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The ongoing Covid-19 pandemic has been affecting the global economy for nearly two years. Although the world economy did not fall into recession, many businesses are operating at a faltering pace. Besides, due to the current strained international trade relations and the ever changing political and foreign policy preferences of different countries, many corporations are forced to increase their investment costs on market intelligences and risk management for the purpose of making right decisions and staying competitive in this challenging business environment. According to iQor RMS Collectability Index for the first half of 2021, the repayment ability of companies continues to show a downward trend across 18 major industries worldwide. Overall, the global economic outlook is still considering as "extremely high uncertain" when economic activities are closely engaged with the development of the pandemic.

In this seminar, speakers will explain how to use reliable data to make accurate judgments and prevent different types of business risks in an era of information overload. They will also explore how to use DnB Hong Kong's commercial credit database data, such as shipping data, on risk management and to find business opportunities. Furthermore, through iQor RMS Big Data Analytics of global debt collectability and trends, speakers will provide companies with risk prevention and market trends, and explore the strategies on debt recovery management for international trade.

Outline:
1. Risks in business world
    - Fraud, credit risk, supplier risk, cyber risk, and third-party risk
2. How can data set be used on risk prevention? The following data element will be elaborated:
    - Entity data
    - Firmographic data
    - Trade data
    - Litigation data
    - Family tree/ UBO (Ultimate Beneficial Owner) data
    - Financial data
    - Shipping data
3. Application and case sharing of the above data sets
4. iQor RMS Collectability Index of 18 major industries around the world – 2021 first half-year
5. iQor RMS big data analysis of global debt collectability and trend
6. Effective debt recovery processes, practices and techniques

Coronavirus Containment Measure:
- To prevent the spread of Covid-19, we kindly ask that all event participants wear a mask when attending the event
- To minimise the risk of spreading the coronavirus, if you or a family member has been overseas within 14 days of this event, then we kindly request that you do not attend.
- To prevent the spread of Covid-19, food and beverages will not be provided during the event
- Chamber staff will be conducting temperature checks at the premises.

DISCLAIMER
Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.

Speaker(s)

Norris Chan, Senior Consultant ‒ Receivable Management Services (HK) Ltd

Norris Chan has over 30 years of hands-on experience in the debt collection industry. As a veteran debt receivable practitioner, Chan and his team have managed portfolios exceeding billions of US dollars. He is a popular speaker and has conducted over a thousand seminars in Greater China.

 

Hugo Ng, Asia-Pacific Leader, Data ‒ Dun and Bradstreet (HK) Ltd

Hugo Ng is passionate about data and has deep insights on data. He has extensive experiences in data management, business management and process, including sales, corporate development, operations, marketing, professional services, business strategy and product development.

 

Language Cantonese
Date and Time 2021/11/18 15:00 to 17:30
Venue Chamber Theatre, 22/F United Centre
Media Closed to media
Enquiries Cathy Chan
Tel: 2823 1282
Email: cathy@chamber.org.hk
Fee Members @ HK$380 / Non-Members @ HK$770
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 7 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.
- Participants agree to indemnify the Chamber and the hosting party all liabilities for property damage, physical injury or death in relation to this event. Participants are advised to take their own insurance against all risks.

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