Air freight costs for China-reliant shippers may rise by up to 30 per cent due to the suspension of Middle East air routes triggered by US and Israeli strikes on Iran, a Hong Kong-based logistics association said. The Hong Kong Association of Freight Forwarding & Logistics made the estimate based on “market feedback” since the…
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030. Officials say the plan is designed to move cutting-edge technologies out of laboratories and into factories, supply chains and…
Cruise ship calls in Hong Kong may exceed 200 this year, the city’s tourism minister has said, as she revealed that authorities will consider measures to create synergy between the terminal and an emerging cultural hub in Kai Tak. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui on Saturday also said cruise ships made…
Until last year, Fidelity International’s most significant cornerstone commitments on the Hong Kong initial public offering (IPO) market dated back to 2021, when Chinese short-video platform Kuaishou Technology raised US$5.4 billion and healthcare firm Medlive Technology completed a US$543.4 million listing. Then for the next four years, the asset manager went quiet. Late last year…
[The content of this article has been produced by our advertising partner.] Hong Kong’s trade promotion body has opened applications for the 2026 edition of its Start-up Express programme, as efforts are stepped up to help local tech ventures break into overseas markets and secure commercial partnerships. Organised by the Hong Kong Trade Development Council…
[The content of this article has been produced by our advertising partner.] Achievements of the Hong Kong Biodiversity Strategy and Action Plan In 2016, the Government launched the Biodiversity Strategy and Action Plan (BSAP), working in concert with all sectors of the community to protect Hong Kong’s precious ecological resources and advance sustainable development. The…
Hong Kong’s civil service chief has defended the decision to open up recruitment externally for the role of food and environmental hygiene director, saying the move aims to attract experts who can take the lead in using technology to enforce laws. Secretary for the Civil Service Ingrid Yeung Ho Poi-yan also stressed that anyone hired…
ISTANBUL- Anadolu Agency China has announced tax incentives for the next five years to promote science and technology in the country, the state-run news agency Xinhua reported on Feb. 21. The Ministry of Finance, the General Administration of Customs, and the State Taxation Administration issued a joint statement announcing the incentives. China launched its 15th…
Hong Kong’s coming annual budget must address critical bottlenecks in technology and talent attraction to pave the way for the city’s first five-year development framework in line with national priorities, according to observers. The budget, to be delivered by Financial Secretary Paul Chan Mo-po on Wednesday, is more than a fiscal exercise. It is viewed…
The progress of Chinese tech companies across the entire stack is “remarkable,” OpenAI’s Sam Altman told CNBC. Altman’s comments come as China races against the U.S. to develop artificial general intelligence (AGI) — where AI matches human capabilities — and roll out the technology across society. The pace of technological advance in “many fields,” including…