EU | Hong Kong Means Business

28 October 2022

As businesses in the United Kingdom seek new growth areas, Hong Kong’s role as a global financial hub and innovation centre is seen as an ideal platform to help them expand.

Creativity & Lifestyle

Healthcare start-up hits a high note

21 October 2022

A serial entrepreneur based in Hong Kong for more than 20 years, France-born Sophie Martineau set up her medical supplies business Aquila Healthcare under the brand AquilaVIE in 2020. The launch was in response to the COVID-19 pandemic, when demand for personal protective equipment (PPE) such as masks rapidly outpaced supply. More

hktdc research

Commission Launches Infringement Proceedings Against UK for Breach of Northern Ireland Protocol

22 June 2022

On 15 June 2022, the European Commission launched infringement proceedings against the United Kingdom with regard to significant parts of the Protocol on Ireland/Northern Ireland (“the Protocol”). According to the Commission, the UK’s failure to comply with the Protocol – despite numerous calls from the EU – is a clear breach of international law. More

Market Opportunities

Export outlook picks up

15 June 2022

The outlook among Hong Kong exporters saw a marked improvement in the second quarter of 2022 as a receding COVID-19 pandemic helped to revive freight flows and manufacturing activity. More

hktdc research

EU Adopts New Wave of Sanctions Against Russia: Majority of Oil Imports to Be Restricted

10 June 2022

The European Commission has reported on 3 June 2022 that it welcomes the adoption of the sixth package of restrictive measures (sanctions) against Russia. The package was published in the EU Official Journal on the same day. The package also imposes further sanctions against Belarus considering its involvement in the aggression. As with previous sanctions packages, they have reportedly been coordinated with international partners. More

hktdc research

New UK Legislation Announced to Unilaterally Change Northern Ireland Protocol

01 June 2022

The UK's foreign secretary Liz Truss has delivered an oral statement to the UK Parliament, in which she announced the UK’s intention to introduce legislation in the coming weeks to make (unilateral) amendments to the Northern Ireland Protocol, while also stating that the UK’s preference remains a negotiated solution with the EU. Should the amendments be adopted, this could trigger a trade war with the EU. More

Creativity & Lifestyle

Fashion foursome weaves magic

11 March 2022

When budding Hong Kong fashion designer Charlotte Ng met three fellow creatives at an industry event, little did she know the chance encounter would result in a business partnership. More

hktdc research

PHILIPPINES: GSP+ Status under Threat from New EU Resolution

03 March 2022

The European Parliament (EP) has warned the Philippines that it will suspend its trade privileges under the Generalized Scheme of Preferences Plus (GSP+) unless it complies with human rights obligations, and ensure free and fair elections in May 2022. More

hktdc research

Post-Brexit Renegotiation of Northern Ireland Protocol Continues in EU-UK Bid to Reach Agreement

15 February 2022

On 11 February 2022, the UK's foreign secretary Liz Truss and the European Commission’s Vice-President Maroš Šefčovič failed to reach agreement despite in-person negotiations over the existing Northern Ireland Protocol. The two sides have vowed to continue negotiations intensively, with a view to amending the existing deal. More

Market Opportunities

Digital dividend accelerates shift

18 January 2022

The productivity paradox has long mystified economists, who wonder why the heavy investment in digital technologies has brought relatively scant increases in output. More

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