Topic: Challenges of Hong Kong’s full service airlines facing today This essay examines the challenges faced by Hong Kong’s full service airlines nowadays. Air transportation serves not only to encourage trade and growth in the tourism industry in Hong Kong‚ but also to improve people ’s mobility and to form a modern society. In this essay‚ full service airline is defined as traditional airline that provides services such as allocated seat‚ transfer of baggage between flights‚ blankets and meals
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If I were to show you diagrams of the age structure of Hong Kong in recent years‚ you would probably be surprised that the population of Hong Kong is currently ageing at a moderate pace. According to statistics‚ when the new born babies start to become older persons‚ the population will age at a relatively fast pace in Hong Kong in the middle of next decade. An ageing population will have an impact on the labour force as the number of people in working ages will grow slower than the overall population
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Nowadays‚ Hong Kong needs to face different housing problems. The major housing problem is shortage of housing. As the rate of population growth increases‚ the pressure for housing also increases. When the housing supply falls behind population growth‚ problem arise‚ resulting in the deterioration of the residential environment. The high rate of natural population increase‚ the continued influx of migrants from China and the entry of illegal immigrants further increased the population. And the insufficient
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Trends in the retail industry I) Retail sales: overview For the period January-April overall retail sales have increased by 0‚7% in 2014 (from HK$172‚3m to HK$173‚ 5m): The small increase in retail sales in mainly due to the 14‚3% growth rate that occurred in January 2014. For three consecutive months retails sales have experienced negative growth with a peak of -9.8% in April 2014 as shown in the graph below. Retail
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CGE25101 Globalization and Business Individual Assignment (Topic 2 Sustainable development- Starbucks) Introduction In these days‚ instead of merely focusing on economic interests‚ multinational corporations (MNC) have engaged a number of sustainability initiatives in an effort to satisfy the needs of the present while preserving the ability to future generation by contributing on the three main elements: economic‚ environmental and social development. As a company becomes popular and
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Comparing to the near area‚like Singapore‚Hong Kong’s Gini coefficient is more higher and ranked top in the world.Even the wealth gap is not common in western societies‚however‚it is no doubt that wealth gap has threatened the Hong Kong most. With the change of economic mode in Hong Kong ‚it trend to knowledge-based economy rather than manufacturing industry so that a large number of worker are unemployed immediately‚in the other hand‚a lot of high-class people are benefited by the new mode economy
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Landfill is a main way of waste management in Hong Kong‚ but it may not be a sustainable way to solve or relieve the garbage problem. Moreover‚ landfill also will eventually saturate. It’s an urgent problem to stakeholders. In fact‚ an annual average of more than one million tons of wastes are produced in Hong Kong. Landfill is not the only way the government can plan for waste disposal. Building an incinerator to relieve the refuse pressure is also viable. In fact‚ a lot of waste is dumped without
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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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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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THE UNIVERSITY OF HONG KONG School of Economics and Finance FINA1001: Financial Statement Analysis Second Semester 2009-2010 Dr. Kam-Ming Wan Midterm Examination (90 minutes) April 1‚ 2010 10:40a.m.(12:10p.m. Candidates may use any self-contained‚ silent‚ battery-operated and pocket-sized calculator. The calculator should have numeral-display facilities only and should be used only for the purposes of calculation. It is the candidate’s responsibility to ensure
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