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Published in ASEAN News by on 29.10.2019

ASEAN News: ASEAN & EU discuss intelligent transport systems

The EU-ASEAN Workshop on Intelligent Transport Systems (ITS) took place in Singapore on 24-25 October, hosted by the Ministry of Transport and Land Transport Authority of Singapore.

The event was jointly opened by Mr. Henrik Hololei, Director-General for European Commission Directorate General for Mobility and Transport and Mr. Yap Ong Heng, Senior Adviser, Ministry of Transport of Singapore while Secretary-General of International Transport Forum Young Tae Kim delivered a key note speech.

Published in China News on 14.08.2019

China News: China's Economic Outlook in Six Charts

China’s economic growth is moderating and is projected to be 6.2 percent in 2019. In its latest annual assessment of China’s economy, the IMF found the quality of growth had improved in three ways in 2018. First, the pace of debt accumulation had slowed. Second, the financial system is better regulated and supervised. Finally, the current account surplus is no longer excessive. But trade tensions cloud the outlook, and reforms need to deepen if this progress is to be continued.

Published in China News on 29.07.2019

China News: China's role in the Asian century of globalization

The re-emergence of Asia is among the most important shifts that will occur in our lifetimes. Next year, in purchasing power parity (PPP) terms, Asian economies will become larger than the rest of the world combined for the first time since the 19th century. Not only is Asia growing richer; as it becomes more integrated, it is also coalescing as a constructive force for global governance.

Published in Hong Kong News on 13.06.2019

Hong Kong News: ASEAN-Hong Kong Free Trade Agreement enters into force

The ASEAN – Hong Kong Free Trade Agreement (AHKFTA) entered into force on 11 June 2019 for Hong Kong and five ASEAN Member States, namely, Lao PDR, Myanmar, Singapore, Thailand and Viet Nam. Under the AHKFTA, Hong Kong and Singapore will grant tariff free access and will bind their customs duties at zero upon entry into force of the agreement. B… » read more

Published on 30.01.2018

China Visa Update: Chinese Government opens new Visa Application Center in Hong Kong

To better meet the needs of applicants for China Mainland visas and to provide better services, with the approval of the Ministry of Foreign Affairs of the People's Republic of China, the Office of the Commissioner of the Ministry of Foreign Affairs in the Hong Kong SAR will introduce a visa outsourcing reform to handle visa applications through a visa application service center.

Published in ASEAN News on 24.01.2018

ASEAN News: The manufacturing future in the coming 50 years

ASEAN has witnessed enormous growth since it was founded half a century ago. Today, the 10-country Association of Southeast Asian Nations forms the world’s third largest labour force, its fifth largest manufacturing economy in value-added terms and its seventh largest market. The region’s 4.4% growth (CAGR) during 2012-16 outpaced that of developed countries such as the United States and Germany. But it trailed that of neighbouring China.

As the region looks ahead to the next 50 years, managing the disruptive impact of the Fourth Industrial Revolution must be high on its agenda. ASEAN’s competitive advantage stands at the crossroads.

Published in Hong Kong News on 24.01.2018

Hong Kong News: December inflation up 1.7%

The Census & Statistics Department announced that the overall consumer prices rose 1.7% year-on-year in December. Netting out the effects of the Government's one-off relief measures, the underlying inflation rate was also 1.7%, slightly higher than the 1.6% rise in November. Year-on-year price increases were recorded for meals bought away from… » read more

Published in Hong Kong News on 09.12.2016

Hong Kong News: New SME Initiative - Technology Voucher Programme

In an effort to strengthen the competitiveness of Hong Kong businesses the Hong Kong Government launched a 500 million Dollar Pilot "Technology Voucher Programme" (TVP) under the Innovation & Technology Fund. This programme aims to subsidise SME’s use of technological services and solutions to improve productivity and upgrade business processes.

Published on 02.11.2016

Hong Kong News: Electric mobility; a viable way for Hong Kong?

In just six years, the number of electric vehicles (EVs) in Hong Kong has increased significantly, largely on the back of government support, new technology and greater awareness of environmental protection as well as effective corporate marketing. How does the EV industry embrace the business opportunities as well as challenges?