Tag: HKTDC

The Hong Kong Trade Development Council (HKTDC) released its inaugural HKTDC Export Confidence Index today. An upgrade to the well-established HKTDC Export Index, the new quarterly HKTDC Export Confidence Index will provide a more nuanced and comprehensive overview of business sentiment among Hong Kong-based exporters. Derived from a survey of more than 500 Hong Kong exporters, the Export Confidence Index comprises five sub-indices – Sales and New Orders, Trade Value, Cost, Procurement and Inventory. These findings are evaluated in terms of Current Performance (how they represent present market sentiment) and Expectation (a measure of exporter sentiment with regard to the coming quarter). ... Read more

The Hong Kong Trade Development Council (HKTDC) welcomes the Hong Kong Special Administrative Region (HKSAR) 2024-25 budget. The budget introduces a number of measures to boost Hong Kong’s economic growth and promote the continued development of SMEs and start-ups. These measures offer wide-ranging support to help SMEs manage their cash flow and accelerate their transformation, attract high-value added industries, capital and international talent to Hong Kong as well as promote green and digital transformation. HKTDC Chairman Dr Peter K N Lam said: “At the HKTDC, our mission is to support SMEs and provide them with opportunities to grow and transform. We welcome ... Read more

HONG KONG, Dec 14, 2023 – (ACN Newswire) – Hong Kong exports are expected to grow by 4% to 6% next year – a sharp contrast to the 11% decline in the city’s export levels recorded for the period between January and October this year. This optimistic outlook is driven by the significant increase in demand for electronic components, partly on account of growing demand for AI-enabled devices and other finished products, which play a crucial role in boosting the city’s prospects. Commenting on the likely upturn in Hong Kong’s export performance, Hong Kong Trade Development Council (HKTDC) Director of ... Read more

15th HKTDC Hong Kong International Wine & Spirits Fair enjoys successful three-day run Global wine trading platform uncorks the potential of emerging markets HONG KONG, Nov 6, 2023 – (ACN Newswire) – The 15th HKTDC Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), ended yesterday after a successful three-day run (3-5 November). The fair drew keen buyers from emerging markets. Several regions stood out including Korea, Mainland China and Taiwan, as well as Southeast Asian countries such as Indonesia and Malaysia, showing healthy potential for development. The return of global buyers to the ... Read more

About 65% of enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) have adopted green and sustainable development practices in business operations, and about 70% said they would consider using more of Hong Kong’s green products and services over the next two years, a research report by the Hong Kong Trade Development Council (HKTDC) and UOB revealed. The HKTDC and UOB have jointly released a research report titled Sustainability in the GBA: Unlocking Opportunities and Empowering Growth. Photo shows Irina Fan (right), Director of HKTDC Research, and Brian Lam (left), Chief Financial Officer and Chief Sustainability Officer, UOB Hong Kong ... Read more