Department of Culture and Tourism – Abu Dhabi will stage the second edition of the Ghaitah Al Ain Festival from 20 to 27 March 2026, expanding a family-oriented cultural celebration that blends entertainment, heritage and community activities at ADNEC Centre Al Ain. The eight-day event forms part of a broader strategy to strengthen the city’s cultural calendar while reinforcing Al Ain’s position as a leading tourism and […]
Shiba Inu has begun to recover momentum in the cryptocurrency market as traders focus on a key technical threshold that could determine the token’s next direction. The digital asset has been trading around $0.0000059, approaching a resistance level near $0.0000062 that analysts say could trigger a stronger bullish move if broken. Market participants have increasingly highlighted the importance of this price band following weeks of consolidation that […]
Hashtag: #ForvisMazars #ForvisMazarsSingapore #APACBusiness #BusinessOutlook2026 #ExecutiveInsights #LeadershipTrends #AIAdoption #DigitalTransformation #Sustainability #ClimateResilience
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The issuer is solely responsible for the content of this announcement.
About Forvis Mazars in Singapore
Forvis Mazars Group SC is an independent member of Forvis Mazars Global, a leading professional services network. Operating as an internationally integrated partnership in over 100 countries and territories, Forvis Mazars Group specialises in audit, tax and advisory services. The partnership draws on the expertise and cultural understanding of over 40,000 professionals across the globe to assist clients of all sizes at every stage in their development. Forvis Mazars in Singapore is part of the Forvis Mazars Group. Our clientele benefits from the combined expertise of 400+ Singapore-based professionals and our international team.
About Forvis Mazars APAC
Present in Asia Pacific since 1997, Forvis Mazars operates in more than 15 countries and territories in the region and draws on the expertise of over 10,100 professionals in more than 60 offices. We work as one integrated team, leveraging expertise, scale and cultural understanding to deliver exceptional and tailored services in audit and accounting, as well as tax, financial advisory, outsourcing, consulting, sustainability and legal services.
www.forvismazars.com/sg | https://www.forvismazars.com/group/en/who-we-are/geographic-footprint/asia-pacific | https://www.linkedin.com/company/forvis-mazars-singapore
Widespread Absence of Credit Defense Mechanisms
According to the findings, more than 70% of Hong Kong SMEs lack robust credit defense mechanisms. The report highlights that many businesses fail to perform in-depth credit due diligence on new clients or establish firm payment thresholds.
Alex Yeung, founder of CollectForU Expert, noted that a high percentage of SMEs remain in a state of low defense regarding credit management. Yeung emphasized that bad debts in B2B transactions often have a domino effect. He stated that if a company focuses solely on gross margins while ignoring the operational stability of a counterparty, a single large-scale default could potentially eliminate an entire year of net profit. He recommends that businesses establish standardized defense systems including background checks, credit limit settings, and continuous monitoring to ensure operational safety.
The 90-Day Recovery Threshold
The joint report identifies the 90-day mark as a critical watershed for the successful recovery of overdue accounts. Many SME owners hesitate to take action during the early stages of delinquency to preserve client relationships, which inadvertently increases the risk of asset dissipation or insolvency proceedings by the debtor.
Obis Tsang, founder of Debt Hunter and a professional mediator, stated that the success rate of commercial debt recovery is inversely proportional to the duration of the delinquency. Once a debt is overdue by more than 90 days, the probability of recovery decreases significantly. Tsang suggested that early intervention by specialized third parties should be viewed as a rational tool for commercial negotiation. Engaging mediation-focused professionals can facilitate viable repayment plans and prevent the loss of claims due to excessive delays.
Strategic Recommendations for SMEs
In response to the current economic environment, both institutions advise SMEs to adopt a proactive approach to credit defense rather than waiting for defaults to occur:
CollectForU Expert and Debt Hunter intend to continue their collaboration to standardize credit management practices and enhance the financial resilience of Hong Kong SMEs.
Hashtag: #CreditManagement #AccountsReceivable #CollectForU #DebtHunter #DebtCollection #HongKongSMEs
https://www.debt-hunter.com/enhttps://www.linkedin.com/company/debt-hunterhttps://www.facebook.com/DebtHunterHK
Wechat: DebtHunterHKhttps://www.instagram.com/debthunterhk
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Debt Hunter is a commercial debt resolution agency founded by professional mediator Obis Tsang. The firm prioritizes negotiation and mediation as its core service philosophy. Debt Hunter was awarded the “Mediate First” Pledge Star Logo Award by the Hong Kong Department of Justice, in recognition of its commitment to mediation practices. Recognized by HackerNoon as a “Startups of the Year 2023” in Hong Kong, the firm employs a strategy involving legal compliance, behavioral insights, and big data to resolve commercial disputes. The agency has processed over 10,000 commercial cases to provide rational asset protection for its clients.
Website: https://www.debt-hunter.com/en
CollectForU Expert was founded by Alex Yeung, who possesses over 15 years of practical experience in commercial debt recovery and credit management. The firm provides integrated solutions ranging from credit risk early-warning systems to accounts receivable recovery, with a focus on maintaining corporate reputation and long-term partnerships. CollectForU Expert utilizes behavioral psychological analysis and commercial negotiation techniques to resolve complex financial disputes and helps SMEs optimize internal credit processes.
Website: https://www.collect4u-expert.com
Al Habtoor Polo and Jehangiri Polo have secured places in the final of the fourth Dubai Polo Challenge Cup after winning their respective qualifying matches at the Al Habtoor Polo Resort and Club in Dubai, setting up a decisive clash in one of the region’s prominent mid-handicap tournaments. The competition, staged at the sprawling polo grounds on the outskirts of Dubai, features four teams with handicap ratings […]
A sophisticated malware operation targeting software developers has expanded its reach by exploiting trusted extension ecosystems, with security researchers uncovering dozens of malicious packages distributed through the Open VSX marketplace. The campaign, known as GlassWorm, now relies on hidden transitive dependencies to introduce malicious code into developer environments, marking a notable shift in tactics within the growing wave of software supply-chain attacks. Security analysts have identified at […]
By K Raveendran #Oil markets have entered a phase of acute uncertainty as military escalation involving strikes on Iran and the resulting closure of the Strait of Hormuz begin to reverberate through global energy supply chains. Within just over a week of the disruption, more than 12 million barrels of oil equivalent per day of […]
The article Analysts See Prolonged War Cutting Up To 70% Of Crude Output appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Autonomous taxi operations in Abu Dhabi are expanding across Yas Island as authorities push forward with plans to integrate self-driving transport into everyday mobility. The Integrated Transport Centre, operating under the Department of Municipalities and Transport, announced the extension of commercial driverless taxi services across the island, marking a further step in the emirate’s strategy to build a technology-driven transport ecosystem. The initiative […]
By Nitya Chakraborty As the U.S. Israel war against Iran entered its fourteenth day on Friday March 13, in the diplomatic corridors in the UN headquarters in New York and in other major capitals including the EU headquarters in Brussels, speculation has started on what can be the likely stand of Iran’s two allies China […]
The article China, Russia Join Hands To Move Cautiously In Defending Their Ally Iran In War Against U.S. appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
HONG KONG SAR – Media OutReach Newswire – 13 March 2026 – Centre of Advanced Power and Autonomous Systems (APAS), under the Hong Kong Productivity Council (HKPC),made its debut at The Battery Show Asia held from 10 to 12 March. During the exhibition, APAS set up a dedicated showcase area to present eight innovative battery technology solutions featuring high safety standards and intelligent capabilities for the first time. In parallel, APAS hosted the second edition of the New Energy Summit during the exhibition. The summit brought together five industry experts and scholars from Hong Kong, Singapore, Thailand, India and Switzerland to deliver speeches on various topics related to new energy and energy storage. Speakers shared the latest industry developments and application trends, fostering international technology exchange and collaboration.
Mr Yonghai DU, Chief Innovation Officer of HKPC and General Manager of APAS, said, “In line with the strategic priorities set out in the outline of the 15th Five-Year Plan for emerging and future industries such as new energy, advanced energy storage and hydrogen energy, energy technologies are entering an unprecedented period of growth. The outline also emphasise the pursuit of smart, green, and integrated development of industry, injecting long-term momentum for the new energy development. For many years, HKPC has been committed to market-led technology R&D. APAS focuses on areas including new energy technologies, green transportation, smart mobility, intelligent systems and emerging applications, actively translating research outcomes into market-ready solutions to help industries enhance technological capabilities and industrial value.”
He added, “Through this international platform, we hope to strengthen our collaboration with enterprises and research institutions from around the world. Hong Kong can play a more proactive role as a connector between Chinese Mainland and the global market in the development of innovation, international standards and the practical application of new energy technologies, thereby enhancing the city’s global competitiveness in the new energy industry. Looking ahead, APAS will continue to focus on research and practical applications in new energy and intelligent systems, while advancing technological innovation and cross-regional collaboration to support both the nation and Hong Kong in fostering emerging industries and future industries.”
First Participation in The Battery Show Asia, Highlighting Battery Technology Achievements
The Battery Show Asia brings together more than 20,000 industry representatives from Chinese Mainland, Japan, Korea, Southeast Asia, India, Europe and the United States, including policymakers, technology innovators, engineers, manufacturers and industry experts. Covering battery manufacturing, energy storage solutions and new energy transportation industries, the exhibition serves as an international platform integrating technology showcase, industry exchange and business collaboration.
In its first participation in the exhibition, APAS showcased its research strengths in new energy technologies and emerging applications by presenting a range of innovative battery technology solutions. The showcase aims to contribute to the development of the battery industry while providing an important platform for Hong Kong to connect with global technologies and markets, facilitating cross-regional exchange and collaboration.
APAS set up a dedicated exhibition area to present several research outcomes developed in collaboration with industry partners, including:
These solutions feature high safety standards, intelligent capabilities, and flexible applications. They support a wide range of sectors, including electric transportation and smart mobility, marine and industrial applications, specialised equipment, aerospace and high-end manufacturing, medical devices, consumer electronics, home assistive equipment and portable energy storage for travel.
Hosting New Energy Summit to Jointly Build a Sustainable Future
During the exhibition, APAS also hosted the second New Energy Summit, which brought together industry leaders and academic experts from Hong Kong, Singapore, Thailand, India and Switzerland. The summit focused on key topics related to new energy development and applications, providing a platform for speakers to share insights and engage in discussions with industry professionals in attendance.
The summit focused on two key themes — new energy and advanced materials — bringing together global experts to explore technological development and industrial applications. In the new energy sector, a representative from The Hong Kong and China Gas Company Limited introduced innovative hydrogen energy technologies and their potential applications in promoting clean energy development in Hong Kong. Representatives from energy technology companies and alliances in Switzerland, India and Thailand shared the latest trends and practical applications in energy storage technologies, as well as the integration of renewable energy with smart infrastructure. In the field of advanced materials, a scholar from the Department of Materials Science and Engineering at the National University of Singapore highlighted the critical role of nanotechnology in energy and sustainable development, offering insights into the future landscape of sustainable new energy.
Through this cross-regional and cross-industry platform, APAS aims to promote international technology exchange and collaboration, accelerate the application of new energy technologies and drive industry transformation, contributing to a more resilient and sustainable future energy ecosystem.
Advancing Technologies onto the Global Stage, Reinforcing Hong Kong’s Connectivity Advantages
HKPC actively participates in various international exhibitions and industry exchange activities to showcase innovative solutions co-developed with industry partners. Leveraging Hong Kong as a platform, HKPC supports enterprises in expanding into international markets and advancing cutting-edge technologies and standards worldwide.
Through international exhibitions and collaboration initiatives, HKPC further strengthens Hong Kong’s role as an important connector between Chinese Mainland and the world. In line with the Government’s 2026-27 Budget to attract large-scale international exhibitions to Hong Kong and promote the city’s exhibition brand globally, HKPC will continue to participate in international exhibitions and foster industry exchanges to drive innovation showcase and collaboration.
Hashtag: #APAS
The issuer is solely responsible for the content of this announcement.
Centre of Advanced Power and Autonomous Systems (APAS) (formerly Automotive Platforms and Application Systems R&D Centre) was established in 2006 and is fully integrated as a business division under HKPC on 1 April 2025. APAS continues to undertake market-led R&D programmes spanning green transportation, smart mobility, intelligent systems and emerging applications, as well as commercialises R&D results in collaboration with industry, universities and technology institutes to enhance the competitiveness of Hong Kong’s automotive and other transportation sectors in new energy and smart driving.
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.
Shiba Inu has staged a modest rebound after a prolonged slide, prompting speculation among crypto traders that the meme-inspired token could be approaching a technical breakout. The price movement has revived debate about whether the digital asset can escape months of bearish pressure or whether the uptick represents only a short-lived relief rally. Market data shows the token climbing from levels near $0.0000055 to around $0.0000060 during […]
BlackRock has introduced a new exchange-traded fund offering investors exposure to ethereum alongside staking-based income, marking another step in the expansion of institutional products tied to digital assets. The fund, trading under the ticker ETHB, opened with more than $100 million in assets and generated over $15 million in trading volume during its first day on the market, signalling strong early demand from investors seeking yield in […]
This landmark transaction ranks among the significant Identity and Access Management acquisitions in Asia. It underscores i-Sprint’s strategic importance in the region’s cybersecurity landscape as AI-driven threats, machine identity proliferation, and tightening regulatory requirements reshape cybersecurity across the region. The deal positions i-Sprint for its next phase of innovation and global expansion, as it continues to invest in next-generation capabilities, while expanding its footprint across the region.
This milestone firmly establishes i‑Sprint as one of the region’s largest independent IAM, Quantum Safe and Mobile cybersecurity provider.
Dutch Ng, Chief Executive Officer of i-Sprint, commented:
“This Management Buy-Out is a defining moment for i-Sprint and a testament to the strength of the business we have built and our deep belief in its future. Partnering with KV Asia Capital provides us with the strategic tools and capital to accelerate growth while preserving the entrepreneurial spirit and customer focus that define i-Sprint. We are grateful for the trust and support of our clients, partners, and team—and excited about the future we’re building together.”
KV Asia Capital has a proven track record of scaling growth-stage companies across Asia. Their expertise and financial backing will enable i-Sprint to enhance product offerings, invest in cutting-edge R&D, and pursue new market opportunities with greater agility.
Lee Gan Ping, Managing Director, at KV Asia Capital, said:
“We are thrilled to partner with i-Sprint’s founders and management team, whose deep domain expertise and track record has earned the trust of Asia’s leading financial and government institutions. As identity and authentication become increasingly complex and relevant, we look forward to supporting the team in their next chapter of growth. Together, we will scale i-Sprint’s global footprint through accelerated R&D investments and strategic M&A.”
The existing management team will continue to lead the company, ensuring seamless operations and a continued focus on delivering innovative and superior products and services.
Hashtag: #iSprint
The issuer is solely responsible for the content of this announcement.
i-Sprint Innovations is a global leader in Digital Identity, Mobile Security, PQC App Migration, and Brand Protection solutions. For 25 years, i-Sprint has provided award-winning security solutions to financial institutions, multinational corporations, and government agencies worldwide.
KV Asia Capital is a private equity firm dedicated to partnering management teams and companies across Southeast Asia. The firm has a multi-year track record of successfully investing behind management teams to drive strategic transformation and growth of mid-market businesses into regional success stories.
Arabian Post Staff -Dubai Property developers across the United Arab Emirates are expected to slow expansion plans and focus on preserving liquidity as conflict across the Middle East unsettles investor sentiment and weakens buyer appetite, according to an assessment by Fitch Ratings. The credit rating agency signalled that developers are likely to curb new project launches, delay land purchases and tighten spending while geopolitical uncertainty clouds […]
Cyber-criminals have compromised hundreds of legitimate WordPress websites in a global operation designed to infect unsuspecting visitors with information-stealing malware, raising fresh concerns about the security of widely used web platforms and the increasing sophistication of social-engineering attacks. Threat researchers at cybersecurity firm Rapid7 say attackers infiltrated more than 250 websites across at least 12 countries, including the United Kingdom, United States, Germany, Canada, Australia, Brazil, Israel […]
SINGAPORE – Media OutReach Newswire – 11 March 2026 – Nelipak® Corporation (“Nelipak”), a leading global provider of healthcare packaging solutions, today announced the opening of its new Asia-Pacific Technical Development Center located in Singapore. This new facility establishes an integrated technical development capability in the Asia-Pacific region combining Nelipak’s flexible and rigid sterile barrier packaging design and innovation capabilities under one roof.
This investment marks a major milestone in Nelipak’s global growth strategy and establishes a permanent technical and innovation presence in one of the world’s fastest-growing medical device innovation and manufacturing hubs. Its strategic location in Singapore offers a launchpad to Asia-Pacific’s medtech and biomedical industries, owing to the country’s strong global connectivity and growing healthcare manufacturing and research capabilities.
The center will enable Nelipak to support customers across Southeast Asia, China, Japan, Korea, India, Australia, and New Zealand. It combines personalized real-time collaboration with Nelipak’s global manufacturing and innovation network to ensure that packaging solutions developed in Asia-Pacific are globally scalable and production-ready.
Designed to enhance how medical device and pharmaceutical companies develop and validate sterile packaging systems, the Asia-Pacific Technical Development Center enables customers to arrive with a medical device concept and leave with a validation ready packaging design and physical samples. For device manufacturers, the benefit is immediate and tangible. Customers can engage directly with Nelipak’s technical experts to co-develop and validate bespoke sterile barrier solutions, streamline iteration cycles and regulatory processes, and accelerate time to market.
The center supports the development of Nelipak’s comprehensive range of custom designed sterile-barrier packaging solutions which integrate both flexible and rigid formats. Its capabilities are also designed to support ISO 11607-compliant development, risk mitigation, and accelerated commercialization for Class I through Class III medical and pharmaceutical devices.
“Asia-Pacific is an important and growing region for global medical device innovation, manufacturing, and consumption,” said Pat Chambliss, Chief Executive Officer of Nelipak. “Our new Asia-Pacific Technical Development Center located in Singapore represents a foundational investment that supports our global customer base while anchoring Nelipak firmly in the Asia-Pacific region. It reflects our ongoing commitment to ensuring customer access to our broad range of flexible and rigid sterile barrier packaging solutions which are widely used globally and have been used extensively in the region for over 30 years.”
“Medical device customers are under enormous pressure to move faster without compromising safety, compliance, or performance,” said Aldin Velic, Vice President and General Manager, Asia-Pacific, Nelipak. “Our goal with this center is simple. Customers walk in with a device and a packaging challenge, and they leave with an engineered packaging solution, prototype samples in hand, and a clear path to development, validation and commercialization. We are replacing distance, delay, and fragmentation with expertise, speed, and collaboration.”
The Asia-Pacific Technical Development Center is equipped to support early-stage concept development, line extensions, material transitions, and risk mitigation projects, including changes driven by sterilization modality, regulatory requirements, or supply chain resilience. By unifying rigid and flexible packaging development in a single location, Nelipak enables holistic and optimized sterile barrier system design rather than isolated and fragmented component development.
“We congratulate Nelipak on the opening of its first Technical Development Center in Asia-Pacific. The new center will enable Nelipak to work closely with pharmaceutical and medical device companies in the region to accelerate product development and launches. The investment is a welcome addition to Singapore’s growing biomedical sciences ecosystem and strengthens our role as a regional hub for medtech innovation,” said Soo Haw Yun, Vice President, Global Enterprises, Singapore Economic Development Board.
This investment builds on Nelipak’s long-standing commitment to innovation, quality, and customer collaboration and reinforces the company’s broader expansion across Asia-Pacific. It also reflects growing demand from global medical device manufacturers for regionally based technical support that meets the same standards of rigor, speed, and expertise available in established Western markets.
Hashtag: #Nelipak #Healthcare #HealthcarePackaging #MedicalDevices #Pharma
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The issuer is solely responsible for the content of this announcement.
Nelipak® is a leading global provider of healthcare packaging solutions including rigid and flexible sterile-barrier packaging for medical device, diagnostic, pharmaceutical drug delivery, and other demanding applications. To support the development of innovative sustainable packaging solutions, Nelipak® offers in-house design, prototyping, tooling, simulation, validation, laboratory, and other value-added services as well as a line of tray sealing equipment. With over 1,600 employees, Nelipak operates at 14 sites globally, including 8 sites in the Americas (USA, Costa Rica, Puerto Rico), 5 sites in Europe (Ireland, Netherlands, UK), and 1 site in Asia (Singapore). Nelipak® is committed to delivering superior quality, service, and customer experience through world-class cleanroom manufacturing. For more information, visit www.nelipak.com.
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Arabian Post Staff -Dubai UAE-based venture capital firm Shorooq has joined a $1.03 billion funding round for French artificial intelligence startup AMI Labs, a company founded by prominent AI researcher Yann LeCun, as investors intensify backing for technologies designed to give machines a deeper understanding of the physical world. The financing round also drew participation from technology and investment heavyweights including Nvidia, Temasek and entrepreneur Mark Cuban, […]
Arabian Post Staff -Dubai Global and regional investors have committed about $3 billion to finance a large mixed-use district within Riyadh’s King Salman Park, marking one of the most substantial private capital injections into Saudi Arabia’s flagship urban regeneration scheme. The investment will be channelled through a dedicated development fund designed to finance residential, commercial, hospitality and leisure components connected to the sprawling park complex. Backed by […]
Dubai’s flagship horse-racing spectacle will go ahead as planned despite geopolitical tensions linked to attacks involving Iran, ensuring that the Dubai World Cup meeting remains one of the most lucrative and closely watched fixtures on the global racing calendar. Organisers have confirmed preparations for the 2026 Dubai World Cup night at Meydan Racecourse are continuing, with the event retaining its reputation as the richest evening in the […]
Yoma Fleet, one of Myanmar’s largest fleet management and leasing companies, has adopted a security information and event management platform from AccuKnox in a move aimed at strengthening protection of its digital operations and replacing older monitoring tools. The agreement positions the Menlo Park–based cybersecurity company as a key technology partner for Yoma Fleet, which manages thousands of vehicles across Myanmar for corporate clients, logistics operators and […]
Arabian Post Staff -Dubai Dubai International Financial Centre has completed construction of DIFC Square and begun a phased handover of offices ahead of schedule, with the entire commercial space already leased, reflecting sustained demand from global financial institutions seeking a presence in the district. The development adds significant office capacity to the financial hub at a time when international banks, asset managers and advisory firms continue expanding […]
Cybersecurity researchers have identified a sophisticated espionage campaign linked to China-aligned threat actors that is targeting organisations in Qatar, using malware associated with the PlugX family and exploiting heightened geopolitical tensions in the Middle East to lure victims. Security analysts say the operation demonstrates how advanced persistent threat groups quickly integrate global events into cyber-espionage strategies. The campaign relies on carefully crafted phishing documents and malicious attachments […]
Bhutan has continued reducing its national bitcoin stockpile after transferring another tranche of digital assets valued at millions of dollars, extending a year-long drawdown that has cut the country’s sovereign holdings by more than half. Blockchain monitoring data shows that the Himalayan kingdom moved about 175 bitcoin in early March, worth roughly $11.8 million at prevailing market prices. The transaction forms part of a broader liquidation pattern […]
HONG KONG SAR – Media OutReach Newswire – 9 March 2026 – The Hong Kong Productivity Council (HKPC) today officially launched its new “Future Life & Health Tech Centre”, unveiling a suite of R&D achievements and application technologies across life sciences, medical technology, future food, biotechnology and modernisation of Chinese medicine. With a clear focus on accelerating R&D, pilot-scale development, smart manufacturing and commercialisation, the Centre aims to serve as an industry accelerator for life and health technology in Hong Kong, supporting the commercialisation of research outcomes from lab to market and driving the development of new productive forces.
Mr Edmond LAI, Chief Digital Officer of HKPC, said, “Life and health technology is a fast-rising focus for Hong Kong’s innovation and technology development. The Government’s 2026–27 Budget also outlines several initiatives to accelerate I&T development, with a primary focus on life and health technology. HKPC is committed to supporting the Government’s strategic development in this field by delivering forward-looking innovative technologies and services. Through the ‘Future Life & Health Tech Centre’, we will leverage AI, smart manufacturing, pilot platforms and cross-border collaboration to speed up the commercialisation of research outcomes, fostering Hong Kong as an international life and health innovation hub.”
An integrated platform from R&D to market adoption
Positioned as an end-to-end enabler across the full value chain, the “Future Life & Health Tech Centre” provides systematic support from research and pilot production through to scaleup and market adoption. It includes platforms for active ingredient efficacy validation, microencapsulation and controlled release, AI health monitoring model development, dosage form optimisation for Chinese medicine, future food technologies, medical device pilot capabilities and smart microfactory demonstration. The Centre serves as a bridge between universities and research institutes, healthcare providers, local enterprises and Greater Bay Area resources, facilitating upstream, midstream and downstream collaboration for life and health technology.
Exhibition Highlights Showcasing Diverse Applications in Life and Health Technology
According to HKPC’s “Hong Kong Life and Health Industry Development Study”, the sector’s long-term success hinges on technology-driven innovation and efficient industrialisation. The Centre showcases the following innovations:
1. Medical Technology and Diagnostics
2. Future Food and Functional Nutrition
HKPC emphasised that the “Future Life & Health Tech Centre” will act as a key platform for innovative research, pilot-scale development and industrial-scale commercialisation. Moving forward, HKPC will work closely with the Government, academia, healthcare organisations and industry partners in Hong Kong and other cities of the Greater Bay Area to strengthen the innovation ecosystem for life and health technology—supporting Hong Kong’s development as an international life and health innovation hub and advancing new industrialisation.
Photo Captions:
Hashtag: #HKPC
The issuer is solely responsible for the content of this announcement.
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.
