For Immediate Release
Aron Harilela, Chairman and CEO of Hari Harilela Ltd, has been re-elected Chairman of the Hong Kong General Chamber of Commerce (HKGCC) for the coming year. Harilela said he was honoured to have been re-elected, and pledged to continue to work on improving Hong Kong’s business environment.
Speaking at a press conference before the Annual General Meeting, Harilela said Hong Kong’s business environment faces a number of challenges.
On the Sino-U.S. trade war, he said the direct impact on Hong Kong’s real economy has so far been limited. “Re-exports that were directly affected by the additional tariffs accounted for 4-5% of the total re-exports of Hong Kong. That said, our economy is weakening as it grew a mere 0.6% in the first quarter of this year, due to weaker domestic and external demand. In addition to the uncertainty created by Mr Trump, the uncertainty of Brexit is also weighing on business sentiment across the globe.”
Chamber CEO Shirley Yuen highlighted the need to address regulatory bottlenecks and outdated regulations to improve the business environment. “We have been lobbying the Government to include regulatory impact assessments into the policy-making process,” she said. “If we are to advance Hong Kong’s role as a regional headquarters, and also in the Greater Bay Area plan, we need to urgently address these regulatory hurdles.”
The election was held at the inaugural meeting of the General Committee immediately after the HKGCC’s Annual General Meeting on the evening of 31 May. Peter Wong, Deputy Chairman and Chief Executive of the Hongkong and Shanghai Banking Corporation Limited, was re-elected as Deputy Chairman.
Victor Li, Chairman and Managing Director of CK Asset Holdings Limited; John Slosar, Chairman of Cathay Pacific Airways Ltd; and Leland Sun, Managing Director of Pan Asian Mortgage Co Ltd., were re-elected as Vice Chairmen.
At the Annual General Meeting, members elected a total of six members to fill the seats on the General Committee – the governing body of the Chamber – who were required to step down this year. All six of them were re-elected: Victor Li, John Slosar, Leland Sun, Peter Wong, Edmond Yue and Betty Yuen.
Following is a full list of the Chamber’s General Committee members.
Chairman: Aron Harilela
Deputy Chairman: Peter Wong
Vice Chairmen: Victor Li, John Slosar, Leland Sun
Legco Representative: Jeffrey Lam
General Committee Members:
Nicholas Brooke, Agnes Chan, Jennifer Chan, Oscar Chow, Allen Fung, Gao Yingxin, Stanley Hui, Benjamin Hung, Jacob Kam, Ronald Lee, David Lie, YK Pang, Neville Shroff, Douglas Woo, Emil Yu, Yu Pang Chun, Edmond Yue, Betty Yuen and Allan Zeman
Photo 1: General Committee
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