Asian clearing house enters global strategic alliance

PUBLISHED : Friday, 09 October, 1998, 12:00am
UPDATED : Friday, 09 October, 1998, 12:00am

The Asian Benchmarking Clearinghouse (ABC) - officially launched yesterday - has signed a global strategic alliance with two international benchmarking organisations. The deal is the first global benchmarking alliance.


The ABC is teaming up with the American Productivity & Quality Centre and the Australia Quality Centre.


Hong Kong Productivity Council (HKPC) executive director Thomas Tang would not say yesterday how much had been invested in the ABC, saying only that 'the largest amount used was in the establishment of the database system'.


Hong Kong will now have two benchmarking-service providers: the other is the Hong Kong Benchmarking Clearinghouse (HBC), which has been operating for four years and has 30 members, including the HKPC and the Hong Kong Tourist Association.


HBC director Sidney Yuen Tat-man yesterday said the HBC was talking to the HKPC about collaborating together.


'We are still negotiating, but we haven't come up with anything solid yet,' Mr Yuen said.


Though the HBC's first priority was to serve local companies, Mr Yuen said it had recently been approached by a Singapore company wanting to distribute HBC's monthly magazine, Best Practices Management, in Singapore.