Business

Greetings from JHSSR, and hello from sodden Malaysia, Horizon is proud to announce the highly acclaimed publication of the latest issue of 2022, Vol.4, Issue 2 (Dec. 2022). The issue is now live at the Journal’s webpage. You may explore our range of contributions within this Issue. Explore this issue, click the links below.

The National Health Innovation Centre, Singapore (NHIC) has launched a Clinical Innovation and Adoption Initiative to nurture promising healthtech projects for adoption and scaling across healthcare clusters in Singapore.

The Malaysia Technology Expo (MTE) 2022: SDG International Innovation Awards & Expo (SDGIIAE) returns for its 2nd edition and the awards encourage the development of innovative solutions for local and global challenges.

The project will apply Indonesia’s Institut Teknologi Bandung's (ITB) specialized expertise in chemical reaction engineering to probe optimization of ammonia firing. Target set on achieving cleaner power generation in Indonesia, based on demonstration testing with H-25 gas turbine.

- Proposing a new decision-making model that adds ‘open innovation,’ the main topic of the 21st century economy, to the existing limited rationality model - Expected to present a practical way to overcome the growth limitations of the modern economic system.

Punctuated equilibrium theory (PET) makes broad reference to the bureaucratic procedures that regulate budgetary decision-making and makes reasonable assumptions about the influence of these procedures on resource allocation. However, little is known about how the specific mechanisms work. A research led by Dr Xiao Hanyu, Assistant Professor at the Department of Asian and Policy Studies, The Education University of Hong Kong, examined how budgetary output patterns may be influenced by the strategic fiscal choices of governments. It explored how fiscal policymaking and fiscal management affect budgetary output to stimulate new ideas on how fiscal processes may work within the political structure to influence budgetary output patterns and the setting of policy agendas.

A special issue of Horizon Journal of Humanities & Social Sciences Research (JHSSR Vol.4 (S) Oct. 20212) is now published. This issue includes papers on the Covid-19 pandemic, developments in business and digital practices, changes in social media behavior in South Asia.

New research shows that consumers are willing to pay extra for products that give them more to feel.

A recent study “Hong Kong residents’ view on reopening land borders with Mainland” conducted by the Institute of Policy Studies (IPS) at Lingnan University (LU) shows that Hong Kong citizens are greatly affected by the current quarantine measures implemented by the Mainland government for inbound travellers. Nearly 65 per cent of respondents said their income has been reduced, 70 per cent found their jobs were affected, and 30 per cent have lost their jobs. 70 per cent of respondents hope that the government will provide medical subsidies and telemedicine services for citizens stranded on the Mainland, and 65 percent said they would be happier with the government if there were quarantine-free travel to the Mainland.

The quest for the ideal COVID-19 policies to contain outbreaks without border closures that harm the travel industry led researchers to one protocol.

In celebrating the 25th Anniversary of Hong Kong’s return to China, the Hong Kong Institute of Business Studies (HKIBS) of Lingnan University (LU) in Hong Kong launched the first-ever “Hong Kong – Chinese Mainland Economic Integration Index (1990-2019)”. Drawing from the literature on economic integration, the research team used archival data from various sources between 1990 and 2019 to construct a comprehensive index of economic integration. The results indicate that the two economies have become highly integrated and interdependent over time. The findings reveal the positive effect of economic integration on the Hong Kong economy, while highlighting significant challenges to economic development and governance in the SAR.

Lingnan’s Team 404, with members (pictured, from left) Lau Lok-tin (Year 3 BBA-Finance), Lee Cheuk-wun (Year 4 BBA-Human Resource Management), Chong Yuen-yau (Year 3 BBA-Human Resource Management) and Aaron Cheuk Hiu-fung (Year 3 BBA-Marketing), has won the Global Business Challenge 2022 (North Asia).

New research reveals what kind of employees headhunters contact, how they find them, and why relying on them to fill vacancies can drive up resignations.

Helping solve social and global environment issues with agriculture, forestry, and oceanography research combined with the latest technologies

Asia Research News monitors the latest research news in Asia. Some highlights that caught our attention this week are a nose to sniff out Parkinson's, the end of foggy glasses, and hidden salt in some medications.

Low volcanic temperature ushered in global cooling and thriving dinosaurs, Broccoli compound induces cell death in yeast, A single molecule makes big splash in quantum mechanics, Dengue virus makes mosquitos bite more often, and Asia Research News: How it all began, all in the February's Editor's Choice

The size of benefits a company receives from bribing government officials is significantly correlated to the amount of bribe they pay, and how well informed people are in the bribe-taking country.

Despite enhanced trade partnerships in South Asia, intra-regional trade is far from reaching its theoretical potential. Similar production patterns and competitive sectors can be the causes. However, bilateral discussions to further lower trade costs continue. The ongoing Bangladesh-Sri Lanka discussions on a preferential trade agreement (PTA) will benefit from knowing the potential gains from reducing bilateral trade costs. In addition, knowledge of products with a higher potential for export gains will help optimise the economic benefits from a trade deal.

Sovereign debt restructuring can be pre-emptive or post-default. A default is inherently costly as it can result in a sustained loss of access to capital markets. That leaves pre-emptive restructuring when a country deems itself unable to service outstanding debt.

In a recent study steered by the Department of Marketing and International Business of Lingnan University in Hong Kong, it is found that online product reviews with mandatory disclosure of incentives provided by advertisers, in comparison with voluntary disclosure, has a positive effect on review helpfulness and sales, and is in the best interest of both sellers and consumers. Providing novel insight into the disclosure of incentives for online product reviews, these findings not only address the concerns of sellers, consumers and regulators, but have broad implications for e-marketing, consumer welfare, and public policy in the platform economy.

The proceeds will be used by SUSS NiFT towards financial inclusion for the underserved, the unbanked, and the financially disadvantaged in the region.

At the Honorary Doctorate Conferment Ceremony today (9 December), Lingnan University (LU) in Hong Kong conferred honorary doctoral degrees upon four distinguished individuals in recognition of outstanding achievements in their respective professions and valuable contributions to the well-being of society. They were Mr Norman Chan Tak-lam（陳德霖）, a prominent financial leader who received a Doctor of Business Administration, honoris causa; Ms Sylvia Chang Ai-chia （張艾嘉）, an esteemed film director who received a Doctor of Humanities, honoris causa; Prof Deane E. Neubauer, a prolific political science scholar who received a Doctor of Social Sciences, honoris causa (in absentia); and Prof Zhong Nanshan（鍾南山）, a world-renowned respiratory disease expert who received a Doctor of Science, honoris causa (in absentia).

Lingnan University (LU) in Hong Kong will confer honorary doctoral degrees upon four distinguished individuals in recognition of their outstanding achievements in their respective professions and valuable contributions to the well-being of society.

Set the stage for a path to recovery through innovations

“Speaking the same language” and careful choice of words are the key to crowdfunding success, according to a recent study conducted by the Department of Marketing and International Business of Lingnan University (LU) in Hong Kong. The study also showed the substantial power of specific words and phrases in predicting crowdfunding outcome. With crowdfunding being an increasingly popular and major source of capital for new ventures, these findings do have important implications for budding entrepreneurs as subtle nuances in word choice might mean a critical difference during the evaluation by the potential backers, and hence significantly affecting the success rate of the pitch.

The 10th edition of TechInnovation presents an array of opportunities to catalyse technology transfer and partnerships for business growth.

IPI’s flagship technology brokerage event will spotlight the latest global sustainability solutions from 28 to 30 September 2021.

Lockdowns and restricted mobility have devastated labour markets across the world. According to the International Labour Organization (ILO), the equivalent of 225 million jobs was wiped out globally due to employment and working hour losses in 2020 compared to 2019 (Q4). These working hour losses are four times higher than those experienced during the global financial crisis in 2009. The COVID-19-instigated recession has affected the quantity and the quality of jobs, with increasing levels of informal types of work with lower remuneration. Restoration of labour markets is important to minimise damage to human development and increase aggregate demand, thereby boosting economic recovery. This blog looks at why it is important to have targetted policy interventions to revive the labour market by illustrating that the impact of COVID-19 is different across occupations and industries.

The MSME sector in Sri Lanka amounts to 1.017 million establishments, employing approximately 2.25 million persons. This approximates to more than 90% of total establishments in the country and 45% of total employment.

Speakers announced for the 10th edition of IPI’s premier technology matching event