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More HZMB private car quotas set

The governments of Hong Kong and Macau have agreed to increase the regular quotas for Hong Kong cross-boundary non-commercial private cars using the Hong Kong-Zhuhai-Macao Bridge to Macau, the Transport Department announced today.   The decision was made to enhance traffic flow between Hong Kong and Macau, better utilising the bridge, the department said.   It will increase the Hong Kong quota by 1,000, following the earlier quota allocation of 1,800 for Hong Kong.   The additional quota will be distributed in two phases from the second quarter.   Half of the additional 1,000 quota allocations is for company applicants and the other half is for individual applicants. The quotas are valid for no more than three years. The eligibility criteria of quota applications remains the same.   Private cars allocated with Hong Kong quotas will be permitted to access the city of Macau multiple times using the bridge.   The Hong Kong quota allotments will be re-allocated upon expiry thro

Rent concession period extended

The Housing Authority's Commercial Properties Committee today approved an extension of the 75% rent concession for eligible non-domestic tenants or licensees for another six months from October 1.   The move ties in with the Government's latest relief measures to sustain the support for businesses and individual sectors as announced by Financial Secretary on August 25.   During this rent concession period, the eligible non-domestic tenants or licensees may continue to apply for concession in full for the days during which their operations at the premises concerned have to be closed under the Government’s anti-epidemic regulations and directions.   To ensure prudent use of resources, the committee decided that supermarkets and superstores would be subject to tenants' application and proof of sales drop in this round of rent concession.   If the tenants of supermarkets or superstores suffer a sales drop during the extended rent concession period compared to that of the same period in the preceding year, concession at the same percentage will be provided to them upon application and production of sales drop proof, capped at 75%.   Eligible tenants or licensees of about 2,500 retail and some 3,300 factory premises, about 70 advertising signboards, around 40 tenancies of bus kiosks and about 4,200 carpark users will benefit from this round of rent concession.   The rent the Housing Authority has foregone for this round of extension is estimated to be around $660 million, while the total rent foregone by it from October 2019 to March 2022 is around $ 2.946 billion.
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