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Wanli Names Sai Ying Pun project ‘9 Eastern Street', plans July launch

Wanli Names Sai Ying Pun project ‘9 Eastern Street', plans July launch

The Standarda day ago
Money comes and goes: An unexpected deposit turns a HKer into a millionaire before it flows
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Hong Kong Jockey Club to provide ‘high-quality technical support' at National Games
Hong Kong Jockey Club to provide ‘high-quality technical support' at National Games

South China Morning Post

time40 minutes ago

  • South China Morning Post

Hong Kong Jockey Club to provide ‘high-quality technical support' at National Games

Jockey Club CEO Winfried Engelbrecht-Bresges at the signing ceremony marking the club's additional support for the National Games. Photo: HKJC This help is in addition to the HK$450 million the club will provide to the city to support its co-hosting of the Games in November The Hong Kong Jockey Club announced on Tuesday that it would provide 'high-quality technical support' to the tune of 50 million yuan (US$6.9 million) for the equestrian events at the National Games later this year. This help would be in addition to the HK$450 million (US$57.3 million) the club planned provide as the sole partner sponsor for the Hong Kong competition region. There would also be support for the National Games for Persons with Disabilities and the National Special Olympic Games in the Guangdong competition region. In a press release, the club said its contribution reflected 'its support for national sporting events and its commitment to promoting sports development in collaboration with mainland authorities'. The club said it would provide technical support to the equestrian events of the National Games in six areas: venue design, horse welfare, anti-doping measures, stable management, event service and support, and publicity and community engagement. The club would also deploy an expert team to provide support and equipment for the events, with the aim of helping to ensure the events are conducted to a high standard. In addition, HKJC would support official activities, volunteer services and promotional work in the Guangdong Competition Region. To mark the occasion, a signing ceremony was held at the club's Sha Tin Clubhouse. Among those attending were Cui Jian, the director general of the Guangdong Provincial Sports Bureau, Li Shuguang, the deputy director general of the Department of Publicity, Cultural and Sports Affairs of the Liaison Office of the Central People's Government in the HK SAR, and Yeung Tak-keung, head of the National Games Coordination Office in Hong Kong. Winfried Engelbrecht-Bresges, the Jockey Club's CEO, said the club had long been a staunch supporter of the nation's major sports events, including the equestrian events of the 2008 Beijing Olympic Games, the 2010 Guangzhou Asian Games and the recent 19th Hangzhou Asian Games. He said the club hoped its participation would 'not only contribute to the Games' success but also further develop equestrian sport at the national level', especially within the Greater Bay Area. Cui said the club's support, including for volunteer services and promotional campaigns in the Guangdong Competition Region, had helped advance the vision of a 'green, inclusive, open and clean' National Games. He added that Guangdong and Hong Kong had always stood 'together with one heart' and he encouraged continued collaboration. The National Games, held once every four years, is the nation's largest multi-sports event. This year will be the first time Guangdong, Hong Kong and Macau will be co-hosts. The National Games will be held from November 9 to November 21, with the equestrian events taking place in Shenzhen's Guangming District from November 10 to 19. The two other competitions will take place from December 8 to 15.

China edges closer to Airbus mega-deal, leaving Boeing out in the cold: analysts
China edges closer to Airbus mega-deal, leaving Boeing out in the cold: analysts

South China Morning Post

time3 hours ago

  • South China Morning Post

China edges closer to Airbus mega-deal, leaving Boeing out in the cold: analysts

China may be on the verge of placing another lucrative order with European aerospace giant Airbus, potentially for at least 100 to 200 new aircraft – even as some Chinese airlines remain heavily reliant on US rival Boeing's jets. Europe has emerged as China's go-to source for overseas commercial aircraft in recent years. Boeing, once a major supplier, has not secured a major order from China since 2017 – casting a shadow over its future in the world's second-largest economy amid turbulent trade ties between Beijing and Washington. In that time, the company has also suffered reputational setbacks marked by worker strikes, financial losses and crashes – including the recent Air India disaster that killed at least 270 people aboard a Boeing 787 Dreamliner. Now, as Beijing's geopolitical and aviation safety concerns push Chinese buyers towards Airbus and even the home-grown Comac C919 passenger plane, analysts warn Boeing's absence from China's recent plane-buying spree could leave some airlines in the lurch. 'Buying from Airbus makes a lot of sense now, both commercially and diplomatically … But carriers with Boeing-only fleets are caught on the back foot,' said Brian Yang Bo, an aviation industry veteran and independent consultant.

Philippines eyes multirole fighter jets for ‘credible deterrence' against China
Philippines eyes multirole fighter jets for ‘credible deterrence' against China

South China Morning Post

time3 hours ago

  • South China Morning Post

Philippines eyes multirole fighter jets for ‘credible deterrence' against China

The Philippines must acquire more advanced fighter jets – and soon – to build a 'niche air force' capable of credible deterrence against Chinese intrusions, its air force chief has said, as Manila weighs whether to pursue US-made F-16s or Sweden's Gripen. Manila last month signed a US$700 million deal to acquire 12 additional FA-50 light combat aircraft from South Korea , expanding the Philippine Air Force (PAF)'s fleet to 24 by the end of the decade. These upgraded models will come with enhanced range and weapons capacity, but remain limited compared with full-fledged multirole fighters (MRF). Lieutenant General Arthur Cordura said he welcomed the additional FA-50s but stressed that more advanced platforms were needed to meet the country's defence goals. He said acquiring true MRFs would allow the PAF to project credible strength across the Philippine archipelago and its maritime zones. 'We cannot be at par with China even 10 to 20 years from now. That's the reality here,' Cordura said during a media briefing on June 24, ahead of the PAF's 78th founding anniversary. 'But we can project what we call credible deterrence. They will think twice if they will intrude into the country.' A Philippine Air Force helicopter passes above Philippine Coast Guard vessel BRP Cabra during a joint maritime activity with the US in disputed waters of the South China Sea in June. Photo: EPA-EFE Cordura confirmed that the air force had submitted its preferred choice of MRF to the Department of National Defence (DND), although he declined to name the specific model.

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