Despite the signing of the ASEAN Charter in 2008‚ the recent border conflict between Thailand and Cambodia has shown that the organisation places the onus of avoiding armed conflict on the disputants themselves. Following Michael Leifer’s account of the ‘ASEAN paradox’ (1983)‚ this dispute has further demonstrated that ASEAN is an association rather than an alliance. Leifer argued that security matters are addressed bilaterally rather than regionally‚ and national interest prevails over regional
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Two large state-owned enterprises are swooping on the Hong Kong market with their long-awaited IPOs almost simultaneously this week‚ and the prospect of two large offerings is likely to cast a pall over the city’s stock market. The decisions by Sinopec Engineering and China Galaxy Securities to launch their roadshows separately came after the two large SOEs‚ tightly controlled by the Chinese government‚ both managed to secure strong support from some key cornerstone investors. Sinopec Engineering
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does lean production damage the brand? Strategic Direction. Bradford:2007. Vol. 23‚ Iss. 4‚ p. 10 Abstract (Summary) This paper reviews some of the advantages and potential disadvantages of lean production in the Japanese automotive industry. This briefing is prepared by an independent writer who adds their own impartial comments. According to the experts‚ 2006 saw Toyota become the world ’s largest automobile manufacturer in the world‚ knocking General Motors (GM) off the top spot.
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for Hong Kong to remain successful by staying at the top globally in its economic freedom? Introduction Hong Kong has ranked as the world’s freest economy in The Wall Street Journal and Heritage Foundation’s Index of Economic Freedom for 17 consecutive years‚ since the inception of the index in 1995.1Being economic free helps the successful of Hong Kong. Hong Kong is the richest region in the world. However‚ In World Competitiveness Yearbook 2013 published by IMD‚ the ranking of Hong Kong competitiveness
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development of Low Cost Carriers in Hong Kong airline industry Introduction There are four airlines in Hong Kong which are Cathay Pacific‚ Dragonair‚ Hong Kong Airline and Hong Kong Express. Cathay Pacific reveals merger-driven consolidation that Dragonair became a member of Cathay Pacific Group in 2006. On the other hand‚ HaiNan Airline acquired both Hong Kong Airline and Hong Kong Express. Cathay Pacific‚ Dragonair‚ Hong Kong Airline are full-service carriers while Hong Kong Express is the only Low Cost
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SWOT analysis is a framework to examine a firm’s competitive position and strategy. By examining a firm’s Strengths‚ Weaknesses‚ Opportunities and Threats‚ SWOT evaluates a firm’s strategies to exploit its competitive advantages or defend against its weaknesses. Strengths and Weaknesses involve identifying the firm’s internal abilities or disadvantages‚ while Opportunities and Threats involve identifying external factors such as competitive forces‚ development of new technology‚ governmental intervention
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Weakness of Aristocracy: Aristocracy has‚ in common with monarchy‚ but the evil inherent in all kinds of Aristocracies is that they form a separate interest which is almost certain to come into conflict with the interests of the community. No wise and just principle has so far been devised for the selection of the ruling class‚ and no safeguard has been suggested to ensure that the few will rule in the interests of all and not for their selfish advantage. The privileged persons‚ who are destined
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Bandag Inc. on the basis of the analysis done by Gerald Borenstein decided to expand their operations to Hong Kong. This move proved to be favourable for Borenstein until the economic downturn‚ something he had no control over. There were signs along the way of the turning economy‚ but‚ there was no possible way for Borenstein to stop or change the inevitable. Borenstein tried to continue operating as he saw best‚ but stronger competition and the loss of his contacts‚ other factors he had no control
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As Facebook expands‚ with 250 million users posting 1 billion pieces of content every week‚ the site continues to draw sharp criticism from privacy advocates‚ lawyers‚ and governments over how it uses the data that members regularly – and often cavalierly – post onto the site. This week five California Facebook users joined the chorus of critics. In a lawsuit filed Monday‚ they charge that Facebook – the Web’s dominant social networking ecosystem – unlawfully used their private information or
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A Study on leisure facilities‚ service and activities are suitable and enough for elderly in Hong Kong? Introduction A small-scale city of China‚ Hong Kong‚ there is estimated 7‚008‚900 people by the end of Year 2008. And more than 13% of it will be the elderly. In view of the older population growing up at full pelt in Hong Kong‚ and for quickly promoting educational and economic capability‚ the demands of elderly leisure facilities and services increase every year. Nowadays the leisure
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