Webinar: ReTAAS intro

Webinar

The Retail Technology Adoption Assistance Scheme for Manpower Demand Management (ReTAAS) is a government fund that helps retailers to use manpower management technology and enhance productivity. All non-listed retailers are eligible to apply for the ReTAAS. ReTAAS sponsors 50% of the project cost with cumulative maximum $50,000. (Maximum number of application is two) The followings … Read more

Webinar: Competition Ordinance

Information technology industry is full of competition, for example, compete for Technology Voucher Programme project. Therefore the Competition Commission organizes a webinar about the Competition Ordinance for the IT sector. It will introduce the content of the Ordinance, Do’s and Don’ts under the Ordinance and some competition cases etc. IT suppliers should understand the Ordinance … Read more

TVP consultant: think carefully for application

TVP trap

Recently BizMagnet TVP consultant received a case that a SME incited by a TVP supplier to use the TVP agent service. It was again a conspiracy of bid rigging. As the deal is under the table, the SME now has a tiger by the tail. The TVP IT supplier demands additional charge, while the SME … Read more

Know more: TVP consultant fee

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As of BizMagnet TVP consultant experience in the industry, the very question of a client is not “am I qualified to apply for the TVP?” but “how do you charge?”. It is reasonable to see if it is cost effective. In general, there are TWO charging methods for TVP consultation services: proportional and fixed fee. … Read more

TVP consultant trend prediction 2021

2021

Very soon it is Q4 of 2020, and both 2019 and 2020 are unusual years. BizMagnet TVP consultant consolidates information and attempts to predict the trend of TVP (Technology Voucher Programme) in 2021. No matter you applied for government fund such as TVP and BUD Fund before, it is time for you to prepare next … Read more

False statement for government fund defraud – maximum imprisonment of 14 years

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Yesterday (2nd Sep) the Hong Kong Police Force arrested 15 persons, on suspicion of anti-epidemic fund fraud, seeking around HK$ 3.87 million. Suspects accused of submitting false proof, such as MPF records, transaction records, or altered retail photos downloaded from the Internet, to seek more government funding grant. This is another commercial crime case about … Read more

TVP suppliers shouldn’t be a TVP consultant at the same time

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BizMagnet TVP consultant received inquiries recently if we can provide TVP quotation. The answer is NO, because BizMagnet is not an IT system supplier. BizMagnet is a government funding consultancy to offer TVP consultation. We are clear about our role to clients. However, some participants in the industry, no matter IT solution provider or TVP … Read more

5 Information security threats 2021

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In 2020s, every company relies on information technology somehow, from daily email communication, video conferencing, digital marketing to data system. People work from home under COVID-19 pandemic, and it will be a disaster if there is any information security issue. In the second half of 2020, BizMagnet TVP consultant summarizes 5 information security threats that … Read more

BUD Mainland – Support HK lawyers to practice in Greater Bay Area

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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

Webinar: New China Foreign Investment Law 2020

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From 1st Jan 2020, China has a new “Foreign Investment Law” to replace the old one which was in force for near 40 years. The new law treats mainland and foreign businesses in equality. At the same time, certain administrative procedures are simplified to provide convenience to foreign investment in China. Expert from HKTDC Research … Read more

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