Cathay Pacific commits to net-zero carbon emissions by 2050

Posted Posted in Business, Hong Kong

On 21 May 2021, The Cathay Pacific Group announced that they aim to achieve net-zero carbon emission on their Sustainable Development Report 2020. This is one of the first Asian aviation companies marking their timeline in reducing carbon emissions. Cathay Pacific will purchase 1.1 million tonnes of Sustainable Aviation Fuel from 2023 onward. They already […]

EU Tax Reform is Coming

Posted Posted in Business

On 18 May 2021, European Commission published a communication to the European Parliament and the Council. It is “Business Taxation for the 21st Century.” The aim of the tax reform is to sync the tax system with the current digital international business realities. Thus, the communication proposes a single corporate tax rulebook for the whole […]

Updates on Value-added tax in Europe

Posted Posted in Business

After a European Court of Justice (ECJ) judge on a legal case on the Value-added tax (VAT), the practice of VAT in Belgium and Luxembourg are widened. The ECJ judgement confirms that taxable transactions performed by a non-Belgian established head office to its Belgian branch which is part of a Belgian VAT group, or vice […]

BLCC Edition #5 Digital Magazine Released!

Posted Posted in Chamber

With great enthusiasm we announce the newest edition (#5) of our BLCC Digital Magazine!Filled with insightful articles and interviews about the Belgium-Luxembourg business community and Hong Kong business environments. A platform for members to share and gather information. Some key topics of this 5th Edition are: Happy CNY from Consuls-General Mr Robberecht & Mr Hieff; […]

BLCC Edition #4 Digital Magazine Released!

Posted Posted in Chamber

We are very pleased to present the fourth edition of the BLCC Digital Magazine! Filled with insightful articles and interviews about the Belgium-Luxembourg business community and Hong Kong business environments. A platform for members to share and gather information. Some key contents of this 4th Edition are: Interviews with our Member Serge Nelles & Director […]