CORPORATE GOVERNANCE OF HONGKONG 1. Overview of recent corporate governance reforms A. Recent initiatives There have been numerous recent changes in Hong Kong in relation to corporate governance matters‚ extending well beyond legislation and nonbinding codes. The roles of relevant regulators have also been examined and proposed changes made. As far as legislation is concerned‚ the most significant change is the introduction of the Securities and Futures Ordinance‚ which came into force on
Premium Corporate governance
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
Premium Minimum wage Poverty
Wasteful lifestyle of Hong Kong On a gloomy Sunday morning‚ you woke up and saw the buildings were destroyed by the heavy acid rain. Then‚ you just sat on the sofa and started eating unpalatable breakfast which was overnight food and smell fusty. You feel tedious as the electric was cut off ‚ no computer games and no television shows. The stinking smell made you sick and began to vomit. Fortunately‚ this awful situation is an imagination only. But if Hong Kong people still have the wasteful lifestyle
Free Recycling Waste management Waste
HONG KONG : THE FACTS The Port Hong Kong is fortunate in having a sheltered natural harbour‚ which provides good access and a safe haven for vessels calling at the port from around the world. The port has always been a key factor in the development and prosperity of Hong Kong‚ which is strategically located on the Far East trade routes and is in the geographical centre of the now fast-developing Asia-Pacific Basin. In terms of tonnage of shipping using its facilities‚ cargo handled
Premium Hong Kong International Maritime Organization Cargo
Hong Kong jewellery industry can be divided into two main categories: precious metal jewellery and imitation jewellery. In terms of production and sales volume‚ precious metal jewellery gets the lion’s share. Manufacturers in Hong Kong are specialized in creating contemporary design jewellery set with diamonds‚ precious and semi-precious stones as well as pearls. Jewellery “made in Hong Kong” is highly renowned all over the world and attains a higher standard of craftsmanship over their counterparts
Premium China Jewellery Hong Kong
are able to communicate and interact more with the mainland Chinese. It is in no doubt that they contribute a lot to our economy and help in maintaining a low employement rate‚ especially during our hard time. Various tourism and retailing related industries are benefited. It is not suprising to see there are no vacant stores in populare tourist spots‚ like Causeway Bay‚ Tsim Sha Tsui and Mongkok. However‚ a coin has 2 sides. They bring us many negative impacts at the same time too. Maybe because
Premium Tsim Sha Tsui Mainland China Shopping mall
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
Premium Hong Kong People's Republic of China China
market in Hong Kong Introduction Hong Kong has established its real estate markets since 1841‚ when it became a colony of the British Empire after the First Opium War. As a small city with only an area of 1‚104 square km‚ but over 7 millions of people‚ Hong Kong has one of the most prosperous property markets and which has created a huge amount of wealth. According to Forbes list of Hong Kong billionaires 2012‚ the top 3 richest people and 8 out of top 11 richest people in Hong Kong are came
Premium Hong Kong
Oasis Hong Kong Airlines: The First Long Haul‚ Low Cost Airliner in Asia Team A Scott Burgoyne‚ Marvin Cook‚ Randy Collins‚ Amanda Baldwin‚ Jason Odle and Cynthia Hicks-Leeper Everest College On-line Business Policy and Strategy MAN 4764-1001 Instructor Monya Ashe February 11‚ 2012 Introduction Oasis Hong Kong Airlines was founded in February 2005 by Rev. Raymond C. Lee‚ and his wife‚ Priscilla H. Lee had they survived; this month would have marked their seven year anniversary. Unfortunately
Premium Low-cost carrier Airline Strategic management
the Hong Kong Courts re Winding Up and Unfair Prejudice Petitions — Are Offshore Companies Safe? Hong Kong law contains a number of provisions designed to protect the interests of minority shareholders‚ including the “unfair prejudice” remedies under section 168A of the Companies Ordinance (the Ordinance) and the Ordinance’s “just and equitable” winding-up provisions. These protections can‚ in some cases‚ also be invoked by shareholders of non-Hong Kong companies. However‚ as the Hong Kong
Premium Shareholder