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  • November 23, 2014
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  1. Balance tilts towards employees

    Posted Mar 15th 2011, 12:00am by Staff Reporter

    ... Robert Half International. 'To prevent top performers from jumping ship, companies may need to enhance their retention efforts, particularly if bonus payouts did not match staff ... to a company. 'There's a high price to turnover, both in terms of losing skills and institutional knowledge, as well as the time, effort and resources required to replace employees,' he ...

  2. China Gas price declines following news of fraud

    Posted Feb 02nd 2011, 12:00am by Eric Ng

    ... on suspicion of embezzlement involving gas projects in Hubei province. This raised the possibility of a worst-case scenario for the company of facing a complete write-off of the HK$178 million it spent in 2004 to acquire four city gas distribution projects and a pipeline project in the province, according to management. At that time the company only had 26 city gas projects, compared with 146 ...

  3. Home Depot beats a retreat from Beijing

    Posted Jan 27th 2011, 12:00am by Celine Sun

    ... store in the city eight months ago. It's the fifth store Home Depot has closed in the mainland in the past two years. The company said the decision was made based on 'a financial and commercial evaluation' of the store's business performance. Market observers said the United States-based company had failed to find a proper approach to the market and lacked sufficient ...

  4. Hotels step up loyalty programmes

    Posted Dec 22nd 2010, 12:00am by Staff Reporter

    ... area vice-president, Asia-Pacific. 'In today's 24-hour, seven-days-a-week world, travellers are bombarded with messages. Hotel loyalty programmes allow companies to break through ... Ritz-Carlton hotels or at the 3,300 hotels in the Marriott Rewards programme. Marriott International is the parent company of the Ritz-Carlton group. In October, the Shangri-La Hotels and Resorts Group ...

  5. Common sense triumphs in Cafe de Coral pay debacle

    Posted Nov 10th 2010, 12:00am by Albert Chen, Albert Cheng

    ... executive on the initial statutory minimum wage rate, to do something that could sabotage the scheme? In order to lessen the impact of the new law on his company, Cafe de Coral chairman Michael Chan ... trying to say that where there's a will, there's a way? Many companies in Hong Kong, especially those in the catering sector, pay workers for their meal time. To make things worse, ...

  6. State firms in global hunt for executive talent

    Posted Aug 31st 2010, 12:00am by Sophie Yu

    ... at 12 top state-owned enterprises. Derided as inefficient and unresponsive, large state-owned companies have been making a big effort to catch up with overseas rivals as they seek to build global brands. Wang Yong, the newly appointed minister of the State-owned Assets Supervision and Administration Commission (SASAC), warned last week that Chinese companies would face more ...

  7. Rusal turns to Russian investors

    Posted Sep 01st 2010, 12:00am by Eric Ng

    ... Eric Ng United Company Rusal, the world's largest aluminium producer, plans to sell Russian depositary receipts later this year to broaden its shareholder base, after it posted ... investor base that did not benefit from the company's listing of its shares on the Hong Kong stock exchange', the company said in a statement. The depositary receipts allow investors ...

  8. First yuan funds likely this year, official says

    Posted Jul 09th 2010, 12:00am by Enoch Yiu

    ... told brokers and fund managers at a Hong Kong Securities Institute function yesterday. Fund companies and brokers are considering launching mainland currency products after Hong Kong Monetary ... investors to transfer yuan funds to brokers and fund houses, a move that will enable companies to make initial public offerings in yuan, while fund houses can sell yuan funds and brokers can trade ...

  9. One man's touch sets off wave of factory strikes

    Posted Jun 30th 2010, 12:00am by Minnie Chan

    ... been eaten up by inflation, while our company still made a profit of US$1.4 billion... Many of us considered going on strike for better pay, but no one had enough courage to take action.' ...

  10. Investors commit 2.6b yuan to Red Star

    Posted Jun 22nd 2010, 12:00am by Staff Reporter

    ... Star's listing. The company had planned to raise at least one billion yuan in either Shanghai or Hong Kong by next year. Red Star operates 66 outlets across the mainland and aims to reach 200 ... compared to 428 in 2008, the consultancy said. Foreign funds now prefer consumer-related companies because they believe the sectors that affect the daily life of the mainland's 1.3 billion ...




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