AUSTRALIA

01 June 2022

The US, together with 12 Asia-Pacific economies, announced on 23 May the launch of the Indo-Pacific Economic Framework (IPEF) to set rules on trade and tech. The move is aimed at strengthening US ties to the region and defining the coming decades’ technological innovation and the global economy. More

Creativity & Lifestyle

Opening up a world of beauty

10 May 2022

The beauty industry is big business in Hong Kong, but until recently international brands from Europe, the United States, Japan and Korea dominated the trade. More

hktdc research

INDIA: Interim Trade Deal with Australia Signed

07 April 2022

On 2 April 2022 India and Australia signed the India-Australia Economic Cooperation Trade Agreement (IndAus ECTA), India’s first trade agreement with a developed country in over a decade, according to a statement from India’s Ministry of Commerce & Industry. More

hktdc research

ASIA: Hong Kong Makes Official Application to Join the RCEP

08 March 2022

Hong Kong has started proceedings to join the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade bloc that commenced on 1 January 2022, comprising 15 countries including China, Australia, Japan, New Zealand, South Korea, and the ASEAN states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. More

Tech & Innovation

Beefing up the biotech value chain

03 March 2022

Melbourne grew explosively in the mid-19th century following the discovery of gold in Victoria, and the city later found its feet as a wool export hub. By the 21st century, Melbourne had developed into a resource and life-sciences hub, continuing to update its capabilities. More

hktdc research

ASIA: RCEP Free Trade Deal Takes Effect for 10 Signatory Nations

14 January 2022

The Regional Comprehensive Economic Partnership (RCEP) entered into force on 1 January 2022, meaning that businesses in Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam will now benefit from tariff elimination on about 92% of goods over time. More

hktdc research

ASIA: Regional Comprehensive Economic Partnership Set for January 2022 Launch

10 November 2021

The Regional Comprehensive Economic Partnership (RCEP) trade agreement is set to enter force on 1 January next year. More

hktdc research

RCEP to Take Effect in January 2022

08 November 2021

The ASEAN Secretariat announced on 2 November that it has received instruments of ratification for the Regional Comprehensive Economic Partnership (RCEP) from Brunei, Cambodia, Laos, Singapore, Thailand, Vietnam, China, Japan, New Zealand and Australia. More

hktdc research

CBP Plans Test of Improved Foreign Business Identifier

09 September 2021

U.S. Customs and Border Protection is planning to launch in spring 2022 a test of an improved method of identifying foreign business entities, supply chain roles, authorised economic operator programme status, and foreign addresses. More

Market Opportunities

Global sustainability network for start-ups

18 June 2021

As the COVID-19 pandemic has moved health to the top of everyone’s agenda, sustainable development — which is conducive to a healthy environment — is gaining traction. More

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