Australia-based Inside Retail announced today (August 18) that it has recently established a regional base in Hong Kong amid ongoing expansion to extend its operations throughout the Asia-Pacific region.
 
     The media company is owned by Octomedia, which has over 44 years of experience in publishing a series of online and printed business-to-business titles covering areas ranging from retail to small businesses and e-commerce industries. The General Manager of Inside Retail Hong Kong, Mr Jasper Chung, said that subscriptions in Hong Kong had been rising steadily. The physical presence of Inside Retail in Hong Kong demonstrates the company’s faith in the city’s status as Asia’s leading retail and media hub.
 
     Mr Chung said, “Hong Kong is at the centre of Asia, is the important gateway to the Mainland and connects with many other regional markets. Its geographical advantage befits our global expansion plan in terms of extending our brand across the Asia-Pacific region.”
 
     He added that apart from enhancing the Hong Kong reporting team and online portal as well as publishing a quarterly retail magazine, the new office is also planning a series of value-added activities including global industry seminars and executive workshops.
 
     “We are planning a number of initiatives in order to further expand our business in the region via Hong Kong. We are organising, for example, the Inside Retail Academy seminar later this year as well as a delegation to attend the Inside Retail Live conference in Sydney in 2017,” he said.
 
     Associate Director-General of Investment Promotion Dr Jimmy Chiang welcomed Inside Retail setting up its regional headquarters in Hong Kong and said, “The new office of Inside Retail Hong Kong will certainly bring greater content to retailers, and as the company diversifies into events and seminars it will offer a very useful interactive platform for industry leaders to share experiences. We wish it every success in Hong Kong and look forward to its continual expansion in the Asia-Pacific region.”
 
About Octomedia
 
     Established in 1972, Octomedia is one of Australia's premier business-to-business publishers, holding titles across a variety of business verticals including retail (Inside Retail), small business (Inside Small Business), associations and not for profits (Third Sector), fast-moving consumer goods (Inside FMCG), and e-commerce and online retail (Internet Retailing). As of today, there are Inside Retail titles represented in New Zealand, Singapore, the Philippines, Thailand and Hong Kong. For more information, please visit www.insideretail.hk.
 
About Invest Hong Kong
 
     Invest Hong Kong (InvestHK) is the department of the Hong Kong Special Administrative Region Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong’s vibrant economy. As of December 2015, InvestHK had assisted over 3 820 companies which have created more than 41 200 new jobs in the first year of operation or expansion and over HK$101 billion of investment. For more information, please visit www.investhk.gov.hk.
   
     For event photos, please visit www.flickr.com/photos/investhk/albums/72157669461452344.

Ends/Thursday, August 18, 2016
Issued at HKT 11:25

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