Traditionally, the events and exhibitions industry in Hong Kong has been more focused on being business-friendly than being eco-friendly. However, in the last few years, this status quo has begun to change rapidly, as the idea that business and green values can coexist and indeed, create new and profitable synergies.
Traditionally, the events and exhibitions industry in Hong Kong has been more focused on being business-friendly than being eco-friendly. However, in the last few years, this status quo has begun to change rapidly, as the idea that business and green values can coexist and indeed, create new and profitable synergies.
Despite today's economic uncertainties, global mobility remains integral to the way businesses operate. Multinational companies must grapple with the challenge of increasing the number of international assignments while managing costs.
More than a third of workers in Hong Kong would like more paid leave – it's the second most wished-for work-life initiative, behind flexible working.[1]Women in particular wish for extra paid leave (34.4%, against 31.4% of men).
As the 9th largest trading economy in the world, Hong Kong has a highly sophisticated infrastructure to enable workers to work efficiently and seamlessly.
‘Big data’ is all the craze at the moment where multinational corporations are cleverly making use of the data they have collected about consumers to pull actionable insights.
Work places have become more diverse than ever, as employees push back their retirement and companies look to foreign talent to fill skills shortages. These vast generational and cultural differences present a new set of challenges to leadership.
With billions of dollars worth of transactions taking place across the globe every day, financial institutions are a goldmine for cyber-criminals, if their systems are breached.
The Hong Kong Monetary Authority (HKMA) recently highlighted a number of ‘warning signs’ that the territory’s economy was in danger of over-heating. Rising levels of household and an accompanying surge in consumer spending have, according to the HKMA, left the economy worryingly exposed to increases in interest rates.
Customer loyalty is a hugely important topic for Hong Kong businesses, yet it is often overshadowed by other, more high profile issues. But think about it for a moment: loyalty is the most accurate tool to determine whether your business is ‘doing it right’.
Hong Kong is a country of diverse cultures, emerging trends, and an unrelenting desire to learn. Yet despite this, many eyes, including those within Hong Kong itself, remain firmly pointed towards the West when it comes to innovation.
The number of mobile internet devices is set to outnumber humans by the end of this year. There'll be more smartphones and internet-connected tablets and monitors than there are people on the planet. The prediction is especially amazing when you think that 3G – already fairly old news – is just over a decade old.
On July 10, 2013, the Hong Kong Legislative Council moved to enable Hong Kong to enter into stand-alone Tax Information Exchange Agreements and, more importantly for U.S. persons who have financial accounts there, to sign an “intergovernmental agreement” (IGA) with the U.S. for implementation of the Foreign Account Tax Compliance Act (FATCA).
Hong Kong and the rest of the world are becoming increasingly connected electronically, expanding markets and reducing the inefficiencies of doing business across borders. Services can be hosted anywhere and customers served can be from anywhere as the Third World catches up to the First World’s broadband penetration and narrows the digital divide.
Doing business in Hong Kong, you'll realise that we are all connected, somehow, with someone who tries us to the brink of our emotional sanity. Those who are lucky have had to deal with them on occasion, alright, but without chance of another or regular interaction.
The rapid adoption of the Internet has been impacting the community at large. In Hong Kong, the number of Internet users today has reached nearly 4.9 million, which accounts for 68% of total population, as revealed by the report, We are Social - 2012 Social, Digital and Mobile in Asia.
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