Author: Eric Ng

Lance Yuen, the newly appointed chief of CK Life Sciences International, is leveraging his extensive experience with global pharmaceutical giants to propel the healthcare company forward. With a background at companies like Bristol-Myers Squibb and Bayer, Yuen aims to bring new drug candidates to market and boost the company’s financial prospects. Describing himself as a “commercialisation expert,” Yuen emphasizes the importance of commercial teams being involved early in the drug development process. He envisions CK Life Sciences making significant strides in cancer treatment through the development of innovative therapies, diagnostics, and prevention methods. Yuen’s track record includes leading consumer health…

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The Future of Innovation: NAMI Expanding to Greater Bay Area The Nano and Advanced Materials Institute (NAMI) is making big moves to support Hong Kong’s SME sector by extending its reach into the Greater Bay Area. CEO Andy Fung revealed plans to establish a physical presence in the region to align with its long-term growth strategy, despite delays caused by the pandemic. The Greater Bay Area, comprising nine cities in southern Guangdong province, Hong Kong, and Macau, offers opportunities for economic integration and collaboration. By expanding its services into this dynamic area, NAMI aims to generate income for technological advancements,…

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Chinese carmakers are rushing to establish a foothold in Europe to avoid import tariffs and reduce logistical costs. The focus is on localizing their EV supply chain, particularly battery production, to save on transport expenses. With the recent imposition of increased tariffs on Chinese exports by the EU and US, the need for localization has become more urgent. To counter these challenges, Tianqi Lithium, a leading player in the industry, is exploring opportunities in lithium-ion recycling and investing in lithium mining projects across Europe. The company’s strategic development plan includes patenting battery recycling technology and potential partnerships with European countries…

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Chairman of the Asia Shipowners Association, Angad Banga, acknowledges Hong Kong’s need to catch up in the maritime and port development sector. However, he is optimistic about the government’s action plan to enhance industry competitiveness through initiatives like decarbonisation and digitalisation. Banga sees opportunities for Hong Kong to transition into more value-added services like ship management and brokering. Hong Kong’s position as a gateway to China, with its robust shipbuilding industry, gives it an edge. He believes that flexibility in transitioning to greener marine fuels is crucial, considering the diverse needs and constraints of different vessels. Hong Kong’s proximity to…

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