ALBA Integrated Waste Solutions Hong Kong Ltd is building a waste electrical and electronic equipment treatment and recycling facility (WEEETRF) in the city to recycle regulated electric and electronic-waste, such as computers, televisions, air-conditioners and refrigerators, into valuable raw materials. More
On 24 June 2016, shock waves were felt globally, upon the discovery that the UK had voted 52% to 48% to exit the European Union. As a consequence, UK Prime Minister David Cameron, who campaigned to remain, announced his resignation as Prime Minister and Conservative Party Leader. This has left many in Hong Kong, and the world, questioning the nature of the UK’s place in the EU and as an entry point into the common European market. More
On 9 May 2016, the Irish Health and Safety Authority (HSA) launched an inspection campaign targeting retailers and distributors of liquid laundry detergent capsules, generally known as “liquitabs”. The aim of the campaign is to ensure that all of these liquitab products comply with additional EU-wide safety measures, which came into full effect on 1 January 2016. More
Tax and legal services consulting firms have set up in large numbers in Hong Kong to capture the more than half a trillion US dollars in investment flows sweeping throughout the region, the largest in the world and representing over a third of the globe’s foreign direct investment. More
The steady improvement in labour market and rebound in asset prices have greatly encouraged domestic consumption in the Netherlands, while soft energy prices, lower financing costs and higher corporate savings have underpinned investment. Nonetheless, with the fading out of the knock-on effects from previous stimulus programs, the Dutch economy will likely see a mild slowdown in growth to 1.7% in 2016. More
Fiscal consolidation, banking sector restructuring and structural reforms have spurred a recovery of the Spanish economy. Buoyant household and business confidence, plunging energy costs and a weaker euro have also added strength to the economy amid falling unemployment.
The UK has voted to leave the EU in a historic referendum. This has not only sparked immediate shockwaves across the global financial market, but also unleashed uncertainties over the future arrangements for Brexit. While the impacts of Brexit should be less significant in Asia, it would still be inauspicious for Hong Kong companies with an interest in the UK. More