AGP Executive Report
Last update: 9 hours agoCross-Border Transport: Lawmakers are urging Hong Kong to merge its two cross-boundary ferry piers to boost capacity and better serve demand from luxury yachts, after 2025 passenger numbers fell 6.5% year-on-year. Weather Watch: Hong Kong’s sweltering heat is set to linger into the weekend, with the Hong Kong Observatory warning of very hot conditions and thunderstorms. Aviation & Infrastructure: Airport Authority Hong Kong’s Terminal 2 milestone is in focus, with AECOM highlighting its role in delivering the new terminal that strengthens HKIA’s Three-runway System. Public Sector Pay: A preliminary survey suggests civil servants could see pay rises of up to 4.12%, alongside plans for a tougher performance appraisal system. Housing Pressure: “Shoebox” flat reforms are leaving some low-income residents in limbo as subdivided-flat rules tighten and evictions continue. Finance & Regulation: Hong Kong regulators have issued updated virtual-asset rules covering financing, custody and stablecoin dealing, while banks are told to tighten scrutiny for mainland clients’ investment accounts. Tourism & Trade: HKTB has signed a three-year MoU with Informa Markets to bring premium international exhibition IPs to Hong Kong under a “city-as-your-showroom” concept.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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