Calls are growing for a more equitable society with regard to the current debate on whether the minimum wage in Hong Kong should be raised to HK$35 a hour. Before making any conclusion‚ I’d like to make respond to one of the opposition’s view --minimum wage is crippling the businessman. This is an unreasonable and exaggerated argument as the booming rent price in Hong Kong is a wide known significant factor. While it is crystal clear that the businessmen are trying to pass the buck to their
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about the foaminess of Chinea property market (both 1st and 2nd hand)‚ it shows that the risk ratios of the tier 1 cities is quite high. If you were investors and wealthy man‚ will you pour money into China property market ONLY? 2. Hong Kong Property Market In 2009‚ properites of HK bloom‚ especially for luxury properties‚ which are mainly driven by the millionaires (no‚ should be billionaires) from the mainland. The most shocking news is that the property prices continue to hit new
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How fortunate to women nowadays in Hong Kong. The women appeared more than 2000 years ago. But the main important point is born in different century has big different situation for them. One of them comes from older china‚ and one of them comes from nowadays. Although they are same as women‚ there has big different between them life. The purpose of this essay is to compare and contrast the differences between women 100 years ago and women today. The most notable difference between these two women
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Apply the theory of social justice proposed by John Rawls to analyze the social and economic system of Hong Kong and assess whether the system in Hong Kong meets the basic principles proposed by John Rawls. Introduction In this world of high income and social disparity between countries‚ cities‚ or even within the domestic territory‚ social justice seems remote and unachievable. To John Rawls‚ however‚ social justice is in fact realistically utopian and it is achievable. The most influential
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by way of spreading the risk with other players • Underwriting risk – The risk that the issue may be undersubscribed leading to Chase taking up the balance loan amount. Thus Chase had to set proper price for the loan (spread) and to include more sub underwriters to share the burden in the event of under subscription • Political Risks – The risk that the Hong Kong government may back track on their promises and that they may pressure them to include local banks in the syndication • Reputational
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voluntary euthanasia be allowed in Hong Kong? The issue of euthanasia has been discussed for decades. Euthanasia is a medical practice to end one’s life with the purpose to alleviate pain or suffering while voluntary euthanasia is one of its categories that carried out at the request of the patient. A few years ago‚ a paralyzed patient had requested for euthanasia to end his life painlessly. This attracted wide attention among the general public in Hong Kong. People started to discuss whether
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Model of Hong Kong Disneyland * Threat of New Entrants * High capital requirements: High capital requirements mean a company must spend a lot of money in order to compete in the market. High capital requirements positively affect Hong Kong Disneyland. … * Strong brand names are important: If strong brands are critical to compete‚ then new competitors will have to improve their brand value in order to effectively compete. Strong brands positively affect Hong Kong Disneyland
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Comparison of CB between Argentina and Hong Kong HK main event In 1983‚ Hong Kong established her Currency Board. Hong Kong dollar (HKD) has pegged with the US dollar (USD) at a rate of USD1 to HKD7.8. The major event that assaulted Hong Kong CB was the 1997 Financial Crisis. During that crisis‚ speculator attacked HKD by short selling them. Speculators used hedge funds and attacked the Hang Seng Index (HSI) at the same time. Although the HK government already imposed penalty on “repeated borrowers”
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and differences in product/service attribute between 2 to 3 major competitors [e.g. Bonaque‚ Vita] i. Major market segments In bottled water industry‚ water manufacturers are generally having three target markets: office‚ retail and household. Hong Kong is a business society. Many people work in commercial building nearly whole day‚ they have no time to boil water in the office. Water manufactures. Besides office‚ the company also focuses retail and domestic market supplies. It provides a wide
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wide pool to make the world into a global society. I am particularly interested in how globalization affects teaching in primary schools in Hong Kong where the articles and references are mainly focusing on the influence to higher education. This essay is attempted to explore the relationship between globalization and primary school education in Hong Kong. The first part will discuss various definitions of globalization of different scholars views. The second part of the essay will be concentrate
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