Hong Kong companies should accelerate their expansion into the Middle East, Southeast Asia and Central Asia to reduce their exposure to geopolitical risks, the city’s commercial-sector lawmaker has said, as the United States moved to disrupt immigrant-visa appointments worldwide. Jonathan Lamport, the Hong Kong General Chamber of Commerce’s (HKGCC) representative in the Legislative Council, said…
Qatar Airways has set up its new regional cargo office in Hong Kong, with the city’s transport minister using the occasion to reveal a local airline would soon announce the launch of direct flights to Central Asia. Secretary for Transport and Logistics Mable Chan dropped the hint, but did not name the airline, while attending…
Hong Kong’s commerce chief is set to lead a delegation of mainland Chinese and local firms to Malaysia next week, noting that about 200 enterprises from across the border have already set up offices in the city since last year, using it as a stepping stone to go global. Secretary for Commerce and Economic Development…
The family office of Henderson Land Development co-chairman and managing director Peter Lee Ka-kit has signed a deal with Kazakh authorities to advance a range of green energy projects in the Central Asian country. The cooperation was sealed on Tuesday and announced on Wednesday during Lee’s visit to Kazakhstan and his meeting with Prime Minister…
Hong Kong should act as a “super partner” helping enterprises expand into Asean, Middle Eastern, Central Asian and European markets, as well as build an annual review into its first five-year plan, one of the city’s oldest and largest chambers of commerce has said. The suggestions are among 65 that the Chinese General Chamber of…
Hong Kong businesses can leverage Xinjiang’s connectivity with Central Asia to expand into new markets while the city’s financial, trade and professional services can help businesses in the region enter Southeast Asia, according to political analysts. But an economist and a textile industry veteran have warned of potential risks for Hong Kong businesses building ties…
Henderson Land Development co-chairman and managing director Peter Lee Ka-kit’s family office has fast-tracked its plans in Central Asia, where rich agricultural and natural resources could trigger more than US$1 billion in investments in green energy. Alan Chan Ying-lung, managing partner of family office Full Vision Capital, told the South China Morning Post that the…
Hong Kong’s trade promotion body will set up a new office in Egypt within the next nine months to expand its footprint in Africa, while recalibrating resources for Nordic countries through its European bases as traditional markets face slower growth. Hong Kong Trade Development Council chairman Frederick Ma Si-hang said on Friday that the organisation…
Many mainland Chinese businesses that joined a Hong Kong-led delegation to Central Asia last month are preparing to list in the city to raise capital for global expansion, Chief Executive John Lee Ka-chiu has revealed. At a summit on Tuesday, the city leader stressed that Hong Kong would continue to leverage its role as a…
The Philippine consulate in Hong Kong is investigating allegations that domestic helpers are being recruited in the city to become surrogate mothers for couples in Central Asia for up to 1 million pesos (US$16,220). At least five Filipino domestic helpers recruited in Hong Kong said they were not paid the promised amount despite carrying babies…