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1. Veteran politician Jeffrey Lam to lead Hung Shui Kiu industrial park operator

   The Hong Kong government has appointed veteran politician Jeffrey Lam Kin-fung to chair the board of directors of the Hung Shui Kiu Industry Park Company – the first entity established to accelerate the development of the Northern Metropolis project. The Development Bureau said on Friday that the board of directors comprises five bureau chiefs and five non-official members, tasked with...

2. Malaysia’s EV import curbs to protect local car sector criticised for inconsistency

   Malaysia’s nascent electric vehicle market may be decimated before it gets up to speed, as business experts warn of a sharp drop in demand and delay in the renewable energy transition if the government imposes strict price curbs on imported units from July, in a move to protect the country’s vehicle makers. The ministry of investment, trade and industry (Miti) on Wednesday announced that from...

3. Why are China’s coastal fish farms disappearing while India’s are expanding?

   China’s coastal aquaculture ponds are shrinking due to environmental policies while India’s are expanding at the fastest rate of any country, according to a new bird’s-eye view of fish farms worldwide. The conclusions are based on a fresh dataset compiled from millions of satellite snapshots of coastal aquaculture around the world in 2022. From 1990 to 2016, the global pond area for aquaculture...

4. Trump’s Beijing trip, Iran war diplomacy, tech earnings

   US President Donald Trump will bring a scaled-back group of chief executive officers with him on a trip to Beijing next week, reflecting limited expectations for a summit that may be overshadowed by the war on Iran. The White House considered inviting about a dozen business leaders on the May 14-15 trip, compared with the 29 high-profile executives on Trump’s last visit in 2017, Reuters said,...

5. Australian remanded on fresh eat-and-run charges in Hong Kong a day after being fined

   An Australian man has been remanded in custody and hit with fresh charges in Hong Kong for fleeing restaurants without paying more than HK$2,000 (US$255) in bills, just a day after being fined for similar offences. Samuel Anthony Monkivitch, 50, was detained soon after pleading guilty at Eastern Court on Thursday to three charges – two of failing to pay HK$1,200 in bills at a restaurant and a...

6. New database tracks shifting outcomes of Malaysia’s political corruption cases

   An AI-powered database tracking corruption cases against Malaysia’s politicians was independently launched on Friday, putting fresh scrutiny on the status and outcomes of the country’s biggest graft prosecutions across administrations. The Prosecutorial Accountability Watch (PAW), built by civil society group Projek SAMA and hosted with news outlet Malaysiakini, tracks 33 high-profile cases...

7. Trump invites Boeing, Mastercard CEOs to join China trip next week: sources

   The administration of US President Donald Trump is inviting American CEOs from Boeing, Mastercard, Citigroup and other major corporations to join his delegation to China next week, according to multiple sources. Trump is visiting China on May 14 and 15 after his scheduled visit for March 31 was postponed following the US-Israeli strikes on Iran. Boeing, Mastercard and Citigroup declined to...

8. Prepare for ‘China shock 3.0’ to the global food economy

   Even as “China shock 2.0” is roiling Western manufacturers, we must, it seems, brace for “China shock 3.0” – to the global food economy – as President Xi Jinping doubles down on the imperative that has obsessed Beijing for decades: food security. “China’s Food Future”, a consultation paper by Systemiq funded by the California-based Gordon and Betty Moore Foundation, warns that China is poised to...

9. Fate of China’s ex-defence heads shows party won’t allow disloyalty: state media

   The tough sentences handed to former defence ministers Wei Fenghe and Li Shangfu showed that Beijing had no tolerance for people with divided loyalties, the Chinese military’s official newspaper said on Friday. The PLA Daily commentary marks the first time an official outlet has accused Li of being disloyal. “The military wields the gun and there must be no one who harbours disloyalty to the...

10. Hong Kong-based mediation body resolves international maritime dispute

    A new intergovernmental mediation body headquartered in Hong Kong has resolved a maritime dispute between parties from mainland China and Singapore this month, as more states have joined the organisation since its launch last year. Teresa Cheng Yeuk-wah, secretary general of the International Organisation for Mediation (IOMed), revealed the achievement on Friday at a summit, where senior...