Hong Kong – Investigation reports on four incidents involving Boeing 787 passenger aircraft published

Investigation reports on four incidents involving Boeing 787 passenger aircraft published

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     The Air Accident Investigation Authority (AAIA) today (August 11) published the investigation reports (3/2023 to 6/2023) on the investigations into four incidents involving Boeing 787 passenger aircraft which deviated from their courses while approaching Hong Kong International Airport (HKIA) between July and October 2019.

     In the four incidents, the aircraft deviated from the localizer courses during Instrument Landing System approaches to landing at HKIA. The pilots then assumed manual control of the aircraft which landed safely afterwards. None of the aircraft was damaged and no one was injured in the incidents.

     The investigation concluded that the incidents were caused by a software issue in the Autopilot Flight Director System of the aircraft. The investigation team has made one safety recommendation and the aircraft manufacturer has taken relevant action.

     The investigation team also identified an audio quality issue during a review of audio recording of a cockpit voice recorder in one of the incidents. The investigation team has made one safety recommendation based on which the aircraft manufacturer is reviewing the necessary actions.

     The investigation was conducted by a team of professional investigators in strict adherence to international standards established by the International Civil Aviation Organization (ICAO). “The objective of the investigation was to identify the circumstances and causes of the incidents with a view to preventing a recurrence,” an AAIA spokesperson said.

     Throughout the investigation, all parties concerned were properly consulted on the reports. The reports are available for download on the AAIA webpage (www.tlb.gov.hk/aaia/eng/investigation_reports/index.html). 

     The AAIA is an independent investigation authority responsible for the investigation of civil aircraft accidents and serious incidents in accordance with the Hong Kong Civil Aviation (Investigation of Accidents) Regulations (Cap. 448B) and with reference to the ICAO’s standards.

Hong Kong – Investigation update on murder and burglary in Kwai Chung

Investigation update on murder and burglary in Kwai Chung

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     Police continue to investigate a murder and burglary case happened in Kwai Chung on March 14, in which a 63-year-old woman died. A male suspect who was believed to have fled to Japan, has recently been confirmed dead.

     On March 14, Police received a report from an informant that his 63-year-old cohabiting girlfriend was found dead in a living room of a unit on 15 Kwai Yi Road.

     The Regional Crime Unit of New Territories South took over the case. On that night, Police quickly identified a local male suspect who lived in a neighbouring unit on the same floor as the deceased. The suspect had left for Japan from the Hong Kong International Airport on the same day at around 5pm, before the case was reported to Police.

     Further investigation revealed that the unit had been ransacked and the deceased sustained a fatal head injury suspectedly caused by a hard object. A crowbar stained with the deceased’s blood was seized at the scene, believed to be the murder weapon. Police also seized a pair of sneakers stained with the deceased’s blood in the male suspect’s room.

     Upon checking, five diamond rings, a mobile phone, a watch, five bank cards and a small amount of cash were found missing in the unit, which worth about $130,000 in total.

     Investigation revealed that the male suspect was suspected to have committed the offence alone. He entered the deceased’s unit by stealing her backup key, but was later caught in red-handed by the deceased. The male suspect was believed to have killed the deceased with a crowbar and fled after changing his clothes in his unit.
 
     Police have been actively investigating the case and seeking assistance from Japan’s law enforcement agency in locating the suspect over the past month.
 
     Police received a notification from Japan’s law enforcement agency on April 6 that a male body suspected to be the suspect was found in the suburbs of Yamanashi Prefecture at noon. A suicide note was found at the scene regarding the thought of committing suicide to avoid punishment.

     Japan’s law enforcement agency has recently confirmed the identity of the deceased and handed over the body to his family. Police have been following up on the developments and investigation is still underway.

Investigation and analysis of the three major challenges and advantages of developing business in the GBA

The Hong Kong Export Credit Insurance Corporation (HKECIC) and the Hong Kong Trade Development Council (HKTDC) have, for the first time, jointly released a survey study (Hong Kong – the Business Platform to Capitalise on Greater Bay Area Opportunities in the Post-pandemic Era).

The report found that Hong Kong companies are facing three major challenges: low-price competition, unfamiliarity with the Mainland legal/regulatory regimes, and financing and customer credit risks. However, opportunities coexist alongside the challenges. The companies surveyed expressed that Hong Kong enterprises have considerable unique advantages in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) market, including Hong Kong’s brand reputation and capacity to bring in high-quality foreign products. As such, Hong Kong companies are advised to make good use of their advantages and use the GBA as a springboard to further develop the huge domestic sales market in the Mainland, while diversifying the risks of relying on the international market.

Terence Chiu, Commissioner, HKECIC, said: “The HKECIC and the HKTDC have jointly conducted a research study for the first time as many parts of the world, including Hong Kong and the Mainland, see economic and trade activities gradually restarting. Given the uncertainty in overseas markets such as Europe and the United States, the domestic market in the Mainland can provide another option for Hong Kong companies, with the GBA being the ideal springboard. The HKECIC has always attached great importance to the Mainland market and began to underwrite buyers decades ago, and indeed the Mainland is now our biggest insured market after the United States. Riding on the development of the GBA, we will continue to support Hong Kong companies to seize the opportunities offered through the dual circulation strategy that can help them develop their business in the Mainland market.”

Dr Patrick Lau, Deputy Executive Director, HKTDC, said: “With a GDP of about US$1.96 trillion and GDP per capita of over US$22,500, the Guangdong-Hong Kong-Macao (GBA) is clearly a bright spot for business growth amid challenging market conditions affected by the COVID-19 pandemic, geopolitical issues, interest rate hikes and inflation. The HKTDC has been strongly advocating the GBA, and our GoGBA digital platform has reached a viewership of more than 590,000 since its launch over a year ago, which demonstrates the business community’s keen interest in the GBA opportunity. The HKTDC is very pleased to work with the HKECIC to conduct this research to further understand the pain points and needs of Hong Kong companies in developing the GBA market, and to collect opinions from and brainstorm with industry experts so as to make the GBA opportunity accessible by more Hong Kong companies.”

In the third quarter of 2022, the HKTDC conducted a questionnaire survey on the “Greater Bay Area Domestic Market Development Strategy”, surveying 413 Hong Kong companies that have either started developing domestic sales in the GBA or are planning to do so. Over 95% of the surveyed companies said they are facing various challenges, particularly those related to the pandemic such as disruptions in supply chain and production/sourcing activities as well as stringent border control measures. Besides, declining orders from overseas markets and spiralling costs have also dented business development.

Almost 70% of the respondents have sold directly to the Mainland buyers. Based on the weighted average amount, sales to the Mainland buyers account for 37.5% of the overall average annual sales of the respondents. Among them, over 90% have sold to Guangdong Province/the nine the Mainland GBA cities.

Shenzhen, Guangzhou and Dongguan are top three GBA cities in which Hong Kong companies have most interest

The Mainland GBA cities in which the companies surveyed are most interested in expanding into include Shenzhen (73.8%), Guangzhou (68.8%) and Dongguan (43.6%). Hong Kong companies mainly plan to sell products manufactured or sourced by them in the the Mainland as well as goods purchased from abroad to the GBA.

For sales channels, most of them sell to the Mainland importers/wholesalers (48.2%) and other business-to-business (B2B) channels. Almost 40% also sell directly to the Mainland consumers through websites or third-party platforms. Less than 14% of the surveyed enterprises have so far embarked on using e-commerce and internet applications to directly develop the GBA market. However, 65.1% would consider using these e-commerce applications to explore the Mainland market directly in the future.

Unfamiliarity with operation of the Mainland domestic market is biggest pain point for Hong Kong companies

Many survey respondents said they encounter various difficulties in expanding sales in the GBA, such as the Mainland market being flooded with cheap products (36.8%) and an unfamiliarity with the Mainland laws and regulations/product standards (35.8%). Some Hong Kong companies also mentioned issues relating to financing and customer credit (25.9%), including the lack of information on the credit background of the Mainland clients, capital shortage (23.5%), and the high risks of sales on credit (22.0%).

In addition, most Hong Kong companies would demand the buyer to make an advance payment (57.9%) or they would choose to bear the risks themselves (43.6%) in managing accounts receivable in the Mainland domestic sales. There are also a number of Hong Kong companies which buy credit insurance (14.0%) either directly in Hong Kong or through banks in Hong Kong.

To deal with the challenges involved, the companies surveyed said they need various support services, including promotion activities targeting the Mainland markets to identify buyers (33.2%) and marketing strategies for the GBA/Guangdong Province (31.5%). They also need support for a variety of financing and risk management services.

Hong Kong enterprises have unique advantages

In addition to the questionnaire survey, the HKTDC also conducted in-depth interviews with nine selected Hong Kong companies and industry representatives to better understand the views of the trade on how to bolster sales in the GBA.

Irina Fan, Director of HKTDC Research, said: “Hong Kong companies should make more use of innovative technologies to map out e-commerce solutions and build integrated online/offline sales channels in regard to domestic sales in the Mainland, enhancing their production and operational efficiency to help them seize GBA opportunities in the post-pandemic era.”

The companies surveyed believe that Hong Kong possesses various advantages in developing the GBA domestic market, including the good reputation enjoyed by Hong Kong brands or Hong Kong products on the Mainland (48.4%), and Hong Kong being good at bringing in quality and trendy products from overseas (43.3%).

The report also showed that products that are “Made in Hong Kong”, “Made by Hong Kong” and “Designed by Hong Kong” are all well received in the Mainland market. As such, Hong Kong companies should formulate the right business strategy targeting the domestic market as part of their plan to develop the GBA market.

Domestic sales risk management is crucial

According to the report, enterprises engaging in domestic sales in the Mainland or exports are inevitably exposed to certain market and customer credit risks. As credit transparency in the Mainland is rather low, Hong Kong companies must take risk management seriously and seek professional services that can provide due diligence checks when necessary to find out about the business status and credit background of their clients. Apart from the option of avoiding sales on credit to clients, Hong Kong companies should also consider using such tools as credit insurance to strike a balance between market development and risk control.

References

– HKTDC Research Portal: http://research.hktdc.com/

– Hong Kong – the Business Platform to Capitalise on Greater Bay Area Opportunities in Post-pandemic Era: https://research.hktdc.com/en/article/MTIzNDA4NTczNw

– Photo download: https://bit.ly/3h5tFJM

About HKECIC

HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of HK$55 billion for HKECIC’s contingent liability.

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in The Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the the Mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.

Media enquiries

HKECIC

Corporate Communication Division

Gina San

Tel: +852 2732 9998

Email: gina.san@hkecic.com

HKTDC

Corporate Communication & Marketing Department

Kate Chan

Tel: +852 2584 4239

Email: kate.hy.chan@hktdc.org






Topic: Research / Industry Report



Cybercrime Investigation and Coordination Center (CICC) confirms as supporting partner for PhilSec 2022

While the Philippines needs to spend over $20 billion on cybersecurity between 2017 and 2025 to compare with the “global best-in-class countries”, its Cybercrime Investigation and Coordination Center (CICC) has signed up with Tradepass to strengthen the country’s biggest cybersecurity event – PhilSec 2022.
PhilSec 2022 will be held on 12 – 13 July 2022 at the Sofitel Philippine Plaza in Manila and will attract 600+ cybersecurity experts (in-person & virtual) including the Heads of Information Security, Risk, Compliance, Forensics and Cyber Law from the leading public and private enterprises across the Philippines.

CICC has joined as the supporting partner for PhilSec 2022 to attract the best participation and recognition for the summit that is aimed towards enriching the cybersecurity environment of the country to make it more cyber-resilient.

In an interview, following the partnership announcement, Dir. Panfilo Neore L. Salva, Jr. (Director, Administrative and Finance Office (AFO), CICC Executive Committee) expressed his appreciation for the summit organizer, “It is remarkable for Tradepass through this event PhilSec 2022 to acknowledge and pay tribute to our country’s cybersecurity experts and bestow honour upon their ground breaking work that has empowered and truly uplifted the entire Philippines cybersecurity landscape.”

He also appreciated the cybersecurity experts for participating at PhilSec 2022, he said, “To our country’s cybersecurity experts, let me congratulate on this very important gathering, your love for our country is best explained on this effort of yours to find time and to put your energy to this productive endeavour.”

Top organizations like Delinea, ARCON, Okta, Recorded Future, CrowdStrike, CyberArk, Rubrik, ExtraHop, BlueVoyant, Claroty, BeyondTrust, Synology, Tenable, Parasoft, Swimlane, CybersCool Defcon, Senhasegura, ThriveDX SaaS, DDLS, Netskope, Sangfor Technologies, Cyfirma, ION Management Solutions, Noname Security, IPV Network, Cyberint and Secuna will lead the summit and showcase their cutting-edge solutions at their exclusive exhibition booths.

Mr. Anand Kannabiran, Vice President Sales APAC, Delinea expressed his excitement regarding the summit, he commented, “We are honoured to deliver the first enterprise keynote of this year’s edition. Cyberthreats are at an all-time high, leveraging the shift towards hybrid working environments escalated by the pandemic, and organisations struggle to meet these new challenges. By also chairing the CISO panel on the opening day, we hope to help shed some light on the status of cybersecurity and possible solutions to reduce risk and address modern threats.”

The summit will power two knowledge-packed days filled with insightful presentations on the most pressing industry topics, deep dive panel discussions with the leading thought leaders, live showcase of the best cybersecurity solutions and abundant networking opportunities.

For more information about the summit, log on to:
https://philsecsummit.com/

About Tradepass

Providing access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.

As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.

Hong Kong – FEHD announces investigation results of suspected breaches of legislation by catering premises in Wan Chai

FEHD announces investigation results of suspected breaches of legislation by catering premises in Wan Chai

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     The Food and Environmental Hygiene Department today (April 6) announced the investigation results of cases involving suspected breaches of legislation at a banquet that took place in a catering premises in Wan Chai in the evening of January 3 this year. A spokesman for the FEHD said that a summons was issued to the catering premises and a total of seven fixed penalty notices (FPNs) had been issued to six customers.



     There was extensive press coverage in early January on a banquet that took place in a catering premises in Wan Chai for suspected breaches of the applicable directions under the subsidiary legislation of the Prevention and Control of Disease Ordinance and other legislation, and great public concern was aroused. Upon learning that suspected breaches of legislation might have been involved in the banquet, the FEHD immediately initiated an investigation in consideration of the public interest.



     According to the applicable directions under the Prevention and Control of Disease (Requirements and Directions) (Business and Premises) Regulation (Cap. 599F) prevailing at that time, the operator of the catering premises was suspected to have failed to display the correct layout plan of “Designated Zone D” and the suitable notice of air change per hour on-site. The FEHD has issued a summons to the catering premises concerned and plea-taking is scheduled for April 22.



     In addition, the FEHD issued a total of seven FPNs to six customers. Four FPNs were related to the violation of applicable directions under Cap. 599F on the requirement for using the “LeaveHomeSafe” mobile application to scan the venue QR code, and the other three FPNs were related to the violation of the mask-wearing requirement under the Prevention and Control of Disease (Wearing of Mask) Regulation (Cap. 599I). All payments of the fixed penalties have been settled.