The BUD Fund provides 2 programmes (“Mainland Programme” and “FTA Programmes”) to Hong Kong companies to brand, upgrade and promote in dedicated markets. The 1-to-1 matching fund gives a cumulative amount of HK$ 4,000,000.
The local and global economy suffered from the COVID-19 pandemic. In order to assist local SMEs, the Hong Kong Government enhanced the BUD Fund further. The BUD Fund subsidizes Hong Kong eligible companies to expand in mainland and FTA markets (includes ASEAN), upgrade, transform and brand. The Mainland Programme and the FTA Programme (formerly known … Read more
E-Commerce evolves rapidly in recent years, and global online commerce demand increases immensely due to COVID-19 pandemic. Indonesia is one of the fastest growing online economy. The country is abundant of natural resource, labour export for years. As well as good policy and information technology advancement, the new economy moves fast. The SUCCESS of the … Read more
One of the core of the BUD Fund is brand development. In order to protect the brand, we have to manage the intellectual property (IP) properly. The SUCCESS of the Trade Industry Department arranges the online seminar to discuss about intellectual property registration. It includes the difference between trademark, copyright and patent, also the intellectual … Read more
Up to now (8/11/2020), the US presidential election doesn’t have a final projection yet. Democrat candidate Joe Biden won most of the swing states and more than 270 electoral votes. Republican candidate Donald Trump (the present president) doesn’t agree to lose and about to appeal to the Supreme Court. It is likely that another case … Read more
As COVID-19 epidemic slowed down in Hong Kong, China and Southeast Asia, it is time for Hong Kong companies to plan the business expansion. The BUD Fund is implemented by the Hong Kong Productivity Council. Under the Fund, the Mainland Programme and the FTA Programme (formerly known as ASEAN Programme) provide a one-to-one subsidy up … Read more
E-commerce in the Guangdong-Macau-Hong Kong Greater Bay Area (GBA) grows rapidly. There are plenty of platforms such as Taobao, Tmall, JD, Little Red Book and TikTok etc. The SUCCESS of Trade and Industry Department (TID) organizes the webinar “Exploring E-Commerce opportunities in the Greater Bay Area” and invites specialists in the industry to share latest … Read more
I had a gathering with an old client and talked about business. My friend is a gemstone businessman, his major business is jewelry design and material supply. He has been in the industry for more than 3 decades, witnessed the open policy of China and global economic change. Gemstone supply is a steadily periodic industry … Read more
Cambodia is at the centre of Southeast Asia. Several Special Economic Zones (SEZ) have been established and her economy is blooming in recent years. It is a hot spot for Hong Kong manufacturing business. The Hong Kong Trade Development Council (HKTDC) organizes the webinar “Business and Manufacturing Opportunities in Cambodia” and invites Mr Sin Siya, … Read more
The Hong Kong Productivity Council (HKPC) released the latest figures of “Dedicated Fund on Branding, Upgrading and Domestic Sales” (BUD Fund) in a press release. Due to the US-China conflict, the Chief Innovation Officer Dr Lawrence Cheung reflected that a lot of manufacturers moved their factories from mainland China to Southeast Asia (ASEAN members) and … Read more
George Leung Siu-kay, the CEO of the Hong Kong General Chamber of Commerce (HKGCC), expressed in “Letter to Hong Kong“, a RTHK programme, that Hong Kong is no longer a business-friendly place. The social gathering ban has frozen small businesses. Though subsidy and compensation is helpful, the most important is to control the virus spread. … Read more