Hong Kong land sale stuns market as HK$4.3b bid hits 5-year Kowloon high

South China Morning Post - Oct 6, 2026

Kerry Properties has won a land plot in Ho Man Tin for HK$4.31 billion (US$549 million), the highest price paid for a residential site in Kowloon in nearly five years, as developers show confidence in demand for luxury homes. The site on Fat Kwong Street sold at HK$20,738 per square foot of gross floor area, the highest land premium for a residential site in recent years, according to Vincent Cheung, managing director of valuation firm Vincorn Consulting and Appraisal. The last time a Kowloon...

Read full article

More News

Mox, BOCHK, ZA Bank and Citibank apps land among Asia-Pacific’s 10 best, study says

Oct 6, 2026

Mox, BOCHK, ZA Bank and Citibank apps land among Asia-Pacific’s 10 best, study says

Banking apps from Mox Bank, Bank of China (Hong Kong) (BOCHK), ZA Bank and Citibank Hong Kong are among the top 10 in Asia-Pacific, according to a study exclusively previewed by the South China Morning Post. Sia, an international consulting firm, assessed 145 banking apps in 20 markets in Europe, Asia and Australia using 100 criteria, including functionality, user experience and feedback, with each receiving a score from 0 to 100. The app from digital lender Mox Bank – backed by Standard...

Consumer groups warn vs Manila 'port holiday'

Oct 6, 2026

Consumer groups warn vs Manila 'port holiday'

Consumer groups on Tuesday raised alarm over a "truck holiday" or “port holiday” to protest against congestion and other logistics issues, saying this could end up hurting more consumers.

DA seeks higher corn import limit as El Niño threatens supply

Oct 6, 2026

DA seeks higher corn import limit as El Niño threatens supply

The Department of Agriculture (DA) is pushing to expand the country"s minimum access volume (MAV) for corn to 500,000 metric tons (MT) to help cushion hog and poultry producers from potentially higher feed costs amid the threat of El Niño.

Hong Kong’s Hermitage Capital stays devoted to top-tier tech stocks amid jitters

Oct 6, 2026

Hong Kong’s Hermitage Capital stays devoted to top-tier tech stocks amid jitters

Even as geopolitical frictions and market swings unsettle venture investors, Hong Kong-founded Hermitage Capital is sticking to a global strategy of backing frontier technology companies wherever they emerge. With a US$1.5 billion war chest that is 80 per cent in US dollars, with the remainder in renminbi, the private equity firm is ramping up investments across artificial intelligence, semiconductors and robotics, mainly in the US and China, capitalising on a market turnaround triggered by the...

UK's Revolut working to secure digital banking license for PH entry

Oct 6, 2026

UK's Revolut working to secure digital banking license for PH entry

Global fintech giant Revolut is now working to secure a digital banking license from the Bangko Sentral ng Pilipinas (BSP) to offer its full suite of financial products in the Philippines.

Robinsons Land takes part in Pag-IBIG's 4PH as partner developer

Oct 6, 2026

Robinsons Land takes part in Pag-IBIG's 4PH as partner developer

Robinsons Land takes part in Pag-IBIG"s 4PH as partner developer

Vista Land turns over house to children of late OFW in Palawan

Oct 6, 2026

Vista Land turns over house to children of late OFW in Palawan

Villar-led Vista Land and Lifescapes Inc. has turned over a house and lot in Palawan to the five children of an overseas Filipino worker (OFW) who died of cancer in 2021, the property developer said Tuesday.

DA seeks P300-M budget for ube production expansion

Oct 6, 2026

DA seeks P300-M budget for ube production expansion

The Department of Agriculture (DA) is seeking P300 million in funding to expand ube production by 1,000 hectares as it seeks to meet surging global demand for the purple root crop.

Casino Plus enters content partnership with game developer Peter & Sons

Oct 6, 2026

Casino Plus enters content partnership with game developer Peter & Sons

Digital gaming firm Casino Plus has entered into a strategic content partnership with international game developer Peter & Sons to bring select gaming titles from the Yerevan- and Barcelona-based gaming studio to players in the Philippines.

GCash allots first 100 Mynt shares to its users via GStocks PH

Oct 6, 2026

GCash allots first 100 Mynt shares to its users via GStocks PH

Mobile wallet GCash is offering its GStocks PH feature users with the first 100 shares of its parent, Mynt Inc."s initial public offering (IPO) stakes.

Hong Kong’s big IPO haul

Oct 6, 2026

Hong Kong’s big IPO haul

–

What Would an ASEAN-Canada Free Trade Agreement Mean for Foreign Investors?

Oct 6, 2026

What Would an ASEAN-Canada Free Trade Agreement Mean for Foreign Investors?

summarize this content to 20 words The proposed ASEAN-Canada Free Trade Agreement (ACAFTA) could reduce trade barriers between Canada and Southeast Asia while creating new opportunities for companies using ASEAN as a manufacturing, sourcing, services, or regional investment base. Canada-ASEAN bilateral merchandise trade reached C$52.5 billion (US$38 billion) in 2025, up 23.6 percent from C$42.4 billion (US$31 billion) in 2024. ASEAN’s member states collectively represented Canada’s fifth-largest merchandise trading partner. From ASEAN’s perspective, Canada ranked as its 16th-largest trading partner and 10th-largest source of foreign direct investment in 2025. ASEAN now comprises 11 member states following Timor-Leste’s admission in October 2025. Where ASEAN-Canada trade and investment stand today Manufacturing in ASEAN frequently involves regional production networks. A product assembled in Vietnam, for instance, may contain inputs from Malaysia, Thailand, or Indonesia. Whether those inputs count toward the product’s originating status could determine whether it qualifies for preferential tariffs when exported to Canada. Canada’s negotiating objectives specifically seek rules allowing the cumulation of materials and production and recognizing existing regional production patterns. If reflected in the final agreement, these provisions could give manufacturers greater flexibility to divide qualifying production and sourcing among ASEAN countries rather than concentrating activities in one jurisdiction solely to obtain tariff preferences.

Recommended