Business and Finance Business and Finance
Wed, November 27, 2024
[ 05:20 PM ] - Bill Williamson
In the business of helping SMEs reach their potential
[ 05:00 PM ] - Bill Williamson
Assured Guaranty UK Ltd in deal with ports owner in Britain
[ 05:00 PM ] - Bill Williamson
The wealth gap between homeowners and renters is huge, a new report says
[ 04:00 PM ] - Bill Williamson
House Approves MTEF, Pegs Exchange Rate At N,400/$, Oil Benchmark At $75
[ 03:40 PM ] - Bill Williamson
Trump Picks Big Donor with Background in Finance .. e Experience with the Military for Navy Secretary
[ 02:40 PM ] - Bill Williamson
I'm a Financial Expert: Why Grant Cardone's Approach to Taxes Is Flawed
[ 02:20 PM ] - Bill Williamson
Here's why Trump thinks tariffs are good for the U.S. and what the experts say
[ 02:20 PM ] - Bill Williamson
Flagstar Mortgage Review 2024: Down payment help and flexible credit requirements
[ 01:20 PM ] - Bill Williamson
Marsh McLennan's CIO started with a summer job in .. now leads a team of more than 5,000 technologists
[ 01:20 PM ] - Bill Williamson
Climate finance calls for leadership unity
[ 12:40 PM ] - Bill Williamson
Billings council approves TIF funds for city-owned buildings, despite pushback
[ 12:40 PM ] - Bill Williamson
Last Call to Get an Instant $200 Amazon Gift Card for Black Friday and Cyber Monday
[ 12:40 PM ] - Bill Williamson
Renters struggle to build wealth, report finds. Here's how they can boost financial well-being
[ 12:20 PM ] - Bill Williamson
Where to invest for 2025
[ 12:20 PM ] - Bill Williamson
Professionals would rather 'super-commute' for ov .. mic-style suburban life than live near the office
[ 12:20 PM ] - Bill Williamson
BNP Paribas' fund arm to exclude new oil and gas bonds
[ 11:40 AM ] - Bill Williamson
This Is the Best Card for Amazon's Black Friday Deals -- and It Comes With a $200 Gift Card
[ 11:20 AM ] - Bill Williamson
Nvidia CEO Jensen Huang Says This Is the "Next Wa .. ingled Out Potential Big Winner Other Than Nvidia
[ 11:20 AM ] - Bill Williamson
Disney Hires Sky Finance Boss to Run Disney+ In EMEA
[ 11:00 AM ] - Bill Williamson
What Small-Business Owners Should Learn From Macy's Missing $50 Million
[ 10:40 AM ] - Bill Williamson
Exclusive: Trump plans no exemption for oil imports under new tariff plan, sources say
[ 09:40 AM ] - Bill Williamson
Cocoa firms pour money into Ghana in bid to avert more losses
[ 09:40 AM ] - Bill Williamson
Over 800 European financial groups deal with firms linked to Israeli settlements, NGOs say
[ 09:20 AM ] - Bill Williamson
RNG: Trucks or stations? Which comes first?
[ 09:20 AM ] - Bill Williamson
Walmart and Delta stock are both hitting all time .. Os have relied on a surprisingly similar strategy
[ 09:00 AM ] - Bill Williamson
Inflation is Back in Focus as Trumponomics Looms Large Over Global Trade
[ 09:00 AM ] - Bill Williamson
Gold Decline "Merely a Stumble" Say Respected Economic Analysts
[ 08:40 AM ] - Bill Williamson
Flipkart-Backed Shadowfax Selects ICICI Securitie .. inancial As Lead Bankers For Upcoming IPO: Report
[ 08:40 AM ] - Bill Williamson
Think you got a great Black Friday deal? There's a 30% chance it wasn't, study explains
[ 08:20 AM ] - Bill Williamson
Hong Kong's No 2 official says city's tycoons not obliged to invest in Northern Metropolis

Hong Kong's No 2 official says city's tycoons not obliged to invest in Northern Metropolis


Published on 2024-11-27 08:20:36 - Bill Williamson, WOPRAI
  Print publication without navigation

  • Chief Secretary Eric Chan heads delegation with tycoons to Guangdong cities, says trip "purely an introduction and opportunity for exchange".

Hong Kong's Chief Secretary Eric Chan Kwok-ki has stated that the city's tycoons are not obligated to invest in the Northern Metropolis development project, which aims to transform the northern New Territories into a new economic hub. During a media session, Chan emphasized that while the government welcomes investments from all sectors, including major business figures, participation in the project is voluntary. He highlighted that the government's role is to provide a conducive environment for investment, but it does not mandate contributions from any specific group. This stance comes amidst discussions on how to fund and develop the ambitious HK$500 billion (US$64 billion) project, which is expected to create jobs and housing but has also raised concerns about land acquisition and environmental impacts.

Read the Full scmp.com Article at [ https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3288401/hong-kongs-no-2-official-says-citys-tycoons-not-obliged-invest-northern-metropolis?module=top_story&pgtype=homepage ]
Contributing Sources