As the trade dispute between the United States and Mainland China heats up and global economic growth slows, the Hong Kong Trade Development Council (HKTDC) has again lowered its export forecast, saying the city’s exports will decline 4% by value this year. More
Given its large pool of low-cost labour and its status as a major beneficiary of GSP schemes, Bangladesh is an ideal location for Hong Kong manufacturers - especially those in labour-intensive industries - looking to diversify their production base. However, despite the cost advantages, manufacturers should not overlook issues regarding labour, logistics and locations. More
Online sales channels, including B2C marketplaces and social media, have become a new force in the toys and games industry in Indonesia, Malaysia and Thailand. Given the young and tech-savvy consumers in these ASEAN countries, e-commerce offers an ideal sales platform for Hong Kong toys and games suppliers. More
In response to trade friction between Mainland China and the United States, exporters in Hong Kong are proactively finding their way out, Hong Kong Trade Development Council Director of Research Nicholas Kwan said when announcing the HKTDC’s latest export outlook. More
In a move likely to benefit Hong Kong's e-commerce operators, Russian customs authorities are now to receive details of the contents and value of inbound, Mainland China-origin packages, as well as having the statutory right to verify the accuracy of all such information. More
The State Council’s recently-issued Several Opinions on Promoting the High-Level Opening Up and High-Quality Development of Comprehensive Bonded Zones aims to accelerate the overall upgrade of the mainland’s comprehensive bonded zones. More
The fragmented and out-of-date information and communications technology used in the logistics industry, and efforts to rectify it, are common themes at industry forums, such as the Asian Logistics and Maritime Conference.