News in Category: 2014

Business of Intellectual Property (BIP) Asia Forum 2014 "Intellectual Property: Powering Business Expansion"

The fourth edition of Business of Intellectual Property (BIP) Asia Forum held on 4-5 December 2014.

As mentioned by our Chief Executive Mr C Y Leung in the 2014 Policy Address, a Working Group on IP Trading has been set up to strategise the promotion of Hong Kong as an IP business hub. Together with the HKSAR Government's involvement in BIP Asia as the co-organiser, it is a very good example of the Government's strong focus on IP promotion.

The third edition of BIP Asia last year attracted 60 internationally renowned speakers from Hong Kong and overseas and over 1,700 participants from 24 countries and regions. Business of IP (BIP) Asia Forum 2014 continued to be an effective platform for attendees to discuss the latest developments in the IP world and explore potential business partnership through numerous business matching and networking opportunities.

Hong Kong - ASEAN Summit 2014: Prospects and Opportunities: Hong Kong-ASEAN Trade

Event organized by Metro Broadcast at Four Seasons Hotel Hong Kong.

Speakers included:

Mr. Bernard Chan, Executive Councilor, Hong Kong SAR; Chairman, Hong Kong - Thailand Business Council

Mr. David Carbon, Chief Economist, DBS Bank

Dr. Jonathan Choi, Permanent Honorary President, The Chinese General Chamber of Commerce

Mr. Nicholas Kwan, Director of Research, Hong Kong Trade Development Council

Mr. Alex Cheung, Managing Director and Head of Institutional Banking Group

Inland Revenue Department: International Trend on Tax Transparency and Hong Kong's Treaty Network

In July 2013, Hong Kong has put in place legislative amendments to align Hong Kong's exchange of information arrangements with the prevailing international standard. This is a vital step to enable Hong Kong to preserve its international reputation and achieve the "Largely Compliant" rating under the peer review exercise carried out by the OECD Global Forum on Tax Transparency and Exchange of Information for Tax Purposes. To keep abreast with the development in the international arena, Inland Revenue Department of HKSAR has invited Mr. Pascal Saint-Amans, Director of the Centre for Tax Policy and Administration at the OECD, to share with us the international landscape on tax transparency and other tax jurisdictions?? experience.

You may be aware that in May 2014 the Declaration on Automatic Exchange of Information in Tax Matters was endorsed during the OECD's annual Ministerial Council meeting in Paris by all 34 member countries, along with 13 other jurisdictions. Mr. Saint-Amans talked about the international trend on tax transparency, in particular the hot topics concerning automatic exchange of information and the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. The Commissioner of Inland Revenue shared with the audience the progress of Hong Kong in treaty negotiation.

Intercham event: Women's Leadership Network Seminar Series: Authentic Leadership

Public Policy, Governmental and Regulatory Affairs Head for Google Italy, Giorgia Abeltino addressd the cornerstone of leadership, authenticity, and how much it represents today a key issue for women's career. Ms. Abeltino discussed the following points: uniqueness, confidence, impact and leadership. She provided practical examples of Google's policy about diversity and inclusion, not only related to race, sex and religion, but also to diversity of views and beliefs.

The seminar was followed by a Q&A session and a networking opportunity.

The event was kindly supported by Acqua di Parma.

Joint Business Community Luncheon: 2014-2015 Budget with The Honourable John Tsang, Financial Secretary of the HKSAR

HKSAR Financial Secretary, the Honourable John Tsang, has deliverd his 2014-2015 Budget Speech to the Legislative Council on 26 February 2014.

This joint business luncheon was an excellent opportunity for us to learn more about his thoughts and insights behind the new Budget. We also learned directly from the Financial Secretary about the Government's plans to steer its fiscal policy to sustain Hong Kong's economic growth and maintain our competitiveness.

Luncheon with Professor Dr. Chira Hongladarom "ASEAN-Hong Kong Economic and Business Partnership"

Professor Chira is a renowned micro-economics and development and human resources economics academic. He currently serves as Secretary-General, Foundation for International Human Resource Development. He is also Chairman, of Asia Pacific Consultants Ltd, of Stamford International University Council, and of Integrated Human Development Center (iHDC).

He was the founder and Executive Director of the Human Resources Institute, Thammasat University, and was Vice Rector for Research and Academic Services at Thammasat University. Among the many positions he has held are: Advisor to Thai government officials from Prime Minister-level down; Chairman of the Advisory Council for Labour Development, and Member of the Tourism Authority of Thailand Board. He has also served as an Advisor to the International Labour Organization and the World Bank.

He also has wide experience in other public and business areas and has produced reports and publications on various social, economic and market subjects. He has taught at Thammasat, Chiangmai, Kasetsart, Songkla Nakarin and Assumption Universities in Thailand as well as the National Defense College and at other institutions in Asia and the USA. He is also a broadcaster, columnist and speaker.

CRECCHK Anniversary Seminar "Greater China and ASEAN"

To celebrate the 12th anniversary of China Real Estate Chamber of Commerce Hong Kong Chapter (CRECCHK), the Chapter has organized an Anniversary Seminar at the Asia Society Hong Kong Center on 1 December 2014.

Professor Anthony Cheung Bing Leung, Secretary for Transport and Housing, the Hong Kong SAR Government, has been invited as the Keynote speaker. Other guest speakers included Datuk Raymond Tan Shu Kiah, Minister Industrial Development Sabah and Mr. Mao Da Qing, Executive Vice President, Vanke China, who gave a speech on "Living Quality Aspirations". The Seminar marked as the first of a series of seminars, workshops and research on Living Quality Aspirations in Asia for the next two years of the Chapter.

HKTBC Annual General Meeting 2014

HKTBC Annual General Meeting 2014

About 15 members attended the Council's Annual General Meeting. The year 2013 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. Horst Geicke, Mr William Chao, Mr Yu Yee Lam and Mr Benjamin Yiu Chung Cha 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

It was our Council's pleasure and honour to have the opportunity to co-organise with The Royal Thai Consulate-General, a luncheon & panel discussion on the "ASEAN - Hong Kong Free Trade Agreement: Challenges and Opportunities", right after our Annual General Meeting on 15 September 2014. The Panel Discussion provided a platform for stakeholders in the public and private sectors to exchange views on potential challenges and opportunities arising from the ASEAN - V Hong Kong Free Trade Agreement (FTA). Currently under negotiation, the prospects for an FTA among these giant economies bear significant implications on the future of the business community in the region. Participants from ASEAN and Hong Kong updated with the latest developments of the negotiation, research and studies, and experiences on the benefits derived from and challenges posed by the FTA.

Seminar on Regional Market Update Series: Thailand's Opportunities Amid Challenges: Focusing on Fundamentals

Hong Kong Securities and Investment Institute (HKSI) has invited Dr Pakorn Peetathawatchai, Executive Vice President, Head of Corporate Strategy & Finance Division, The Stock Exchange of Thailand to speak to us in Hong Kong in their notable Regional Market Update Series. He talked about the opportunities and challenges facing the Thai economy; the impact of political uncertainty on the Thai stock exchange; the resilience of Thai listed companies; and the role of Thai capital market as regional financial connectivity.

NEST Demo Day

NEST is Hong Kong's pre-eminent start up incubator. They invest in, build and scale high-growth businesses in Hong Kong and Asia. They are always seeking the truly disruptive and aim to develop Hong Kong as a global hub in entrepreneurship.

They have partnered with KPMG to present the most exciting businesses in their eco system to investors in a Silicon Valley-styled Demo Day event. It was a fast-paced event where 10+ companies has pitched their businesses, followed by breakout sessions to meet the founders and learn about these opportunities in details.

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

The HKSAR Chief Executive, the Honourable Leung Chun-ying, has delivered his Policy Address to the Legislative Council on 15 January 2014. At this luncheon, the business community was able to hear Mr Leung's further elaboration on his Policy Address. Participants was also able to learn more about his initiatives and directives for tackling key issues, such as housing, land supply, air quality and Hong Kong's competitiveness in the year ahead.

Asian Financial Forum "Asia: Powering World Growth"

The 7th Asian Financial Forum (AFF) featured the theme "Asia: Powering World Growth", presenting participants with a unique opportunity to spotlight developments and trends in the dynamic markets of Asia.

AFF Deal Flow Matchmaking Session, which was a pre-arranged deal-sourcing and matchmaking session for project owners, high net-worth individuals, corporate investors and senior professionals from intermediaries and professional services providers. Riding on the trend of China's outbound in investment, AFF Deal Flow featured dedicated matching meetings between Chinese investors seeking investment opportunities abroad, and overseas project owners looking for Asian capital.