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Last of HK$28 mln ransom found in Bossini kidnapping

... in a grassland in Ma On Shan, the last tranche of ransom money paid by the family of Bossini heiress Rosita Law to her kidnappers, Apple Daily reports. About HK$110,000 is still missing which authorit ...More

EJ Insight2016-03-04

Goldin Financial wins prime site in Ho Man Tin for HK$6.38 bln

Goldin Financial Holdings Ltd. (00530.HK) bid HK$6.38 billion to win a prime residential site on Sheung Shing Street in Ho Man Tin. The land premium translated into HK$10,900 per square foot of gross  ...More

EJ Insight2016-03-03

Energy firm chief dies in car crash a day after indictment

... l and gas land around the United States and Australia. Tuesday's indictment followed a nearly four-year federal antitrust probe that began after a 2012 Reuters investigation found that Chesapeake had ...More

EJ Insight2016-03-03

Soaring Shenzhen home prices a repeat of HK in 1997

... es. A mainland broker estimates that the ratio of home prices to household income is 28.17 times, which means a middle-class family will need 28.17 years to buy a flat even if they don't have any livi ...More

EJ Insight2016-03-02

Why the kuk is setting up a New Territories party

... political landscape for decades. It is a statutory advisory body comprising representatives of 27 rural villages in the New Territories. The kuk's existence is based on the Heung Yee Kuk Ordinance, an ...More

EJ Insight2016-03-02

DBS Vickers sees 15% rise in home prices in key Chinese cities

Property prices in first-tier mainland cities will rise 10 to 15 percent this year, following an 18 percent surge in 2015, amid supportive measures from the government, DBS Vickers (Hong Kong) Ltd. sa ...More

EJ Insight2016-03-01

Mobile office man set up in diner sparks online discussion

... ortage of land had forced the man to make do. Many netizens gave the man a thumbs up, saying his setup was probably more comfortable to work at than using a laptop. -- Contact us at [email protected] T ...More

EJ Insight2016-03-01

What to do with the big fiscal surplus?

...  increase land supply, and home prices have declined recently, we still think Hongkongers suffer from a housing problem, given high rents and home prices. As the government has reiterated it has no in ...More

EJ Insight2016-02-29

Hong Kong goes gaga in chase of HK$100 mln Mark Six jackpot

All roads lead to betting shops with thousands of players hoping to land the big prize in the 40th anniversary draw of the Hong Kong Mark Six lottery on Tuesday. Up for grabs is a HK$100 million (US$1 ...More

EJ Insight2016-02-29

Pearl River Delta migrant workers return to struggling factories

Millions of migrant workers returning to China's industrial heartland after the long Lunar New Year break are facing an uncertain future. In Guangdong province, which accounts for around a quarter of ...More

EJ Insight2016-02-29

Boy stuck for 6 hours in first vending machine he had ever seen

... in Arnhem Land, Northern Territory, and I don't think he's seen a vending machine before, so he saw the Oreos, and some biscuits and a few other things," Shorthouse was quoted as saying. Arnhem Land i ...More

EJ Insight2016-02-29

ASEAN expresses serious concern over S China Sea developments

... Paracel island chain. "Ministers remained seriously concerned over recent and ongoing developments," the 10-member Association of Southeast Asian Countries (ASEAN) said in a statement after a regular ...More

EJ Insight2016-02-29

Guangzhou to gain bigger role in Pearl River Delta region

... struction land area in the city area will be limited within 1,772 square kilometers. The city will have six sub-centers by then. This article appeared in the Hong Kong Economic Journal on Feb. 22. Tra ...More

EJ Insight2016-02-27

Govt to release land supply for 28,600 homes in 2016-17

The Hong Kong government said it will release land supply in the coming fiscal year that could provide 28,600 homes, including 19,200 units from its land sale program, the highest since 2010. The 28,6 ...More

EJ Insight2016-02-26

No go for rail tunnel under Singapore rainforest, say activists

... ng to the Land Transport Authority (LTA) to re-route the 50-kilometer Cross Island Line around the Central Catchment Nature Reserve near the MacRitchie Reservoir, rather than through it, Reuters repor ...More

EJ Insight2016-02-26

Core earnings at Sino Land surge 75% on jump in property sales

Property sales at Sino Land Co. Ltd. (00083.HK) jumped 75.7 percent to HK$7.19 billion for the six months to Dec. 31 as three luxury projects in the New Territories and a high-end development in Wan C ...More

EJ Insight2016-02-25

Property curbs not going anytime soon, says Tsang

... Henderson Land Development Co. Ltd., said. Meanwhile, Midland Realty chief executive Sammy Po called more transparency in the real estate policy and a time table for the removal of restrictions. Other ...More

EJ Insight2016-02-25

Philippines still seeking to recover US$1 bln in Marcos assets

... ostly for land reform. Based on a Hawaii court ruling, 10 billion pesos (US$210.04 million) was used to compensate about 10,000 victims of human rights abuses. The government hoped to raise US$17.7 mi ...More

EJ Insight2016-02-25

'One country, two systems' in Malaysia

...  of the island of Borneo. West and East Malaysia are separated by part of the South China Sea. Sabah and Sarawak had gained a substantial degree of autonomy from the British colonial government before ...More

EJ Insight2016-02-24

RMB slide hits New World Development interim profit

...  and high land prices. The property market will stabilize after possibly witnessing another 10 percent correction in prices, the tycoon said. New World will not sell its properties at a steep discount ...More

EJ Insight2016-02-24

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