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HKIS – Quantity Surveying Division Conference 2025

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“Navigating ‘3Cs Role in QS’ in the New Era: Cost Management, Chance and Collaboration”

HONG KONG SAR – Media OutReach Newswire – 27 September 2025 – The Hong Kong Institute of Surveyors (HKIS) Quantity Surveying Division hosted the HKIS Quantity Surveying Division Conference 2025 (the Conference) today at the CIC-Zero Carbon Park.

This year’s theme, “Navigating ‘3Cs Role in QS’ in the New Era: Cost Management, Chance and Collaboration”, reflects the evolving role of Quantity Surveyors during a time of economic restructuring.

The Conference brought together around 250 participants both in person and online, including government officials, industry leaders, professionals, academics, and young practitioners. Mr. David LAM Chi Man, JP, Under Secretary for Development of the HKSAR Government, attended as the Guest of Honour and delivered a keynote speech.

Quantity Surveyors are trained construction cost consultants with expertise in costs, values, finance, contracts, and legal matters related to the built environment. In today’s rapidly changing market, the roles of Quantity Surveyors have become increasingly vital, extending well beyond cost estimation. Through collaboration and technology adoption, Quantity Surveyors act as trusted advisors who safeguard financial viability, enhance efficiency, and unlock value in project delivery.

Mr. David LAM Chi Man, JP, Under Secretary for Development of the HKSAR Government, said in his keynote speech that the conference, covering issues such as construction cost management, opportunities brought by new mega development and new technologies as well as the power of collaborative contracting, underscored the evolving role of quantity surveyors from traditional cost controllers to innovators, facilitators and collaborators, in shaping the future of the industry. The Government is proactively increasing the investment in public works projects. Mr Lam encouraged quantity surveyors to continue upskilling, embracing new tools, and seizing opportunities to lead the industry forward.

Featuring 18 distinguished speakers from Hong Kong, Mainland China, Singapore and Australia, the Conference aimed to stimulate thought-provoking discussions, providing participants not only technical knowledge but also broader perspectives on how Quantity Surveyors can adapt to global trends and take the lead in meeting local needs.

Sr Robin LEUNG Chi Tim, President of the Hong Kong Institute of Surveyors, noted in his welcome speech, “This year’s theme reflects the dynamic evolution of our profession. Quantity Surveyors today transcend cost management roles; they are already well acquainted with emerging opportunities and actively foster collaboration across sectors. In this era of economic restructuring, their specialised knowledge and expertise are indispensable in driving Hong Kong’s development into a resilient and sustainable city.”

Sr Tim NGAI Chi Hang, Chairman of the HKIS Quantity Surveying Division, said: “Amid economic restructuring, Quantity Surveyors are central to safeguarding cost management while creating value and resilience in projects. Today’s conference serves as both a platform for professional advancement and a reminder of the meaningful impact our profession makes on the built environment. QSD will continue to serve our members by promoting professional excellence and fostering innovation.”

Sr Mandy NG Man Yan, Organising Committee Chair of the Conference stated in her closing remarks, “Today’s programme showcased the many ways Quantity Surveyors can lead in a time of economic restructuring — from AI-driven cost management to opportunities in the Northern Metropolis and collaborative contracting. The discussions offered not only technical insights but also broader inspiration on how our profession can adapt, innovate, and thrive in the new era.”

List of Speakers (in order of presentation delivery)

Keynote Speech by Guest of Honour

  • Mr. David LAM Chi Man, JP, Under Secretary for Development, Development Bureau, HKSARG

Session 1: Effective Cost Management

  • Sr Hon. Tony TSE Wai Chuen, SBS, JP, Member of Legislative Council of the HKSAR (Architectural, Surveying, Planning and Landscape Functional Constituency)
  • Mr. LEI Peng, Vice President, Glodon Company Limited
  • Sr Thomas WONG, Director, Beria Consultants Limited
  • Sr LAM Yen Ling, Managing Director, Rider Levett Bucknall Limited
  • Sr Katherine LEUNG Oi Kwan, Assistant Director (Quantity Surveying), Architectural Services Department, HKSARG
  • Ir Sr Tony ZA Wai Gin, Executive Director, Hip Hing Construction Co., Ltd.

Session 2: Chance of QS in the New Era

  • Mr. Michael FONG Hok Shing, JP, Director of Civil Engineering and Development, HKSARG
  • Mr. Elvis LI, CEO, isBIM Limited
  • Sr Pesire LAU Yuen Man, Deputy Director, Rider Levett Bucknall Limited
  • Sr Gareth CHAN, MHKIS, MAIQS CQS
  • Sr Colin KIN, President, Quantity Surveying Division, Singapore Institute of Surveyors and Valuers
  • Sr Dickey LEE Kwok Wing, Director, LESK Solutions Co., Ltd.

Session 3: Collaboration in QS Duties

  • Sr Stanley CHANG Hon Wah, Hon Secretary, Quantity Surveying Division, Singapore Institute of Surveyors and Valuers
  • Sr Alvis WONG Ka Wai, Director, Rider Levett Bucknall Limited
  • Sr Francis LEUNG Lap Ki, Past President, The Hong Kong Institute of Surveyors
  • Sr Betty LO K.Y., NEC Tutor
  • Prof. Isabelle CHAN Y.S., Associate Head of Department and Director of BSc (Surveying) Programme, Department of Real Estate and Construction, The University of Hong Kong

List of speakers and topics are downloadable here
Conference booklet is downloadable here
High-resolution event photos are downloadable here

Photo Caption:
001 Mr. David LAM, JP, Under Secretary for Development of the HKSAR Government, was invited as the Guest of Honour.

002 Sr Robin LEUNG, President of the Hong Kong Institute of Surveyors, delivered the welcome speech.

003 Sr Tim NGAI, Chairman of the HKIS Quantity Surveying Division, delivered the opening speech.

004 The event received extensive support from the government and industry.
From left to right: Mr. KWAN Wai Ming, Chief Engineer (Energy Efficiency) of Electrical and Mechanical Services Department, HKSARG; Sr Katherine LEUNG, Assistant Director (Quantity Surveying) of Architectural Services Department, HKSARG; Ir Prof. Thomas HO, Chairman of the Construction Industry Council; Sr Tim NGAI, Chairman of the HKIS Quantity Surveying Division; Sr Hon Tony TSE, SBS, JP, Legislative Council Member (Architectural, Surveying, Planning and Landscape Functional Constituency), HKSARG; Mr. David LAM, JP, Under Secretary for Development; Sr Robin LEUNG, President of HKIS; Sr Mandy NG, Organising Committee Chair of the HKIS QSD Conference 2025; Mr. Kelvin NG, Acting Deputy Director of Highways Department, HKSARG; and Ms. Grace LEE, Chief Quantity Surveyor of Housing Department, HKSARG.

005 Sr Mandy NG, Organising Committee Chair of the HKIS Quantity Surveying Division Conference 2025 delivered closing remarks.

006 The Conference gathered over 250 industry professionals, participating in person and online.
Hashtag: #HKIS #QS #HKIS-QSD #CostControl #CostManagement




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The Hong Kong Institute of Surveyors

Established in 1984, The Hong Kong Institute of Surveyors (HKIS) is the only surveying professional body incorporated by ordinance in Hong Kong. As of 25 July 2025, the number of members reached 11,169, of which 8,119 were corporate members. HKIS work includes setting standards for professional services and performance, establishing codes of ethics, determining requirements for admission as professional surveyors, and encouraging members to upgrade skills through continuing professional development.

The Institute has an important consultative role in government policy making and on issues affecting the profession. We have advised the government on issues such as building safety and unauthorised building works, problems of property management, town planning and development strategies, construction costs and housing problems. We have also issued guidance notes on floor area measurement, real estates valuation and land boundary survey, etc.

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

The issuer is solely responsible for the content of this announcement.

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

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HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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