Exco Approves Controversial Peak Land-swap Deal
"); jQuery("#212 h3").html("

"); });
2018-03-27 HKT 18:18
The Executive Council on Tuesday approved a land-swap deal on The Peak which will clear the way for a development on a piece of green belt land next to Aberdeen Country Park.
The green belt site is being exchanged for the adjacent 23 Coombe Road property, which houses the Grade-1 historical building the Carrick.
Conservationists had opposed the deal, saying it could lead to environmental damage and might set a dangerous precedent. They also said the government's policy for saving historical buildings is flawed.
Exco also approved the rezoning of the green belt plot for residential purposes.
HashKey Lists On Hong Kong Exchange
HashKey listed on the Main Board of The Stock Exchange of Hong Kong Limited, becoming the first digital asset company t... Read more
North Korea Linked To Over Half Of 2025 Crypto Heist Losses
TRM has published new research showing that North Korea-linked actors were responsible for more than half of the US$2.7... Read more
South Korea Forms Task Force After Coupang Data Breach
The South Korean government announced on Thursday (19 December) that it will establish an interagency task force to add... Read more
Is Hong Kongs Default Life Insurance Choice A Wealth Drain?
Hong Kong is a city that takes financial security seriously, boasting one of the highest insurance penetration rates in... Read more
RedotPay Secures $107M Series B, Total Funding Hits $194M
RedotPay, a global stablecoin-based payment fintech, has closed a US$107 million Series B round, bringing its total cap... Read more
91% Of Hong Kong Merchants Lose Revenue To Payment Friction
Aspire has released its Hong Kong Ecommerce Pulse Check 2025, highlighting that while mid-sized ecommerce merchants rem... Read more
