Article 105 of the Basic Law states that "The Hong Kong Special Administrative Region shall‚ in accordance with law‚ protect the right of individuals and legal persons to the acquisition‚ use‚ disposal and inheritance of property and their right to compensation for lawful deprivation of their property." This is an expansion of Article Six in the Principles section that "The Hong Kong Special Administrative Region shall protect the right of private ownership of property in accordance with law." The
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Energy Wastage in Hong Kong Focus: household energy consumption Solar panels http://www.renewablepowernews.com/archives/1647 Did you know that people this year are consuming nearly twice as much energy as they were 30 years ago? If we continue to use energy at such high rates‚ reserves of non-renewable energy may run out really soon. In order to prevent this people must make small changes by using less energy in their daily lives. Even the smallest action can have an impact on the rest of
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(December 2004March 2008) Hong Kong Accounting Standard 27 Consolidated and Separate Financial Statements* * This HKAS 27 is applicable for annual periods beginning on or after 1 January 2005 but before 1 July 2009. HKAS 27 (Revised) issued in March 2008 is applicable for annual periods beginning on or after 1 July 2009 and supersedes this HKAS 27. 1 HKAS 27 COPYRIGHT © Copyright 2008 Hong Kong Institute of Certified Public Accountants This Hong Kong Financial Reporting Standard contains
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qu’aujourd’hui Hong Kong est une place financière internationale ? A) Période de la colonisation anglais à 1995 B) 1995-2002 II) Compétitivité de la place financière: son infrastructure légale‚ son système solide de régulation ( HKMA)‚la compétitivité des banques‚ de la Bourse et de l’industries de l’assurance . A)Le Rôle de HKMA dans l’ouverture internationale 1) Qu-est ce que HKMA (Hong Kong Monetary Authority)? 2) Son rôle dans l’ouverture internationale de Hong Kong. 3) HKMA dans
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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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LEE HAN SEONG (Bill) 2010555699 Potential advantages of the minimum wage law in Hong Kong Implementation of a reasonable amount of minimum wage is necessary for the current situation in Hong Kong. Minimum wage law prohibits workers or employees hired for less than a given hourly‚ daily or monthly minimum wage (Filion‚ 2009). Hong Kong is facing a difficulty of wealth gap. Although Hong Kong has a great reputation of the financial hub and one of the most affluent cities‚ its wealth gap is the
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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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In the past‚ Hong Kong education was closely modeled on the system that was found in the UK. This is hardly surprising since Hong Kong was administered by Britain from 1841 to 1997‚ when the former UK colony was handed back to China. However‚ since 1997‚ the education system taught in local schools has undergone a series of changes. While some of these changes have reflected different language of instruction policies‚ there have also been changes to the senior secondary curriculum. The new model
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rapid development. In Hong Kong‚ however‚ it was not until the recent years that the city ’s government‚ citizens and the media have brought more attention to the development of the city ’s cultural and arts scene and preservation of the former British colony ’s unique cultural heritage. In response to the social unrest‚ the government has begun to develop a specific strategy with regard to the arts and culture. One main focus of their strategies lies in the preservation of Hong Kong cultural heritage
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Hongkong Business Culture 1. Overview Hong Kong is one of the Special Administrative Regions (SARs) of China‚ and the other is Macau. Itis located on China’s south coast. It is only 1‚104 km2 large‚ but has a population of over seven million people. Therefore‚ Hong Kong is one of the most densely populated areas in the world.GDP‚ Languages… Hongkongwas a colony of Britainfor a long period since the middle of the 19th century. On July 1‚ 1997‚it was returned back to China and became the Special
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