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March 2008 <Text Only Version> Hong Kong Positioned as Premier Center for International Arbitration Services The International Chamber of Commerce's (ICC) decision to open a branch of the Secretariat of its International Court of Arbitration in Hong Kong is an endorsement of the city's position as a premier center for international arbitration services, Secretary for Justice Wong Yan Lung said. Hong Kong Monetary Authority Recognized as Asia's Leading Bank Regulator On March 16, the Hong Kong Monetary Authority (HKMA) was presented with "The Asian Banker Award for Achievement in Regulation in the Financial Services Industry 2007." Hong Kong Hosts World Ports Summit In March, more than 60 shipping experts from nine world class ports attended the World Ports Summit at the Hong Kong Convention and Exhibition Centre to discuss topical issues of port security, safety and environmental protection. Inaugural Hong Kong International Wine Expo to Open August 2008 Hong Kong is poised to develop its wine trading business after the abolishment of duties on wine, beer and all alcoholic beverages, with the exception of spirits, as announced by Financial Secretary John Tsang in his recent budget speech. Viewpoint: Development of Sub-prime Mortgage Business in the U.S. Hong Kong Monetary Chief Executive Joseph Yam writes that a lowering of underwriting standards was at the root of the sub-prime problem. Coach Fashion House Opens Global Flagship Store New York-listed fashion accessories brand Coach International is opening a global flagship store in Hong Kong. The company expects the store to be one of the highest volume Coach stores in the world. AmCham Chairman: Why Executives Value Asia's Business Capital Steve DeKrey, Senior Associate Dean, Director of Masters programs and Adjunct Professor of Management at the Hong Kong University of Science and Technology (HKUST) Business School and new Chairman of the American Chamber of Commerce in Hong Kong (AmCham), offers personal insight into why Hong Kong is so attractive as a business capital. Chanel's Mobile Art Starts Global Tour in Hong Kong Chanel's Mobile Art gallery, inspired by one of the fashion house's signature creations and designed by UK-based architect Zaha Hadid, showcases the works of some 20 artists around the world. Hong Kong-Zhuhai-Macau Bridge Agreement Reached Hong Kong, Zhuhai and Macau have reached a consensus on the financing of the Hong Kong-Zhuhai-Macau Bridge linking the three places. Once completed, the bridge is expected to be a major landmark which will enhance Hong Kong's connections with other cities and port facilities in the Pearl River Delta in southern China. AsiaWorld-Expo Established Hong Kong's Position as Convention, Exhibition and Tourism Capital Hong Kong's premier exhibition and events venue, AsiaWorld-Expo, announced a vibrant line-up of new and recurrent major exhibitions and conventions for 2008 and 2009. HONG KONG ECONOMIC AND TRADE OFFICE IN WASHINGTON D.C. 1520 18th Street, N.W., Washington, DC 20036 Tel: (202)331-8947 Fax: (202)331-8958
For questions or comments, please email to hketo@hketowashington.gov.hk To subscribe, please email to: subscribe@hketowashington.gov.hk To unsubscribe, please email to: unsubscribe@hketowashington.gov.hk Copyright @ 2003, Hong Kong Economic and Trade Office in Washington D.C. |
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