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The article Supreme Court Orders Extension Of Time For Objections By A Week In Bengal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 7 February 2026 – Skylon, a premium development by GBD Land, located at Changkat Raja Chulan, Bukit Bintang, 50200 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, has officially appointed COBNB as its hospitality partner, marking the launch of COBNB+, the company’s new premium hospitality brand. Skylon is the first development to debut under the initiative.

Image courtesy of COBNB+, L’Occitane en Provence and Skylon Residences
Image courtesy of COBNB+, L’Occitane en Provence and Skylon Residences

As part of the COBNB+ rollout, all PLUS-managed residences at Skylon will feature a full upgrade to L’Occitane en Provence hotel amenities, setting a new standard for guest comfort. The partnership reflects COBNB’s strategic move into experience-led hospitality, where design, service, and brand collaboration come together to enhance guest satisfaction and long-term asset value.

COBNB+ represents the highest tier within COBNB’s managed portfolio, designed for guests who value refined living, consistency, and effortless stays. The programme combines curated interiors, elevated operational standards, and technology-enabled hospitality, offering a boutique-hotel experience within a service apartment setting.

L’Occitane en Provence was selected as COBNB+’s premium amenities partner for its strong association with leading hotels and resorts worldwide, its commitment to responsibly sourced ingredients, and its timeless French heritage. The brand’s emphasis on sensorial comfort and craftsmanship aligns naturally with COBNB’s vision of modern, experience-led hospitality.

Skylon’s designation as the first COBNB+ property establishes a new benchmark for managed residences in Malaysia. The collaboration reflects a shared vision between GBD Land and COBNB to operate residential assets at hospitality-grade standards, enhance guest satisfaction and loyalty, and strengthen long-term asset performance.

“At L’Occitane en Provence, we believe everyday rituals can become precious moments. Our partnership with COBNB+ at Skylon reflects a shared vision to elevate the guest experience through sensorial comfort, thoughtful details, and the art of Provençal living — even within a modern service apartment setting,” said Elida Wong, General Manager, Southeast Asia, L’Occitane en Provence.

The launch of COBNB+ at Skylon marks the beginning of a broader premium rollout across selected developments. As COBNB continues to expand its hospitality platform, COBNB+ will serve as its flagship standard for luxury short-stay and serviced living.

At COBNB, luxury is intentional — and it begins with attention to every detail.

Hashtag: #cobnb #cobnb+ #loccitane #skylonresidences




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

About GBD Land

GBD Land is a forward-looking property developer focused on creating thoughtfully designed residential developments that combine lifestyle, quality, and long-term value.

About L’Occitane en Provence

Founded in the South of France, L’Occitane en Provence is a globally recognised brand known for its natural ingredients, Provençal heritage, and long-standing presence as a preferred amenities partner for premium hotels and resorts worldwide.

About COBNB

COBNB is Malaysia’s leading short-term rental and hospitality management platform, operating at the intersection of technology, design, and service excellence to maximise guest experience and long-term asset performance.

For more information, visit:

Skylon Residences:

By Dr. Gyan Pathak The Supreme Court’s refusal to entertain a petition challenging the direct cash transfer to voters while Model Code of Conduct (MCC) for election was in operation, the Election Commission of India’s turning blind eye to the violation of MCC in this way, and deploying beneficiaries on election duty on the polling […]

The article Supreme Court’s Refusal To Hear Direct Cash Transfer To Voters Case Is Flawed appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Marvel at the Whimsical Gallop of Horses Adorned in Embroidered Artistry, Alongside an AI Fai Chun Photo Booth and Joyful New Year Rewards

HONG KONG SAR – Media OutReach Newswire – 6 February 2026 – This Chinese New Year, Pacific Place and Starstreet Precinct invite you to take a joyful gallop into the Year of the Horse with ‘Whimsical Gallop’ — a celebration that blends artistry, imagination and auspicious cheer. From 5 February to 3 March 2026, the mall is transformed into a contemporary Chinese garden awash in soft, nature-inspired pink hues. Leading the way is a striking 3.5-metre-tall embroidered horse in Park Court, alongside three other beautifully adorned horses brought to life by Hong Kong embroidery atelier YLYstudio. Together, this quartet of horses brings luck and fortune to all.

Spring Bloom Gallop Pavilion
Spring Bloom Gallop Pavilion

Beyond the installations, the festivities continue with thoughtful and playful experiences. Create your own personalised blessings at the ‘Splendid Blessings’ AI Fai Chun Photo Booth, and enjoy ‘Galloping Joy’ New Year Shopping Rewards with festive ‘Blooming Splendour’ Lai See packets and exclusive shopping treats. The celebration culminates with lively jazz tap dance performances and a lion dance parade, bringing heritage and modern festivity together for everyone to enjoy.

A Garden Where Embroidery Meets Imagination

Across the mall and into Starstreet Precinct, visitors are immersed in a fantastical Chinese landscape of embroidered ornaments, blooming florals, lanterns and gazebos. YLYstudio dedicated over 1,000 hours to handcrafting more than 590 ornaments featuring eight auspicious motifs — feathers, birds, pomegranates, coins, flowers, four-leaf clovers, ladybirds, and clouds — using over 80 types of sequins, threads, and ribbons. These motifs are showcased on the four horses, spreading good fortune while enriching the festive landscape with depth and artistry.

Spring Bloom Gallop Pavilion

Location: Garden Court, Level LG1, Pacific Place

Three embroidered horses stand in quiet splendour — each a symbol of good luck, harmony and prosperity. Rising above them, a five‑metre‑tall gazebo becomes a sanctuary of artistry, where the eight auspicious motifs conceived by YLYstudio are revealed in delicate detail. Each work conveys multicultural blessings, all rendered with exquisite craftsmanship.
Blossoms of Imagination

Location: Level L1 (near lululemon), Pacific Place

Amid peach blossoms, a pastel pavilion shelters two young horses at rest. The scene evokes New Year anticipation, filled with hope and the promise of spring.

‘Splendid Blessings‘ AI Fai Chun Photo Booth

Blending tradition with technology, the ‘Splendid Blessings’ AI Fai Chun Photo Booth invites visitors to create personalised New Year blessings with a contemporary twist.

By registering as an above member and spending HK$300 on the same day via electronic payment, shoppers can select an auspicious message, capture full-body photos, and receive both printed and animated digital versions to take home and share with loved ones.

Date: 5 February – 3 March 2026
Time: 10am – 10pm

Magical Blessings

Location: Level L1 (near Lane Crawford), Pacific Place

Energetic mini horses line both sides of the pathway, accompanied by floral arrangements and whimsical plants that create a festive corridor of movement and charm. An abundance of mini horses extends the blessings along the way, embodying prosperity and joy in every step.
Poised in Bloom

Location: Park Court, Level L1, Pacific Place

At the heart of Park Court, a 3.5‑metre‑tall

giant horse is poised in mid‑gallop — a graceful emblem of blossoming fortune. Flanked by peach blossoms, it moves forward to usher in a more prosperous year ahead.

Lanterns of Serenity

Location: Outside Three Pacific Place on Wing Fung Street and Star Street

Lanterns sway and blossoms bloom in this outdoor extension of the celebration. Set against the urban backdrop of Starstreet Precinct, the installation carries the festive spirit beyond the mall — inviting passersby to pause, smile and soak in the new year fantasy.

Poised in Bloom
Poised in Bloom

‘Blooming Splendour‘ Lai See Packets – Celebrate the Year of the Horse with Flourishing Flowers

The ‘Blooming Splendour’ Lai See packets are inspired by the elegance of embroidery. They feature delicate floral motifs rendered with painterly precision, blending layers of red, pink, and orange threads to create a sense of graceful movement. At the heart of the design, a sculpted floral emblem evokes abundance, beauty, and new beginnings, enriched with pearl-like accents recalling couture embroidery techniques, where beads, sequins and threads are meticulously layered.

Each set includes 10 Lai See packets in two harmonious colourways, accompanied by a velvet pouch in either soft pink, adorned with a pomegranate charm, or rich green, accented with a lucky four-leaf clover charm. These detachable embroidered charms are thoughtfully designed to be worn or styled long after the festive season, carrying the spirit of prosperity and good fortune throughout the year.

‘Galloping Joy‘ – Elevate Your Experience with Exclusive Shopping Rewards

From 5 to 16 February 2026, shoppers can enjoy festive privileges designed to usher in a prosperous year, including exclusive ‘Blooming Splendour’ Lai See packets, movie ticket exchange coupons, Pacific Place shopping e-vouchers and gourmet treats.

Accumulated Same-day
Electronic Spending
Shopping Rewards*
HK$3,800 – HK$8,799

One Set of
‘Blooming Splendour’
Lai See Packets
+
Two MOViE MOViE
Pacific Place
Ticket Exchange Coupons (valued at HK$260)

—
HK$8,800 – HK$17,999 HK$300 Pacific Place
Shopping e-Voucher
HK$18,000 – HK$37,999 HK$600 Pacific Place
Shopping e-Voucher
+ The Grand Sicilian Pistachio Puff
(valued at HK$128)
HK$38,000 – HK$87,999 HK$1,400 Pacific Place
Shopping e-Voucher
+ The Grand Sicilian Pistachio Puff
(valued at HK$128)
HK$88,000

or above

HK$2,400 Pacific Place
Shopping e-Voucher
+ COVA Nutty Duo Cookie Gift Box
(valued at HK$198)

*Shoppers are required to join the Pacific Place Loyalty Programme – above and meet the accumulated same-day spending requirement by electronic payment during the Promotion Period in order to be entitled to redeem Shopping Rewards. The Rewards are limited in quantity and are available on a first-come, first-served basis while stocks last. Other Terms and Conditions apply.

Redemption Period: 5 – 16 February 2026
Redemption Location: Gift Redemption Counter, Level L1 (near Theory)
Redemption Hours: 11am – 10pm

Where Hooves Move to the Rhythm

The Year of the Horse arrives in a dance of joy. Step Out Studio and fellow tap dancers will be tapping out the heartbeat of the season, their rhythms galloping alongside the soaring notes of Jazz Band led by Nate Wong. Together, they will conjure a celebration where artistry and vitality run free. After the lions are awakened in an eye‑dotting ritual, our lion dance parade will unfurl like a living tapestry of tradition — spreading fortune, unity and exuberance throughout the mall, and inviting everyone to stride boldly into the year ahead.

Tap and Jazz into the New Season Let your feet and heart gallop with joy as Step Out Studio and fellow tap dancers bring tap to life, echoing the energy of racing hooves. Accompanied by keyboard, bass, and saxophone from Nate Wong’s Jazz Band, the performance blends percussive footwork with swinging jazz, creating a lively celebration of the Year of the Horse.

Dates:

  • 14 February 2026 – Performers: Cal (Step Out Studio), Zoe Chan, Jazz Band led by Nate Wong
  • 21 February 2026 – Performers: Cal (Step Out Studio), Natalie Hung, Jazz Band led by Nate Wong

Time: 3:30pm

Location: Level L1 (near Shiro), Pacific Place

Roaring into Prosperity: Eye-dotting Ceremony & Lion Dance Parade Stride into the excitement of the Chinese New Year at Pacific Place! After bringing the lions to life in a traditional eye-dotting ceremony, the lion dance parade will wind its way through the mall, spreading energy, luck, and prosperity for the year ahead.

Date: 23 February 2026 (Monday, 7th day of Chinese New Year)

Time: 1pm

Location: Park Court, Level L1, Pacific Place

Join the ‘Whimsical Gallop’at Pacific Place and Starstreet Precinct this Chinese New Year — where embroidered artistry, festive celebrations, and joyful rewards come together to welcome a year filled with good fortune and blooming possibilities.

Hashtag: #WhimsicalGallop #HorseInBloom #GallopingJoyAtPP

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

About YLYstudio

YLYstudio is a Hong Kong-based embroidery atelier celebrated for blending traditional craftsmanship with contemporary design. Founded by Lilian Tsang Lai Yu and Matt Hui Yip Long, the studio brings decades of global fashion experience and artistry to every creation.

Lilian Tsang previously served as chief designer for a Hong Kong fashion label and honed her craft at LECOLE LESAGE, the prestigious haute couture embroidery school owned by the Chanel Group in Paris. She also interned at Elisabeth Gasbarre Rousseau Haute Couture Studio in Lyon, France. With a deep passion for teaching, Lilian now shares her embroidery expertise in Hong Kong, inspiring a new generation of artisans.

Matt Hui is a Hong Kong-based fashion designer graduated from the Royal College of Art in 2013. Passionate about the creative process and fine workmanship, he has collaborated on stage costumes for renowned singers including Panther Chan and Bondy Chiu. Since 2024, Matt has also ventured into the film industry as a custom tailor, contributing to international productions such as Ballad of a Small Player and Emmanuelle.

About Pacific Place

Located in the heart of Admiralty, Pacific Place is the destination for exceptional service and unique experiences. As a pioneer of innovative retail concepts in Hong Kong, Pacific Place continues to transform the retail scene by delighting visitors with an array of curated experiences through diversified offerings. Since its inception in 1988, Pacific Place has established itself as Hong Kong’s premier lifestyle hub, a mixed-use development that continues to evolve and grow as the ultimate destination to shop, dine, work, stay, relax and play. It houses one of Hong Kong’s largest collections of luxury brands and diverse dining offerings, making every visit a memorable one. In addition to being a prime transportation hub, Pacific Place is home to five Grade-A office towers, 268 serviced apartments, and four five-star hotels: The Conrad, Island Shangri-La, JW Marriott and Upper House Hong Kong.

Customer enquiry hotline: (852) 2844 8988 Website: www.pacificplace.com.hk
Facebook: @Pacific Place Hong Kong Instagram: @pacificplacehk
WeChat: @PacificPlaceHK XiaoHongShu: @Pacific Place HK

About Starstreet Precinct

Starstreet Precinct is a vibrant destination in Wan Chai, comprised mainly of Wing Fung Street, Star Street, Moon Street, Sun Street, and St. Francis Yard. Over the years, the neighbourhood has evolved from a quaint, historic landmark, into an eclectic hangout hotspot for those with a unique sense of style and character. Filled with cosy cafés, restaurants, bars, boutique shops with the most coveted fashion selections, galleries and interior design stores, the precinct offers an array of day-to-night experiences. With a focus on community and a passion to foster a sustainable lifestyle for all, Starstreet Precinct and its tenants are collectively working to build a better future together. Connected to Pacific Place and Admiralty station through the Three Pacific Place underground link, the neighbourhood is a hidden gem in the heart of Hong Kong.

Website: www.starstreet.com.hk Instagram: @starstreethk
Facebook: Starstreet Precinct #starstreethk

Supreme Court scrutiny of WhatsApp’s data practices intensified as the top court questioned whether the messaging platform’s policies align with constitutional guarantees on privacy and informed consent, while warning its parent company that operating in the country requires adherence to domestic law. The bench’s observations came amid an ongoing legal challenge to the 2021 privacy policy and regulatory penalties that have placed Meta and WhatsApp under sustained pressure from both courts and competition authorities.

At the centre of the proceedings is the 2021 update to WhatsApp’s terms, which expanded data-sharing with its parent entity, Meta Platforms. Petitioners have argued that the policy compelled users to accept broader data sharing to continue using the service, undermining free consent and diluting privacy protections recognised as a fundamental right. Judges asked pointed questions on whether users were given a genuine choice, and whether the policy met standards set by constitutional jurisprudence on proportionality and necessity.

The court also weighed in on enforcement actions taken by competition regulators, including a penalty of Rs 213 crore imposed for alleged abuse of market dominance through the policy change. While the competition case proceeds separately, the bench indicated that regulatory findings cannot be viewed in isolation when fundamental rights are implicated. The judges sought clarity on how WhatsApp segregates user data, what information is shared across Meta’s ecosystem, and whether safeguards claimed by the company are verifiable in practice.

During the hearing, the bench underlined that digital platforms operating at scale must respect constitutional norms. A warning was issued that companies unwilling to comply with domestic law cannot insist on unfettered market access. The remark was interpreted as a signal that economic presence does not confer immunity from judicial scrutiny, especially when services have become essential communication infrastructure for millions.

WhatsApp, represented by senior counsel, maintained that the 2021 update did not expand data sharing with Meta for personal messaging, stressing that end-to-end encryption remains intact. The company argued that the policy clarified existing practices related to business messaging and interoperability, and that users who did not accept the update could continue using core features for a limited period. Counsel also pointed to privacy controls and transparency reports as evidence of compliance.

Judges, however, questioned whether technical assurances suffice when consent mechanisms are contested. They asked if an opt-out that effectively restricts service access can be considered voluntary, and whether users were adequately informed of the scope and implications of data sharing. The court referenced earlier rulings that emphasise informed consent as a cornerstone of data protection, especially where asymmetry of power exists between platforms and users.

The case unfolds against a broader regulatory backdrop. A comprehensive digital personal data protection framework is being operationalised, setting clearer obligations for consent, purpose limitation and data minimisation. While the new regime applies prospectively, the court signalled that constitutional standards apply regardless of statutory timelines. The bench noted that platform conduct during transitional periods remains subject to judicial review.

Industry observers say the proceedings could have ripple effects across the technology sector. Messaging and social media platforms rely on integrated data ecosystems to monetise services, particularly through business messaging and targeted advertising. Judicial insistence on granular consent and strict separation of data could require costly re-engineering of systems and clearer disclosures to users.

For Meta, the stakes extend beyond this single policy. The company has faced competition probes and content moderation challenges across multiple jurisdictions, reflecting a global push to rein in Big Tech. A strong judicial stance in one of its largest markets may influence how policies are drafted elsewhere, especially in countries with robust constitutional privacy protections.

Arabian Post Staff -Dubai Abu Dhabi’s sovereign investor Mubadala Investment Company has been awarded more than €700 million in arbitration tied to the failure of Europe’s sprawling Signa property empire, according to creditor protection group Creditreform. The ruling underscores the scale of losses facing lenders and investors after one of the continent’s largest real estate groups unravelled under the weight of higher interest rates and rising financing […]

A plan by the Transportation Security Administration to charge passengers a $45 fee for travelling without acceptable identification has triggered a legal challenge in the United States, reopening a long-running debate over the limits of regulatory authority and the rights of air travellers at security checkpoints. The fee, announced as part of updated screening procedures, applies to passengers who arrive at airports without government-issued photo identification and […]

HANOI, VIETNAM – Media OutReach Newswire – 30 January 2026 – Alternative finance provider F88 continued its strong growth momentum in the fourth quarter of 2025, reporting higher profits, expanding lending operations and surpassing its full-year business targets, reinforcing its position in Việt Nam’s non-traditional financial services market.

F88 continued to expand across three main channels: its nationwide transaction office network, partnerships and digital services via the My F88 application. — Photo courtesy of F88
F88 continued to expand across three main channels: its nationwide transaction office network, partnerships and digital services via the My F88 application. — Photo courtesy of F88

The company announced pre-tax profit of VNĐ304 billion (US$12 million) for the final quarter, up 47 per cent year-on-year. For the whole year, pre-tax profit reached VNĐ907 billion, more than doubling 2024’s figure and exceeding the annual plan by 35 per cent.

These results highlight F88’s rapid expansion in serving mass-market customers who remain underserved by traditional banking institutions.

As of December 31, outstanding customer loans totalled VNĐ7.2 trillion, up 57 per cent from the beginning of the year, reflecting rising demand and the company’s growing operational capacity.

Disbursements in the fourth quarter alone reached nearly VNĐ5 trillion, up 40 per cent year-on-year and marking the highest quarterly level since the firm’s establishment. Total disbursements for 2025 rose 37 per cent to VNĐ16.5 trillion.

Revenue growth also accelerated. Fourth-quarter revenue climbed 53 per cent to nearly VNĐ1.21 trillion. Lending activities remained the main driver, contributing VNĐ1.05 trillion, or 86.4 per cent of total revenue, up 51 per cent. Insurance services generated VNĐ149 billion, surging 62 per cent and accounting for 12.2 per cent.

This diversified income structure has helped the company reduce reliance on a single revenue stream, while improving overall resilience.

Alongside expansion, F88 maintained a focus on risk management and portfolio quality. The on-time repayment rate remained stable at around 84 per cent. Net write-offs in the fourth-quarter stood at 3.1 per cent of average outstanding loans, slightly higher than previous quarters due mainly to prolonged storms and flooding through November, which temporarily affected borrowers’ repayment ability in impacted regions.

Operating efficiency improved, with the cost-to-income ratio declining to 45.3 per cent from 48.7 per cent a year earlier.

The combination of stronger scale, tighter risk controls and cost optimisation underpinned the company’s record annual performance.

Customer growth was another key driver. Nearly 76,700 new borrowers were added during the quarter, up 26 per cent year-on-year. New contracts almost doubled to 269,000. The proportion of repeat customers increased significantly, with returning borrowers accounting for 67 per cent of contracts, compared to 58 per cent in the first quarter, indicating rising customer trust and satisfaction.

F88 continued to expand across three main channels: its nationwide transaction office network, partnerships and digital services via the My F88 application. The blend of technology and physical outlets has enabled the company to scale while maintaining control over operations.

By the end of the year, the firm operated 950 transaction stores nationwide, up 82 from the start of the year and exceeding its 2025 target.

Strategic partnerships also strengthened distribution. Cooperation with e-wallet provider MoMo now allows more than 30 million users to directly access F88’s secured lending services through the MoMo app. Meanwhile, collaboration with Military Bank (MB) has enabled F88 to operate a agent banking model at all transaction points, processing over 100,000 transactions for MB customers during the year.

F88 Chairman Phùng Anh Tuấn said the results reflected the company’s consistent strategy of balancing expansion with financial discipline.

“Our fourth-quarter and full-year performance demonstrates our commitment to sustainable growth, customer-centric services and prudent risk management,” Tuấn said.

“In 2026, we will continue selective expansion, improve portfolio quality, develop complementary financial services and deepen strategic partnerships to reinforce our leadership in Việt Nam’s alternative finance sector.”

Beyond its business performance, F88 also gained recognition for corporate governance and workplace standards. The company was named a Best Managed Company by Deloitte Private and ranked among the top 100 best places to work nationwide by Anphabe and the Việt Nam Chamber of Commerce and Industry.
Hashtag: #F88

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

HONG KONG SAR – Media OutReach Newswire – 2 February 2026 – CPA Australia has today submitted a set of forward-looking recommendations for consideration in the Hong Kong SAR Government’s 2026-27 Budget. With an estimated HK$0.9 billion fiscal deficit for 2025–26 and solid fiscal reserves of HK$653 billion, CPA Australia propose a series of policy measures under the theme of “Power Hong Kong’s Growth” focusing on four pillars:

  • Connecting China and global markets to power growth
  • Strengthening Hong Kong as a global trade and wealth hub
  • Diversifying the economy and boosting workforce competitiveness
  • Raising living standards for a healthier and liveable city

(from left to right) Ms Karina Wong, Divisional Councillor and Deputy Chair of Taxation Committee of CPA Australia Greater China; Mr Janssen Chan, Co-Chair of Taxation Committee; Mr Anthony Lau, Co-Chair of Taxation Committee of CPA Australia Greater China; Mr Adam Chiu, Member of Taxation Committee of CPA Australia Greater China
(from left to right) Ms Karina Wong, Divisional Councillor and Deputy Chair of Taxation Committee of CPA Australia Greater China; Mr Janssen Chan, Co-Chair of Taxation Committee; Mr Anthony Lau, Co-Chair of Taxation Committee of CPA Australia Greater China; Mr Adam Chiu, Member of Taxation Committee of CPA Australia Greater China

Connecting China with global markets and powering Hong Kong’s future economic engine

CPA Australia emphasises that Hong Kong must reinforce its position as the premier gateway connecting China with global markets. As China’s 15th Five Year Plan places greater focus on high-quality opening up, Hong Kong is uniquely positioned to help Chinese enterprises expand overseas while attracting foreign direct investment into the Mainland through Hong Kong. Strengthening this gateway function will be critical to driving the city’s next phase of economic growth.

Mr Anthony Lau, Co-Chair of CPA Australia’s Greater China Taxation Committee stated,

“Developing a unified and coherent tax incentive framework for Corporate Treasury Centres (CTC) and regional headquarters (RHQ) would further strengthen Hong Kong’s appeal as a base for multinational operations. In addition, the effectiveness of re-domiciliation has attracted many overseas companies to move their legal domicile to Hong Kong. As there is no clear guidance on whether re-domiciliation will trigger Mainland tax liabilities and tax reporting obligations, we recommend the Hong Kong Government engages with the Mainland tax authorities to clarify that no actual transfer of assets occurs during the process, and therefore no Mainland tax should arise.”

“We also recommend advancing market connectivity measures such as allowing a tax deduction specifically for IPO-related expenses for companies that list on the Main Board of the HKEX, and continuing to enhance existing cross boundary financial mechanisms such as introducing an IPO Connect scheme.”

A streamlined approach would reduce complexity, improve tax certainty and encourage overseas and Mainland enterprises to centralise management, financing and strategic functions in Hong Kong.

CPA Australia also highlights the importance of positioning the Northern Metropolis as a flagship cross‑border innovation zone that will drive Hong Kong’s future growth. Mr Lau said, “To support the infrastructure development, we suggest the Government adopts forward‑looking financing tools that ease pressure on public finances. These may include issuing bonds targeted at with an estimate amount for example USD2 billion at different maturity to international investors, and providing a tax exemption for bond holders on interest income and trading profits derived from bonds issued for Northern Metropolis infrastructure projects, whether issued by the government or the private sector.

“To attract leading innovation and technology enterprises to the zone, we further recommend broadening the scope of qualifying R&D expenditures to include activities outsourced to related parties based and operating in other cities within Greater Bay Area. This reflects the increasingly integrated nature of cross boundary innovation and supply chains.”

Strengthening Hong Kong as a global trade centre and a hub for wealth retention

Hong Kong’s long‑standing role as a free, open and trusted trading and financial gateway remains central to its international relevance.

Ms Karina Wong, Deputy Chair of the Greater China Taxation Committee said, “Hong Kong should build on its unique status as a global trading centre by strengthening the free trade port regime and expanding support for high-value commodity trading, which would help diversify the city’s economic base and enhance market depth. Qualifying commodity items such as silver and rare-earth materials remain outside the current scope, the qualifying list needs to be reviewed regularly, with sufficient legislative flexibility, to ensure timely updates in response to market developments. The Government could also consider whether the scope should extend beyond physical trades and incidental income to cover derivative driven transactions, which form a significant part of global commodities activity.”

A stronger family office ecosystem is central to reinforcing Hong Kong’s role as Asia’s preferred hub for wealth management and succession planning. “We recommend introducing a preferential 8.25 per cent profits tax rate for Single Family Office, Multi Family Offices (MFOs) and fund managers to enhance Hong Kong’s competitiveness relative to other regional wealth management centres.

“Aligning the permissible investment asset classes under the family office tax concession regime with those under the Capital Investment Entrant Scheme (CIES) would also streamline operations, provide greater investment flexibility and further strengthen Hong Kong’s appeal among global wealth owners managing long term capital,” added Ms Wong.

Modernising Hong Kong’s philanthropy framework would encourage a more caring and compassionate community and strengthen the city’s appeal to long-term capital. “The generous donations supporting residents and the reconstruction of Wang Fuk Court show that Hong Kong is a caring city. To encourage greater philanthropic participation, we suggestremoving the current 35 per cent cap on cash donation deductions and allowing a full 100 per cent deduction, while introducing a 300 per cent enhanced deduction for contributions to designated funds, such as the Community Care Fund and Disaster Relief Fund. This would direct more resources toward areas of social need.

“These reforms will strengthen Hong Kong’s ecosystem for trade, wealth management and philanthropy, helping the city attract and retain long term capital and strengthen Hong Kong’s competitive edge,” Ms Wong said.

Diversifying the economy and enhancing workforce competitiveness

As advanced economies accelerate digital transformation and adopt emerging technologies, Hong Kong’s long-term competitiveness will depend on the city’s ability to scale innovation, raise productivity and strengthen the capacity of its workforce and enterprises.

“We propose to relaunch a revamped Technology Voucher Programme to help businesses, in particular SMEs, accelerate digitalisation and adopt artificial intelligence (AI) solutions that enhance efficiency and competitiveness.

“Strengthening R&D related tax incentives is equally important in driving innovation, therefore we propose increasing the cap for the highest rate of the R&D super tax deduction by raising the threshold for the 300 per cent deduction on qualifying R&D expenditure from HK$2 million to HK$4 million.” said Mr Janssen Chan, Co‑Chairperson of CPA Australia’s Greater China Taxation Committee.

SMEs remain the backbone of Hong Kong’s economy, yet many continue to face cost pressures and increasing competition.

“We recommend raising the cap under the two-tier profits tax regime for concessional 8.25 per cent half-rate from HK$2 million to HK$4 million of assessable profits. Extending the SME Financing Guarantee Scheme beyond March 2026 is another move that would ease operating pressures for smaller businesses and encourage reinvestment,” added Mr Chan.

By raising the two-tier profits tax cap, extending financing support and retooling tech programmes for AI adoption, the Government can give SMEs the room to grow and strengthen their long-term resilience.

Raising living standards and building a healthier and more liveable city

Mr Adam Chiu, member of the Greater China Taxation Committee, said the Budget should introduce targeted tax and subsidy measures that deliver practical support to households while encouraging healthier and more productive lifestyles.

“To provide direct relief to taxpayers, we recommend maintaining the 100 per cent salaries tax rebate on the 2025/26 final salaries tax, capped at HK$6,000. This would help offset rising living costs and support disposable income, particularly for middle‑income earners. We also propose introducing a tax deduction of up to HK$60,000 for working families who employ domestic helpers specifically to care for children, elderly family members or persons with special care needs. This would help ease caregiving pressures, support labour‑force participation.” Mr Chiu said.

He added that lifelong learning and skills upgrading are increasingly important in a rapidly evolving economy. “To enable individuals to undertake more advanced or specialised training, including in emerging areas such as AI, we recommend increasing the subsidy ceiling under the Continuing Education Fund to HK$30,000 per eligible applicant, and increasing the cap on the self-education tax deduction to HK$150,000 per year. To promote physical wellbeing, we also propose a tax deduction of up to HK$2,000 for sports‑related expenses.”

“By supporting working families, encouraging lifelong learning and promoting healthier lifestyles, these measures can collectively enhance quality of life and help build a more resilient and inclusive Hong Kong,” Mr Chiu said.

CPA Australia believes these recommendations will strengthen Hong Kong’s ability to engage more effectively with global markets, enhance its competitiveness as an international financial and business hub, and improve quality of life for residents. Taken together, these measures will help ensure Hong Kong is well positioned for a more sustainable, innovation driven and inclusive future.

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About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 176,000 members in over 100 countries and regions, including more than 22,500 members in Greater China. Our core services include education, training, technical support and advocacy. CPA Australia provides thought leadership on issues affecting the accounting profession and the public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at

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