Understand more about business consultation, government business granting fund and latest business development trend.
The Technology Voucher Programme (TVP) was founded in 2016 to support local businesses, NGOs and charities to improve efficiency and competitiveness with the use of technology. Every eligible company or organization can claim 75% of the IT project cost and it can be granted for 6 times. The total subsidy is HK$ 600,000. How to … Read more
Based on the query big data, BizMagnet TVP consultant lists out some common TVP questions. You may also know more about the Technology Voucher Programme.or our TVP application guideline.
The Competition Commission lodged a case on 22nd March 2023 in the Competition Tribunal against 4 IT companies. The case told that these companies unfairly obtained 189 projects in “D-biz” with cover bids and the corresponding amount is about 13 million dollars. This is the very first case, and what is cover bidding? Cover bidding … Read more
ATAL(1977), a listed company chaired by husband of ex-justice secretary Teresa Cheng Otto Poon, was suited by the Competition Commission (the Commission) that ATAL violated the Competition Ordinance with Shun Hing Group by price fixing and bid rigging. Today (4 Nov), the Commission announced that the ATAL subsidiary admitted the case and pay the fine … Read more
In recent years, the compliance requirement in financial industry gets stricter and stricter. Here are the reasons: 1. technology allows easier international laundering, 2. political figures sanction due to geopolitical issues, 3. terrorism. Financial institutions such as banks, exchange shops, insurance companies etc pay extra attention to ensure compliance fulfillment. Offences can result penalty or … Read more
Hello everybody. You may read BizMagnet article “Common TVP fraud” and know some common tricks the fraudsters do. Recently there are more new tricks over the phone, one you are framed you may lose hundred of thousand HK dollars. Basic: Technology Voucher Programme TVP “Hi, let us get TVP money together!” First, the scammer will … Read more
BizMagnet funding consultant is happy to become a writer of HSBC VisionGo. Our consultant will regularly post article to share latest information and analysis about government funding. BizMagnet articles are totally open and free. “HSBC VisionGo” is a business community platform operated by HSBC HK. At VisionGo, Entrepreneurs can seek business information and opportunity. General … Read more
The Competition Commission has lodged a case recently against ATAL and Shun Hing. It accused ATAL and Shun Hing of price-fixing, market sharing and big-rigging in air conditioning projects, in contrary to the Competition Ordinance. The case is noticeable as ATAL was established by Otto Poon, the husband of Justice Secretary Teresa Cheng and the … Read more
The Dedicated Fund for Branding, Upgrading and Domestic Sales (BUD Fund) was launched in 2012 to help Hong Kong companies to brand, upgrade and market in mainland China. As Hong Kong signed Free Trade Agreement and Investment Promotion & Protection Agreement with other economies, the BUD Fund are now consisted of Mainland Programme and FTA … Read more
It is so competitive nowadays, and firms put a lot of effort to maintain good customer relation. Customer Relation Management (CRM) has been built as an application to keep managing the customer relation. What is CRM? CRM means Customer Relationship Management system. It is a software system to automate all behavior engaged with customers. These … Read more
