LONDON, June 04, 2025 (GLOBE NEWSWIRE) — The Global Business Complexity Index (GBCI), recently launched by TMF Group, analyses the business environment of 79 jurisdictions, accounting for 94% of the world’s GDP. It also ranks them based on over 250 indicators of business complexity, with the jurisdiction ranked 1st as the most complex and the…
Hong Kong’s environment minister has cautioned against using mandatory measures to advance green policies given challenges the city faces arising from geopolitical tensions and economic transition, as he unveiled plans for the next phase of the ban on single-use plastics. Secretary for Environment and Ecology Tse Chin-wan said on Saturday the government would carry out…
Hong Kong’s Trade Development Council (HKTDC) is searching for a replacement for its executive director ahead of her retirement, with the Post learning that the government prefers a candidate with a strong grasp of both geopolitical issues and commerce. According to an insider familiar with the hiring process, a selection committee headed by the financial…
April 14, 2025 DHAKA – Washington’s continued restrictions on exporting chip technology to Beijing may soon prove futile because the silicon-based semiconductor industry faces a potent adversary taking shape in China. After decades of silicon dominance, carbon nanotubes are emerging as a promising alternative to transform computing power while dramatically reducing energy consumption. This technological…
Hong Kong’s largest business chamber has postponed a planned trip to the United States next week amid the escalating US-China trade war, while Cathay Pacific Airways has cancelled a ceremony to mark the inaugural flight of its new Dallas service, which the delegation was originally going to take. The New People’s Party, led by Executive…
One of Hong Kong’s largest business chambers has abruptly postponed a trip to the United States next week following a top Beijing official’s denouncement of US President Donald Trump’s tariff war on Chinese imports, which the White House said could reach as high as 245 per cent. Hong Kong General Chamber of Commerce CEO Patrick…
More than 70 per cent of executives in Hong Kong expect an increase in financial crime in 2025, while only 18 per cent believe their organisation’s compliance programme is “very effective”, according a report from Kroll, a financial and risk advisory firm. The report, released Monday, surveyed more than 600 respondents worldwide between September and…
About 150 new family offices attracted by innovation and technology developments and an emerging art market in Hong Kong have expressed an interest in settling in the city, despite intensified geopolitics and the tensions brought about by CK Hutchison Holdings’ Panama port sale, the investment chief has revealed. Of the 150 offices, 80 are from…
“We didn’t give it to China. We gave it to Panama, and we’re taking it back.” Thus spoke Donald Trump shortly after BlackRock, an American investment firm, announced on March 4th that it would buy two ports on the Panama Canal from ck Hutchison (ckh), their Hong Kong-based operator. China’s initial response was strikingly muted,…
ASML Holding, the world’s top supplier of advanced chipmaking equipment caught in the US-China tech rivalry, will build a “reuse and repair” centre in Beijing this year, showing its commitment to the world’s second-largest economy despite pressure from Washington. The Dutch firm, which has been unable to sell its extreme ultraviolet lithography systems to its…