Latest news with #MainlandChinese
Time of India
02-07-2025
- Politics
- Time of India
With Japanese Baba Vanga's July 5 apocalyptic prophecy looming, Japan prepares new megaquake plan
Japan has warned that its plans to handle a megaquake in the Nankai Trough still fall short of saving thousands of lives. The government now wants faster action to build barriers, run more drills, and calm fears fuelled by a manga comic predicting a quake this July. Scientists stress quakes can't be timed. Japan's disaster guide urges everyone to know escape routes, secure their homes, and stay alert — practical steps that could mean survival when the ground moves. Tired of too many ads? Remove Ads Old plan, new urgency History of deep tremors Tired of too many ads? Remove Ads New megaquake prediction: Viral rumours, nervous visitors How to prepare for earthquake? Before a Quake: During a Quake: Tired of too many ads? Remove Ads After a Quake: Japan's government says urgent improvements are needed to stop a megaquake from killing up to 300,000 people if disaster strikes the Nankai Trough . Officials have raised the chance of a powerful jolt there within 30 years to as high as 82 percent. A new estimate in March warned such a quake and tsunami might claim as many as 298,000 lives and cause damage worth up to $2 in 2014, the Central Disaster Management Council set out a plan to cut deaths by 80 percent through stronger defences and evacuation measures. Ten years on, progress is limited. Kyodo news agency reported that actions so far may only reduce the toll by 20 week, an updated strategy landed on the table. It demands faster building of embankments, more sturdy evacuation sites and repeated drills for Minister Shigeru Ishiba didn't mince words. 'It is necessary for the nation, municipalities, companies and non-profits to come together and take measures in order to save as many lives as possible,' Ishiba said at a government meeting, according to local Nankai Trough stretches 800 kilometres under the Pacific coast. One tectonic plate slides beneath another here. Nature's push and pull under these waters has triggered massive quakes for 1,400 years — striking roughly every century or two. The last big one hit in August, the Japan Meteorological Association (JMA) issued its first advisory that the risk had jumped. But they lifted it after a week. The fault line remains travels fast these days. A manga comic, reissued in 2021, predicted a huge disaster on 5 July 2025. The date has stuck online. Some foreign tourists are skipping Japan this summer. In May, Hong Kong's Greater Bay Airlines cut flights, saying 'demand has rapidly decreased,' a local tourism official told data reflects it. Visits from Hong Kong fell 11.2 percent that month compared to last year. Mainland Chinese visitors surged 44.8 percent and South Korean arrivals rose 11.8 percent, showing not everyone is staying Nomura, head of the JMA, reminded the public in May that fear shouldn't replace facts. 'It is impossible with current science to predict earthquakes by specifying the location, time, and magnitude of an earthquake, and to say that an earthquake will or will not occur,' Nomura said. 'We ask the public to take certain steps so that you can cope with earthquakes no matter when they occur. But we also strongly urge the public not make irrational actions driven by anxiety.'Tokyo's disaster guide is clear: being ready beats guessing when the ground will where you'll run — not just from home but from work, your child's school and any place you often visit. Print maps. Don't trust the internet during a blackout. Write down phone numbers for family, friends, emergency services and your embassy. Keep them in a waterproof kit. Stock up on water, dry food and check expiry dates every year. Strap down furniture, heavy gadgets and cabinets. A loose fridge or shelf can your car tank half full. Watch for evacuation signs when you travel. Register with your embassy if you're not a Japanese citizen. Download a quake app like Yurekuru Call. A few seconds' notice might help you duck for drop to lower your centre of gravity. Cover your head and neck. Hold onto something solid. Outside, dodge falling glass or bricks. On a train or bus, follow staff instructions and move away from windows. In a car? Pull over far from trees, poles or buildings. If you leave the car, unlock it and keep the keys in so rescue teams can move the sea? Don't wait for a siren. Climb to higher ground fast. If trapped, cover your mouth. Tap pipes or walls for help. Save energy — don't shout. Use texts or social media if calls fail. After Japan's 2011 quake, Twitter kept many in touch. Avoid lifts — aftershocks hit hard. Switch off gas and your circuit breaker if you evacuate. Flames can spark bigger trouble.A megaquake is a matter of when, not if, say Japanese officials. Calm heads, solid plans and strong teamwork could stop the worst. The rest is up to nature — and how ready people are to face it when the ground shakes again.(With inputs from AFP)
The Sun
27-06-2025
- Business
- The Sun
Cyberport 5 as Hong Kong's New I&T Landmark
HONG KONG SAR - Media OutReach Newswire - 27 June 2025 - The Cyberport 5 building is set to become a prominent and significant landmark in Hong Kong's innovation and technology (I&T) ecosystem. Equipped with next-generation digital infrastructure and advanced smart office facilities, it will support research and development (R&D) in cutting-edge fields, including artificial intelligence (AI), data science, blockchain and cybersecurity. This landmark development will bolster key I&T sectors, including smart cities, financial technology, low-altitude economy, culture, sports and tourism, as well as driving the growth of strategic emerging industries. By providing expanded space for research, innovation and demonstration of solutions, Cyberport 5 will attract top-tier I&T enterprises from both the Mainland Chinese and international markets, reinforcing Hong Kong's position as a hub for global talent in the field. Simon Chan, Chairman of Cyberport said, 'The Cyberport expansion project marks a key milestone in the evolution of Hong Kong's I&T infrastructure. It offers more extensive and vibrant spaces for technology enterprises, enabling Hong Kong to foster new quality productive forces and to drive the development of strategic emerging industries and future industries. The Cyberport 5 building will be equipped with advanced technological facilities to provide staunch and continuous support for the research, development, and application of innovative technologies. This will enhance intelligent upgrading and transformation of different industries, driving the high-quality development of Hong Kong's digital economy and smart city. In addition, it will attract more domestic and international technology firms and talents to Cyberport, reinforcing Hong Kong's position as a global hub for innovation and technology. The expansion project will at the same time enhance the waterfront park with improved green landscaping, smart facilities, and pet-friendly environment, allowing the public to enjoy a high-quality living driven by I&T, while promoting a harmonious, inclusive, smart and sustainable community.' The Cyberport expansion project includes the construction of Cyberport 5 building and enhancement of the waterfront park. Cyberport 5 is a 10-storey building with a panoramic sea view located at the northwest of the park, occupies 1.6 hectares with a gross floor area of approximately 66,000 square metres, among which 36,000 square metres were office and co-working space representing approximately 30% of the current total floor area. The new building features curvilinear and cascading design, incorporating atriums, skylights and outdoor terraces. It fosters exchanges and interaction among users in flexible workspaces and dedicated collaborative areas, with elevated walkways connecting to the adjacent campus. Cyberport 5 also includes advanced technological infrastructure, housing a Tier-III+ grade sustainable data centre as the data services platform. With proximity to Artificial Intelligence Supercomputing Centre (AISC) and Hong Kong Internet Exchange (HKIX), it will provide high power density, top-performance data storage and computing capabilities. With dedicated fibre optics, multi-cloud platforms, and 10G broadband services, the building will offer ultra-fast, low-latency connectivity. In addition, the infrastructure is ready to support high-speed submarine cable network connections, accelerating global network connectivity, international communication integration, and data transmission. Cyberport 5 will feature a multi-function hall with a capacity of 800 attendees, making it ideal for hosting large industry events to promote exchange within the tech sector. The building also provides over 5,000 square metres of public open space, a sunset observation deck and other viewing facilities for public enjoyment. In addition, an array of ancillary facilities will further enhance visitors' experience in retail and dining. Cyberport is committed to fostering sustainable development by leveraging innovative technologies. The new building incorporates green and smart design elements, such as Internet of Things (IoT) technology and renewable energy applications, positioning it as a model for low-carbon architecture. During construction, Building Information Modeling (BIM) technology was employed, alongside 4D BIM simulations for project management and an IoT-based electronic monitoring system to ensure operational efficiency and safety. Additionally, we adopted 'Modular Integrated Construction (MiC)', with materials transported by shipping, and implemented real-time monitoring and preventive measures to minimise environmental impact. The new building with green building and design features has garnered multiple industry certifications, targeting to achieve BEAM Plus New Buildings 1.2 Platinum Rating, BEAM Plus New Data Centres 1.0 Platinum Rating, and has achieved WiredScore Platinum Rating and SmartScore Platinum Rating. The project has also received numerous industry awards for smart building and construction, including recognitions from the Construction Industry Council, the Hong Kong Green Building Council, and the Hong Kong Institute of Surveyors, demonstrating extensive industry recognition of its achievements. As part of the expansion project, the waterfront park has also been enhanced to bring a luxuriantly green public space for the community. The park will provide a waterfront promenade and smart facilities, and enhanced the green landscape, park and disembarkation facilities and more, with the aim of creating a pet-friendly environment, transforming the park into a public space for leisure, sports and technology experience, and allowing the public to enjoy a comfortable and pleasant outdoor environment for a more diverse and high-quality community life. With tenancy interest from various enterprises and organisations, Cyberport has appointed CBRE Hong Kong as the chief leasing agent to handle leasing matters for the Cyberport 5 building. For more details about the Cyberport expansion project, please visit For leasing enquiries, please contact Billy Kwong, Leasing Senior Manager of Cyberport (Tel: 852-3166 3875; Email: billykwongsh@ or Benny Cheung, Senior Director of Advisory & Transaction Services | Office Services of CBRE, (Tel: 852-9039 1439; Email:
Arabian Post
16-06-2025
- Business
- Arabian Post
Chubb Life Hong Kong Launches Chubb 1792 Club: A New Era in Tailored Wealth Management Services
With a legacy of excellence, expertise, and a bold vision, Chubb Life HK is meeting rising demand for sophisticated, future-focused financial planning through bespoke legacy and wealth solutions HONG KONG SAR – Media OutReach Newswire – 16 June 2025 – Chubb Life Hong Kong (Chubb Life HK) today launched its first wealth centre, Chubb 1792 Club, marking a pivotal moment in its insurance and wealth management journey. Located at The Gateway in Tsim Sha Tsui, a premier business and tourism district, Chubb 1792 Club aims to serve the increasing health and wealth needs of affluent customers and high-net-worth (HNW) individuals in Hong Kong as well as incoming visitors to the city. (From Left) Ms Joan Tam, Head of Brokerage, Chubb Life Hong Kong, Ms Ivy Cheung, Chief Marketing Officer, Chubb Life Hong Kong, Mr. Eric Ng Tung Hing, Global Chief Financial Officer, Chubb Life, Mrs Belinda Au, President of Hong Kong and Head of North Asia, Chubb Life Hong Kong, Mr Bryce Johns, Global President, Chubb Life, Mr William Man, Chief Operation Officer, Chubb Life Hong Kong The launch of Chubb 1792 Club marks a key milestone for Chubb Life as Hong Kong accelerates its ascent as a global insurance and wealth management powerhouse, attracting affluent and HNW customers and their assets. By the end of 2023, the asset and wealth management sector reached a remarkable HK$31.2 trillion, with 64% of assets sourced from non-Hong Kong residents. This acceleration is particularly evident in the life insurance sector, which saw record-breaking sales in 2024 as both local residents and Mainland Chinese visitors sought protection and wealth management solutions. Notably, Mainland Chinese visitors spent HK$62.8 billion in 2024 mainly on life, critical illness and medical policies, a 6.5% increase from the previous year, reinforcing the city's potential to attract and manage wealth for affluent and HNW individuals. ADVERTISEMENT The surge in demand for life and health related policies reflects Chubb Life's key target audience of affluent and HNW customers. The company offers a comprehensive suite of tailored insurance solutions designed to meet the unique needs of its customers, including wealth preservation and intergenerational legacy management. In response to this growing demand, Chubb Life HK has expanded its portfolio with tailored insurance solutions, including its flagship Chubb MyLegacy Insurance Plan III, as well as Future Achiever Savings Plan II and Infinity Prestige Life Insurance Plan. Belinda Au, President of Chubb Life Hong Kong and Head of North Asia, said, 'The launch of Chubb 1792 Club represents a bold leap in our continued expansion in the wealth management space. It reflects our long-standing commitment to serving the evolving needs of customers with differentiated, high-touch solutions that go beyond traditional insurance.' Chubb 1792 Club, a tribute to Chubb's foundational year and legacy of excellence, will feature a nearly 10,000-square-foot signature lounge designed to deliver bespoke wealth management services and cultivate meaningful business opportunities, empowering affluent clients, brokers, and agents to build trusted relationships and enrich both their business and personal lives with every visit. 'Disclaimer: **Important Note**: This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell, solicitation or persuasion to buy or provision of any of insurance products outside Hong Kong. Hashtag: #Chubb The issuer is solely responsible for the content of this announcement. About Chubb Chubb is a world leader in insurance. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The company is defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb employs approximately 43,000 people worldwide. Additional information can be found at:
San Francisco Chronicle
16-06-2025
- Entertainment
- San Francisco Chronicle
End of an era nears as San Francisco movie theater owners seek buyers for historic venues
Frank Lee got his start in the movie business in the late 1960s as an usher at his father's Chinatown theater. Nearly six decades later, he is approaching the final reel of his career. Lee and his wife Lida are searching for a buyer to take over their two remaining theaters, the Marina and Presidio on Chestnut Street. When that happens, it will mark the end credits on a landmark run in San Francisco's independent film exhibition scene. 'It's been in my mind many years, but I think it's about time,' the 70-year-old Lee told the Chronicle. 'I'm not getting younger, right?' The Lees run Lee Neighborhood Theatres, which included the 4 Star Theater, which they operated from 1992-2021, and the Chestnut Street theaters. They took over the Presidio in 2004 and the Marina in 2008, showing mainly first-run movies. But their lasting legacy in San Francisco is rooted in their championing of Asian cinema, particularly Hong Kong, Mainland Chinese and Taiwanese genre films. In the 1990s and early 2000s, the 4 Star often opened new Hong Kong movies the same week they debuted in Asia, introducing local film fans to the exploits of Jackie Chan, Michelle Yeoh and Jet Li before they went to Hollywood. The 4 Star's Asian film festivals curated current and classic films from not only the Chinese-speaking territories, but also Japan, South Korea, the Philippines and many more. 'Frank and Lida have entertained multiple generations of San Franciscans at the movies, and they have left a legacy of happy customers,' said CinemaSF co-owner Adam Bergeron, who took over programming at the 4 Star when the Lees sold the theater in 2021. 'Here's hoping their next phase is happy and restful.' Frank Lee took after his father, Frank Lee Sr., a World War II veteran and civil engineer who operated movie theaters in Chinatowns across North America. The elder Lee was deeply connected in the industry and even knew martial arts film star Bruce Lee, a native of San Francisco. The junior Lee began working in his father's Bella Union theater on Kearny Street when he was just 13. Lee and his father closed the Bella Union in the 1980s and briefly operated a series of since-demolished theaters — the Parkside on Taraval Street, the Kokusai in Japantown and the Cannery Cinema near Fisherman's Wharf. Lee's father, who died in 2002 at 79, chose to retire, while the younger Lee took over the 4 Star, a Richmond District gem that first opened in 1912. With a passion for cinema and stocked with some 600 film prints of classic Asian films his father had collected over the years, Lee was determined to make his own mark on the San Francisco film scene. 'It was our baby,' Lee said. The 4 Star almost ceased operations in the mid-2000s when the property was acquired by a local church, which sought to evict the Lees. After a contentious legal battle that spanned nearly three years and involved the San Francisco Board of Supervisors, the church backed off and sold the property to the Lees. The success of the 4 Star encouraged the Lees to acquire the Presidio and Marina theaters. But soon the rise of streaming and home video made running an independent movie theater challenging. The pandemic magnified those problems. Compounding matters, these days, new movies from Asian markets now screen at AMC and Century theaters across the Bay Area. While the Lees sold the 4 Star the year after its forced closure during the pandemic shutdown — a period in which Lee catalogued and donated classic film prints to archives in Hong Kong and Taiwan — they believe the Presidio and Marina theaters are viable businesses. Both are located in a vibrant neighborhood full of restaurants and retail shops. With their two sons, both doctors, uninterested in taking them over, the couple is looking for outside buyers with a vision. Lee believes the key to independent movie theater survival is to make them multi-use venues, so he's already gotten city approval to convert the ground floor of the Marina to a restaurant and cafe. Meanwhile, he's been booking special events at both theaters including live music and comedy shows, birthday parties and corporate and school events. For the past two years, the theaters even served as a venue for the San Francisco International Film Festival. So his advice for future owners: 'Be creative.'
Fashion Network
02-06-2025
- Business
- Fashion Network
Jewelry and fashion sales slide in Hong Kong's April retail data
Hong Kong's retail sales fell for a 14th straight month in April, government data showed on Monday, as local consumers remained cautious and visitors from mainland China spent less, although the decline was smaller than in March. Retail sales by value fell by 2.3% in April from a year earlier to HK$28.9 billion ($3.68 billion), after a 3.5% fall in March. In volume terms, sales slipped 3.3% from a year earlier, compared with a revised 4.7% decline in March. While the territory saw a jump in visitors from mainland China, many came just for the day and did not spend much. In contrast, local residents spent more across the border, taking advantage of the Hong Kong dollar's relative strength against the Chinese yuan. A Hong Kong government spokesman said 'ongoing changes in consumption patterns and competition among businesses amid the uncertain macroeconomic environment will still pose challenges' to the retail sector. However, the spokesman added that the Hong Kong government's promotion of tourism, big events, and steady growth of the mainland economy will bolster consumer sentiment. The data from the Hong Kong Tourism Board showed that April visitor arrivals stood at 3.85 million, up 13.5% from the same month a year ago. That compared with 3.82 million in March, 3.67 million in February, and 4.74 million in January. Mainland Chinese visitors stood at 2.81 million in April, up 13.3% from a year ago. That compares with 2.75 million in March, 2.77 million in February, and 3.73 million in January. Sales of jewelry, watches, clocks and valuable gifts fell 1.7% year-on-year in April after a 3.4% drop in March. Sales of clothing, footwear and allied products declined 5.5% year-on-year in April after a 10.4% plunge in March. ($1 = 7.8438 Hong Kong dollars)
