Northern Metropolis: Hong Kong seeks interest in land parcels for logistics hub

Hong Kong authorities have invited interested parties to submit expressions of interest to develop land parcels set aside for a modern logistics cluster under the Northern Metropolis megaproject.

The Transport and Logistics Bureau and the Civil Engineering and Development Department said the sites would meet long-term demand, promote the development of modern logistics and reinforce the city’s position as an international hub for the industry.

“Through the [expressions of interest], the government hopes to gauge the industry’s interest in developing the first five available sites in the


Alibaba adds commercial restrictions to open-weight Qwen3.8-Max AI model

Alibaba Group Holding has made the core files of its latest flagship AI model Qwen3.8-Max free for anyone to download, as the tech giant introduces new rules requiring large companies to pay for a separate commercial licence to use it.

The terms apply to users or their affiliates running a “model as a service” or “AI work assistant” business whose aggregate revenue exceeds US$50 million over any consecutive 12-month period. They are required to obtain a separate licence from Qwen before using

The Qwen and Alibaba logos are seen in this illustration taken January 29, 2025. Photo: Reuters

SF Reit’s distributable income falls 7.3% in first half as occupancy holds steady

The SF Centre, SF Reit’s asset in Tsing Yi, Hong Kong. Photo: Handout

SF Reit, Hong Kong’s first real estate investment trust to focus on logistics properties , saw its distributable income fall by 7.3 per cent year on year to HK$110.7 million (US$14.11 million) in the first half of the year.

The firm – which is controlled by the Chinese logistics giant


Zhu Rongji’s legacy: how the late premier reshaped state firms, Pudong and China’s economy

Turn-of-the-century images of Zhu Rongji alongside former US president Bill Clinton have largely accompanied coverage following the former Chinese premier’s death on Wednesday.

The moment in April 1999 was more than a diplomatic milestone. It underpinned some of China’s most consequential reforms that defined Zhu’s tenure, from its drive to join the World Trade Organization to an overhaul of the state sector and opening its markets to the world.

And in recent years, Zhu’s historic trip to Washington


Satellite images show 50 per cent boost to China’s Type 054B missile capacity

New satellite imagery appears to show the vertical launch system at the bow of a Type 054B vessel has a different shape to the first two Type 054B vessels that have entered service. Photo: Satellite image ©2026 Vantor

China appears to be adding capacity to the vertical launch system (VLS) of its most advanced guided-missile frigate Type 054B under construction in Shanghai, satellite images show, allowing it to have a larger missile reserve and stronger anti-air defence capabilities.
According to satellite images taken by US intelligence company Vantor on June 28, the VLS at the bow of a Type 054B vessel had a different shape compared

As floods devastate Mekong communities, economic strain, conflict compound crisis

People wade through a flooded area due to monsoon rains and rising river water levels in Wetlet, Myanmar’s Sagaing region on Monday. Photo: AFP
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CK Hutchison says ‘forced termination’ of Panama ports cut 1% off throughput

Cheung Kong Center II in Central. The conglomerate says overall port throughput fell by 1 per cent year on year to 43.6 million TEUs in the six-month period. Photo: Jelly Tse

CK Hutchison Holdings has revealed the “forced termination” of operations at two strategic Panama Canal ports shaved 1 per cent off overall throughput in the first half of this year, even as the overall port portfolio performed better than a year ago.

In its half-year financial results released on Thursday, the Li Ka-shing family-backed conglomerate for the first time


Malaysia’s Anwar looks back on relationship ‘well beyond affairs of state’ with Zhu Rongji

Anwar joined a number of world leaders in paying tribute to the former Chinese premier who played a key role in opening up the economy

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Zhu Rongji pictured in 1996 with Anwar Ibrahim, who remembered the Chinese premier as a “good friend”. Photo: AFP

Laura Zhou and Khushboo Razdan

Tributes have been flooding in for former Chinese premier Zhu Rongji , the reformist statesman who played a leading role in integrating China’s economy into the global system and charmed neighbouring

Supplier says subcontractor ordered non-fire-retardant nets before Tai Po blaze

A scaffolding subcontractor at Hong Kong’s fire-ravaged Wang Fuk Court estate ordered batches of non-fire-retardant protective nets, a supplier has confirmed, with the use of substandard mesh earlier identified as a key factor in the deadly blaze’s rapid spread.

The statement from supplier Lam Kee Construction Materials was among the documents released on Wednesday by the independent committee investigating the causes of the fire in November, the city’s deadliest in decades.

The committee’s counsel and expert witnesses previously identified the use


Suspicious object on rail tracks in Germany did not contain explosives: police

This follows a recent attempted drone attack on Leipzig airport, where an unmanned aerial device ‌with explosives was ‌found near a runway

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Police officers cordon off a wide area around the train station in Middle Franconia, where a technician had discovered the object in the track bed at the entrance to the city’s train station. Photo: dpa

German police said on Thursday that a suspicious object found on rail tracks in a Bavarian ‌town did not contain explosives, as initially feared.

Earlier on Thursday, buildings near the object were evacuated in

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