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Steelfixing daily rate to rise to $1,490

Danny Chung Main contractors will be coughing up more and earlier too for steelfixing labour as a predetermined wage increase agreement kicks in. In a joint press release last Friday, the Hong Kong Bar-Bendering Contractors Association


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Report: Management grade pay higher than Hong Kong median salary

Danny Chung Management and professional grade staff working in the construction industry continue to be command higher salaries than the median Hong Kong salary according to a new industry report. According to the “Hong Kong Construction


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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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Court throws out bid for judicial review on radar station

Danny Chung: Appeal judges have thrown out a bid by a villager in Tuen Mun for a judicial review that, if successful, could have stopped the construction of a vital weather radar station in its tracks.


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Airport Authority plans shopping complex at golf course

Danny Chung The Airport Authority Hong Kong is looking to redevelop its golf course in order to allow expansion of its SkyCity development at Hong Kong International Airport to cash in on the expected influx of


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HK4.8 billion Tuen Mun to Chek Lap Kok Link funding review

Danny Chung Legislators will review a request by the government this Friday for funding of HK$44.8 billion at money-of-the-day (MOD) prices for the long-awaited Tuen Mun to Chek Lap Kok Link. In a paper submitted to


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Hsin Chong buys Beijing property for $975 million

Danny Chung Mid sized contractor Hsin Chong Construction Group (0404) will buy a commercial property in Beijing for 780 million yuan (HK$975 million) in its drive to build its property business in China. In a stock


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More residential and office completions in 2013

Danny Chung Property developers are on course to complete more residential and office space for 2013 as uncertainty continues to loom over the property market. According to preliminary statistics by the Rating and Valuation Department, about


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Cost of reclamation for artificial islands needs to be capped

Danny Chung Artificial islands, as proposed by the Government in the 2013 Policy Address, may need to be built in shallower waters in order that are economically viable as a source of new land, according to


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