On January 13, 2021, Payload Asia released an article about the transportation of the COVID-19 vaccines. Although Hong Kong is still waiting to get a go-signal to roll-out its vaccine program, Cathay Pacific is already coming up with solutions to get the COVID-19 vaccine distributed as safe and fast as possible across the world. The terminal used…
Hong Kong plays an indispensable role in the dual-circulation development of the Chinese economy, in facilitating the growth of the Greater Bay Area, and as the offshore financial center of the internationalization of the Chinese Yuan (RMB), said Guo Shuqing, chairman of the China Banking and Insurance Regulatory Commission (CBIRC), during the Asian Financial Forum…
The other day our corporate member Loyens & Loeff published long awaited news coming out of the Luxembourg tax authorities. On 8 January 2021, the Luxembourg tax authorities published circular LIR 168bis/1 on the interpretation of the interest deduction limitation rule, which is applicable as from tax years starting on or after 1 January 2019….
On January 10, 2021, Hong Kong Companies Registry released key company registration related statistics for the year 2020. One may observe that, despite the economic turbulence amid Covid-19, the statistics of company registration in Hong Kong exhibit some exciting trends. Here are some key conclusions of interest: 99,405 local companies were newly registered in 2020;…
Our Chamber is pleased to congratulate Mr. Fabien Pinckaers, the founder and CEO of our BLCC corporate member Odoo, for being selected by Le Jury du Manager de l’Année de “Trends-Tendances” as the Manager of the Year 2020! The prestigious prize of Trends-Tendances is awarded as a confirmation and celebration of not only the remarkable…
On 30 December 2020, after an online meeting between China and EU leaders, the two sides concluded in principle the negotiation around the EU-China Comprehensive Agreement on Investment. This means that the negotiation is going to end soon after six years of debates. In this agreement, China will be more open to EU investors, by…
The Hong Kong Financial Secretary is in the process of drafting the 2021-22 Budget, which will be delivered on 24 February 2021. He would like to gather views & insights from different sectors of society. You are cordially invited to attend the consultation session. In light of the current health situation, the consultation session will…
Just like its predecessor Happen, the magazine highlights the technological excellence and innovation potential of the Luxembourg economy and aims at providing useful information for international companies interested in doing business in and from Luxembourg. It is edited by Luxinnovation and published under the Luxembourg Trade & Invest umbrella. The first issue focuses on clean technologies & market trends and…
Notice to all HKID card holders: the HK Immigration Department has launched a new design + improved safety features for the card. All HKID holders will need to replace their card; even if you only recently got your card, even it still looks nice, even if it still worked the last time you used it…
We are pleased to inform you that the Hong Kong/European Union (EU) Fact Sheet 2020 on the trade relations between Hong Kong and the EU together with the latest facts and figures has been published by the Trade and Industry Department of the Government of the HKSAR. The report shows that Hong Kong and the…
