A collection of successful and remarkable business stories.
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
When we talk about innovative technology, usually it is about young people. But this time the story is about Jimmy Chow, a logistic expert in the industry more than 40 years. Jimmy worked in many international logistic companies, and witnessed how Hong Kong participants rely on labours still. Staff has to call the clients to … Read more
In the 21st meeting, the Standing Committee of the 13th National People’s Congress decided to authorize the State Council to execute a pilot programme in the nine Greater Bay Area (GBA) mainland cities (Guangzhou, Shenzhen, Zhuhai, Foshan, Dongguan, Zhongshan, Jiangmen, Huizhou, and Zhaoqing). The programme allows Hong Kong and Macau lawyers to practice in specific … Read more
Yesterday (2020/08/07), the US Treasury announced to impose sanctions on China and Hong Kong 11 officials who harm Hong Kong autonomy and human rights.These major officers include the Chief Executive Carrie Lam, the Secretary of Justice Teresa Cheng, the Commissioner of Police PK Tang etc. All Americans and American companies cannot deal with the sanctioned … Read more
HSBC Navigator surveyed more than 200 Hong Kong businesses from 28th April to 12th May pandemic time. Around 60% of the surveyed enterprises claimed that they were well-prepared but can do more. Business needs more diversity, information technology and transparency in the supply chains to face possible challenges in the future. Diversity & technology Terence … Read more
A chat with my friends from business chamber (not at a restaurant but WhatsApp) and all agreed that it is so hard for business now. “Last year it was just messy, once it looked ok and COVID-19 came.” “Cases were less then we had the national security law. My business is all about the US, … Read more
As the implementer of the BUD Fund, the Hong Kong Productivity Council occasionally invites enterprises to share the successful BUD experience. BizMagnet BUD Consultant reviewed the story of On Hing Metal Die-casting Factory, presented by Eric Fung, the Business Development Director. On Hing applied for the BUD Fund Mainland Programme in 2016 for the first … Read more
Kate and Jay were neighbour in the year of HKCEE, and that was time for old schoolmate gathering. They talk about everything, such as old jokes, families and works. Kate is a solicitor practicing in business affair, and Jay is a government fund consultant helping clients to apply for the BUD Fund and the TVP … Read more
BizMagnet consultant found several news about cases of government fund fraud. Some of the people may be greedy, some may be for the sake of convenience, and result in legal consequence. SMEs applying for the TVP usually offend the “bid rig” under “Competition Ordinance” and criminal offence such as “conspiracy to fraud” and “using a … Read more
There are number of successful BUD stories since the establishment in 2012. The BUD Secretariat often invites applicant enterprises to share their successful experience with the government funding. BizMagnet BUD consultant is about to tell how a jewellery company transformed. From West to China The jewellery company had been a designer and manufacturer for Western … Read more
