Browsing: Hong Kong

Kowloon Development shrugs off property market worries

Danny Chung:     Mid-sized developer Kowloon Development (0034) has shrugged off worries facing the property market and economy and will stick to its business plans as it seeks to maintain property sales. Speaking after the


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We can work it out: The art of negotiation

Danny Chung   We can work it out: The art of negotiation What does choosing which film to watch with the better half after dinner, buying a property and dealing with a child who wants a


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Government stands firm on premiums for co-operative sites

Danny Chung The government is standing firm on the requirement to pay premiums should owners of flats built under the civil servants co-operative building society scheme want to redevelop them in cooperation with developers. Speaking at


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Works departments to hire 141 staff in 2013-14

Danny Chung With developers, consultants and contractors all scrambling to increase their headcounts to cope with the increased workload from the public and private sectors, government works departments are also looking add new staff. Hidden away


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Public Works Sub Committee to review HK$24.7 billion for public works

Danny Chung The government will be looking for HK$24.7 billion worth of public funds for some big ticket projects when legislators review funding applications today. The Public Works Subcommittee of the Finance Committee will pore over


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MTR Corp Express Rail facing $3.64 billion unresolved claims

Danny Chung Railway operator MTR Corporation (0066) is facing at least HK$3.64 billion worth of unresolved claims from contractors over additional work and expense for the troubled Express Rail Link. According to a paper compiled by


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Works depts staff wages on the line in Legco filibuster

Danny Chung With the high drama of the current filibustering in the Legislative Council over the new government budget continuing to grab the news headlines, staff and contractors working for the government works departments will not


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Construction industry gearing up for competition law

Danny Chung The construction industry, which is sometimes known locally and overseas for its questionable business dealings, is gearing up to comply with a new competition law in Hong Kong. The Legislative Council last June enacted


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Town Planning Board rejects bus terminus redevelopment plan

Danny Chung Former bus operator China Motor Bus (0026) has failed to get planning approval for its long-delayed redevelopment project at its offices in Chai Wan. The Metro Planning Committee of the Town Planning Board last


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Highways Department rapped over Lantau Island road

Danny Chung Government auditors have blasted Highways Department over its performance in the planning and construction supervision of the improvement works for Tung Chung Road on Lantau Island. In its latest report released last week the


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