Introduction In the recent years‚ the tourism industry of Hong Kong has been suffering from a severe negative impact due to a scandal that occurred within the industry. The Zero Charge Tour literally indicates tour without payment of fee by the tourist‚ whereas‚ it is not precise to interpret the Zero Charge Tour in this way. The Zero Charge Tour means the kind of tour that requires the tourist to pay incredibly low fee. Distinguished from the traditional group tour‚ it appears to be more economic
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1. Title “How can a budget airline survive in Hong Kong” 2. Aims To find out the success factors and forecast the future of budget airline in aviation industry‚ apply those factors to analyze the operation strategy of a budget airline which would like to survive in Hong Kong market. 3. Background. In the recent years‚ budget airline becomes more and more popular. Many people choose low-cost airline to save the cost in transportation so they can spend more on the activities. Ryanair‚ the largest
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happen it is ‚ but the influence and this incident is solvable or not. When the strong typhoon‚ Vicente‚ passed south in Hong Kong‚ there were seven CSL containers fell into sea which are about 168 tons of polypropylene colloidal particles into the ocean. Therefore‚ Vicente not only provides a holiday for us‚ but also an ecological disaster. After that a multitude of Hong Kong people are worried about the plastic pellet are harmful for human being or not and is it solvable in our society. In our
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Singapore‚ a past British colony that became independent in 1960s‚ are very similar to Hong Kong in several aspects: 1. They have a shared history of colonial pasts; with British rule extending up to hundred years‚ setting the foundation of their political systems. Both Singapore and Hong Kong inherited British democracy and integrated it with the society. 2. They’re both global financial centers and used to be Asian tiger economies. With similar size of the economy‚ two cities perched at the top
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FINA 3088 Case Study 1 ---- Chase’s Strategy for Syndicating the Hong Kong Disneyland Loan (A)&(B) Bid Strategy of the First Round The first round bid was to show its commitment and price‚ while detailed proposal would be submitted after being shortlisted. Thus‚ Chase had mainly three kinds of concern at that stage: risk‚ profit and reputation. Reputation From Exhibit 6‚ there is no doubt that Chase was the top bank in syndicated finance in the US and over the world. However‚ it recorded
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Economies of Hong Kong and the Pan-PRD Why the Heritage Foundation ranked Hong Kong as the first “free economy” in the world? Hong Kong has been ranked the freest economy in the world by the Heritage Foundation for the 19th consecutive year since the index was first published in 1995. We will see the criteria of a free economy according to the Heritage foundation. Then we will explain why and how Hong Kong is ranked as the first free economy in the world. Criteria of “free economy” according
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Export and Import Practices Hong Kong’s cosmetic and toiletries market had an estimated value of $787 million in 2002. With little domestic production of cosmetics and toiletries‚ Hong Kong relies on imports from China‚ Japan‚ the United States‚ France‚ Singapore‚ Malaysia‚ and Taiwan. Industry sources expect import growth to continue in the coming years despite the economic slowdown in Hong Kong. The constant demand from mainland Chinese tourists will also drive the growth of imported cosmetics
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Tuyen Tran BAD 345-03 9/9/2014 Hong Kong Case Study Hong Kong Disney land was an optimistic business idea that was supposed to further propel the Disney brand into the Asian market. After a successful operation in Tokyo Japan Disney thought that the Hong Kong market would follow suit. However‚ Hong Kong Disney was not the success Disney had hoped and was losing costumers and money early on and was not seeing any profits. Disney was not sure why locals and tourists were coming to their
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Current Situation This report offers an evaluation of Hong Kong’s health care system. In this section‚ three important strengths and four fundamental weaknesses are highlighted. Strengths Hong Kong has a relatively equitable health care system. Every resident has equal access to essential health care. The financial burden of health services is financed in an equitable manner‚ and health services are reasonably equally distributed by geographical region. Establishment of the HA brought
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Air Transport Industry in Hong Kong Overview As one of the regional hubs for Asia‚ Hong Kong is connected with most urban centres in Asia and half of the world’s population within 5 hours of flight time. Currently‚ more than 100 airlines operate about 1‚000 flights daily‚ linking the Hong Kong International Airport (HKIA) to about 180 destinations worldwide including 48 cities on the Chinese mainland. Handling 56.5 million passengers and 4.03 million tonnes of cargo and in 2012‚ HKIA was Asia’s
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