Hong Kong delivery company Lalamove and professional services firm EY have joined forces and jumped on the “low-altitude economy” bandwagon in the hopes of expanding their reach in the Greater Bay Area and transforming conventional business. The companies told the South China Morning Post that the collaboration would leverage Lalamove’s logistics platform and EY’s services…
Trial flights for Hong Kong’s first two-tonne electric vertical take-off and landing (eVTOL) aircraft could take place within the next six months, initially to transport heavy construction materials to remote sites in the New Territories. Infrastructure consultancy AECOM said once aviation safety for cargo logistics was proved, the potential next step was ecotourism, providing an…
Hong Kong is set to announce on Monday a new batch of “strategic enterprises” establishing a presence in the city, including several firms with market capitalisations of up to HK$100 billion (US$12.8 billion), the finance chief has revealed. Writing in his weekly blog on Sunday, Financial Secretary Paul Chan Mo-po said the new partners were…
Beijing has imposed stringent new drone regulations, banning sales, leases, and imports without public security approval. This move, part of a national effort to control airspace, makes China a challenging place for drone operation. Existing owners must register by April 30. These rules aim to pave the way for China’s “low-altitude economy” while impacting major…
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at [email protected] or filling in this Google form. Submissions should not exceed 400 words The government’s Transport Strategy Blueprint sets a welcome long-term vision for Hong Kong’s transport network, emphasising a “dual-innovation”…
Hong Kong authorities have received more than 100 applications for innovative drone usage to pioneer the city’s “low-altitude economy”, with some pilot projects set to launch as early as in three months, the transport minister has said. Secretary for Transport and Logistics Mable Chan also pledged to push more advanced transport technologies to transition from…
At this time of year, Financial Secretary Paul Chan Mo-po’s top priority is finalising the Hong Kong government’s budget for 2026-27, balancing requests for incentives and welfare against calls for a return to fiscal prudence. For decades, budget speeches have followed a familiar structure: a review of past performance, near- and medium-term forecasts, support measures…
Hong Kong authorities have said the first batch of licensed ride-hailing platforms is expected to commence operations by the fourth quarter of this year and floated measures to further improve taxi services as part of the government’s latest transport blueprint. The Transport Department on Friday revealed the 124-page transport strategy blueprint, covering areas including the…
Hong Kong is building a logistics hub for high-value goods, e-commerce and low-altitude economy in the Northern Metropolis mega development project, with authorities set to gauge industry interest in the first site of the cluster this year. The Transport and Logistics Bureau said on Friday that authorities aimed to attract leading logistics firms with tailored…
On a sunny afternoon in late November, hundreds of onlookers gathered beside a picturesque lake near Shanghai as a massive silver drone lifted off silently from the deck of a cutting-edge vessel, marking the dawn of a new chapter for the low-altitude economy in both mainland China and Hong Kong. The demonstration at Dianshan Lake,…