Latest news with #futureproofing


South China Morning Post
18 hours ago
- Business
- South China Morning Post
No better time than a property slump to ‘future-proof' urban Hong Kong
How do we 'future-proof' Hong Kong's built environment? For the design and construction industry in particular, this could be the most relevant question amid today's grave challenges. In the global environment, military and tariff wars interrupt supply chains and the uncertain economic outlook hinders project investment and financing. These issues are complicated locally by a suspension of commercial land sales, a property market slump and escalating construction costs Advertisement If the worst of times can also be the best of times – to borrow from Charles Dickens – and hope and progress can rise above despair and stagnation, what can we do to future-proof Hong Kong? But first, what does future-proofing mean? According to the non-profit organisation Urban Land Institute (ULI) and the consultancy Arup, which recently released a report on the future-proofing workshop they co-hosted, it means preserving and protecting Hong Kong's infrastructure, systems, products and services while addressing how to leverage our advantages to achieve our development goals. The United Nations might shed some light on what goals to aspire to. In September 2015, all 193 UN member states unanimously adopted the 2030 Sustainable Development Goals (SDGs). Several of the 17 goals apply to the living environment, focusing on creating sustainable cities and communities and preserving nature and ecologies. With only five years to 2030, there is a lot to be done for cities, and Hong Kong is no exception. Moreover, Hong Kong is not just any city. We are a financial powerhouse with world-class infrastructure, top-tier universities, a robust and hardworking workforce and forward-thinking leaders, investors and developers. If any city can achieve the SDGs, we should be one of the first to do so. 03:28 Beauty in plain sight: why Hong Kong's public housing estates are worth a closer look Beauty in plain sight: why Hong Kong's public housing estates are worth a closer look Thus we must move from the monovision typical in a capitalist economy towards collaboration.


Forbes
16-06-2025
- Business
- Forbes
2025 Forbes Iconoclast Summit: The Boardroom Psyche: Corporate America's Response to the Economic Landscape
| Jun 16, 2025, 01:31PM EDT What steps are companies taking to futureproof their businesses and adapt to the current period of unrest and uncertainty? With corporate leaders thinking differently about supply chains, partnerships and investments, what can we expect on the dealmaking front and when are they expecting business conditions to stabilize? Gain insights from the boardroom and beyond as experts dissect the corporate playbook for today's economic landscape. Forbes CEO Sherry Phillips is joined by Mizuho Americas Head of Investment & Corporate Banking Michal Katz, Member of the UK's House of Lords and Co-Principal of Versaca Baroness Dambisa Moyo, and Quinn Emanuel Urquhart & Sullivan, LLP Partner Alex Spiro at the 2025 Forbes Iconoclast Summit in New York City.