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By Ashok Nilakantan Ayers NEW YORK: After months of courtroom confrontation, political pressure, Hollywood lobbying and increasingly tense negotiations, Paramount Skydance and Warner Bros. Discovery have finally found a settlement with California and 11 other states that removes the biggest obstacle to their proposed $110 billion merger. It is not quite the closing of the […]

The article Paramount-Warner: Hollywood’s $110 Billion Mega Merger appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Digital-asset companies in South Africa have put at least R2.2 billion of transactions on hold as uncertainty grows over proposed rules that would bring cryptocurrencies more firmly within the country’s exchange-control system. At least three deals have been paused because of the proposed changes, according to people familiar with the transactions. The affected agreements include a large private-equity investment and other deals intended to support small-business capital […]

New data highlights the contribution of Dusit Central Park’s rooftop park to urban cooling, air quality, biodiversity, and community well-being. The park will also mark Bangkok Climate Action Week 2026 with a special Tree Walk.

BANGKOK, THAILAND – Media OutReach Newswire – 22 September 2026 – Following its first anniversary on 3 September 2026, Suan Dusit Arun – the 11,200 sq m public rooftop park at Dusit Central Park in the heart of Bangkok – has released its first set of visitor, community, and environmental performance data. The figures demonstrate strong public demand for accessible green space in the Thai capital, with an average of 2,621 unique daily visitors during the 12-month reporting period.

Suan Dusit Arun, the 11,200 sq m public rooftop park at Dusit Central Park in the heart of Bangkok, has welcomed more than 951,000 visitors since opening on 3 September 2025.
Suan Dusit Arun, the 11,200 sq m public rooftop park at Dusit Central Park in the heart of Bangkok, has welcomed more than 951,000 visitors since opening on 3 September 2025.

The largest public rooftop park in Bangkok’s central business district, Suan Dusit Arun is a defining feature of Dusit Central Park and provides elevated views across Lumpini Park, one of the city’s most important green spaces. It was designed as a practical response to critical urban challenges facing Bangkok, including rising temperatures, limited access to green space, and declining biodiversity.

Open to all, the park offers the luxury of space, nature, and calm in the centre of Bangkok. Its public use and programming are thoughtfully managed to protect the landscape, preserve a comfortable atmosphere, and ensure that visitors can continue to enjoy the park without compromising the qualities it was designed to provide.

Combining beautiful views with a strong social and environmental purpose, the park serves as the unifying landscape connecting the principal elements of Dusit Central Park: the flagship Dusit Thani Bangkok hotel, Central Park Offices, the Central Park shopping centre, and a 69-storey residential tower comprising the ultra-luxury Dusit Residences and contemporary Dusit Parkside.

The design of Suan Dusit Arun reflects the wider architectural philosophy of Dusit Central Park, responding to wind flow and solar orientation while drawing on Feng Shui principles to foster harmony, balance, and a positive flow of energy between people and their surroundings.

With approximately 98% of its layered landscape dedicated to green space, the park combines 184 plant varieties, including 48 Thai species, with accessible areas for recreation, learning, community gatherings, and quiet reflection. Its planting includes native shade trees, flowering varieties, and climate-adapted plants.

The planting includes nine tree species in the three threatened categories of the IUCN Red List – two Critically Endangered, two Endangered, and five Vulnerable. It also reflects Thailand’s cultural heritage through sacred spirit trees, species referenced in classical Thai literature, and jasmine, a symbol of Mother’s Day in Thailand. Pollinator-friendly species include mangrove apple and queen’s crape myrtle.

Water management is another important part of the park’s operation. Harvested or recycled water supplies approximately 25% of irrigation demand, supported by an automated, timer-controlled irrigation system. The planted landscape is estimated to reduce stormwater runoff entering the city’s drainage system by 30–50% compared with a conventional hard-surfaced roof.

While assessment of the park’s environmental performance is ongoing, monitoring conducted within and outside the project area on 13 and 14 March 2026 provided an initial snapshot of conditions. Air temperature within Suan Dusit Arun was recorded at 31°C, compared with 33°C outside the project area. Suspended particulate matter concentrations were also approximately 35% lower within the park during the monitoring period.

“When we conceived Suan Dusit Arun, we wanted it to become an active part of Bangkok’s daily life – a public landscape with a clear social and environmental purpose,” said Chanin Donavanik, Group CEO, Dusit International. “Welcoming more than 951,000 visitors in its first year shows how strongly people value accessible green spaces where they can exercise, learn, connect, and spend time in nature.

“For Dusit, this is how responsible hospitality reaches beyond hotel operations: by creating places that deliver meaningful value for the communities and environments around them. The initial data from Suan Dusit Arun indicates the potential of thoughtful design and responsible operation to improve everyday urban life. We will continue to monitor the park’s performance and report its contribution with care and transparency.”

Beyond its daily public use, Suan Dusit Arun hosted a thoughtfully curated programme of 43 recreational, wellness, and educational events and visits during its first year. Together, these activities engaged more than 9,500 people. They ranged from aerobics, Pilates, and city runs to Children’s Day celebrations, live music, design talks, and study visits by schools and universities.

Partners included Silpakorn University, SCG Packaging Public Company Limited (SCGP), and the Thai Red Cross, alongside schools, community groups, and commercial organisations.

Collaboration with SCGP also extends to waste reduction. Suan Dusit Arun participates in the company’s “Old for New” recycling initiative and separates around 100 kg of cardboard from its operational waste each month for recycling. Event organisers are also encouraged to reduce disposable plastics and choose reusable or recyclable materials wherever practical.

Tree Walk for Bangkok Climate Action Week 2026

To mark Bangkok Climate Action Week 2026, Suan Dusit Arun and Dusit International will collaborate with Big Trees Foundation to host Tree Walk: Discovering the Value of Urban Trees at Suan Dusit Arun on 9 October 2026. Led by landscape architect Touchapon Soontrajarn and professional arborists, the half-day programme will explore how thoughtful landscape design and tree care can support urban cooling, cleaner air, biodiversity, and public well-being.

Running from 9:00–11:30 hrs, the event is limited to 30 participants and costs THB 250 per person, with all proceeds to be donated to Big Trees Foundation to support urban tree conservation. Registration will be available through the Bangkok Climate Action Week platform.

More information is available at bangkokclimateactionweek.org/en/programme/325.

High-resolution images and a short video accompanying this media release are available here: Suan Dusit Arun

Hashtag: #Dusit

The issuer is solely responsible for the content of this announcement.

About Suan Dusit Arun

Suan Dusit Arun is an 11,200 sq m public rooftop park at Dusit Central Park, a mixed-use development in the heart of Bangkok, Thailand. Opened on 3 September 2025, the park was designed according to Universal Design principles and brings together Thai flora, shaded walkways, water features, cultural spaces, and panoramic views of Lumpini Park.

Its principal features include the Bird Nest Viewpoint, Cascade 2513 waterfall, and Dusitpini Amphitheatre. Suan Dusit Arun connects Dusit Thani Bangkok, Central Park Offices, Central Park shopping centre, and a 69-storey residential tower comprising Dusit Residences and Dusit Parkside. The park is open to the public free of charge.

For more information, please visit

About Dusit International

Established in 1949, is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Real Estate Development, and Hospitality-Related Services.

Dusit’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion, and diversification.

For more information, please visit

Chinese and US officials concluded a second day of economic talks in New York on Monday, focusing on artificial intelligence, investment and trade ahead of President Xi Jinping’s state visit to the United States this week. China’s Vice Finance Minister Liao Min said the Monday discussions concentrated on implementing understandings reached by the two sides’ lead negotiators. He spoke briefly outside JPMorgan Chase’s headquarters in Manhattan, where […]

Tencent Holdings has launched Hy Image 3.5 Preview, its latest image-generation model, expanding its push into generative artificial intelligence as competition intensifies with ByteDance and Alibaba Group.

The model supports text-to-image creation, image-to-image generation and multi-round editing, according to Tencent Cloud documentation published alongside the release. It can accept multimodal inputs combining text and reference images, preserve context across successive editing turns and produce images at resolutions of up to 4K.

Tencent said the model improves on Hy Image 3.0 in text rendering, realism, stylistic expression and editing consistency. The company said internal evaluations showed an overall capability improvement of about 30 per cent over the previous generation, though those performance claims have not been independently established.

The new system is being integrated into Tencent products including its Yuanbao chatbot and a range of design, productivity and creative tools, while developers can access it through Tencent Cloud’s TokenHub platform. Tencent’s cloud documentation lists the model under the identifier hy-image-v3.5-preview and says it can handle up to 100,000 input tokens for conversational image-generation and editing requests.

The release places greater emphasis on iterative visual production rather than single-prompt image creation. Users can provide reference pictures, request changes over several rounds and retain earlier context, allowing the model to perform tasks such as poster design, product-image editing and other workflows that require repeated adjustments.

Tencent also says the model can use external search enhancement and automatic prompt rewriting, while its application programming interface allows developers to specify image dimensions or let the system determine an appropriate format. The model supports output of up to 4,096 by 4,096 pixels under Tencent Cloud’s documented limits.

The launch comes as China’s largest technology groups broaden their AI offerings beyond large language models and compete more aggressively in image, video and agent-based systems. ByteDance has built a strong position in visual-generation tools through its Seedream family, while Alibaba has expanded its Qwen image models alongside a wider push into cloud infrastructure and AI chips.

Tencent said testing among hundreds of its in-house designers found Hy Image 3.5 Preview performed on a level comparable with ByteDance’s Seedream 5.0 Pro. It also claimed the model slightly exceeded Google’s Nano Banana Pro and Alibaba’s Qwen-Image-3.0 Pro in its own assessments. The company did not disclose full methodology or independent benchmark results for those comparisons.

The timing also coincided with Alibaba’s annual Apsara conference in Hangzhou, where the company outlined plans for a much larger next-generation AI model and introduced its Zhenwu V900 accelerator chip. Alibaba Chief Executive Eddie Wu said the planned model would contain between five trillion and 10 trillion parameters, potentially several times the size of its current flagship system.

Tencent has been accelerating investment in its Hunyuan model family while placing more emphasis on deployment across its existing products. Its Hy3 language model, released in July, was designed around a mixture-of-experts architecture and has since been integrated into services including WorkBuddy, Yuanbao and Tencent Cloud.

The company has also strengthened its AI research leadership. Former OpenAI researcher Yao Shunyu serves as Tencent’s chief AI scientist, while computer-vision specialist Tian Yonglong joined the company in July and leads vision-language model development within the Hunyuan team.

Tencent’s Hong Kong-listed shares climbed more than 6 per cent during Tuesday trading as investors reacted to the product launch and a broader rise in technology stocks. The stock had also advanced in the previous session.

For business users, Tencent Cloud is positioning Hy Image 3.5 Preview as a professional visual-production model rather than a consumer-only image generator. Its documentation says users can combine multiple reference images with text instructions, carry generated images forward into later editing rounds and receive synchronously generated results without submitting separate polling requests.

Alibaba Group unveiled its Zhenwu V900 artificial intelligence accelerator on Tuesday, saying the processor delivers three times the performance of its predecessor and is its most powerful AI chip yet. Chief Executive Eddie Wu introduced the chip at Alibaba’s annual Apsara Conference in Hangzhou, placing proprietary semiconductors at the centre of the company’s expanding artificial intelligence strategy. Alibaba said the V900, designed by its T-Head semiconductor unit, […]

Arabian Post Staff -Dubai New World Development Co. and Abu Dhabi Investment Authority are in talks with Singapore’s UOL Group Ltd. over a potential sale of the Hyatt Regency Hong Kong, Tsim Sha Tsui, in a transaction that could value the hotel at about HK$3 billion. New World is discussing the disposal of its 50% interest in the property, while Abu Dhabi Investment Authority, or ADIA, is […]

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South Korea’s central bank began a pilot of a 24-hour won settlement network on Monday, advancing preparations to give overseas investors broader access to the country’s currency market from next year.

The Bank of Korea said the Bank of Korea Won International Wire Network started trial operations at 9am local time with KB Kookmin Bank, Woori Bank, Hana Bank and Shinhan Bank participating. Two of the banks completed transactions worth about 1.4 billion won during the initial test, according to the central bank.

Full operation is scheduled for January 2027, when foreign financial institutions are expected to gain wider access to the network. The system is designed to allow won payments and settlement during the business hours of major overseas financial centres rather than limiting activity to South Korea’s domestic banking day.

Under the planned framework, offshore investors will be able to trade the won with other foreign participants using accounts opened with Registered Foreign Institutions for KRW Business, known as RFI-Ks, in their home markets. This is intended to reduce the need for investors to open and operate separate accounts directly with financial institutions in South Korea.

The network will function continuously from 9am on each business day until 9am the following day, effectively providing round-the-clock settlement on weekdays. It will remain closed on weekends and public holidays. Foreign banks are also due to participate in the trial, although the Bank of Korea has not specified when they will enter the testing phase.

The central bank said it would monitor the pilot, refine operating arrangements and expand participation before the system moves into full service. It expects the new infrastructure to improve foreign investors’ access to won settlement and support wider international use of the currency.

The trial follows South Korea’s move in July to extend onshore dollar-won trading to a 24-hour schedule. That change removed the previous gap between Seoul trading hours and active periods in major centres such as London and New York, allowing transactions to continue through the global trading day.

Authorities have paired the longer trading window with changes to settlement arrangements because extended dealing hours alone do not remove operational barriers if investors cannot complete payments outside domestic banking hours. The new network is intended to address that mismatch by keeping settlement infrastructure available while overseas markets are active.

The initiative forms part of a broader programme to open South Korea’s foreign-exchange market and make local assets easier for global institutions to access. Seoul has also been seeking improvements in market infrastructure as it pursues developed-market classification for its equities from MSCI, whose accessibility assessments examine areas including foreign-exchange convertibility, investment flows and operational arrangements.

South Korea has already introduced the RFI framework to permit eligible overseas financial institutions to participate directly in the domestic foreign-exchange market. The settlement network extends that approach by enabling those institutions to hold and transfer won through designated accounts linked to the central bank’s payment infrastructure.

The Bank of Korea has also been modernising its core settlement systems. Its 2025 payment and settlement systems report, released last week, said operating hours for BOK-Wire+ were extended in March and that work continued on the international won network and the adoption of the ISO 20022 financial messaging standard.

The central bank has said the international network will use real-time gross settlement, a structure in which transactions are settled individually and continuously rather than being netted for later settlement. That approach is intended to limit credit risk during the payment process while supporting cross-border compatibility.

Preparations have included linked-system testing and business-continuity planning before the scheduled commercial launch. The authorities have also revised foreign-exchange regulations to accommodate the wider use of overseas won accounts and settlement channels.

Arabian Post Staff -Dubai Dubai has begun 10 days of official mourning following the death of Sheikh Ahmed bin Rashid Al Maktoum, Deputy Chairman of Dubai Police and Public Security and the younger brother of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The Court of Sheikh Mohammed announced Sheikh Ahmed’s death on Monday morning, September 21, […]

Microsoft has formally launched its India South Central cloud region in Hyderabad, expanding its domestic cloud footprint to four regions and positioning the new facility for large-scale artificial intelligence and mission-critical workloads.

The Hyderabad region operates across three availability zones and is designed to provide resilience for organisations running critical applications. Microsoft said the architecture is aligned with applicable regulatory and seismic requirements in India, while giving customers additional options for data residency, continuity and governance.

The company said the region is now live with a broad set of Azure services, with more cloud and AI capabilities scheduled to be added over the coming months. It is also intended to support Microsoft Foundry and other advanced AI services as capacity expands.

Puneet Chandok, president of Microsoft India and South Asia, said at the Microsoft AI Infrastructure Summit in New Delhi that the Hyderabad facility was built for advanced AI workloads and would serve as a strategic hub for Asia and the Global South. Microsoft also said its data centre regions across the country are now AI-enabled, combining specialised hardware, cooling systems and the platform infrastructure needed to run advanced models.

India South Central joins Microsoft’s Central India region in Pune, South India region in Chennai and West India region in Mumbai. Microsoft’s Azure region list identifies Hyderabad as India South Central and shows Central India as its paired region for disaster-recovery planning.

The Hyderabad expansion forms part of Microsoft’s $20.5 billion investment commitment to India, comprising a $3 billion investment announced in January 2025 and a further $17.5 billion commitment announced in December 2025. The company has linked that spending to cloud capacity, AI infrastructure and skills development.

The launch comes as data-centre investment accelerates across the country alongside demand for computing capacity needed to train and run AI systems. A Boston Consulting Group study cited by Microsoft estimates that India’s data-centre build-out could generate $140 billion to $200 billion in economic output through 2030. Microsoft said its infrastructure is intended to serve enterprises, start-ups and public-sector organisations.

Microsoft said Adani Group, Bajaj Finserv, HDFC Bank and PB Pay have signed up to use the new region. The company said local capacity would allow eligible cloud and AI workloads to be deployed closer to users and operations while supporting security, compliance and sovereignty requirements.

The region expands Microsoft’s Sovereign Public Cloud foundation in India. The company said its cloud regions provide capabilities aligned with Ministry of Electronics and Information Technology guidelines and are designed to help customers address requirements under the Digital Personal Data Protection framework, as well as sector-specific expectations from the Reserve Bank of India and CERT-In. Microsoft stressed that customers remain responsible for determining which rules apply to their workloads.

Capabilities expected to become available as services are rolled out include Azure confidential computing, Customer Lockbox and Azure Key Vault. These are intended to give organisations additional controls over data protection, encryption keys and Microsoft’s operational access, particularly for sensitive workloads.

Microsoft also highlighted the cooling design of the Hyderabad region, saying high-efficiency mechanical systems enable effectively zero water use for cooling. The company has tied the design to its broader 2030 sustainability goals, which include becoming carbon negative, water positive and zero waste.

Alongside the infrastructure launch, Microsoft said its AI-skilling programmes have reached more than 10 million people in India, halfway towards a target of 20 million by 2030. It also operates a 600-hour data centre training programme with Young India Skills University in Telangana aimed at preparing students for infrastructure and operations roles.

Jitin Prasada, Minister of State for Commerce and Industry and Electronics and Information Technology, said the new region would strengthen the digital infrastructure required to support the IndiaAI Mission and expand the capacity available to developers, enterprises and public institutions.

Asian share markets advanced on Monday as technology stocks rallied on continuing demand for artificial intelligence infrastructure, while crude oil prices fell as traders assessed stronger-than-expected energy flows from the Middle East.

South Korea and Taiwan led the regional gains, reflecting renewed buying in semiconductor companies tied to expanding demand for data centres, memory chips and advanced computing. South Korea’s Kospi rose about 1.4%, while Taiwan’s benchmark gained around 1% and reached a three-month high. MSCI’s broadest index of Asia-Pacific shares outside Japan added roughly 0.9%.

Chinese blue-chip shares were also firmer, rising about 0.2%, while Japan’s cash market was closed for the Silver Week holiday. Nikkei futures nevertheless edged 0.2% higher. Trading across parts of the region was thinner than usual because Japanese markets will remain shut through Wednesday.

The strength in Asian technology shares followed continued investor focus on the capital spending required to support generative AI and cloud computing. Samsung Electronics rose sharply in Seoul, while Taiwan Semiconductor Manufacturing Co gained in Taipei, reinforcing the technology-heavy tone across major regional bourses.

US equity futures also pointed higher during Asian trading. S&P 500 futures gained about 0.4% and Nasdaq futures rose 0.6%, while European futures indicated a firmer opening, with EUROSTOXX 50 and German DAX contracts advancing.

Oil prices moved in the opposite direction. Brent crude fell about 1.7% to just above $102 a barrel, while US West Texas Intermediate dropped close to 2% to around $98.50. Both benchmarks had already weakened at the end of last week.

The decline reflected signs that more crude and other energy cargoes were moving through the Gulf despite continuing disruption linked to the conflict in the region. Data from Kpler showed Saudi Arabian crude exports recovering to just above 4 million barrels per day so far in September after dropping to about 2.4 million barrels per day in August.

Saudi shipments through the Strait of Hormuz have increased after disruption to the East-West pipeline and reduced flows through the Red Sea export hub of Yanbu. JPMorgan analysts estimated that total Middle East oil flows averaged 17.1 million barrels per day over the previous 10 days, suggesting that physical supply had proved more resilient than traders initially feared.

Energy markets were also monitoring the possibility of diplomatic engagement this week, which helped reduce part of the geopolitical risk premium built into crude prices. However, tensions remained high after further attacks involving Saudi targets, leaving traders cautious about assuming that supply risks had disappeared.

Bond markets remained another constraint on risk appetite. The US two-year Treasury yield was around 4.76%, after rising sharply over the previous two weeks. Futures markets were pricing a greater-than-even chance of another Federal Reserve rate increase in October following the central bank’s hawkish guidance last week.

Higher borrowing costs have complicated the outlook for equities even as technology stocks continue to attract capital. Investors are balancing the earnings potential created by AI-related investment against the prospect that restrictive monetary policy could persist as central banks attempt to contain inflation.

The US 10-year Treasury yield was close to 5%, keeping pressure on rate-sensitive assets and supporting the dollar. The currency was little changed around 157 yen, with investors alert to the possibility of intervention by Japan’s authorities during the holiday-thinned session.

The yen had strengthened sharply on Friday after Japanese authorities conducted rate checks in the foreign-exchange market. The euro was broadly steady near $1.148 after losing ground against the dollar over the previous week.

Gold prices were little changed to slightly lower as higher bond yields offset safe-haven demand generated by Middle East tensions. Copper, meanwhile, remained supported by signs of stronger demand from China and constrained inventories.

Australia’s S&P/ASX 200 was broadly flat, lagging the technology-led advances elsewhere in the region. India’s benchmark Sensex traded higher during the session, while Hong Kong shares also advanced as investors continued to favour large technology and internet companies.

Greenlogue/AP Beam Middle East and Masdar City Free Zone have signed a memorandum of understanding to explore the deployment of smart-energy and clean-mobility technologies across the Masdar City ecosystem in Abu Dhabi. The agreement will allow Beam Middle East to introduce and supply advanced energy systems for potential use within the sustainable urban district, including off-grid electric-vehicle charging infrastructure, solar-integrated e-bike systems and other clean-energy mobility technologies. […]

Arabian Post Staff -Dubai GFH Bank has signed a partnership agreement with AlNassr Club Company, making the Bahrain-headquartered bank a partner of the Saudi football club for the 2026–2027 season as it seeks to strengthen its profile in key regional markets. The agreement was signed in Riyadh by GFH Bank chief executive and board member Hisham Alrayes and AlNassr chief executive José Semedo, with senior representatives of […]

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Arabian Post Staff -Dubai Qatar’s prime minister has called for Gulf states to act together to restore regional stability and help secure a settlement between the United States and Iran, arguing that the war should force governments to rethink how security is organised across the Gulf. “We are hoping this war is a wake-up call for everyone,” Sheikh Mohammed bin Abdulrahman Al-Thani said on Sunday at the […]

European electricity prices for the coming winter have risen to their highest levels since the 2022 energy crisis, with German January contracts trading above €180 a megawatt-hour as gas supply concerns and geopolitical disruption tighten the market across the continent now. The German benchmark on the European Energy Exchange is more than 60 per cent higher than a year ago, signalling growing concern over the cost of […]

HONG KONG SAR – Media OutReach Newswire – 19 September 2026 – Hong Kong’s Chief Executive John Lee rolled out various measures to develop Hong Kong’s key economic centres when he unveiled the First Five-Year Plan for Economic and Social Development of the Hong Kong Special Administrative Region (HKSAR) (2026-2030) and his fifth Policy Address on September 16.

Under Hong Kong’s First Five-Year Plan, Hong Kong will focus on strengthening the four centres, developing the hub for high-calibre talent, consolidating and enhancing its competitive edge as an international city.

Hong Kong’s status as world-renowned international financial, maritime and trade centres as well as an international aviation hub underpin the city’s high-quality development and provide a firm foundation for the city’s long-term stability and prosperity.

“We will consolidate and enhance Hong Kong’s status as an international financial centre, and stay committed to our global positioning,” Mr Lee said. “Hong Kong will deepen the development of its global offshore Renminbi business and capital market, develop an international asset and wealth management centre and international risk management centre, enhance the securities market and expand fixed income and commodity trading.”

Hong Kong has become the world’s largest cross‑boundary wealth management centre this year, and the HKSAR Government will continue to develop a more attractive asset and wealth management ecosystem, Mr Lee said.

Hong Kong will develop a commodity trading ecosystem with gold as an entry point by driving the development of the clearing system, storage, supply, and infrastructure related to gold trading. The city’s central clearing and settlement system for gold will be officially launched in the first quarter of 2027.

“The significance of the First Five-Year Plan for Hong Kong lies in a mindset shift; we must plan Hong Kong’s financial development with a longer-term vision and broader perspective to adapt with flexibility and diversity,” said Christopher Hui, Hong Kong’s Secretary for Financial Services and the Treasury. “Each of our initiatives centres around one objective, which is to elevate Hong Kong from a ‘corridor of capital’ to a ‘destination of choice’.”

Hong Kong was ranked the world’s fifth‑largest entity in merchandise trade in 2025. The HKSAR Government announced plans to consolidate and enhance Hong Kong’s status as an international trade centre, playing a greater role in the high‑level opening up of the Chinese Mainland.

Since the Task Force on Supporting Mainland Enterprises in Going Global was established last October, it has provided assistance, including listing and raising capital in Hong Kong, aligning with overseas standards, acquiring industry certifications and fulfilling compliance requirements for more than 340 Mainland enterprises.

The Task Force will strengthen collaboration with professional organisations to train talent for the GoGlobal initiative and enhance professional services, among other areas.

“In alignment with the National 15th Five-Year Plan’s call to advocate and practise true multilateralism, the First Five-Year Plan proposes to continue expanding international economic and trade network,” said Algernon Yau, Hong Kong’s Secretary for Commerce and Economic Development.

“We will actively forge free trade agreements and investment agreements with economies that are of development potential or strategic locations. Meanwhile, we will expand our network of overseas offices, and leverage the combined networks of our overseas Economic and Trade Offices, InvestHK, and the Hong Kong Trade Development Council offices globally to deepen overseas ties and step up trade and investment promotion.”

As an international maritime centre, Hong Kong has ranked fourth globally in maritime comprehensive strength for seven consecutive years. The Five-Year Plan will drive a “volume to value” transformation of the Hong Kong Port, capitalising on its strengths in high value‑added maritime services, to develop Hong Kong into a “Global Maritime Capital”.

To promote high value-added services, the industry will develop “Finance + Shipping”.

Taking advantage of the city’s well‑established maritime finance, insurance and maritime arbitration under common law, Hong Kong will build an integrated ecosystem under which Hong Kong‑invested enterprises adopt Hong Kong law, take out Hong Kong insurance and choose for arbitration to be seated in Hong Kong.

Regarding aviation, Hong Kong’s passenger throughput recorded a year‑on‑year increase of 15% last year, to 61 million, with flights to over 220 destinations. The city’s air cargo throughput reached 5.07 million tonnes, making its airport the world’s busiest cargo airport for the 15th year since 2010.

To strengthen development as international aviation hub, Hong Kong will expand its aviation network, and diversify business opportunities.

The HKSAR Government will continue to take the initiative to visit South America, Africa, Central Asia, the Middle East and the Caucasus to expedite the conclusion of new air services agreements and the expansion of traffic rights, thereby assisting the industry in exploring new passenger and cargo sources.

As for building Hong Kong as an international innovation and technology centre, the HKSAR Government will step up its efforts to promote artificial intelligence (AI) applications across various trades, and continue to strike a balance between encouraging innovation and protecting security, thereby enhancing Hong Kong’s international competitiveness in AI development.

In alignment with the national strategic technology areas, Hong Kong will focus on core technologies such as life and health, AI and robotics, microelectronics, new energy, advanced manufacturing and new materials. It will also continue to raise the ratio of Total Domestic Expenditure on Innovation Activities to Gross Domestic Product, striving to reach 3% after 2030.


Hashtag: #HongKong#PolicyAddress#First5YearPlan#FourCentres





The issuer is solely responsible for the content of this announcement.

CrowdSec has said a supply-chain attack involving compromised TanStack npm packages led to the unauthorised copying of about 170 private GitHub repositories after credentials linked to a departing employee were exposed. The cybersecurity company said its investigation, completed with assistance from GitHub, traced the breach to an OAuth token obtained after the employee’s account was compromised in the May TanStack attack. The repositories were downloaded on May […]

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