The Tourism industry is an important industry in Hong Kong. Inbound and outbound tourism is the major income of Hong Kong. According to the result from the Tourism Commission‚ in 2011‚ Hong Kong received a record-high of 42 million visitors from around the world‚ a remarkable increase of 16.4% over 2010. It is also the first time that the number of arrivals surpassed the 40 million mark. The appreciation of most major currencies against Hong Kong dollar and the improving travel sentiment have fueled
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Insider dealing in Hong Kong Although insider dealing has been a criminal offence under section 291 of Chapter 571‚ Securities and Futures Ordinance (SFO) in Hong Kong since 2003‚ the Securities and Futures Commission (SFC) was initially slow to prosecute offenders‚ commencing its first criminal insider dealing prosecution only in January 2008. Factors to be considered to commence criminal proceedings In deciding whether to commence criminal proceedings against an alleged insider dealer
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Enjo-kōsai or compensated dating has become a worrying social problem in Hong Kong nowadays. Compensated dating is a practice which originated from Japan where older men give money and/ or luxury gifts to women as the compensation for their companionship‚ and possibly sexual favors. Literally‚ compensated dating is different with prostitution as it involves non-sexual activities such as shopping‚ karaoke singing and friend making but the latter straightly means trade of sexual services for money
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applications is the formulation of the Legislative Council (LegCo). Another assumption is that the major development in Hong Kong is the economic development. Hong Kong is reputed to be a worldwide international financial centre and ranked the first in the world of being the freest economy. So‚ Hong Kong relies much on the economic development. In addition‚ the party system in Hong Kong is multiparty that considered as a coalition government.2 What is political party? The political party is made
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Is it hard to live in Hong Kong? A psychologist said that stress is a joint result of weak knowledge base plus and in sufficient support. In a highly competitive society like Hong Kong‚ everyone must work very hard for keeping a foothold. Moreover‚ Hong Kong’s Gini Coefficient has consistently at the world’s top rank‚ which implies the city’s income gap have a great disparity‚ despite a high living standard. That is how the stress comes up and let us take a close look at the issues. First of
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Background Established in 1986‚“Hung Fook Tong” is one of the famous manufacturers and retailers of traditional herbal tea in Hong Kong which has over 70 retail shops with more than 700 staff members‚ self-invested factories in Hong Kong and Shenzhen and a sales network with extensive coverage. Mainly it serves customers with various kinds of Herbal Tea‚ Herbal soups‚ other non-herbal beverages‚ and snack (like dim-sums and sausages) on a price range of $8-$250. HFT also set up point of sales
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In Hong Kong‚ different groups in the society have different opinions on the Asian Games issue. For my opinion‚ I think Hong Kong should bidding for the right to host it in 2023. I will use the following feasibility issues to prove my ideas. Is the event a good idea? Bidding for the right to host a major international sports event is a high profile. Typically‚ the benefits fall into follow three main categories. Sports development It can raises public awareness of the benefits of sport and
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The youth unemployed should be one the groups the most in need for financial support in Hong Kong. They face keen competition and suffer from the local economic regression‚ which create difficulty to them earning a living. Young people‚ in general‚ refers to people in the age groups of 15-19 and 20-24 (Chung Kim-wah 2009). They are recognized as labor force in Hong Kong‚ but their employment opportunities are not optimistic. Those school leavers in the age of 15-24 entering the labor market have
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Administration Topic: Critically examine the pros and cons of the Direct Subsidy Scheme (DSS) in primary and secondary education in Hong Kong. Take two traditional well-known schools as case examples (one DSS and the other non-DSS) to illustrate your answer. 1. Introduction The education system in Hong Kong is centrally administered by the Education and Manpower Bureau (EMB). The role of the EMB is mainly to monitor and regulate both the
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serious in Hong Kong . Many people such as the elderly and the fresh graduates ‚ most of them can’t have the flats for living and some need to live in the subdivided units . Our chief executive ‚ Mr. CY Leung just announced his first policy address ‚ in the housing aspects ‚ he suggested that building more flats for the citizens . However ‚ I think it’s only a long term solutions ‚ the flats will be finished in 2018 ‚ but the housing problem is a very urgent needs for the most citizens in Hong Kong . These
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