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Paul Chan highlights Hong Kong’s strengths before concluding his visit to the WEF Annual Meeting in Davos

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7 months ago

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Paul Chan

HONG KONG SAR – Media OutReach Newswire – 23 January 2026 – Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR), wrapped up his attendance at the 56th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland yesterday (January 22). During the WEF Annual Meeting 2026, themed “A Spirit of Dialogue”, Mr Chan met with political, business and financial leaders to brief them on the latest situation in Hong Kong as well as the city’s new opportunities for partnership and investment.

A day earlier (January 21), Mr Chan spoke at the 2026 Davos-Caixin CEO Luncheon themed “Beyond Old Models: Designing Growth That Works”. He outlined the steady progress Hong Kong has made over the past couple of years, and shared the city’s development vision and strategic positioning in its three key growth engines — finance, trade, and innovation and technology.

The Financial Secretary highlighted that breakthroughs in technologies such as artificial intelligence and blockchain are driving profound industrial transformation and economic growth. Under the “one country, two systems” policy, Hong Kong is actively exploring and piloting initiatives in financial and technological innovation. With strong collaboration among neighbouring cities in the Guangdong-Hong Kong-Macao Greater Bay Area that boast robust innovation and technology industrial chains, Hong Kong holds tremendous development potential and is a worthwhile investment destination.

HKSAR’s Financial Secretary Paul Chan delivers keynote remarks at the 2026 Davos-Caixin CEO Luncheon in Davos, Switzerland.

Mr Chan also spoke at a dinner themed “China in Focus”, sharing his views on China’s development, international relations, as well as capital market developments in both the Chinese Mainland and Hong Kong.

During a business exchange session of the WEF Annual Meeting, Mr Chan interacted with nearly 100 leaders from various sectors and regions. The discussion covered topics such as the outlook for the United States and global economies, strategies to enhance economic resilience, and ways to promote growth.

The Financial Secretary also held bilateral meetings with the Deputy Prime Minister of Cambodia, Mr Sun Chanthol, and the Minister of State for Financial Affairs of the United Arab Emirates, Mr Mohamed bin Hadi Al Hussaini respectively. They exchanged views on the global economic and trade landscape and matters of mutual interest, and explored ways to strengthen bilateral economic and trade co-operation.

On the final full day of his visit to Switzerland (January 22), Mr Chan spoke at a WEF Annual Meeting thematic session titled “How to Finance Decarbonization?”. The event examined how public-private collaboration can continue to support the goal of achieving carbon neutrality, amid global economic slowdown, high debt levels in advanced economies and geopolitical developments.

Mr Chan (second left) speaks at a WEF Annual Meeting thematic session titled “How to Finance Decarbonization?”

Mr Chan shared Hong Kong’s strategies in striving to achieve the city’s target for carbon neutrality by 2050. These strategies include leveraging government policy to steer behavioural changes among enterprises and consumers, such as providing tax concessions for electric vehicles and incentives for green buildings. He also mentioned financial support for trials of innovative technologies, such as sustainable hydrogen-powered transport, to encourage innovation.

Hong Kong actively facilitates private capital participation in the decarbonisation process through a rich green finance ecosystem, such as green bonds and Environmental, Social and Governance (ESG) funds. The HKSAR Government also encourages financial innovation, including the issuance of tokenised green bonds to allow wider investor participation in green projects, and the securitisation of loans for infrastructure projects to release capital for reinvestment into new projects.

Mr Chan also met with leaders from political, business and international organisations, including the President and Chief Executive Officer of the WEF, Mr Børge Brende, and the First Deputy Managing Director of the International Monetary Fund, Mr Dan Katz. Moreover, Mr Chan held separate meetings with the Global Chairman of PricewaterhouseCoopers, Mr Mohamed Kande; the Chief Executive Officer of AXA Group, Mr Thomas Buberl; and the Vice President of Global Public Policy of Amazon Web Services, Mr Michael Punke, to exchange views on the current global economic and market situation, as well as technological development.

Mr Chan was among some 3,000 leaders from various sectors around the world who attended the WEF Annual Meeting 2026.

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Transnet Freight Rail Chief Executive Officer (CEO) to Spotlight South Africa’s Rail Reform at African Mining Week (AMW) 2026

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1 week ago

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August 20, 2026

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Etu Energias

As South Africa accelerates freight rail reforms and private sector participation to unlock mining investment, Transnet Freight Rail CEO Russell Baatjies will outline the company’s infrastructure modernization strategy and opportunities for investors at African Mining Week 2026

CAPE TOWN, South Africa, August 20, 2026/APO Group/ –Russell Baatjies, Group Chief Executive of Transnet Freight Rail, has been confirmed as a speaker at African Mining Week (AMW) 2026 – Africa’s premier gathering for the mining industry – taking place October 14-16 in Cape Town.

 

Baatjies will participate in the Regional Connectivity: Financing Africa’s Mineral Infrastructure panel, where he is expected to discuss Transnet’s strategy to modernize South Africa’s freight rail network, expand private sector participation and strengthen regional logistics corridors to support mining growth and cross-border trade.

His participation comes as South Africa accelerates sweeping logistics reforms aimed at removing infrastructure bottlenecks and unlocking greater investment across its mining sector. As the country seeks to mobilize R2 trillion to develop its critical minerals industry – including an estimated R40 trillion in untapped iron ore resources – expanding rail and port capacity has become central to increasing exports of coal, platinum group metals, manganese, chrome and iron ore while improving regional trade connectivity.

In May 2026, Transnet signed rail access agreements with 11 Train Operating Companies (TOCs) serving the coal, manganese, container, fuel and general freight sectors, marking a major step toward opening the national freight rail network to private operators. The agreements are expected to add 24 million tons of annual freight capacity, with the potential to increase to 52 million tons over the next five years, supporting South Africa’s goal of increasing annual rail volumes from approximately 180 million tons to 250 million tons by 2030.

Building on these reforms, Transnet launched the procurement process in June 2026 for The Leasing Company, a rolling stock leasing platform designed to improve access to locomotives and wagons for both established and emerging TOCs. The initiative is expected to increase asset utilization, strengthen freight capacity and attract greater private investment into Southern Africa’s rail sector.

The company is also reinforcing its financial position to accelerate infrastructure modernization through major financing agreements, including a €300 million loan from Agence Française de Développement, a €350 million loan from the European Investment Bank, a $278 million facility from the New Development Bank, a $1 billion loan from the African Development Bank and a R94.8 billion government guarantee package supporting its long-term recovery and investment program.

Alongside infrastructure investment, Transnet is strengthening collaboration with the mining industry to improve export capacity through strategic agreements with Exxaro Resources, United Manganese of Kalahari, Hotazel Manganese Mines and Tshipi é Ntle Manganese Mining, reinforcing efforts to support higher mining production through more efficient logistics.

At AMW 2026, Baatjies is expected to examine how rail modernization, private sector participation and regional logistics integration can unlock new mining investment while strengthening Africa’s mineral value chains and improving access to global markets.

 

 

Distributed by APO Group on behalf of Energy Capital & Power.

 

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Energy Intensive Users Group of Southern Africa (EIUG) and VUKA Group announce joint EIUG Conference and C&I Energy + Storage Summit

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2 weeks ago

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August 18, 2026

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Energy

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities

JOHANNESBURG, South Africa, August 18, 2026/APO Group/ –The Energy Intensive Users Group of Southern Africa (EIUG), together with VUKA Group (https://WeAreVUKA.com/), will co‑host the EIUG Conference alongside the C&I Energy + Storage Summit, created by VUKA Group, on 28–29 October 2026 at The Maslow Hotel, Sandton.

The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities. It will bring together government, industry leaders, energy‑intensive consumers, and service providers to exchange perspectives, strengthen industrial competitiveness, and explore solutions for South Africa’s energy future.

The two‑day programme features ministerial and industry keynotes, panel discussions on tariff escalation, carbon tax, CBAM, and electricity market reforms, as well as masterclasses on financing, digitalisation, grid security, and hydrogen development.

Delegates will also benefit from networking functions, case study presentations, and practical workshops designed to accelerate the just energy transition.

“The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future,” says Fanele Mondi, EIUG CEO. “ By bringing together government, industry, and service providers, we aim to foster open dialogue and practical solutions that support competitiveness, sustainability, and resilience.”

For more information, visit EIUG Conference (https://apo-opa.co/4x0Wzwd).

Distributed by APO Group on behalf of VUKA Group.

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Business

JSCCIB Joins Forces with Public Sector and World Bank to Launch “The Bangkok Business Summit 2026: Reinvent Thailand, Resilient ASEAN”

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2 weeks ago

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August 18, 2026

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Bangkok Business Summit

Driving the Thai Economy and Charting New Strategic Pathways for the Future of ASEAN
BANGKOK, THAILAND – Media OutReach Newswire – 18 August 2026 – The Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB), comprising the Thai Bankers’ Association, the Board of Trade of Thailand, and the Federation of Thai Industries, in collaboration with the Ministry of Finance, the Bank of Thailand, the National Economic and Social Development Council (NESDC), and the World Bank, has announced its readiness to convene a high-level leadership conference, ‘The Bangkok Business Summit 2026,’ under the theme ‘Reinvent Thailand, Resilient ASEAN.’

To be held at the Queen Sirikit National Convention Center (QSNCC), the summit will showcase the vision of public-private sector collaboration aimed at restructuring Thailand’s economy. This event serves as a milestone paving the way toward the IMF-World Bank Group Annual Meetings 2026, which Thailand will proudly host in Bangkok in October 2026, as well as Thailand’s upcoming ASEAN Chairmanship in 2028.

A key highlight of The Bangkok Business Summit 2026 includes a keynote address entitled ‘Thailand’s Offer to the World’ by Mr. Anutin Charnvirakul, Prime Minister of Thailand. The address will declare Thailand’s readiness as a global investment hub, shifting the nation from cost-based competition to enhancing capabilities, innovation, and digital infrastructure. Furthermore, Dr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, will deliver a policy address on ‘Unlocking the Next Growth Engines for Thailand & ASEAN,’ revealing policy reform steps designed to unlock private sector investment and drive the country’s new economic engines. Professor Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, will address positioning Thailand as a regional investment platform for high-tech industries.

Mr. Payong Srivanich, Chairman of the Joint Standing Committee on Commerce, Industry, and Banking (JSCCIB), stated that this event aims to answer a critical question: How can Thailand transform global shifts and its central location in ASEAN into new opportunities for investment, job creation, and sustainable growth?

“The Bangkok Business Summit 2026 is not merely a platform for exchanging perspectives, but a venue where Thailand presents its concrete strengths, opportunities, and development directions to the global business community—bridging the government’s vision, recommendations from international organizations, and the practical expertise of the private sector,” Mr. Payong stated.”Thailand’s challenge today is not just growth, but building competitive growth in a rapidly changing world. We need a platform for collaborative efforts to ‘Reinvent Thailand’ by creating new economic engines and elevating our competitiveness so Thailand can capture new opportunities and become an integral part of a ‘Resilient ASEAN’ capable of adapting to global dynamics.”

Key Highlights & Session Overview

Special Keynote: Mr. Vitai Ratanakorn, Governor of the Bank of Thailand, will present on ‘Thailand’s New Horizons: From Ambition to Delivery.’
Global Insights Panel: Featuring in-depth discussions with Mr. Carlos Felipe Jaramillo, World Bank Vice President for East Asia and Pacific, Mr. Sarvesh Suri, Regional Vice President for Asia and Pacific, The International Finance Corporation (IFC), and Mr. John W.H. Denton, Secretary General of the International Chamber of Commerce (ICC) exchanging views on economic trends, investments, and business opportunities.
Report Launch: Launch of the World Bank’s latest report, ‘Building Thailand’s Future Today: The Investment and Growth Playbook.’ The report proposes a roadmap for Thailand to achieve high-income country status through investment and reforms that create jobs, boost productivity, and lay the foundation for long-term growth, highlighting potential industries such as advanced manufacturing, sustainable & wellness tourism, digital services, agriculture & food, and the creative economy.
Luncheon Discussion: Thai Beverage Public Company Limited will host a special session entitled ‘Growth Reaches Communities: Sufficiency Economy Philosophy,’ presenting the Sufficiency Economy Philosophy as a framework that creates balance, strength, and sustainability from local communities to the business sector and macroeconomy.
Afternoon Tracks

Track 1: Building Resilience (Infrastructure, Energy, and Digital Finance): Led by Mr. Piti Disyatat, Deputy Governor for Monetary Stability, Bank of Thailand, in building competitiveness and the ability to attract future industries to the country. The session will include discussions on the topics of ‘Efficient Energy & Low-Carbon Infrastructure’ and ‘Policy Architecture and Low-Carbon Cities in Action’ focusing on investing in key infrastructure that will drive the industrial transition to a low-carbon society, with leaders from various sectors, including the Ministry of Energy, the Ministry of Natural Resources and Environment, PTT Public Company Limited, Gulf Energy Development Public Company Limited, Siam Cement Public Company Limited, Thai Airways Public Company Limited, and Google LLC and the topic of ‘Building Thailand’s Trusted Economy: Digital Public Infrastructure for Inclusive Growth,’ focusing on digital public infrastructure in the financial sector for sustainable growth, and safe and inclusive digital finance, with senior executives from Bangkok Bank, Krungsri Bank, TMBThanachart Bank, and Ascend Money.
Track 2: New Horizons (Future Industries, Agri-Food, and Human-Centric Economy): Led by Professor Dr. Yodchanan Wongsawat, Deputy Prime Minister and Minister of Higher Education, Science, Research and Innovation, focusing on developing high-potential talent within organizations and positioning Thailand as a regional investment platform for high-tech industries, semiconductors, AI infrastructure, and advanced R&D.
Additionally, the Bangkok Business Summit 2026 will feature a panel discussion titled ‘The Future of Agrifood Business.’ Under the concept of Elevating to a Regional Strategic Asset, leaders from top companies including Sea Value PCL and Olam Agri (Singapore) will share their perspectives on how Thailand’s agrifood industry is evolving beyond its traditional role as the ‘Kitchen of the World’ to become a vital strategic asset for regional food security, and another discussion on ‘The Future of the Human-Centric Economy,’ integrating health, wellness, tourism, and the creative economy centered around people rather than isolated sectors. Panelists include Minor International, Bangkok Dusit Medical Services (BDMS), and Cerecin.

Closing & Actions

To conclude the summit, leaders from the three JSCCIB member organizations will summarize actionable proposals to transform insights into concrete practices. These encompass enhancing competitiveness, building investment ecosystems, and developing future industries. The event will culminate in the signing of a Letter of Intent for Cooperation on the Digital & AI Compact between Thailand’s economic agencies and the World Bank.

 

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