Exco Approves Controversial Peak Land-swap Deal
"); jQuery("#212 h3").html("
"); });
2018-03-27 HKT 18:18
Share this story
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.
Payoneer Completes Easylink Payment Acquisition, To Expand In China
Payoneer, a fintech company offering online money transfers and digital payment services, announced on 9 April 2024 tha... Read more
Adobe And Antom Partner To Enhance Digital Creativity Payments In Asia
Adobe and Antom, a provider of merchant payment and digitisation solutions under Ant International, announced a new col... Read more
HKMA Steps Up Against Digital Scams With Fresh Safeguards
The Hong Kong Monetary Authority (HKMA) announced “E-Banking Security ABC,” a series of new anti-digital fra... Read more
Staking-Enabled Bosera HashKey Ether ETF To Launch By End-April
Bosera International and HashKey Capital Limited announced the launch of the Bosera HashKey Virtual Asset Ether ETF on ... Read more
XTransfer Showcases Cross-Border Payment Solutions At AsiaWorld-Expo
XTransfer participated in the Global Sources Consumer Electronics Show 2025 at AsiaWorld-Expo on April 11, 2025, to pre... Read more
Bain Capital Aims To Raise US$9 Billion For New Asia Funds
Bain Capital is aiming to raise billions of US dollars for its upcoming Asia fund and a special situations fund in the... Read more