Hong Kong aims to diversify its service-oriented economy beyond finance by developing legal and healthcare sectors.
Nov 11, 2026
Huawei Technologies is preparing to launch a new smartphone brand, doubling down on its hard-won domestic comeback six years after spinning off budget marque Honor under the weight of US sanctions. Richard Yu Chengdong, chairman of Huawei’s Consumer Business Group, confirmed in a social media post on Wednesday that the company would officially debut Osta, known as “Xingmang” in Chinese, on November 20. The unveiling will coincide with Huawei’s latest electric vehicle launches, according to Yu’s...
BYD has apologised for an assembly error that caused some of its electric cars in China to be fitted with incorrect wheel rims, as Beijing ramps up scrutiny of quality issues in the country’s car industry. The world’s largest electric vehicle (EV) maker confirmed in a statement on Wednesday that a supplier had installed the front and rear wheel rims in reverse on some of its Tang model SUVs, offering free replacements to affected owners. The company said it had conducted safety tests after...
Hong Kong-based Swire Properties and its Thai partner City Realty are making an aggressive sales push with wealthy Hongkongers as they promote Upper House-branded residences in Bangkok. With more than 100 flats worth 10 billion baht (US$298 million) sold since the launch in May, the two towers – called the Upper House Residences Bangkok and The Wireless Residences by Upper House – had drawn buyers from Hong Kong, Tokyo, Taipei and Europe, according to the Hong Kong-based developer. Thai citizens...
The agricultural sector has incurred nearly P10 billion in losses due to El Niño, which is expected to persist until early next year, the latest Department of Agriculture (DA) data showed.
The Philippine peso weakened against the US dollar on Wednesday as faster-than-expected inflation in the United States boosted demand for the greenback.
The Bases Conversion and Development Authority (BCDA) on Wednesday said that the US-led Pax Silica project in New Clark City, Tarlac will be governed by Philippine laws.
Hong Kong is expanding clinical trials of histotripsy, a non-invasive treatment that uses focused ultrasound to destroy tumours, as the city seeks to establish a role in developing the technology for kidney cancer. The CUHK Medical Centre, Gleneagles Hospital Hong Kong and Hong Kong Sanatorium & Hospital would begin trials involving 30 patients targeting kidney cancer, the Li Ka Shing Foundation said on Wednesday. The trials mark the latest development in Hong Kong business tycoon Li Ka-shing’s...
Alibaba has applied to list chip-design unit T-Head in Hong Kong, as the Chinese tech giant braves a cooling initial public offering (IPO) market to raise funds for artificial intelligence (AI) ambitions. The Hong Kong stock exchange has approved the proposed separation and a confidential listing application was filed in September, Alibaba said in a statement on Tuesday. T-Head, which provides full-stack data centre chips, will remain a unit of the company. Alibaba also owns the South China...
Assets under management in Hong Kong would double with the addition of just a small portion of the money global insurance and pension funds have to invest, according to a member of the Financial Services Development Council (FSDC). Hong Kong should do more to attract this so-called patient capital – assets that insurance companies and pension funds invest for the long term, said the government think tank that promotes the city as an international financial centre, in a report on...
Thailand won Gold for gastronomy at the Wanderlust Reader Travel Awards 2026, promoting regional cuisines and supporting local communities.
The Bureau of Internal Revenue (BIR) on Wednesday announced that the deadlines for filing of tax returns and tax payments in Metro Manila due on November 16 to 18, will be extended to November 19 amid the ASEAN Summit and Related Summits 2026.
Tender submission for the Urban Renewal Authority’s (URA) To Kwa Wan Road/Wing Kwong Street development scheme closed after 12pm on Wednesday, with the authority announcing that 3 submissions had been received. Consortia that submitted tenders for the development project included CK Asset and China Overseas Land & Investment, while Sino Land partnered with Great Eagle for their bid. The URA’s district-based redevelopment scheme in To Kwa Wan is divided into eight contiguous development projects,...