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  • September 19, 2014
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  1. Banks lose shine among local business students

    Posted Jun 28th 2012, 12:00am

    ... for the slide in popularity of bank jobs, although accounting firms and management consultancies surged up the list. HSBC retained its top spot as the most desired employer for the city's business ... for example, saw profit before tax fall US$22 million year on year to US$286 million in the first quarter. Understandably, the 2,473 students polled by Universum lowered their salary expectation ...

  2. Business confidence returns

    Posted Apr 24th 2010, 12:00am by John Cremer

    ... because candidates are prepared to see us and discuss changing jobs. But visibility in our business is notoriously short. If there is an economic scare, recruitment and advertising are the first ... evident in survey responses about general business conditions. Here, 70 per cent viewed the situation in the first quarter as either positive or very positive, and 62 per cent expected the outlook ...

  3. Creaky jobs machine is back in business

    Posted Apr 24th 2004, 12:00am by Andrea Zavadszky

    ... there are more opportunities in management, including financial accounting, planning and forecasting and analysis. Tax experts, business consultants, credit specialists and financial controllers ... number of job opportunities is in the garment industry. 'In logistics, they are fishing for people for business development and sales people with contacts,' said Victor Lai, a managing ...

  4. Bosses make us work overtime off the record, say banking staff

    Posted May 08th 2006, 12:00am by Vivienne Chow

    ... Banking staff say they have been made to work overtime off the record by branch managers. One employee, who gave his name as David and has been in banking for more than 10 years, said some branch managers tried to maintain high profits by asking staff to ...

  5. HSBC may boost region's workforce 5pc despite cuts

    Posted Feb 29th 2012, 12:00am

    ... chief executive Peter Wong Tung-shun. Last year the bank said it would cut 30,000 jobs globally, or 10 per cent of its workforce, as part of plans to save US$3.5 billion in annual costs. In Hong ... be completed by the end of June. He also said the bank would continue to hire in the region as it developed more fee-income and yuan-related businesses. But even as the bank's Asia-Pacific ...

  6. HSBC seeks to sell general insurance unit

    Posted Sep 29th 2011, 12:00am

    ... a number of insurance companies offering to sell its entire general insurance portfolio for about US$1 billion. It has no plans to sell its life and pension business, which is more profitable. ... and branches in order to cut global expenses by US$2.5 billion to US$3.5 billion annually by 2013. Gulliver also said the group's insurance business would focus on 'life, pension ...

  7. HK slows down, but still growing

    Posted Apr 06th 2012, 12:00am

    ... Hong Kong PMI, an indicator of the health of the private sector, was 52 in March, down from 52.8 in February. A PMI above 50 indicates expanding business activity while a reading below 50 indicates contraction. The expansion in Hong Kong last month was the weakest so far this year, said HSBC, adding that firms linked the latest improvement in business conditions to higher client ...

  8. Paternity leave would be 'costly for businesses'

    Posted Jun 22nd 2009, 12:00am by Peter So

    ... Peter So A law introducing paid paternity leave would create difficulties in Hong Kong, such as adding to the operating costs of small and medium-sized enterprises, Secretary for Labour and Welfare Matthew Cheung Kin-chung said yesterday. His comments cam ...

  9. Blame the bottom line, not a bronze lion

    Posted Sep 13th 2011, 12:00am

    ... in London in May, Gulliver had said he would close loss-making businesses and branches as well as reduce headcounts in order to cut global expenses by US$2.5 billion to US$3.5 billion annually ... Gulliver announced his cost-cutting plan. The European debt crisis and the US economic outlook are partly to blame. HSBC's business performance in the US and Europe is not looking good. Among ...

  10. Minimum wage law could lead to closure of some businesses

    Posted Dec 02nd 2008, 12:00am by Staff Reporter

    ... of lower-skilled workers. Spokesmen from various chambers of commerce have already said the extra costs of the legislation would be passed on to consumers. Knowing that local businesses, especially small and medium-sized enterprises, are already suffering from the financial crisis and credit crunch, many are worried that owners of local businesses will lose out. This happened on the mainland when ...




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