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Winner — Best Deal of the Year

Cushman & Wakefield’s Capital Markets team has been recognized for delivering Hong Kong’s largest office asset transaction since 2021. Facilitating Alibaba Group and Ant Group’s acquisition of their new regional headquarters premises at One Causeway Bay, this landmark HK$7.2 billion deal marks a significant milestone for the city’s commercial real estate market and underscores Hong Kong’s enduring appeal to global technology companies seeking regional headquarters opportunities. It highlights Cushman & Wakefield’s pivotal role as a key link between enterprises of different regions, further solidifying its leading position in complex cross-border transactions. This iconic deal has been widely reported and headlined by more than 100 media outlets globally.

Francis Li, International Director, Vice President and Head of Capital Markets, Greater China, Cushman & Wakefield, said, “This award reflects our team’s market expertise, integrity, and commitment to client outcomes, while adhering to the stringent RICS standards. It also reflects our deep market relationships and dedication to clients, the industry, and contributing to Hong Kong’s continued growth.”

Winner — Valuation Team of the Year

Committed to building a future-ready Hong Kong defined by sustainability, innovation, and lasting value, Cushman & Wakefield’s Valuation & Advisory Services team draws on more than 30 years of hands-on experience across Greater China. It partners with the Hong Kong government and private-sector visionaries to shape the infrastructure and public services that matter — spanning transport, utilities, healthcare facilities, and urban renewal. As a total solution hub, the team connects end-to-end expertise across valuation, advisory, ESG, financing and feasibility to turn ambition into action.

Andrew Chan, Managing Director, Head of Valuation & Advisory Services, Greater China, Cushman & Wakefield, said, “We are deeply honored be named Valuation Team of the Year at the RICS Hong Kong awards for the third consecutive year, marking our fourth “Valuation Team” award in six years. This accolade reflects the unwavering dedication, professionalism, and innovation of our valuation team. Serving major development initiatives, our team is proud to help shape Hong Kong’s future with our valuation expertise. Since 1993, we have continually evolved our capabilities — integrating ESG, sustainability, and emerging asset classes to deliver best-in-class solutions while nurturing the next generation of industry leaders.”

John Siu, Managing Director, Hong Kong, Cushman & Wakefield, added, “Congratulations to our outstanding teams for demonstrating our progressive spirit and client-first mindset once again. These prestigious accolades reinforce Cushman & Wakefield’s market leadership and brand strength. Moving forward, we will continue to elevate industry standards and deliver unparalleled value to our clients.”

Photos:
Winner – Best Deal of the Year: Hong Kong & China Capital Markets team
Winner – Valuation Team of the Year: Hong Kong Valuation & Advisory Services team

Please click HERE to download high-resolution photos.

Hashtag: #CushmanWakefield

http://www.cushmanwakefield.com.hk
http://www.linkedin.com/company/cushman-&-wakefield-greater-china

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 53,000 employees in nearly 350 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2025, the firm reported revenue of $10.3 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

By K Raveendran Escalating tensions between the United States and Iran are threatening to push global oil markets into another period of turbulence, but India has found an unexpected measure of protection in President Donald Trump’s decision to ease sanctions on Russian energy. The policy reversal, driven partly by Washington’s own need for Russian diesel, […]

The article India Gains Crucial Oil Lifeline Amid Iran Tensions And Crude Oil Spikes appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By T N Ashok NEW YORK: The latest diplomatic signals from Washington and New Delhi suggest that a prolonged India–US trade confrontation may finally be approaching a settlement. US President Donald Trump says a deal is close. Secretary of State Marco Rubio, after meeting External Affairs Minister S. Jaishankar in Mumbai on October 20, has […]

The article India-U.S. Trade Deal Draft Is Ready, But Still There Are Few Gaps appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Exploring Emerging Opportunities in AI, Smart Supply Chain Management, ESG and Sustainability

Free Admission Open for Public Registration Now

HONG KONG SAR – Media OutReach Newswire – 24 October 2026 – Amid the reshaping of global supply chains, the rapid advancement of artificial intelligence (AI) technologies, and the rise of emerging industries such as the low-altitude economy, the logistics industry is entering a new wave of smart transformation. Organised by the Hong Kong Productivity Council (HKPC) and funded by the Logistics Promotion Funding Scheme (LPFS) under the Maritime and Aviation Training Fund of the Transport and Logistics Bureau of the HKSAR Government, LogTech Expo 2026 will take place on 29 October (Thursday) at the InnoCentre in Kowloon Tong. Under the theme “Smart-Driven Transformation, Leading the Future of Logistics”, the Expo will bring together more than 50 logistics, supply chain and innovation and technology enterprises, alongside logistics industry leaders and experts, to share insights through a series of forums and discussions. The event will provide a one-stop platform for the industry to stay abreast of the latest logistics technology trends and developments. Admission is free, and online registration is now open.

As one of the major annual events in Hong Kong’s logistics technology sector, the Expo will feature the latest applications and achievements in smart logistics. From AI and big data analytics, smart warehousing and robotics, and automated supply chain management systems, to cross-border e-commerce logistics, green logistics, new energy transportation and drone delivery solutions, visitors will be able to experience first-hand how technology is reshaping logistics operations and helping enterprises enhance efficiency and competitiveness.

Renowned Enterprises and Organisations Showcase the Entire Smart Logistics Value Chain
This year’s Expo will bring together renowned brands and organisations from the logistics and technology sectors, including SF Supply Chain, Hong Kong Customs and Excise Department, Hongkong Post, Auto-ID Technology, HSM Industrial Solution, Tradelink, GS1 Hong Kong, ShipAny and Axis Communications, showcasing innovative solutions that support digital transformation and intelligent operations across the logistics industry. Visitors can explore the following technology zones:

• AI and Data Applications Zone: Leveraging AI, big data and automation technologies to enhance logistics planning and operational efficiency;
• Smart Warehousing and Robotics Zone: Showcasing intelligent sorting systems, automated warehousing and robotics solutions;
• Smart Supply Chain and Digital Platform Zone: Featuring WMS, TMS and digital supply chain management systems;
• Cross-border E-commerce and Delivery Zone: Showcasing innovative models in global fulfilment and smart delivery;
• ESG and Green Logistics Zone: Focusing on new energy transportation, carbon reduction technologies and sustainable logistics development;
• Low-Altitude Economy Zone: Exploring emerging applications such as drones and last-mile delivery solutions.

Visitors will not only be able to learn how innovative technologies are applied in real-world business scenarios but also engage directly with solution providers and industry experts to explore opportunities for collaboration and transformation.

10 Thematic Seminars and Sharing Sessions Focus on the Future of Logistics
In addition to the exhibition, the Expo will feature 10 thematic forums and technical sharing sessions covering key industry topics including AI, supply chain digitalisation, cross-border e-commerce, the low-altitude economy and logistics innovation.

The opening seminar, “Smart Tools for Logistics: Practical AI Applications and Insights”, will be moderated by Ryan IP, Vice President and Executive Director of the Public Policy Institute of Our Hong Kong Foundation, and feature a panel comprising Professor Kee-hung LAI, Head of the Department of Logistics and Maritime Studies and Chair Professor of Shipping and Logistics at The Hong Kong Polytechnic University; Sunny HO, MH, JP, FCILT, Executive Director of the Hong Kong Shippers’ Council; Keno Tai-yip CHEUNG, President of The Chartered Institute of Logistics and Transport in Hong Kong; and Suki CHEUNG Shuk-ming, Chief Executive Officer of MG Ship. Together, they will discuss how AI can enhance logistics operational efficiency, drive supply chain digitalisation, and support Hong Kong’s development as a smart logistics hub.

In addition, experts from organisations including Profit Sky International Industrial, ShipAny, Tradelink, Axis Communications and GS1 Hong Kong will share real-life business cases, enabling visitors to gain deeper insights into digital twins, cross-border e-commerce, supply chain visibility and AI applications in logistics.

Promoting Cross-sector Collaboration to Shape the Future of Logistics
The Expo is supported by more than 20 industry organisations, including the Airport Authority Hong Kong, Cathay Cargo, Hong Kong Shippers’ Council, Hong Kong Logistics Association, Chartered Institute of Logistics and Transport in Hong Kong, Cyberport and the Logistics and Supply Chain MultiTech R&D Centre. It serves as an effective platform for industry exchange and business matching, fostering innovative collaboration and industry upgrading.

Admission is free. Logistics practitioners, supply chain professionals, manufacturers, e-commerce businesses, technology solution providers, academics, and members of the public interested in the development of logistics technology are welcome to attend.

Event Details
LogTech Expo 2026
Date: 29 October 2026 (Thursday)
Time: 10:00 am – 5:30 pm
Venue: InnoCentre, 72 Tat Chee Avenue, Kowloon Tong
Admission Fee: Free (Advance registration required)
Register Now: https://campaigns.hkpc.org/zh-hk/tc-rsvp-logtech_expo_2026
Exhibitor List: View Exhibitor List

Hashtag: #HKPC

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

About the Hong Kong Productivity Council

The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.

HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.

To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.

HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical, assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.

For more information, please visit HKPC’s website: www.hkpc.org/en.

HONG KONG SAR – Media OutReach Newswire – 23 October 2026 – Hongkong Land Holdings Limited (“Hongkong Land”) today published Building Value That Lasts: Quantifying the Return on Climate Resilience in Real Estate. The report developed with Marsh puts a financial value on designing buildings for a changing climate. Its case study is Westbund Central, Hongkong Land’s mixed-use waterfront development of approximately 1.7 million sq. m. on Shanghai’s Huangpu River.

The report finds that the development’s resilience measures cut expected storm-surge losses by 84% and rainfall-flood losses by 88% under today’s conditions. Westbund Central’s resilience measures are expected to keep storm-surge and rainfall-flood losses in 2050 below the losses an unprotected building would face today.

Closing the resilience valuation gap

Climate risk now shapes how real estate is assessed, financed and insured. Almost every climate related disclosure acknowledges the need for adaptation, yet fewer than one in ten puts a number on it. Hongkong Land and Marsh set out to close that gap together by treating resilience as an investment with a measurable return, not a cost to be absorbed.

Resilience pays, and the reductions are large

Working with global leading insurance broker and risk advisor Marsh, Hongkong Land modelled the average annual loss (AAL) at Westbund Central from storm surge, rainfall flooding and wind. AAL is the expected yearly cost of physical damage. The modelling compared climate risks today and in 2050 for buildings with and without resilience measures beyond those required by building codes. It assumed a future in which global greenhouse-gas emissions remain high.

Without the development’s enhanced resilience measures, expected storm-surge losses would more than double and wind losses would more than triple by 2050. The measures reduce expected losses as follows:

• storm-surge losses fall by 84%, both today and in 2050
• rainfall-flood losses fall by 88% today and 79% in 2050
• wind losses fall by 36% today and 31% in 2050

Built for the climate of 2050

Westbund Central was engineered for projected climate conditions in 2050, rather than historical conditions. These measures significantly reduce the impact of increasing climate risk:

• Storm surge: with Westbund Central’s resilience measures in place, average annual losses in 2050 are projected at 0.12%, compared with 0.38% for a building without these measures today.
• Rainfall flooding: with the resilience measures in place, average annual losses in 2050 are projected at 0.05%, compared with 0.19% for a building without these measures today.

Insurers are raising premiums, tightening terms and withdrawing cover from exposed locations. In that market, a lower and more stable loss profile matters.

Westbund Centrals resilience features include:

• 23% more drainage capacity, protecting against a 1-in-100-year rainfall event
• Grade 1 waterproofed basements and the elevation of critical equipment
• A “Sponge City” network of more than 12 features designed to capture and store stormwater, with capacity exceeding 2,000 m³

The figures are conservative. They count physical damage only and exclude extreme heat, the fastest-growing hazard at the site, which the development manages through design and operations.

Michael T. Smith, Group Chief Executive of Hongkong Land, said: “Climate change is a significant force reshaping real estate. At Westbund Central, climate resilience is core to all that we do because we believe resilience and commercial performance reinforce each other. This report shows the return on that investment can be measured today, with tools that already exist. The industry no longer has any excuse not to.”

Stuart Grant, Chief Executive of Westbund Central, said: “A premium destination is a seamless one. Much of the resilience work at Westbund Central is deliberately invisible to the tenants and visitors who use it every day. Its value shows in the disruption that never reaches them. Keeping the precinct open, comfortable and trading regardless of weather conditions is how resilience facilitates commercial performance.”

Michael Li, Chairman and President of Marsh Risk China, said: “Climate risk is now a balance-sheet risk. Westbund Central shows that adaptation pays back through lower loss exposure and stronger access to capital. As a risk orchestrator, Marsh matches protection needs to capital flows, helping clients quantify resilience and close the valuation gap.”

A method for the industry

The report is offered as a method others can apply, not just as an account of one development. It traces how climate risk can be assessed from site selection through to operations and linked to financial outcomes. It calls on the industry to:

• quantify early, at site selection and design, when action is most cost-effective
• bring insurers and lenders in from the start
• build a shared standard so resilience can be benchmarked across assets, as carbon already is

For further details, please see the full report which is available for download [here].

Hashtag: #HongkongLand

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

Westbund Central

Hongkong Land’s Westbund Central is the Group’s largest-ever single investment. Scheduled to complete in phases up until 2028, it is an US$8 billion development encompassing approximately more than 1.7 million sq. m. of prime mixed-use property strategically located at Shanghai’s Xuhui Waterfront. It is a flagship development of Hongkong Land’s prime commercial properties’ CENTRAL Series. The ultra-premium integrated commercial property includes 240,000 sq. m of retail space, 650,000 sq. m. of premium Grade A offices, 160,000 sq. m. of high-end waterfront luxury residences, two hotels (55,000 sq. m.) and over 50,000 sq. m. of cultural and art venues.

Hongkong Land

Hongkong Land is a major listed property development, investment and management group. It focuses on developing, owning and managing premium and ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. With over US$50 billion in assets under management, Hongkong Land’s ultra-premium mixed-use real estate footprint spans over 1.97 million sq. m. lettable area in operation and 1.43 million sq. m. lettable area under development, with flagship mixed-use projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. Established in 1889, Hongkong Land takes a long-term view, investing significantly alongside its capital partners and concentrating its portfolio where it can create the most value for tenants, customers and investors. Hongkong Land Holdings Limited has a primary listing on the London Stock Exchange, with secondary listings in Singapore and Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

Marsh
Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

By Rahil Nora Chopra The UP Congress is gearing up for the 2027 Assembly elections and negotiating the seat-sharing arrangement with the Samajwadi Party (SP). With the aim of outlining the terms of negotiations with the SP, Congress general secretary Priyanka Gandhi held a three-hour-long meeting with UP Congress leaders regarding seat allocation. The Congress […]

The article Priyanka Meets UP Congress Leaders To Chalk Out Seat-Sharing Terms appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

NAF 2026 is designed as an action-oriented platform connecting global investors, industry leaders, and policymakers to advance investment opportunities across strategic sectors. Moving beyond conventional economic dialogue, the forum seeks to translate investment interest into concrete commitments, financing structures, and measurable outcomes.

Pahala Nugraha Mansury, Managing Director of Global Relations & Communications at Danantara Indonesia, emphasized Asia’s growing potential to attract long-term global capital amid shifting economic and geopolitical dynamics.

“Our focus is on encouraging long-term capital to recognize the many investment opportunities across Asian countries, because this is precisely where the center of gravity for growth lies. This will enable growth at scale, anchored by ASEAN and driven by Indonesia as the largest country in ASEAN,” said Pahala.

The Asia-Pacific region currently accounts for nearly 60% of global economic growth. However, long-term international capital allocation to the region remains below its potential, presenting significant opportunities for greater investment collaboration.

NAF 2026 expects to convene more than 1,000 global leaders, feature over 100 speakers, and host more than 40 sessions involving sovereign wealth funds, institutional investors, development finance institutions, multinational corporations, and government representatives. Notable speakers include President Prabowo Subianto of Indonesia; Masayoshi Son, Chairman and CEO of SoftBank Group; Tshering Tobgay, Prime Minister of Bhutan; Kathleen Quirk, Chief Executive Officer of Freeport-McMoRan; Matteo Renzi, former Prime Minister of Italy; and Israfil Mammadov, Chief Executive Officer of the State Oil Fund of the Republic of Azerbaijan.

The forum will follow a two-day structure: Discovery & Diligence on 3 December, focusing on investment opportunities, feasibility, and transaction structures; and Action & Execution on 4 December, advancing capital commitments, strategic partnerships, and implementation milestones.

Eight priority sectors will anchor the discussions: strategic resources and downstreaming; energy and power; advanced mobility and manufacturing; digital infrastructure and AI; food and agribusiness; trade and connectivity; tourism and creative economy; and education and human capital.

As a founding partner, Danantara Indonesia will participate as a co-investor alongside global partners, supporting investment in strategic sectors and reinforcing Indonesia’s role in regional economic transformation.

Through its transaction-focused approach, NAF 2026 aims to deliver preliminary investment agreements, bankable financing structures, and clearly defined implementation milestones. Investment commitments and progress will be tracked across subsequent editions to promote accountability, continuity, and tangible economic impact for Indonesia and the wider region.

Hashtag: #NewAsiaForum2026

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

By Nilotpal Basu The struggle over defending the right to vote has spilled over to issues which are more fundamental to Indian nationhood. At the same time, it has also inevitably brought to fore the question of right to peaceful protest and public assembly. These are the issues which were once thought to have been […]

The article Asserting The Tricolour And Right To Protest Is A Positive Development appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

An annual global awards programme affiliated with the World Travel Awards, the World Culinary Awards celebrates excellence and innovation across the culinary industry.

The accolade recognises Vietnam Airlines’ continued investment in its inflight dining experience as part of its ambition to achieve five star service standards by 2030. Drawing on Vietnam’s rich culinary heritage and locally sourced ingredients, the airline’s menus bring together regional specialities, contemporary cooking techniques and thoughtful presentation. Dishes are tailored to individual routes and cabin classes, taking into account passenger preferences and the unique demands of dining at altitude.

From Pho and Hue style beef noodle soup to Quang style noodles and Banh Mi Hoi An, iconic Vietnamese dishes feature prominently on Vietnam Airlines’ menus. Each dish is carefully crafted to retain its authentic flavours, taking into account how changes in taste perception at altitude can affect the inflight dining experience. Vietnam Airlines also works closely with its catering partners and cabin crew to ensure consistent food quality, serving temperatures and presentation across its flights.

Beyond its signature dishes, Vietnam Airlines showcases the country’s agricultural diversity through locally grown produce. Seasonal ingredients include strawberries and plums from Son La, lychees from Luc Ngan, egg lychees and longan from Hung Yen, macadamia nuts from Dien Bien, cashews from Dong Nai, and dragon fruit and melons from Lam Dong. The selection varies according to seasonal availability and inflight catering requirements.

In the first nine months of 2026, Vietnam Airlines and its affiliated catering companies used a total of 2,260 tonnes of domestically grown fruits and vegetables, supporting local producers and bringing the flavours of Vietnam to passengers on board.

The airline also works with local authorities to share the stories behind these ingredients and the communities that produce them. Through Heritage magazine, inflight entertainment and other communication channels, passengers can discover the origins of the food served on board and the regional traditions behind each speciality.

Dang Anh Tuan, Executive Vice President of Vietnam Airlines, said: “This award is a proud milestone for Vietnam Airlines and a testament to our commitment to delivering an exceptional inflight dining experience. It also underscores the international appeal of Vietnamese cuisine and its potential to connect travellers with our country’s cultural identity. As Vietnam’s national flag carrier, we see every journey as an opportunity to share the richness of our culinary heritage, the diversity of our regional produce and the warmth of Vietnamese hospitality. As we work towards achieving five-star service standards by 2030, we remain focused on meeting the highest international standards while preserving the distinctive Vietnamese character that sets our service apart. Ultimately, we want every meal on board to be a memorable part of the journey and a reason for passengers to fly with us again.”

Beyond inflight dining, Vietnam Airlines incorporates Vietnamese cultural elements throughout the passenger journey, from airport services and Lotus lounges to its onboard products and services. The golden lotus in its brand identity, flight attendants’ traditional ao dai uniforms and the Lac bird motif on its aircraft all reflect the country’s heritage. Vietnamese cuisine adds another dimension to this cultural experience, introducing international passengers to the country’s regional flavours and culinary traditions.

Through these efforts, Vietnam Airlines continues to promote Vietnam’s cultural heritage and share its distinctive identity with the world as the country’s national flag carrier.

Hashtag: #VietnamAirlines

http://www.vietnamairlines.com/

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