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Hong Kong: proudly helping to take China’s aviation innovation to new heights

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7 days ago

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C919

HONG KONG SAR – Media OutReach Newswire – 2 January 2025 – With much fanfare, Hong Kong welcomed the inaugural scheduled commercial flight outside of Mainland China of the country’s first domestically developed and built C919 passenger jet aircraft on January 1, 2025.

Operated by China Eastern Airlines, the C919 has taken up a daily round-trip route between Hong Kong International Airport (HKIA) and Shanghai Hongqiao International Airport, marking an historic milestone for the home-grown narrow-body aircraft in accordance with international airworthiness standards, and a new phase for Hong Kong as a global aviation hub.

“We hope that through this scheduled commercial flight, we can bring this historic innovation breakthrough in the Mainland’s production of civil aviation aircraft to our Hong Kong citizens, as well as to the international visitors coming to Hong Kong,” said Mable Chan, Secretary for Transport and Logistics.

“We do hope that through this inaugural flight, we can innovate and establish ourselves in civil aviation, so as to demonstrate our position under ‘one country, two systems’ and our advantage of facilitating the Mainland’s achievements to flourish with Hong Kong’s position.”

She highlighted three areas where Hong Kong could demonstrate its strengths and advantages. First, aircraft maintenance. HKIA has rich experience and comprehensive ancillary facilities that can fully support the maintenance of China-made aircraft outside of the Mainland. Second, training. The Hong Kong International Aviation Academy is an important aviation training centre in Asia, and is considering expanding its training programmes to cover areas related to C919. Third, aircraft leasing. With a preferential tax regime for aircraft leasing, coupled with Hong Kong’s well-established legal and financial systems as well as being the world’s largest offshore renminbi business centre, the city has an edge in aircraft leasing and can help the expansion of China-made aircraft in the international market through “finance leasing” in the city.

Earlier, Chan thanked the Civil Aviation Administration of China for its continued strong support of Hong Kong, and said the C919 scheduled commercial flights would give more Hong Kong residents “a chance to step on the C919 and experience the remarkable achievements of the nation’s aviation development.”

“As an international aviation hub located in the heart of Asia, with half of the world’s population within a five-hour flight, and with the newly opened three-runway system (3RS), Hong Kong will continue to capitalise on its unique advantage of connecting the nation and the world under ‘one country, two systems’,” Chan said.

On November 28, 2024, the eagerly anticipated 3RS at HKIA was commissioned, ushering in a new era for Hong Kong’s aviation industry and its role in propelling related economic activities.

With the 3RS in full swing, HKIA, already the world’s busiest air cargo hub, would be able to increase handling capacity by about 50%, to some 120 million passengers and 10 million tonnes of cargo a year by 2035.

More than a city airport, HKIA has evolved into an Airport City and new projects include, among other things, creating an ecosystem for the arts industry, building the AsiaWorld-Expo Phase 2, developing a yacht bay with ancillary facilities and opening a food market for imported fresh food. Indeed, Hong Kong aims to expand the scale of the Airport City by more than double, building a new, world-leading landmark.

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Wentors Launches Wentors 2.0 to Advance Women in Technology Globally

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7 hours ago

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January 9, 2025

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Wentors

Program to empower women through mentorship, AI skill development, and workforce innovation

It’s about breaking barriers, unlocking potential, and showing every woman that she has what it takes to thrive

LONDON, United Kingdom, January 9, 2025/APO Group/ — 

Wentors, a leading organization dedicated to advancing women in technology, is proud to announce the launch of Wentors 2.0 – a transformative platform offering highly personalized mentorship, exclusive networking opportunities, and workforce development programs for women. Applications are now open year-round, with participants encouraged to apply by January 18, 2025 to take advantage of available scholarship opportunities. Wentors 2.0 aims to strengthen the global tech ecosystem by equipping women with the tools, guidance, and resources they need to excel.

The gender gap in technology continues to be a significant challenge, magnified by the rapid advancements in AI. Since its inception, Wentors has been dedicated to bridging this divide, impacting over 10,000 women and delivering more than 100,000 hours of mentorship to over 3,000 mentees. Now, as AI reshapes industries worldwide, Wentors 2.0 is stepping up with renewed focus and urgency to empower women to thrive in the evolving tech workforce and lead the way in closing the gap.

“With Wentors 2.0, we’re creating a world where women in tech feel seen, supported, and unstoppable,” said EduAbasi Chukwunweike, Founder of Wentors. “It’s about breaking barriers, unlocking potential, and showing every woman that she has what it takes to thrive. This is a movement you should watch out for, the future of women in technology starts here.”

Tailored for Every Career Stage

Wentors 2.0 offers two membership tiers designed to support participants at different stages of their careers:

Foundational Program: For beginners or aspiring tech professionals, and women transitioning into tech –  

  • Monthly power sessions with senior tech leaders
  • Skill mastery through curated learning paths
  • LinkedIn profile optimization for professional visibility
  • Access to the Tech Innovators Network, fostering a supportive community

Pro Membership: For experienced professionals –

  • One-on-one mentorship with top industry professionals
  • Access to industry-recognized certifications
  • Advanced workshops on personal branding and networking strategies
  • Invitations to exclusive networking opportunities and events

Expanding Accessibility

Speaking at the program’s launch, Flapmax, a key AI development partner, emphasized its commitment to the initiative. “Skill mastery, certifications, and advanced bootcamps all offered by Wentors are the building blocks of thriving tech careers, and Wentors 2.0 delivers these in spades. We believe in this mission, which is why we are proud to offer scholarship opportunities to ensure greater accessibility for women everywhere.”

Inclusivity is at the core of Wentors 2.0, welcoming women from diverse backgrounds and varying levels of experience. The program pairs participants with mentors who align with their goals and career aspirations, delivering tailored learning experiences that boost confidence, nurture growth, and advance careers.

Applications Now Open

Applications for Wentors 2.0 are now open year-round, with participants encouraged to apply by January 18, 2025 to take advantage of available scholarships. While the program operates on a rolling basis, participants will join structured cohorts designed to maximize collaboration and learning opportunities.

To apply and for more information, visit https://premium.wentors.com

Distributed by APO Group on behalf of Flapmax.

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Business

SUNRATE Expands Beyond Global Payments in 2025 by Introducing New Treasury Solutions

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11 hours ago

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January 9, 2025

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SUNRATE
Newly Launched “Trading and Hedging” Solutions to Empower Businesses with FX Trading, Hedging Strategies and Products
SINGAPORE – Media OutReach Newswire – 9 January 2025 – SUNRATE, the global payment and treasury management platform, kickstarts the new year by introducing new treasury solutions – “trading and hedging” for businesses worldwide. These solutions are launched through Sunrate Markets Pte. Ltd., which holds a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS).
 
Mr. Joshua Bao, co-founder of SUNRATE, said, “Being awarded the CMS license by MAS was an important milestone, but it was even more critical for us to go-to-market (GTM) with products and services that deliver significant value to our customers. With our vast experience in global payments and foreign exchange (FX) and the numerous product iterations based on customer feedback, we are confident that our customers will be able to leverage unparalleled global presence, accessing all their trading and hedging needs in one place.”In addition to the CMS license, SUNRATE is one of the few companies in Singapore that also holds a MAS license as a Major Payment Institution (MPI) for Account Issuance Service, Domestic Money Transfer Service, Cross-border Money Transfer Service, Merchant Acquisition Service, and E-money Issuance Service. Its dual-license status attests to its strong compliance and governance framework, credentials, and competencies, as well as know-how, while enhancing its capabilities in the area of global B2B payments and treasury management.Mr. Yumi Zhang, Head of Global Markets at SUNRATE, said, “With geopolitical risks set to affect the world economy and global businesses more than ever, it is imperative that we work even closer with our customers to apply various strategies to hedge and protect against any market volatility, especially in emerging markets. In addition to the fast, secure, and cost-effective global B2B payment products and services that we offer, businesses, particularly those engaged in B2B trade, will appreciate the insights and stability that we can bring to them with our new offerings.”

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Hong Kong’s Innovations Radiating Impact at CES 2025

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13 hours ago

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January 9, 2025

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CES
Largest-ever delegation of homegrown tech companies capturing global attention and potential business opportunities
HONG KONG SAR – Media OutReach Newswire – 8 January 2025 – Hong Kong Science and Technology Parks Corporation (HKSTP) marked significant presence at the Consumer Electronics Show (CES) 2025 in Las Vegas, where a largest-ever delegation of 51 tech companies and institute at Hong Kong Tech Pavilions is capturing the attention of industry leaders, corporate partners and venture capitalists from global markets for business leads and investment opportunities. 

 Organized in collaboration with the Hong Kong Trade Development Council (HKTDC) and supported by the Hong Kong Electronics Industries Association (HKEIA), the delegation, brought together an array of cutting-edge solutions across advanced electronics, green tech, life & health sciences, and more. Home-grown solutions from HKSTP including smart irrigation system Rocket 2.0 by Full Nature Farms, assistive wearable Seekr by Vidi Labs, and World’s smallest 3-axis Micro Gimbal Stabiliser by Vista InnoTech, together with Mobile Ankle-foot Exoneuromusculoskeleton, a telerehabilitation device by The Hong Kong Polytechnic University and Thecon Technology, have been recognised by the CES Innovation Awards 2025.Albert Wong, CEO of HKSTP, remarked on the overwhelming success, “As an incubator, our ultimate goal lies in advancing the life of humankind. Be it breakthroughs to showcase at premier exhibitions like CES, or bridging between tech and talent with initiatives as Innovation Mixer does, HKSTP has been expanding our global footprint with great momentum in maximising salient achievements and potential opportunities over the years, that promises collaboration and confidence in carrying out our commitment to cultivate the I&T scene.”Part of its broader strategy to enable Hong Kong tech companies to scale globally and endow sustainable impact, HKSTP will be building on the momentum from CES, and continue the Innovation Mixer US expedition in San Francisco to actively engage with ambitious talent; and also in paving way for the second cohort of the Global Booster Programme, catered for stellar tech companies from Hong Kong to embark on an intensive six-month journey in the Silicon Valley to connect with all sorts of resources for technological advancements.About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 15,000 research professionals and over 2,000 technology companies from 25 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.More information about HKSTP is available at www.hkstp.org.

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