The Ministry of Commerce of China issued a draft Foreign Investment Law earlier in a significant move to reduce barriers to foreign investment through streamlining the current regulatory framework and replacing three existing laws, namely the Sino Foreign Equity Joint Venture Law, the Wholly Foreign owned Enterprise Law and the Sino-Foreign Contractual Joint Venture Law. […]Read more "March 2015 Editorial: For an Open, Efficient and Globalized Market in China"
A resident of Hong Kong for 40 years who has embraced a roller coaster of shifts in the local economic, social and political environments, Chairman of Crown Worldwide Group Jim Thompson reflects on how thankful he is to have landed at the proverbial “right place at the right time,” amidst a celebration of founding a […]Read more "March 2015 Cover Story: A Golden Anniversary of Business Success"
The Voluntary Health Insurance Scheme (VHIS) proposes to require all individual indemnity hospital insurance schemes in the market to comply with a set of minimum standards designed to address a number of issues, thereby improving the accessibility, quality and transparency of private health insurance. Dr Ko Wing Man, BBS, JP, Secretary for Food and Health, […]Read more "Insurance & Healthcare: In Search of a Sustainable Scheme"
The Asia-Pacific Economic Cooperation (APEC) is a coalition of 21 economies along the Pacific Rim in support of sustainable economic growth and prosperity in the region. Each year, ministerial-level officials gather in a forum to promote trade and investment, encourage economic cooperation and foster a favorable environment for economic growth and development. Following China’s successful […]Read more "APEC 2015: The Philippines Means Business"
By Nan-Hie In Last year, with China as host nation of the annual Asia-Pacific Economic Cooperation (APEC) forum, the nation’s leader Xi Jinping and US President Barack Obama were among the heads of state speaking at the CEO Summit in Beijing. During the summit, Chinese President Xi pushed for the Free Trade Area of the […]Read more "APEC Matters"
By Nan-Hie In The APEC Business Advisory Council (ABAC), established 20 years ago by APEC, is a high-level advisory body where senior private sector representatives from each economy produces studies and policy recommendations for state leaders and ministers in the 21-nation bloc. These studies and recommendations are essentially opportunities for public and private sector dialogue […]Read more "On the Agenda for ABAC 2015"
By Nan-Hie In The Asia Pacific Financial Forum (APFF), managed by the APEC Business Advisory Council, has been a regional platform for collaboration between public and private sectors since 2013. Its purpose is to knit closer economic ties within the region and to develop financial markets and services in the Asia Pacific pursuant of APEC’s overall […]Read more "APFF: Inclusive Growth & Long-Term Investment"