PERSPECTA

News from every angle

Results for "Northern Metropolis"

69 stories found

Hong Kong Overtakes Switzerland as World's Largest Cross-Border Wealth Hub
WorldReutersbloombergFT+18nzzSCMPhvgYahooTimes of Indiahindustan-timesindian-expressstraits-times+10 more2mo ago21 sources

Hong Kong Overtakes Switzerland as World's Largest Cross-Border Wealth Hub

Hong Kong has surpassed Switzerland to become the world's largest cross-border wealth management hub, according to a BCG report. This shift signifies a major development in global financial markets.

Typhoon Dolphin Batters Okinawa, China Braces for Landfall
WorldBBCFTAl Jazeera+25nosDWSCMPorftvn24publicoThe Independentindex-hr+17 more3d ago28 sources

Typhoon Dolphin Batters Okinawa, China Braces for Landfall

Typhoon Dolphin caused injuries and disruption in Japan's Okinawa before heading towards China, prompting port closures and flight cancellations as the country prepared for its arrival.

Hong Kong's Northern Metropolis Project Laws
WorldSCMP29d ago

Hong Kong's Northern Metropolis Project Laws

Hong Kong authorities stated that dedicated laws to fast-track the Northern Metropolis project will run parallel with, and not override, the Environmental Impact Assessment Ordinance.

Hong Kong Business and Urban Development Updates
Businessbloombergcnbcnos+12SCMPel-mundoobservadorYahoola-vanguardiahindustan-timesKorea Heraldchannel-news-asia+4 more1mo ago15 sources

Hong Kong Business and Urban Development Updates

Hong Kong sees significant business developments, including Mirae Asset launching a global investment platform and Baidu's AI chip arm eyeing a $50 billion IPO. Meanwhile, urban planning and housing issues are under review, with discussions on walkway designs and efforts to boost the birth rate through quality housing.

Hong Kong Unveils Five-Year Plan to Boost Economy and Jobs
BusinessSCMP1mo ago

Hong Kong Unveils Five-Year Plan to Boost Economy and Jobs

Hong Kong has announced its first five-year plan aimed at addressing economic disparities and creating quality jobs, with Financial Secretary Paul Chan outlining the strategy. Chief Executive John Lee emphasized the need for early successes in the Northern Metropolis to attract investors and vowed further economic reforms while pursuing interests in all markets.

Hong Kong Fire Survivors Return to Damaged Homes
WorldAPbloombergnos+15berlingskeSCMPpublicopolitikenobservadorhindustan-timesstraits-timesjapan-times+7 more3mo ago18 sources

Hong Kong Fire Survivors Return to Damaged Homes

Months after a fatal apartment fire in Hong Kong, residents are returning to inspect their damaged homes and assess the aftermath. The fire had caused significant destruction and displacement.

Singapore PM Lawrence Wong Arrives in Hong Kong After Boao Forum Trip
PoliticsSCMPstraits-timeschannel-news-asia4mo ago3 sources

Singapore PM Lawrence Wong Arrives in Hong Kong After Boao Forum Trip

Singaporean Prime Minister Lawrence Wong has arrived in Hong Kong for a three-day visit, meeting with city leaders and businesspeople, and examining key sites in the Northern Metropolis megaproject, following his keynote address at the Boao Forum for Asia's annual conference in China.

Hong Kong tycoon urges prudent approach to development amid global uncertainty
BusinessSCMP5mo ago

Hong Kong tycoon urges prudent approach to development amid global uncertainty

A Hong Kong property tycoon has called for a more prudent approach to the city’s development rather than accelerating projects amid global uncertainties, saying the industry’s willingness to invest in the Northern Metropolis hinges on the health of the market. Far East Consortium chairman David Chiu Tat-cheong also described the megaproject’s new land disposal approach – which requires winning bidders to handle multiple developments on a large plot – as good intentions with unintended negativ...

Paul Chan vows Hong Kong can handle debt of bond-driven growth
FinanceSCMP5mo ago

Paul Chan vows Hong Kong can handle debt of bond-driven growth

Hong Kong’s finance chief has assured the public that the city can manage its debt after proposing the issuance of more bonds to accelerate the development of the Northern Metropolis, expressing confidence in the long-term investment returns from the megaproject. Financial Secretary Paul Chan Mo-po sought to reassure the public during a radio programme on Friday after a university student voiced concerns that his generation might suffer if the city failed to repay the growing number of bonds...

Hong Kong's Economic Transformation and Challenges
BusinessSCMP1mo ago

Hong Kong's Economic Transformation and Challenges

Hong Kong is evaluating its economic transformation efforts, including the Northern Metropolis project, as it marks 29 years since its return to Chinese rule. The city faces significant challenges in its economic development and addressing the needs of its poorer population.

Europe Grapples with Record-Breaking May Heatwave
WorldAPbloombergThe Guardian+61yle-uutisethelsingin-sanomatnosruvtagesschaufazberlingskeDW+53 more2mo ago64 sources

Europe Grapples with Record-Breaking May Heatwave

Western Europe is experiencing an unprecedented spring heatwave, with record temperatures in hundreds of French cities and 'tropical nights' in Spain. The heatwave has been linked to at least seven deaths in France and is threatening more climate records.

First Section of Hong Kong's Fanling Bypass to Open
BusinessSCMP3mo ago

First Section of Hong Kong's Fanling Bypass to Open

The eastern section of Hong Kong’s new Fanling Bypass is set to be commissioned on May 3, marking the completion of the first major transport infrastructure project under the Northern Metropolis mega development and promising reduced travel times.

Rare move to take income out of Exchange Fund to pay for Northern Metropolis, other big projects
FinanceSCMP5mo ago

Rare move to take income out of Exchange Fund to pay for Northern Metropolis, other big projects

The Hong Kong government has produced a consolidated surplus earlier than expected, its first in four years, ahead of a rare transfer into coffers from the Exchange Fund and other sources. Wednesday’s budget pointed to fund transfers of HK$127.83 billion and an 11.1 per cent jump in government revenues contributing to another surplus for 2026-27, on top of the one for the 2025-26 financial year. “We will bring back about HK$15.8 billion from funds established outside the government’s accounts...