DIFC opens 2nd Future Sustainability Summit to accelerate global transition to low-carbon, climate-stable future

  • DIFC convenes more than 3000 industry leaders, 3000+ attendees, 100+ companies, 500+ investors, 100+ global speakers, 50+ countries to collaborate and share insights
  • Event highlights UAE’s sustainable practices in decarbonisation and comprehensive financial mechanisms in the roadmap to achieving Net Zero goals by 2050
  • Events sets the stage for signing of agreements in line with the commitment to transitioning to a sustainable economy

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, today welcomed more than 3,000 industry leaders, government officials, and sustainability experts to the 2nd Future Sustainability Summit 2024. The event convened global experts to ideate, collaborate and inspire with insights, to accelerate the global transition towards a low-carbon, climate-resilient future, and showcase the UAE’s sustainable practices, specifically in the financial environment.

The first day of the Future Sustainability Forum showcased thought leadership in panel discussions on topics including facilitation and development of green financing mechanisms, enhancing stakeholder engagement for sustainable development, decarbonisation of the energy sector, prominence of building a circular economy, ESG reporting, and a roadmap to a sustainable 2025. The second day of the event will see industry-focused discussions surrounding innovation, digital transformation and smart cities.

The event attracted 100 global speakers from 50-plus countries, highlighting the importance of the UAE’s sustainability initiatives. Notable speakers at the event included H.E Eng. Saeed Ghumran Al Remeithi, Group Chief Executive Office, Emirates Steel Arkan (EMSTEEL), Eng.  Yousif Al Ali, Chief Executive Officer, Etihad Water & Electricity (EtihadWE), Capt. Saif Al Mheiri, Chief Executive Officer and Chief Sustainability Office, Abu Dhabi Maritime and AD Ports Group, Yasser Zaghloul, Group Chief Executive Officer, National Marine Dredging Company (NMDC), Dr. Manfred Braunl, Chief Executive Officer, Porsche Middle East and Africa FZE, Dr. Bernd Van Linder, Chief Executive Officer, Commercial Bank of Dubai, Vijay Bains, Chief Sustainability Officer and Group Head of ESG, Emirates NBD, Oliver Philips, Regional Head of Sustainable Finance, Middle East and Africa, Barclays, and Jane Goodland, Group Head of Sustainability, London Stock Exchange Group.

Among the attendees were over 500 global investors, and more than 20 per cent of those investors represent funds with portfolios of USD100mn and above. This robust investor presence emphasised a strong focus on climate technology and renewable energy, underscoring the forum’s role in driving sustainable investment and actionable insights in these critical areas.

Alya AlZarouni, Chief Operating Officer at DIFC Authority and Co-Chair of the Dubai Sustainable Finance Working Group, commented, “DIFC is committed to establishing synergies worldwide with governments, organisations, industries, investors and more, to drive the transition to Net Zero with sustainable finance mechanisms. The Future Sustainability Forum enables this transition through collaboration and knowledge sharing that inspires learning. Sustainability requires innovation, considerable finance, education, reporting, and capacity building. At DIFC, we are poised to reinforce our leadership in contributing to the UAE’s climate action strategies and economic development by driving the future of finance.”

Since the UAE ratified the Paris Agreement in 2016 to contribute to climate action, there has been considerable progress in transitioning the country to a more sustainable, climate-resilient, and low-carbon economy. The UAE’s Net Zero agenda is a long-term plan aiming to achieve the sustainable development goals within the country. As a result, sustainable finance has been gaining momentum evidenced by the growth in green bond issuance, implementation of key international and regional projects to foster sustainability and other decarbonisation initiatives within the finance sector.

Dubai – and DIFC – have championed efforts towards driving climate finance mobilisation in the region. At COP28, DIFC announced the launch of its Sustainable Finance Catalyst, a strategic initiative to grow sustainable finance flows from Dubai to USD100 bn by 2030. The future of sustainability lies in innovation, global collaboration, and the transition to a circular economy.

The 2nd edition of the Future Sustainability Forum is supported by:

Strategic Government Partners: Dubai Municipality, Ministry of Energy and Infrastructure
Strategic Partner: DIFC Sustainable Finance Catalyst
Presenting Sponsor: Commercial Bank of Dubai
Powered By: Mashreq
Platinum Sponsors: Deloitte, Esyasoft
Gold Sponsor: Emirates NBD
Mobility Partner: Salik
Silver Sponsors: Barclays, S&P Global, Hedge5, Ahya, Blue Sun
Roundtable Sponsors: LSEG, Vision Bank
Bronze Sponsors: White Hydrogen, Zero, Al Masaood, United Arab Bank, GIM-UEMOA, Pasqal, Ajman Bank, Lafarge, TRST01, TENDERD
Official Media Partner: Arabian Business
Ecosystem Partner: Entrepreneur Middle East
Financial Sustainability Media Partner: The Fintech Times
Official Sustainable Economy Partner: Finance World Magazine
Technology Media Partner: Mena Tech

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa, and South Asia (MEASA), which comprises 77 countries with an approximate population of 3.7bn and an estimated GDP of USD 10.5trn.

With a 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe, and the Americas through Dubai. 

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of 43,800 professionals working across over 6,150 active registered companies – making up the largest and most diverse pool of industry talent in the region. 

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.  

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels, and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations. 

For further information, please visit our website: difc.ae, or follow us on LinkedIn and X @DIFC.

For media enquiries, please contact: 

Nivine William | Nisha Celina
Burson | bursonglobal.com
nivine.william@bursonglobal.com | nisha.celina@bursonglobal.com

Rasha Mezher | Dubai International Financial Centre Authority  
Manager, Marketing & Corporate Communications
+9714 3622451
Rasha.Mezher@difc.ae

Shadi Dawi
Senior Director – PR & Media
+971 55 498 4989
shadi@tresconglobal.com 

CISO Sydney 2025: Uniting Cybersecurity Leaders for a Safer Future

Now in its fourth year, CISO Sydney 2025 is the largest annual gathering of NSW’s most senior InfoSec decision makers. The conference will be hosted on the 11-12 February at the Royal Randwick Racecourse.

CISO Sydney comes to you conveniently co-located with other three events, hosted at the same place: OT Security Sydney, AppSec & DevSecOps Sydney and Cloud Security Sydney. This will offer you and your teams a comprehensive platform to gain the crucial insights and connections you need to keep your business at the forefront of the industry.

AIIA members get 20% OFF the ticket price

Get 20% OFF your ticket price with the discount code AIIA20OFF, applicable to any of the four events below. To redeem it, just go to the event registration page, fill out the form, and add the code in the discount code field. Note that the discount is not valid for solution providers or consultants.

CISO Sydney | 11-12 February | Royal Randwick Racecourse

Download the agenda | Registration (use code AIIA20OFF) | Website

Learn how your peers are driving growth and cultural change by balancing risk and ensuring secure operations.Discover strategies to leverage AI’s transformative potential while mitigating risks.Gain valuable insights into the emerging threat landscape to enhance your organization’s cyber resilience.Master incident management with effective detection and response strategies.

OT Security Sydney | 11 February | Royal Randwick Racecourse

Download the agenda | Registration (use code AIIA20OFF) | Website

Learn how to enhance security in interconnected environments by minimizing the OT attack surface.Gain insights into the convergence of IT and OT teams, prioritizing data confidentiality, integrity, and availability alongside asset safety and reliability.Explore strategies to reduce OT system vulnerabilities through network segmentation and robust security practices.Understand the impact of evolving regulations and standards on your organization and ensure compliance of your operational technology systems.

Cloud Security Sydney | 12 February | Royal Randwick Racecourse

Download the agenda | Registration (use code AIIA20OFF) | Website

Optimise operational continuity and enable quick recovery from disruptions with well-prepared, collaborative strategies.Learn how to mitigate risks associated with automation and AI, ensuring secure deployment of advanced technologies in the cloud.Discover frameworks for cloud security governance that address regulatory compliance, risk management, and data protection.Gain insights into maintaining visibility and monitoring in dynamic cloud environments to detect unusual activity and protect critical assets. 

App Sec & DevSecOps Sydney | 12 February | Royal Randwick Racecourse

Download the agenda | Registration (use code AIIA20OFF) | Website

Learn how to evaluate AppSec and DevSecOps effectiveness through metrics and frameworks to drive continuous improvement.Discover how your peers are mastering continuous integration and monitoring DevOps to overcome multi-cloud challenges and secure CI/CD pipelines.Learn effective ways to empower developers with the skills and tools they need for secure coding, balancing automation with necessary human oversight.Explore innovative approaches to managing supply chain risk, ensuring compliance, preventing attacks, and automating governance.

Don’t miss this opportunity to learn and network with industry leaders! Join us today!

About Corinium Intelligence

Corinium Intelligence is a global leader in providing conferences, events, and content to the information and technology industries. With a focus on fostering collaboration and innovation, Corinium Intelligence brings together industry leaders to share insights, best practices, and strategies for success.

For more information, please contact:
Moira Ungerleider
Marketing Manager
moira.ungerleider@coriniumgroup.com

25th Hong Kong Forum concludes successfully

– More than 320 leaders from Hong Kong Business Association Worldwide join
– To explore the latest development opportunities in Hong Kong

The 25th Hong Kong Forum drew to a successful close today, facilitating exchange and creating cooperation opportunities among businesses from different regions. Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), the two-day event attracted more than 320 business leaders from 28 countries and regions, focusing on hot topics such as Hong Kong’s business outlook, the development of the Northern Metropolis and youth entrepreneurship, providing participants with in-depth insights into different areas and actively promoting the advantages of Hong Kong’s “eight centres”.

Promoting Hong Kong as a key international business platform

Giving the opening remarks on the first day of the event, Margaret Fong, Executive Director of the HKTDC, said: “We have held the Hong Kong Forum for 25 consecutive years. In the late 1990s, when the Asian financial crisis gripped much of the region and the long process of recovery had just begun, we launched this event to demonstrate to the world that, despite the crisis, our city remained a vital international business platform.”

She also mentioned the development of the Guangdong-Hong Kong-Macau Greater Bay Area (GBA). “With Hong Kong being the most international city in the GBA and a two-way gateway to Mainland China, our city is a ‘super-connector’ linking the mainland with the world. With our strengths in traditional industries and the strides we are making in newer sectors, Hong Kong is brimming with opportunities. Amid today’s digital and sustainability agendas, the city is accelerating its transition towards a more innovation-driven, digitally competitive and greener future.”

Hans Poulis, Chairman of the Federation of Hong Kong Business Associations Worldwide, said: “We had some remarkable sessions lined up this year, including a discussion on the foundation of global competitiveness that emphasised the critical role of the rule of law and international cooperation in maintaining Hong Kong’s status as a leading financial hub. We also explored the Northern Metropolis initiative, which aims to position Hong Kong as an international business and innovation hub, highlighting its strategic significance within the Greater Bay Area. We also delved into the efforts of local industries to drive sustainability, showcasing innovative practices that are shaping a greener future for Hong Kong.”

John Lee, Chief Executive of the HKSAR, was Guest of Honour at the Hong Kong Forum’s keynote luncheon on the second day of the event (4 December). He said: “Hong Kong is the world’s ‘super connector’. Hong Kong has long attracted businesses and investors, thanks to our clear and compelling advantages – from a free and open investment environment and simple and low tax system, to modern infrastructure and logistics networks and the unfettered flow of information, capital, goods and people.”

He additionally mentioned: “To build on our strengths, the Hong Kong SAR Government has implemented a wide range of initiatives, over the past two years, promoting economic opportunities. We are pressing ahead with the development of the ‘eight centres’ of excellence, as set out in the 14th Five-Year Plan, as well as the Northern Metropolis, the new engine of Hong Kong’s economic future. We’ve also set up Hong Kong Talent Engage and the Office for Attracting Strategic Enterprises, to boost our strategic value and drive for talent and enterprises.”

Focusing on HK’s legal system, the Northern Metropolis and green transformation

Upholding the rule of law and maintaining strong international cooperation are essential to the continued success of Hong Kong as a global financial and business hub. In a session titled “The Foundation of Global Competitiveness” on the first morning of the forum, Rimsky Yuen, Senior Counsel and former Secretary for Justice, examined how Hong Kong’s robust legal system, based on the principles of common law and the independence of the judiciary, has been instrumental in establishing the city as an open, transparent and trusted place for business.

The latest Policy Address highlighted how Hong Kong is moving forward, with the Northern Metropolis becoming a new engine for the city’s future growth. Vic YauDirector of the Northern Metropolis Co-ordination Office of the Development Bureau, provided participants with an overview of the key features and strategic significance of the Northern Metropolis initiative, highlighting its potential to strengthen Hong Kong’s role as a leading finance-technology “dual engine” within the GBA. The Northern Metropolis will provide a new economic impetus for Hong Kong, underpinned by innovation and technology development that will help the city develop into an international business and innovation hub.

Sustainability was also in focus at the forum, with local business leaders sharing their valuable experience in promoting green transformation in different industries and enterprises and providing participants with a comprehensive overview of their sustainability efforts and innovations. The speakers included Adriel Chan, Chair of the Hang Lung Group; Joseph Law, Managing Director of CLP Power; Poman Lo, Vice Chairman and Managing Director of Regal Hotels International; and Heidi Yu Spurrell, Founder & CEO, Future Green.

In the morning session on the second day of the forum, a group of young Hong Kong-based entrepreneurs, include Sidhant Gupta, Cofounder of Clear Robotics LimitedCarla Martinesi, CEO & Cofounder of CHOMP; and Christian Secci, CEO & Cofounder of alfred24, discussed their experiences running startups with a focus on innovation and transformation, exploring how innovation drives entrepreneurship and creates fresh ideas, new technologies and different models that can help to transform industries.

The forum also announced the latest addition to the FHKBAW, with the Spain-Hong Kong Business Association joining its ranks this year. This signals the continued expansion of the federation and reflects the strong interest European countries have in establishing ties with Hong Kong.

Global business representatives visit Hong Kong logistics facilities

Over the two days of the forum, FHKBAW representatives visited key logistics facilities, including Hong Kong Air Cargo Terminals Limited, Hong Kong International Airport and Cainiao Smart Gateway, to gain a better understanding of the latest developments in Hong Kong’s logistics and air cargo industry, and to experience the unique opportunities presented by city’s “eight centres”.

The Hong Kong Forum is the annual flagship event of the FHKBAW. The federation, founded in 2000, comprises a network of 49 business associations with about 11,000 business executives and professionals from 38 countries and regions as its members.

Forum website: https://hkforum.hktdc.com/conference/hkforum/en

Photo download: http://bit.ly/4ilc2An

The 25th Hong Kong Forum, organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide (FHKBAW), concluded today
The two-day event attracted more than 320 business leaders from 28 countries and regions
Margaret Fong, HKTDC Executive Director, said in her opening remarks that with Hong Kong’s strengths in traditional sectors and the strides it is taking in newer sectors and industries, the city is brimming with opportunities
Hans Poulis, Chairman of the Alliance of Hong Kong Business Associations Worldwide, delivered one of the opening speeches on the first day of the forum
John Lee, Chief Executive of the HKSAR was the Guest of Honour at the Hong Kong Forum’s keynote luncheon on the second day of the event (4 December)
The two-day forum featured in-depth discussions on a range of hot topics including sustainability and youth entrepreneurship

Media enquiries

Please contact the HKTDC’s Communications and Public Affairs Department:
Clayton Lauw Tel: (852) 2584 4472 Email:clayton.y.lauw@hktdc.org  

HKTDC Media Room: http://mediaroom.hktdc.com  

About FHKBAW

The Federation of Hong Kong Business Associations Worldwide is a unique network of 49 Hong Kong Business Associations in 38 countries and regions with about 11,000 individual associates. These Hong Kong Business Associations were started by overseas traders, buyers and professionals, who have strong business links to Hong Kong in their respective countries, for the purpose of networking and exchanging of business information and ideas. Each of these Associations has their own individual members who are top business people and SMEs in their home country. They are Hong Kong’s closest allies and partners in the world market. With the help of the Hong Kong Trade Development Council (HKTDC), these Associations formed the Federation of Hong Kong Business Associations Worldwide in November 2000. The Federation aims to achieve synergy among the global network of Hong Kong Business Associations. It provides an effective base for member associations to network and exchange information, thereby, generating business opportunities. Website: https://www.hkfederation.org.hk/about

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitionsconferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

#CTS24 Concluded Last Week, Advancing Net-Zero Goals and Sustainable Solutions

 The 3rd edition of the London Climate Technology Show concluded last week, paving a vital roadmap towards fully decarbonising our planet through sustainable technologies. The event brought together policymakers, eco-technology leaders, industry professionals, and innovators, all unified in their call for an immediate shift to sustainable and green solutions to secure a better future for the planet.

The two-day event opened on 27th November with an inspiring keynote by Felicity Burch, Executive Director of the Responsible Technology Adoption Unit at the Department for Science, Innovation, and Technology (DSIT), who spoke about AI Innovation in Clean Energy and the DSIT’s Manchester Prize. Following her, Ing. Abigail Cutajar, CEO of the Climate Action Authority, talked about Pioneering the Surge Towards Climate and Energy Transitions.

The conference unfolded over two dynamic days, featuring a packed agenda of insightful presentations and engaging panel discussions. It delved into actionable strategies for decarbonisation, advancements in AgriTech, the evolving carbon market, eco-funds, energy, CCS, built environment and other groundbreaking innovations in climate technology.

Notable discussions highlighted the need for farmers to balance carbon stewardship with food production over the next few decades, the importance of consistent government policies to enable businesses to plan and innovate effectively, and the urgency of addressing digital and engineering skill shortages to ensure a successful green energy transition. Industry experts also called for common sustainability metrics to measure corporate efforts fairly, emphasized the value of collaboration over competition to accelerate the green transition, and underscored the need for farmers to access landscape-level data to enhance biodiversity.

The exhibition hall featured groundbreaking innovations and solutions in sustainability and climate technology, including carbon capture and storage (CCS) from companies like CGI and Terra CO2 Technology, carbon management and accounting solutions by Greenly and Gaia Carbon Accounting, and emerging climate technologies from innovators such as Nabla Flow and Luna 9. Other exhibitors showcased AI-driven solutions, sustainable energy systems, and innovative carbon reduction technologies, presenting a comprehensive snapshot of the future of climate tech.

#CTS24 also hosted interactive side events, including startup acceleration programs and hands-on workshops, providing participants with opportunities for learning, networking, and collaboration. These sessions empowered attendees to adopt transformative technologies and take decisive climate action.

Attendee Experiences

The event received overwhelming positive feedback:

  • Mark Haley, Co-founder of Cero3, shared, “We’re so proud to have unveiled our sustainable travel planner. The feedback and interest exceeded our expectations.”
  • Satyajit Mohanan, Projects and Business Development Coordinator at Cambridge Cleantech, remarked, “It was a pleasure to be part of this event. I met amazing people and look forward to the next edition.”
  • Dennis Chacko, Senior Sales Manager at the British Board of Agreement, shared his excitement over a unique sustainable pen: “Once used, you can plant it to grow something new—a powerful reminder of how everyday items can contribute to a greener future.”

As this successful edition concludes, the organisers are already planning for a bigger, more impactful 4th Edition, with expanded content and greater opportunities to drive meaningful change toward a sustainable future.

For further information, please reach out to us at press@valiantandcompany.com.

Trescon’s World Blockchain Summit Rebrands to HODL, Signalling a Bold New Era for Innovations in Blockchain and Beyond

Since its inception in 2017, the World Blockchain Summit (WBS) has grown into the world’s longest-running and most prestigious blockchain and Web3 event series, hosting 29 successful editions across 16 countries. Over the years, WBS has established itself as a key platform that unites global innovators, investors, and policymakers to shape the future of decentralised technology. Today, Trescon proudly announces the evolution of this iconic event with a bold rebranding to HODL, a name that embodies resilience, progress, and the limitless potential of blockchain and Web3 ecosystems.

HODL will make its highly anticipated debut at the 30th global edition of the summit in Dubai, UAE, on April 28-29, 2025. This rebranding marks a significant shift toward positioning the event as a premier platform for serious business, innovation, and deal-making in the blockchain space.

Why the Rebrand

The transition from WBS to HODL reflects the evolution of the event from a conference series to a strategic platform driving real business outcomes. HODL now embraces not only blockchain but also the broader horizons of innovation and collaboration within Web3, crypto, and emerging decentralised systems. The focus is on creating meaningful connections between ground-breaking blockchain projects, pre-qualified investors, enterprise leaders, and government regulators. This shift reflects a commitment to facilitating collaborations that will shape the future of the blockchain industry.

What to Expect at HODL 2025 in Dubai

  • Trailblazing Thought Leaders: Hear from top blockchain innovators, industry pioneers, and government representatives shaping the future of blockchain and decentralised ecosystems.
  • Deal-Making Opportunities: Engage with pre-qualified investors actively seeking the next big blockchain projects.
  • Enterprise & Government Collaborations: Dive into discussions on regulatory frameworks, public-private partnerships, and enterprise adoption strategies for blockchain.
  • Cutting-Edge Innovations: Witness live showcases of groundbreaking blockchain use cases, crypto solutions, and Web3 technologies from around the world.

Dubai, known for its progressive blockchain policies and visionary leadership, is the perfect launchpad for the HODL brand. With Dubai’s commitment to becoming a global hub for blockchain and Web3 innovation, HODL is poised to make an unprecedented impact on the world of blockchain.

Quotes

Mohammed Saleem, Founder and Chairman, Trescon, commented:

“The rebranding of World Blockchain Summit to HODL marks a pivotal moment in our journey as we move beyond simply hosting events to becoming a true enabler of blockchain and Web3 innovation. With HODL, we aim to create a future-focused, results-driven platform that empowers projects, investors, and governments to collaborate meaningfully and shape the next era of decentralized technology.”

Anil Kumar, COO, Trescon, added:

“HODL isn’t just a rebrand—it’s a redefinition of what a blockchain event should be. It is a testament to our vision of facilitating real outcomes through deal-making, partnerships, and showcasing transformative blockchain solutions to the world. Dubai, with its ambitious blockchain agenda, is the perfect stage for this transition.”

The Legacy of WBS

For nearly a decade, the World Blockchain Summit has led the way in blockchain adoption, creating a legacy as the longest-running Web3 event. The rebrand to HODL builds on this legacy, signalling a more strategic, business-centric approach to blockchain’s integration into industries and society.

Join Us at HODL 2025 in Dubai

Mark your calendars for April 28-29, 2025, and join us in Dubai for HODL – The Vanguard of Blockchain and Beyond, where innovation meets opportunity.

For more details and early registrations, visit: hodlsummit.com/dubai2025.

About HODL

HODL is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally. It is the world’s longest-running blockchain, crypto, and web 3-focused summit series. Since its inception in 2017, it has hosted more than 20 editions in 11 countries and strives to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging start-ups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.

About Trescon

Trescon is a global leader in business events, focusing on the adoption of emerging technologies and sustainable solutions. With a portfolio of industry-leading events, including HODL (formerly WBS), Trescon is dedicated to creating platforms that foster innovation, collaboration, and economic growth.

Media Contact:
Shadi Dawi
Senior Director
PR, Comms., and Partnerships, Global & MEA
E: shadi@tresconglobal.com | M: +971 55 498 4989

Survey: New Opportunities in Cross-border E-commerce

  •  90% of Hong Kong businesses foresee e-commerce growth
  • experts call for risk management

The Hong Kong Export Credit Insurance Corporation (HKECIC) and Hong Kong Trade Development Council (HKTDC) jointly released a research study today, titled “Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders”. The study revealed that 90% of surveyed companies anticipated that cross-border e-commerce could drive significant sales growth in the business in the next two years.  However, the market-related challenges continue to persist, including intense market competition, complex customs clearance procedures and the management of returns and refunds. In light of these challenges, experts recommend developing appropriate online marketing and sales strategies, enhancing risk management and adopting efficient logistics and delivery practices to better seize the opportunities presented by cross-border e-commerce.

Mr Terence Chiu, Commissioner of HKECIC, said, “The joint research study of the HKECIC and the HKTDC helps the industry in gaining deeper understanding of the latest development in expanding cross-border e-commerce, as well as outlining the challenges faced by businesses and the support they needed. While cross-border e-commerce has seen a significant growth in recent years, the study highlighted that the market remains highly competitive, and the ecosystem and related infrastructure still require further improvement.  In addition, many e-commerce businesses have limited assets and insufficient collateral to secure financing from traditional banks and financial institutions, reflecting the ongoing challenges in the e-commerce environment. This year, the HKECIC has collaborated with a fintech and a reinsurance company, and also a bank to develop bespoke trade credit insurance solutions, aiming to provide coverage for trade loans to Hong Kong e-commerce businesses. These initiatives encourage and support local enterprises in securing trade financing and expanding into cross-border e-commerce. The HKECIC will actively seek collaboration with more financial institutions, in line with the 2024 Policy Address, to better support Hong Kong businesses in securing e-commerce export financing. By leveraging its expertise in trade credit insurance and risk management, the HKECIC is dedicated to assisting Hong Kong businesses in maintaining their competitive edge, helping them explore new overseas markets, mitigate trade risks and reduce operating costs.”

Dr Patrick Lau, HKTDC Deputy Executive Director, said, “E-commerce has become a key driver of the global economy. The World Bank estimates that global B2C e-commerce sales will reach US$6 trillion by 2024, with Mainland China leading the way – over a quarter of retail consumer goods sales occur online. In collaboration with the HKECIC, the study aims to help Hong Kong businesses explore new markets and seize opportunities. The HKTDC will continue to support local companies in engaging with e-commerce and taking advantage of growth opportunities on the global stage.”

From June to August 2024, the HKECIC and the HKTDC conducted phone and online interviews with 352 local trade and manufacturing companies to assess the development of Hong Kong companies’ cross-border e-commerce operations, while also detailing the challenges they face and identifying the support services they require.

Driving significant sales growth in the next two years
As network technology has become more widespread, while electronic payment services are now ubiquitous and e-commerce platforms have come to offer an ever-expanding range of services, even new entrants and smaller businesses can easily develop cross-border e-commerce operations on a global basis. 90.0% of surveyed companies anticipated that cross-border e-commerce could raise their total sales revenue in the next two years.

The surveyed companies in general indicated that cross-border e-commerce positively impacts their expansion plans whether via broader sales channels (69.0%), new market opportunities (50.3%), or enhanced brand awareness (48.9%).

Reaching out to global markets: Focusing on the Mainland and ASEAN
HKTDC Principal Economist Wing Chu, who led the study, said, “The scope of cross-border e-commerce business for Hong Kong companies spans all parts of the world, covering markets, such as Mainland China (75.2%), ASEAN (53.0%), the US (42.2%), Japan (30.9%) and the EU (30.0%). Looking ahead, respondents generally agreed that, for the next two years, Mainland China (61.6%) and ASEAN (44.3%) offer the greatest growth potential. The surveyed companies generally hope to make use of risk management to meet market competitiveness and the challenges outlined, such as insurance for cargo transportation or payments (39.8%), e-commerce promotion (34.4%) and logistics services for both delivery and product returns (33.5%).”

Coping with online and offline challenges
Cross-border e-commerce operators must confront a variety of practical issues relating to both online and offline procedures, including goods delivery, platform charges, exchange rates and refunds as well as market, regulation and financing issues.

Of the companies surveyed, 38.4% said that customs clearance procedures in Mainland China and foreign markets are complex, with 31.3% indicating that product returns involve complicated procedures and / high costs, and 29.8% finding it difficult to manage practical issues, such as the international delivery of small orders.

Regarding the issues of platform charges, exchange rates and refunds, the high commission rates charged by third-party e-commerce platforms and long payment periods were identified as challenges by 51.1% of respondents. Meanwhile, 46.6% said fluctuating exchange rates or high exchange costs were problems they faced during their cross-border e-commerce operations. 28.4% were concerned about the expansive costs about refund policy.

In addition, companies must contend with a wide range of difficulties. Majority of the surveyed companies (84.9%) noted that developing cross-border e-commerce presented market-related challenges, such as keen market competition. Meanwhile, 54% indicated regulatory issues, and 41.2% encountered financial challenges.

Leveraging Hong Kong’s advantages to unlock global e-commerce opportunities
In addition to the questionnaire, HKTDC also interviewed a number of companies engaged in cross-border e-commerce or related businesses. According to expert’s opinion, though the mainland market is huge in scale, the competition is keen. Overseas opportunities abound, such as the advanced economies of Europe and America have mature online shopping markets and e-commerce markets in Southeast Asia.

In addition, online sales strategies tailored to target markets are of prime importance, including the collaboration with KOL or influencers and using short-form videos to attract consumers.

The study also highlighted Hong Kong’s excellent logistics capabilities and extensive air cargo network as well as its well-developed financial markets and diverse financing services, which are well-suited to meeting the financial needs of e-commerce. Meanwhile, Hong Kong serves as an ideal gateway for foreign products entering Mainland China, with the Hong Kong brand enjoying a competitive edge in the region.

Photo download: https://bit.ly/3Bb95BA

image

References
– HKTDC Research Portal https://research.hktdc.com/en
– Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders https://research.hktdc.com/en/article/MTg1OTQ2Mzk3Mw

About HKECIC
The HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115).  Through the provision of export credit insurance services, the HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner.  The HKSAR Government provides a guarantee of HK$80 billion for HKECIC’s contingent liability.

About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitionsconferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries
HKECIC
Corporate Communication Division
Tina Ng
Tel: (852) 2732 9998
Email: tina.ng@hkecic.com

HKTDC
Corporate Communication & Marketing Department
Sharon HaTel: (852) 2584 4575
Email:sharon.mt.ha@hktdc.org

Yuan Tung Financial Relations Limited
Louise Song
Tel: (852) 3248 5691
Email: lsong@yuantung.com.hk

DesignInspire opens on December 5, with free admission for the public

First collaboration with Maison&Objet marks Hong Kong as Asia’s design hub

  • DesignInspire will return from 5 to 7 December, and will be fully open to design industry and the public with complimentary admission for three consecutive days, featuring multiple photo spots and immersive art experiences.
  • Paris’ prestigious design authority Maison&Objet will present an impressive immersive showcase.
  • The Future Archive, curated by award-winning designer and cross-disciplinary artist Chilai Howard, will showcase seven exceptional creative partnerships between Hong Kong design masters and emerging talents.
  • A full-scale red minibus facade showcasing iconic calligraphy by traditional minibus sign writer Mak Kam-sang and renowned hand-painted sign artist Katol.
  • InnoTalks forum brings together international design experts to share the latest design trends and forward-looking perspectives; multiple creative workshops covering STEAM education, traditional crafts, and innovative technology.

DesignInspire, organised by the Hong Kong Trade Development Council (HKTDC), co-organised by the Hong Kong Design Centre (HKDC), and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), will be held on 5-7 December at the Hong Kong Convention and Exhibition Centre (HKCEC). The exhibition will be fully open with complimentary admission for design industry players and the public throughout the three-day event. Under the theme of “Design for a Better Tomorrow”, this year’s exhibition marks a milestone strategic partnership with globally renowned interior design trade fair creator Maison&Objet, bringing together local and international design luminaries to create a unique experiential journey for both industry professionals and the public. The Business of Design Week Summit 2024, organised by HKDC, will run concurrently on 2-7 December and 4-6 December respectively, creating a perfect synergy with DesignInspire.

Stephen Liang, Assistant Executive Director of the HKTDC, said: “As an internationally acclaimed centre of design excellence in Asia, Hong Kong has always played a vital role in promoting global creative industry development. DesignInspire, as an important creative design platform in Asia, this year features an extensive programme of designated photo spots and immersive art installations. It is expected to attract over 200 exhibitors from Mainland China, the Czech Republic, France, Japan, Taiwan, Thailand and Hong Kong, showcasing global innovative design trends. The first-time strategic partnership with France’s prestigious design fair Maison&Objet further emphasises Hong Kong’s strategic positioning as an East-meets-West centre for international cultural exchange, creating a new driving force to stimulate further growth and development of the cultural and creative industries in Hong Kong.”

Explore French creative and design excellence
The globally renowned Maison&Objet, a premier platform for international design, interior decoration, and lifestyle, has signed an MOU with the HKTDC and is making its Hong Kong debut. The collaboration features the Maison&Objet Factory, a 1,000-square-metre immersive showcase that presents cutting-edge design trends while reinforcing Hong Kong’s role as Asia’s design capital. The exhibition area is divided into five unique zones conceived by master curators: “Nature, the Muse!”, “Conscious Staging”, “Precious Matters”, “Shades of Sustainability” and “Terra Cosmos: spaces full of future promise”, each interpreting “conscious design” from its own unique perspective. “Nature, the Muse!” curated by internationally renowned Chinese contemporary designer Jiang Qiong Er, features selected works by 10 prestigious French artisans from Les Lauréats de l’Intelligence de la Main® and nine Chinese master craftsmen, demonstrating the exceptional craftsmanship of both East and West.

Additionally, DesignInspire will also work with several French institutions to present an array of prestigious French brands, including Baccarat and LALIQUE. A highlight includes Baccarat’s exclusive crystal chandelier collaboration with Hong Kong design maestro Steve Leung, featuring blue-and-white porcelain elements.

Future Archive showcases Hong Kong creativity and cross-generational dialogue
The Future Archive, curated by award-winning designer and cross-disciplinary artist Chilai Howard, will present groundbreaking collaborative works between Hong Kong’s veteran design masters and rising talents. The showcase features seven exceptional creative partnerships, including graphic design master and ink painter Kan Tai-keung with printmaker and tattoo artist Li Ning; international architectural designer Steve Leung with new media artist Chris Cheung / XPLOR; sculptor Johnson Tsang with emerging Hong Kong artist Kila Cheung; watch designer Joe Kwan with sculptural visual effects designer Ram2; wood carving master craftsman Siu Ping-keung with woodwork craftsman Chow Kin-lung; neon light craftsman Wu Chi-kai with woodwork art brand Start From Zero; and master minibus sign writer Mak Kam-sang with hand-painted signage artist Katol. The exhibition features a life-sized red minibus facade showcasing their iconic calligraphic artistry. These cross-disciplinary collaborations between seasoned design masters and a new generation of artists, exemplifies the perfect balance of tradition and innovation, highlighting Hong Kong design’s unique appeal in combining international perspectives with local characteristics.

Interactive art tech zone and local design showcase
The exhibition features a dedicated art tech interactive zone, presenting creative performances by renowned local watercolour artist Pei Chung and real-time visual artist moon.noon. Pei Chung’s exhibition not only showcases his signature jellyfish motifs but also incorporates Hong Kong’s most iconic urban symbols, including dazzling neon signs, street-traversing trams and minibuses, and local culinary delights like pineapple buns. The exhibits incorporate interactive elements, allowing visitors to experience the creative fusion of watercolour art and digital technology.

Real-time visual artist moon.noon brings an immersive art installation “Echoes of Urban Pulse”. The work consists of two installations. “Urban Mirage” which uses optical and sound data recorded on Hong Kong streets to present the city’s distinctive landscapes like Causeway Bay’s Yee Wo Street Bridge and Central’s Edinburgh Place pedestrian tunnel through over 2,000 different light states, offering visitors a unique sensory experience. The second installation, “Streetlight Sonata”, is an interactive art installation incorporating Hong Kong street light elements, with backgrounds changing according to visitors’ movements and steps, creating unique light and shadow effects.

Several renowned local design institutions will also participate in DesignInspire. The Hong Kong Design Institute will showcase its project Motifx, featuring distinctive household items using Chinese classical floral patterns, demonstrating the unique charm of traditional patterns in stylish homes and daily life. The HKDC Pavilion by Hong Kong Design Centre will display approximately 20 creations from the Fashion Incubation Programme (FIP) and Design Incubation Programme (DIP), along with over 200 DFA Design Award-winning works.

Demonstrating the remarkable strength of local design, this year’s DesignInspire will feature a Hong Kong Design On Stage zone, showcasing eight local design teams that won the Hong Kong section competition at Paris’ Maison&Objet, including: Studio Yellowdot, Studio-Ryte, Hintegro Limited, Green & Associates (HK) Limited, @StreetsignHK, Monica Tsang Designs Limited, MLKK Design Studio Limited, and BEAU Architects.

As a unique business-to-all platform for Hong Kong’s creative industry, DesignInspire serves not only as a bridge connecting Hong Kong with the international design community but also a creative exchange platform that fosters collaboration among various stakeholders. The innovative works and concepts presented by event exhibitors not only showcase the latest design trends, they also emphasise how these innovations can be applied in business, providing rich inspiration and fresh ideas for various industries, particularly those focused on customer experience, such as real estate developers, retail, and service sectors (including hotels, shopping malls, chain restaurants, clubs, and airlines). Through advancements in spatial design, product design, material applications, and art technology, these industries can enhance their brand image and customer experience, ultimately attracting more consumers.

Design seminars and workshops promoting Hong Kong craftsmanship
To foster design innovation and exchange, the exhibition features InnoTalks with approximately 12 sessions by design experts from various countries and regions. Topics include font design, Xiaohongshu marketing, design trends promoting inclusion and social responsibility, future design: conscious design, storytelling through Bohemian glass, Chinese patterns and modern design, among other engaging subjects that stimulate creative thinking. The Design Council of Hong Kong will also hold the D-Mark certification ceremony and sharing session.

This year’s DesignInspire engages professionals, design enthusiasts, and the public through exhibitions, seminars, and workshops. The exhibition features diverse interactive experience zones and creative workshops, including art design and traditional crafts, where visitors can create Hong Kong-style iced lemon tea candles and cultural heritage bamboo coasters. STEAM education workshops offer Logiblocs programming and AR drawing activities to inspire innovative thinking. The venue also includes design select store in the Shop zone, featuring collectors’ items from designers and brands, offering visitors the opportunity to purchase unique design pieces to add fashion and elegance to their own homes. Click here for registration.

Additionally, three major events – the Business of IP Asia Forum, Entrepreneur Day and Start-up Express: International Edition 2024, will be held concurrently with DesignInspire at the Hong Kong Convention and Exhibition Centre on 5-6 December, creating synergy and business opportunities. Participants can also explore cooperation opportunities through one-on-one business matching to meet with various design service companies.

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Media enquiries
For enquiries, please contact:
Raconteur PR:

Betsy TseTel: (852)  9742 7338Email:betsytse@raconteur.hk
Molisa LauTel: (852)  6187 7786Email:molisalau@raconteur.hk

HKTDC Communication and Public Affairs Department:

Snowy ChanTel: (852)  2584 4525         Email:snowy.sn.chan@hktdc.org
Johnny Tsui            Tel: (852)  2584 4395Email:johnny.cy.tsui@hktdc.org

HKTDC Newsroom:http://mediaroom.hktdc.com/en

About the HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong ’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publicationsresearch reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

About Cultural and Creative Industries Development Agency (CCIDA)
The Cultural and Creative Industries Development Agency (CCIDA) established in June 2024, formerly known as Create Hong Kong (CreateHK), is a dedicated office set up by the Government of the Hong Kong Special Administrative Region (HKSAR Government) under the Culture, Sports and Tourism Bureau to provide one-stop services and support to the cultural and creative industries with a mission to foster a conducive environment in Hong Kong to facilitate the development of arts, culture and creative sectors as industries. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and cross-genre collaboration, promoting the development of arts, culture and creative sectors as industries under the industry-oriented principle, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community to implement Hong Kong’s positioning as the East-meets-West centre for international cultural exchange under the National 14th Five-Year Plan.

CCIDA’s website: www.ccidahk.gov.hk.

About BODW
Business of Design Week (BODW), Asia’s premier annual event on design, innovation and brands since 2002, is organised by Hong Kong Design Centre and gathers some of the world’s foremost design masters, brand leaders and entrepreneurs from Hong Kong as well as overseas, driving discourse on the value of design and innovation to inspire global audiences and explore new business opportunities.

BIP Asia Forum and Entrepreneur Day Returns in December

  • Empowering SMEs and start-ups and reinforcing Hong Kong’s status as an IT hub and Regional Intellectual Property Trading Centre

 The 14th Business of IP Asia Forum (BIP Asia Forum), jointly organised by the Hong Kong Special Administrative Region Government (HKSAR) and Hong Kong Trade Development Council (HKTDC), and the 16th Entrepreneur Day (E-Day), hosted by the HKTDC, will be held from 5 to 6 December at the Hong Kong Convention and Exhibition Centre.

Through forums, exhibitions, competitions, workshops, and business matching sessions, BIP Asia Forum and E-Day combine to provide an ideal platform for start-ups and small and medium-sized enterprises (SMEs) to discover the potential of intellectual property (IP) and explore business growth opportunities.

Under China’s 14th Five-Year Plan, Hong Kong is positioned as a development centre for eight key areas, including an international innovation and technology hub and a regional intellectual property trading centre. The HKSAR’s Policy Address further proposes expanding the IP trading ecosystem for the innovation and technology and cultural and creative industries, creating favourable conditions for Hong Kong’s development in these areas.

Stephen Liang, Assistant Executive Director of the HKTDC, said: “The HKTDC is dedicated to promoting the development of new quality productive forces in Hong Kong and exploring new engines for economic growth. BIP Asia Forum and E-Day play a vital role in transforming Hong Kong into an international innovation and technology hub and a regional IP trading centre. The two events bring together over 130 industry leaders and more than 360 exhibitors from the IP industry, innovation and technology sector, and start-up community helping participants seize opportunities in the Greater Bay Area, ASEAN, and beyond. A highlight this year will be the Global Tech Summit which will enable attendees to explore the impact of AI across industries with valuable insights and experiences from industry experts.”

BIP Asia Forum Unlocks Potential of IP
The theme of this year’s BIP Asia Forum is “Reimagining IP for Impact and Growth”. Featuring more than 90 speakers, the Forum will explore the immense potential of IP in nurturing innovation and entrepreneurship and driving impactful economic and social development on a global scale. More than 40 exhibitors from some 10 countries and regions will showcase their solution and projects.

Dr Peter KN Lam, Chairman of the HKTDC, and Hu Wenhui, Deputy Commissioner of the China National Intellectual Property Administration (CNIPA), will speak at the opening ceremony, while Xaysomphet Norasingh, Chairman of the ASEAN Working Group on Intellectual Property Cooperation, and Wang Binying, Deputy Director General of the World Intellectual Property Organization (WIPO), will discuss the latest trends and developments in IP during the Policy Dialogue.

The Plenary Session, titled “Unlocking Business Success with IPs”, will feature Michael Moriarty, Managing Director of Hong Kong Disneyland Resort, Guy Riddell, Managing Director of Peninsula Merchandising Limited, and Na Wei, Senior Director of IP Licensing at Xiaomi, sharing their insights on how to leverage effective branding and IP strategies, along with technological advancements, to unlock business potential and create opportunities.

This year’s Global Tech Summit will feature dedicated sessions focusing on the impact of AI on various industries, including communications, food and agriculture, sports, and Web3. Beatrice Ho, Co-founder of Mushroom-X; Philip Ng, Founder and CEO of AI Farming Technology (Hong Kong) Limited; Nick Balke, Head of Sales, APAC & EMEA at KUDO Inc.; and Cerena Ip, CEO and Founder of Welldify, will share the latest application trends and business expansion opportunities in their respective industries. In the Startup Playbook series, Sun Choi, Founding Partner of 2080 Ventures; Fred Li, Senior Executive Director of Gobi Partners GBA; and Andrew Young, Advisor at Sino Group and Executive Director at Ficus Technology Holdings, will provide start-ups with practical tips on global expansion, venture capital, and IP strategies.

The two-day forum will also feature various thematic sessions. The ASEAN Session, hosted by the ASEAN Secretariat and the Intellectual Property Department of the HKSAR Government, will discuss IP in the arts, cultural, and creative industries. Another highlight, “Reimagining Content IP“, will feature Jake Hwang, Chief Manager of Story IP Business at Kakao Entertainment Corp., sharing insights on IP related to popular Korean dramas, webcomics, and web novels. Theodora Lau, Founder of Unconventional Ventures, will analyse AI ethical issues in the session “Responsibility of AI: Ethics, Inclusion, Impact“. This year’s forum will also introduce a new session on IP valuation and financing, sharing strategies and helping attendees understand how to leverage intangible assets as a valuable financing tool for businesses.

This year’s Innovation and IP Market, themed “Smart City Innovation“, will showcase more than 20 innovative projects from universities, R&D centres, service providers, and IP service agencies in areas such as smart cities, digital business, smart living, AI and robotics, and transportation, facilitating industry exchange, partnership building, and business networking.

Entrepreneur Day Explores New Business Opportunities in the Tech Era
 “Where Start-up Dreams Take Flight” is the theme for this year’s E-Day and will feature an exhibition with more than 320 start-ups, inventor projects, and start-up support services from 10 countries and regions. During the two-day exhibition, some 15 events will be organised, with business leaders sharing and exchanging insights on the latest start-up and investment trends.

E-Day has so far attracted exhibitors from various countries and regions including the first ever Thailand pavilion, organised by the Department of International Trade Promotion under the Ministry of Commerce of Thailand, which will feature 10 key start-ups from Thailand. The Australian pavilion, led by Investment New South Wales (NSW), will also participate for the second consecutive year, presenting green tech start-ups to explore potential opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

The HKSAR’s Digital Policy Office is also joining E-Day for the first time to showcase over 30 award-winning local technology projects at the Hong Kong Innovation Pavilion and the Hong Kong Exporters’ Association will once again co-organise the annual Asia Exhibition of Innovations and Inventions with Geneva Palexpo, and showcasing over 120 innovative projects from Asia at E-Day.

The Symposium of the Alliance of Hong Kong Youth Innovation and Entrepreneurial Bases in the Greater Bay Area, hosted by the Home and Youth Affairs Bureau, will invite the Alliance and start-ups under the Funding Scheme for Youth Entrepreneurship in the GBA to share their success stories and promote the high-quality development of youth innovation and entrepreneurial bases in the region. Shenzhen Qianhai DreamWorks Operation Co., Ltd., an innovation and entrepreneurship platform, and Hexcubes will join investors and stakeholders in sharing insights at the event.

E-Day seminars will cover four main themes: Inspirational MasterclassStart-up 101Global Tech Summit, and Uncovering Hidden Gems. On the first day, “T-Chat – Changes, Challenges and Chances: A Startup’s Guide to Navigating the AI Era” will feature Martin Karafilis, CEO of Fishburners and award-winning entrepreneur, and Keith Jackson, Chairman of Hong Kong UK Business Forum and renowned business consultant, discussing the innovative mindset entrepreneurs must possess in the rapidly developing era of AI and sharing strategies for leading start-ups to success.

The “Rising Stars: Gen Z Entrepreneurs” seminar and Start-up Mixer, co-organised with the Hong Kong Federation of Youth Groups, will be held on the second day, bringing together outstanding young founders to explore how to leverage technology to reshape the business landscape. The seminar will explore their key success factors, the challenges they face, and how they use innovative strategies to realise their ambitious visions.

Start-up Express International, supported by partners from Mainland China, France, Germany, Italy, United Kingdom, Denmark, Sweden, Taiwan, Japan, South Korea, Singapore, Thailand, Vietnam, Australia, the United States and United Arab Emirate, will feature ten global winning start-ups to share and exchange insights.

The HKTDC and Hang Seng Bank’s one-stop platform, InnoClub, will also host the InnoClub Award Presentation Ceremony and Networking Reception to recognise the outstanding achievements of its members in innovation and technology, with award winners sharing their success stories. There will also be a networking reception for start-ups, investors, and business partners to connect and create business opportunities.

In addition, DesignInspire will be held concurrently with BIP Asia Forum and E-Day from 5 to 7 December at the same venue. The event will bring together numerous local and international design superstars, providing an exciting design experience for the industry and the public. The three events aim to create synergy and generate more business opportunities for the industry.

Websites:
Business of IP Asia Forumhttps://bipasia.hktdc.com/en/
Entrepreneur Dayhttps://portal.hktdc.com/eday/en
Start-up Express Internationalhttps://portal.hktdc.com/startupexpress/en/s/start-up-express-international

Media Registration:
Media representatives can pre-register by completing the form below and emailing it to hktdc@hkstrategies.com by 4 December to receive a confirmation email and access the websites of the exhibitions and conferences.

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Photo Download: https://bit.ly/3OiHWQa

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Media Enquiries
For enquiries, please contact:
Burson:

Wing Chan             Tel: (852) 9518 4326   Email: wing.chan@hillandknowlton.com
Rachel Zhu             Tel: (852) 6816 5846   Email: rachel.zhu@hillandknowlton.com

HKTDC’s Communication & Public Affairs Department:

Katy Wong            Tel: (852) 2584 4524   Email: katy.ky.wong@hktdc.org
Jane Cheung          Tel: (852) 2584 4137     Email: jane.mh.cheung@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com/en

About the HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong ’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitionsconferences and business missions to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publicationsresearch reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

14th Asian Logistics, Maritime and Aviation Conference concludes today

  • Some 2,200 participants including Middle East and ASEAN attendees explored supply chain resilience and sustainability

– Over 80 experts and industry leaders in the maritime, air freight, logistics and supply chain sector shared insights on major issues facing the industry
– The conference attracted some 2,200 participants from over 30 countries and regions
– Strong participation and support from new and emerging markets, including ASEAN and Middle East, reinforced Hong Kong’s status as a ‘superconnector’ and ‘super value-adder’ between Mainland China and global markets

The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) jointly organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC) concluded today. This year’s ALMAC featured over 80 experts and industry leaders from the maritime, air freight, logistics and supply chain sector speaking on major issues facing the industry at over 20 conference sessions. The conference attracted some 2,200 participants from over 30 countries and regions, providing a platform for industry players and shippers to explore global business opportunities and establish resilient and sustainable supply chains. This reinforces Hong Kong’s position as an international aviation hub and assists in its development into a high-quality green maritime fuel bunkering centre, thereby enhancing the international status and competitiveness of Hong Kong ports.

Over 300 business-matching sessions were arranged, demonstrating Hong Kong’s status as a ‘superconnector’ and ‘super value-adder’ between Mainland China and global markets.

Shaping resilient and sustainable supply chains
Themed “Shaping the Future of Supply Chains: Resilience and Sustainability”, multiple forums were hosted to address three major trends in the industry, namely supply chain transformation and new market opportunities, sustainability and green energy, and innovation and technology.

In today’s rapidly changing global landscape, the dynamics of supply chains are undergoing a substantial transformation. Effective supply chain management plays a pivotal role in combating uncertainty and future-proofing development of enterprises. In the session “Steering Business Growth: Building an Evolving Supply Chain”Kalyan Chakravorty, Senior Director Global Productivity, Benchmarking & Analytics, MondelÄ“z Internationalshared his views on the challenges and the opportunities. “When we think about building resilience in a supply chain, we need to think about it as an ecosystem. No single person or single company runs the entire supply chain. It’s often difficult to replicate the entire ecosystem in a new place without challenges,” he said.

Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, shared his thoughts on Hong Kong as an international shipping centre in the same session. ” Hong Kong is connected to the maritime industry and the maritime industry is connected to Hong Kong, which makes Hong Kong significant in all aspects,” he said.

Potential new trade lines
Supply chain disruption has exposed the vulnerabilities associated with concentrated distribution hubs. To build more resilient networks, businesses must explore alternative trade routes. In the session “Navigating New Trade Lines for Mitigating Disruptions”Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals, shared his perspective on Hong Kong as an international aviation hub, the city’s connectivity to global markets and new trade lines. “I think the government has to develop new trade links such as how the Hong Kong SAR government is working very closely with the Belt and Road countries and regions. With the commencement of the three-runway system, the cargo capacity of the Hong Kong International Airport will be raised to 10 million tonnes per annum in the next decade. This is certainly a milestone for us. At HACTL, we have never stopped investing. Working with a government that facilitates business, a business-friendly Airport Authority, and a very engaging and cooperative community, leads me to be very positive about the future,” he said.

Logistics efficiency through technology
Innovation and digitalisation play a pivotal role in improving the efficiency of global value chains. Speakers in the Logtech Forum: Amplifying Digital Supply Chains through Innovation and Integration session explored strategies for seamlessly integrating technologies across supply chains. Shamika N. Sirimanne, Director, Division on Technology and Logistics, UN Trade & Development shared her views on the strategies for seamless integration of various technologies across supply chains to optimise overall performance. “Compared to the other industrial revolutions of our past, starting from the steam engine and so forth, in this digital revolution the difference is that it’s an extremely fast-moving technology and the windows of opportunity are open for a very short period. If you don’t capture it, then you lose something. It’s a concern with this new technology. It’s a different technology than what you have experienced,” she said.

Local logistics talent
The Hong Kong’s NextGen Logistician Award Presentation Ceremony took place on the second day of the conference. Instituted by the Transport and Logistics Bureau in the Action Plan on Modern Logistics Development, the award aims to recognise young professionals in the logistics industry who have made significant achievements and shown remarkable potential in innovative, high-end, smart and green logistics. Liu Chun-san, Under Secretary for Transport and Logistics, HKSAR Government, presented the awards. Wendy Huang Shu-yao received the Emerging Talent Award, Queenie Yip Tsz-tung received the Young Professional Award, and Billy Yeung Wai-piu, Keno Cheung Tai-yip and Tyrell Au Ka-wai received the Young Executive Award.

Photo Download: https://bit.ly/3UWXTPM

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ALMAC: https://www.almac.hk/main/en/

Media enquiries
Yuan Tung Financial Relations:
Agnes Yiu    Tel: (852) 3428 5690     Email: ayiu@yuantung.com.hk
Edmund Choi  Tel: (852) 3428 2360     Email: echoi@yuantung.com.hk

HKTDC Communications & Public Affairs Department:
Stanley So   Tel: (852) 2584 4049     Email: stanley.hp.so@hktdc.org
Clayton Lauw Tel: (852) 2584 4472     Email: clayton.y.lauw@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com

14th Asian Logistics, Maritime and Aviation Conference opens today

– Global business leaders and policymakers along with ASEAN government officials explore industry prospects

  • The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) takes place at the Hong Kong Convention and Exhibition Centre on 18 and 19 November
  • Under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”, over 80 distinguished speakers will participate in more than 20 forums to exchange views and discuss the latest industry developments
  • The first day of the conference features a special address by Chan Kwok-ki, Acting Chief Executive of the HKSAR; Fu Xuyin, Vice Minister of the Ministry of Transport, the People’s Republic of China, and officials from ASEAN countries, reinforcing Hong Kong’s position as a superconnector and an international shipping centre and aviation hub
  • Sessions focus on three major trends – supply chain diversification, sustainability and green energy and innovation and technology

Following the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address to strengthen Hong Kong’s status as an international shipping centre and  aviation hub, the 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), commences today at the Hong Kong Convention and Exhibition Centre, under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”.  As an annual event for the logistics, maritime, aviation and supply chain industries, the two-day conference gathers more than 80 heavyweight speakers, including government officials and industry leaders, to discuss industry trends and opportunities to help promote high-quality development of the logistics and supply chain management industry.

Chan Kwok-ki, Acting Chief Executive of the HKSAR, delivered a special address, followed by Fu Xuyin, Vice Minister of the Ministry of Transport, the People’s Republic of China, Loke Siew Fook, Minister of Transport, Malaysia, H.E. Heng Nan, Secretary of State of Ministry of Public Works and Transport, Kingdom of Cambodia, H.E. Saysongkham Manodham, Vice Minister of Public Works and Transport Lao PDR, and H.E. Nguyen Xuan Sang, Deputy Minister of Transport, Vietnam. ASEAN is Hong Kong’s second-largest trading partner, with a total bilateral trade of US$144.6 billion last year. As Hong Kong is actively seeking membership of the Regional Comprehensive Economic Partnership (RCEP), trade relations between Hong Kong and ASEAN are poised to deepen further. The participation of government officials from ASEAN countries in the conference underscores the robust cooperation between Hong Kong and ASEAN.

Margaret Fong, HKTDC Executive Director, said in her welcome remarks: “In today’s fast-moving world, global trade has been buffeted by numerous headwinds, including geopolitical tensions and tariffs. This is further compounded by global logistics bottlenecks, rising freight rates, increased focus on sustainability and the growing uptake of digitalisation. As businesses grapple with such a complex environment, it is evident that effective supply chain management is the essential engine that drives sustained growth in global trade. It plays a pivotal role in combating uncertainty and future-proofing business operations. Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.

Chan Kwok-ki, Acting Chief Executive of the HKSAR, said in his special address: “We see long-term opportunity in Hong Kong’s rise as a green and smart port.  Our Action Plan on Maritime and Port Development Strategy outlines that promising future, including building green fuel-bunkering capabilities. Just three days ago, we published an action plan on developing Hong Kong into a green maritime fuel-bunkering centre.  Combining our aviation and maritime strengths, Hong Kong has long been a major cargo gateway to and from the Greater Bay Area.”

He additionally mentioned: “We will also step up efforts to develop Hong Kong into a cross-boundary, e-commerce logistics and distribution centre. This year’s Asian Logistics, Maritime and Aviation Conference is all about creating a resilient and sustainable future for global supply chains.  And Hong Kong is determined to play a vital part in that promising future.”

As the engine of business operations, supply chain management plays a pivotal role in combating uncertainty and future-proofing development. The first day featured a session titled “Steering Business Growth: Building an Evolving Supply Chain” hosted by Kelvin Leung, the immediate past President of the Chartered Institute of Logistics & Transport in Hong Kong. Speakers including David O. King, Senior Vice President, Commercial, SEKO Logistics, Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, and representatives from international brands – including Arjen van Diepen, Head of Global Strategic Planning, the HEINEKEN Company, Bjoern Neal Kirchner, Corporate Vice President, Supply Chain Management, Henkel, and Kalyan Chakravorty, Senior Director, Global Productivity, Benchmarking & Analytics, MondelÄ“z International – analysed the challenges and opportunities encountered by global supply chains and delved into how supply chain transformation and innovation could drive business expansion and foster sustainable development.

A newly introduced session, “Navigating New Trade Lines for Mitigating Disruptions”, brought together industry leaders, including David O. King, Senior Vice President, Commercial, SEKO Logistics, Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals, Eng. Loay Mashabi, Managing Director, Saudia Cargo, Louis Tang, Managing Director, Ocean Network Express (East Asia), and Delia Sun, Head of Supply Chain Management, DKSH. The session explored supply chain diversification and how emerging markets in Asia, the Middle East and North America can help enterprises build more resilient networks.

Two Air Freight Forums explore Hong Kong’s future as an aviation hub
Beginning operations at the end of this month, the Hong Kong International Airport three-runway system will significantly enhance the airport’s passenger and cargo capacity and help consolidate Hong Kong’s position as an international aviation hub. Co-organised with the Airport Authority Hong Kong, two air freight forums “Cargo Aviation Hub of the World” and “Digital Air Cargo and Global Trade Ecosystem” feature experts including Tom Owen, Director, Cargo, Cathay Cargo, Dereje Derero, Managing Director, Ethiopian Cargo and Logistics Services, Ming Chan, Associate Fintech Director, Financial Infrastructure Department, Hong Kong Monetary Authority, and Philip Chan, Head of Wholesale Digital, Hang Seng Bank, to discuss how the cargo industry can enhance Hong Kong’s competitive edge as an international aviation hub through collaboration in premium warehousing, digital technology, and talent development.

Day 2 focus on sustainability and green energy, 5 workshops will be held in the afternoon
Given society’s greater emphasis on climate change action, more and more businesses across different industries are striving to reduce their carbon footprint and move towards net-zero emissions. Hong Kong is also committed to developing as a green maritime centre. In tomorrow’s sessions “Fostering Sustainable Trade: Embracing Future-proofing Supply Chains and the debut “Green Energy Forum: Energy Transition towards Net Zero Emissions”Pernille Dahlgaard, Chief Officer of Government, Business & Analytics, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Achim Martinka, Vice President, Global Airfreight-Commercial & Sustainability, DSV, Scott Childress, Chief Sustainability Officer, UPS, and Paolo Gallieri, Chief Operation Officer, Zhero, will shed light on best practices in integrating sustainability and explore strategies and technologies that facilitate the energy transition.

In addition to thematic forums, ALMAC will feature a series of workshops on environmental, social and governance (ESG) initiatives, e-commerce, youth empowerment, halal logistics, and air freight decarbonisation. Speakers from Shell Aviation, Hong Kong Air Cargo Terminals Limited, Arup, and DKSH will provide participants with practical insights and tips.

Following last year’s success, this year’s ALMAC exhibition continues to feature three zones including Logtech SalonSupply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from  90 exhibitors, including three major Hong Kong air cargo terminals (Hong Kong Air Cargo TerminalsCathay Cargo Terminal, and Asia Airfreight Terminal), together with other leading companies such as Mitsui O.S.K. Lines and Ocean Network ExpressThe Hong Kong Association of Freight Forwarding and Logistics and Hong Kong Science and Technology Parks (HKSTP) also host exhibition pavilions.

The HKTDC encourages enterprises to leverage its trade platform and events to seek global business opportunities. Business matching sessions are offered at ALMAC, bringing together shippers and service providers to foster business partnerships and promote industry development.

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ALMAC: https://www.almac.hk/main/en/
ALMAC programme: https://almac.hktdc.com/conference/almac/en/programme
ALMAC speaker list: https://almac.hktdc.com/conference/almac/en/speaker

Media enquiries
Yuan Tung Financial Relations:
Agnes Yiu     Tel: (852) 3428 5690          Email: ayiu@yuantung.com.hk
Edmund Choi   Tel: (852) 3428 2360          Email: echoi@yuantung.com.hk

HKTDC Communications & Public Affairs Department:
Stanley So    Tel: (852) 2584 4049          Email: stanley.hp.so@hktdc.org
Clayton Lauw  Tel: (852) 2584 4472          Email: clayton.y.lauw@hktdc.org

HKTDC Media Room: http://mediaroom.hktdc.com

About HKTDC
The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitionsconferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus