HKTDC RESEARCH

Supply Chain Automation: The Business Benefits

08 April 2021

As online shopping becomes increasingly popular, online shoppers expect businesses’ supply chains to provide more personalised products and to be able to deliver them faster in the future. Traders and manufacturers focusing on the mainland and Hong Kong markets should promote supply chain automation to increase efficiency in the manufacture and delivery of products.More

Topics: Hong Kong, online shopping, COURIER SERVICES

INDONESIA: One-Stop Online Logistics System Launched for Batam Island

08 April 2021

The Batam Logistics Ecosystem (BLE), a 24-hour, one-stop digital logistics system for Batam Island, has now gone live. According to a statement from the Ministry of Finance, the new system will help improve transparency, streamline processes and boost logistics management-related communications.More

Topics: ASEAN, Southeast Asia, trade, digitalisation

USTR Highlights Mainland Chinese Policies, Other Concerns in Annual Trade Barrier Reports

07 April 2021

USTR recently issued its annual National Trade Estimate report, which describes significant foreign barriers to U.S. exports of goods and services, foreign direct investment and e-commerce as well as the actions being taken to address those barriers.More

Topics: North America, Mainland China, Sino-US Trade, BIDEN ADMINISTRATION

Fast-track Procedure Used by European Parliament for Swifter Introduction of Covid-19 Certificate

07 April 2021

The European Parliament announced on 25 March that its members (MEPs) have accelerated the approval of the Digital Green Certificate, which would in principle allow for free movement and safe travel during the covid-19 pandemic. The Commission had published its proposal for this certification on 17 March 2021.More

Topics: EU, Mainland China, COVID-19, TRAVEL CERTIFICATE

China Unveils Import Tax Incentives for IC and Software Industries

07 April 2021

On 16 March, the Ministry of Finance and two other authorities issued a joint circular on import tax incentives to support the development of the integrated circuit (IC) and software industries (Cai Guan Shui No. 4 [2021]).More

Topics: Electronics & Electrical Appliances, Technology, Mainland China, integrated circuit, SOFTWARE INDUSTRY

China Releases Second List of Encouraged Generic Drugs

07 April 2021

The National Health Commission, together with five other government departments, including the Ministry of Science and Technology, the National Healthcare Security Administration and the National Medical Products Administration, recently released a joint circular containing a second list of encouraged generic drugs (Guo Wei Ban Yao Zheng Han No. 93 [2021]). More

Topics: Medical Supplies & Medicine, Mainland China, generic drugs

Measures for Supervision of Online Transactions Take Effect in May

07 April 2021

On 15 March, the State Administration for Market Regulation (SAMR) issued a set of measures for the supervision and administration of online transactions (SAMR Order No. 37 [2021]).More

Topics: Mainland China, online transaction, e-commerce law

Start-Up Hong Kong: Optimising Opportunities in the Greater Bay Area

07 April 2021

Rocky Yu, founder of Qianhai Gangjunda Shenzhen Business Services Co Ltd, talked to HKTDC Research about the business environment in the Guangdong-Hong Kong-Macao Greater Bay Area in recent years, and about areas that Hong Kong start-ups in the GBA should pay special attention to. He discussed the tremendous potential in cross-border e-commerce in the GBA and advised Hong Kong enterprises operating on the mainland to stay vigilant and flexible. More

Topics: Hong Kong, Mainland China, cross-border e-commerce, entrepreneurship

Thai Consumers: Marketing Throughout the Customer Journey (4)

07 April 2021

According to Bain and Co., a 5% increase in customer retention can increase a company’s profitability by 75%. Businesses can usually get current customers to make repeated purchases more easily, and cheaply, than they can find new customers. It is therefore critical for businesses to look at ways to keep customers happy and to build a strategy for customer retention. More

Topics: Advertising Services, ASEAN, Southeast Asia, middle class, CONSUMER LIFESTYLE

SRI LANKA: New Legislation Paves the Way for Colombo Port City SEZ

07 April 2021

The Colombo Port City Economic Commission Bill has been approved and should pass into law next month, paving the way for the creation of a special commission authorised to grant registrations, licences, authorisations and other required approvals for conducting business in the planned Colombo Port City Special Economic Zone.More

Topics: Other Asian Countries, Sri Lanka, sez, COLOMBO PORT

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