Hong Kong Update
 Hong Kong Economic and Trade Office - Canada  

Spring 2009 Issue_

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International Community Grows in Hong Kong
InvestHK welcomes the establishment of Fuel Espresso's coffee barHong Kong's international business community continues to welcome newcomers from a variety of industries from around the world.

From New Zealand comes the luxury coffee shop Fuel Espresso, which opened its first location in the International Finance Centre Mall in Central. The shop targets coffee lovers who savour exquisite coffee and fashionable Italian style. Founder Mr. Sanjay Ponnapa said the company had chosen Hong Kong for its first overseas presence because of its cosmopolitan food culture, proximity to Mainland China and its growing role as a trendsetter in the region.

InvestHK presents a commemorative souvenir to Meridian International Marketing (Asia)British firm Meridian International Marketing (Asia) Limited took advantage of the opportunities offered by the Closer Economic Partnership Arrangement (CEPA), a WTO-plus free trade agreement between Hong Kong and Mainland China, by launching its services in Hong Kong. The company's Managing Director, Mr. Brian McLean, described Hong Kong as the ideal location: "a central hub between the Eastern and Western world."

InvestHK welcomes the establishment of ecruising Asia Pacific LimitedJapan's oldest auction house, Est-Ouest Auctions, established a presence in Hong Kong with the launch of a Hong Kong auction series in November. As the first Japanese auction house to hold sales in Hong Kong, Est-Ouest plans to, through Hong Kong, further develop the company's international reach and "help promote Japanese art and culture to other parts of the region," said the company's President, Mr. Takashi Seki.

Showroom Manager of lululemon athletica, Mr Victor Chan introduces the technical fabrics and functional designs of lululemon's yoga clothingThe Australian online cruise travel agency, ecruising Asia Pacific Limited, has opened regional headquarters in Hong Kong. Founder and General Manager of ecruising Asia Pacific Limited, Mr. Brett Dudley, said, "ecruising chose Hong Kong mainly due to the level of government support and the city's simple tax structure, central location in the region and the ease of doing business."

Regester Larkin, a UK crisis and issues management consultancy, has opened an Asia Pacific office in Hong Kong which will serve as a regional hub, offering a full range of consulting, analysis and training services. Describing this as a major step in the company expansion, founder Mr. Mike Regester said, "We are looking forward to working more intensively in Hong Kong and the rest of Asia Pacific."

Yoga-inspired Canadian athletic apparel company, lululemon athletica, has opened its first Asia-Pacific retail showroom in Hong Kong, a latest addition to its 90 locations across North America and Australia. The new showroom will be a hub for the Hong Kong health and fitness community, as well as a regional hub covering Japan and the Greater China markets.


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