Is Hong Kong an ideal place? According to the Global Urban Competitiveness Report (2007-2008) Hong Kong dropped 7 places to 26 as a competitive city for investment. If it’s any consolation‚ Hong Kong remained one of the most affluent cities in the world and one of the top 5 in Asia in term of economy‚ infrastructure and freedom of speech. Yes‚ Hong Kong is undoubtedly achieved so well with flying color‚ having a stable economy‚ good job market and good accessibility to anywhere due to intra-city
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Customer focused low cost leadership strategy Low cost strategy is centered on the capability of the company to produce and deliver products of competitive quality at lower costs. Cost leadership strategy is much more than cost reduction initiatives that get lot of prominence in strategic planning and review session of any company as a means to improve the bottom line of a company by improving its efficiency. Some companies use their efficient cost structures to protect their markets from the competitors
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Class boycott in Hong Kong Arouses International Attention A weeklong class boycott that was launched by the Hong Kong Federation of Students and Scholarism on Monday has aroused international attention. Over six foreign press‚ including the BBC and The New York Times report the event‚ and some have paid attention to the democratic process of Hong Kong since April this year. On Monday‚ more than six foreign presses reported details of the class boycott with at least one page. The New York Times
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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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Da Yuan Instructor: Nicholaus Meyers MUSC 100: Music Appreciation 11th November‚ 2012 The Popular Music in Hong Kong When talk about the popular music we know the 1960s was the golden age of world’s popular music‚ and also the rock and roll. Hong Kong also followed the world’s step. The Hong Kong music was full of happy and freedom atmosphere since Hong Kong economic started to fly at that time. Young people began to contact the western trend. Radio became the main channel of music. The
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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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