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Talking points

Our editors will be looking ahead today to these developing stories ...

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Tenders close for Kai Tak sites

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Bidding ends on two closely watched residential sites offered for tender by the government. The tender is the first under the "Hong Kong Property for Hong Kong people" scheme, and the sites are the first to be released for sale in the Kai Tak new development area. Developers are expected to adjust their bids downwards as they can be sold only to permanent residents, although the total price is still expected to reach up to HK$4.4 billion.

 

International luminaries including US Defence Secretary Chuck Hagel gather in Singapore for the Shangri-La Dialogue. Vietnam's Prime Minister Nguyen Tan Dung delivers the keynote address on the opening day of the defence conference, which runs until Sunday. The conference has become "the key regional forum for discussing important defence and security concerns", according to its organiser, the International Institute for Strategic Studies.

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