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June Inflation Rate in Laos Sees Significant Dip From Last Month

June Inflation Rate in Laos Sees Significant Dip From Last Month
Man pushing a cart in front of a construction site. (Photo: World Bank)

The recent inflation rate published by the Bank of Lao PDR (BOL), shows signs of a weakening economy as year-on-year inflation rises.

Strategic Investment in BioMed by Human Health for Propelling Advancements in Gut Microbiome Based Health Management and Its Medical Application

HONG KONG SAR – Media OutReach – 26 June 2023 – In celebration of the World Microbiome Day on 27th June 2023, Human Health Holdings Limited (HKG stock: 1419) (Human Health) is pleased to announce a strategic investment in BioMed Technology Holdings Limited (BioMed) for collaboration in developing on gut microbiome technology based on precision medicine, providing advanced and affordable non-pharmaceutical health management solutions that help people to improve sub health and metabolic syndromes effectively.

Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health (from left, 6th) and Vincent Tsang, co-founder and Chief Executive Officer of BioMed (from right, 3rd) joined hands to promote gut microbiome health management at community level.
Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health (from left, 6th) and Vincent Tsang, co-founder and Chief Executive Officer of BioMed (from right, 3rd) joined hands to promote gut microbiome health management at community level.

Mr. Chan Kin Ping, BBS, JP, Chairman and Chief Executive Officer of Human Health said “Upholding a people-centered spirit, Human Health is dedicated to take care of the needs of people at different stages of life. Health cannot be obtained merely by using certain products or services. The shared mission of Human Health and BioMed is to promote scientific measurement and precise treatment, thereby effectively managing health. The concept of microbiome health management based on the brain-gut axis theory is well in line with our holistic, forward-looking approach to physical and mental health. We believe that such collaboration will complement and benefit both parties and will also contribute to the society.”

Mr. Vincent Tsang, Chief Executive Officer of BioMed remarked “Microbiome technology is the key to health which is our core belief. We envisage deeper and wider application of gut microbiome interventions in the medical realm, backed up by more clinical trials. BioMed has been researching gut microbiome, using local data to develop solutions that best fit the need of Hong Kong people. We expect the collaboration between BioMed and Human Health will further promote the popularity of gut microbiome testing. Testing results allow people to gauge their personal needs and thus take precision probiotic supplement when supporting the development of the local microbiome database. It’s conducive to the research and development of products and services with more accurate and effective outcome.”

Multifaceted Collaboration Helping People to Restore Beneficial Bacteria after Taking Antibiotics

Human Health, after the strategic investment in BioMed, immediately launched collaborations on various fronts including co-brand marketing and promotion of gut microbiome products. Going forward, the collaboration between two parties is expected to extend to the Greater Bay Area. In response to the current market demands in Hong Kong, BioMed and Human Health plan to roll out more microbiome-based products that help people to restore the balance of gut flora and alleviate discomfort after taking antibiotics.

BioMed’s first-of-its-kind gut microbiome healthcare centre has already commenced its service at Healthy Square, Human Health’s mega health hub located at Star House in Tsim Sha Tsui, providing one-stop personalised gut health management solutions. The healthcare centre offers on site nutritionist services, including professional health assessment, body mass measurement and health consultation services. PGut probiotic supplements and personalized testing kits and services under the brand of BioMed are also available at the healthcare centre.

Hashtag: #BioMed #盈健醫療集團 #盈健 #生物醫學科技控股


The issuer is solely responsible for the content of this announcement.

Human Health Holdings Limited

Human Health, listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 1419), is one of the largest medical groups in Hong Kong. Having been serving the community since 1997, the Group operates almost 60 medical centres, with more than 1000 professional team and staff. With an aim to “Elevate Your Health Value, Elevate Your Life”, Human Health provides comprehensive medical services network including general practice, specialties, dental, physiotherapy, diagnostics & imaging, day procedure and endoscopy, medical aesthetics, Chinese medicine and wellness services to provide professional and person-centric care medical and wellness services in Hong Kong.

BioMed Technology Holdings Limited

BioMed, a startup nurtured by Hong Kong Science Park, was founded by Mr. Vincent Tsang, Prof Stephen Tsui, Professor and Associate Director (Research), School of Biomedical Sciences, CUHK and Dr Steven Loo, a dermatologist and Clinical Assistant Professor (Honorary) at CUHK’s School of Medicine in 2018. They work on a mission to apply the results of microbiome R&D and technology to addressing health issues induced by dysbiosis.

BioMed has a world-class research team and laboratory. It is dedicated to delivering a three-prone microbiome-based solution, namely knowledge, probiotics supplement with prebiotics and postbiotics and easy-to-use microbiome DNA testing. BioMed advocates precise, personalised and scientifically proven intervention based on testing results, coupled with lifestyle modification to restore and maintain gut microbiome balance for physical and mental health.

BioMed has strong financial backings. It raised funds in its oversubscribed seed round from Alibaba Hong Kong Entrepreneurs Fund (AEF), Gobi Partners GBA and The International Medical Co. Ltd. (TIMC). DSS (NYEX: DSS), a US listed company is also a shareholder of BioMed.

CBK White Paper Series: Managing Supply Chains in the Post-pandemic New Normal

Professor Jing Wu, Department of Decision Sciences and Managerial Economics, CUHK Business School

HONG KONG SAR – Media OutReach – 26 June 2023 – The global economy has faced a series of extreme shocks over recent years, ranging from the COVID-19 pandemic to the U.S.-China trade war and Russia’s invasion of Ukraine. These dramatic changes have had far-reaching effects on globalisation, leading to a fundamental reversal of multilateral trade openness and the disruption of the status quo in global supply chains.

The global economy has faced a series of extreme shocks over recent years, leading to the disruption of the status quo in global supply chains.
The global economy has faced a series of extreme shocks over recent years, leading to the disruption of the status quo in global supply chains.

Traditionally, the tradeoff in global supply chains is cost efficiency (such as in China) and risk concentration. Increasingly, companies and governments are calling into question the sourcing strategies that have dominated supply-chain management for decades. After the trade war and COVID, global supply chain risk, especially geopolitical risk, has become a recognized issue.

New trends such as geo-economic regionalisation of supply chains, sourcing consolidation back home or among close trading partners, and facility establishments clustered around the final end-user market, have begun to emerge, as globalised manufacturing comes under intense pressure and supply chain risk – especially tail risk from unforeseen events – becomes increasingly recognised as an issue.

The Restructuring of Global Supply Chains

Traditionally, supply chain globalisation has offered firms the advantage of cost savings, and access to materials or production capabilities that may not be available domestically. However, the COVID-19 pandemic and U.S.-China Trade War have highlighted the vulnerability of global supply chains and how they expose firms to operational risk and potentially unfavourable economic or political developments in countries where their partner firms are located. As a result, the restructuring of global supply chains has been taking place across industries and geographies, with firms considering multiple trade-offs, incentives, and constraints.

So how should firms adapt their supply chains to maximise returns, minimise risk and improve resilience in the face of sudden or long-term interruptions? What trends do they need to be aware of as they build their networks in the new global economic order that is emerging? Moreover, what will the supply chains of the future look like? In this CUHK Business School Research White Paper, we review a raft of studies that provide some early answers to these questions and may help to guide businesses through the turmoil and unpredictability that have characterised global markets following the pandemic.

An initial hint is provided by our recent study, which challenges the traditional wisdom that supply chains are linear in nature and demand shocks are amplified upstream along the chain. Our study demonstrated that today’s companies operate as part of a complex supply network, with each player having multiple customers and suppliers.

The network perspective brings brand new insights on analysing the supply chain opportunities and risks, compared to the traditional perspective of a linear supply chain.

The Onset of Friend-shoring and Keeping Your Friends Close

“Friend-shoring” is also a new trend that is growing and it is likely to stay with us.
“Friend-shoring” is also a new trend that is growing and it is likely to stay with us.

Another critical topic we looked at is whether supply chain links to other regions in the world expose companies to increased risk during the pandemic, or provided a valuable buffer against local disruption. To that question, we found consistent evidence that when global supply chains were disrupted during COVID-19, it significantly affected the credit risk of companies that rely on those supply chains. For example, when China was hit in the early 2020, supply chain risk increased for U.S. companies connecting with China. However, when later China resumes production and other countries around the worlds were hit by COVID-19, having China supply chains proves valuable and mitigate the risk.

Our studies also lead us to expect that, as a result of the pandemic, people and governments around the world realise the importance of local manufacturing capacity, and they will continue to support such capacity expansion through policies such as subsidies and regional trade agreements.

“Friend-shoring”, which refers to the forging of economic ties with countries that share political trust and common economic systems and values, is also another new trend that is growing and it is likely to stay.

Given the rising geopolitical tensions of recent years, in another study, we looked at how American companies restructure their global supply chains in response to the trade and economic policy uncertainty. Our results suggest that supply chains can change as a result of trade policies enacted by governments and that supply chain risk can depend on whether a company generates its revenues abroad or at home. For US multinationals which generate most revenues abroad, U.S. policy uncertainty will push them to do more sourcing instead of bring manufacturing home. Of course, they will look for sourcing destinations with low policy uncertainty as well, at the same time explore new sourcing locations beyond China to diversify the concentration risk.

The reconstruction of global supply chains has become increasingly intertwined with the policies of individual states. Given this, do U.S. government suppliers adjust imports from countries that are affected by trade tensions, such as China and Russia?

Our research finds that recently, companies in the U.S. are increasingly hiring former U.S. government employees. Effectively such government connections can help companies to navigate the increasing murkiness that of the global market landscape due to rising geopolitical tensions, as well as help supply chains by offering flexibility.

The Future of Supply Chains

Drawing on these findings, we offer four key predictions about how the reconstruction of the global supply chain will evolve over coming decades:

  • Supply chain disruption will stay, especially disruption that is geopolitical in origin. Political disruption to global supply chains will increase due to intensified competition and tension in international relations.
  • Western multinational companies relying on assembly manufacturing in China will pull production out of China partially. However, China will remain the world’s factory for a decade or so, due to the lack of a competitive substitute, leading to the manufacturing structure of “China + N”. It is worth noting the rapid rise of India as a new manufacturing hub, with the potential to challenge China.
  • Regional value will weigh more in globalisation. To counter supply chain disruption, firms will take on more sourcing suppliers and supplier countries. In the long term, re-shoring, near-shoring, or even “friend-shoring” will be adopted to cut lead times and uncertainty, forming a new era of “geoeconomics fragmentation”.
  • We predict that while the cost efficiency can be hurt during the future supply chain restructuring, this more fragmented form of supply chain globalisation will benefit innovation such as manufacturing modularisation and servitisation, as innovation usually comes from small, creative groups that function as part of a diverse network.

Read more: https://cbk.bschool.cuhk.edu.hk/research-whitepapers/managing-supply-chains-in-the-post-pandemic-new-normal/

Hashtag: #CUHKBusinessSchool

The issuer is solely responsible for the content of this announcement.

Laos’ Deputy Minister of Health Calls for Improved Healthcare Services

The new Mother and Newborn Hospital in Vientiane Capital is a new benchmark in the healthcare service of Laos. (Photo: THE SWISS LAOS HOSPITAL PROJECT)

The Lao Deputy Minister of Health, Dr. Phayvanh Keopaseuth, called on healthcare professionals and administrators in the country earlier this month, to improve the quality and access to their services.

Unlock the Power of CFDs with Phillip Nova: Learn How to Manage Risk in Volatile Markets

Phillip Nova offers over 500 contracts of CFDs on Phillip MetaTrader 5, covering a whole range of asset classes including Global Indices, Equities, Commodities and more.

SINGAPORE – Media OutReach – 26 June 2023 – Contracts for differences (CFDs) are a popular trading instrument that allows traders to speculate on the price movements of various financial assets, including stocks, indices, commodities, and currencies. However, trading in volatile markets can be challenging, as sharp price movements can lead to significant losses. In this article, we’ll explore how CFDs can help traders manage risk in volatile markets and provide tips for successful risk management.

What are CFDs, and how do they work?
CFDs are a type of derivative that allows traders to speculate on the price movements of an underlying asset without actually owning it. Instead, traders enter into a contract with a broker to exchange the difference in price between the opening and closing positions of the contract. CFDs offer several advantages over traditional trading methods, including lower capital requirements, access to leverage, and the ability to short-sell.

Understanding volatility and its impact on trading
Volatility refers to the degree of variation in the price of an asset over a given period. High volatility can create opportunities for traders to profit from significant price movements, but it also comes with increased risk. Traders should be aware of the potential risks of trading in volatile markets, including sudden price fluctuations and increased margin requirements.

How CFDs help traders manage risk
CFDs can help traders manage risk in several ways. First, CFDs allow traders to hedge their positions by taking out contracts in the opposite direction of their existing positions. This can help offset losses and limit risk exposure. Additionally, CFDs offer flexible margin requirements, allowing traders to adjust their position sizes to match their risk tolerance. Finally, CFDs offer a range of risk management tools, including stop-loss orders, which can help limit losses and protect profits.

Tips for managing risk with CFDs
To successfully manage risk with CFDs, traders should focus on developing a solid risk management strategy that includes clear entry and exit points, position sizing, and stop-loss orders. Traders should also be aware of the potential risks associated with trading in volatile markets and adjust their positions accordingly. Finally, traders should always stay up-to-date with market news and events that could impact their trades.

Examples of successful risk management with CFDs
Successful traders often use CFDs to manage risk and maximise profits. For example, a trader might use a CFD to hedge their exposure to a specific asset class, such as stocks or commodities. Additionally, CFDs can be used to implement a range of trading strategies, including trend following, range trading, and mean reversion.

Phillip Nova offers over 500 contracts of CFDs on Phillip MetaTrader 5, covering a whole range of asset classes including Global Indices, Equities, Commodities and more. Integrated with industry renowned tools such as Acuity Signal Centre and Trading Central Market Buzz, Phillip MetaTrader 5 gives traders the best-in-class experience. Additionally, all contracts are tradable at zero commission with no minimum fee or platform fee.

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Hashtag: #PhillipNova #Investment #MT5 #CFD



The issuer is solely responsible for the content of this announcement.

About Phillip Nova

Phillip Nova (formerly known as Phillip Futures) was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT). We have since grown to become one of the region’s top brokerages for the trading of Stocks, CFD, Forex, global Futures and Commodities. The Group has clearing memberships in 21 global exchanges, including APEX, BMD, CME Group exchanges, DGCX, HKEX, ICDX, ICE Singapore, JPX Group exchanges, NSE, TFEX, TOCOM and SGX Group exchanges.

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Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series Officially Unveiled

Nearly 150 guests gathered at City of Dreams for the unprecedented Jade Dragon x Yong Fu six-diamond feast

MACAU – Media OutReach – 26 June 2023 – Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series was officially unveiled in an opening ceremony at City of Dreams on June 23, which was officiated by Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office (MGTO); Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment; Ms Wu Wenshu, General Manager of Outbound Travel Business, Meituan Dianping; as well as senior management of Melco including Chief Advisor Dr. Kent Wong; Chief Operating Officer – Macau Resorts Mr. David Sisk; Senior Vice President, Property General Manager of Studio City Mr. Kevin Benning; and Senior Vice President, Property General Manager of Altira Macau & Mocha Clubs Dr. Raymond Lo. The grand launch was then celebrated by Macau’s first-ever six-diamond feast jointly curated by the powerful duo of Jade Dragon from Macau and Yong Fu from Shanghai.

(From left to right) Mr. Kevin Benning, Senior Vice President, Property General Manager of Studio City; Dr. Kent Wong, Chief Advisor of Melco Resorts & Entertainment; Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment; Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office; Ms Wu Wenshu, General Manager of Outbound Travel Business, Meituan Dianping; Mr. David Sisk, Chief Operating Officer – Macau Resorts, Melco Resorts & Entertainment; Dr. Raymond Lo, Senior Vice President, Property General Manager of Altira Macau & Mocha Clubs officiated the kick-off ceremony of Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series at City of Dreams on June 23.
(From left to right) Mr. Kevin Benning, Senior Vice President, Property General Manager of Studio City; Dr. Kent Wong, Chief Advisor of Melco Resorts & Entertainment; Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment; Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office; Ms Wu Wenshu, General Manager of Outbound Travel Business, Meituan Dianping; Mr. David Sisk, Chief Operating Officer – Macau Resorts, Melco Resorts & Entertainment; Dr. Raymond Lo, Senior Vice President, Property General Manager of Altira Macau & Mocha Clubs officiated the kick-off ceremony of Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series at City of Dreams on June 23.

“Since gaining the designation as a UNESCO Creative City of Gastronomy in 2017, Macao has kept organizing and supporting different kinds of activities to steer its sustainable development forward as a Creative City of Gastronomy. MGTO is delighted to witness industry stakeholders’ dedication through preservation, innovation and exchange, exemplified by the array of exquisite feasts jointly prepared by Macao’s signature restaurants and different Black Pearl diamond restaurants from the Mainland. It will be an enchanting symphony of flavors and cultures paired with sublime service for people to experience in Macao,” said Ms. Senna Fernandes in her speech.

“Melco fully supports the Macao SAR government on developing the city as the World Center of Tourism & Leisure. With The Black Pearl Diamond Restaurants Gastronomic Series, Melco will join hands with 10 Black Pearl diamond restaurants, with the collaboration between Jade Dragon and Yong Fu marking Macau’s first-ever six-diamond feast, delivering quality hospitality and world leading dining experience to Macau. Special thanks to Melco’s food & beverage team and the participating chefs. Melco will continue to introduce more innovative and high-quality elements to Macau,” said Mr. Ho in his speech.

The epic debut of the gastronomic series was marked by a harmonious combination of some of the most well-loved signatures from Yong Fu, such as Yong Fu Style Five-Flavor Platter, Yong Style Braised Yoshihama Abalone, and Steamed Line-Caught Rice Fish with Ginger Paste, as well as some newly created off-menu delicacies from Jade Dragon, such as Tossed Sheered Fish Maw with Alaskan King Crab Meat and Truffle, Served with Cordyceps Soup, and Braised Rice with Mozambique Red Shrimp. Close to 150 guests were indulged in the exquisite flavours of authentic Cantonese and Ningbo cuisines in a once-in-a-lifetime gourmet extravaganza at Jade Dragon in the first evening of the two-night event.

With the support of MGTO, Melco Resorts & Entertainment is proud to organize Melco Style Presents: 2023 The Black Pearl Diamond Restaurants Gastronomic Series running from now and throughout 2024. The extraordinary series features 10 rounds of exciting crossover collaborations between Melco’s signature restaurants across City of Dreams, Studio City and Altira Macau and the 2023-24 Black Pearl diamond restaurants. The second four-hands dinner will bring together an exclusive Cantonese x Huaiyang menu co-created by Michelin one star Pearl Dragon at Studio City and Black Pearl one diamond Xizhou Hall at Park Hyatt Suzhou from July 15-16. Reservations can be made by calling 8865 6560 or visiting the official event page (www.studiocity-macau.com/en/promotions/a-pearly-feast). Stay tuned for the other upcoming four-hands dinner line-up via www.cityofdreamsmacau.com/en/offer/the-black-pearl-diamond-restaurants-gastronomic-series-2023 .
Hashtag: #Melco

The issuer is solely responsible for the content of this announcement.

CÉ LA VI Singapore’s Sky High Brunch Returns: Free-Flow Alcohol & Food Meets Endless Party Fun

SINGAPORE – Media OutReach – 26 May 2023 – Raise a toast to the comeback of Singapore’s most luxurious midday rendezvous, Sky High Brunch at CÉ LA VI Singapore on 15th July, Saturday. From 12pm to 4pm, sip on 4-hours of free-flow alcohol like champagne, beers, wines or spirits and dance to the beats by DJs, Ramesh and Stephen Day. With experienced MC, SWTLKR livening up the mood along with the percussions by Rahman, you can expect an exhilarating time at Sky High Brunch. Be thoroughly spoiled by a buffet of innovative contemporary Asian cuisines concocted by CÉ LA VI’s executive chef, Chef Maksym Chukanov, all while steeping in the views of Singapore’s pristine skyline.

CELAVI Sky High Brunch 15 July
CELAVI Sky High Brunch 15 July

Ultimate Gastro-Journey with Bottomless Libations

As an integral part of the Sky High Brunch experience at the SkyBar, CÉ LA VI is proud to present an extravagant selection of free-flow beverages. Delight in the luxurious bubbles of Veuve Clicquot Yellow Label Brut as you immerse in the atmosphere of celebration.

Taste the rich, balanced flavours of selected wines and beers that offer a refreshing respite from the heat. Further heightening the sensory experience is an assembly of expertly-crafted cocktails, for something stronger, try the range of spirits available.

Complete your brunch gastro-journey by indulging in the sheer finery of CÉ LA VI’s culinary offerings from the Restaurant. Unleash your palate to an extensive array of delicacies at the Sky High Brunch.

Dive into a sea of fresh, tantalising seafood including the Prawns, Mussels, and sublime Hokkaido Scallops. CÉ LA VI’s dedicated Seafood Buffet guarantees a delectable voyage beneath the waves.

For the Canapes, take a bite of earth-conscious Impossible Meatball or let the Salmon Tartare Cone and Beef Pastrami Sandwiches tingle your taste buds with their immaculate blend of textures and flavours.

Indulge in CÉ LA VI’s finely-curated Cold Dishes selection featuring the delicate Avocado Roll, the crispy Prawn Tempura Roll, and the flavoursome Tuna Roll. Also, delight in Gem Lettuce Salad dressed with zesty Yuzu, and sample the Chilled Ramen Noodles accompanied by a burst of flavours from Wasabi Mayo.

CÉ LA VI’s hot dishes section showcases a variety of culturally-infused delights. Bite into the tender Short Rib Bossam and succulent Chicken Katsu draped in rich Japanese Curry. Seafood enthusiasts can enjoy the Snapper dressed with Tom Yum Sauce and the Grilled Salmon lavished with a zingy Vietnamese Dressing. Visit CÉ LA VI’s live satay station where the succulent Chicken and Beef Satay never fails to please.

No feast is complete without the perfect sides. Snack on the smoky Padron Pepper, tender Broccolini in savoury Hoisin Sauce, creamy Miso Mashed Potato, and the fragrant Coconut Rice, each bringing a unique twist to your meal.

And of course, end your brunch with CÉ LA VI on a sweet note. The dessert offerings at Sky High Brunch range from the rich Chocolate Miso Tart and the exotic Balinese Chocolate Mousse Cake to the tangy Lemon Meringue Tart and the Thai Basil Passionfruit Pâte de Fruit. Lastly, a fresh Fruits Selection serves as a vibrant close to a brunch like no other.

Exclusive Invite Awaits

Embrace the rhythm of the city and let the night unfold after your Sky High Brunch fiesta. Soak up the atmosphere buzzing with vibrant energy as DJ Sivanesh takes over the decks at CÉ LA VI Singapore’s Club Lounge. From 4pm till late, prepare to be swept up in a whirlwind of dynamic beats and high-spirited revelry with no charge required. Get your tickets to Sky High Brunch now for a full day of unforgettable fun.

Date: 15th July, Saturday
Time: 12PM to 4PM SGT
Location: CÉ LA VI Singapore – Rooftop Restaurant & Bar, 1 Bayfront Avenue Marina Bay Sands, Hotel, Tower 3 Singapore
Ticket Price: $208.00

Hashtag: #celavi #skyhighbrunch #rooftopbar


The issuer is solely responsible for the content of this announcement.

About CÉ LA VI Singapore

CÉ LA VI is an interpretation of the popular French saying, “This is Life”. CÉ LA VI’s mission is simple: the pursuit of pleasure, passion and play in a spectacular setting. Born in Southeast Asia, CÉ LA VI pays homage to the region’s creative legacy and cultural landmarks, welcoming guests to an immersive and sensual dining experience. The brand’s global footprint and red umbrellas span across cities like Singapore, Taipei, Tokyo, and Dubai.

New Convention Wins and Strong Line-up Reaffirms Hong Kong’s Leading Edges Across Multiple Sectors

HONG KONG SAR – Media OutReach – 26 June 2023 – The Hong Kong Tourism Board (HKTB) has applauded the city’s convention business following a raft of new convention wins in 2023. I&T, medical, financial services, and education planning professionals have all chosen Hong Kong, solidifying the city’s position as a preferred destination for academic exchanges and industry advancement.

Mr Kenneth Wong, General Manager, MICE & Cruise of HKTB, said, “The growing demand is providing a welcome stimulus for Hong Kong’s economy. Thanks to Hong Kong’s leading status across various industries and tremendous opportunities brought by the Greater Bay Area (GBA), we are delighted that Hong Kong further strengthens its status as the World’s Meeting Place and remains a top choice among convention organisers.”

Convention wins reinforce Hong Kong as I&T hub
One of this year’s major wins is the EDGE Global AI & Web3 Investment Summit 2023 under the I&T sector. The inaugural edition of this event will be hosted in September 2023 in Hong Kong, and is expected to bring in 10,000 visitors. This major win followed the city’s recent hosting of a number of Web3 events, including FOMO Asia Genesis Conference and WOW Summit 2023, which marked its entry to Asia Pacific.
Mr Ander Tsui, organiser of EDGE Global AI & Web3 Investment Summit 2023, Co-Chairman of Hong Kong Blockchain Association, Chairman of EDGE Summit Committee and Founder of VertexLabs said, “Hong Kong is simply a world-class stage for Web3 and artificial intelligence events and beyond. Not only does it draw global venture capitals, investment institutions, and enthusiasts from across the globe, but it also serves as the perfect gateway to the dynamic GBA. We look forward to seeing our high-octane event debut in Hong Kong.”
Another major win – the Insurtech Insights Asia 2023 Conference, which will take place in December 2023 with an expected attendance of 3,000 – highlights the city’s strong fundamentals, international business connections, as well as government support in the insurance, insurtech and I&T sectors.
Mr Kristoffer Lundberg, CEO Insurtech Insights and Mr Hung W. Wong, President Asia, Insurtech Insights said, “We are thrilled to be building the largest pan-Asia insurance and insurtech conference in Hong Kong to gather insurance executives, entrepreneurs, and investors by providing knowledge, inspiration and network. We are extremely grateful for the tremendous support from the Hong Kong governmental organisations.”

Strong convention line-up in 2023
This year, the city is already recording an exciting calendar of conventions, in which the medical sector has taken the lion’s share, including the 44th Asia Pacific Dental Congress 2023 in June and the 16th Asia Pacific Heart Rhythm Society Scientific Session, in conjunction with CardioRhythm, in September 2023.
Dr Nelson Wong, Hong Kong Convention Ambassador, President of the Asia Pacific Dental Federation and President of the Hong Kong Dental Association said, “The 44th Asia Pacific Dental Congress 2023 was a great success with the dedicated support from the HKTB. We are proud to play a part and strive for excellence in making Hong Kong a premier destination for international dental congresses.”

The 44th Asia Pacific Dental Congress 2023 successfully attracted over 5,000 dentists and dental industry related participants from local and around the world.

Hong Kong Convention Ambassador programme expands to Mainland China

Leveraging the extensive network and influential power of the business leaders in Hong Kong, the HKTB introduced the Hong Kong Convention Ambassador (HKCA) programme back in 2020. Since then, industry leaders have led some 40 events to Hong Kong. This year the HKTB appointed 140 industry leaders from Hong Kong and Mainland China, which marks the HKCA programme expansion to Mainland China for the very first time.
Mr Kenneth Wong said “The formulation of the ambassador programme gives Hong Kong an edge in securing world-class conventions. We are very grateful for the support from local leaders, as well as our mainland counterparts. With close collaboration, we can showcase Hong Kong’s unique role as a super-connector and a MICE hub of the GBA to capture boundless opportunities for business events.”
With HKTB’s continuous strategic bidding efforts and the well-developed and growing alliance of HKCA, Hong Kong is set to attract more world-class conventions, making it the first choice as the place to meet.

Hashtag: #HongKong #Convention #Technology #Web3 #AI #Medical

The issuer is solely responsible for the content of this announcement.