Hong Kong Tender and Business News

Hong Kong End-of-Year Retail Sales Show Robust Growth

The Hong Kong Trade Development Council (HKTDC) just released a very positive report on year-end retail export sales for Hong Kong. Based on that report, HKTDC believes retail business should continue to grow in 2018.

Sands China Helps Rebuild Macao Homes Destroyed by Typhoon Hato

The Coloane shoreline was one of the first areas devastated when Typhoon Hato pummelled Macao in August 2017. Many homes were destroyed in the process, but thanks to a new program from Sands China, many of the residents of those homes now have been able to move been in to rebuilt structures on the same lands where they once lived.

Generic Drug Maker Jacobson Pharma Makes Play to Enter Biosimilar Markets

Jacobson Pharma, the largest generic drug company in Hong Kong, with 30% of the market there, announced its wholly-owned subsidiaries, Jacbson Medical (Hong Kong) Limited and Joyful Ascent Limited, has signed off on licensing and capital agreements to help it enter the fast growing biosimilar markets in the ASEAN community.

Yidan Prize Summit Addresses Education and Human-Machine Interdependence

The Yidan Prize, created to recognize innovators creating sustainable impacts on educational systems for a better future, held its inaugural Yidan Prize Summit on December 11 in Hong Kong. It focused on revolutionizing education and driving mankind into an era of human-machine interdependence.

Sky Solar Acquires 24 MW of Solar Projects in Chile

Hong Kong-based Sky Solar Holdings, Ltd., a global developer, owner and operator of solar parks, is announcing the acquisition of a 24 MW portfolio of “Small Generator” solar projects developed by Renergetica.

DHL Announces HK$2.9B Expansion for Central Asia Hub

DHL Express, part of the international shipping conglomerate DHL based in Germany, is launching an estimated HK$2.9 billion expansion plan for its Central Asia Hub (CAH), in partnership with the Hong Kong Airport Authority.

WuXi Biologics and Pall Establish Continuous Monoclonal Antibody Production Lab

Pall Corporation, a U.S. based provider of advanced filtration, separation and purification technologies, and WuXi Biologics, a Hong Kong based open-access biologics technology platform company offering solutions for biologics discover, development and manufacturing, have established a joint laboratory for monoclonal antibodies (mAb) production.

5 African Economies Show High Promise for Belt and Road Investments

According to a new report by Baker McKenzie and Silk Road Associates, China's Belt and Road Initiative (BRI) is increasing BRI-related projects with up to US $350 billion over the next five years. Kenya, Tanzania, Ethiopia, Djibouti and Egypt are among the major African economies which may benefit from this substantial investment.

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