MARKET TRENDS

Given the country’s 100 million-plus population and the substantial unmet market demand, the growth prospects for housewares and home appliances are robust. Hong Kong exporters may find good opportunities by introducing new products to the home appliances market in the Philippines. They can partner with local retailers or distributors and leverage on their sales network, while creating brand awareness through social media. More

iFLYTEK, an AI products and services provider, is using Hong Kong’s international financial centre advantages in the areas of overseas investment and capital movements for international business. Given Hong Kong’s large pool of talent, it hopes to take advantage of Hong Kong’s achievements in scientific research to develop AI projects, through exchanges and cooperation with local universities and research institutions. More

Since constructing the first vessel at its shipyard in Italy in 1958, master yacht maker, Sanlorenzo, has established itself as a global leader. It has also built a strong business presence across the Asia-Pacific region which is very much anchored in Hong Kong. That history suggests it could be in pole position to capitalise on the opportunities a successful Greater Bay Area – which is steeped in sea-going history – can bring. More

With better education and health awareness, Indonesian parents are spending more on their new-borns. To enter the Indonesian market, Hong Kong suppliers are advised to provide differentiated products with clear brand positioning. They should also be aware of the Indonesian national standards for baby products, while using social media to raise brand awareness among the target consumers. More