The world is dealing with talent shortages. So too is Hong Kong. The Hong Kong General Chamber of Commerce’s (HKGCC) Talent Shortage Survey 2023 found that 74% of Hong Kong employers are struggling with talent shortages where 61% have been suffering from this issue for up to three years. The factors that respondents blamed the […]
What is ESG? ESG refers to a set of Environmental, Social and Governance standards that investors and stakeholders use to evaluate and select investments. Over the last decade, ESG has become a top priority topic in boardrooms, C-suite executives have been seeking an effective way to embed ESG factors into their decision-making process. As Hong […]
Why is Digital Transformation imperative for a company’s future success? Digital transformation is the process of integrating digital technologies into all aspects of a business to drive fundamental change in operations, culture and customer experiences. Over the past decade, Many organizations have realized the importance of digital transformation as the Internet of Things (IoT) – […]
World leaders have adopted the 2030 Agenda for Sustainable Development and seventeen Sustainable Development Goals (SDGs) to tackle climate change, fight inequality and wipe out poverty. As one of the world’s largest economies, China has also announced its environmental sustainability targets to peak its CO2 emissions until 2030 and become carbon neutral by 2060. The […]
The trend of digital innovation and technological development have been shaping the future of the business world, and the property management sector is, undoubtedly, no exception. As today’s business world runs on technology, many property management companies keep a laser focus on emerging technologies, looking for effective ways such as automation and digitization to future-proof […]
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) promotes closer cooperation and coordination between eleven cities – nine cities alongside two Special Administrative Regions, among which Hong Kong, Macao, Guangzhou, Shenzhen – the four core cities – serve as core engines to drive the GBA’s development. It is one of China’s major initiatives aimed at making […]
Managing commercial leases is never easy. Under the updated lease accounting rules, lease management, also referred to as lease administration, has an impact – that is much more significant than before – on the financial reporting and bottom line of a company. For the commercial real estate sector, regardless of the number of commercial leases […]
Environmental, Social and Governance (ESG) factors have become key considerations for stakeholders and shareholders alike to evaluate an organization’s environmental and social impact, as well as its sustainability and value. 86% of investors believe that a focus on ESG in business strategy helps drive long-term shareholder value, according to a report by PwC. As ESG […]
Corporations across property and real estate industries are looking for opportunities to propel themselves forwards, even if that means entering or more strongly leveraging adjacent industries. Connectivity The power of connectivity between well-established corporations is today under-emphasized. It is in fact a very relevant and significant material driver in powering meaningful digital enablement. To some […]
Accelerating into 2023 we all recognize that latest digital technologies enable positive change, but moving forwards we are all going to have to think and act differently to make an impact. Simply put, every employee will play an increasingly visible role in helping their company outperform against the current challenging economic headwinds, with demarcation lines […]