Govt Cuts Fees For Transitional Home Operators
"); jQuery("#212 h3").html("

"); });
2019-04-18 HKT 18:23
The government has approved more measures to help social enterprises which are providing transitional housing, including exempting them from some payments they have to make to get a site or building from the Lands Department.
Groups which aim to provide these temporary homes for those awaiting public housing flats now don't have to pay fees to the department when applying for a temporary permit to use a government site or building.
They will also be exempt from paying fees for short term tenancies, rents and other associated costs.
Democratic Party lawmaker Andrew Wan welcomed the new measures, saying this would encourage the development of more transitional housing. But he said the government should get more involved, instead of only helping NGOs in doing the task.
The DAB also welcomed the measures, saying these steps will cut the red tape for applicants. But lawmaker Vincent Cheng said there is still a lot that the government has to do to boost the supply of transitional housing.
He said the government can help NGOs by providing technical information and help determining whether plots are good for housing people.
XTransfer Celebrates Milestone Of Over 1 Million Enterprise Clients
XTransfer shared that it has served more than one million enterprise clients since its founding in 2017. The B2B cross-... Read more
How Much Do Hong Kongs Biggest Banks Pay Their CEOs?
How much did it pay to run one of Hong Kong’s biggest banks in 2025? The answer varies sharply, and the numbers look ... Read more
DBS Hong Kong CEO Sebastian Paredes To Retire After 16 Years, Taiwan Chief Takes Over
Ng Sier Han will be the next DBS Hong Kong CEO. He takes over from Sebastian Paredes, who retires from executive duties... Read more
Hong Kong Founders Can Now Incorporate And Get Paid In One Application
Airwallex announced a corporate partnership with Air Corporate, a Hong Kong-based digital corporate service provider, i... Read more
Visa Tap To Pay Reaches Hong Kong Doorsteps In SF Express Deal
Visa announced a partnership with S.F. Express (Hong Kong) Limited (SFHK) to bring contactless card payment services to... Read more
Two Co-CEOs Take Over HSBC Insurance Leadership As Edward Moncreiffe Exits
HSBC has named two Asia-based executives as co-CEOs of its global insurance business. Daisy Tsang, CEO of HSBC Life Hon... Read more