The coming decades hold great promise for Hong Kong’s continued development as a smart and sustainable city. 5G connectivity across the territory combined with strengthened capabilities in artificial intelligence, big data, blockchain, cloud and edge computing will enable a new generation of digital-enabled urban applications. These hold the potential to bring a myriad of benefits for cities, such as reducing traffic congestion, creating more energy-efficient buildings, designing more liveable public spaces, and improving delivery of healthcare and other services. Hong…
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Issue: 015: January 2022 CHINA’S BID LIKELY TO BE DELAYED: The WTO’s Dispute Body’s agenda for this week includes China’s bid for a WTO Dispute Panel to review Australian dumping duties on stainless steel sinks, railway wheels and wind towers. It is usual for respondents to get a delay of at least a month by arguing a panel is premature. MALAYSIA RATIFIES RCEP FTA: Malaysia has become the 12th economy to ratify the RCEP FTA. The world’s largest FTA will…
By Steven Irvine – Founder, CEO & Editor ‘Week in China’ Chinese exporter decides best way forward is to buy its own container ship – Feb, 2022 (WiC 572) Loctek will purchase its own 1,800 TEU container vessel for $32.6 million https://www.weekinchina.com/2022/02/thinking-out-of-the-box-2/ Not many companies own their own cargo ships if their primary business isn’t logistics. Oil and gas giant Shell is one of the few that has ships of its own; the mining giant Glencore is another. But none…
You are invited to a Zoom webinar. When: Jan 20, 2022 11:00 AM to 12:15PM Hong Kong SAR Topic: Achieving Equitable Supply Chain Transparency Please register in advance for this webinar: https://us02web.zoom.us/webinar/register/WN_O5rbcEobSMO0PNjtCLavdA After registering, you will receive a confirmation email containing information about joining the webinar. ‘What are the challenges and priorities in 2022 to keep supplying and delivering, including emission reduction pressures?’ A PBEC hosted webinar led by our moderator Anson Bailey, who is bringing together experts and commentators…
Many of us want to live more sustainably but our actions don’t often align with our values. Cogo’s Good Impact Framework helps millions of customers understand the impact of their spending but Cogo recognises that information alone is not enough to lead to actual, sustainable behaviour change. That’s where they come in. Read the Cogo exclusive White Paper on this subject HERE
Chinese delivery companies transported 83 billion parcels last year, generating some 16 million tonnes of wastepaper and packaging. Food delivery firms handled 17.1 billion orders, generating mountains of single-use-plastics in rubbish dumps around the country. The government has been trying to curb some of the environmental impact of outflows like these, issuing more stringent rules to curtail the piling up of consumer lifestyle waste. Read the full WiC Article HERE
Collaboration between ASEAN members is key to reduce global marine plastic debris and preserve marine life. A 2015 study by US scientist Jenna Jambeck revealed six out of 11 Southeast Asian countries are among the top 20 countries to have mismanaged their plastic wastes. Indonesia ranks second, followed by the Philippines (third), Vietnam (fourth), Thailand (sixth), Malaysia (eighth) and Myanmar (17th). Their combined marine plastic pollution accounted for 1.4-3.54 million metric tonnes (MT) per year, out of 8-12 million MT…
By 2050, the world is expected to generate 3.40 billion tons of waste annually, increasing drastically from today’s 2.01 billion tons. What a Waste 2.0: A Global Snapshot of Solid Waste Management to 2050 aggregates extensive solid waste data at the national and urban levels. It estimates and projects waste generation to 2030 and 2050. Beyond the core data metrics from waste generation to disposal, the report provides information on waste management costs, revenues, and tariffs; special wastes; regulations; public…
Infrastructure Asia organised a deep dive session on the waste management sector to gather views from eight industry players on the opportunities and commercial structures for waste management solutions in Southeast Asia and ways to apply these commercial structures to develop and initiate more bankable waste management projects in Southeast Asia. There are signs of significant demand across Southeast Asia for newer waste management solutions, particularly for projects at a smaller scale. Read More HERE
Professor Chris Tucci leads the Centre for Digital Transformation at Imperial College Business School. The Centre helps businesses understand the far-reaching organisational implications of the digital revolution. From artificial intelligence (AI) to the Internet of Things to blockchain, the Centre’s work focuses on new and emerging digital technologies, and how they can be leveraged to meet both business and social objectives. PBEC’s Renee Pan interviewed Chris who shares the latest trends in digitalisation that business leaders need to know about. Using case…