No.1  January, 2018  
Mr Raymond Fan assumes post of Director of HKETO Sydney
The new Director of the Hong Kong Economic and Trade Office, Sydney, Mr Raymond Fan, assumed post on 9 January, succeeding Mr Arthur Au. Mr Fan has been working for the Hong Kong Government since 1984 in posts covering district administration; civil service and private sector labour affairs; immigration policies; Port, Logistics and Maritime development; marine laws; environmental protection and conservation; policy research for strategic development; leisure services and sports development. Mr Fan has extensive overseas representation experience for Hong Kong and was stationed in New York, USA from 1990-1993 and 1998-2002 As the representative of the HKSAR Government in Australia and New Zealand, Mr Fan will promote and strengthen Hong Kong's economic, trade and cultural ties with Australia and New Zealand as well as foster a better understanding of Hong Kong in the two countries. Read more here.
Volvo Ocean Race teams head to Hong Kong from Melbourne
Team Sun Hung Kai/Scallywag, representing Hong Kong in the round-the-world Volvo Ocean Race 2017-18, set off to Hong Kong from Melbourne on 2 January. The Deputy Director of the Hong Kong Economic and Trade Office, Sydney, Ms Winnie Chan, and Melbourne City Councillor Mr Kevin Louey officiated at the Volvo Ocean Race blessing ceremony at the Race Village in Melbourne Docklands, Melbourne before the boats’ departure. The SHK/Scallywag is skippered by veteran Australian sailor David Witt and supported by Brand Hong Kong, with its iconic and stylish “flying dragon” logo featuring at the Scallywag Team base at each of the 12 stopover locations. Read more here.
Hong Kong well placed to further develop strengths in arbitration
In a speech delivered at the Ceremonial Opening of the Legal year 2018 on 8 January, the Secretary of Justice, Ms Teresa Cheng, said Hong Kong had a strong arbitration culture, mature arbitration practice and a sophisticated arbitration community, and was well placed to further develop strengths in this area. Hong Kong had been ranked the third most preferred seat of arbitration worldwide and had clarified the arbitrability of intellectual property rights disputes by way of the Arbitration (Amendment) Ordinance 2017 effective as at 1 January 2018. Members of the legal community were working to develop an online dispute resolution system that would provide an efficient, affordable and accessible platform for arbitration. This platform once completed would take Hong Kong to a new dimension in the provision of dispute resolution services.

On international law, Ms Cheng said Hong Kong had taken up the role of a convenor in the work of the Friends of the Chair on Strengthening Economic and Legal Infrastructure under the APEC Economic Committee and would organise an APEC Workshop in March at the margins of the 2018 APEC First Senior Officials Meeting on the Use of Modern Technology for Dispute Resolution and Electronic Agreement Management. This APEC project, together with the online dispute resolution platform, would create a synergy that would advance our strengths in arbitration. Read more here.
  Number of companies registered approaching 1.4 million
The total number of local companies registered under Hong Kong’s Companies Ordinance was 1,383,946 at the end of 2017, up 42,723 from the corresponding figure for 2016, according to statistics released by the Companies Registry on 7 January 2018. In 2017, a total of 160,229 local companies were newly registered with the Registry, among which 51,002 were incorporated online at the e-Registry ( via the one-stop electronic company incorporation and business registration service. According to the World Bank’s “Doing Business 2018” report, Hong Kong’s ranking in “starting a business” remained the third internationally. Read more here.
  Hong Kong Government fully committed to sustainable development
Speaking at the launch ceremony of the Sustainable Development Solutions Network Hong Kong on 8 January 2018, the Chief Executive Mrs Carrie Lam said Hong Kong Government was fully committed to sustainable development. She said striking a balance amongst the three dimensions of sustainable development - economic growth, social inclusion, and environmental protection - had been the underlying rationale for many of her policy initiatives. Hong Kong had now an opportunity and the necessary resources to do more in terms of promoting social inclusion and environmental protection, so as to achieve a better balance of the three dimensions.

The Sustainable Development Solutions Network Hong Kong is a vital partnership between the Chinese University of Hong Kong and the Hong Kong Jockey Club Charities Trust, together with member institutions of the Sustainable Development Solutions Network around the world. It will connect our academics, scientists and stakeholders with a global network for the exchange of scientific and technological knowledge, for joint research and for the development of innovative ideas and practical solutions for sustainable development. Such connection is set to benefit Hong Kong, other members of the Network and the sustainable development of the world. Read more here.
  HK Welcomes U portal
Hong Kong people’s hard work, skills and perseverance drives the city to keep prospering. For those who consider a move to Hong Kong to work, invest or study, an online portal is here for you. The “HK Welcomes U” portal contains a wide range of information on employment, education, investment and immigration matters as well as social, recreational and cultural activities. It provides a handy reference to a range of initiatives and support for those wanting to learn more about relocating to and living in Hong Kong. Read more here.
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