In a constantly-changing world, everyone and everything in the city, from independent retailers to commercial buildings in Central, faces the business reality of becoming obsolete as time goes by.
In a constantly-changing world, everyone and everything in the city, from independent retailers to commercial buildings in Central, faces the business reality of becoming obsolete as time goes by.
Innovation is essential for companies in Hong Kong to compete and win in today's global and hyper-competitive environment. Unfortunately, many of the factors that kill innovation are very common in organizations.
We've been suffering from 'mom-cession', according to Time magazine.1 Married mothers are less likely to find a new job than married fathers, and likely to get paid less if they do find one.
Market uncertainties on a global scale pose challenges to enterprises of all sizes today. According to the report of World Economic Forum “Global Competitiveness Index 2012 – 2013: Strengthening Recovery by Raising Productivity” 1, The International Monetary Fund (IMF) estimates that, in 2012, the euro zone will have contracted by 0.3 percent, while the United States is experiencing a weak recovery with an uncertain future.
A century ago when China was on the silver standard China was in a complete mess, looted and humiliated repeatedly by Russia, Japan, the British, and the United States.
Hong Kong is a multi-dimensional and a multi-cultural city. On the streets and in the skyscrapers of Hong Kong people from different parts of the world mix, play and do business like they do in no other city in the world.
Hong Kong offers some of the best food in the world. To maintain this reputation, Hong Kong chefs strive to serve high-quality foods. Food quality, however, is not a matter of taste alone. Quality food should also be nutritious, sustainably produced, and ethically harvested.
2013 will herald in the Year of the Snake – a year for steady progress and attention to detail. Focus and discipline will be necessary for Hong Kong business leaders to achieve what they set out to create.
2012 was a mixed bag of highs and lows. Despite a sluggish global economy, humans continued to surprise with their endeavor and ambition to go where no man has gone before.
In 2011, the China Rail Ministry created an online ticketing website 12306.cn for people to book train tickets. During this year’s Spring Festival, tens of millions of Chinese in Hong Kong and migrant workers across China visited the website to purchase train tickets. However, the massive traffic load for the ticketing website has caused increased dissatisfaction among users.
2013 is a year of data explosion. The online world is forecast to have 200 million new users getting online for the first time this year. With a large number of these emerging from Asia and logging on for the first time via mobile or social channels, demand for enterprise infrastructure and secure, cloud ready, geographic hubs will be a key theme for the year ahead.
“Going Green, Recycle and Protect the Earth”, was a message endorsed by the Hong Kong Environmental Department showcased through a banner ad attached on the side of the bus. That is, a form of out-door advertising, often refer to as Out-Of-Home (OOH) advertising.
It may be a little early for moon cakes, but as we are well into the season of gifting, and where businesses are receiving gifts, consideration of what might constitute a bribe, should never be far from company owners' minds. After all, it wasn't too long ago, in 2009, that a local company director received a jail term for offering 15 boxes of moon cakes to local police officers.
Traditional energy sources – oil and gas – are one of the few areas to remain relatively untouched by the global economic crisis. All over the world, demand for gas in particular is high, as key energy consumers look for supply security as well as cheaper and more environmentally friendly alternatives to coal and oil as energy sources. Considerable investments have been made in mature markets, such as the US and Australia, but opportunities are developing in a range of countries.
A decade or so after the term 'BRIC' term was coined to acknowledge the potential of leading emerging economies, there still appears to be a reluctance to see the opportunities there. Even as mature industrialised markets as Western Europe and the United States essentially stagnate, companies are not exactly rushing into new territories.
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Commentary
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