The Times Australia
News From Asia

.

Business Platform edge Collaborates with Digital Leaders to Propel Hong Kong Enterprises into the ASEAN Market

HONG KONG SAR - Media OutReach Newswire - 2 December 2024 - The "Building Your Edges: Tech-Forward Ventures in ASEAN" summit, hosted by edge Summit in collaboration with Oracle NetSuite and ONE Pacific, with support from Cyberport and Gobi Partners, explored how Hong Kong businesses can leverage contemporary cloud ERP systems, startup support initiatives, and venture capital opportunities to expand into the ASEAN market, facilitating growth, expansion, and adaptability.



The “Building Your Edges: Tech-Forward Ventures in ASEAN” summit, hosted by edge Summit in collaboration with Oracle NetSuite and ONE Pacific, with support from Cyberport and Gobi Partners
The “Building Your Edges: Tech-Forward Ventures in ASEAN” summit, hosted by edge Summit in collaboration with Oracle NetSuite and ONE Pacific, with support from Cyberport and Gobi Partners

The summit attracted professionals from various sectors, including e-commerce executives, members of the SME Association, startup consultants, technology entrepreneurs, and marketing experts, all keenly interested in the prospects of "expanding into ASEAN."

ONE Pacific celebrated its recognition as one of the few global firms and the first in Hong Kong to receive the "Expertise in ERP" certification from Oracle NetSuite. Mr. Herman Yong, Director of ONE Pacific, stated, "Our clients from Hong Kong, mainland China, Europe and the United States have been actively expanding into ASEAN and even globally in recent years. Whether through acquisition models or the replication of subsidiary operations, achieving high transparency and efficiency in overseas group management based in Hong Kong—covering financial, revenue, fixed asset, and tax management—requires partnering with experienced professional consultants. This collaboration must extend from management to frontline teams, all implementing the same cloud ERP digital strategy. Oracle NetSuite's efficient solutions enable rapid deployment and the achievement of ambitious growth targets."

Additionally, Mr. Fred Li, Senior Executive Director at Gobi Partners, shared insights from six talks he delivered in just one month on the topic of business expansion. He emphasized that this theme represents a new paradigm in the strategic development of Chinese technology companies. In recent years, companies such as Fano Labs, WeLab, and Anker have successfully expanded into the region, setting important precedents for Bay Area enterprises venturing abroad.

Mr. Edmond Lau, Chief Financial Officer of Cyberport, provided another perspective, highlighting that Cyberport currently offers a comprehensive startup support programme, including funding of up to HKD 1.1 million and two years of free office space during the incubation period. Through a vast support network, Cyberport assists startups in achieving business goals, securing funding, obtaining critical technological support, and expanding into overseas markets, thereby accelerating their development. Nearly 600 startup projects have benefited from the "Cyberport Accelerator Support Programme" and the "Overseas/ Mainland Market Development Support Scheme" (MDSS). Furthermore, Cyberport is actively expanding its ASEAN network, inviting industry professionals familiar with the Indonesian, Thai, and Malaysian markets to serve as "Ambassadors", helping startups connect with local markets and access additional resources, strengthening the foundation for their overseas expansion. WeLab, for example, is an excellent example of a Cyberport enterprise successfully establishing itself in the ASEAN market.

As the demand for ASEAN expansion continues to grow, edge Summit is committed to organising more events that bring together industry leaders and experts to share their insights and experiences, empowering Hong Kong enterprises to thrive in the ASEAN market.
Hashtag: #edgeSummit #ASEAN



The issuer is solely responsible for the content of this announcement.

edge Summit

edge Summit is dedicated to facilitating the expansion of Hong Kong and Greater Bay Area enterprises into Indonesia, providing a platform for networking and business connections to help companies seize opportunities in the dynamic Indonesian market and solidify their presence in the ASEAN region.

Times Magazine

Building a Strong Online Presence with Katoomba Web Design

Katoomba web design is more than just creating a website that looks good—it’s about building an online presence that reflects your brand, engages your audience, and drives results. For local businesses in the Blue Mountains, a well-designed website a...

September Sunset Polo

International Polo Tour To Bridge Historic Sport, Life-Changing Philanthropy, and Breath-Taking Beauty On Saturday, September 6th, history will be made as the International Polo Tour (IPT), a sports leader headquartered here in South Florida...

5 Ways Microsoft Fabric Simplifies Your Data Analytics Workflow

In today's data-driven world, businesses are constantly seeking ways to streamline their data analytics processes. The sheer volume and complexity of data can be overwhelming, often leading to bottlenecks and inefficiencies. Enter the innovative da...

7 Questions to Ask Before You Sign IT Support Companies in Sydney

Choosing an IT partner can feel like buying an insurance policy you hope you never need. The right choice keeps your team productive, your data safe, and your budget predictable. The wrong choice shows up as slow tickets, surprise bills, and risky sh...

Choosing the Right Legal Aid Lawyer in Sutherland Shire: Key Considerations

Legal aid services play an essential role in ensuring access to justice for all. For people in the Sutherland Shire who may not have the financial means to pay for private legal assistance, legal aid ensures that everyone has access to representa...

Watercolor vs. Oil vs. Digital: Which Medium Fits Your Pet's Personality?

When it comes to immortalizing your pet’s unique personality in art, choosing the right medium is essential. Each artistic medium, whether watercolor, oil, or digital, has distinct qualities that can bring out the spirit of your furry friend in dif...

The Times Features

NSW has a new fashion sector strategy – but a sustainable industry needs a federally legislated response

The New South Wales government recently announced the launch of the NSW Fashion Sector Strategy, 2025–28[1]. The strategy, developed in partnership with the Australian Fashion ...

From Garden to Gift: Why Roses Make the Perfect Present

Think back to the last time you gave or received flowers. Chances are, roses were part of the bunch, or maybe they were the whole bunch.   Roses tend to leave an impression. Even ...

Do I have insomnia? 5 reasons why you might not

Even a single night of sleep trouble can feel distressing and lonely. You toss and turn, stare at the ceiling, and wonder how you’ll cope tomorrow. No wonder many people star...

Wedding Photography Trends You Need to Know (Before You Regret Your Album)

Your wedding album should be a timeless keepsake, not something you cringe at years later. Trends may come and go, but choosing the right wedding photography approach ensures your ...

Can you say no to your doctor using an AI scribe?

Doctors’ offices were once private. But increasingly, artificial intelligence (AI) scribes (also known as digital scribes) are listening in. These tools can record and trans...

There’s a new vaccine for pneumococcal disease in Australia. Here’s what to know

The Australian government announced last week there’s a new vaccine[1] for pneumococcal disease on the National Immunisation Program for all children. This vaccine replaces pr...