Government should consider abolish the linked exchange rate system or pegged Hong Kong dollars with China Yuen (RMB) rather than the U.S dollars. The main reason is for this is it will help the future development of Hong Kong economy. Exchange rate is how much a currency worth in terms of other currency. If currency is free floating‚ which allows the exchange rate vary against other currencies determined by the market forces of supply and demand. Some countries may use fixed/pegged exchange rate
Premium United States dollar Monetary policy Foreign exchange market
Typhoon effects on the Center in Hong Kong Abstract: This paper presents selected results of wind characteristics and structural responses measured from the Center (350 m high‚ 79 floors) in Hong Kong‚ during the passages of three typhoons. The field data such as wind speed‚ wind direction and acceleration responses‚ etc.‚ were continuously measured from the super-tall buildings during the typhoons. The simultaneously measured wind-induced acceleration was adopted to evaluate the dynamic characteristic
Premium Wind Beaufort scale
What is your favorite restaurant on campus? For me‚ Hong Kong Noodle is my favorite restaurant. They have really authentic food and make me feel like home. For example‚ the minced beef and scramble egg with rice‚ fried squid‚ and Wonton Soup are something I always order. However‚ these are only tip of the iceberg. Known as the “Food Paradise”‚ Hong Kong cuisine is almost influenced by all over the world due to the fact that it has a long history of being an international city. Therefore‚ you can
Premium Coffee Bruce Lee Beef
Projection 28 8. Implementation Plan 33 9. Evaluation and Control 34 Executive Summary The main objective of this report is to provide a strategy that will enable Hong Kong Disneyland to enhance its competitiveness in the Hong Kong market. In this manner‚ the report provides the issues that affects the performance of Hong Kong Disneyland and provides the perceived solutions to ensure that the company is on track of achieving the goal of being competitive. In order to find a better solution for
Premium The Walt Disney Company Walt Disney Parks and Resorts Disneyland Resort
Background The Standard Chartered Marathon has been organized by Hong Kong Amateur Athletics Association for 11 years since 1997. Now it becomes a signature international sporting event in Hong Kong and was recognized as a "Brand Hong Kong Event" by the Hong Kong Special Administrative Region Government. The Standard Chartered Hong Kong Marathon 2007 was successfully held on 4 March 2007‚ attracting over 37‚000 runners to the starting line. With the generous support of the public‚ the Standard Chartered
Premium Hong Kong Cathay Pacific Marathon
Reliance in Hong Kong 1. Introduction Do you know Hong Kong uses 70% of the electricity generated by The Guangdong Daya Bay Nuclear Power Station (China Light & Power Holdings Limited‚ 2010)? The main controversy of nuclear power is its safety and the problem of waste storage. Though Hong Kong is heavily relying on fossil fuels‚ Hong Kong should increase its reliance on nuclear power in the near future. This essay aims to examine the possibility and benefit of having a nuclear power plant in Hong Kong
Premium Nuclear power Coal Energy development
Identify one type of the social welfare‚ discuss its services of Hong Kong and a)explain its values‚ rationales and objectives; b)ways of service delivery; c)discuss the strengths and weaknesses of the service and d)make suggestions to improve the services in future. CSSA—AN INTRODUCTION The comprehensive Social Security Assistance Scheme (CSSA) is surely one of the most influential social welfare in Hong Kong‚ in terms of money and beneficiary. In the fiscal year of 2010
Premium Welfare Unemployment Welfare fraud
is 7.03 million. In 2009‚ Hong Kong had a birth rate of 11.7 per 1‚000 population and a fertility rate of 1‚032 children per 1‚000 women.Residents from mainland China do not have the right of abode in Hong Kong‚ nor are they allowed to enter the territory freely. However‚ the influx of immigrants from mainland China‚ approximating 45‚000 per year‚ is a significant contributor to its population growth – a daily quota of 150 Mainland Chinese with family ties in Hong Kong are granted a "one way permit"
Premium Hong Kong
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
Premium Health care Medicine Health economics
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
Premium Magic Kingdom Walt Disney Parks and Resorts Walt Disney World Resort