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  • October 2, 2014
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  1. Tourism, logistics 'key' to job creation

    Posted Feb 23rd 2004, 12:00am by Jimmy Cheung

    ... Jimmy Cheung Continued investment in the tourism and logistics sectors is the answer to Hong Kong's unemployment problems, the finance chief says. But Henry Tang would not predict how ... 'Why don't you do something?' But we can't change reality,' he said. However, investment in tourism and logistics would help create jobs in the catering, hotel and transport ...

  2. HSBC to axe 3,000 Hong Kong jobs

    Posted Sep 08th 2011, 12:00am

    ... and efficiency.' Wong said job reductions, some of which would come through attrition, were being made in Hong Kong because HSBC wanted the bank's regional office to become much more efficient. ... it was not that surprising. But Tse said while HSBC's Hong Kong operations already had impressive cost-efficiency ratios of 43.2 per cent, the bank could save more by moving back offices to the mainland. ...

  3. Low employment rate not necessarily good news for Hong Kong's future

    Posted Dec 30th 2007, 12:00am by Staff Reporter

    ... for the latter. Therefore, even if Hong Kong's economy begins to stagnate, which implies a halt in the creation of job vacancies (meaning a constant total employment figure), the unemployment rate ... the sustainability of the Hong Kong economy has caught the government's attention, and hence measures such as encouraging couples to have babies and importing workers have been implemented to maintain ...

  4. Hong Kong still has trouble attracting talent, says panel

    Posted Jun 01st 2007, 12:00am by Dennis Eng

    ... pointed out that Hong Kong should learn from Singapore,' said government economist Kwok Kwok-chuen. Singapore offers foreigners a temporary employment pass, allowing the holder to work ... and mirror comments by former Hong Kong General Chamber of Commerce chairman David Eldon. He is a staunch supporter of introducing a similar employment scheme, arguing it will significantly enhance ...

  5. Hong Kong's rights

    Posted Sep 12th 2003, 12:00am by Staff Reporter

    ... and ethnic cleansing are severe accusations. No responsible commentator should make such indictments without considering the relevant facts. The correspondent overlooks the fact that Hong Kong ... were against Hong Kong's protectionist immigration policy, which favours workers from Southeast Asia and excludes mainlanders from domestic employment. Imagine the hypothetical analogy ...

  6. In Brief

    Posted Nov 04th 2003, 12:00am by Staff Reporter

    ... in the prison have recently been on a hunger strike to protest over the persecution of the movement. HK Tourism Board predicts slow industry pickup The rebound of the tourism industry in Hong Kong ... Crackdown called for on hiring of illegal workers Regulations should be tightened to tackle the problem of the hiring of illegal workers in Hong Kong, said more than 80 per cent ...

  7. Improving job market puts the focus back on poor English

    Posted May 31st 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan Business groups and executives are concerned that Hong Kong workers are falling behind in their English language skills. As the job market heats up and competition for workers ... 'Obviously, the graduates are excellent here,' said Jackie Ma Lai Bik-lin, executive director of the Hong Kong Federation of Employers. But she added: 'There are many other factors. You can ...

  8. Jobless figure plunges to 7.5pc

    Posted Dec 19th 2003, 12:00am by Kelvin Chan

    ... as the tourism-led recovery strengthens and spills into other sectors. Hong Kong's seasonally adjusted average jobless rate for the three months to November fell to 7.5 per cent from 8 per cent ... the tourism-led recovery is spreading to other sectors of the economy.' The number of people in Hong Kong with jobs rose by 14,400 to 3.217 million last month, the second monthly gain after falling ...

  9. HK economy marks 7 months of growth

    Posted Jan 02nd 2004, 12:00am by Kelvin Chan

    ... Kelvin Chan But survey shows expansion slowing slightly and employment starting to fall Conditions throughout the Hong Kong corporate sector improved for the seventh consecutive month ... of the Hong Kong branch of the Chartered Institute of Purchasing and Supply, which conducts the survey with UK-based NTC Research. Levels of business activity and new orders received expanded ...

  10. Industries slow to use Sars relief fund

    Posted Aug 13th 2003, 12:00am by Ravina Shamdasani

    ... Hong Kong and the mainland, signed in June, coupled with relaxed travel restrictions on mainland visitors to Hong Kong, would benefit the catering, tourism and retail sectors. ... Less than 14 per cent of the $3.5 billion relief fund for those Hong Kong industries worst hit by Sars has been allocated. About 1,450 applications for the low-interest loans totalling ...




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