Many of the concepts around sustainable business require university-level physical or chemical engineering to understand and generate heated debate even within the green community; busy managers of small and medium sized enterprises (SMEs) can have a hard time navigating their way to such goals as Net Zero.
The meteoric growth of economies in Asia during the 20th and 21st centuries generated a phalanx of self-made millionaires and billionaires, many of whom now need to protect and grow their wealth for second and succeeding generations by setting up family offices.
Ireland was historically a farming country, and agriculture remains an important industry there though financial services, especially fintech, have since come to the fore. Conversely Hong Kong went from trade to manufacturing before becoming a global financial services centre.
The inaugural InnoEX, organised by the Hong Kong Trade Development Council (HKTDC) and Hong Kong SAR Government, offers exhibitors and visitors a chance to explore the next business opportunity at the premier platform for smart city innovation and technology commercialisation. Make your visit to discover next-generation strategies that provide a clear path towards brighter, smarter cities of tomorrow.
At a webinar entitled “Exploring the Metaverse: How SMEs Can Get Started”, organised recently by Hong Kong Trade Development Council (HKTDC) Research, industry experts explained business models and applications that small and medium-sized enterprises (SMEs) can use to access the metaverse through non‑fungible tokens (NFTs). Louis Chan, Principal Economist (Global Research) of the HKTDC, said SMEs with limited resources should draw up comprehensive plans for metaverse development, and learn how to use products such as NFTs for brand‑building, and ensure good management of the metaverse community.
The Hong Kong Trade Development Council (HKTDC) Export Index increased a further 1.9 points to 32.8 in the third quarter this year, indicating a sustained improvement in confidence in the short-term export performance. However, exporters face downward pressure on prices, with the Trade Value Index falling 11.5 points to 40.2.