Chamber News & Policy Work 2023

The Chamber works closely with business bodies and government to facilitate business opportunities on behalf of our members. We seek to further enhance Hong Kong’s standing and effectiveness as an international business centre.

We are also pleased to share our Policy Brochure which showcases our policy and advocacy work over the past three years. This is a collective effort by all our members and illustrates our commitment to supporting business in Hong Kong. We will continue to work with our members and through our diverse and well-connected community, further their business interests in Hong Kong and thereby promote Hong Kong as a place to live and do business.

Policy Brochure

The British Chamber of Commerce in Hong Kong Appointment of Executive Director


The British Chamber of Commerce in Hong Kong (BritCham) is delighted to announce the appointment of Paul McComb as its Executive Director, effective 1 June 2023. Paul McComb succeeds David Graham who is retiring from the Chamber. We would like to thank David for his contribution to the Chamber over the last three years and to wish him well for the future.

Anne Kerr, Chair of BritCham, said: "I am really delighted Paul is joining the Chamber and returning to Hong Kong. He will bring insights and understanding of trade and development from many perspectives, and of course will be able to reconnect quickly with Hong Kong business. As Hong Kong bounces back, we need energy, vitality, creativity and a positive look ahead, and I am confident Paul will bring such attributes to the role."

Paul McComb said: “The British Chamber of Commerce in Hong Kong is one of the most respected business representative organisations in Hong Kong. It is my privilege to work with Dr Anne Kerr and the General Committee to deliver the Chamber’s mission for its members. As Hong Kong bounces back, I relish the opportunity to get out and find out what the Chambers’ members need to further their ambitions and reinvigorate their commercial relationships.”

Click here to read the full press release.


Letter to HKEX regarding Core Climate, Hong Kong's International Carbon Marketplace


On behalf of our members, the Chamber sent the following letter to the Hong Kong International Carbon Market Council regarding the development of Hong Kong's international voluntary carbon market, drawing on the insights and experiences across many sectors. While the Council is represented by banks and larger corporates, our members posed some questions based on the existing framework of the Core Climate Initiative and called for greater clarity. 

Click here to read the Chamber's letter. 


The Chamber sends a comment letter on the proposed amendments to IAS 12 in the IASB Exposure Draft: International Tax Reform - Pillar Two Model Rules


The Chamber writes to the International Accounting Standards Board (IASB) in response to the proposed amendments to IAS 12 Income Taxes in the Exposure Draft International Tax Reform - Pillar Two Model Rules. We expressed our concerns about the potential implications in implementing the draft rules and urged the IASB to provide greater clarity on the proposed amendments in the Exposure Draft.

Click here to read the Chamber's comment letter. 


The Chamber submits response to the Government's public consultation on Strategic Studies on Railway and Major Roads beyond 2030


In response to the Government's public consultation on Strategic Studies on Railways and Major Roads beyond 2030, the Chamber submitted a document to comment on the consultation paper and provide their views on seven specific areas, including:

  • Effectiveness in rail and road alignment
  • Diversion effects
  • Intermediate rail stations along routes
  • Road interchanges, exits and entrances
  • Infrastructure-led economic development
  • Land resumption and temporary traffic diversion
  • Financing railway projects

Click here to the Chamber's full response to the consultation paper.


2023 British Chamber Policy and Budget Address Matching and Highlights


Following the Budget Address on Wednesday 22 February, the Chamber has updated its Policy Matching Document which we prepared after the Policy Address to include relevant items from the Budget. We are particularly pleased to note that the following recommendations we made in our previous submissions are reflected in the Budget:

  • Post-pandemic support schemes for businesses and the public, for example, giving out further consumption vouchers, and extending guarantee schemes for SMEs
  • The commitment and plans of the Government to promote Hong Kong, for example, participating in international events, and hosting major sporting, art and cultural events.
  • Various financial and non-financial measures for attracting and retaining talent and investment.
  • More plans for adopting public-private partnerships (PPPs) and enhancing Government outreach programmes.
  • Steps to carbon neutrality and sustainable finance
  • Strategic planning on ports, transport and logistics
  • Promotion of R&D activities, I&T development and Hong Kong as a smart city.

Click here to view our full Policy and Budget Matching document 2023.


The Chamber meets with Mr Tommy Yuen, JP, Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area


The Chamber was delighted to have a very constructive meeting with the GBA Commissioner, Mr. Tommy Yuen, and his colleagues, Mr, Ricky Cheng and Miss Suki Wang last week. In 2020, the Chamber wrote two submission papers to the Bureau about various initiatives around the development of the GBA. With Hong Kong’s recent announcements on full border reopening with the Mainland and the world, our members are optimistic about the GBA prospects and Hong Kong’s future. We were glad to hear that the GBA Commissioner and his office is proactively coordinating and promoting Hong Kong’s role in the GBA. The Chamber expressed its interest and will stand ready to work with the Commissioner and the Bureau and to spread further positive messages to the local and overseas business community.