The DOC has issued a new interim final rule aimed at securing the U.S. information and communications technology and services supply chain. Slated to enter into force on 22 March, the rule creates the processes and procedures that the U.S. Secretary of Commerce will use to identify, assess and address certain transactions between U.S. and foreign persons that (i) involve ICTS designed, developed, manufactured or supplied by persons owned by, controlled by More
After eight years of negotiation, the Regional Comprehensive Economic Partnership (RCEP) was signed on 15 November 2020 by 15 member countries including 10 ASEAN countries, as well as China, Japan, Korea, Australia and New Zealand. The RCEP Agreement will enter into force 60 days after six ASEAN member states and three non-ASEAN member states have ratified the agreement, as early as in the second half of 2021. More
Leaders of 15 Asia-Pacific nations signed the Regional Comprehensive Economic Partnership (RCEP) trade deal on 15 November. The wide-ranging treaty establishes a trade area that extends across a third of the world’s population and economic output. More
On 15 November, Chinese Premier Li Keqiang attended, via video link, the fourth summit of the Regional Comprehensive Economic Partnership (RCEP) comprised of China, 10 ASEAN nations, South Korea, Japan, Australia and New Zealand. More
Despite the introduction of electric vehicles (EVs) about a decade ago, inadequate supporting facilities and complicated charging procedures have been hindering the popularisation of EVs in Hong Kong. Looking to provide a hassle-free EV charging experience, Cyrus Chow and his friend founded oneCHARGE three years ago with a vision to accelerate the development of EV infrastructure and promote a more sustainable mode of transport in Hong Kong. More
As two of the four “Asian Tiger” economies which achieved spectacular expansion in the 1980s, Hong Kong and Korea (the others being Taiwan and Singapore) have extensive and growing trade, investment and business links. More
A medical aesthetics platform delivered via a social and mobile app, Charmfidence is challenging misconceptions about cosmetic surgery by providing better access to information. More
South Korea’s Ministry of Trade, Industry and Energy announced on 4 September that South Korea is “poised to abandon” its World Trade Organisation status as a developing country. According to an informal translation, the ministry indicated that “the status is no longer beneficial and will result in some confrontation with the United States, which is undesirable, and inter-ministerial talks are currently underway regarding the waiver.” More
The profile of Korean art in Hong Kong received a boost when Soluna Fine Art, a Korean-based gallery specialising in Asian contemporary fine art and objects, chose the city as its first permanent international outpost. More
