Hong Kong Using Tech for Mail Service Improvements Hongkong Post, the city’s renowned postal service, is making significant strides in keeping up with the rapid growth of e-commerce. The postal service leverages smart technology for improved efficiency and enhanced customer experience. According to Hong Kong government, these solutions would also consider workplace safety. iPostal…
More than 70,000 Local Companies Registered in the First Six Months of 2022 In the first six months of 2023, the Companies Registry reported that 72,588 local companies had registered. Bringing the overall count of local companies to a whopping 1,416,643, this number showed positive signs for Hong Kong’s local business scene. Additionally, 422 non-Hong…
Hong Kong as Choice for Global Family Businesses: Family Office Network Unveiled The Hong Kong government is developing a vibrant family office network to provide holistic support to global family offices. The government recently launched the network platform through Invest Hong Kong. It will promote the region as a value-added destination for global family-run offices.…
Labour Department’s Special Career Let’s Go Programme to Support Secondary School Graduates The Hong Kong Labour Department has announced the launch of the special Career Let’s Go programme. The programme aims to assist secondary school graduates prepare for their professional careers. It does so by providing a range of pre-employment training and employment services to…
Hong Kong Retains Fourth-Place Ranking in Global Financial Centres Index 32 Report Hong Kong retains its fourth-place ranking in the Global Financial Centres Index 32 report. Rankings improved in infrastructure, business environment, reputation, and financial sector development. The rankings reflect Hong Kong’s strength as a major global financial centre. The Hong Kong government adopted proactive…
New Round of Application Called for Professional Services Advancement Support Scheme The Hong Kong Government has announced the commencement of a new round of applications for the Professional Services Advancement Support Scheme. Non-profit-distributing organizations, including professional bodies, trade and industrial organizations, as well as research institutes, are invited to apply until May 31. With a…
Hong Kong’s Exchange Fund Foreign Assets Increase In the latest development from Hong Kong Money Authority (HKMA), their Exchange Fund foreign assets are looking upward. The Hong Kong Monetary Authority publicized the Exchange Fund’s key analytical accounts today (February 14). Foreign assets, representing the Exchange Fund’s external assets, rose by HK$115.2 billion to HK$3,617.7 billion…
Hong Kong Updated Copyright Law Will Soon Come Into Effect. With digital content creation on the rapid rise, there is a need to relook at copyright laws everywhere in the world. For Hong Kong per se, February 17 2023, marks when the gazette of Copyright (Amendment) Ordinance 2022 (Commencement) Notice. The amended ordinance will come…
