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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
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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).

Co-created by China Cosmetics Review, Cosmetic Valley of France and other partners, the 2026 INPD Awards center on the theme “REGENERATIONS”. The event brings together leading research institutions, enterprises across the value chain and industry experts from the global beauty sector, showcasing cutting-edge innovations in raw material research, formulation technology, sustainable development and more.

The 2026 INPD Awards maintain an international, professional and diverse judging panel, comprising specialists from industry, scientific research, brands, marketing, design and sustainable development. They evaluate innovations across multiple dimensions, including technical value, product performance, brand innovation and industrial significance. This international professional judging system, covering the entire value chain, has further elevated the prestige and industry influence of this year’s awards.

For the first time, this edition of the INPD Awards introduced the Leading Grand Prize, accompanied by a special prize fund of RMB 1 million, to recognize benchmark enterprises leading China’s beauty industry. OSM, with nearly 60 years of expertise in pearl skincare, claimed the 2026 INPD Leading Grand Prize.

Competing alongside top global innovators, the Chinese beauty sector delivered outstanding results with a string of victories. Drawing on a solid scientific research foundation, differentiated innovation strategies and rich cultural expression, Chinese beauty brands and enterprises emerged among the most notable winners, securing major awards across multiple categories and delivering an inspiring performance.

Congratulations to these Chinese beauty players who continue to break new ground on the global innovation stage and whose achievements have earned recognition and acclaim from an international panel of industry judges!

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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).

As younger travellers reshape travel across Asia Pacific, familiar payment options are becoming part of a smoother journey from search to booking.

SINGAPORE – Media OutReach Newswire – 23 October 2026 – Finding a suitable flight is only one part of booking a trip. For travellers comparing regional journeys online, the final decision can also depend on what happens at checkout, from the currency displayed to whether their preferred way to pay is available.

The payment options available at checkout can influence where consumers choose to complete a purchase. According to the 2025 Global Digital Shopping Index: Singapore Edition, 68% of Singapore consumers said access to their preferred payment option influences where they shop, while 41% described it as highly influential. Credit cards, debit cards and digital wallets also ranked among consumers’ preferred payment methods for online purchases.

For travellers, this creates a simple expectation: even when the destination is overseas, checkout should not feel unfamiliar.

For travel platforms, this means convenience needs to extend beyond search and comparison to the final step of booking. Airpaz, a travel booking platform founded in 2011, adapts its booking experience to the market where the traveller is booking, supporting more than 100 payment methods, 61 currencies and 38 languages. In Singapore, available options include PayNow, alongside major credit and debit cards, PayPal, Google Pay and other payment methods.

“Travellers may be heading to the same destination, but how they prefer to complete a booking can differ significantly from one market to another,” said Wesley Wijaya, Chief of Partnership at Airpaz. “Making familiar payment options available helps keep the final step of booking as straightforward as the search itself.”

The importance of that convenience becomes even clearer as travel habits change. The Pacific Asia Travel Association‘s September 2026 Tourism in Focus report, produced with Euromonitor International, found that 11% of Gen Z travellers in APAC take day trips weekly, while 25% cite value for money as their primary trip criterion.

With Gen Z now representing nearly a quarter of total travel spending, these findings highlight the growing commercial importance of younger travellers and the emphasis they place on value when making travel decisions. For this group, the ability to compare a broad range of flights and complete payment using a familiar method can help make the overall booking journey more convenient and easier to repeat.

This is where breadth of choice also becomes important. Airpaz provides access to more than 450 airlines and over 600,000 routes worldwide, giving travellers options across short regional getaways as well as longer international journeys. Popular regional routes available through the platform include Singapore–Kuala Lumpur and Singapore–Bangkok.

“Convenience is about more than comparing fares,” Wesley added. “It is also about how well a platform supports travellers throughout the booking journey, from evaluating their options to completing a transaction. Access to 24/7 live chat and travel protection options can provide an added layer of reassurance, particularly when plans change or travellers need support along the way.”

Whether it is a short regional getaway or a longer holiday, payment flexibility gives travellers another layer of choice once they have found the fare, schedule and route that suit their plans. Airpaz also offers reschedule and refund add-ons, with 24/7 live chat available to support travellers when plans change after booking.

Travellers can compare available flight and booking options through Airpaz.

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

About Airpaz

Airpaz is a Jakarta-headquartered travel booking platform founded in 2011. The company offers flight bookings, hotel and accommodation reservations, and activity bookings. Its mobile apps for iOS and Android support multiple currencies and languages, helping travellers plan and book in a more localised way. Airpaz partners with airlines and accommodation providers worldwide and aims to make travel planning simple, affordable and seamless from search to booking. Visit Airpaz to explore available travel options.

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

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By Nitya Chakraborty U.S. Secretary of state Marco Rubio’s visit to India this week and talks with the Indian corporate leaders including Mukesh Ambani and Gautam Adani have roused unusual interest in the country’s business circles as also among diplomats globally. There are two aspects. First, Rubio gave priority to his visit to Jamnagar and […]

The article Marco Rubio, Mukesh Ambani, Elon Musk And Gautam Adani appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By Dr. Gyan Pathak Denotification of Jantar Mantar as protest site on 12 October 2026 has given anti-CEC and anti-SIR protesters to decentralize and widen the scope and ambit of the movement. The call for the nationwide street protest on October 23 given by the umbrella organization People Against SIR is likely to create numerous […]

The article October 23 Nationwide Anti-CEC Anti-SIR Protests Deepen Centre’s Dilemma appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

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).

The company’s stock fell to HK$97.55 during morning trading, marking its steepest intraday decline in two months. Investors reacted to indications that Beijing could intensify scrutiny of online marketplaces, potentially increasing compliance costs for Alibaba and its competitors.

China’s State Administration for Market Regulation disclosed on Wednesday that it had convened a meeting in Beijing with representatives of leading digital commerce businesses to discuss improving product standards, strengthening consumer safeguards and addressing shortcomings in platform governance.

Shares of JD. com dropped approximately 4.7%, while Kuaishou declined more than 4%. Other technology companies, including Tencent, Meituan, Xiaomi and NetEase, also suffered losses as selling spread across the sector.

Hong Kong’s Hang Seng Index declined nearly 3%, touching a three-month low, while the Hang Seng Tech Index dropped more than 4%, reaching its weakest level since September 2024. The technology benchmark has lost more than 30% this year.

The regulatory announcement focused on persistent problems involving counterfeit merchandise, misleading advertising and products failing to match descriptions provided by online sellers. Authorities identified livestream shopping, instant retail services and social commerce as areas where product safety risks have become increasingly complex.

The regulator said platforms must strengthen their responsibilities as gatekeepers, establish comprehensive quality management systems and improve supervision throughout commercial supply chains. Companies were instructed to align their practices with existing regulatory guidance and the government’s 2026 quality improvement priorities.

Officials also emphasised greater transparency, improved aftersales services and more effective mechanisms for resolving consumer complaints. The measures seek to strengthen accountability among platform operators without necessarily introducing an entirely new regulatory framework.

Representatives from Alibaba’s Taobao and Tmall businesses attended the meeting alongside JD. com, Pinduoduo, Xiaohongshu, Kuaishou, Douyin, Vipshop and other online trading platforms.

The gathering followed guidance issued last year by ten government departments, including the market regulator, the Cyberspace Administration of China and the Ministry of Industry and Information Technology, concerning product and service standards across digital marketplaces.

Authorities acknowledged that companies had implemented improvements under those guidelines but said substantial challenges remained. Emerging business models were creating additional difficulties for regulators attempting to identify unsafe products, deceptive marketing and inadequate consumer safeguards.

For Alibaba, the renewed regulatory emphasis directly affects its domestic commerce operations, particularly Taobao and Tmall, which connect merchants with consumers across China’s vast online retail market.

Stricter monitoring requirements could oblige marketplace operators to devote additional resources to merchant verification, product inspections, complaint handling and supply chain oversight. The financial implications will depend on how existing requirements are implemented and enforced.

The announcement did not disclose fresh financial penalties against Alibaba or establish a timetable for additional enforcement measures. The market reaction therefore reflected concerns about possible regulatory consequences rather than confirmation of sanctions against the company.

Broader investor caution compounded the selling pressure. Mainland investors had reduced their exposure to Hong Kong equities during the preceding trading session, while technology valuations remained under pressure amid questions surrounding substantial expenditure on artificial intelligence infrastructure.

Alibaba has committed significant capital to expanding its computing capacity and artificial intelligence operations, making investor assessments of profitability and spending particularly important alongside regulatory developments.

The company completed an HK$80 billion share placement in August, allocating approximately 60% of net proceeds towards expanding global computing infrastructure and the remainder towards hyperscale artificial intelligence data centres and upgrades to cloud systems.

That financing underlined Alibaba’s commitment to technological investment even as its established ecommerce businesses face heightened expectations concerning operational standards and consumer safeguards.

The regulator also encouraged companies to use commercial data to improve product quality among suppliers, linking information gathered through online transactions with manufacturing improvements and better supply chain coordination.

Another proposal involved developing and publishing platform quality governance indices, intended to provide consumers with clearer information about standards maintained by different marketplaces.

Officials urged participating companies to strengthen cooperation with regulators and other stakeholders while making information about products and services more transparent.

The meeting included discussions of the ISO 9001 quality management framework and methods for businesses to assess their own governance arrangements. Platform representatives exchanged views on implementing quality improvements and addressing weaknesses identified by the authorities across online trading activities.