Observatory downgrades rainstorm warning from red to amber after earlier saying highest black rainstorm alert might be issued.
Lee George Lam denies link to US$12.5 billion fraud by Vietnamese real estate tycoon Truong My Lan, insisting he was not part of management of Saigon Commercial Bank at the time.
Massive blaze at Housing Society site in Tin Shui Wai brought under control, after marathon effort by firefighters who also deployed drones and robots.
Insiders hint ‘only some measures might be lifted’ while analysts say they are sceptical that home prices will soar even if all cooling measures are removed.
With fourth deficit in five years being estimated to be over HK$100 billion, Chan expected to deliver measures to boost income, cut expenditures and develop new industries.
Structural change in fiscal reserves suggests government more likely to dip into Future Fund earlier than expected, economists say.
City’s first satellite manufacturer, Uspace Technology Group, expects half of the units it produces annually will go to the Greater Bay Area, to spur digital transformation.
Hong Kong Design Centre says display at Statue Square Gardens in Central to take a pause as winds speed exceed tolerable limit for 12-metre heart-shaped installation.
Science Park to host centre for Contemporary Amperex Technology (CATL), according to government source, with about 500 staff to be recruited.
UN’s International Vaccine Institute and Cambridge University will set up labs at the University of Hong as part of new Global Health Institute.
Commerce chief Algernon Yau says Hong Kong should work harder to lure tourists.
Secretary for Commerce and Economic Development Algernon Yau brushes aside worries, pointing to his talks with American firms that are optimistic about city.
Population health professor Paul Yip says housing incentive will be much more successful way to encourage childbirth than handing out one-off cash allowance.
Measures to boost birth rate and improve city’s innovation hub status are also high on the agenda as Lee plots fixes for structural problems in economy, source says.
Five years into Xiang Zhang’s tenure as president, powerful positions still do not have permanent hires, while other top employees are taking on multiple roles.
Council chairwoman Priscilla Wong says governing body to take seriously misconduct allegations raised in string of anonymous emails sent to members.
University council members told in meeting that president Xiang Zhang will endorse Professor Wallace Lau for position, the Post has learned.
The task force was set up last week at a crucial time for Hong Kong’s capital market. About HK$115 billion of shares changed hands everyday on average in the first six months, a drop of about 16 per cent from last year.
Source stops short of saying whether lowering stamp duty will be considered, but some experts say move would strengthen bourse’s competitiveness.
West Kowloon Cultural District Authority has submitted a proposal to the government to improve the art hub’s financial self-sufficiency.
Typhoon Doksuri will be closest to Hong Kong on Friday morning, at around 400km to the east of city, the Observatory says.
Urban Renewal Authority chiefs blame loss on downturn in the property market.
Former commerce secretary Frederick Ma, also an adviser to the city’s leader, raises idea after earlier opposing housing plan to build 12,000 affordable flats on plot.
Development Bureau says proposal needs to be revised at some point next year to accommodate latest conservation requirements.