The UNESCO Heritage town of Luang Prabang in Laos will once again host a film festival, previously known as the Luang Prabang Film Festival (LPFF).
Business intelligence platform SPEEDA officially enters Hong Kong market-helping enterprises to reduce costs and increase efficiency
As one of the world’s largest information platforms, SPEEDA comprehensively and systematically organizes the information needed for corporate and industry analysis, including a wealth of industry reports on the Asian market, extensive financial reports on listed companies and information on non-listed companies, providing a one-stop service from data collection and analysis to report production. SPEEDA is committed to providing global corporate clients with industry reports, corporate information, investment and M&A information, news and consulting services. By helping multinational companies to better understand the Asian market and local companies in various ways. SPEEDA has been committed to facilitating this interaction and serving as a bridge between Asia and the rest of the world.
SPEEDA is used by more than 1,400 companies, including corporations, financial institutions and consulting firms for a variety of business scenarios. Some of our key clients include BCG, Mckinsey&Company, Bain Company, ATkearney, Deloitte, pwc, Accenture, Goldman sachs, UBS, Blackrock etc. They used SPEEDA for a variety of business scenarios, including the process of developing medium-term management plans, M&A strategies or international business strategies, as well as new business development, competitor research, sales strategy drafting and various marketing activities.
The lack of reliable access to industry information leads to over-reliance on intermediary referral services, making it too costly and inefficient for companies. What’s more, the inability to obtain comprehensive reports on multiple target industries at the same time has left corporate clients with a lack of trusted partners. SPEEDA’s mission is to change the world with economic information by harnessing the combined power of technology and human expertise to organize global business information, increase the productivity of business people, and unleash their creativity to drive change in the world.
Since SPEEDA launched its business in the Asian market in 2015, we have supported Japanese and multinational companies in the Asian market from the perspective of information collection and analysis. SPEEDA, as a business information platform, helps to reduce the time of research work and provides market insights for companies to develop their business and management strategies in Asia.
As the leader of the Asian financial center, SPEEDA takes “co-create the Asian economy” as its mission. Hong Kong- as a city backed by Asia and connected to the world, is destined to play a pivotal role in the development of the Asia-Pacific financial markets. The development of financial technology is also a unique advantage of Hong Kong. SPEEDA takes financial infrastructure interconnection as a link and financial technology empowerment as a grip to further deepen cooperation and contribute to the financial development of Hong Kong region.
SPEEDA will develop with Hong Kong, which is a financial city with an open market, strict regulatory regime, sound rule of law, infrastructure, and free flow of capital and information. And it will not only provide better services, but also provide more comprehensive information on the Hong Kong market to meet the our clients needs.
SPEEDA has launched a free version trail for client to better understand the product. Please click the link the below :
https://mkt.ub-speeda.com/speedachina-webtrial-request-en-campaign.html
Hashtag: #SPEEDA
The issuer is solely responsible for the content of this announcement.
New Times Energy has Commenced Production on the First 3 Wells of the 2022 Drilling Program
- Finished drilling and completing the first 3 wells of the 2022 drilling program in October 2022 as scheduled with all 3 wells on production as of 10 November 2022
- These two-mile-long lateral wells will reach peak daily production in the coming weeks given these are unconventional wells that were stimulated
NTEC spudded the first well of the 2022 drilling program in mid-July 2022 with the subsequent 2 wells drilled back to back from the same well pad. These horizontal wells were drilled to a total measured depth of approximately 4,900 meters and completed via a 32 stage stimulation design. NTEC managed to control cost inflation during its drilling program with final drill and complete costs exceeding the original authorizations for expenditure by only one percent whereas producers in other major oil and gas plays in North America have seen cost inflation increases in the double digits.
The Cardium play in West Central Alberta is one of North America’s most significant light oil fields and was initially developed in the 1950’s. Advances in horizontal drilling since the late 2000’s rejuvenated the field. NTEC just finished drilling the sixth and final well of the 2022 drilling program. This well and the two preceding it are one-mile-long laterals that will be brought on production before the end of 2022 to take advantage of strong oil and gas prices over the winter season. The Group will provide a further operational update after the remaining 3 wells in the 2022 drilling program have been brought on production.
Hashtag: #NewTimesEnergy
About New Times Energy Corporation Limited
New Times Energy Corporation Limited (HKSE stock code: 166), headquartered in Hong Kong, is an international resource company that operates natural gas weighted assets in Alberta and British Columbia and is taking steps to transform its business model into clean and sustainable energy, in its effort to be a part of the global “Energy Transition” that is underway, with social responsibility towards the environment and climate change at the forefront.
Laos Public and Private Debt to Cross 100 Percent of GDP by 2022-End
Despite signs of economic recovery in early 2022, Laos faces increased challenges from currency depreciation and high inflation, according to the World Bank’s latest economic update for the country.
HKU Partnership for Sustainability Leadership in Business Hosts Knowledge Primer 4
Transforming the resource circulation model through collaboration to achieve zero-waste operations
HONG KONG SAR – Media OutReach – 21 November 2022 – Stepping into the post-COVID era, Governments and businesses around the world are racing to recover their economy as fast as possible, and there is no room for Hong Kong to lag behind in this race. The latest Policy Address not only emphasises competing for talents but also puts focus on developing emerging industries to encourage innovation and technological advancement and maintain Hong Kong’s competitiveness.

Among all, the circular economy is an uprising trend across the globe, not only is it a regenerative approach to production and consumption that encourages creative solutions from industries, but many also suggest that it would create economic value. Supported by The Hongkong Bank Foundation, the Partnership for Sustainability Leadership in Business (PSLB) project under the Centre for Civil Society and Governance (CCSG) at The University of Hong Kong organised the 4th Knowledge Primer (KP) on November 17, with the theme ‘Collaboration for Driving Circular Economy in the Food & Beverage Industry’ to delve into the potential of circular economy in the F&B industry, which is named one of the most wasteful industries in Hong Kong with respect to the amount of food waste produced and single-use plastic food and drink containers handed out by local F&B businesses every day.
The event gathered more than 120 industry leaders to explore the implementation status quo and shed light on the hurdles encountered by different stakeholders. Instead of working in silos, this KP underscored the importance of the collective effort to drive systemic change and align with the Government’s goal of achieving carbon neutrality by 2050.
Thematic speeches on sustainable development facilitate cross-sectoral discussions and expound on academic research and business cases
As keynote speakers, Dr. Winnie Law, Deputy Director of the Centre for Civil Society and Governance, and Ms. Nadine Maurellet, General Manager of Business Diversification and Group General Counsel for The Hongkong and Shanghai Hotels, Limited, delivered speeches on “Circularity for Sustainability and Business Resilience” and “Leveraging on Strengths and Creating Shared Value with Our Partners: Learnings from The Hongkong and Shanghai Hotels, Limited” respectively. Dr. Winnie Law believed that resource circularity was not confined to waste management. The purpose of the circular economy was envisioned to decouple economic development from the consumption of finite resources. By transforming the current “take-make-use-dispose” model into a regenerative system, waste could be reintroduced into the production process and converted into resources, which is conducive to the restoration and prosperity of nature. In addition, incorporating circularity into business strategies could unleash economic potentials , such as facilitating the development of eco-products, and forging innovative and diverse workforces, etc. – all of which can pave the way to create resource-efficient, inclusive, and climate-resilient economic models.
Proactiveness and collaborative efforts are the driving force for creating internal systemic change
Despite the unprecedented challenges in the past years for the hospitality industry, Ms. Nadine Maurellet, General Manager of Business Diversification and Group General Counsel for The Hongkong and Shanghai Hotels, Limited, shed light on how the global enterprise puts their Sustainable Luxury Vision 2030 in place, by sharing two case studies on upcycling their food waste with the Nature Conservancy’s (TNC) Save Our Shells project and Textile Upcycling initiative run within their operation. Through the projects, they were able to reduce environmental impact while creating social value. Three keys to success were highlighted. Sustainability issues are interconnected, it is important to start with one key issue to address and then continue to improve the initial idea by connecting more dots to see the extent to which impact can be scaled. Being able to work out the business plan on costs, financial and sustainability impact early on whilst finding resources from investors, governments and peers can ensure the long-term sustainability of projects. In the end, one needs to take action – piloting the idea with subject matter experts and partners and staying humble to deliver results are important driving forces to create internal and systemic change.
Industry leaders recount the obstacles, all circles must work together to deploy a holistic plan
The F&B industry is essentially a web of interconnectedness between different stakeholders. Complicated as it seems, that also implies many possibilities for collaboration. The dialogue with the industry leaders serves the purpose of breaking the silos by inviting representatives along the F&B industry value chain, from front-line staff and local F&B chain restaurants to large-scale property management and consumer service app.
During the dialogue with industry leaders, Professor Simon Wong, BBS, JP, Chairperson and CEO of LH Group, and Mr. Woody Chan, Senior CSR & Sustainability Manager of foodpanda, made an analysis of the obstacles and pain points in the implementation of resource circularity from their respective experiences. Common hurdles faced by businesses include: companies lack expertise in business model innovation and developing circular strategies; and another difficulty that resonated with the attendees was that the less resourceful small and medium-sized enterprises (SMEs) in the F&B sector often lack the time, trained manpower and financial resources to operationalise circular practices and that more support from the government and the industry is needed.”
Mr. Patrick Ho, Deputy Head of Sustainable Development of Swire Properties Limited, and Ms. Anita Cheng, Executive Committee and Honorary Member of Hong Kong Chefs Association, further expressed their views on the importance of driving systemic change in the industry. They believed that formulating clear and actionable circularity goals, increasing R&D investments, incorporating circularity into the menu and kitchen design, adopting smart waste management solutions, and strengthening vocational education (including upskilling and reskilling the workforce skills) were the keys to pushing forward the systemic transformation of the F&B industry to a circular economy. Participants generally agreed that collaboration across the value chains and with different sectors could fuel circular innovation and create synergies through unique and novel business models, which help accelerate the process of circular economy transformation.
PSLB commits to planting a sustainable business ecosystem
Since the launch of “Partnership for Sustainability Leadership in Business” (PSLB), the project has always been devoted to fostering collaborations between large enterprises and SME business partners so that they can create a sound ecosystem to bring about sustainable development. The cohort 2022 of the Sustainable Value Chains (SVC) Commitment and SMEs Sustainability Leadership Recognition Scheme under PSLB officially kicked off this September. With the theme of ‘Circularity and Resilience’ and focus on the Food and Beverage industry, major property developers and F&B conglomerates such as New World Development Company Limited, Sino Group, and Starbucks Asia Pacific are participating in the Schemes along with the SMEs that they nominated to contribute to the design and implementation of a circular economy scheme in their realms. Having hosted capacity-building activities including a series of practical workshops and Idea Jamming sessions, the PSLB project team will continue to work closely with these committed enterprises until June 2023 to bring their innovative ideas of circularity to life.
Professor Wai-Fung Lam, Director of the Centre for Civil Society and Governance (CCSG) and Professor of Politics and Public Administration at the University of Hong Kong, remarked: “More businesses have, encouragingly, set the course for a sustainability transition by formulating longer-term strategies and targets. They have increasingly realised that they are a part of an interconnected system and that stakeholders expect them to take proactive actions in the face of emerging sustainability challenges. In this regard, businesses must go beyond adopting the conventional 4R waste management approach, collaboration is crucial to driving significant changes. This is particularly clear in the case of circularity where different actors in a business’s value chain must come together to close the loop.”
About the Partnership for Sustainability Leadership in Business:
The “Partnership for Sustainability Leadership in Business” (PSLB) is a four-year (2020~2023) project initiated by the Centre for Civil Society and Governance, HKU, and supported by The Hongkong Bank Foundation. The Project is led by Professor Wai-Fung Lam together with a group of sustainability experts. It is aimed at fostering sustainability leadership and collaboration in the business sector of Hong Kong through knowledge transfer, capacity building, and network development; in particular, the Project strives to foster strong partnerships between big corporations and small and medium-sized enterprises (SMEs) in pursuit of sustainability. The Project aspires to build a collaborative ecosystem which will enhance the capacity and role of SMEs in Hong Kong and the Greater Bay Area in attaining sustainable development. More details: https://ccsg.hku.hk/pslb
About the Centre for Civil Society and Governance of The University of Hong Kong:
Established in December 2002, the Centre for Civil Society and Governance (the Centre) strives to enhance our knowledge of civil society and its contribution towards good governance, and to facilitate the attainment of a sustainable society through forging community-based, innovative solutions to inform policy deliberation and collective actions. The work of the Centre is organized around three Labs—the Policy for Sustainability Lab (PSL), the Social Entrepreneurship and Civic Action Lab (SECAL), and the Nonprofits and Philanthropy Lab (NPPL); each of them representing a research focus and an area of excellence of the Centre. More details: http://ccsg.hku.hk
Better Life Consultancy improves family or divorce counseling services
There is no denying that despite the recent business instability in Hong Kong and the global environment, BetterLife has made significant progress over the past year by doubling its overall staff and now has four partners. The firm now has 10 staff members and plans to further expand its family and matrimonial counseling even more in the near future.
The Future Vision of Divorce Counseling Services
Daniel Zhang, Business Development Manager, said, “Our practice, especially when it comes to families including premarital preparation counseling (離婚協議書, separation agreements, divorce proceedings (離婚手續) and child arrangement advice (撫養權), provides a one-stop 24-hour free online enquiry service to help clients quickly understand the important issues of divorce. Our team has been developed and familiar with handling Hong Kong divorce counseling, China-Hong Kong divorce cases counseling, alimony, custody, etc. In the future, our company will make full use of technology to make our operations more efficient. Not only software and hardware, but every employee must embrace change and technology, including the use of automated systems to handle divorce matters, manage bills, communicate internally and externally, and handle administrative documents. The company’s vision is to use technology to streamline operational processes and optimize customer relationships.”
Hashtag: #BetterLifeConsultancy
About Better Life Hong Kong Consultancy
Better Life Hong Kong Consultancy is capable of providing efficient services in all areas of alimony, custody, divorce proceedings ( 離婚), China-Hong Kong divorce, property distribution, etc. With many years of experience in providing solutions and high quality and optimized advice to individuals, families, entrepreneurs and companies in Hong Kong and overseas.
Laos Requires USD 22 Million for its 5th Population and Housing Census
The Ministry of Planning and Investment expects more than LAK 320 billion to execute the fifth Population and Housing Census which will take place in 2025.
Cambodia, Laos, Vietnam Agree to Establish Parliamentary Summit
Cambodia, Laos, and Vietnam (CLV) signed a joint statement on Sunday establishing a CLV parliamentary summit, according to a press release issued by the Cambodian National Assembly.