News in Category: 2013

Business of Intellectual Property Asia Forum

The Hong Kong Trade Development Council has kindly offered our council complimentary tickets to attend their Business of Intellectual Property Asia Forum (BIP Asia).

The BIP Asia is the HKTDC's annual anchor IP event, aiming at facilitating international enterprises to manage and monetize their IP as part of their overall business strategy through the Hong Kong platform, which has distinct advantages serving as the regional IP marketplace. Last year, the 2nd edition of the event attracted 39 internationally renowned speakers from Hong Kong and overseas and over 1,400 participants from 23 countries and regions.

Seizing Opportunities in Evolving ASEAN

Co-organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council, the Hong Kong-ASEAN Business Partnership Symposium updated us on the latest trade and investment opportunities of the booming ASEAN market. The role of Hong Kong in ASEAN's economic integration process was highlighted. Economic ministers of the ten ASEAN member countries each led a business delegation to attend the event.

This Symposium was a unique opportunity for Hong Kong SMEs to learn first-hand information from the participating ASEAN senior government officials about the great potential of this thriving market and to build networks with the ASEAN business delegates.

HKTBC Annual General Meeting 2013

HKTBC Annual General Meeting 2013

About 18 members attended the Council's Annual General Meeting. The year 2012 saw Thailand's economy performed well, given the uncertainties in the world, while the government proceeded with reforms in such areas as education. The Council played its part in keeping members informed about the changing political and economic situation in the Kingdom and the affects of global events on Hong Kong and the Mainland. We also continued to develop ties with other organizations.

Mr. Willy Lin, JP, Mr. Raphael Tong, MR. Kenneth Gaw and Mr. Tom C Chatjaval were re-elected as Directors for the ensuing year. Simultaneously, Ernst & Young was re-appointed the Council's Honorary Auditors. The current Board of Directors consists of 12 directors:

1) Mr. Bernard Chan, GBS, JP, President of Asia Financial Group

2) Mr. William Chao, Managing Director of Wing Wah Limited

3) Mr. Tom V. Chatjaval, Founder and Chairman & CEO of TVC Management Ltd

4) Mr. Kenneth Gaw, President & Managing Principal of Gaw Capital

5) Mr. Horst Geicke, Chairman and Co-Founder of Pacific Alliance Group, VinaCapital Group

6) M. Clayton T. Hebbard, Consultant of Grant Thornton

7) Dr. Harry Lee, SBS, JP, Managing Director of TAL Apparel Limited

8) Mr. Willy Lin, Managing Director of Milo's Knitwear (International) Ltd

9) Mrs. Katherine Ngan, JP, Executive Director of May Cheong Toy Products Fty Ltd

10) Mr. Raphael Tong, Managing Director of Shanghai Mister Softee Food Products Co Limited

11) Mr. Benjamin Lam, Executive Director & Deputy CEO of Pacific Century Premium Development Ltd

12) Mr. Benjamin Cha, Executive Director of HKR International Ltd

We were honored to have a special guest joining us at the luncheon right after our AGM, Ms. Barbara Meybert, Chairman of the Regional Connectivity Task Force of United Nations ?V Economic and Social Commission for Asia and the Pacific, Business Advisory Council, and Board Member of the Fung Global Institute.

Business leader and entrepreneur, Barbara Meynert has enjoyed an international career in investment banking, commercial and regulatory institutions, and board directorships in the corporate and non-profit sectors in Asia and Europe. She has served such global organizations as the World Economic Forum and the International Chamber of Commerce.

Barbara Meynert has been a long-time director and advisor to the Li and Fung Group and subsidiary companies. She served as a director and advisor in the establishment of both the Hong Kong Airport Authority and the Hong Kong Securities and Futures Commission. Before that, she was Managing Director of Barclays Investment Bank BZW in Hong Kong and Asia following her position as Chief Executive of Kredietbank Luxembourg??s Asia-Pacific operations.

A graduate of the University of Hong Kong and the London School of Economics, Barbara Meynert is based in Bangkok.

Changing Boardrooms

In recent years, both in Hong Kong and internationally, an increased attention has been placed on board diversity, and, in particular, on the need to include more women in boardroom. How can this be achieved? Ms. Stefania Lucchetti, partner at Howse Williams Bowers, discussed the environmental and personal elements that help the rise of women to leadership position at this luncheon event.

Practical tips in establishing a presence in China

China has established itself as one of the most popular destinations for foreign direct investments. Eyeing on the vast market in China, many foreign investors are interested in establishing a foothold in China.

Establishing a wholly foreign-owned enterprise (WFOE) in China may seem to be a convenient option to start. However, foreign investors may have heard mixed comments about the success in running a WFOE in China. This seminar equipped the attendees with the necessary knowledge to get things right in the beginning so as to avoid future problems.

2013/2014 Hong Kong Budget - V An Analysis from the Tax Perspective

The Financial Secretary Mr. John Tsang delivered the Hong Kong Budget Speech 2013/2014 on February 27. Looking ahead to the coming Budget, you may have some of the following questions in mind: Will there be any implications of the 2013/2014 Budget tax proposals to you and your business? Will there be any opportunities laid out in the Budget tax proposals that could benefit your organization? How will the Budget impact your business from the tax perspective?

Ernst & Young's tax partner Ms. Tracy Ho and senior manager Ms. Kathy Kun had taken the participants through the key tax issues and implications of the 2013/2014 Budget tax proposals. And they shared their in-depth perspectives on the Budget tax proposals and clarified these proposals during this interactive A & A session.

Joint Business Community Luncheon with The Honourable Leung Chun-ying, Chief Executive of the HKSAR

Joint Business Community Luncheon with The Honourable Leung Chun-ying, Chief Executive of the HKSAR

The HKSAR Chief Executive, the Honourable Leung Chun-ying, deliverd his first Policy Address to the Legislative Council in mid-January 2013.

We are deeply honoured that Mr Leung has accepted our invitation to talk to the Hong Kong business community at a joint luncheon At this luncheon, the business community were able to hear Mr Leung's further elaboration on his Policy Address. Participants were able to learn more about his initiatives and directives for tackling key issues, such as housing, old age benefits, air quality and Hong Kong's competitiveness in the year ahead.

ASEAN Community Reception

Invest Hong Kong hosted a cocktail reception for the ASEAN business communities in Hong Kong, to thank for their support of Hong Kong over the years and to introduce their programme of investment promotion initiatives for South East Asia.

Seizing Opportunities in Evolving ASEAN

Co-organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council, the Hong Kong-ASEAN Business Partnership Symposium updated us on the latest trade and investment opportunities of the booming ASEAN market. The role of Hong Kong in ASEAN's economic integration process was highlighted. Economic ministers of the ten ASEAN member countries each led a business delegation to attend the event.

This Symposium was a unique opportunity for Hong Kong SMEs to learn first-hand information from the participating ASEAN senior government officials about the great potential of this thriving market and to build networks with the ASEAN business delegates.

HKTBC event: Invitation to Luncheon with Chow Chung-kong

C K Chow is the Chairman of Hong Kong Exchanges and Clearing Limited. He is also a non-official member of the Executive Council of the HKSAR, and holds a number of other public service positions. Prior to joining HKEx, Chow was the Chief Executive Officer of the MTR Corporation Limited from 2003 to 2011; the Chief Executive Officer of Brambles Industries PLC, a global support services company listed in the UK and Australia, from 2001 to 2003; and the Chief Executive of GKN PLC, a global engineering company, from 1997 to 2001. Mr. Chow's extensive business experiences made him a very interesting luncheon companion.

Matthieu Ricard: Experiences of a Buddhist Monk for Sustainable Corporations

Matthieu Ricard is well-known for his humanitarian work, and books about happiness and Buddhism, and most people wouldn't expect him to be involved in corporate affairs, while in fact, he is a regular guest at the Davos World Economic Forum. How can a French Buddhist monk contribute in a world leaders' gathering? This was one of the many questions Matthieu Ricard answered during this Breakfast event, where he also discussed how altruism should be an essential value in order to run a sustainable corporation.

Joint Business Community Luncheon: 2013-2014 Budget with the Honourable John Tsang, Financial Secretary of the HKSAR

Mr. Tsang has accepted our invitation to talk to the Hong Kong business community on March 18, 2013 about his budget. This joint business luncheon offered an excellent opportunity for us to learn more about his thoughts and insights behind the new Budget. Participants learnt directly from the Financial Secretary about this year's Budget and how we can sustain economic prosperity for future growth and maintain Hong Kong's competitiveness.

The 52nd InterCham Young Professional Cocktail

The 52nd InterCham Young Professional Cocktail

Organized by the New Zealand Chamber of Commerce and the Austrian Chamber of Commerce, the YP Cocktail provided an excellent opportunity to meet and mingle with professionals from over 27 different international chambers and business organizations in Hong Kong.

Asian Financial Forum "Asia: Shaping the Next Global Landscape"

The lingering sovereign debt crisis in the Eurozone, a tepid recovery in the US, and the slowdown in emerging markets continued to have profound impact on the global economy. AFF 2013 focused on how Asia is shaping the next global landscape and what business strategies companies might adopt under this new economic order.

Organised by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council, AFF 2013 featured some of the world's most influential leaders in government, financial and business sectors and they were

Dai Xianglong, Chairman, National Council for Social Security Fund (invited)

Charles L. Evans, President and Chief Executive Officer, Federal Reserve Bank of Chicago

Lawrence H. Summers, Charles W. Eliot University Professor, Harvard University's Kennedy School of Government

Datuk Ranjit Ajit Singh, Chairman, Securities Commission Malaysia

Saeb Eigner, Chairman, Dubai Financial Services Authority

Ning Gaoning, Chairman, COFCO

Pan Shiyi, Chairman, SOHO China Ltd

... and many more.