JAKARTA, INDONESIA – Media OutReach Newswire – 2 August 2024 – VinFast Auto showcases its rapid growth in the Indonesian market with the opening of 15 new dealer stores from July 31 to August 31, 2024. This expansion reaffirms VinFast’s commitment to providing high-quality, competitively-priced products and exceptional after-sales services to Indonesian consumers.
VinFast continues to open new dealership stores in Bandung, Indonesia.
The new VinFast dealer stores are strategically located in major cities, including Jakarta, Bandung, Yogyakarta, Malang, Sidoarjo, Mojokerto, Surabaya, Bali, Batam, and Makassar. Customers at these locations will have the opportunity to experience and buy VinFast’s modern electric vehicles while enjoying professional consultation, dedicated customer service, and comprehensive after-sales support.
Mr. Temmy Wiradjaja, CEO of VinFast Indonesia, stated: “VinFast’s swift expansion in Indonesia clearly demonstrates the importance of this market to us. Designed to provide the best customer experience, VinFast dealer stores promise to support customers throughout their entire ownership journey, from learning about our products to making a purchase and enjoying after-sales services and warranties.”
Mr. Irawan Nurisman, Representative of VinFast Dealership Sumber Baru – Yogyakarta, shared: “We are proud to be among the next wave of dealers partnering with VinFast on this journey towards widespread electrified transportation. VinFast’s strong commitment to Indonesian customers throughout the vehicle ownership process has built trust with us and facilitated this partnership.”
Currently, VinFast has officially launched two electric vehicle models, the VF 5 and VF e34, in Indonesia, covering the two most popular segments, A and C respectively. Both models come with attractive battery subscription policies, reducing ownership costs and making electric vehicles more accessible.
VinFast also offers an exceptional after-sales policy, including a 7-to-10-year warranty for the vehicle body, 8-to-10-year for the battery (for customers who purchase vehicles with batteries), and free maintenance and battery replacement if the battery’s charging capacity falls below 70% (for customers who opt for battery subscription).
Previously, VinFast officially broke ground on its electric vehicle assembly plant in Subang, West Java, launched two models in its diverse product range, and delivered the first electric cars to customers at the Gaikindo Indonesia International Auto Show (GIIAS) 2024. Along with today’s dealership expansion, these continuous advancements affirm VinFast’s commitment to accompanying customers, laying the foundation for its long-term presence in Indonesia and globally.
Hashtag: #VinFast
The issuer is solely responsible for the content of this announcement.
About VinFast
VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia.
SINGAPORE – Media OutReach Newswire – 2 August 2024 – Corptrust Pte Ltd, a renowned consultancy firm specialising in Singapore PR and citizenship applications, welcomes the recent launch of the Immigration and Checkpoints Authority’s (ICA) new e-system. Introduced on 26 June 2024 without prior announcement, this new system is accessible through the ICA e-services portal and is set to revolutionise the application process for Singapore PR and citizenship.
The new e-system integrates the previously separate PR, citizenship, and long-term visit pass application portals into a unified platform. This change is expected to simplify the process for applicants, particularly families, who can now submit multiple applications simultaneously. For instance, a family with a Singapore citizen and a newborn requiring both a long-term visit pass and citizenship can now complete both applications through the same portal.
Key features of the new e-system include:
Unified Application Process: The user interface and experience for PR and citizenship applications have been standardised, enhancing usability and consistency.
Common Data Set: Applicants must now provide a comprehensive data set for each person in the application.
Simplified Document Submission: Form 4A, a staple of the PR process for over 20 years, is no longer required. Instead, all details are entered directly into the e-system.
Additional Information Requirements: Applicants must now provide previous passport records, spouse employment history, and more detailed information about family members.
Elimination of Certain Documents: Annex A to Form 4A and declarations, now handled electronically, are no longer required. However, home country ID cards and household registers must now be submitted.
Alternative Principal Applicant: A new feature allows families to nominate an alternative principal applicant. If the primary applicant is unsuccessful, ICA will evaluate the alternate applicant, simplifying the decision-making process for families.
Supplementary Document Submission: The new portal provides sections for uploading supplementary documents, enabling applicants to strengthen their applications with additional relevant information.
Brian Tan, CEO of Corptrust Pte Ltd, commented, “The introduction of this new e-system by ICA is a significant step towards modernising and streamlining the application process for Singapore PR and citizenship. At Corptrust, we have always advocated for more efficient and user-friendly application processes, and this new portal aligns perfectly with our vision. Our team of experts is ready to assist applicants in navigating this new system to ensure their applications are as strong as possible.”
With over a decade of experience, Corptrust Pte Ltd is known for its tailored migration services and comprehensive application guidance. The firm offers transparent pricing and an unlimited warranty on its services, reflecting its confidence in achieving successful outcomes for clients.
For more information about Corptrust Pte Ltd and its services, please visit www.corptrust.sg or contact us at media@corptrust.sg. Hashtag: #corptrust #singaporepr #singaporecitizenship #ica
The issuer is solely responsible for the content of this announcement.
Corptrust Pte Ltd
Corptrust Pte Ltd is a premier consultancy firm in Singapore, specialising in PR and citizenship applications. With a team of experts from diverse specialisations, including migration, finance, employment, education, and legal matters, Corptrust provides comprehensive and effective solutions tailored to each client’s unique needs. Formed out of frustration with the largely unregulated migration industry, Corptrust is dedicated to offering reliable, transparent, and affordable services to individuals and families seeking to make Singapore their permanent home.
SINGAPORE – Media OutReach Newswire – 2 August 2024 – Corptrust Pte Ltd, a renowned consultancy firm specialising in Singapore PR and citizenship applications, welcomes the recent launch of the Immigration and Checkpoints Authority’s (ICA) new e-system. Introduced on 26 June 2024 without prior announcement, this new system is accessible through the ICA e-services portal and is set to revolutionise the application process for Singapore PR and citizenship.
The new e-system integrates the previously separate PR, citizenship, and long-term visit pass application portals into a unified platform. This change is expected to simplify the process for applicants, particularly families, who can now submit multiple applications simultaneously. For instance, a family with a Singapore citizen and a newborn requiring both a long-term visit pass and citizenship can now complete both applications through the same portal.
Key features of the new e-system include:
Unified Application Process: The user interface and experience for PR and citizenship applications have been standardised, enhancing usability and consistency.
Common Data Set: Applicants must now provide a comprehensive data set for each person in the application.
Simplified Document Submission: Form 4A, a staple of the PR process for over 20 years, is no longer required. Instead, all details are entered directly into the e-system.
Additional Information Requirements: Applicants must now provide previous passport records, spouse employment history, and more detailed information about family members.
Elimination of Certain Documents: Annex A to Form 4A and declarations, now handled electronically, are no longer required. However, home country ID cards and household registers must now be submitted.
Alternative Principal Applicant: A new feature allows families to nominate an alternative principal applicant. If the primary applicant is unsuccessful, ICA will evaluate the alternate applicant, simplifying the decision-making process for families.
Supplementary Document Submission: The new portal provides sections for uploading supplementary documents, enabling applicants to strengthen their applications with additional relevant information.
Brian Tan, CEO of Corptrust Pte Ltd, commented, “The introduction of this new e-system by ICA is a significant step towards modernising and streamlining the application process for Singapore PR and citizenship. At Corptrust, we have always advocated for more efficient and user-friendly application processes, and this new portal aligns perfectly with our vision. Our team of experts is ready to assist applicants in navigating this new system to ensure their applications are as strong as possible.”
With over a decade of experience, Corptrust Pte Ltd is known for its tailored migration services and comprehensive application guidance. The firm offers transparent pricing and an unlimited warranty on its services, reflecting its confidence in achieving successful outcomes for clients.
For more information about Corptrust Pte Ltd and its services, please visit www.corptrust.sg or contact us at media@corptrust.sg. Hashtag: #corptrust #singaporepr #singaporecitizenship #ica
The issuer is solely responsible for the content of this announcement.
Corptrust Pte Ltd
Corptrust Pte Ltd is a premier consultancy firm in Singapore, specialising in PR and citizenship applications. With a team of experts from diverse specialisations, including migration, finance, employment, education, and legal matters, Corptrust provides comprehensive and effective solutions tailored to each client’s unique needs. Formed out of frustration with the largely unregulated migration industry, Corptrust is dedicated to offering reliable, transparent, and affordable services to individuals and families seeking to make Singapore their permanent home.
WEST PAPUA, INDONESIA – Media OutReach Newswire – 2 August 2024 – Supported by Henkel’s ‘Make an Impact on Tomorrow’ initiative, Henkel Indonesia partnered non-governmental organization Yayasan Kelestarian dan Edukasi Kaimana to rebuild SD Namatota, a primary school building in West Papua, Indonesia.
The newly renovated school building for students and teachers at SD Namatota.
The school was originally constructed in 1973 through community funding and was facing structural issues and deteriorating conditions including leaks, wall cracks, and inadequate toilet facilities and water supply. Through the project, the school was rebuilt with a focus on safety and durability.
Alejandro Schoenhoff, President of Henkel Indonesia, greeting students and teachers at SD Namatota.
The six-week transformation project delivered a revitalized school environment featuring three classrooms with new walls and roofing, upgraded windows and doors, and fresh paint. Other key improvements included improved sanitation facilities with two refurbished toilets and a water pump to supply running water, and a functional library space repurposed from a small storage building. The building’s infrastructure was also strengthened with cement castings to enhance safety.
“Henkel is committed to supporting the needs of the communities we operate in. We hope that this project can play a meaningful role in supporting educational standards in Namatota and empowering future generations,” said Alejandro Schoenhoff, President of Henkel Indonesia.
Joel Jeckson Sumantry, Head of Yayasan Kelestarian dan Edukasi Kaimana, said, “The school is now a safer and more hygienic environment for the children of Namatota Island to learn. On behalf of SD Namatota and the foundation, we want to thank Henkel for supporting our community.”
SD Namatota currently serves 115 students and employs five dedicated teachers, providing tuition-free education to support local families and empower the community. Hashtag: #Henkel
The issuer is solely responsible for the content of this announcement.
About Henkel
With its brands, innovations and technologies, Henkel holds leading market positions worldwide in the industrial and consumer businesses. The business unit Adhesive Technologies is the global leader in the market for adhesives, sealants and functional coatings. With Consumer Brands, the company holds leading positions especially in laundry & home care and hair in many markets and categories around the world. The company’s three strongest brands are Loctite, Persil and Schwarzkopf. In fiscal 2023, Henkel reported sales of more than 21.5 billion euros and adjusted operating profit of around 2.6 billion euros. Henkel’s preferred shares are listed in the German stock index DAX. Sustainability has a long tradition at Henkel, and the company has a clear sustainability strategy with specific targets. Henkel was founded in 1876 and today employs a diverse team of about 48,000 people worldwide – united by a strong corporate culture, shared values and a common purpose: “Pioneers at heart for the good of generations.” More information at www.henkel.com
New industry events span key sectors including aviation, education and architecture, medical sciences, I&T and financial services
HONG KONG SAR – Media OutReach Newswire – 2 August 2024 – The Hong Kong Tourism Board (HKTB) reports a strong rebound for Meetings, incentives, conventions and exhibitions (MICE) tourism in the first half of 2024.
Hong Kong received about 21 million visitors between January and June this year, about half of them stayed overnight. Among overnight visitors, MICE arrivals accounted for 700,000 visitors, which has recovered to about 80% of the level recorded in the same period of 2018, making MICE the fastest recovering visitor segment in Hong Kong.
The MICE sector serves to attract high-yield visitors to the city on top of enhancing Hong Kong’s international image as the world’s meeting place. Each overnight MICE visitor spent an average of HK$8,000 in town, which was about 20–30% higher than the average per-capita spending of all inbound travellers.
In 2023, MICE visitors were longer stayers, staying 3.7 nights on average, compared to the average of 3.2 nights for all overnight visitors. MICE tourism helped attract more international tourists too, evident by the fact that half of the overnight MICE visitors came from international markets, compared to 25% of all overnight visitors.
Over 60 world congresses, region’s first trade shows and mega meetings, bringing in more than 180,000 inbound visitors
The impetus to grow the MICE sector is sustained. The HKTB has facilitated public and private sector bids for regional and international events, and helped secure over 60 large-scale international MICE events for Hong Kong slated for between 2024 and 2026, many of these are first time events for Hong Kong. The line-up of events is expected to attract more than 180,000 Mainland and international visitors.
The events span a wide range of themes and industries. On top of sectors where Hong Kong boasts unique strengths, such as innovation and technology (I&T), medical sciences and financial services, new themes of other sectors such as aviation, architecture, education are also trending among the latest event wins.
Notable wins include the triumphant return of ACM SIGGRAPH Asia 2025 after the last conference held in Hong Kong back in year 2013; and a number of the region’s first conventions and exhibitions across different sectors, including SmartCon 2024 and Consensus Hong Kong 2025 of the I&T sector; and Super Terminal Expo 2024, Routes World 2025 and Airspace Asia Pacific 2025 & 2027 of the aviation sector. Prominent first-ever world congresses to be held in Hong Kong for the first time include World Cancer Congress 2026 and International Federation of Landscape Architects World Congress 2026.
These significant event wins not only solidify Hong Kong’s status as the world’s meeting place but also strengthen the city’s leading status across these industry sectors.
Five strategies to step up promotion of MICE tourism
To maintain the growth momentum, the HKTB will continue to:
Make every effort to secure and bid for major international MICE events to be held in Hong Kong;
offer various funding schemes to support events of different scale and types, benefitting the trade, travel agents, hotels and more;
continue the proven targeted multi-pronged approach to boost MICE tourism growth through tailored programmes including the “Hong Kong Incentive Playbook” and the “Hong Kong Convention Ambassadors” programme;
enhance tourist’ in-town experiences by arranging value added activities, from sightseeing tours to complimentary tickets to museums etc.., to showcase Hong Kong’s tourism appeal on top of business fundamentals;
play up Hong Kong’s unique advantages, especially as a “super-connector” for connecting international businesses with Mainland markets, in bids and publicity and promotions, highlighting the city’s hardware advantages such as world-class venue facilities, and well-connected transport infrastructure.
List of Conventions & Exhibitions Secured
Theme/ Sector
Date
Events (* first-ever in Hong Kong)
Highlights
Innovation & Technology
Oct 2024
* SmartCon 2024
Flagship tech event in blockchain field
Feb 2025
* Consensus Hong Kong 2025
World’s most influential cryptocurrency and Web3 event with the longest history
Mar 2025
* IEEE Electron Devices Technology & Manufacturing Conference 2025
Conference in the field of electronic device technology and manufacturing, held by world’s largest electronics technology and electrical engineering organisation
Dec 2025
ACM SIGGRAPH Asia 2025
World’s largest annual conference for computer professional organisations
Aviation
Nov 2024
* Super Terminal Expo 2024
First edition in Asia of this flagship event gathering the world’s aviation, air transport, transportation and logistics sectors
Sep 2025
* Routes World 2025
Significant international aviation trade event
Dec 2025 & 2027
* Airspace Asia Pacific 2025 & 2027
First edition in Asia for this exhibition on airspace management
Medical sciences
Nov 2024
* Asian Pacific Society of Respirology (APSR) Congress 2024
The largest scale and most influential congress on respirology in APAC region
Jun 2025
* International Society for Stem Cell Research (ISSCR) 2025 Annual Meeting
World’s largest meeting in stem cell research and regenerative medicine across disciplines
Sep 2026
* World Cancer Congress 2026
World’s largest anti-cancer conference
Finance and Insurance
Sep 2024
East Asian Insurance Congress
A significant meeting of insurance industry in East Asia
Oct 2024
GAMA LAMP Asia
Annual flagship event of the financial and insurance industry
2026
Worldwide Chinese Life Insurance Congress & International Dragon Award
The highly anticipated annual conference of the global Chinese insurance industry
Education
2026
Asia-Pacific Association for International Education Conference & Exhibition 2026
World-class exchange and convention for higher education institutions across the APAC region
Architecture
2026
* International Federation of Landscape Architects World Congress 2026
The teachers and the four students at the Lap in the Department of Forest Economics and Wood Technology, National University of Laos (NOUL)
In an effort to reduce plastic and foam usage, first-year students from the National University of Laos (NOUL) have created eco-friendly plates made from banana and teak leaves. The initiative, guided by professors of the Department of Forest Economics and Wood Technology aims to promote environmental conservation, particularly within Laos’ tourism sector.
Located near Kyoto Station in the heart of Japan’s ancient former capital, Dusit’s first luxury hotel in the country has been officially recognised for offering ‘A very special stay.’
BANGKOK, THAILAND – Media OutReach Newswire – 2 August 2024 – Dusit Thani Kyoto, a luxury urban oasis operated by Dusit International, one of Thailand’s leading hotel and property development companies, has been named among the first hotels in the world to receive a coveted Michelin Key from the Michelin Guide 2024.
Dusit Thani Kyoto is the first Thai-branded hotel in Japan to receive a Michelin Key.
Similar to the Michelin Star system for exceptional culinary experiences, the Michelin Key acknowledges hotels that deliver outstanding stays with One, Two, and Three Key distinctions. Introduced by the Michelin Guide in April 2024, Michelin Keys are awarded only to establishments demonstrating the ‘best of the best’ across five key areas – excellence in architecture and interior design, quality and consistency of service, overall personality and character, value for the price, and a significant contribution to the neighbourhood or setting.
To date, Michelin Keys have been awarded to hotels in France, Italy, Spain, and select locations in the United States. Japan is the first Asian country to receive Michelin Keys, and Dusit Thani Kyoto is one of only 85 hotels in the country to be named a One Michelin Key establishment. It is also the first Thai-branded hotel in Japan to receive this accolade.
Opened in September 2023, Dusit Thani Kyoto is located in the ancient former capital’s peaceful Hanganji Monzen-machi district, only 850 metres from the bustling Kyoto Station. Uniquely blending Thai-inspired gracious hospitality with Japan’s deep-rooted culture of omotenashi (meaning to wholeheartedly look after guests), the elegant hotel also features a distinctive design that masterfully blends the rich heritage of Kyoto with subtle Thai influences. This includes chedi-inspired motifs referencing the ancient Thai city of Ayutthaya, alongside the clean lines, natural materials, and subtle colour palette for which Kyoto is renowned. This unique fusion extends to the 147 meticulously appointed guest rooms, offering a harmonious balance of timeless elegance and contemporary charm.
Set around a serene and beautiful courtyard, Dusit Thani Kyoto offers a tranquil oasis for business and leisure travellers alike. Alongside elegant event spaces accommodating up to 240 guests, the hotel features the signature Devarana Wellness centre, where expert therapists deliver a unique fusion of ancient Thai massage therapies and traditional Japanese rituals. Additional well-being focused facilities include a well-equipped fitness centre and an inviting indoor swimming pool.
Contributing to the hotel’s ‘outstanding’ Michelin Key distinction is a diverse range of unique culinary experiences. Guests can embark on a vibrant and interactive omakase journey at Kōyō, where the finest ingredients celebrate Kyoto’s unique 24 ‘micro-seasons.’ For a sophisticated evening experience, Den Kyoto beckons with its handcrafted cocktails served in a stylish ambience.
A truly one-of-a-kind experience awaits at Ayatana, the hotel’s signature Thai fine-dining restaurant, which features a unique multi-sensory culinary journey inspired by the rich cultures of both Thailand and Japan. This immersive concept was created exclusively for the hotel by acclaimed Thai chefs Duangporn ‘Bo’ Songvisava and Dylan Jones – a husband-and-wife team who earned global recognition, including a Michelin Star, at their former Bangkok restaurant, Bo.Ian.
The hotel’s dining experiences are further elevated by Dusit’s commitment to supporting local suppliers and destination-specific initiatives. This includes collaborating with TeaRoom Inc., a renowned sustainability-focused tea manufacturer, to set up the Dusit Tea Garden in Wazuka, a town on the southern edge of Kyoto Prefecture, to produce organic tea for the hotel’s restaurants. Dusit has also teamed up with OHARA FARMY, which supports the development of organic farms and sustainable land use, to create Dusit Farm, an expansive organic farm just 20 minutes by car from Kyoto. Alongside growing vegetables for use in the hotel’s restaurants, it also serves as a venue for memorable and meaningful guest activities, including hands-on vegetable harvesting experiences.
“Dusit Thani Kyoto is honoured to be among the first hotels in the world and the first Thai-branded hotel in Japan to receive One Michelin Key for the quality of service and experiences offered,” said Mr Gilles Cretallaz, Chief Operating Officer, Dusit International. “This recognition is a tribute to the dedication of the hotel team and our unwavering commitment to exceeding guest expectations at every touchpoint. This award also serves as a testament to the refreshed Dusit Thani brand, and a promise of the same high standards to be expected at our reimagined flagship Dusit Thani Bangkok, reopening on 27 September 2024, and other luxury Dusit Thani properties worldwide. As we follow our vision to uniquely deliver Thai-inspired gracious hospitality to the world, we look forward to pursuing further Michelin Key success at other Dusit destinations in the future.”
Dusit’s portfolio now includes 301 properties operating across 18 countries, including 57 properties operating under Dusit Hotels and Resorts and 244 luxury villas under Elite Havens, the leading provider of luxury villa rentals in Asia, which Dusit acquired in September 2018. More than 60 Dusit Hotels and Resorts are in the pipeline.
Hashtag: #DusitThani #Bangkok
The issuer is solely responsible for the content of this announcement.
About Dusit Hotels and Resorts
Dusit Hotels and Resorts is the hotel arm of Dusit International, one of Thailand’s leading hotel and property development companies. With a heartfelt belief and commitment to introducing Thai-inspired gracious hospitality to the world, Dusit Hotels and Resorts offers guests a uniquely special stay in high-style surroundings and a personalised approach to service. The group’s portfolio of hotels, resorts and luxury villas includes more than 300 properties operating under a total of eight brands (Devarana – Dusit Retreats, Dusit Thani, Dusit Suites, Dusit Collection, dusitD2, Dusit Princess, ASAI Hotels, and Elite Havens) across 18 countries worldwide.
Established in 1948, Dusit International or Dusit Thani Public Company Limited (DUSIT) is a leading hospitality group listed on the Stock Exchange of Thailand. Its operations comprise five distinct yet complementary business units: Dusit Hotels and Resorts, Dusit Hospitality Education, Dusit Foods, Dusit Estate, and Hospitality-Related Services.
Dusit International’s diversified investments in real estate development, hospitality-related services, and the food sector are part of its long-term strategy for sustainable growth, which focuses on three key areas: balance, expansion and diversification.
HONG KONG SAR – Media OutReach Newswire – 1 August 2024 – Hong Kong is on a mission to deepen bilateral relations with Cambodia and the wider Association of Southeast Asian Nations (ASEAN) region. John Lee, Chief Executive of the Hong Kong Special Administrative Region, led a high-level business delegation to Cambodia (July 30-31, 2024) to explore new opportunities for closer co-operation.
During the visit, Mr Lee met top officials including Cambodia’s Prime Minister Hun Manet and Deputy Prime Minister and Minister of Interior Sar Sokha to discuss issues of common interest.
Hong Kong’s Chief Executive, Mr John Lee (left), meets with the Prime Minister of Cambodia, Mr Hun Manet (right), in Cambodia.
“We are here to explore the immense opportunities for trade and investment co-operation between Hong Kong and Cambodia, for mutual prosperity and economic development as well as business promotion,” Mr Lee said, noting that Cambodia is a rapidly developing market with a remarkable economic potential.
Mr Lee (left) meets with the Deputy Prime Minister and Minister of Interior of Cambodia, Mr Sar Sokha (right), in Cambodia.
During the visit, a total of 13 memoranda of understanding were exchanged between various organisations and enterprises from Hong Kong and Cambodia covering areas such as economic co-operation, trade, investment promotion, aviation, information and technology, and financial services.
Mr Lee (second left) and Mr Hun (second right) witness the exchange of a memorandum of understanding between Invest Hong Kong and the Council for the Development of Cambodia.
“We certainly make it easy to do business together,” Mr Lee said, during a business luncheon in Phnom Penh. “Under the unique ‘one country, two systems’ principle, Hong Kong enjoys both the China advantage and the global advantage. We enjoy free flow of information, capital, goods and people, sophisticated infrastructure, and boundless opportunities, thanks to the unfailing support of our country and strong international connectivity.”
Mr Lee speaks at a business luncheon in Cambodia co-organised by the Hong Kong Economic and Trade Office in Bangkok and the Hong Kong Trade Development Council.
Hong Kong is also the prime connection point for overseas enterprises to tap into vast growth markets in the Guangdong-Hong Kong-Macao Greater Bay Area and throughout China and beyond.
“Hong Kong brings to the Greater Bay Area international experience and expertise in finance and trade, as well as world-class professional services, transport, logistics and more,” Mr Lee said. “I welcome Cambodian enterprises and entrepreneurs to partner with Hong Kong and, together with us, tap into the area’s far-reaching business and investment opportunities.”
These are some of the reasons why Cambodian finance professional Robert Lay decided to relocate to Hong Kong with his family in 2023.
“In terms of professional work for me, Hong Kong has access to Greater China,” said Mr Lay, a successful applicant under the city’s Top Talent Pass Scheme.
“Hong Kong has been the headquarters for a lot of the key capital market players. As long as you have the capability to bridge between all of these players, I think it’s definitely the right place to be.”
Mr Lay’s wife is employed by an asset management company while his two children attend an international school in the city. The flexible and international education system was another factor in choosing Hong Kong over other cities. “Our children were born in New Zealand. Coming to this international city, they could learn in English, Cantonese and Mandarin,” Mr Lay said.