Economic losses are piling up, impacting all stakeholders. Transition is key to prosperity, and likely the least costly scenario. Social risks/issues are closely interlinked with geopolitical and economic risks. Tension between capital and labor is increasing. Companies and/or investors may not be prepared and convinced by the urgency of the climate risk situation. Policy makers…
This morning it was announced that the HKgov will change the Mandatory Hotel Quarantine scheme from 7 days to a 3+4 setting. Also it was specified that the arrival date of the passenger will be day 0, whereas so far the arrival day counted as day 1. The new scheme will take effect starting from…
Hong Kong, July 28, 2022 As any Chamber of Commerce, the Belgium – Luxembourg Chamber of Commerce (“BLCC”) in Hong Kong goes through chapters in time, matching the evolution of the business environment and the community of members. Hong Kong is at the tail end of a highly impactful period; a new chapter is soon…
Today it was announced that the HKgov will halt their policy of imposing flight bans on airlines transporting a certain amount of passenger who turn out to be carriers of the virus. This is a very welcome move for the many travelers returning from Europe and other places to Hong Kong. This measure will have…
On Wednesday 8 June, we had our 29th BLCC AGM that took place at our office at The Desk. We are extremely happy to introduce our following three new Board of Directors. Welcome to Justin Campbell! Justin Campbell is a Director of Technology Consulting for Asia-Pacific at Willis Towers Watson in the Insurance and Broking…
What a great first gathering we had last night 26 May in de België pub on Elgin street! With the health measures relaxed to such a level that we could safely & responsibly gather again with our business communities, we gladly made use of it and organized an informal Happy Hour session. With around 40…
Looking to start or advance your career in sustainable finance? No need to look any further! Join EuroCham’s first mentoring programme, developed as an initiative together with EuroCham’s Sustainable Finance Working Group. The programme is an invaluable way for participants to share knowledge, develop new skills, and learn from others. As a member of EuroCham,…
On 3 May 2022, the Census and Statistics Department (C&SD) released its advance estimates on Gross Domestic Product (GDP) for the first quarter of 2022. According to the advance estimates, GDP decreased by 4.0% in real terms in the first quarter of 2022 from a year earlier, compared with the increase of 4.7% in the…
Some good news on this sunny Tuesday. This morning, Chief Executive Carrie Lam held a press conference where she announced some new relaxations of the current health measures in place. The second phase of relaxation of social distancing measures will be implemented on the 19th of May, but already this Thursday onwards, some ‘early’ relaxations…
The KHgov announced on April 22 that non-Hong Kong residents will be allowed to enter Hong Kong again from overseas places. Also the route-specific flight suspension mechanism (flight bans) will be suitably adjusted with effect from 0.00 am on May 1. Finally, rapid antigen tests (RAT) will be added to the “test-and-hold” arrangement at the…
