MARKET SPOTLIGHT

market spotlight

Europe conflict raises price pressures in Taiwan

A shortage of key resources resulting from the Russia-Ukraine war is pushing up costs in the world’s leading semiconductor producer.

11 May 2022

Although neither Russia nor Ukraine number among Taiwan’s leading trading partners, the European conflict has already dealt a blow to the territory’s economy. The conflict is likely to contribute to a rise in inflation, which is now expected to exceed 2% this year.More

Topics: Business Management & Consultancy, Electronics & Electrical Appliances, Taiwan, Eastern Europe, trade

Asian financial hubs show strength

Financial centres in China in particular have a strong showing in a global survey, with four in the top 10 – more than any other country.

04 May 2022

As the centre of gravity for global finance shifts towards Asia-Pacific (APAC), cities in the APAC region in general and China in particular are performing strongly as financial hubs.More

Topics: Banking Services, Finance & Investment, Hong Kong, Mainland China, Fintech, banking

Sourcing surges online

An HKTDC survey shows 93% of international buyers used online sourcing platforms during the pandemic, but the future belongs to hybrid fairs.

26 April 2022

The COVID-19 pandemic impacted every area of economic activity across the world, from agriculture to utilities, and sourcing by importers and exporters was no exception.More

Topics: Event Organisation, Business Management & Consultancy, Hong Kong, trade

Waste wood brings green harvest

Hong Kong produces 120 tonnes of lignin a day from discarded wood – and chemicals derived from this waste can cut back on fossil fuel use.

20 April 2022

As any geologist can tell you, fossil fuels are the remains of long-gone plants and animals, many of them predating the denizens of Jurassic Park. This raises an obvious question – since we now discard huge amounts of plant and animal waste, could we not use such material to displace fossil fuels as sources of energy as well as products such as plastics and flavourants?More

Topics: Chemicals, Hong Kong, GBA, GBAFeature

New trade pact draws bullish response

The quarterly survey of business sentiment in the Greater Bay Areas shows hope that the recently launched RCEP will brighten prospects.

12 April 2022

The rollout of the giant Regional Comprehensive Economic Partnership (RCEP), a new trade grouping that stretches from Japan on the fringes of the Arctic to New Zealand on the edge of the Antarctic, is driving optimism on long-term business prospects among enterprises in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).More

Topics: Banking Services, Business Management & Consultancy, Hong Kong, ASEAN, GBA, GBAFeature

Connectivity rules for hub cities

With close historical links to the United Kingdom, Hong Kong continues to offer great opportunities for British businesses.

23 November 2021

London and Hong Kong have long functioned as hubs for massive geopolitical regions – the North Atlantic comprising Europe and North America, and Asia-Pacific.More

Topics: Association & Government, Hong Kong, Western Europe, trade, GBA

Attention seeker for cars

An Israeli company’s smart driver monitoring system can alert drivers to drowsiness and other factors that might impede safety.

06 April 2022

Single-vehicle collisions on remote roads late at night; a highway crash caused by a driver texting while driving; a truck that veered off the road at the end of its driver’s 12-hour shift. A single thread runs through these sad and familiar scenarios – driver inattention.More

Topics: Middle East, Mainland China, start-up, Vehicles

Healthcare goes digital

Medical innovation has risen to the forefront during the pandemic, building an ecosystem and generating opportunities for start-ups and SMEs.

29 March 2022

The COVID-19 pandemic has had a profound impact on the health industry, driving rapid digitalisation in the healthcare sector and forcing suppliers of medical devices and services to adapt.More

Topics: Finance & Investment, Medical Supplies & Medicine, Hong Kong, start-up, MedTech

Navigating the marketing maze

Rapid changes in technology and the impact of COVID-19 are rapidly transforming the global marketing space.

22 March 2022

In the classical age, markets in the eastern Mediterranean were abuzz with goods sourced from all over the world, changing hands for silver and gold minted by a wide array of authorities, with conversations in a diversity of languages. Merchants arriving from more obscure hinterlands needed to adapt quickly or lose out.More

Topics: Hong Kong, Mainland China, e-business, e-commerce

Price rises maintain value for HK exporters

Toy and electronics sectors manage to keep sales revenue positive despite the slowdown in trade.

18 March 2022

Exporters from Hong Kong are feeling the upsides and downsides of inflation, with the value of their products holding up at the same time as input costs expand and supply chain problems lead to shortages of raw materials.More

Topics: Business Management & Consultancy, Hong Kong, trade

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