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ViewQwest and HKBN forge Strategic Partnership to offer One-Stop DX services in APAC

HONG KONG SAR- Media OutReach – 25 August 2022 – Award-winning Singapore telecommunications, network and security solutions provider, ViewQwest, and Hong Kong’s fastest growing telecom and technology solutions provider HKBN Enterprise Solutions (“HKBNES”) has formed a strategic partnership to elevate their regional capabilities in providing ICT and digital transformation (DX) services to customers in the Asia Pacific (APAC) region, especially for large regional retailers. By combining ViewQwest’s extensive regional network and HKBNES’s one-stop digital solutions, the two companies have further strengthened their capabilities in the region to create win-win-win outcomes with customers.

Singapore's ViewQwest and HKBN Enterprise Solutions join hands for a strategic win-win-win partnership focused on developing APAC market opportunities. (From left - HKBNES: William Ho, CEO; Juliana Lam, Head of Business Solutions; Mikron Ng, Chief Commercial Officer – Business Market & China Business. ViewQwest: Joel Goh, Head of Product and Service Delivery and Benjamin Tan, CCO)

Singapore’s ViewQwest and HKBN Enterprise Solutions join hands for a strategic win-win-win partnership focused on developing APAC market opportunities.
(From left – HKBNES: William Ho, CEO; Juliana Lam, Head of Business Solutions; Mikron Ng, Chief Commercial Officer – Business Market & China Business. ViewQwest: Joel Goh, Head of Product and Service Delivery and Benjamin Tan, CCO)

Leveraging HKBNES’s competitive ICT and digital solutions capabilities, ViewQwest will work with HKBNES in deploying digital transformation services in Hong Kong and Macau. Both companies will be establishing a colocation facility in HKBN’s data centre; providing on-ground technical and engineering support to ViewQwest’s customers in Hong Kong and Macau, including for software and hardware installation and troubleshooting services.

“Businesses globally are being swept up by the digital transformation wave, none more pronounced than in the retail sector especially enterprises with extensive multi-market coverage. Our partnership with HKBN leverages their deep knowledge and experience in the Hong Kong and Macau market. The collaboration will enable us to better serve our customers with regional operations,” said Vignesa Moorthy, Chief Executive Officer of ViewQwest. “This combined play marks a significant milestone in our journey and mission to help our customers build and transform their network and security architecture with confidence, streamlining operations, driving cost-savings, and enabling business agility.”

“This is a unique growth opportunity to further enhance our position as one of the most trusted ICT and digital transformation solutions providers, as we can more dynamically meet our customers’ diverse business & strategy needs – like expanding into overseas markets,” said William Ho, Co-Owner-to-be and HKBNES CEO, “This world-class partnership will strengthen HKBNES’s footprint in Singapore, and provide us with a solid foundation for accelerated development and growth in the Southeast Asia and APAC markets.”

Hashtag: #ViewQwest #HKBN

About ViewQwest

Established in 2001, ViewQwest is an award-winning telecommunications service provider of global and local Connectivity, Managed SASE and SD-WAN, and Managed Security solutions. Consistently recognized as Singapore’s Fastest Fixed Network from 2018 to 2022 by Ookla Speedtest Intelligence, ViewQwest is a trusted partner of global MNCs and top enterprises in SEA, helping to build and transform their network and security infrastructure with confidence.

With headquarters in Singapore, ViewQwest expanded into Malaysia in 2016 as a fully-licensed operator serving the enterprise and residential market with its full suite of connectivity and managed network and security services. In 2019, it commenced commercial operations in the Philippines and in 2022 it expanded into Hong Kong further extending its market coverage for Managed SASE, SD-WAN, and cybersecurity solutions.

About HKBN Enterprise Solutions

HKBN Enterprise Solutions (“HKBNES”) is the enterprise solutions arm of HKBN Group (“HKBN” or the “Group”). Headquartered in Hong Kong with operations spanning across Asian markets including Hong Kong, Macau, mainland China, Singapore and Malaysia, the Group is a leading integrated telecommunications and technology services provider. The Group provides a full range of one-stop, high-quality information and communication technology (ICT) solutions and an unlimited services portfolio. HKBN’s extensive tri-carrier fibre infrastructure covers around 2.5 million residential homes and around 8,000 commercial buildings and facilities across Hong Kong. Committed to creating a lasting positive impact to wherever it operates, HKBN embraces a core purpose to “Make our Home a Better Place to Live” and has received a rating of AA in MSCI’s 2021 ESG Ratings assessment in environment, society and governance. Since 2016, HKBN has been a Constituent Member of the Hang Seng Corporate Sustainability Benchmark Index, with AA ratings for the past two consecutive years (2020 and 2021) – the highest in its industry. The Group is managed by hundreds of Co-Owners (supervisory and management level Talents in the Group) who invested their savings to buy shares of HKBN Ltd. (SEHK Stock Code: 1310). For more information about HKBN Enterprise Solutions, please visit .

Kenya and Taiwan Warn Citizens of Trafficking to Laos, Cambodia

Kenya and Taiwan have reported their citizens trafficked to Laos and other destinations in Southeast Asia to work at call center scam operations.
Kenya and Taiwan have reported their citizens trafficked to Laos and other destinations in Southeast Asia to work at call center scam operations.

Kenyans and Taiwanese are among the hundreds of people trafficked to Southeast Asia and forced to work for telecom scam networks based in Laos and Cambodia.

Natural Disaster Damages Exceed LAK 10 Billion in Luang Prabang

A major landslide cut off the road on Route 13 between Luang Prabang and Nam Bak District on Monday.

The Department of Public Works and Transport in Luang Prabang Province has estimated that the damage caused by natural disasters in the province has cost more than LAK 10 billion.

Prudential Laos Supports British Embassy Scholarship Program

The British Embassy and Prudential Laos awarding scholarships to Lao scholars to pursue masters' degrees in the UK.

On 23 August, Prudential Life Assurance (Lao) Company Limited (Prudential Laos) and the British Embassy in Vientiane signed a Memorandum of Understanding (MoU) to financially support the UK government’s Chevening Program for the 2022/2023 academic year.

Global Coffee Prices to Rise Amid Drop in Vietnam Supply

Depleted Vietnam coffee stores could push up global prices.
Depleted Vietnam coffee stores could push up global prices.

Vietnam’s large stockpile of coffee beans is diminishing, a development that is expected to push global coffee prices even higher.

UN Regional Forum on Statistics Explores Data Governance Issues

Heads of national statistical offices, statisticians and other experts from across the region are meeting this week at the United Nations Economic and Social Commission for Asia(Photo: Puwat Chancharoensuk).

Heads of national statistical offices, statisticians and other experts from across the region are meeting this week at the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) to discuss establishing sound data governance mechanisms that respond to a new data-driven era.

Mainland Chinese businesses increase digitalisation despite tech gap

BEIJING, MAINLAND CHINA – Media OutReach – 25 August 2022 – Nine out of 10 accounting and financial professionals in Mainland China believe their employer will increase technology use over the next 12 months. However, there is a digital divide between large and small businesses according to CPA Australia’s Business Technology Survey 2022.

Eighty per cent of Mainland Chinese respondents reported that their company has a digital transformation strategy. Ninety-six per cent expect their businesses will take action to improve digitalisation in the next 12 months, which includes expecting their organisation to start or continue implementing of a digital transformation strategy (41 per cent).

CPA Australia, one of the world’s largest professional accounting organisations, surveyed 820 accounting and financial professionals in seven Asia-Pacific markets, including 186 respondents from Mainland China.

Tony Chan FCPA (Aust.), Deputy President of CPA Australia’s South China Committee, said businesses are accelerating digitalisation and taking practical steps to drive their competitiveness in the technology landscape.

“The survey results reflect the high-quality growth of the digital economy in Mainland China with many businesses keen on exploring innovative solutions to fuel data-driven growth.”

“Mainland Chinese businesses are stepping into a new milestone of digital transformation by translating vision into action. I believe businesses will further improve their operational efficiency and profitability by integrating more technologies into all organisational functions in the future.”

When asked what technologies respondents expect their organisation to use more in the next 12 months, data analytics and visualisation software (39 per cent) was the highest ranked. This is the second consecutive year this technology has topped the list. Business intelligence software (34 per cent) and cybersecurity software (29 per cent) were also top priorities.

“Data is the foundation of the digital economy. It’s positive to see so many companies enthusiastic about using and analysing data to gain valuable insights and assist in decision-making. Cybersecurity is also on their radar, as many are taking measures to protect their data assets,” Chan said.

However, the survey found a technology adoption gap among Mainland Chinese companies of different sizes. Over 30 per cent of respondents from small and medium-sized enterprises (SMEs) do not have a digital transformation strategy, compared to only 11 per cent of respondents from larger companies. Fourteen per cent of surveyed respondents working in SMEs said their company will not increase the use of any technologies in the next 12 months compared to only four per cent of respondents from large companies.

“There is a digital chasm between large companies and SMEs,” said Collin Jin FCPA (Aust.), Member of CPA Australia’s East and Central China Committee.

“SMEs are the backbone of the Chinese economy and supporting them to adopt the right technologies and turn investments into return is critical. We appreciate government’s policy support such as R&D tax incentives and VAT credit refund programs for SMEs which may encourage them to continue their investment in digitalisation. We recommend SMEs consider looking at low-hanging technologies in the market, such as intelligent automation and SaaS applications,” Jin said.

As China’s digital economy matures, enterprises are facing new challenges. The survey shows that complex legacy systems (37 per cent), financial costs and low return on investment (34 per cent) and poor data quality (31 per cent) are the key barriers to technology adoption in Mainland China.

“The percentage of Mainland Chinese respondents identifying complex legacy system and poor data quality as key barriers to technology adoption is noticeably higher than the survey average. This implies that while many businesses have started their journey of digitalisation, older systems may be a hindrance to the collection of quality data and to the adoption of advanced technologies,” Jin said.

“To address these challenges companies should regularly review their IT infrastructure and systems to ensure they meet internal and external requirements. When updating systems or software, it’s better to select appropriate technologies to align with the company’s long-term goals.”

“To improve data quality, we recommend companies establish an effective data governance mechanism and framework. Companies need to ensure they can accumulate and collect relevant data across different departments in an efficient and collaborative manner while meeting compliance requirements. This means companies need to put in place comprehensive and practical data policies and procedures for employees.”

Download CPA Australia’s Business Technology Report 2022 (English only)

Hashtag: #CPAAustralia

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

About CPA Australia

CPA Australia is one of the largest professional accounting bodies in the world, with more than 170,000 members in over 100 countries and regions, including more than 22,200 members in Greater China. We have offices in Beijing, Shanghai and Guangzhou. CPA Australia provides thought leadership on local, national and international issues affecting the accounting profession and public interest. We engage with governments, regulators and industries to advocate policies that stimulate sustainable economic growth and have positive business and public outcomes. Find out more at

Best Mart 360 Holdings Limited, to introduce Hoi Tung Trading Company Limited as major shareholder

HONG KONG SAR – Media OutReach24 August 2022 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leisure food retailer in Hong Kong, announced that Mr. Lin Tsz Fung and Ms. Hui Ngai Fan entered into a memorandum of understanding ( the “MOU”) with China Merchants Hoi Tung Trading Company Limited (the “ China Merchants Hoi Tung Trading”), in relation to the possible sale and purchase of the Shares. Pursuant to the MOU, China Merchants Hoi Tung Trading intends to purchase 490,000,000 Shares in aggregate, representing 49% of the total issued Shares.

China Merchants Hoi Tung Trading is a wholly-owned subsidiary of China Merchants Group Limited and is a comprehensive trading company covering food, transportation, and commodity, with subsidiaries in 10 cities in China and 7 branches overseas.

Hashtag: #BestMart360

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

About Best Mart 360 Holdings Limited

Best Mart 360 Holdings Limited operates chain retail stores under the brand “Best Mart 360˚”, offering wide selection of imported and pre-packaged leisure foods and other grocery products principally from overseas. It is the Group’s business objective to offer “Best Quality” and “Best Price” products to customers through continuous efforts on global procurement with a mission to provide comfortable shopping environment and pleasurable shopping experience to customers. As at 31 March 2022, the Group operated a total of 138 chain retail stores, spanning strategic locations with heavy pedestrian flow in Hong Kong, Macau and Shenzhen. Among the chain retail stores, the global gourmet brand “FoodVille” launched in September 2021 is also included, targeting the medium-to-high-end-market.