PM Edition: Here are the top 10 business articles on LiveNews.co.nz for June 9, 2026 – Full Text
1. Cyberport Chairman Joined CE’s Business Delegation to Kazakhstan and Uzbekistan
June 8, 2026
Source: Media Outreach
Partnership with the Countries’ Largest Tech Parks to Propel “Hub-to-Hub” Collaborations Supporting HK and Chinese Mainland Enterprises to Tap Central Asian Markets
Simon Chan, Chairman of Cyberport, joined the business delegation led by Chief Executive John Lee on a visit to Kazakhstan and Uzbekistan from 1 to 5 June 2026. During the trip, he visited local enterprises and infrastructure projects to explore collaboration opportunities and lay a strong foundation for long-term cooperation.
As part of the programme, Simon Chan, Chairman of Cyberport, met with key innovation and technology stakeholders in both countries. He visited the Astana Hub, a local technology and innovation park in Kazakhstan, including its Artificial Intelligence Supercomputing Centre, to gain deeper insights into the latest developments in artificial intelligence and digital infrastructure in the region. He also visited IT Park Uzbekistan to learn more about the country’s rapidly growing digital economy ecosystem, and to explore opportunities for deeper collaboration in innovation and technology development, talent cultivation and market expansion. These engagements further strengthened Hong Kong’s exchanges with Central Asia and supported the development of closer cross-regional collaboration in innovation and technology.
Simon Chan, Chairman of Cyberport, said, “Central Asia is a strategically important market under the Belt and Road Initiative. Both Kazakhstan and Uzbekistan are actively advancing digital transformation, digital upgrading and technological innovation. From national artificial intelligence development blueprints to large-scale digital infrastructure projects, both countries have demonstrated strong growth momentum, a pressing demand for cutting-edge innovation and technology solutions, and immense market potential.
As Hong Kong’s digital technology hub and AI accelerator, Cyberport is home to over 2,300 companies, including 18 listed companies with a combined market capitalisation of over HK$500 billion, as well as 9 unicorns with a total valuation exceeding HK$150 billion. Its innovation ecosystem spans areas such as AI, data science, fintech, digital assets and blockchain, cybersecurity, smart living, and digital entertainment. This aligns closely with Central Asia’s demand for technological innovation, creating extensive opportunities for collaboration through complementary strengths. Cyberport has also established partnerships with Astana Hub and IT Park Uzbekistan to actively promote bilateral business expansion, deepen ties between Hong Kong and Central Asia in innovation and technology, finance and trade, and support enterprises from Hong Kong and the Mainland in jointly expanding into high-potential emerging markets.
Leveraging Hong Kong’s unique role as a ‘super-connector’ and ‘super value-adder’, Cyberport will continue to support Hong Kong and Mainland enterprises in expanding into Belt and Road and international markets. At the same time, we will actively attract Central Asian companies to establish a presence in Hong Kong, injecting fresh momentum into the development of the digital economy and smart cities across the three regions, and further strengthening Hong Kong’s position as an international innovation and technology centre and a leading AI hub.”
Simon Chan, Chairman of Cyberport, said, “Central Asia is a strategically important market under the Belt and Road Initiative. Both Kazakhstan and Uzbekistan are actively advancing digital transformation, digital upgrading and technological innovation. Cyberport has established partnerships with Kazakhstan Astana Hub and IT Park Uzbekistan to actively promote bilateral business expansion, deepen ties between Hong Kong and Central Asia in innovation and technology, finance and trade, and support enterprises from Hong Kong and the Mainland in jointly expanding into high-potential emerging markets.”
Signs MoUs with the Countries’ Largest Tech Parks Leveraging “Hub-to-Hub” Collaboration Advantages
Among them was a Memorandum of Understanding (MoU) signed on 1 June 2026 between Cyberport and Autonomous Cluster Fund “Astana Hub” (Astana Hub) of Kazakhstan, the largest international innovation cluster in Central Eurasia. Astana Hub is currently home to more than 1,800 IT companies, including over 450 international members, generating a collective income of US$3.9 billion. It has established a comprehensive innovation ecosystem that provides acceleration programmes, supports technological business incubation, offers educational initiatives, and hosts a wide range of industry events. This strategic partnership aims to promote technology transfer, support tech companies in areas such as AI, fintech, smart city solutions and Web 3, and facilitate overseas expansion and global market access for innovation and technology companies from both regions.
On 1 June, Cyberport signed a Memorandum of Understanding (MoU) with Autonomous Cluster Fund “Astana Hub” of Kazakhstan, with key objectives to promote technology transfer and the development of innovation and technology ecosystems, support technology enterprises in expanding into overseas markets, and establish a collaborative partnership between the two innovation ecosystems.
Another key highlight of the delegation was the signing of a Memorandum of Understanding (MoU) on 4 June 2026 between Cyberport and The Administration of Technology Park of Software and IT (IT Park) of Uzbekistan, a national IT ecosystem operator dedicated to advancing the country’s digital industry development. IT Park Uzbekistan is a government-supported technology hub and one of the largest tech parks in Central Asia, with more than 2,800 member companies spanning IT services, software development, game development, creative industries and education. The MoU focuses on providing mutual soft-landing support, infrastructure access and regulatory incentives to facilitate technology companies’ expansion between Hong Kong and Central Asian markets, while fostering deeper collaboration in innovation and technology development between the two regions.
On 4 June, Cyberport and the Administration of Technology Park of Software and IT (IT Park) of Uzbekistan signed a Memorandum of Understanding (MoU). The MoU focuses on providing mutual soft-landing support, infrastructure access and regulatory incentives to facilitate technology companies’ expansion between Hong Kong and Central Asian markets, while fostering deeper collaboration in innovation and technology development between the two regions.
As an ideal gateway for Central Asian technology companies seeking to expand into East and Southeast Asia, Cyberport leverages Hong Kong’s international business environment and robust regulatory framework, together with its extensive network of enterprises, investors, technology companies, professional service providers and industry partners. This enables Cyberport to serve as a strategic base for Central Asian enterprises looking to access the Mainland, ASEAN, Asia-Pacific and global markets, accelerating their commercialisation journey and transforming innovative solutions into tangible business collaborations and investment opportunities.
At the same time, Cyberport companies can leverage the two leading technology parks in Central Asia as launchpads into emerging markets, bringing technology solutions from Hong Kong such as artificial intelligence, fintech and smart city technologies to support the region’s digital economy and smart city development. These collaborations will further enrich the innovation and technology ecosystems of both regions. Cyberport has been actively supporting local enterprises in establishing and expanding their presence in Central Asian market. Cyberport’s community is also highly international, with founders of one-third of its onsite companies coming from 27 countries and regions, while Cyberport companies have expanded into more than 35 global markets.
Cyberport received delegations from Kazakhstan and Uzbekistan to Cyberport for exchanges in tech innovation and entrepreneurship over the past year, laying foundations for cross-regional partnerships and collaborations. Cyberport will continue to align with the national 15th Five-Year Plan and support the HKSAR Government’s development strategies by strengthening ties with emerging markets and innovation and technology hubs along the Belt and Road. As a vital bridge between Hong Kong and Central Asia, Cyberport facilitates cross-regional exchanges and collaboration, helping local enterprises capture global business opportunities while simultaneously attracting outstanding overseas technology talent and leading enterprises to establish a presence in Hong Kong. These efforts will inject diversified momentum into Hong Kong’s economy and further reinforce the city’s position as an international innovation and technology hub.
Hashtag: #Cyberport
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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2. Singapore International Water Week 2026 to Convene Global Leaders and Innovators to Address Municipal Water, Industrial Water, Coastal Protection and Flood Management Challenges
June 8, 2026
Source: Media Outreach
2,000 global leaders and experts, and 25,000 trade visitors expected to share best practices, exchange ideas, foster partnerships and secure deals
Now in its 11th edition, the biennial event takes place against the backdrop of utilities and cities facing mounting pressure on aging urban water systems, higher energy costs, increasing water demand, unsustainable water extraction practices, and more frequent and extreme flooding in urban areas. Caused by rapid urbanisation and economic growth, these effects are further exacerbated by climate impacts from extreme weather patterns and rising sea levels, and growing demand from water-intensive industries such as data centres.
Addressing these challenges would require governments to adopt a holistic and integrated approach in water management, coupled with good governance, effective policies and regulations, adoption of innovative technological solutions, and active engagement of stakeholders.
To this end, SIWW2026 will focus on triple key themes of municipal water solutions, coastal and flood resilience, and industrial water solutions. In total, more than 80 sessions — ranging from high-level panels, roundtables, summits, workshops, forums and partner events — will be held over 4 days covering a wide spectrum of topics and issues related to these themes, with 2,000 global leaders and experts expected in attendance, along with 25,000 trade visitors who are expected to visit the Water Expo.
SIWW2026 at a Glance: Key Programme Highlights
Guest-of-Honour, Mr Gan Kim Yong, Singapore’s Deputy Prime Minister and Minister for Trade and Industry, will deliver the opening address at the opening of SIWW2026 on Tuesday, 16 June 2026. This will be followed by the Lee Kuan Yew Water Prize 2026 Award Ceremony, where the 2026 Laureate Professor Joan Bray Rose will receive the Prize medallion and certificate from Mr Gan.
The Ministerial Plenary will be held on the same morning after the opening, where Ms Grace Fu, Singapore’s Minister for Sustainability and the Environment and Minister-in-charge of Trade Relations, will join other invited foreign Water and Environment Ministers to share their perspectives on how countries can work together to advance the water and climate agenda.
Other programme highlights at SIWW2026 include:
- Thought Leadership:High-level platforms such as the SIWW Keynotes, Titans of Industry, Coastal and Flood Resilience Leaders Summit, and the Water Leaders Summit will bring together global government, city, utility and industry leaders to exchange insights on latest trends, solutions, and case studies across various thematic areas.
- Solutions and Technology: The Water Convention, TechXchange, and the Industrial Water Solutions Forum will provide water experts, technology providers, scale-ups, utilities and industrial users with platforms to share urban water management, for municipal and industrial users.
- Business and Networking: The Water Expo, organised in cooperation with IFAT, will serve as a pre-eminent marketplace for the global water, coastal and flood community to converge and find opportunities in business. Featuring more than 20 pavilions and close to 500 international exhibitors, the Expo — alongside networking functions and partner events — will bring together industry players, utilities and governments to foster collaboration and partnerships.
Distinguished Leaders from Utilities, Cities and Industry at SIWW2026
More than 55 utilities around the world, including the USA, Europe, Middle East, Australia and Asia, will be participating in SIWW2026, with at least 40 represented at C-level. These senior executives will be attending the Utilities CEO Roundtable, while technical experts will be speaking in other sessions and workshops during the week.
These utilities would be joined by close to 30 cities worldwide, including Copenhagen, Rotterdam, Hong Kong, New York City, Antwerp, Dubai, Jakarta, Melbourne, Quezon City, Tokyo and Yokohama. City officials from these cities would be participating in the City Leaders Roundtable, as well as Leaders Summit.
Senior leaders from international organisations and associations, such as the Intergovernmental Panel on Climate Change (IPCC), Asian Development Bank, World Bank Group, C40 Cities, International Water Association, International Desalination and Reuse Association will also be in attendance. They are joined by global executives and experts from the water industry, including engineering consultants, technology providers, system integrators contractors, and OEMs.
For more information on SIWW2026, visit the event website at www.siww.com.sg/home or access the full programme at siww2026-app.siww.com.sg
SIWW is part of the strategic programme of the Singapore Government to grow the water industry and develop water technologies. The event also supports Go Green SG and Singapore’s Year of Climate Adaptation, reinforcing collective action towards sustainability and climate resilience.
https://www.siww.com.sg/water-expo
https://www.linkedin.com/company/siww/
https://www.facebook.com/siww.com.sg
Hashtag: #SingaporeInternationalWaterWeek #SIWW2026
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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3. Appointments – Tim Larkin appointed to lead Link Financial Group
June 8, 2026
Source: NZHL
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4. Trransfer Technologies And LINE GO Partner To Expand Enterprise Ground Transportation Across Taiwan And Global Markets
June 8, 2026
Source: Media Outreach
Partnership combines LINE GO’s MaaS ecosystem platform with Trransfer Technologies’ global B2B ground transportation platform to serve Taiwan’s growing outbound business travel demand
Taiwan’s outbound travel market reached 18.94 million departures in 2025, a 12.43 percent increase from 2024 and a new historical high. This upward trajectory underscores a compelling opportunity for enterprise-focused mobility providers to capture demand from corporations and business travelers who require seamless, reliable ground transportation solutions across global destinations.
A Partnership Built on Complementary Strengths
Trransfer Technologies will bring international corporate and enterprise travel demand into Taiwan, with LINE GO providing local fulfillment through its established mobility network, operational capabilities and deep integration within the LINE ecosystem. LINE GO’s MaaS platform aggregates seven mobility services including taxi-hailing, car rentals, airport shuttles, designated driver services, scooter sharing, private car charters and an EV charging network, giving enterprise clients a comprehensive local mobility experience upon arrival in Taiwan.
Looking ahead, both companies will extend their collaboration to serve the outbound travel needs of Taiwan-based enterprises, leveraging Trransfer Technologies’ global destination network across more than 80 destinations worldwide. This positions both companies to become the preferred mobility partner for Taiwanese businesses and multinationals requiring end-to-end ground transportation coordination across borders.
Targeting Taiwan’s Enterprise Traveler Segment
The partnership specifically targets multinational corporations, corporate travel managers, enterprise clients and high-frequency business travelers. As Taiwan’s outbound travel continues its upward trajectory, enterprises increasingly need partners who understand both local logistics and the complexity of global coordination.
“This partnership creates immediate strategic value for both companies. LINE GO brings market-leading mobility technology and operational insights, while Trransfer Technologies contributes the global platform, enterprise workflows and international fulfillment network. Together, we are building a scalable outbound mobility solution for Taiwanese enterprises traveling globally.”
Michael Chiay, Chief Executive Officer, Trransfer Technologies
“This collaboration marks a transformative milestone in LINE GO’s journey. We are proud to offer our partners a one-stop solution that delivers on our promise to make every journey smarter, safer, and more efficient.”
Isaac Lin, Managing Director, LINE GO
Hashtag: #TrransferTechnologies #MaaS #BusinessTravel #CorporateTravel #TravelTech #GlobalMobility #TrransferTechnologies #LineGo #EnterpriseTravel #SmartMobility #concierge
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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5. Budget 2026 hides a nearly $500 million KiwiSaver hole across the public service
June 8, 2026
Source: Green Party
The Green Party says Budget 2026 leaves a hole of nearly half a billion dollars, the cost of the higher employer KiwiSaver contribution for most of the public service, with no sign of funding anywhere in the books to meet it.
“Nicola Willis has a hole of nearly $500 million in her Budget that she has left unfunded,” says Green Party Co-leader and finance spokesperson Chlöe Swarbrick.
“The Government lifted employer KiwiSaver contributions in Budget 2025, which was the right thing to do. What wasn’t right was leaving that unfunded, meaning Nicola Willis was and is banking on more cuts across the public service.”
“The Greens first called this out last year, when the Government had not accounted at all for the increased employer contributions despite being an employer of tens of thousands of teachers, nurses and public servants.”
“Nicola Willis patronised and dismissed the Greens then, then this year quietly budgeted for only teacher and teacher aides’ employer contributions. The Minister of Finance knows the Greens were right then, and she knows we’re right now.”
“When the Government will not show you the money, the safe assumption is that it is not there. The nearly $500 million will be paid somewhere, and the most likely place is baseline funding, which means hospitals, schools and frontline services quietly absorbing a cost of the Government’s accounting trickery.”
“Nicola Willis can clear this up today by showing everyone the funding for employer KiwiSaver increases across every Vote, line by line. If it is there, she should prove it. If it is not, she should stop pretending the books balance on anything other than secret cuts to come.”
“New Zealanders deserve a Government that does the real work and tells them the truth,” says Swarbrick.
Original source: https://nz.mil-osi.com/2026/06/08/budget-2026-hides-a-nearly-500-million-kiwisaver-hole-across-the-public-service/
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6. Budget 2026 hides a nearly $500 billion KiwiSaver hole across the public service
June 8, 2026
Source: Green Party
The Green Party says Budget 2026 leaves a hole of nearly half a billion dollars, the cost of the higher employer KiwiSaver contribution for most of the public service, with no sign of funding anywhere in the books to meet it.
“Nicola Willis has a hole of nearly $500 million in her Budget that she has left unfunded,” says Green Party Co-leader and finance spokesperson Chlöe Swarbrick.
“The Government lifted employer KiwiSaver contributions in Budget 2025, which was the right thing to do. What wasn’t right was leaving that unfunded, meaning Nicola Willis was and is banking on more cuts across the public service.”
“The Greens first called this out last year, when the Government had not accounted at all for the increased employer contributions despite being an employer of tens of thousands of teachers, nurses and public servants.”
“Nicola Willis patronised and dismissed the Greens then, then this year quietly budgeted for only teacher and teacher aides’ employer contributions. The Minister of Finance knows the Greens were right then, and she knows we’re right now.”
“When the Government will not show you the money, the safe assumption is that it is not there. The nearly $500 million will be paid somewhere, and the most likely place is baseline funding, which means hospitals, schools and frontline services quietly absorbing a cost of the Government’s accounting trickery.”
“Nicola Willis can clear this up today by showing everyone the funding for employer KiwiSaver increases across every Vote, line by line. If it is there, she should prove it. If it is not, she should stop pretending the books balance on anything other than secret cuts to come.”
“New Zealanders deserve a Government that does the real work and tells them the truth,” says Swarbrick.
Original source: https://nz.mil-osi.com/2026/06/08/budget-2026-hides-a-nearly-500-billion-kiwisaver-hole-across-the-public-service/
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7. Science x AI Summit 2026 Post-Event Observations: KitHui Growth Financial Academy Analyzes AI Industry Implementation Trends
June 8, 2026
Source: Media Outreach
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 8 June 2026 – On May 12, Chow Kit Hui attended the Science x AI Summit 2026 in Silicon Valley as the founder of an AI enterprise. As summit discussions continued to spread, topics such as AI Agents, autonomous reasoning systems, research-grade AI, and computing power architecture drew strong attention from the technology and industrial sectors. After the event, Chow noted that the summit highlighted a key trend: AI is moving from laboratory use into real industrial processes and is being tested in highly constrained fields such as scientific research, finance, healthcare, and manufacturing.
At the summit, roundtables and technical exchanges focused on mathematical reasoning, life sciences, drug R&D, and complex simulation. Chow Kit Hui said these discussions show that the value of AI is being redefined. It is no longer only a tool for improving efficiency, but is beginning to take part in R&D and business decision-making, forming a fuller application loop from hypothesis generation to result verification. Its real-world implementation depends not only on technical capability, but also on whether it can integrate into actual processes while remaining stable.
Regarding fintech and intelligent decision-making, Chow Kit Hui emphasized that model judgments must be accurate, explainable, traceable, and reliable in complex environments. He added that through the AlgoVision AI Growth Partners Foundation, he will continue to focus on the practical application of research-grade AI, intelligent decision-making, and fintech, while stressing the need to align technology implementation with business processes.
Chow Kit Hui believes the next stage of AI competition will move beyond model capabilities and focus on whether technology can enter real industrial processes and remain effective in complex environments. The Science x AI Summit 2026 offered a valuable observation window, showing that the future value of AI will depend more on stable operation, continuous correction, and long-term validation in complex scenarios.
https://www.kithuiacademy.com/
Hashtag: #ScienceXAI #ChowKitHui #AIforScience
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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8. Government welcomes new diesel storage
June 8, 2026
Source: New Zealand Government
News that work to recommission an additional 93 million litres of diesel storage capacity at Marsden Point in Northland is finished has been welcomed by the Government.
Channel Infrastructure NZ has worked at pace to recommission the tanks in time to receive the diesel reserve purchased by the Government.
“A significant amount of work by a large number of people has gone into getting these tanks ready in a short timeframe so they can store the diesel when it arrives in New Zealand,” Finance Minister Nicola Willis says.
“Last week we announced the first of two shipments of diesel which will provide our reserve was bound for New Zealand. That is expected to arrive at Marsden Point in less than a fortnight.
“Knowing these tanks are ready to take this shipment, and the next, is great news,” Nicola Willis says.
The second shipment of reserve diesel is expected to arrive in July. Together the shipments represent about nine days’ average diesel consumption for the country.
“While we hope we never have to use this reserve, the Government has acted prudently and decisively to ensure that should there be an unforeseen issue with our fuel supply, particularly diesel, New Zealand has enough to keep the economy running in the short-term,” Associate Energy Minister Shane Jones says.
The refurbishment of the tanks was paid for by up to $21.6 million from the Regional Infrastructure Fund.
“As long as the Middle East conflict continues, and for some time after, fuel supply and prices will be impacted. The Government is working to ensure the situation remains as stable as possible here,” Shane Jones says.
Original source: https://nz.mil-osi.com/2026/06/08/government-welcomes-new-diesel-storage/
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9. Serious crash, SH43, Toko, Stratford
June 8, 2026
Source: New Zealand Police
Emergency services are at the scene of a serious crash on East Road, State Highway 43, at Toko, Stratford tonight.
The two-vehicle crash was reported about 6.05pm, at the intersection of Skinner Road.
One person is being flown to hospital with serious injuries.
Motorists should expect delays while emergency services clear the scene.
ENDS
Issued by the Police Media Centre
Original source: https://nz.mil-osi.com/2026/06/08/serious-crash-sh43-toko-stratford/
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10. Travelodge Osaka Shinsaibashi Debuts with Rates from 5,500 Yen and a Chance to Win Gold Bar
June 5, 2026
Source: Media Outreach
OSAKA, JAPAN – Media OutReach Newswire – 5 June 2026 – Travelers planning their next Japan getaway can now secure early access to one of Osaka’s upcoming new hotels — with the chance to win a gold bar.Travelodge Osaka Shinsaibashi, set to open in August 2026, has officially launched its pre-opening sale with rates starting from just 5,500 Yen per night.
The promotional rates are exclusively available through the official website at www.travelodgehotels.asia, giving travelers the opportunity to secure some of the best opening deals ahead of launch.
As part of the campaign, guests who book directly through the website with a minimum five-night stay will receive a chance to play the Fortune Wheel for exclusive prizes, including a gold bar. Meanwhile, guests staying a minimum of three nights can enjoy a complimentary yukata experience, including yukata rental and photo opportunities around the hotel, adding a touch of Japanese culture to their stay.
Travelodge Hotels Asia members can also enjoy up to 5% cashback after checkout. Travelers may sign in or register for membership before booking to unlock the member-exclusive reward.
Located in the heart of Shinsaibashi, the hotel offers convenient access to some of Osaka’s most popular destinations, including Dotonbori, Shinsaibashi Shopping Street, Midosuji Street, and many more. The property is also within walking distance of Shinsaibashi and Nagahoribashi stations, providing seamless connectivity across the city for shopping, dining, nightlife, and sightseeing.
Designed for today’s urban travelers, Travelodge Osaka Shinsaibashi combines comfort, convenience, and value in one of Osaka’s most vibrant districts. The hotel will feature contemporary rooms with practical layouts, high-speed connectivity, and essential amenities suitable for solo travelers, couples, families, and business guests.
With Osaka continuing to attract strong inbound tourism demand ahead of the late-summer travel season, centrally located accommodation remains highly sought after. Through this pre-opening campaign, travelers can secure competitive rates while becoming among the first guests to experience the new property.
To celebrate the launch, Travelodge Hotels Asia will host an official grand opening event during the first week of August 2026 in Osaka. Media representatives, influencers, and industry partners are invited to attend and experience the property firsthand. Interested media may register via the contact listed below.
Hashtag: #TravelodgeHotelsAsia #TravelodgeOsakaShinsaibashi
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
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