers 24 land transactions in Q3
The transactions realised a total land premium of $1.89b.
Gov’t amends statutory compulsory sale regime
The amendment will take effect on 6 December.
Gov't calls on businesses to use plastic alternatives as deadline nears
The regulation has driven a trend of waste reduction across sectors.
Gov’t issues three pre-sale consents for residential developments in Q3
The developments will provide 213 residential units.
HKSAR and Beijing sign cooperation agreement on industrialisation efforts
The agreement will also promote cooperation in industry and information technology.
Gov't introduces 5% concessionary tax for IP development
The initiative aims to stimulate the commercialisation of IP.
HK implements advance flight info system to boost border control
A rollout phase will be implemented to allow over 100 operators to connect to the system.
Hong Kong reappoints RTHK chairman of the board
Five incumbent members of the board were also reappointed.
Shenzhen-Hong Kong-Guangzhou sci-tech cluster remains 2nd globally
The cluster filed 2,303 Patent Cooperation Treaty applications per 1 million inhabitants during 2019 to 2023.
Gov’t suspends Causeway Bay restaurant Food Business Regulation breach
This will be until 7 September.
Gov’t approves 12 building plans in June
The approved plans are for residential, commercial, and industrial developments.
Hong Kong warns consumers on toilet roll brands that may clog drains
Four toilet paper brands were found to have a high tendency to clog drainpipes.
InvestHK projects 47% rise in Belt & Road companies’ presence in 2024
In H1 2024, 15% of newly-expanded firms in Hong Kong were from Belt and Road economies.
Govt launches new funding scheme to subsidise industrial site development
The scheme offers companies up to $45m in funding for three projects.
Gov’t to use North Lantau HKICC site for AsiaWorld-Expo expansion
Medical equipment, furniture, and consumables will be transferred to public hospitals.
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