BCDA eyes Q1 2027 for bidding on remaining Market! Market! land

GMA Network - Sep 21, 2026

The Bases Conversion and Development Authority (BCDA) is expected to finalize the terms for the bidding of the remaining four hectares of the Market! Market! property by the first quarter of 2027, a top official said Monday.

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Once the world’s most-visited city, Hong Kong now converts hotels into student dorms

Sep 21, 2026

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Late last month, an open tender for Hotel Cozi Harbour View in Kwun Tong was announced, with interested parties given until October 15 to submit bids. The 598-room hotel, located in Hong Kong’s eastern Kowloon Peninsula, a former industrial area, was taken over by Nanyang Commercial Bank for HK$1.87 billion (US$238.4 million) in 2025, with the bank now looking to dispose of the asset to the highest bidder. Just a week after the announcement of the tender, Nina Hospitality, one of the largest...

4 mainland Chinese firms jump into cooling Hong Kong IPO market

Sep 21, 2026

4 mainland Chinese firms jump into cooling Hong Kong IPO market

Four Chinese companies launched initial public offerings (IPOs) in Hong Kong on Monday, aiming to raise as much as HK$14 billion (US$1.8 billion) in total, with strong backing from cornerstone investors countering apparent weakness in the market so far this month. Automated equipment manufacturer RoboTechnik has the biggest target, planning to raise as much as HK$5.18 billion. The new entrants are braving a market that shows signs of slowing. After a blistering year so far – Hong Kong listings...

Geopolitical risks see institutional investors rush to stockpile cash, survey finds

Sep 21, 2026

Geopolitical risks see institutional investors rush to stockpile cash, survey finds

Global institutional investors and wealth managers are stockpiling cash at the fastest pace on record while quietly retreating from US and UK equities as persistent inflation and mounting geopolitical risks dominate portfolio decisions, according to a report by Marsh Investments. The institutional investment consultancy polled 430 asset owners managing a combined US$5.76 trillion and found that 37.8 per cent planned to increase cash allocations over the next 12 months, up from just 9 per cent in...

Think tank to gov’t: Protect middle class to prop up growth

Sep 21, 2026

Think tank to gov’t: Protect middle class to prop up growth

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China’s collection of stock stamp duty jumps more than 80% as AI frenzy boosts trading

Sep 21, 2026

China’s collection of stock stamp duty jumps more than 80% as AI frenzy boosts trading

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PH ships first commercial batch of Carabao mangoes to Canada

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Sep 21, 2026

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Sep 21, 2026

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MANILA, Philippines — Artificial intelligence (AI) is moving so quickly that many CEOs are asking the wrong question. They ask: “Which AI tools should my people use? The better question is: “If we were building this company today, with AI available from Day One, how would we design it differently?” That is the difference between an

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Sep 21, 2026

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Chinese gold jewellers are seeking opportunities in the Middle East and India, leveraging their advanced crafting technologies as the industry struggles amid the precious metal’s price volatility, according to an international association for the sector. At the most recent Jewellery & Gem World Hong Kong fair, buyers from the two regions accounted for most visitors, said Wang Lixin, China CEO of the World Gold Council, in a recent interview with the South China Morning Post. The interest was...

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