Search results “Hk trading department”
Registering a Trading Company with the Hong Kong Customs
Trading companies in Hong Kong are subject to registration not only for business purposes but also for customs purposes. The Customs and Excise Department in Hong Kong receives the applications for registration for trading companies and issues the main regulations for importing and exporting goods and special categories of products. Our Hong Kong company formation agents can give you more information about these requirements. You can reach us at: http://www.opencompanyhongkong.com.
[Cantonese] My Career, My CFA Charter: An Investment Manager in Hong Kong
Jimmy Jim, CFA, Co-head of Global Markets & Trading Department of ICBC Asia, a 25-year veteran of the investment industry, shares the key to his career success.
Views: 717 CFA Institute
New job openings in Hongkong 2019//How to apply for new job in Hongkong//Latest openings
New job openings in Hongkong 2019//How to apply for new job in Hongkong//Latest openings:- 1-MERCHANDISER Required in Hong Kong Job Description: We take the personal data you directly provide through Casinoglobalsourcing.com very carefully and sensibly. It will be solely used for recruitment purpose and only shortlisted candidates will be contacted. Be part of our teams. We are hiring Merchandiser / Senior Merchandiser / Quality Engineer for • Food Products • Hard Lines • Soft Lines Workplaces: • Hong Kong • Guangzhou • Bangkok • Dhaka How to Apply:- To Apply send your CV toEmail:- [email protected] 2-SENIOR MERCHANDISER – Indian garment trading Required in Hong Kong Company Description: For secure and confidential job application, please click the below link to get our email address. http://jpc.hk/confidential_apply.htm Job Description: THE COMPANY : • Indian garment trading comapny • Focus in : denim jeans/shorts/twill pants/shirts/T shirt/cargo/joggers etc • Main markets : USA, Chile, Panama, Peru, Honduras • We are looking for SENIOR MERCHANDISER – with details as follows : THE JOB RESPONSIBILITY : • F.5 graduates • Proficient in English and Chinese; Mandarin a plus • 8 to 10 years merchandising in garment, of which minimum 2 years in Indian trading companies • Experience in denim jeans, shorts, twill, shirt, T shirt, cargo, joggers etc will be a plus • Good relationship with China vendor factories especially for low price garment • Reporting to the Director • Liaising with buyers and China vendor factories in price negotiation • Handling quotations, samples and goods production • Following up orders to ensure on time delivery • Regular China trip needed, not frequent • 5 days work • 13 months salary + performance bonus • Medical Benefits HOW TO APPLY:- For secure and confidential job application, please click the below link to get our email address. http://jpc.hk/confidential_apply.htm Please attach your CV with salary expected to Email:- [email protected] To speed up our process, please do NOT send us download links. Personal data provided by job applicants will be used for recruitment purpose only. Your privacy is guaranteed. We will never give out, lease, or sell your personal information. JPC Recruiting Services was established in 1990. http://www.facebook.com/pages/JPC-Texson-Ltd/500356593325952 3-Receptionist (Happy Valley Clubhouse) Hong Kong (Ref: 20002340) The Department Our Catering Department manages one of the largest and most diverse catering operations in Hong Kong. We provide a wide range of catering, sports and recreation facilities for Members and their guests in three Clubhouses. Job Description: Answer phone calls, handle reservations and confirm daily booking with Members in accordance to established standards and procedures About You 2 to 5 years relevant experience in Western fine dining restaurant in hotels or clubs Good communication and interpersonal skills in both English and Chinese HOW TO APPLY 1. Using Acrobat Reader on your device, fill in the Application Form; 2. Please submit your completed application form and your CV via: Email: [email protected] Fax: 29667002; or Post: Human Resources Department, Jockey Club Headquarters, 1 Sports Road, Happy Valley, Hong Kong Only shortlisted candidates will be notified. (Please refer to the Form filling guide on questions Notice to Employees and Prospective Employees Relating to the Personal Data (Privacy) Ordinance)
Views: 244 Abroad JOB
CE promotes HK's trading platform in Brazil (18.4.2012)
Chief Executive Donald Tsang has wrapped up his three-nation visit to New Zealand, Chile and Brasil, ending with a visit to BM&FBOVESPA in Sao Paulo, one of the world's largest stock exchanges. There, he held talks with the bourse's Chief Executive Officer Edemir Pinto. Addressing the local financial sector at a breakfast hosted by HSBC Brazil, Mr Tsang said Hong Kong intends to develop products to track BRICS - for Brazil, Russia, India, China - exchanges, which would give investors more exposure to the investment opportunities in Hong Kong's dynamic markets. "Another attractive option is to list on our stock market. Brazilian firms wishing to raise capital in Hong Kong can launch initial public offerings or secondary listings or issue depository receipts," he said. ( http://j.mp/J1j7BN )
Intellectual Property Trading Services
Boss (Andrew Yuen) VO: I have a philosophy for managing my business Big efforts yield big rewards! For intellectual property, or IP, management I have a helping hand My company joined the IP Manager Scheme run by the Intellectual Property Department The management staff receive training on IP management and commercialisation strategies We can also use the free IP consultation service for lawyers’ advice We've equipped ourselves well for business opportunities! For details, visit ip.gov.hk SUPER︰ Intellectual Property Department logo www.ip.gov.hk
HK, ASEAN sign free trade deal (12.11.2017)
Hong Kong and the Association of Southeast Asian Nations signed a free trade agreement and a related investment agreement today to bring about legal certainty and better market access for goods and services trade as well as investment protection to Hong Kong. Secretary for Commerce & Economic Development Edward Yau signed the two agreements with the economic ministers of the ASEAN member states in Pasay City, the Philippines. The pacts encompass investment, economic and technical co-operation, and dispute settlement mechanisms. The free trade deal also facilitates arrangements for the entry and stay of Hong Kong companies and service providers doing business in ASEAN member states. The agreements are expected to come into effect on January 1, 2019, at the earliest, subject to the completion of necessary procedures by Hong Kong and the ASEAN member states. Noting ASEAN is Hong Kong's second largest trading partner in merchandise trade and the fourth largest in services trade, Mr Yau said the two pacts are very important for the city. "All ASEAN member states are also economies along the Belt & Road. The agreements will extend Hong Kong's FTA and investment agreement network to cover all major economies in Southeast Asia. The closer ties forged will enhance Hong Kong's role as a trading and investment hub and cater for our strategy to tap the business opportunities offered by the Belt & Road Initiative," Mr Yau said. Click here for the key points of the agreements and the Trade & Industry Department's designated website for the full text.(http://j.mp/2AE0VxC)
What To Consider When Opening a Hong Kong Company
My first podcast, I pushed it out quickly to get the ball rolling after an amazing DCBKK (Dynamite Circle mastermind) a week earlier. Please be easy on me – its my first podcast and more to come regularly. Thinking weekly, will settle on a regular schedule soon. Topics Covered in This Episode • Business Scope for your Hong Kong Company – B2B or B2C? Business to Business (B2B) can be your “Asia”-based sourcing / trading / import & export branch, while you still keep your USA or “home country” company opened for B2C (business to consumer) or retail sales business. Just a way to make “baby steps” to an Asian based company. • Understanding that HK is your Center in Asia – if you want to open a China, Philippines, or other company in the future, that goes under this Hong Kong entity. • Get in the game! – thought process of receiving multi-currency funds. Centering your cashflow around HK. • Using a Hong Kong company for legal contracts – Using a HK company in Asia is the best option when making purchase orders, business contracts, and even personal or contractor agreements. Check out: https://www.globalfromasia.com/gfa01-consider-opening-hong-kong-company/
Views: 40 Global From Asia
How to Manage Logistics in Hong Kong
Looking to trade throughout Asia and around the world? Hong Kong offers a multitude of trading opportunities as the world's freest economy backed up by well-developed logistical expertise. Speakers: Toby Marion Director Golden Gate Wine Co Dr. Byron Lee Chairman HK Sea Transport and Logistics Association Learn more from HKTDC: http://www.hktdc.com Golden Gate Wine Co: http://www.goldengatewine.com/ HK Sea Transport and Logistics Association: http://www.hkstla.org/ Find more videos in the series: http://howtodobizinhk.hktdc.com/ Produced with Lime Creative Hong Kong: http://limecreative.hk/
Views: 2146 HKTDC
Grasp the opportunity Develop IP trading
V/O: Brands, research and development and creative industries all involve intellectual property. Hong Kong has sound financial and legal systems, professional talent and comprehensive intermediary services. Intellectual property trading brings business opportunities to all walks of life. Secretary for Commerce and Economic Development, Mr Gregory So Kam-leung: Turn strengths into opportunities. SUPER: Grasp the opportunity Develop IP trading www.ip.gov.hk Intellectual Property Department
Views: 1632 IPD HKSARG
Hong Kong Commercial Real Estate Update - Gabelli Funds Analyst Liang Xianda (4.11.2019) .
http://www.gabelli.com Invest with us 1-800-GABELLI (800-422-3554) Hi, I’m Liang Xianda, analyst at Gabelli Funds. Where is the most expensive place to either rent or buy an office space in the world? The answer is Hong Kong because of a structural imbalance of limited land supply for commercial use and increasing demand for office space. According to HK’s Rating & Valuation department’s data based on property transactions, the average price of a class A office in Central was almost $6800 per square foot in 2018 which is more than double the price in 2008. Such average price has surpassed other comparable cities like West End London and midtown Manhattan. We believe such structural imbalance of land supply and demand is the main reason that average cap rate for grade A office in Hong Kong keep dropping and reached a record-low of 2.4% in 2018. Meanwhile, the average monthly rent in Central has also increased significantly from $11 per square foot in 2008 to $16 in 2018 which also exceed the average monthly rent in midtown Manhattan by at least 50%. But the average monthly rent only tells half of the story. In September 2018, BitMEX, a crypto currency trading platform, rented roughly “19 thousands” square feet in Cheung Kong Center in Central with a monthly rent about $29 per square foot which surpassed the rents in the newly opened Hudson Yard in New York City up to 70%. The pricy rents in Central have driven many firms to relocate to more affordable areas. Causeway Bay should be the largest beneficiary among all other districts in Hong Kong. With only 3 subway stops away or 5 minutes-drive from Central, Causeway Bay offers a more convenient commute and more affordable monthly rents around $10 per square foot in 2018. Under such sentiment, Mandarin Oriental Hotel group closed its Excelsior hotel in late March and started the Excelsior redevelopment. The goal is to build a class A office building with shopping mall in the lower floors. Excelsior hotel locates at the waterfront of Causeway Bay and also at the exit of Cross Harbour Tunnel that connects Kowloon and Hong Kong Island. We estimate the new office building could worth approximately $3 billion. We believe such move can help the company to unlock the value within the property. Since Beijing has set HK as the international clearance center for Chinese Yuan under the Greater Bay development plan, we believe HK has all the potential to be the most influential financial-hub in Asia. Under this scenario, HK will continue to attract both Chinese and multinational companies to set up office there for the long run. In terms of political risk, Beijing sees Hong Kong and Macau as important examples to prove that the “One Country, Two Systems” policy works. Therefore, we believe Beijing will continue to support the economic development in HK at its best. For more information about potential investment opportunities in Hong Kong and the Asian Markets, subscribe to our channel and visit us at www.gabelli.com
Views: 77 GabelliTV
Leather Cutting Workshop - Derong Furniture (HK Derong Int'l Trading Co., Ltd)
Welcome to make a field inspection of our factory, and you will find a lot of interesting items in our big showroom! Don't forget to leave me a like if you enjoyed this video and please subscribe for future content. Thank you! ^_^ ● Social links: Derong Furniture Linkedin @ https://www.linkedin.com/company/derong-furniture Derong Furniture Facebook @ https://www.facebook.com/derongfurnitureanji Derong Furniture Twitter @ https://twitter.com/derongfurniture Derong Furniture Pinterest @ https://www.pinterest.com/derongfurniture Derong Furniture Instagram @ https://www.instagram.com/derongfurniture Derong Furniture Official Web @ http://www.derolife.com Email us: [email protected] ● Company brief Derong Furniture (HK Derong International Trading Co., Limited) is a professional seating furniture manufacture of various types of office chairs, barstool & dining chairs since 2004. ● Contact our sales rep. for more details: Tel: +86-571-82655127 Email: [email protected] Skype: arthur_furniture Whatsapp/Viber: +8618072717209 ● Video Link: https://youtu.be/0TF3bbD4Hxo
Views: 13 Derong Furniture
HK: natural Belt-Road trade hub (7.12.2015)
Financial Secretary John Tsang As you know, more than 50% of our total exports are destined for the Mainland, our largest trading partner. CEPA (the Mainland and Hong Kong Closer Economic Partnership Arrangement), our free-trade arrangement with the Mainland, certainly helps fuel those exports. Some 1,800 products now enjoy zero tariff preference, thanks to CEPA, and the total export value of the goods under CEPA exceeds HK$73 billion, with tariff savings of more than RMB5 billion. And, rest assured, we shall continue to explore other ways to enhance the competitiveness of Hong Kong products in the ever-expanding Mainland market. The development of the Belt & Road initiative will certainly increase the volume and intensity of international trade and investment flow among the economies along the twin corridors of "the Belt" and "the Road". It will also expand two-way traffic in and out of Mainland China. Hong Kong is the natural financial, business and trade hub of the Belt & Road. And to ensure our place in the fast lane of the Belt & Road, the Government will continue to work with our trade partners in concluding bilateral as well as plurilateral trade and investment agreements. We also have plans to streamline our customs-clearance arrangements, and strengthen co-operation with economies along the Belt & Road on border control issues. (http://j.mp/1lnMW75)
HK ideal for wine trade (8.11.2018)
Many of you may already have local partners here or some of you may be looking for exploration of new terrain. Now, with Hong Kong as a gateway to the flourishing Asia-Pacific wine market, you will find us an ideal testing ground for you to establish a foothold and expand your market share in our part of the world. Not only do we charge no wine duty, GST (goods & services tax) or VAT (value-added tax), Hong Kong is also well known for our world-class commercial infrastructure for the wine industry and business to thrive. We have multi-talented wine and culinary professionals, sommeliers, and the world's first wine storage certification scheme, just to name a few. Now, speaking of the Mainland market, which is indeed our top wine re-export destination, we have shipped more than HK$2.2 billion worth of bottles in the first eight months of this year. Apart from our obvious proximity and our thorough knowledge of the Mainland market, wine traders based in Hong Kong can also enjoy instant customs clearance when they move the wines into the Mainland under our wine customs facilitation scheme. Hong Kong has been maintaining close relationship and partnership with major wine-producing countries and regions. The success of the fair bears testimony to the fruits, or rather vintages, of such co-operation over the years. And I understand that 11 years ago, we started with 200 exhibitors and now we have 1,075 today. We believe that our new memorandum of understanding with the Bordeaux region will further foster ties between the two places. Acting Financial Secretary James Lau gave these remarks at the Hong Kong International Wine & Spirits Fair 2018 opening ceremony on November 8. (http://j.mp/2OzFpzK)
IP Trading (Trade Marks) - Effective use of registered trade marks maximises brand value
SUPER: Intellectual Property Trading – Trade Marks Host: We can use our imagination to create countless opportunities. The sky is the limit. Creator of “B.Duck”, Mr Eddie Hui: Hong Kong is a premier intellectual property trading hub. Many Mainland and overseas buyers learned about our brand through various channels. We expand our business through trademark licensing, retail, franchising and e-commerce. Our B Duck products are now available all over the world. SUPER: B.Duck - A Hong Kong Lifestyle Brand - Trade mark registered in Hong Kong, the Mainland China and the regions in the European Union - Over 2,000 points of sales worldwide Host: The success of a brand often begins with a registered trade mark. Using trademark licensing and franchising, you can realise the commercial value of your brand and bring about immense business opportunities. SUPER: Effective use of registered trade marks maximises brand value www.ip.gov.hk Intellectual Property Department
Views: 144 IPD HKSARG
English/Nat The US government moved closer to imposing trade sanctions against Beijing on Saturday. It issued a list of Chinese imports which could incur much higher import taxes unless Beijing clamps down on alleged piracy of American films, software and music. China has already threatened to retaliate in kind against American imports if Washington goes ahead, sparking an all-out trade war between two of the world's biggest trading countries. Washington will decide after February 4th whether to impose the new tariffs, although many expect that negotiations will resolve the problem before then. The US claims that American business loses more than 800 (m) million US Dollars a year to Chinese copyright pirates. Officials say that virtually all videotapes and 94 per cent of software sold in China is counterfeit. US Trade Representative Mickey Kantor's statement said that action must be taken to protect US interests. Speaking during the week, State Department spokesman Michael McCurry outlined the US position. SOUNDBITE: "We are very concerned about instances of piracy and instances in which copyright laws here in the United States are not honoured, harming unnecessarily US industries, and we believe there is a system of rules that exist within the international trading order and as a government that wishes to enter into that trading order, China has responsibilities that it needs to meet with that respect" SUPER CAPTION: Michael McCurry - State Department spokesman For example, tens of (m) millions of fake CDs are smuggled out of southern China each year to shops around the world. Many end up either in Hong Kong or are shipped through it. The main counterfeiting centre used to be Taiwan, but a strict clampdown there over the last two years has forced the pirates to move to mainland China. However, it's estimated that half the cost of setting up in China has come from Taiwan and Hong Kong businesses. Many of the CDs are indistinguishable from the real thing: a copy of this particular product was on the Hong Kong market before the software company released it anywhere in the world. Some allege official involvement on the mainland. SOUNDBITE: "We suspect that at least some of the factories have obtained support from various Chinese government ministries either directly or indirectly." SUPER CAPTION: Ron Eckstrom, Business Software Alliance In Hong Kong the Customs Department frequently raids the shopping arcades and street-sellers for software or CDs. They say one of the best ways to hit back at the counterfeiters is for a new form of coding to be added to CD-making machines, allowing a pirated CD to be traced back to the factory. China is expected to re-licence the country's CD factories which may help solve some of the problem. SOUNDBITE: "So, as one of the requirements for re-licensing that's why they have to install the S-I-D code with their machinery. So, this is a very good move and then we hope in the future we can stop to a certain extent the Music CD piracy, might as well the CD ROM piracy." SUPER CAPTION: Ronny H. K. Tsang, Hong Kong Customs and Excise Dept If China continues this widespread faking of all types of goods, not only will the US impose new taxes on a wide range of Chinese imports, it could also continue to oppose China's entry to the World Trade Organisation. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/bbc2f7314338090bfe885277f0039635 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 671 AP Archive
CE promotes HK in Belgium (15.6.2018)
Chief Executive Carrie Lam kicked off her duty visit to Europe in Brussels yesterday, promoting Hong Kong's ties with the European Union and Belgium's business community. She met European Commission Vice President and Union for Foreign Affairs & Security Policy High Representative Federica Mogherini. Mrs Lam said since its return to the motherland, Hong Kong has successfully implemented a high degree of autonomy with the principles of "one country, two systems" and "Hong Kong people administering Hong Kong". She noted Hong Kong has close ties with the European Union, with the Structured Dialogue meeting held every year. Mrs Lam said she hopes collaboration will continue to strengthen and welcomed scientific and research institutions from the EU to develop in Hong Kong. Addressing a business luncheon, she said Hong Kong is determined to become a global hub for innovation and technology, and play an important role in the Belt & Road Initiative and the development of the Guangdong-Hong Kong-Macao Bay Area. She welcomed European companies and startups to establish a presence in Hong Kong and ride on its unique advantages to explore business opportunities in Mainland China and Asia. At the luncheon, Belgian Deputy Prime Minister and Foreign Affairs, Foreign Trade & European Affairs Minister Didier Reynders said Belgian companies continue to view Hong Kong as one of the freest economies in the world. European Trade Commissioner Cecilia Malmstrom expressed her appreciation for Hong Kong's support in strengthening the multilateral trading system and said she looked forward to working together to advocate the benefits of open global trade. In the afternoon, Mrs Lam paid a courtesy call on King Philippe of the Belgians at the Royal Palace where she updated him on Hong Kong's latest developments. She later toured Musee Margritte and told the venue's director she looks forward to collaborating with the museum to bring its art collection to Hong Kong for exhibition. Mrs Lam also called on Charge d'affaires of Belgium's Chinese Embassy Zhang Chi to thank the embassy for its support and assistance. In the evening she officiated at a cocktail event organised by Cathay Pacific Airways and the Airport Authority. (http://j.mp/2HPt4UZ)
The Asymmetric Opportunity Revealed (w/ Kyle Bass & Raoul Pal)
Kyle Bass, CIO of Hayman Capital, sits back down with Raoul Pal in order to finally reveal the opportunity that he called “the most asymmetric trade ever seen in my entire life.” Bass follows up on his earlier thoughts on China, and lays out the logic behind his thesis. He also delves into the relevant historical context, and discusses the risks to the financial system posed by an overvalued property market. Filmed on April 24, 2019 in New York. Watch more Real Vision™ videos: http://po.st/RealVisionVideos Subscribe to Real Vision™ on YouTube: http://po.st/RealVisionSubscribe Watch more by starting your 14-day free trial here: https://rvtv.io/2KFv5rA About The Interview: The smartest minds in finance sit down for incredibly deep-diving discussions. Peer-to-peer conversations between the rock stars of the financial world. About Real Vision™: Real Vision™ is the destination for the world’s most successful investors to share their thoughts about what’s happening in today's markets. Think: TED Talks for Finance. On Real Vision™ you get exclusive access to watch the most successful investors, hedge fund managers and traders who share their frank and in-depth investment insights with no agenda, hype or bias. Make smart investment decisions and grow your portfolio with original content brought to you by the biggest names in finance, who get to say what they really think on Real Vision™. Connect with Real Vision™ Online: Twitter: https://rvtv.io/2p5PrhJ Instagram: https://rvtv.io/2J7Ddlw Facebook: https://rvtv.io/2NNOlmu Linkedin: https://rvtv.io/2xbskqx The Asymmetric Opportunity Revealed (w/ Kyle Bass & Raoul Pal) https://www.youtube.com/c/RealVisionTelevision Transcript: For the full transcript visit: https://rvtv.io/2KFv5rA KYLE BASS: And so, right now, we face Brexit and I don't know what's going to happen next, but I think that back then, they engaged in a peg to try to bring some sort of stability to calm the nerves and the psyches of investors in Southeast Asia and primarily Hong Kong, because as you know, investors were thinking with Great Britain, there's a legislative democracy, there's basically financial stability, there's rule of law. They're all the things that capital needs to invest and make real investments in the sovereign of the territory. And with the idea that China might take back over sooner rather than later, the money left. And that's why they had to institute the peg. So, the UK-Chinese agreement, this British agreement 1984 stipulated or set forth the rules by which Great Britain would engage with Hong Kong in the future. And the handoff would be July 1 st , 1997. Fast forward from '84 to '92 when the US entered its Hong Kong-US Policy Act, both Great Britain and the US treat Hong Kong as its own sovereign, as long as it maintains autonomy. Autonomy in its economic affairs, and its legislative affairs and its rule of law. RAOUL PAL: What does autonomy mean? KYLE BASS: That no one else is running the show. This agreement stipulates that it is a special administrative region of China, but it'll be treated as Hong Kong as long as those things are maintained. Like, I'd love to cover that secondarily in our conversationRAOUL PAL: That's my question, what's autonomy, but yeahKYLE BASS: Yeah. The word's very important. So, when you look at today, if you just look at Hong Kong from a macro perspective, it's really important to think about what happens when you peg your currency to another. There's the pegged currency, then there's the anchor currency. The anchor currency, in this case, is the dollar. What you're doing is you're basically saying I will adopt their monetary policy. I'll adopt their yield curve. I will basically let Jesus take the wheel and let the US run my economy. Now, that works actually fairly well as long as there's a synchronicity in economic outputs, right, i.e. if the economies are working together, if one grows, the other grows, if one goes into decline, the other goes into decline. That kind of relationship actually works. If one economy is growing, while the other one is declining, and you have to import monetary policy and i.e. the same rates curve, it's a disaster for the one that's declining.
Views: 52302 Real Vision Finance
HK Aus conclude trade talks (15.11.2018)
Hong Kong and Australia announced today the successful conclusion of negotiations on a free trade agreement and an investment agreement after reaching a consensus on both. Secretary for Commerce & Economic Development Edward Yau today met Australian Minister for Trade, Tourism & Investment Simon Birmingham, who is also attending the 30th APEC Ministerial Meeting in Port Moresby, Papua New Guinea to discuss the two agreements between Hong Kong and Australia. After the meeting, they signed the Declaration of Intent to signify the successful conclusion of the negotiations. Mr Yau said Hong Kong and Australia are two like-minded economies in pursuit of free trade, adding Australia is also a very important Hong Kong trading partner. He said Hong Kong has set clear objectives in launching the free trade agreement negotiations to achieve zero tariffs for Hong Kong products to the Australian market, and to secure Australia's best free trade agreement commitments for Hong Kong services. “Our objectives are largely met with the successful conclusion of the negotiation of the very comprehensive free trade agreement and investment agreement today, thereby bringing our bilateral trade and investment relationship with Australia to a new height," Mr Yau said. He added, the two agreements encompass trade in goods, trade in services, investment and other related areas, providing Hong Kong with legal certainty and better access to the Australian market. The agreements also create business opportunities and further enhance trade and investment flows between the two places, Mr Yau said, adding Hong Kong's economy stands to benefit from the two agreements. Hong Kong and Australia expect to sign both agreements in the first half of 2019, after completion of the respective internal procedures. Mr Yau said: "To help Hong Kong enterprises and investors expand their markets, further reinforce Hong Kong's status as an international trade and investment hub and establish our worldwide network of economic and trade connections, we have been actively seeking to negotiate and forge free trade agreements and investment agreements with economies that have strong economic and trade connections with Hong Kong, markets with development potential or at strategic locations, as well as like-minded trading partners." In the past 12 months, the current term Government has signed three free trade agreements with 12 economies. It has also concluded negotiations for a free trade agreement with the Maldives. The free trade deals with Australia and the Maldives will bring the total number of such agreements Hong Kong has signed to nine, more than double the number signed prior to the current term.(http://j.mp/2ONbrse)
Grasp the opportunity     Develop IP trading
MVO: Brands, research and development and creative industries all involve intellectual property. Hong Kong has sound financial and legal systems, professional talent and comprehensive intermediary services. Intellectual property trading brings business opportunities to all walks of life. Mr Greg So SCED: Turn strengths into opportunities. SUPER: Grasp the opportunity Develop IP trading Regional EmblemCommerce and Economic Development Bureau Intellectual Property Department
Hong Kong: a gateway for Victorian business to Australia's largest Market
Mr Paul Tighe, Australian Consul General to Hong Kong and Macau, presents insights on doing business with Hong Kong and its importance to Australia and Victoria in trade and investment and as a gateway to the world's fastest growing market, China.
Enhanced regulations on animal trading to protect animal welfare
MVO: To enhance animal welfare and protect animal and public health Super: The Public Health (Animals and Birds) (Trading and Breeding) Regulations Now In Force MVO: the amended regulations on animal trading are now in force Female citizen A: The regulations state that it is an offence to sell a dog without a licence or permit from the Agriculture, Fisheries and Conservation Department Super: Licence or Permit Super: Maximum penalty: $100,000 Female citizen B: The maximum penalty has been increased to $100,000 Male citizen: Even if the dog is kept as a pet a licence or permit is required Father: Selling a dog to any person under the age of 16 is also prohibited Super: Enhanced regulations on animal trading to protect animal welfare Agriculture, Fisheries and Conservation Department Enquiries: 1823 www.pets.gov.hk Daughter: Adoption is another option
Wine customs deal augmented (18.9.2014)
Hong Kong and the Mainland signed a wine customs agreement supplement today, enhancing flexibility in wine trading. Financial Secretary John Tsang and Deputy Director of the Liaison Office of the Central Government in Hong Kong Qiu Hong witnessed the signing by Commissioner of Customs & Excise Clement Cheung and General Administration of Customs Vice Minister Sun Yibiao. The customs facilitation measures agreed to by the two sides in 2010 have applied to Hong Kong re-exporters registered with the Trade & Industry Department and importers registered on the Mainland. According to the supplement, registered wine exporters can use a web-based system for the submission of advance consignment information to facilitate clearance on arrival at designated Mainland ports. The enhanced facilitation measures take effect at designated ports in Shenzhen and Guangzhou from today. (http://j.mp/1uK0R7A)
Hong Kong ivory carvers suffer as ban nears
(10 Feb 2017) The decline of Hong Kong's once-flourishing ivory business is set to accelerate even further as plans move ahead to ban domestic ivory trading in the city and in mainland China. In the ivory carving industry's heyday in the mid-1970s, Hong Kong factories employed as many as 3,500 carvers. Today however only half-a-dozen part-time carvers are left, along with 10 to 20 full-time mammoth tusk carvers, according to Save the Elephants - thanks to an international ban on trading that was imposed in 1990 that also led to carvers switching from elephant ivory to the tusks of extinct woolly mammoths. Lai-ngan Wong started carving ivory more than 50 years ago. Now aged 77, he says the industry is pretty much dead now. Beijing plans to start shutting China's ivory carving factories and shops by March and ban local sales by the end of 2017. Hong Kong's blueprint would end local trading by 2021. Those moves are raising pressure on European countries to do the same. Researchers say Hong Kong is the world's biggest retail ivory market. It's also a hub for illicit trading of all sorts of endangered wildlife. Customs officers make regular busts of illegal shipments of ivory, rhino horns and pangolin scales destined for the Chinese mainland. The crackdown on ivory is driven by concern over mass slaughter of Africa's elephants to meet demand from China, the world's biggest ivory consumer. According to one recent study, the continent's savannah elephant population fell 30 percent from 2007 to 2014, to 352,000. Chinese traditionally have prized ivory carved into bracelets, chopsticks and figurines. Rising demand from the country's growing middle class has driven up prices, earning it the nickname "white gold." A one-off auction of African ivory to Japan and China in 2008 also unintentionally helped fuel demand. Hong Kong has 72 shops whose licenses to sell ivory were obtained before the 1990 ban, according to a 2015 survey by Save the Elephants. Most buyers are mainland Chinese, who smuggle it back home, it found. There are also about 450 legally registered ivory traders in the city, the group found. Activists suspect some traders use their legal stockpiles to "launder" illegal ivory. They worry that the four-year gap between the enforcement of China's ban and Hong Kong's could encourage this. The problem "will be even more serious because as China is squeezing out its domestic trade, Hong Kong is still having an open market," said Cheryl Lo, a wildlife crime officer at the World Wildlife Fund. Traders in mainland China could be targeting Hong Kong to liquidate their stock or to ship it to other markets such as Myanmar, Laos, Vietnam and Thailand, which have fewer restrictions, she said. Hong Kong's traders say five years is not enough time to sell off their inventory. They want compensation if they have to give up their 75-ton stockpile of legally registered ivory worth billions of dollars. Officials have indicated that's not an option. Wong's employer, Daniel Chan, managing director of Lise Carving and Jewellery, says he doesn't know anything about illegal ivory. Chan's workshop is filled with hundreds of unsold shrink-wrapped ivory carvings of dragons and Buddha figurines. Department stores stopped selling Chan's ivory on consignment after protests by conservation groups, he complains. He denies the ivory industry is responsible for elephant deaths in Africa, despite clear evidence that poaching is the main factor. The ebbing ivory trade mirrors the decline of other crafts that once helped define Hong Kong's identity but have been pushed out by changing tastes, rising rents and new technology. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/381dde2d17e8675d07e465fb2bde5c44 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 550 AP Archive
Hong Kong FS signs CEPA upgrade
Financial Secretary John Tsang signed the 10th supplement to the Mainland & Hong Kong Closer Economic Partnership Arrangement, or CEPA, today. He signed the deal with Vice Minister of Commerce Gao Yan at the Central Government Offices in Hong Kong. It provides for a total of 73 services liberalisation, and trade and investment facilitation measures. It brings the total number of liberalisation measures for trade in services under CEPA to 403. Mr Tsang said among the supplements made since the signing of CEPA in 2003, Supplement X contains the greatest number of measures. "Some of the measures are more liberal than those contained in recent supplements and some have been longed by the trades for a long time." The measures further relax market access conditions for 28 services sectors, such as legal, banking, securities, telecommunications and construction, which are already benefiting from CEPA and previous supplements. The measures will be implemented in January. On the financial side, the Mainland has agreed to study mutual recognition of fund products between it and Hong Kong, and support qualified Hong Kong insurers to take part in compulsory traffic accident liability insurance business on the Mainland. To facilitate trade and investment, the Mainland will strengthen co-operation in the areas of commodity inspection and quarantine, food safety, quality and standardisation, and intellectual property protection. The Trade & Industry Department said CEPA is the most liberalised free trade agreement signed by the Mainland and Supplement X has included various additional liberalisation measures covered in the services agreement signed by the Mainland and Taiwan in June. It said the various new measures will enable Hong Kong services industries to develop the Mainland market, and are conducive to the continued economic co-operation and development of the two places. The Central Government has pledged to basically achieve, through CEPA, liberalisation of trade in services between the Mainland and Hong Kong before the end of the National 12th Five-Year Plan period. The signing of Supplement X to CEPA marks a further step towards this goal, the department added. Details on CEPA are available on the department's website.
Views: 340 Johnson W K Choi
Boosting HK's IP regime (7.12.2017)
Chief Executive Carrie Lam: As IP becomes more and more important to us all, so too do the standards and the regulations that govern its creation and commercialisation. In Hong Kong, we are enhancing our IP regime to meet the needs of society and the global economy. We are, for example, developing an original grant patent system to support Hong Kong's rise as a regional I&T hub. We are working to implement the international trademark registration system, under the Protocol Relating to the Madrid Agreement Concerning International Registration of Marks. This will save companies time and money in obtaining and managing their international trademark registrations. My Government, taking on the role as a facilitator and a promoter, will also take forward various measures to strengthen Hong Kong's position as the IP trading nexus in Asia. We hope that these efforts will build a more solid ground for Hong Kong to drive the development of innovation and technology. (http://j.mp/2AjQL8Q)
Greg So seeks ASEAN trade pact views (16.6.2014)
Secretary for Commerce & Economic Development Gregory So met with local business groups today to seek their views on a proposed Hong Kong - ASEAN free trade agreement. Speaking to representatives from the Chinese General Chamber of Commerce, the Chinese Manufacturers' Association of Hong Kong, the Federation of Hong Kong Industries, the Hong Kong Chinese Importers' and Exporters' Association, and the Hong Kong General Chamber of Commerce, Mr So said such an agreement would boost the city's economic growth by allowing its goods, services and investments to access a larger market. "Forging a free trade agreement with ASEAN contributes to regional economic integration, which is beneficial to maintaining and enhancing Hong Kong's international profile and its role as a regional trading hub, as well as a gateway for trade and investment between ASEAN and the Mainland," he said. The Trade & Industry Department is currently consulting the public on the topic, before the Government commences formal negotiations with ASEAN in July. (http://j.mp/1jxV8cI)
WRAP Stocks open lower as US bailout deal falters, HK, Taiwan
SHOTLIST Tokyo, Japan 1. Pan from Tokyo Stock Exchange trading floor to markets board 2. Wide top shot of Tokyo Stock Exchange floor 3. Various of markets board Seoul, South Korea 4. Wide of Korea Exchange with computer screen 5. Close-up of screen reading KOSPI 6. Mid of screen showing decline in stock index 7. SOUNDBITE: (Korean) Lee Rommel, Manager of Retail Research Department of Goodmoring Shinhan Securities: "There's a point of view that US economic stagnation could cause a greater South Korean economic slump from now on, so there's great possibility that the market will fall for the next year and a half." 8. Mid of KOSPI (written in Korean) screen showing decline 9. Mid of employees 10. Tilt down of electronic board 11. Moving graph showing decline in stock index Taipei, Taiwan 12. Wide of pedestrians passing through screen board showing stock indexes 13. Close-up of screen showing decline in stock indexes 14. Various of customers reading indexes through computer screen 15. Customer reading indexes in front of screen board 16. Various of electronic boards showing decline in stock indexes Beijing, China 17. Wide of stock trading centre 18. Mid of people looking at bulletin board 19. Various close ups of bulletin board 20. Stock chart showing dramatic fluctuation of stocks Hong Kong 21. Various of Hong Kong Stock Exchange trading floor 22. Various of traders on trading floor 23. Electronic display board showing decline in Hang Seng Index 24. SOUNDBITE: (English) Howard Gorges, Director, South China Brokerage: "We opened a little bit lower, but it didn't take long for the market to slide down about one per cent. People are nervous about the bailout proceeding on Wall Street, and Hong Kong tends to worry more about what goes on on Wall Street than they do even in America sometimes." 25. Various of electronic display board showing share prices STORYLINE: Most Asian markets edged lower on Friday following the concern that faltering negotiations in Washington may sabotage a bailout plan to stabilise the US financial system, which could affect international markets. Japanese shares opened lower with the benchmark Nikkei 225 index dropping 23.19 points, or 0.19 percent, to 11,983.34 in the Friday morning session, compared to 12,006.53 at Thursday's closing. The broader Topix fell 0.86 points to 1,154.81. The government announced on Friday that Japan's core inflation rose sharply in August, climbing for the 11th straight month on higher prices for fuel and food. The core consumer price index, which excludes fresh food prices but includes those for energy, jumped 2.4 percent from a year earlier, according to the Ministry of Internal Affairs. The result matches last month's figure, which was the fastest pace of increase since October 1997, when the core consumer price index also rose 2.4 percent. The data underscore that higher prices continue to hamstring the world's second-largest economy amid an almost certain recession. South Korean stocks also fell, sparked by the collapse of US investment bank Lehman Brothers Holdings Incorporated. The benchmark Korea Composite Stock Price Index (KOSPI) fell 3.32 points, or 0.22 percent, to 1,498.31 in the first 15 minutes of trading, according to Yonhap news agency. On Thursday, South Korean markets rose on reports of a 700 (b) billion US dollar plan to bail out financial companies, but the deal broke down on Thursday night amid a revolt by the Republicans. The conservatives are now proposing an alternative plan to rescue shaky financial institutions - a package of tax breaks and a new government-sponsored insurance programme for mortgage-backed securities. The decline in Hong Kong's stock market on Friday was 1.5 per cent. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/9ab93ee9927459007408695b750b3eab Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 19 AP Archive
NTT: Hong Kong is an ideal location for data centres
Information and communications technology (ICT) giant NTT group operates more than 140 data centres globally. The centre in Hong Kong was the first one set up outside Japan. Companies in the international business hub of Hong Kong have a keen demand for secure and reliable ICT solutions. This creates huge opportunities for NTT. Hong Kong’s deep talent pool in technology, well developed information infrastructure and high security make it a perfect location for data centres. “Think Global, Think Hong Kong” was held in Tokyo on 1 Nov 2018 by the Hong Kong Trade Development Council. This free-of-charge symposium will explain how Japanese businesses can profit from engaging with Hong Kong. Speaker: Hideaki Ozaki, President & CEO, NTT Com Asia Limited Related Links: Think Global, Think Hong Kong http://www.thinkglobalthinkhk.com/ Hong Kong Trade Development Council http://www.hktdc.com NTT Data Centre https://www.hk.ntt.com/
Views: 131 HKTDC
General inspection & Audit in Hong Kong - Ghita's testimony
Ghita joined General Inspection & Audit in 2015. She’s part of the Asia-Pacific audit team, in Hong-Kong, after a first experience in Paris. “Cultural differences are always a challenge, but it also gives great opportunities to work with more than 20 nationalities”.
Views: 1737 Natixisvideos
HK and Seoul markets open lower after snow crisis, new year
SHOTLIST Hong Kong 1. Wide pan of trading floor at Hong Kong Stock Exchange 2. Various of traders 3. Set up shot of Anthony Espina, Managing Director of Goldride Holding Limited 4. SOUNDBITE (English) Anthony Espina, Managing Director of Goldride Holding Limited: "Today's market was a little bit weak. It opened down about 200 points. The problem of course is that the US market is not open yet, number one. The Chinese market is also not open, and many of the Chinese shares have suffered mainly because of the problems, the snow problems in central China, particular Chinese insurance companies." 5. Various of screen displaying Heng Seng Index 6. SOUNDBITE (English) Anthony Espina, Managing Director of Goldride Holding Limited: "I think we saw the bottom of the market at 21,700. We expect the market to fluctuate between 22 and 27 (thousand) in a short term. Possibly after March, after the first quarter results are in, we should expect the market to be up to about 30-thousand and hopefully there's a good chance of getting to 34-thousand this year." 7. Wide of trading floor Seoul, South Korea 8. Various of stock board with computer screen showing sharp fall at South Korea Stock Exchange 9. Various of stock and bonds department at South Korean Stock Exchange 10. Wide of screen showing fall in stocks 11. Wide pan from the stock and bonds department to board STORYLINE Asian markets opened lower on Monday, showing a sharp decline after closing for the Chinese Lunar New Year holidays. Hong Kong blue chips opened lower on Monday, with the Hang Seng Index opening down 64.72 points or 0.3 percent at 23,404.74. But experts said that many external factors played a part in the markets' decline, including the heavy winter storms which hit mainland China earlier in the week. "The problem of course is that the US market is not open yet, number one. The Chinese market is also not open, and many of the Chinese shares have suffered mainly because of the problems, the snow problems in central China, particular Chinese insurance companies," Anthony Espina, Managing Director of Goldride Holding Limited, told AP Television. Vicious winter weather has ravaged southern and central China, where the worst snow and ice storms in 50 years led to at least 60 deaths and (b) billions of US dollars (euros) in economic losses, according to the official count. Espina said Hong Kong shares will continue to fluctuate. Also on Monday, South Korean shares opened sharply lower after the three-day holiday. The benchmark Korea Composite Stock Price Index fell 53.87 points, or 3.18 percent, to 1,642.7 at early stages. On Friday, the Dow Jones industrial average, which rose in earlier trading, fell more than 60 points, while the Nasdaq composite index managed a gain. Both ended the week down more than 4 percent, however, and it was the Dow's worst week, percentage-wise, since March 2003. The local currency was trading at 945.9 won to the US dollar in the morning - down 4.2 won from Tuesday's close. Financial markets were closed on Monday in China, Japan, Taiwan and Vietnam. All markets, apart from China, are expected to reopen for trading on Tuesday; trade on Chinese markets resumes on Wednesday. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/6cfc85e7d9c9c5270ce0d72b6bf7a8d3 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 25 AP Archive
Hong Kong Protect Baby Formula Supply from Mainlanders
As the Chinese New Years travel season gets underway, health conscious Mainlanders are making last minute trips to Hong Kong. They are there for something you might not expect—baby milk formula. The melamine-tainted milk scandal that sickened hundreds of thousands of babies is still fresh in the public conscious. So, the demand in China for safe, regulated milk powder from Hong Kong has skyrocketed. The only problem--Hong Kong babies are going hungry. Smugglers have flooded the city. They're buying up baby formula tax-free and selling it for big profits in the mainland. [Lai Tung-Kwok, Secretary for Security]: "In view of the latest situation, the Customs and Excise Department, and their Shenzhen counterpart, have, with immediate effect, have further strengthened its enforcement efforts by launching a joint, anti-smuggling operation among daily commodities, especially baby formula." Passengers travelling between Hong Kong and Mainland China by train will now be limited to only 50lbs of luggage, down from 70. They're also now limited to just four pounds of milk powder per trip. It's gotten so bad that Hong Kong citizens are even petitioning US President Barack Obama for help. But local distributers are also doing their part to help. [Teddy Li, Taylor Dispensary Limited Staff]: "We try our best to differentiate between the local customers - people who really need the products - and parallel traders. Usually the parallel traders ask for many brands and many types. We just tell them we have no stocks left. We want to take care of the local users." The Year of the Snake, which officially begins on the Chinese New Years on February 10th, will see many convenience stores and shops closedown over the weeklong holiday. For more news and videos visit ☛ http://ntd.tv Follow us on Twitter ☛ http://twitter.com/NTDTelevision Add us on Facebook ☛ http://on.fb.me/s5KV2C
Views: 4450 NTDonChina
HK connects financial markets (22.06.2015)
A premier capital formation centre, Hong Kong is one of the world's largest markets for initial public offerings. Last year, our stock market raised $233 billion through IPOs, second globally, just behind the United States. More than 1,700 companies are listed in Hong Kong, including Mainland and overseas companies. They are here because of Hong Kong's market liquidity and our access to global investors. They are here also because Hong Kong offers the combined advantage of "one country" and "two systems". Today, Mainland companies account for more than 60% of our market capitalisation. One of the highlights of the past year must be the preparation for, and then the launch of, Shanghai-Hong Kong Stock Connect. The go-ahead given by the Central Authorities in Beijing amidst the disturbance of Occupy Central is the ultimate proof of their trust and confidence in Hong Kong in the handling of the unprecedented challenge to law and order. I take this opportunity to thank the Central Authorities. I thank also Hong Kong Exchanges & Clearing for working with the Government during the weeks of anxiety before we got the final green light. I remember the many meetings with Chung Kong – CK, and Charles, including one that CK was asked to join in Government House straight from the airport after a long flight from Europe. Groundbreaking connection Shanghai-Hong Kong Stock Connect has indeed taken our super-connector role to new heights. It is groundbreaking too. It has opened the Mainland stock market as never before. It enhances co-operation between the Hong Kong and Shanghai stock markets by expanding their sources of investment; it also boosts their competitiveness. It proves again that both cities can work together for mutual benefits, and the game is not zero-sum. And there is more. Stock Connect is promoting the gradual opening of the Mainland's capital account and the internationalisation of the renminbi as an investment currency for global investors. Stock Connect has been running smoothly. And it's just the beginning. A similar link with Shenzhen will follow. Global expansion Just last month, FTSE announced that it would include Mainland A-shares in its global benchmarks. Such a move will enable global investors to gain wide exposure to the A-share market. It will also benefit our financial intermediaries, those who provide services to global investors entering the A-share market through Hong Kong. Mainland connectivity is only part of our strategy. We set our eyes also on market players from the rest of the world. HKEx now owns the London Metal Exchange, LME, in the UK, the world's largest premier base metals market. HKEx now enjoys a global leadership position in base metals futures and options trading through the LME. In April, with the Government's full support, HKEx's four clearing houses were recognised by the European Securities & Markets Authority as third-country central counterparties to offer clearing services to European financial institutions. This ensures that European banks and other financial institutions will continue to participate in our markets. The recognition is also testimony to the high standards of Hong Kong's financial market intermediaries. Beyond Hong Kong's well-established equity and equity derivatives business, our super-connector role extends to the commodities market. Last December, HKEx launched its first Asia commodities futures contracts, referenced to the global reference price of the LME. Hong Kong is in an excellent position to satisfy Asia's appetite for trading in commodity futures, particularly demand driven by the Mainland. Looking ahead, "One Belt, One Road" and the Asian Infrastructure Investment Bank, AIIB, promise us huge opportunities as a fundraising hub and provider of financial services. I'm thinking of international investment, cross-border trade settlement, Renminbi bond issuance, asset and risk management services, corporate treasury services, and more. Hong Kong has a powerful competitive edge in these areas, and we stand to benefit from the grand initiatives of "One Belt, One Road" and AIIB. We will, as well, continue to develop Islamic finance in Hong Kong, given the many Muslim countries along the Belt-Road way. Just last month, the Government successfully offered a second sukuk, with an issuance size of US$1 billion over a tenor of five years. There would be more to come, I believe, when Hong Kong expands its role in Islamic finance. (http://bit.ly/1JdSKcK)
HK boosts ties with Belgium, UK (15.9.2011)
Chief Executive Donald Tsang says he has met the Prime Ministers of Belgium and Britain in a bid to strengthen ties with their countries, and has urged their enterprises to make use of Hong Kong's financial platform and work with it in the finance, trading, education, innovative technology and creative industries. (http://j.mp/oD7dTe )
【Hong Kong Walk Tour】Tai Kok Tsui - walked with a friend (大角咀)
This episode is walking in Tai Kok Tsui (大角咀) district, https://goo.gl/maps/gyMtpgG9qDn If there were no hotels, then it is hardly to have tourists visit this area. I had a youtube friend who came with me this time, and we chat during the walk tour in Cantonese, however, at time code 4:52 and 1:01:39 I made English commentary. ------------------------------------------------------------- HongKongMap: https://drive.google.com/open?id=1WYNIMCZR-hA81nPH8_EpUMcOkNs&usp=sharing
Views: 9070 hongkongmap
Hong Kong International Printing & Packaging Fair
Organised by the HKTDC and CIEC Exhibition Company (HK) Limited, Hong Kong International Printing & Packaging Fair takes place at the AsiaWorld-Expo (AWE), allowing the printing & packaging industry to showcase its expertise and customer service to buyers from around the world. The tremendous range of international suppliers and manufacturers offer competitive prices and top-quality services, enabling buyers to wrap up beneficial trading partnerships. http://interpretenachina.com/
Views: 1316 Theo Santana
HK fosters ties with Indonesia (25.4.2018)
Secretary for Commerce & Economic Development Edward Yau said the mission of his visit to Jakarta is to foster trade and investment ties between Hong Kong and Indonesia. Speaking at a media session after meeting Indonesian President Joko Widodo today, Mr Yau said such a relationship between the two places is premised on three major platforms. He said first, Indonesia is a major market and business partner of Hong Kong because of its population of more than 200 million people and also its economic strength. “I would also describe that in our bilateral meeting between your President and our Chief Executive, we highlighted the tremendous potential for this bilateral relationship to grow as Indonesia continues to prosper and also Hong Kong serving as the regional hub for this region, in particular, for Indonesia.” Second, there is a strategic relationship between Hong Kong and Indonesia due to the signing of the Free Trade Agreement between Hong Kong and the Association of South East Asian Nations. Mr Yau said the third platform is the Belt & Road Initiative, which connects Hong Kong, Indonesia and other countries. “In the Belt & Road Initiative, there will be a lot of connectivity between governments. One of the areas which is being advocated under the Belt & Road Initiative is policy co-ordination. It requires government-to-government networking, and that’s why it’s important for the Hong Kong Government to reach out and to establish an even closer relationship with a partner like Indonesia.” He added the bilateral meeting also covered infrastructure development, city management and synergy within the business sector. (http://j.mp/2FiNMLp)
Asian markets open after weekend break; HK, Beijing, SKorea
SHOTLIST Hong Kong 1. Wide of Hong Kong Stock Exchange trading floor 2. Mid of Hong Kong Stock Exchange trading floor 3. Trader talking on phone 4. Wide of stock data electronic display board 5. Mid of stock data electronic display board 6. Close-up of stock data electronic display board 7. Sign showing Hang Seng Index shortly after morning opening at 19,597.16, up 269.43 points 8. SOUNDBITE (English) Francis Lun, General Manager, Fulbright Securities: "I think it will continue to be a volatile market. I think the US Fed rescue package gave the market a floor, and I think the market will not fall back to the 16-thousand level, but because of the worry over the economy, the US economy, and the cost of rescue, I don't think the market is ready for a bull run just as yet, so we will still be trading at around 20-thousand." 9. Various of traders on Hong Kong Stock Exchange trading floor 10. SOUNDBITE (English) Francis Lun, General Manager, Fulbright Securities: "The US dollar should weaken against major currencies." 11. Wide of Hong Kong Stock Exchange trading floor Beijing, China 12. Wide interior of a Beijing stock trading centre - people seated in front of information screens 13. Mid of man watching 14. Pan from people to screen 15. Screen showing 8.57 point gain in trading so far this morning 16. Mid of screen 17. People watching screen 18. Wide of screen Seoul, South Korea 19. Tilt-down from top of Korea Exchange to screen 20. Close-up of KOSPI screen 21. Pan of computer screens 22. Close-up of moving screen 23. Set up of analyst 24. SOUNDBITE (Korean) Kim Hak-kyun, Equity Strategist of Investment Strategy Department of Korea Investment and Securities: "The US has not stuck with the obsolete method of leaving problems to be dealt with by the market, but quickly made practical plans to help supply mobility. This appears to help US market stability and Asian markets turnaround." 25. Various of screen STORYLINE Most Asian markets extended their gains on Monday after the US government proposed a US 700 (b) billion plan to rescue banks from (b) billions of dollars in risky mortgage debt. Hong Kong stocks jumped at market opening on Monday, but quickly dropped gains through morning trading. At 10 am (0200 GMT) Hong Kong's benchmark Hang Seng Index rose more two per cent, climbing more than 500 points, but did not hit the 20,000 mark before retreating. The index at market opening was 19,869.02. But within minutes after trading started, the Hang Seng Index had lost nearly half of its opening gains. "I think it will continue to be a volatile market" said Fulbright Securities General Manager Francis Lun on Monday morning. The cost of the US bailout might constrain chances of growth, and that might mean Hong Kong's shares do not continue to rise fast, according to Lun. "I think the US Fed rescue package gave the market a floor, and I think the market will not fall back to the 16,000 level, but because of the worry over the economy, the US economy, and the cost of rescue, I don't think the market is ready for a bull run just as yet", Lun said. After posting big gains late last week because of Chinese government moves to protect banking related funds, the Chinese stock index kept the positive momentum. At mid-morning prices in the markets were up more than eight percent. Last week's heavy losses and bankruptcies on Wall Street shook bank funds in China because some banks there are heavily invested in US banks - including Lehman Brothers. Moves reducing taxes on trades introduced by the Chinese government seem to have restored confidence. Markets also rallied in Japan and Australia. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/628b97fb897630b799a4a4a9a1d8b205 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 20 AP Archive
Electrical Contractor Licence Registration in Maharashtra l Suraj Laghe
#electricalcontractor is one of the best career option because, no doubt now a days our modern life runs on electricity. We need man and mind power to run this electric supply smoothly. This article will help you to get your Electrical Contractor Licence in Maharashtra If you face any issue related with registration of electrical contractor licence in maharashtra, please contact with our Subscriber: Mr. Nadeem Saudagar: https://slaghe.blogspot.com/2018/09/electrical-contractor-registration-in.html Thank you so much for your love and support. ►Call Me https://imjo.in/yMxzaT ►Like Us on Facebook https://www.facebook.com/surajlaghe ►Follow us on Twitter https://twitter.com/surajlaghe ►Follow us on Instagram https://www.instagram.com/surajlaghe ►Follow us on Google+ https://plus.google.com/+SurajLaghe
Views: 30230 Suraj Laghe
HK inventors shine on world stage (5.4.2019)
The International Exhibition of Inventions of Geneva is one of the largest and most prestigious innovation shows in the world. Hong Kong innovators frequently come away with prizes from the annual expo. In 2018, the Hong Kong Design Institute and the Hong Kong Productivity Council scooped awards for their outstanding inventions and now the Productivity Council is preparing to enter this year’s exhibition which will run from April 10 to 14.(http://bit.ly/2FTLy7F)
CE promotes HK in London (22.9.2017)
Chief Executive Carrie Lam continued her London visit yesterday by speaking at the Think Asia, Think Hong Kong symposium. Organised by the Hong Kong Trade Development Council, the event showcased Hong Kong's business services advantages for UK companies seeking opportunities in Asia. More than 1,000 people from the political and business sectors attended. Mrs Lam attended the event with Secretary for Commerce & Economic Development Edward Yau and Secretary for Financial Services & the Treasury James Lau. Addressing the event, she said Hong Kong is the preferred location for doing business in Asia for enterprises worldwide and welcomes British partners to explore new business opportunities in the region. "The unique advantages that Hong Kong enjoys under 'one country, two systems' and our very strong commercial links with the mainland of China, naturally, make us the preferred location for doing business in Asia. "Being the country's most international city, not only can Hong Kong benefit from the advantage of 'one country' and the convenience of 'two systems', it can also serve as a hub for international trade and investment in the (Guangdong-Hong Kong-Macao) Bay Area. "Fully leveraging its unique position as international, financial, transportation and trading centres, a global offshore renminbi business hub and an international assets management centre, Hong Kong will become a platform connecting the bay area with the rest of the world, bring in foreign businesses and investment, and join hands with Mainland companies to go global." Mrs Lam then met First Secretary of State and Minister for the Cabinet Office of the UK Damian Green and Secretary of State for International Trade Liam Fox at the Prime Minister's Office. Mrs Lam said Hong Kong continues to strengthen its status as an international business and financial centre thanks to the successful implementation of "one country, two systems" and the support of the Mainland. With the rule of law and judicial independence, a clean and efficient Government, a fair business environment and a rich pool of talent, Hong Kong continues to stride forward, she added. Hong Kong and the UK have strong and long-standing ties and are close trading and business partners, she said, welcoming the Strategic Dialogue on Trade Partnership agreed by both sides to further study the strengthening of bilateral trade. She said she looked forward to closer collaboration with the UK in the areas of art and culture, and innovation and technology. Mrs Lam also attended a luncheon hosted by the All Party Parliamentary China Group at the House of Commons to discuss housing, urban planning, smart city initiatives and heritage conservation. She then met awardees under the Hong Kong Scholarship for Excellence Scheme who are studying in the UK. Mrs Lam said her administration attaches great importance to young people and will provide more opportunities for them by developing a diversified economy. She encouraged the attendees to return to Hong Kong after graduation to contribute to the community. Mrs Lam and Mr Yau later toured the Victoria & Albert Museum and an exhibition at the London Design Festival. They also called on Chinese Ambassador Liu Xiaoming to thank the Chinese embassy for helping Hong Kong people in the UK. (http://j.mp/2jR2DHP)
Swapit - Buy and Sell Second Hand Items in Hong Kong
Swapit is a free buy & sell app for Hong Kong! Get it here: http://swapit.la
Views: 26094 s4bb
LME bolsters HK's connector role (24.4.2014)
Hong Kong is an international financial centre in the Asian time zone. We also serve as the financial connector linking the Mainland with the rest of the world. Given the development of emerging economies in Asia, in particular Mainland China, commodity trading is an increasingly important element of the financial trading mix in our region. (http://j.mp/1ihwZex)
Hong Kong - Liquidation of investment bank
T/I: 10:00:30 Hong Kong share prices dived 8.7 percent Monday (12/01) amid rising interest rates and fears over the liquidation of independent investment bank Peregrine Investments Holdings plc, dealers said. Peregrine, at one time Asia's biggest independent investment bank, lodged an application for liquidation shortly after the market closed. SHOWS: HONG KONG 12/01 Exterior Hong Kong Stock Exchange, Trading floor, Opening bell ringing, Traders, Hang Seng Index share price, VS stock exchange, VS Q-Tech Holdings Ltd board of directors posing for flotation photo; SOT John T.M. Lam, "It's having an effect (the Peregrine crisis) but we have to look to the long term."; VS South China Morning Post headline warning of imminent liquidation of Peregrine, VS security at Peregrine offices, Peregrine workers arriving; SOT Andrew Ballingal, Chief Strategist at investment bank Schroders: "I think that it (the liquidation of Peregrine) adds to the general of uncertainty in the markets, there'll be practical effects from the unwinding of inventories if the business doesn't continue and removal of what people had regarded as a stable institution.", Hong Kong scenes. 2.37 You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/76ef0c0974536caa6f989f5e2d932ded Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 85 AP Archive
Quality Migrant Admission Scheme - Seize the opportunity to create a bright future
Tang Wei: There is a door called "Opportunities" Super: Opportunites (in different languages) Super: Tang Wei Famous actress Quality Migrant Admission Scheme talent Tang Wei: There is a door called "Connections" Super: Connections (in different languages) Tang Wei: There is a door called "Ideal Home" Super: Ideal Home (in different languages) Tang Wei: Hong Kong is a perfect place for talents to develop Chow Chung Kong (in Cantonese): Seize the opportunity to create a bright future here! (in subtitle only) Super: Chow Chung-kong Chairman, Advisory Committee on Admission of Quality Migrants and Professionals Allan Zeman: Come and join us! Super: Dr. Allan Zeman Leading Hong Kong entrepreneur Tang Wei: Quality Migrant Admission Scheme Super: Immigration Department Logo Quality Migrant Admission Scheme www.immd.gov.hk Tang Wei: Invite the ones you know to join us!
HK-ASEAN trade pact to be signed (13.5.2017)
Secretary for Commerce & Economic Development Gregory So said Hong Kong will sign a free trade pact with the Association of Southeast Asian Nations by the end of this year. Speaking to the media after attending a radio programme today, Mr So said ASEAN is Hong Kong's second-largest trading partner. "The Hong Kong – ASEAN Free Trade Agreement negotiation is progressing very well. We almost completed the negotiation on the major items. It is our plan that the agreement will be entered into by the end of this year. "The other economies will also have to follow the domestic agenda and procedures, before we will be in a position to sign this together. There are 10 countries involved plus Hong Kong, so time must be allowed to finish complying with all these procedures," Mr So said. (http://j.mp/2qcN0M6)
Cantonese/Nat Hong Kong's independence from China may be coming to an end, but illegal immigrants flooding in from the mainland will remain just that -- illegal. As long as Hong Kong remains a major Asian trading centre, poor workers will continue to be attracted to its promise of wealth. APTV went on patrol with the policemen entrusted with stemming the tide of immigrants. On duty, the men of the Rural Patrol Unit. Armed with standard-issue revolvers as well as sturdy walking sticks, they check abandoned army huts for "II's" -- illegal immigrants. Fifty-year old Sergeant Cheung Fan-wan has been in the Hong Kong police force for more than 30 years but he's never worked a beat among the glass towers and neon lights most people associate with the city. Instead, he's been patrolling the New Territories, the sprawling region separating urban Hong Kong from mainland China. SOUNDBITE: (Cantonese) "Once across the border from China into Hong Kong, there are a lot of empty huts in the mountains,which were used by soldiers in the past and the illegal immigrants now use them for shelter." SUPERCAPTION: Sgt Cheung Fan-wan Aside from their standard-issue service revolvers, the officers are armed with sturdy walking sticks. Each day they visit around a dozen villages in the New Territories and more often than not they get to them on foot. They've become friends with the people that live here -- mainly elderly folk who cling to a traditional lifestyle. Eighty-eight year-old Chiv Kiv Chan has lived in the village of Tin Liu Ha most of her life. She speaks Hakka, a common local dialect which Sergeant Cheung and his men have learnt to speak. On the relaxed New Territories, beat officers pass the day chatting with locals -- often gaining valuable clues to where illegal aliens may be hiding. SOUNDBITE: (Hakka) "I think the police are very good. Since they began, they have protected us and there are fewer problems. Things are safer. There are fewer II's now." SUPERCAPTION: Chiv Kiv Chan, villager The Rural Patrol are all that remains of a once 100-strong force. Their mission is as old as the British lease on the New Territories. But with sovereignty soon to be returned to China, there's no guarantee these men will be replaced once they retire from duty. SOUNDBITE: (Cantonese) "Er... it is very difficult to say anything concerning the handover, because we don't know what will happen. But within the police service we still have to continue working. I don't think the nature of our work will change." SUPERCAPTION:Station Sgt Cheung Man-tak Last year the Rural Patrol Unit caught 200 illegal immigrants. But a lot of their work is more mundane. This villager wants the police to stop passers-by picking fruit from her trees. The officers assure her they will do what they can -- establishing good relations with the villagers ensures they'll always be provided with information about illegal immigrants. SOUNDBITE: (Cantonese) "Every day we go into the villages and talk to the people. They give us information and news and we get a real understanding and insight into their daily lives." SUPERCAPTION:Station Sgt Cheung Man-tak In this tea room the talk is of bee-keeping and II's. It's hardly the sharp end of policing, but for decades these country cops have earned the respect of their city cousins for their effectiveness in enforcing the colony's immigration laws. It remains to be seen whether China will chose to build on the experience and goodwill they've built up over the years. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/b4d7cd537d13d7eed442e5d731b8a963 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Views: 590 AP Archive
Hong Kong Law change to boost consumer protection
Hong Kong Law change to boost consumer protection - The Trade Descriptions (Unfair Trade Practices) (Amendment) Ordinance 2012, which extends coverage from goods to services and specified unfair trade practices, will come into effect on July 19. Commissioner of Customs & Excise Clement Cheung outlined the ordinance at a press conference today. He said the Government is committed to protecting consumer rights and establishing an effective regime where consumers and businesses can trade fairly with confidence. He said the objectives of this ordinance are twofold - to enhance consumer protection, and to create a good business environment and a platform for fair competition so honest and law-abiding businesses can thrive. Under the amended legislation, six types of unscrupulous trade practices will be prohibited - applying false trade descriptions of goods and services; misleading omissions; aggressive commercial practices; bait advertising; baiting and switching; and, wrongly accepting payment. Investigation priorities will be set to deal with cases under the ordinance by taking into account the identified risks, the complaints received and making the best use of enforcement resources. He said a higher priority is generally accorded to a case involving conduct that has significant public interests or concerns, a repeated and intentional conduct engaged by a trader or a trading industry, or conduct that causes significant financial loss to consumers. While the Customs & Excise Department is the principal agency responsible for enforcing the ordinance, concurrent jurisdiction is conferred on the Communications Authority to enforce sections in relation to the commercial practices of licensees under the Telecommunications Ordinance and the Broadcasting Ordinance that are directly connected with the provision of telecommunications or broadcasting services.
Views: 294 Johnson W K Choi
HKU KE Videos - Hong Kong Seeks to Update Animal Welfare Laws to International Standards
A 2010 review of animal welfare legislation done by The University of Hong Kong highlighted inadequacies in Hong Kong's out-of-date animal protection laws and recommended a more humane approach in line with international guidelines and practices. While it is a long, complicated process to amend laws, the 2010 review has received widespread support for the introduction of an animal welfare-friendly policy reflecting the authors' recommendations. More at http://www.ke.hku.hk/eng/links/video
Views: 783 hkukeoffice
Trade pact to boost HK-ASEAN ties (17.9.2015)
Chief Executive CY Leung It's a great pleasure to be here, on my first official visit to Indonesia. I've certainly picked the right reason, the right time, and the right place to be in Indonesia. Over the next three days, the Hong Kong Trade Development Council's ambitious In Style • Hong Kong promotion will showcase the best of Hong Kong in two high-powered, highly appealing, areas: our smartly styled lifestyle products and our internationally in-demand business services. And what better place to do so than Jakarta, Indonesia's business, cultural, creative and political capital. Indeed, Jakarta is a rising global powerhouse buoyed by a surging economy and an ambitious, increasingly brand-conscious population. That's why we're here with In Style • Hong Kong, a brand and services promotion counting more than 180 Hong Kong companies. Together, we can help satisfy your consumer and your business services' needs, wants and wishes. While this year's In Style • Hong Kong may be new, it arrives as a high-profile expansion of the HKTDC's Lifestyle Expo in Jakarta, which took place here over the previous three years. And when it comes to doing business, Hong Kong and Indonesia have a long and mutually rewarding history. Last year, our total merchandise trade exceeded US$5 billion, up nearly 2% over the previous year. Through the first six months of this year, it's up again - 2.5%, year on year. And our services trade in 2014 was worth some US$1.4 billion, an increase of nearly 7% over 2013 results. Good numbers, to be sure, and with the promise of much more to come as Indonesia's 250 million people continue to urbanise, to demand the best that the world has to offer. The strength of Indonesia pushes well past the limits of its vast archipelago. You are a key member of the Association of Southeast Asian Nations, our important partner in commerce and trade. Indeed, ASEAN is Hong Kong's second-largest trading partner in goods and our fourth largest in services in the world. Last year, the total value of merchandise trade between Hong Kong and ASEAN exceeded US$106 billion - up 10% over the previous year. I am confident that our mutual trade and investment could only be better, generating new business opportunities while boosting economic growth on both sides. Pact will boost trade The ASEAN-Hong Kong Free Trade Agreement will certainly help. The FTA covers trade in goods and related issues, trade in services, investment, economic and technical co-operation, and dispute settlement. The fourth round of negotiations took place in July, in Singapore. I look forward to the FTA's successful conclusion in the coming year. It will, I know, strengthen economic ties and co-operation between Hong Kong and Indonesia. With our help, it will encourage more Indonesian exports to the Mainland of China. Inevitably, more Hong Kong and Mainland Chinese investment will also find its way into Indonesia. That connection is among Hong Kong's unique business strengths. I'm talking, of course, about our role - Hong Kong's role - as the super-connector between the Mainland of China and the world. Our free-trade experience and global connectivity have supported - indeed, fast-tracked - the Mainland's opening up to the world for more than three decades now. More than the Mainland's largest investor, Hong Kong is the launching pad for Chinese companies and brands eager to take their products, services and capital to global markets - that of course includes Indonesia. Equally important, we are the gateway for global business looking to Mainland markets. For good reason, starting with our tax system, which is low and blessedly uncomplicated. It helps, too, that we maintain a common law system underpinned by an independent judiciary and that intellectual property is rigorously protected. Indeed, Hong Kong has been named the world's freest economy for each of the past 21 years by the Washington-based Heritage Foundation. Three days ago, the Fraser Institute again ranked Hong Kong number one in the world in terms of economic freedom. Level playing field We are a very open and welcoming society. We believe in the free flow of people and information. We subscribe to a level playing field for business, wherever that business comes from. Nearly 7,600 overseas and Mainland Chinese companies are based in Hong Kong. The government does not compete with you. The government does not own businesses in Hong Kong to compete with businesses whether they are local or foreign. ... (http://j.mp/1F4ycT2)
Asia's world city an IP trading hub (12.5.2014)
More than 330,000 trademarks are registered with our Intellectual Property Department. Our laws fully comply with the World Trade Organisation's agreement on trade-related aspects of IP rights, and we have been ranked 10th globally for IP protection by the World Economic Forum in its latest Global Competitiveness Report. This constitutional and legal protection provides a solid foundation for Hong Kong to develop as an IP trading hub - and, in particular, as the leading IP trading centre in China. (http://j.mp/1jRlgm3)