|
||||||||||||||||||||||
From the Chairman Business |
December 2004 Issue ![]()
The Pear River Delta looks set to grow from
strength to strength if current challenges can be overcome, say speakers at the Third PRD
Conference Guangdong's
economy grew 14.6 per cent year on year in the first three-quarters of this year and the
PRD region represents 95 per cent of Guangdong's economy. Despite this stellar growth, the
PRD is facing a number of challenges, with energy and labour shortages being the most
serious.
HKGCC's Business Prospects Survey reveals surging optimism in 2005-06 Hong Kong's business community is becoming more upbeat about the
prospects of the local economy over the next two years, but are growing increasingly
dissatisfied with the environment, according to the findings of HKGCC's annual Business
Prospects Survey, released on November 24.
More people are working in Hong Kong than at any other time in the city's history, yet the unemployment rate remains stubbornly high. At nearly 3.3 million jobs, employment in Hong Kong has never been higher. New records were set in four of the last five months, yet the unemployment rate remains stubbornly high, at 6.7 percent. What's going on? More >>
Calls for renminbi revaluation from the market grew louder following the Asia Pacific Economic Cooperation (APEC) meeting last month. However, China, backed by strong economic development, will not allow pressure from other countries to dictate its currency policy. In addition, renminbi exchange rates are still controlled by the central bank, which controls the capital account More >>
In addressing global energy trends, the place to start is with economic growth, because economic growth depends on having adequate and reliable amounts of affordable energy, and at the same time economic growth tends to lead to increases in energy demand. More >>
HKGCC concluded an eleven-day visit to Miami, Sao Paulo, Rio de Janeiro, Buenos Aires and Santiago last month. This was the first Chamber study mission to South America since 1992. In each of the cities visited, the Chamber delegation was just ahead of President Hu Jintao on his South American tour before the APEC Leaders Meeting. More >>
Solar electricity generation facilities at Wanchai Tower reduce the building's contribution to greenhouse gas emissions by 23 tonnes annually. The project, the largest solar electricity generation system in Hong Kong, is a pilot scheme run by the government's Electrical and Mechanical Services Department (EMSD) to determine if photovoltaic (PV) solar panels installed on buildings can be practical and economically viable. More >>
The City of Lights is burning brighter than ever
this year as Christmas decorations paint a festive glow across Hong Kong The Christmas season is finally upon us. But for Sonya Wu, Christmas began five months ago. More >>
Restaurants have a tough enough time attracting customers and tempting them back to try other dishes at the best of times. But try doing it at the airport, where repeat business appears to be nil and customers literally run past your operations and quite possibly may never come back. More >>
|
|
||||||||||||||||||||
|
||||||||||||||||||||||