Development does not succeed through systems and policies alone. It succeeds when people trust the institutions that design ...

The unexpected departure of Eric Ma cast a shadow over New World’s efforts to turn around its struggling business amid property downturns. Eric Ma, CEO of the Hong Kong billionaire Cheng family’s ...

HONG KONG (Reuters) -New World Development's shares and bonds rallied on Monday after the major Hong Kong developer said it would increase cash flow and cut debt, but analysts said a more concrete ...

As distressed Hong Kong builder New World Development Co. gathers more support from banks for its targeted HK$87.5 billion ($11.1 billion) loan refinancing, a key part of the terms shows that it must ...

Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...

New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...

Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ($11.1 billion) loan refinancing, people familiar with the matter said, ...

Pursuant to General Assembly Resolution 78/261 of 26 February 2024, a “Second World Summit for Social Development” (WSSD2) was launched, to be held in Doha, Qatar on 4 to 6 November 2025[1]. H.E. Mr.

HONG KONG (Reuters) -New World Development, one of the biggest property developers in Hong Kong, reported an interim net loss of HK$6.63 billion ($852.45 million) on Friday, following a prolonged ...

Risk is all around us, an inherent part of life. And in the world of development, there are also risks, including war, civil disturbance and expropriation. Junaid Kamal Ahmad: When Egypt did in fact ...

The digital world is developing at a phenomenal pace. From AI tools at our fingertips, to advancements in energy, consumer technology, and connectivity: change is here. Harnessing these changes can ...