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Southern China property:
A home, or an investment?

Special Feature  SMEs strapped for cash

i-Perkin 
Wages and salaries to remain under pressure

China Economic Update
Employing the masses

Business
Jobs for the disabled

Member Profile

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Paying for our sins

Breaking down complacency and conventional wisdom

Asia / Africa Committee Cocktail Reception

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                                         November 2002 Issue

Southern China property:
A home, or an investment?

China's rapid economic growth, rising per capita income and flood of foreign investment into the country are all fuelling strong growth of Guangdong's real estate sector

It seems ironic that while Hong Kong's property market remains stuck in the doldrums, just a few miles away Guangdong Province's real estate sector is booming. In the first six months of 2002, residential and commercial property sales in the province grew 17 per cent, while vacancies for residential housing dropped by 1.4 per cent to about 26 per cent.   More >>

SMEs strapped for cash

Cries from small- and medium-sized enterprises (SMEs) that they continue to face problems raising capital are generally taken with a generous pinch of scepticism. But the plight of SMEs looking for finance was brought home in October when media reports following a police raid on a loan-sharking syndicate revealed that half of the 200 debtors who took out loans were SMEs.   More >>

Paying for our sins

Hong Kong is now paying the price for its past environmental sins, and the cost is only going to get higher unless urgent action is taken, Secretary for Environment, Transport and Works Dr Sarah Liao Sau-tung, told guests at a HKGCC/Business Coalition on the Environment luncheon on October 11.   More >>

Jobs for the disabled

A new project to enhance the employability of mentally and physically disabled people is receiving good response from employers and employees

Landing a job in Hong Kong is not as easy as it used to be, but for many of the territory's disabled, things just might be starting to pick up.   More >>

Wages and salaries to remain under pressure

Faced with a still uncertain economic outlook, and weak sales and profits, as well ongoing deflation and therefore domestic pricing pressures, Hong Kong businesses are continuing to keep tight control of operating costs, including wages and benefits.   More >>

Employing the masses

Officially, China's urban unemployment rate for 2001 stood at 3.6 per cent. While the figure suggests that China's unemployment number is manageable, it fails to reflect the real unemployment situation in the Mainland.   More >>

Breaking down complacency and conventional wisdom

Samsung Electronics CEO Yun Jong-yon, who is credited with turning around the company's fortunes in the late 1990s, explains his formula for success

Samsung Electronics, the world's biggest manufacturer of memory chips, saw its profits jump almost 400 per cent in the third quarter this year. Not bad for a company who just a few years ago was looking at a debt ratio of 300 per cent.   More >>

China Travel Service Holdings aiming to be international

Hong Kong travel agencies generally tend to stick to inbound or outbound tourism so that they can focus on doing what they do best -- either jetting tourists off to far, exotic places, or bringing in tourists to be dazzled by the wonders of Hong Kong. China Travel Service (Hong Kong) Ltd. (CTS HK) is among the exceptions, because not only has it secured a sizeable slice of both pies, but it also has set its sights on becoming the top travel agency for visitors travelling to and from the Mainland.   More >>