HKT plays a role in the Asian Financial Forum2018-01-25 -HONG KONG -2018 Asian Financial Forum
Close to 100 financial policymakers, economists and financial experts from around the world converged on the 11th Asian Financial Forum (AFF), organised by the HKSAR Government and Hong Kong Trade Development Council (HKTDC) mid-January to discuss economic issues.The forum was staged at the Hong Kong Convention and Exhibition Center under the banner "Steering Growth and Pioneering Innovation: Asia and Beyond" and attracted some 3,000 investors and managers from multinational enterprises, with the aim of providing insights economy and market trends.
HKT – Hong Kong's leading telecoms service provider – attended as "network partner" to equip the AFF with smooth and stable Internet access via Wi-Fi, while offering information on the one-stop services it provides in Greater China in terms of information security, network facilities management and provision of hardware.
HKSAR Chief Executive Carrie Lam and HKTDC Chairman Vincent HS Lo took part in the opening ceremony, during which Mr Lo said: "Markets have been on a bull run for a long stretch, driven by synchronized growth across trade, investment and industry.Added to this were low inflation and monetary policies that have helped businesses and investors alike, while advances in technology brought fresh impetus to growth. I believe the key to sustaining growth momentum lies in investment and innovation."
Financial policies in China have significant influence over development of the global economy and markets. In fact, a survey at the AFF identified year 2018's main growth engines as economic liberalisation and structural reform (32%) and the Belt and Road Initiative (19%).
("Business Transformation along Your Belt and Road Journey" workshop)
HKT joined PwC, Mass Mutual Asia and Creative Virtual at a workshop entitled "Business Transformation along Your Belt and Road Journey" to explore business opportunities and the trend of informatisation arising from the PRC government's Belt and Road Initiative. The workshop discussed how enterprises could accelerate expansion overseas markets and mainland China via business transformation and utilizing services offered by IT and telecommunications providers.
PwC's One Belt One Road Leader, Gabriel Wong, highlighted "reform" as a strategy that would help enterprises differentiate themselves from competitors, while Björn Gülsdorff, Creative Virtual's Chief Business Development Officer, told how artificial intelligence could facilitate development of nations along the Belt and Road route. The workshop also heard from Daryl Cheng, Senior Vice President of Management Information Systems at Mass Mutual Asia Ltd, who said digitalization had become a common trend across all industries. It also came to light that HKT's network facilities management solution helped Mass Mutual Asia in centralizing operations and management, while ensuring network security and connectivity to major cloud platforms for secure data back-up.
(Delegates learn about advanced products and services offered by HKT)
About the Asian Financial Forum
The Asian Financial Forum (AFF) brings together some of the most influential members of the global financial and business community to discuss developments and trends in Asia's dynamic markets. The AFF provides a high-level platform on which policymakers and financial and business leaders can discuss how to utilize technology and innovation to drive economic growth in Asia and beyond.