The Census & Statistics Department announced yesterday that total retail sales in October, which is currently at an estimated at $30.7 billion HKD, rose 12% compared with the same month last year. Online sales accounted for 8% of this total, valued at $2.5 billion HKD. This was backed of the value of online retail sales…
Owing to price dips in clothing and personal care, Hong Kong is no longer the most expensive city to live in. That spot now belongs to Tel Aviv, which climbed 4 places to top the rankings for the first time. The Israeli city’s climb was based on hikes in car and grocery prices, as well…
More good news coming out of our corporate member Asia-Euro Consultancy: a new investment has been brought to Belgium. On 28 October, Novadip Biosciences, a clinical stage company developing treatments to regenerate impaired tissue in patients, announced EUR 19 million Series B financing backed by international investors. This financing was co-led by new international investors,…
We are pleased to announce that we have published edition 7 of our Digital Magazine this week. Our latest edition has a great interview with our member Dr. Mauroo, and also deals with issues ranging from identifying and handling IP scams in China, to explaining the role of sustainability in capital markets. The magazine can…
Hong Kong is a vital part of the Greater Bay Area (GBA) and as a vibrant international financial, trade & shipping hub, is key in the successful future development of this buzzing area. All Hong Kong Chambers & their members have been invited by the relevant Government parties to attend a ‘virtual tour’ to the…
Thanks to our Corporate Member & Silver Sponsor KBC Bank, we are able to share the insightful KBC Economic Perspectives – Asia Edition with you. Here some highlights from the most recent edition: General Forecasts for 2021 & 2022 revised downward; Several factors are currently weighing on Chinese economic activity; Though the Delta-driven pandemic surge throughout much of Asia in the…
The Census and Statistics Department (C&SD) recently released the results of the Quarterly Business Tendency Survey for the fourth quarter of the current year. The highlight of the survey is the fact that the percentage of respondents expecting their business situation to be better in the fourth quarter of 2021 when compared to their previous…
Proudly presented for the 5th time now: it’s the annual Belgium Business Seminar 2021! This year we once again dive into a very hot topic with a Belgian twist: ESG & ESG Finance! The BLCC warmly thanks sponsors KBC Bank, Liege Airport & The Consulate General of the Kingdom of Belgium to Hong Kong &…
The European Chamber of Commerce Automotive Council (EAC), which represents the European passenger car and commercial vehicle manufactures in Hong Kong, has published the latest Position Paper/Call to Action paper 2021. The Paper contains a recap of previous positioning papers & meetings between HK Government Offices and the EAC. It addresses current topics related to…
One of our own BLCC members, Julie Govaert, has successfully started her own consultancy firm and we couldn’t be more proud. Headquartered in Hong Kong, BDA Consultancy provides its clients across the globe with insights and strategies to combat any problem they may encounter. BDA’s main aim is to remove any obstacle that could potentially…
