Hong Kong
Navigating the New Normal of the Event Industry in Hong Kong
Navigating the New Normal of the Event Industry in Hong Kong
The COVID-19 pandemic has unleashed changes to our daily lives to an unprecedented scale in just a few months. In Hong Kong, trade shows, conferences, concerts and many other events are being postponed, rescheduled or even cancelled. We have been hearing people talk about the “new normal”, meaning a new way of living and disruptions in our habits and tradition relating to the way we live, work and interact with others. We cannot define what exactly the new normal will become. Things will just never be the same as they were before. Our new normal will continue to change, and it will change very quickly.
Hong Kong eases social distancing measures from 28 August
Cinemas, beauty parlors and selected outdoor outdoor sports premises will reopen.
Hong Kong hailed as 4th priciest market in Asia for hiring expats
The average cost of employing a mid-level expatriate worker in the region is at $2.23m.
Guangdong-Hong Kong TCFS open for applications
One of the categories features 37 specific themes in different technology areas.
Nongfu seeks $8.35b in 2020's second biggest F&B IPO
It attracted five cornerstone investors who will purchase a combined $2.48b of the offering.
Hong Kong buyers rush for UK properties after security law
A weaker pound GBP since 2014 encouraged Hong Kong buyers to invest in the UK.
Inflation down 2.3% in July
The government’s payment of public housing rentals dragged it down.
Deadline of FRT concession arrangement for EVs extended
It was originally set for 31 March 2021.
China vows to support Hong Kong as a financial hub
The CBIRC assures that Hong Kong’s standing will not weaken.
Almost 82% Hong Kong businesses plan to keep remote working post-COVID-19
Companies are also allowing employees to use personal devices to conduct company work.
What Facets of Technology Have Powered Businesses During the Pandemic?
The coronavirus pandemic has vastly altered the way businesses operate. From physical meetings and seamless access to company servers, businesses worldwide have been forced to shift to virtual and remote working models. This paradigm shift has changed how people work, collaborate, access data and view work-life balance. Hong Kong was amongst the first cities in the world to enforce social distancing measures and many organisations were left scrambling to enable remote working to minimise operational disruption.
Jobless rate dipped to 6.1% in May-July
It eased in the information and communication, professional and business services sector.
HKMA relaxes mortgage loan measures on non-residential properties
The adjustment takes effect from 20 August.
Credit card receivables up 0.2% in Q2
The combined delinquent and rescheduled ratio rose slightly to 0.47%.
HKB Management Excellence Awards 2020 is now open for nominations
Entries will be accepted until 16 October 2020.
GDP shrinks 9% in Q2
Private consumption expenditure fell 14.2% during the period.
SHINEWING (HK) CPA Limited's Andy Wong talks about Hong Kong as a financial hub
Andy believes that Hong Kong will serve as a gateway for businesses to tap into the global capital market.
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