CLP to relieve tariff pressure with subsidy

Our BLCC Corporate member CLP announced on 10 December that it will relieve the tariff pressure for all Small-and-Medium Enterprise (SME) customers from the increased use of natural gas for low-carbon power generation in 2020 through a subsidy. The subsidy is part of a more-than-HK$200 million CLP Power’s relief plan that will benefit different sectors…

Key risks and benefits of ICOs for SMEs identified by the OECD

Summary by EuroCham This report concludes that despite the existence of certain risks, ICOs have the potential to provide a new method of raising capital for projects enabled by distributed ledger technologies (DLTs), such as blockchain, if appropriately regulated and supervised. Click here for the Report

New Belgian PM

Belgium is getting its first female prime minister. Budget and Civil Service Minister Sophie Wilmes will succeed Charles Michel, who has served in an acting capacity since an inconclusive election in May. He’s taking office as president of the European Council, which involves chairing meetings of European Union leaders, on Dec. 1. Continue reading on Bloomberg

Chocolate Dresses on the Catwalk…what?

Chocolatiers and fashion designers have collaborated to bring dresses made of chocolate to a Brussels catwalk. One creation, by designer Giovanni Biasiolo and chocolate maker Jean-Christophe Hubert, used 8kg of chocolate – not far off the 6kg the average Belgian eats in a year – while another, by Peruvian Ricardo Davila, featured a staff and…

The Information Services Department – Weekly Digest

The Information Services Department – Weekly Digest

You may be interested in the following information issued over the past week.  You are welcome to share the information: 28 March 2018 Speech by FS at Joint Business Community Luncheon “The first theme of the Budget is diversifying our economy to create wealth for Hong Kong and to provide quality job opportunities and better…