Jewelled geckos are native to the southeast of the South Island and are generally a striking bright green with diamond-shaped patches or stripes although in some populations the males are grey or brown. Their bodies grow up to 8 cm in length, but their tail doubles their length. Their New Zealand threat classification is “At Risk, Declining”. If you’re out naturing in forests or shrublands in places like Canterbury, Otago or Southland, you might be fortunate to see one.
DOC’s Wildlife Crime Team Leader Dylan Swain says a group of 14 jewelled geckos were discovered by Dutch wildlife authorities as part of Operation Thunder in 2023. Operation Thunder is an international operation, involving several government organisations and Interpol, which focusses on the illegal trade in protected wildlife.
“Jewelled geckos have never legally been exported from New Zealand,” Dylan says.
“It’s likely the geckos found by our Dutch counterparts were in fact smuggled out of New Zealand or are the offspring of such animals.”
Dutch authorities are continuing investigations into the person who was found with the geckos.
The six geckos returned to New Zealand comprise two males and four females.
They were returned to New Zealand in International Air Travel Association‑compliant individual containers with small ventilation holes and kept at a consistent temperature throughout their journey.
All geckos will receive close care and attention, and the entire group will spend a minimum of 60 days in quarantine as part of their return process.
Although some of the original group of animals have since died, DOC has worked closely with at The Netherlands NVWA (Dutch Food and Consumer Product Safety Authority), United for Wildlife (part of the Royal Foundation) and Korean Air to safely return the geckos all the way from Netherlands to New Zealand via Korea.
A Dutch inspector accompanied the geckos on their repatriation journey.
“We are delighted to be able to bring a small group of six of the geckos back to New Zealand,” Dylan says. “They’ll spend a quarantine period at Wellington Zoo before they’re shifted to a new permanent home.”
NVWA spokesperson Lex Benden says: “We are pleased our investigation has contributed to the geckos now being back where they belong.”
Dutch authorities are collaborating with DOC to share information on this matter and the wider trade in geckos across Europe.
NATURE LOOKS DIFFERENT FROM HERE
Nature isn’t scenery. Nature is a society that we rely on for everything, every day. It’s behind our identity and our way of life.
Police acknowledge the Independent Police Conduct Authority’s findings into an incident in 2023 where a man self-harmed while in Police custody.
The incident occurred on 6 October 2023 at the Auckland District Custody Unit, after a man in custody was found unconscious and unresponsive.
He was taken to Auckland Hospital and died three days later, as a result of suspected self-harm.
The IPCA’s investigation found there were Police failings in the care of the man.
The day before, Police had arrested the man in relation to a stabbing at an Auckland dairy.
He was taken to the Auckland District Custody Unit where he attempted to flee but was detained by staff.
The man was subsequently placed into a restraining chair due to his erratic behaviour, and a short time later an ambulance was called and the man was taken to hospital under sedation.
Later that day the man was discharged from hospital and returned to the custody unit.
The Authority’s report found the use of a restraint chair was justified, but that it was unreasonable to have him handcuffed.
After being returned to the custody unit, a Police doctor carried out a medical observation and advised the man could be placed on ‘frequent’ monitoring, which required him to be checked five times an hour.
Custody staff recorded that they completed 80 checks on the man overnight and a further 30 checks on him in the morning.
The IPCA noted that some of the checks were inconsistent with policy as the officer did not go to the cell.
At about 10.54am that day, an officer went to check on the man and found him unresponsive.
First aid was commenced, and he was transported to hospital where he died three days later.
Auckland City District Commander, Superintendent Sunny Patel, says Police acknowledge the Authority’s findings in this case.
“A critical incident investigation was commenced as well as a review into the prisoner checking system.
“As a result, Police have implemented several learnings including updating the national People in Police Custody Policy.”
“We would also like to again extend our condolences to the man’s family and friends.”
Three people are due in court today following a shooting incident in Te Kauwhata, north of Huntly.
Police received a call shortly before 7am on Saturday 21 February reporting that a man had presented at Waikato Hospital with a gunshot wound.
It was determined the man had been injured in Te Kauwhata, and Police attended the address to make further enquiries.
At the address, Police located and seized a firearm and ammunition, and two women and one man were arrested.
Both women, aged 27 and 59, are due to appear in Huntly District Court today, charged with two counts of unlawfully possessing a firearm, and wounding with intent to cause grievous bodily harm.
The man, aged 56, is due to appear in Hamilton District Court on 20 March, charged with unlawfully possessing a firearm, and wounding with intent to cause grievous bodily harm.
Detective Sergeant Rahul Badri, of Waikato West CIB, says this is a good outcome for the victim and the Te Kauwhata community.
“Not only am I pleased to be able to hold these offenders to account – I am also happy to have removed a firearm from circulation in the community.
“I commend the Police staff for their quick actions, which was essential to making these arrests,” says Detective Sergeant Badri.
Police continue to support those affected by the incident and reassure the community that there is no ongoing risk.
Innovative Kiwi drones will be trialled by the New Zealand Defence Force (NZDF) to strengthen capability while growing local industry, Defence Minister Judith Collins announced today.
“We’re partnering with New Zealand businesses to ensure the Defence Force can protect our people into the future,” Ms Collins says.
“NZDF will buy and trial advanced uncrewed systems from New Zealand company Syos Aerospace, enabling access to mission-ready, combat proven technology.
“We’re further backing Kiwi businesses by bringing together Sysdoc for training support and Hirtenberger Defence Technology for advanced systems support.”
“This will inform future capability decisions on a technology that has rapidly become central to modern military operations.
Delivery of air, land, and sea drones will occur over the coming months, including the SG400 Uncrewed Ground Vehicle, the SM300 Uncrewed Surface Vessel, the SA2 ISR drone and the SA7 one way effector drone.
The Army and Navy will conduct trials in a range of scenarios, such as transporting supplies, performing maritime patrols, and completing route reconnaissance.
“Last year we announced our Defence Industry Strategy, which details how Defence and industry will work together to deliver the Defence Capability Plan while building a strong, resilient industry that delivers economic growth and grows our export markets,” Ms Collins says.
“Having cutting-edge drone technology developed and supported by local businesses will reduce supply chain risk and strengthen our resilience – exactly what the strategy is designed for.
“In an increasingly contested world, we’re building the future by equipping our Defence Force with innovative Kiwi products to keep our people safe.”
Notes to editor:
Syos Aerospace: Founded four years ago in Mount Maunganui and now a world-recognised innovator in uncrewed systems, Syos won the 2025 NZ Hi-Tech Company of the Year award. By partnering with Syos, the NZDF is plugging into a fast-moving technology company whose products are combat tested. For instance, Syos drones and USVs have already seen operational use in the conflict in Ukraine
Sysdoc: A New Zealand consulting firm specialising in learning development and digital training solutions. Sysdoc has a long track record with the NZDF (15+ years, 100+ projects) in modernising training and documentation. Sysdoc will design learning and training materials for the new systems.
Hirtenberger Defence Technology (HDT) Ltd: This company is known for things like advanced fire control systems, including mortar targeting software. The NZDF is exploring integration of the new drones with Hirtenberger’s Arcfire, a Fire Control System, designed and built in New Zealand, and the NZDF battle management system.
A temporary bridge is expected to be in place on State Highway 39 by mid‑March, reconnecting the community south of Pirongia after the Mangati Bridge was destroyed in heavy floods, Transport Minister Chris Bishop says.
“Since the floods on 13 February, NZ Transport Agency (NZTA) , its contractors and consultants have moved at pace to restore access for south of Pirongia.
“A plan is now in place to install a 40‑metre steel‑framed temporary bridge slightly upstream of the existing two‑lane bridge. The bridge will have a 50‑tonne weight limit, with traffic managed by temporary traffic lights.
“Crews have already cleared tonnes of debris from the site, allowing specialist teams to begin work on both the temporary bridge and the permanent replacement. Council partners and landowners have recognised the urgency of this work and supported it every step of the way.
“We expect the Acrow (Bailey‑style) temporary bridge to be operational by mid‑March, subject to fine weather. The approaches are currently under construction, and assembly of the bridge on site is expected to take around four days.
“Work is also underway on accelerated design and procurement so construction of the new permanent two‑lane bridge can begin later this year.
“Restoring access safely and as quickly as possible is the priority, and I want to thank everyone involved for the extraordinary effort to reconnect this community.”
Notes to editor:
Two pictures are attached of the Mangati Bridge damage.
The Government is investing $200,000 in the Waimate Trail as part of its ongoing commitment to grow local tourism, Tourism and Hospitality Minister Louise Upston announced today.
“I’m thrilled to be partnering locally and investing in this trail that showcases the unique South Canterbury countryside. It will attract more visitors to the region, supporting local businesses, jobs and communities,” Louise Upston says.
This funding will complete stage one of the trail, a 13km stretch from Waimate to Waihao Forks and is part of the Government’s $70 million Major Events and Tourism Package.
The local community has already raised around 80 per cent of the funding needed to complete stage one of the 67km trail, which traverses limestone rock formations, native forest, and scenic valleys.
“This trail will be popular with both locals and tourists celebrating South Canterbury’s rich history and stunning landscapes.
“By backing local projects and encouraging tourism in the regions, we’re continuing to drive economic growth,” Louise Upston says.
Notes to Editors
Once complete the Waimate Trail – Te Ara Waimatemate will be a 67 km loop trail that links with existing track networks.
Work has started on the cycle trail and stage one between Waimate and Waihao Forks is expected to be completed in late April/May
Seven people were successfully rescued from the Waikato River last night, after Police received reports of several people struggling in the water.
Around 7.20pm, Police were alerted to a group of four men who had decided to float from the control gates down to Hipapatua Reserve, otherwise known as Reids Farm.
The men only had basic inflatables and no life jackets.
Towards the end of the route, the group lost buoyancy, began to panic, and were heard calling for help.
Three people from a nearby tour group jumped into the river to assist the men, despite not having any flotation devices themselves.
Police arrived and were able to communicate with the now seven people in distress and contacted the Coastguard and Harbourmaster.
Using a jetboat and a jetski, Police, Coastguard and the Harbourmaster were able to rescue the seven people, who were hanging onto a tree.
Senior Constable of Taupō Police Barry Shepherd says the incident could have had a far more serious outcome.
“We want people to have fun and enjoy the outdoors but there’s a safe way to do it.
“While its admirable that people tried to help, we don’t want any dead heroes.”
The involved agencies responded quickly and were able to bring all seven people to safety by 8pm.
“I commend the Coastguard, Harbourmaster and my Police colleagues, whose quick thinking and coordinated response ensured these seven people were safely rescued.
This situation could have been drastically worse, and their actions prevented a potential tragedy.”
Police remind the public that for any water related emergency, always call 111 immediately.
Police are making enquiries into a sudden death in Taupaki on Wednesday night.
At around 9pm, Police attended the incident on a shared driveway off Nixon Road.
Detective Senior Sergeant Megan Goldie, of Waitematā CIB, says: “A man aged in his 50s had been riding his motorbike prior to being located deceased.
“On arrival the man was located deceased next to his motorbike.
“While there are no suspicious circumstances, Police will make further enquiries to establish how the man has died and whether he had been involved in a crash.”
A post mortem examination will be carried out as part of these enquiries.
Our thoughts are with the man’s family at this time.
HONG KONG SAR – Media OutReach Newswire – 25 February 2026 – International Entertainment Corporation (the “Company“, together with its subsidiaries, the “Group“; HKEX stock code: 1009), is pleased to announce that its revenue for the six months ended 31 December 2025 (the “Period“) recorded a significant period-on-period increase of 71.5% to approximately HK$458.9 million. This notable growth was primarily driven by a rise in land-based casino revenue and increased commission income resulting from provision of gaming platform to other authorised gaming operators for gaming business during the Period.
Meanwhile, the Group reported gross profit of approximately HK$245.0 million, representing a remarkable increase of 169.4% as compared with approximately HK$90.9 million in the six months ended 31 December 2024 (the “PreviousPeriod“). Gross profit margin for the Period was approximately 53.4%, up 19.4 percentage points from approximately 34.0% for the Previous Period, mainly due to the increase in commission income with higher gross profit margin. The Group narrowed its loss by 9.7% to approximately HK$85.8 million during the Period (Previous Period: loss of approximately HK$95.0 million).
Future Outlook
The Group remains optimistic about the long-term prospects of the Philippine gaming and tourism industries, underpinned by its advantageous geographical position in Southeast Asia and growing popularity as a premier travel destination.
The Group commenced a renovation initiative in the previous financial year. An operational milestone was reached in January 2026 with the completion of renovation works on the casino’s ground floor. This project successfully expanded the gaming space, increasing the number of gaming tables from 99 to 116 tables as well as increasing the number of slot machines and electronic gaming machines from 517 to 664 machines by the end of January 2026. With further facility upgrades scheduled for completion, the Group anticipates a grand reopening of the hotel in July 2026. These enhancements are designed to elevate the overall guest experience, thereby driving higher occupancy rates and fostering sustained revenue growth across both gaming and hospitality segments in the long term.
Separately, the Group entered into a Subscription Agreement on 17 November 2025 with DigiPlus Interactive Corp., a leader in the Philippine casino and gaming sector as well as a Fortune Southeast Asia 500 company. Subject to approval at the extraordinary general meeting on 26 February 2026, the Group will issue up to HK$1.6 billion convertible notes with a maturity of five years and an interest rate of 3% per annum, which is expected to significantly bolster the Group’s liquidity and long-term financial position.
Part of the net proceeds will be used to fund the Group’s Investment Commitment, which currently includes capital investments for acquisition of land for the expansion of its integrated resort in Manila City and the construction of additional hotel rooms, for provision of other amenities of the integrated resort, and for ongoing upgrades, refurbishments and renovations to the facilities and infrastructures of both the hotel and the casino.
With the above initiatives in place, the Group is strategically positioned to navigate the evolving Philippine gaming and tourism landscape, leveraging its bolstered capital, expanded gaming capacity, and enhanced hotel facilities to capitalize on emerging business opportunities and create greater sustainable, long-term value for its shareholders.
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 25 February 2026 – Paul Chan, Financial Secretary of the Hong Kong SAR Government, delivered his 2026-27 Budget today (February 25), with a range of initiatives to support and diversify Hong Kong’s economic growth, boost innovation and technology (I&T), speed up development of the Northern Metropolis and proactively align with China’s National 15th Five-Year Plan.
The theme of the 2026-27 Budget, the fourth Budget of the current-term Government, is “Driving High-quality, Inclusive Growth with Innovation and Finance”.
Hong Kong SAR’s Financial Secretary, Paul Chan, delivers the 2026-27 Budget today (February 25)
“Over the past year, as a result of the booming economy and capital market, our tax revenue has increased. Coupled with the reinforced fiscal consolidation programme gradually bearing fruit, our public finances have improved sooner than expected,” Mr Chan said.
The Financial Secretary revealed that Hong Kong’s Consolidated Account was expected to register a surplus of $2.9 billion in the current fiscal year, instead of a deficit of about $67 billion as originally estimated. The Operating Account for 2025-26, which was originally estimated to record a deficit of about $3 billion, will register a surplus of $51.3 billion, he said.
It was also confirmed that Hong Kong’s economy expanded by 3.5% in 2025, with growth forecast to be between 2.5% and 3.5% for 2026.
Mr Chan noted that this year marks the beginning of the National 15th Five-Year Plan, and he stressed the need for Hong Kong to actively align with the Plan.
“Our country’s sustained high-standard two-way opening-up, coupled with scientific and technological innovation, have presented us with new opportunities,” he said. “We must embrace the 15th Five-Year Plan with an innovative mindset, fostering new quality productive forces in accordance with local conditions.”
Mr Chan set out a series of measures to drive I&T development, including establishing the Committee on AI+ and Industry Development Strategy; taking forward the Sandy Ridge data facility cluster project; promoting AI training; and accelerating digital intelligence transformation of the Government.
“We are pressing ahead with the industrialisation of AI and deepening its integration across various industries, while encouraging wider AI application, thereby achieving the target of adoption and utilisation by all,” he said.
The International Clinical Trial Academy will, he said, also be established to help enable the Chinese Mainland’s biomedicine technology to go global, attract foreign investment, and help develop Hong Kong into an international health and medical innovation hub.
To facilitate the development of new industrialisation, the Budget has earmarked resources for establishing in Hong Kong the first national manufacturing innovation centre outside the Mainland, and the New Industrialisation Elite Enterprises Nurturing Scheme will be launched.
The Government will promote the full integration of technological innovation and industrial innovation through key infrastructure, including the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone, and the San Tin Technopole in the Northern Metropolis.
To support financial services, Hong Kong will proactively align with national development strategies, advance the internationalisation of the Renminbi, and continuously reform the securities market.
The Government will legislate this year to enhance tax regimes for family offices and funds, as well as establish licensing regimes for digital asset dealing and custodian service providers.
“Despite the complex and ever-changing external environment, Hong Kong’s financial market has performed strongly and our financial system remains robust,” Mr Chan said. “We will continue to consolidate our existing strengths, tap into emerging fields, strengthen market systems and risk control and deepen financial co-operation in the GBA (Guangdong-Hong Kong-Macao Greater Bay Area).”
Noting that Hong Kong saw a year-on-year 12 per cent increase in visitor arrivals last year, which had created business and job opportunities for related sectors, the Budget will allocate $1.66 billion (US$212 million) to the Hong Kong Tourism Board (HKTB).
“The HKTB will scale up its flagship events and promotion, introducing new elements and extending event duration, and organise more signature festive events to highlight Hong Kong’s East-meets-West uniqueness,” Mr Chan said.
The Budget also earmarks an additional funding of $1 billion (US$128 million) for the Built Heritage Conservation Fund to enrich city culture. Elsewhere, the Government will launch the Northern Metropolis Urban-rural Integration Fund as a pilot scheme to support rural tourism projects.
To further promote sports development in Hong Kong, the Financial Secretary will inject $1.2 billion (US$154 million) to the sports portion of the Arts and Sports Development Fund.
Mr Chan said that the global environment has remained volatile over the past year, and Hong Kong has continued to undergo economic transformation.
“Technological innovation, in particular the development of AI, has brought us a mix of opportunities and challenges. Yet, Hong Kong has always thrived amid changes and progressed through innovation. We must make full use of our strengths and leverage the resolute support of our country to speed up and scale up our economic development sustainably for creating better development opportunities for the people and enhancing their quality of life,” Mr Chan said.
For more details on the 2026-27 Budget, click here.
HONG KONG SAR – Media OutReach Newswire – 25 February 2026 – Response to the Budget 2026/2027 by KK Chiu, International Director, Chief Executive, Greater China,Cushman & Wakefield:
Enhancing Implementation Efficiency in the Northern Metropolis through Anchor Institutions and Clear Role Definition
In the Budget, the Government mentioned that it will further encourage developers holding land in the Northern Metropolis to collaborate with technology or advanced manufacturing enterprises in submitting joint development proposals. At C&W, we believe that introducing a public–private partnership model can enhance execution efficiency and help alleviate fiscal pressure, thereby accelerating the implementation of the Northern Metropolis development while leveraging market efficiency and innovation capabilities. However, the key lies in how clearly the Government defines public and commercial roles, and ensures transparency in long-term industry objectives, land use and return allocation, in order to attract private sector participation. Subject to clear planning, phased implementation and prudent regulation, the PPP model can become an important tool in advancing the industrialisation of the Northern Metropolis.
As noted in our earlier research, the Government may consider securing strategic “anchor institutions” and avoiding blurred industrial positioning across different precincts, so as to establish clear district identities and enhance overall attractiveness. We hope the Government will announce details of university and technology industry participation as soon as possible to strengthen developers’ confidence in advancing projects within the district. At the same time, we welcome the Government’s adoption of our earlier recommendation to introduce flexible arrangements for land premium payment in the Northern Metropolis. This will help alleviate cash flow pressures for enterprises undertaking land development, and enhance the feasibility and pace of public–private partnerships and industry introduction initiatives.
Suggest to LeverageMPF Assets to Broaden Financing Channels for the Northern Metropolis
We support the Government’s proposal to increase the borrowing ceiling of the two bond programmes to HK$900 billion to finance the development of the Northern Metropolis, and to issue more longer-term bonds to better align with cash flow requirements and capital deployment for infrastructure works. Beyond direct bond issuance, we suggest that, from a broader asset allocation perspective, the Government could make better use of the sizeable Mandatory Provident Fund (MPF) asset pool. According to MPFA data, total MPF assets reached approximately HK$1.55 trillion as at end-December 2025, a record high. The Government may consider moderately relaxing MPF investment restrictions to allow a certain proportion of assets (for example, 10%) to be invested in long-term bonds issued for Northern Metropolis development. This would provide a stable source of funding for the Northern Metropolis while offering MPF members an additional investment option with relatively lower risk and stable returns, creating a win-win outcome.
Land and Housing Supply
The land sale programme for the coming year, together with the projected supply of first-hand private residential units in the next three to four years, indicates that land and housing supply is stabilising. We recommend that the Government streamline tender conditions and release sites to the market in an orderly manner to attract broader developer participation and revitalise market sentiment.
Suggestto Assist “Basic Housing Unit” Residents with Rehousing
The regulatory regime for “Basic Housing Units” is expected to take effect on 1 March this year, with a 48-month transitional period. Some units may fail to meet the new requirements, potentially resulting in tenant displacement. In addition, there are approximately 27,000 units in public rental housing estates aged over 50 years, creating significant rehousing pressure. We consider that the urban renewal strategy should be flexible and financially sustainable. The Government should establish clear rehousing priorities and allocate units reasonably among affected residents, tenants of old estates and applicants on the waiting list.
Under the Urban Renewal Authority’s prevailing acquisition approach, compensation based on prices comparable to first-hand residential properties (including owner-occupier allowances) has imposed substantial financial pressure. We therefore recommend further optimisation of the “flat-for-flat” mechanism to alleviate cash compensation burdens. Specifically, the Government could explore allocating land in new development areas, such as Tseung Kwan O, to the Urban Renewal Authority or related bodies for non-local rehousing under the “flat-for-flat” arrangement. While the current “seven-year-old flat” compensation benchmark has its basis, the Government may also consider offering more attractive exchange terms to older building owners as an incentive to expedite relocation and redevelopment progress.
We believe that such measures would not only reduce the substantial upfront cash outlay at the initial stage of redevelopment and ease liquidity pressure on the Urban Renewal Authority but also enable capital recycling upon project completion and sale, thereby establishing a financially sustainable urban renewal model with a virtuous funding cycle.
Response to the Budget 2026/2027 by John Siu, Managing Director, Hong Kong, Cushman & Wakefield:
Collaboration between the Hong Kong Investment Corporation and Market Capital to Support Quality Commercial Property Development
We agree with the Government’s decision, having regard to prevailing market supply and demand conditions, to continue refraining from the sale of commercial sites in the coming year. As at the end of the fourth quarter last year, the overall availability rate of Grade A offices in Hong Kong stood at approximately 20.3%. The temporary suspension of commercial land sales will allow the market to gradually absorb existing vacant floor space and help stabilise the office market. Nevertheless, the Government should review market conditions regularly and resume the sale of commercial sites in a timely manner when appropriate.
Regarding collaboration between the Hong Kong Investment Corporation and market capital to guide funds towards quality commercial property projects aligned with Hong Kong’s industry positioning, and to facilitate matching between such projects and enterprises in target sectors, we consider the overall direction to be positive and consistent with market-oriented principles. This approach can enhance the efficiency of matching projects with enterprises, provide more suitable premises for emerging industries such as innovation and technology and medical research, and inject new demand into the commercial property sector.
Sandy Ridge data facility cluster to enhance Hong Kong’s data hub position
The Government has accelerated efforts to promote the industrialisation of artificial intelligence (AI), encouraging its wider adoption and deeper integration across industries. Over the longer term, this will substantially increase demand for computing power, thereby strengthening local absorption capacity for high-specification data centre facilities.
Regarding the proposed data facility cluster at Sandy Ridge, which will provide over 2.5 million square feet of gross floor area, this represents approximately 25% of Hong Kong’s existing data centre stock of around 10 million square feet, marking a rare large-scale supply in recent years. Should the project be successfully tendered, it will provide the high-power capacity and infrastructure necessary to support AI development, and in the longer term enhance Hong Kong’s position as a data hub within the Greater Bay Area and across Asia.
Strengthening Hong Kong’s Position as an International Maritime Hub and Responding Flexibly to Logistics Land Needs
The Government has proposed supporting the national maritime strategic development, advancing the elevation of Hong Kong’s status as an international maritime centre, and accelerating the smart transformation of the logistics industry as well as the expansion of cargo hinterland. The reservation of approximately 32 hectares of land in the Hung Shui Kiu/Ha Tsuen New Development Area for the development of a modern logistics hub will further help consolidate Hong Kong’s role as an international maritime centre. However, we consider that in developing a modern logistics industry park, the Government should adopt a market-oriented, enterprise-centred approach, in order to respond flexibly to the needs of businesses and offer appropriate incentives to attract enterprise participation.
Diversified Policies and Continuous Investment to Energise Retail Consumption and Leasing Market
We welcome the Government’s introduction of diversified initiatives and continued funding to promote Hong Kong’s exhibition industry, incentive travel, revitalisation of historic buildings, international cruise development, major sports events, harbourfront enhancement works and the “urban-rural integration” initiatives. Through these targeted and wide-ranging programmes, Hong Kong will be able to attract visitors of different segments and spending power, broaden its visitor base and enhance the overall competitiveness of the tourism industry. We believe these measures will drive the development of high value-added economic activities, further stimulate local retail consumption and invigorate the shop leasing market, thereby injecting additional momentum into the overall economy and delivering long-term benefits.
We remain optimistic about the medium- to long-term outlook for retail rents in Hong Kong. As the relevant policies are progressively implemented and tourism continues to strengthen, we expect retail rents to show more positive adjustments.
Response to the Budget 2026/2027 by Rosanna Tang,Executive Director,Head of Research,Hong Kong of Cushman&Wakefield:
Optimising Land Resources to Promote Student Hostel Development
With the implementation of various talent admission schemes, the planning of the Northern Metropolis University Town, and policies aimed at attracting outstanding students from around the world to study in Hong Kong, demand for residential accommodation and student hostels is expected to continue rising.
The Development Bureau earlier announced the rezoning of three commercial sites in Kai Tak, Siu Lek Yuen in Sha Tin and Tung Chung East for post-secondary student hostel use, which are expected to provide around 4,500 hostel places. The further implementation of relevant measures in this Budget will help alleviate the shortage of hostel places and, in the longer term, ease rental pressure in the residential market, supporting the healthy development of the property market.
However, as student hostel projects are not permitted for strata-title sale and typically involve a longer payback period, we recommend that the Government provide appropriate incentives in the land sale conditions. For example, priority could be given to sites located near post-secondary institutions, and greater flexibility could be offered in land premium arrangements or tender terms to encourage active participation by developers.
Northern Metropolis University Town
Regarding development of Northern Metropolis University Town, the Government has demonstrated its commitment to expediting the development of higher education and advancing the “Study in Hong Kong” initiative by granting three sites in the Hung Shui Kiu/Ha Tsuen New Development Area and earmarking HK$10 billion in loans to support campus construction. This will help further enhance Hong Kong’s overall attractiveness as a regional education hub.
We hope that, as student intake and campus sites are introduced into Hung Shui Kiu/Ha Tsuen, they will be closely aligned with the district’s industry positioning and functional roles, generating synergy. At the same time, a clear division of roles and complementary development should be established with future education sites to be launched in Ngau Tam Mei.
Response to the Budget 2026/2027 by Tom Ko, Executive Director, Head of Capital Markets, Hong Kong of Cushman & Wakefield:
Adjustments to Investment Immigration Policy to Draw Global Capital
We support the Government’s continued efforts to strengthen talent admission from both Mainland and overseas markets. However, this year’s Budget did not set out concrete measures to assist incoming talent in acquiring properties in Hong Kong. We recommend a calibrated adjustment of the investment threshold and an expansion of the categories of qualifying investment properties. Instead of restricting investment solely to non-residential assets, the Government could consider prudently incorporating selected residential properties into the scope.
At the same time, we propose a review of the banking and mortgage restrictions applied to non-local investors, with a view to enhancing flexibility in capital deployment and circulation. These refinements would help attract additional international capital and high‑calibre talent to establish a long‑term presence in Hong Kong.
Prudent Adjustment of Stamp Duty on Luxury Residential Properties
Regarding the Government’s increase in stamp duty on residential property transactions exceeding HK$100 million, and in line with the “affordable users pay” principle, we consider the adjustment to remain at a rational level. Nevertheless, in the short term, it may lead some potential buyers to defer their purchasing decisions. We believe that once the market has adjusted, transaction momentum in the luxury residential segment should remain resilient. We would encourage the Government to continue exercising prudence in adjusting stamp duty rates on luxury properties, so as not to undermine the overall attractiveness of Hong Kong’s property market.
Hashtag: #Cushman&Wakefield
The issuer is solely responsible for the content of this announcement.
MILAN, ITALY – Media OutReach Newswire – 25 February 2026 – From February 7 to 23, 2026, during the Milan-Cortina Winter Olympic Games, Mengniu Group, as a Worldwide Olympic Partner (TOP), has introduced three specially crafted dairy products—pure milk, yogurt, and butter—into the Milan Olympic Village. These products provide high-quality nutritional support to athletes, coaches, and staff from around the world. This marks the first time China’s dairy industry has served an overseas Winter Olympic Games. Mengniu is the only Chinese dairy enterprise supplying products for this Winter Games, once again demonstrating its world-class product quality and its strong capability to lead China’s dairy industry onto the global stage.
The second “China Night” event, hosted by Mengniu Group and guided by the Chinese Olympic Committee, was held in Milan
Notably, during the Milan-Cortina Winter Olympic Games, the second “China Night” event, hosted by Mengniu Group and guided by the Chinese Olympic Committee, was held on the evening of February 7 in Milan. The event, themed “China Night, Light of the Five Rings,” aimed to unite Chinese sports culture, promote the Olympic spirit, and foster international cultural exchange and mutual learning. Speeches were delivered by International Olympic Committee (IOC) President Coventry, Chinese Olympic Committee Deputy Secretary-General and Director of Market Development Yu Jianyong, and Mengniu Group President Gao Fei. Attendees included IOC Executive Board Member and Chinese Olympic Committee Vice President Li Lingwei, IOC Member Zhang Hong, Asian Olympic Council Athletes’ Commission Chair Ding Ning, TCL Technology CEO Wang Cheng, Alibaba Olympic Marketing Department General Manager Xie Long, as well as representatives from sports, culture, business, and media sectors.
“‘China Night’ has become a bridge for promoting sports and cultural exchange, which is the essence of the Olympic Games: bringing people together and building mutual understanding,” said Bach in his speech. Coventry added that her 2025 visit to Mengniu deeply impressed her with their shared values. Looking ahead, he expressed his commitment to continue partnering with Mengniu to advocate the Olympic spirit through healthy products, sustainable development, and a passion for sports and culture, and he looks forward to the next “China Night” event at the Los Angeles Olympics.
Mengniu Group President Gao Fei stated that sports and milk are natural allies. Mengniu’s corporate spirit of “Born to Excel” resonates perfectly with the Olympic motto “Faster, Higher, Stronger—Together.” Mengniu aims not only to bring healthy, nutritious products to the Olympic arena but also to extend its corporate responsibility and commitment worldwide, further promoting the Olympic spirit.
As the world’s first dairy TOP partner, Mengniu leverages its solid product strength and outstanding quality to provide comprehensive nutritional support for the Olympics. At the Milan Olympic Village, Mengniu Group offers three dairy products—milk, yogurt, and butter—ensuring high-quality nutrition for athletes, coaches, and staff from around the globe.
Mengniu’s three products (whole milk, lactose-free simple yogurt, butter) serving the Milan-Cortina Winter Olympic Games
Mengniu has supplied three products to the Olympic Village: whole milk, lactose-free simple yogurt, and butter. These three complementary dairy categories cover athletes’ basic nutritional needs while also catering to the personalized requirements of special groups, fully realizing the goal of “drinking milk, drinking good milk, and drinking the right milk” for athletes. When China’s dairy innovation meets the Olympic spirit of striving for excellence, a mutual journey of “breakthrough” shines brilliantly on the Milan-Cortina Winter Olympic Games stage.
This cultural expression through paper-cutting art aligns perfectly with Mengniu’s brand story told to the world. On the occasion of the 2026 Milan-Cortina Winter Olympic Games opening, Mengniu released the opening theme film “Opening” under the slogan “Crossing Thousands of Mountains and Seas, Together for the Winter Olympics.” The film invites billions of viewers worldwide to experience the warmth of Chinese New Year reunions on the global stage of ice and snow sports, jointly witnessing the mutual pursuit of “excellence” and “togetherness.” The “Opening” film uses the snowy landscape as paper and ice sports as the carving tool to create Chinese paper-cut art. With lively morin khuur (horsehead fiddle) and throat singing, it features Mengniu brand ambassadors—Eileen Gu, Jia Ling, Xiao Zhan, and Jackson Yee—conveying the spirit of “Born to Excel.” The film cleverly connects scenes of the grasslands, the Great Wall, the Leaning Tower, and the sports venues, symbolizing Mengniu’s journey from grassland cattle and Chinese cattle to world-class cattle in its pursuit of excellence. Released at the Milan-Cortina Winter Olympic Games opening, this theme film once again showcases the style and responsibility of Chinese brands to the world. “Born to Excel” shines like a radiant spiritual totem, adding a moving Eastern echo to the long history of the Olympics.
The Milan chapter of “China Night” concluded successfully, while a new chapter of dialogue between Chinese brands and the world has just begun. Looking ahead, Mengniu will inspire perseverance through the light of sports, connect hearts through the light of culture, and illuminate the future through the light of sustainability. With this warm and powerful “Light of China,” Mengniu aims to contribute even greater strength to the global development of the Olympic movement.
Hashtag: #Mengniu
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Alcohol available for consumption: Year ended December 2025 – information release
25 February 2026
Alcohol available for consumption statistics provide information on the volume of alcoholic beverages (beer, wine, spirits, and spirit-based drinks) available for consumption in New Zealand.
Key facts
All comparisons are between the year ended December 2025 and the year ended December 2024, except where otherwise stated.
The total volume of alcoholic beverages available for consumption was down 8.3 percent to 442 million litres.
The volume of beer fell 10 percent to 265 million litres.
The volume of wine fell 11 percent to 85 million litres.
The volume of spirits (including spirit-based drinks) rose 1.3 percent to 93 million litres.
The equivalent total volume of pure alcohol in all alcoholic beverages for consumption fell 7.6 percent.
The volume of available alcohol, expressed in terms of the number of equivalent standard drinks per person aged 18 years and over, fell 8.4 percent to 1.6 standard drinks per person per day.
Visit our website to read the full information release and to download CSV files:
Firefighters supported by four helicopters have contained and largely suppressed a large grass fire in the Springvale area near Clyde.
Fire and Emergency New Zealand Incident Controller Nic McQuillan says residents of most of the properties evacuated this afternoon have been allowed to return home. A small number of properties to the west of McArthur Road are not yet able to go home.
Nic McQuillan said 21 fire trucks and support vehicles had responded and crews had worked hard to save homes from the fast-moving fire. One shed has been destroyed and flames have scorched the exterior of one house. About 20 hectares has been burned on both sides of Springvale Road, which remains closed.
As of 8pm the helicopters had been stood down and some of the fire crews were being released. Multiple crews will be working until dark with one crew staying on the fireground overnight, patrolling in case of flare-ups.
Additional crews will return tomorrow to extinguish some deep-seated areas of fire, Nic McQuillan says.
A specialist tree assessor is at work identifying and felling several dangerous trees which have been damaged by the fire. That work will ensure the safety of firefighters and residents.
Road freight association Transporting New Zealand says the Government’s latest heavy vehicle reforms will see small productivity improvements, but says the Minister of Transport and transport officials must be more ambitious if they want to see meaningful savings for businesses and consumers.
Theproposals announced todayinclude allowing drivers on a Class 1 license to operate heavier electric trucks and buses, remove permitting requirements for vehicle rental service providers moving empty trucks, and simplifying the conversion of overseas heavy vehicle licenses.
Transporting New Zealand’s Chief Executive Dom Kalasih says that the proposals are a step in the right direction, but that tinkering with the regulations wouldn’t deliver the productivity improvements the country needs.
“To put things in perspective, the current proposals would remove the need for about 79 heavy vehicle permits a year, affect around 30 battery electric heavy vehicles annually, and remove a $100 fee and a paper form from international driver license conversions.”
The changes arePhase 2of the Government’s Heavy Vehicle Productivity reform programme.
Consultation onPhase 1concluded in December last year, and included consultation on the removal of 50MAX permits and H Plate requirements.
Kalasih says that the modest proposals don’t match with the Government’s ambitious growth agenda and increasing national freight task.
“There are some really exciting technological developments in higher productivity and lower emission trucks that are being blocked by the current land transport regulations.”
“Our submission on Phase 1 of the productivity reforms contained six specific recommendations, including changes to permitted axle configurations and spacing limits. Officials are currently considering this feedback, and we want to see those changes adopted.”
“Similarly, with these Phase 2 proposals, particularly around increased weight limits for heavy electric vehicles, we’ll be pushing for more meaningful changes that accommodate larger battery electric, hydrogen and hybrid truck and trailer combinations.”
Submissions on the proposed changes close on 25 March.
JAKARTA, INDONESIA – Media OutReach Newswire – 25 February 2026 – Olymptrade marked Ramadan with a continued commitment to supporting elderly communities through its long-term partnership with the YUM Community Center. As part of its ongoing social responsibility efforts, Olymptrade organized another distribution initiative aimed at providing essential assistance to those in need during this meaningful month.
Olymptrade’s Ramadan Commitment: Supporting the Elderly Community
Since the partnership began in September 2025, more than 1,000 food boxes have been distributed to elderly residents across local communities. Each package included staple items such as rice, mung beans, sugar, milk, honey, and eggs; helping ensure that basic nutritional needs were met with dignity and care.
Beyond food assistance, the initiative has also included free eye checkups and the provision of eyeglasses for elderly individuals requiring vision support, reinforcing a broader focus on well-being rather than one-time aid.
February 12 Distribution: Expanding Support During Ramadan
On February 12, the latest round of support reached hundreds of elderly community members. The distribution included:
300 hygiene kits with toothpaste, toothbrushes, soap, floor cleaner, and other daily necessities
300 freshly prepared lunch boxes including rice with chicken, fried vegetables, tofu or corn fritters, crackers, fruit (bananas or oranges), and mineral water
The initiative was made even more meaningful through the involvement of local volunteers from the Olymptrade Indonesia community. Their participation helped transform the distribution from a logistical effort into a personal and compassionate exchange.
Ramadan is widely recognized as a time of generosity, reflection, and shared responsibility. By supporting elderly citizens during this period, the trading platform sought to reinforce the values of kindness and collective care that resonate deeply within Indonesian communities.
A Continued Commitment to the Community
The partnership with YUM Community Center reflects an ongoing commitment rather than a one-time effort. Since September 2025, consistent collaboration has delivered more than 1,000 food boxes, provided medical support, and strengthened local ties through steady, hands-on involvement.
What stands out most is not only the scale of the support, but its continuity. Volunteers return, relationships deepen, and elderly residents know they are not forgotten once the headlines fade. As Ramadan continues, the focus remains simple: provide practical help, show up consistently, and ensure that care extends beyond a single distribution day.
Hashtag: #Olymptrade
The issuer is solely responsible for the content of this announcement.
The Crown and Ngāti Ruapani mai Waikaremoana have signed a Deed of Settlement at Tuai today, Treaty of Waitangi Negotiations Minister Paul Goldsmith says.
“After six years of negotiations we have reached a long-awaited agreement that acknowledges the past and looks to a stronger future.
“It is a privilege to sign the Deed and deliver the Crown apology to Ngāti Ruapani in their rohe.
“A key feature of the settlement is the return of Crown-owned land into Te Urewera, reflecting a central aspiration of Ngāti Ruapani to restore their connection with Te Urewera.
“The settlement includes an agreed historical account and redress for historical breaches of the Treaty of Waitangi which caused significant harm to generations of Ngāti Ruapani.”
The redress package includes:
$24 million financial redress;
Undivided half share of Patunamu Forestry Ltd;
4 commercial redress and 2 cultural redress properties; and
Approximately 12,000 hectares of land added into Te Urewera.
“While no settlement can fully remedy the injustices of the past, this agreement represents an important step forward. I hope it will support Ngāti Ruapani to achieve their cultural and economic aspirations for future generations to come.”
Ngāti Ruapani are based in and around south Waikaremoana. The signing of this deed concludes settlement negotiations in Te Urewera.
Fire and Emergency New Zealand firefighters are working to contain a large grass fire at Springvale, near Clyde in Central Otago this evening which is threatening properties.
Thirteen crews from around the area are responding supported by four helicopters. Another five crews are on their way.
Fire and Emergency is also working alongside Police to support evacuations of impacted properties.
The fire is emitting a lot of smoke which is drifting towards Alexandra. If you are in the vicinity of the smoke, please stay inside and keep windows closed.
The public is also being warned to take extra care while undertaking any hot works in the area, for example welding, grinding and lawn mowing, as a large number of resources are responding to the fire at Springvale.
Fire and Emergency also asks the public to please stay away from the area so firefighters can do their job to contain the fire.
Hard-working dog teams from across Police, New Zealand Customs Service and Department of Corrections have been battling for the title of top dog and handler as they competed at the 51st Patrol and Detector Dog Championships this week.
This years’ event wrapped up with a prizegiving held at the Dog Training Centre in Trentham this afternoon.
The overall winner of this years’ competition was Senior Constable Aaron Senior and his dog Cole from Tasman District.
Inspector Todd Southall says, Congratulations to Aaron and Cole for an almost clean sweep. It’s been an intense competition across three categories since Monday for all the operational dog teams.”
“We’ve had experienced handlers in both patrol and detector categories competing this week. Consistency and confidence between handler and dog have determined who gets the points and a title.
Taking part in the Police Patrol Dog competition were six operational teams from Northland, Tāmaki Makaurau, Waikato, Tasman and Canterbury Districts.
Six narcotic detector dog teams also competed – two from Police (Northland and Tāmaki Makaurau), and two each from Customs and Corrections.
The winning detector dog team is the formidable crew of Senior Constable Patrick Derbyshire and Ripper from Northland Police – a previous winner of the Narcotic Detector Dogs – Alan Symes Cup.
“Each of the teams start with a set of points and they’re put through a range of realistic but testing scenarios with points deducted for mistakes. The team that loses the least marks is the winner. The teams were marked on obedience, article retrieving, commands, tracking in grass, bush, operational scenarios, and criminal work, says Todd.
“All these dog teams do a fantastic job in helping keep our communities safe, says Todd. They provide a critical frontline response, detection and prevention capability whether it’s on the street, at our borders or inside our prisons.”
ENDS
Issued by Police Media Centre
NOTE: A more detailed story and list of all winners will be shared on Ten One next week.
A scheme that brings student researchers and industry together to tackle challenges that matter to people’s daily lives is open for further applications, Science, Innovation and Technology and Universities Minister Dr Shane Reti says.
“The Applied Doctorates Scheme attracted strong backing from industry last year, and the new call for projects will provide more students the opportunity to solve real world challenges while earning their PhDs,” Dr Reti says.
“Students in the applied doctorates programme will develop advanced research skills while working with businesses to build commercial skills and deliver practical solutions for New Zealand. For industry, this is a chance to work with skilled researchers who bring fresh ideas and deep expertise.
“The first cohort is focused on energy research, with 25 industry-led projects selected from 76 submissions across energy systems, infrastructure, agriculture and high-tech engineering, recognising energy’s central role in supporting households and businesses, lifting productivity and keeping costs down.
“These students will contribute to projects that deliver results for Kiwis, including geothermal innovation with Contact Energy, reducing household electricity costs with Vector, improving energy efficiency at the New Zealand Aluminium Smelter, and strengthening rural resilience through power trading with Victoria University.
“The second cohort of doctoral-level research projects is now open for applications, and the theme for the 2026 call is Aerospace, Defence & Security, sectors that underpin New Zealand’s economic resilience and national security.
“The projects include a mix of fully Government funded and co-funded initiatives, reflecting confidence in the scheme’s direction and purpose. The first group of students are enrolling now and are expected to begin in the middle of 2026.
“The Applied Doctorates Scheme backs high-value science that will deliver results for New Zealanders, building a pipeline of researchers who can turn strong ideas into real economic and community outcomes.” Notes to editors:
Photos: Credit Rio Tinto – Students at the Tiwai smelter as part of their graduate studies.
Attached: Applied Doctorates Programme: 2025 Energy Research Cohort Case Studies. Visit the Applied Doctorates Scheme website for further information and a full list of projects https://applieddoctorates.nz/.
Established in 2025, the Applied Doctorates Scheme strengthens the connection between universities and industry by equipping PhD students with both advanced research expertise and applied skills needed in modern workplaces. It is supported by a five-year, $20 million Government investment to grow a workforce that can translate cutting edge science into real world benefit.
The 2025 round sought projects on the theme of New Zealand’s path to energy innovation. The 2026 round of projects will focus on Aerospace, Defence and Security. Applications close 11 May and the projects will be made public week of 2 July. The 2027 theme will focus on Biotechnology and Bioprocessing research.