Business Models

Return of the shareholder

Credit Suisse is hoping a major overhaul will jolt the interests of shareholders and bankers back into alignment. Photo: Reuters

Credit Suisse Group chief executive Brady Dougan said pay for bankers was still outpacing shareholder returns, a dynamic that would change once the bank completed an overhaul of its business model.

Thursday, 21 March, 2013, 5:20am

Marketing scheme cause for concern

It is ironic that promoters of a marketing scheme banned on the mainland can get around the law by drawing tens of thousands of people to visit Hong Kong to sign up for it. To reassure them about the legality of this, a senior instructor tells them that the Hong Kong police even send officers to help maintain order when there are long queues of new applicants outside sales centres.

25 Jul 2012 - 12:00am

Trapped to 'get rich'

A magic lamp promising health and wealth has captured the hearts of tens of thousands of mainland visitors flocking to Hong Kong on 'business inspection trips'.

11 Jul 2012 - 12:00am

'Joining' pyramid scheme is a crime

People who join pyramid schemes could find themselves in court as well as out of pocket under a new law which took effect this month.

Under Hong Kong's 30-year-old Pyramid Selling Prohibition Ordinance, only the masterminds behind pyramid selling schemes - in which participants hand over cash and must recruit more members in order to profit - could be prosecuted.

16 Jan 2012 - 12:00am

Grand recognition for caring company

A safe and reliable gas supply, together with friendly service delivered by frontline staff, is the motto of Hong Kong and China Gas (Towngas) - the grand award winner for Customer Service.

19 Jan 2010 - 12:00am

Continual improvement at heart of policy

The word kaizen, which means improvement in Japanese, is the key to Fuji Xerox (Hong Kong)'s win in the Productivity and Quality category at the Hong Kong Awards for Industries.

19 Jan 2010 - 12:00am

Bank overcomes tough economic environment

The Industrial and Commercial Bank of China (ICBC) is the world's largest bank by market value and winner of this year's China Company Award. Aside from its profitability, 'ICBC has not only effectively controlled risk in a complex and difficult business environment ...

4 Dec 2009 - 12:00am

Trio face fraud charges linked to pyramid sales

Three men involved in a suspected pyramid sales scam have been arrested after false documents were allegedly used to obtain loans to buy fragrance products.

25 Sep 2009 - 12:00am

Word of mouth is the best advertising

Many small and medium-sized enterprises are recognising that a wide network covering a myriad of business and industry sectors is pivotal to helping them enlarge their client base and draw in new business - and it is especially important for start-ups and struggling companies.

8 Nov 2008 - 12:00am

Drive to educate students on pyramid-sales scams

Three government agencies have launched a joint national awareness campaign in an attempt to steer university students clear of pyramid-selling scams.

20 Nov 2007 - 12:00am

Motivating employees to achieve quality service

The path to success usually involves the implementation of a series of consolidated principles over years, if not decades, before rewards can come rolling in. But if these principles are firmly and effectively applied, encouraging results can be achieved earlier than expected.

27 Jun 2007 - 12:00am

Pyramid-sellers held after mobbing police

Scores of members of a pyramid-sales scheme have been held in Baoding , Hebei province , after more than 200 people stormed a police station and injured nine officers on Sunday.

The attack followed a police raid earlier in the day in which officers broke up a gathering of 200 non-locals engaged in pyramid-selling, the China News Service reported.

5 Jun 2007 - 12:00am

United they plan

WHEN REBECCA LAI Chau-chong decided to return to work when her daughter went to university in 2000, she found most avenues closed to her. The fifty-something housewife didn't have special skills, and employers were reluctant to hire her even for general posts.

'They looked at my resume and thought I was too old,' Lai says.

1 Jun 2006 - 12:00am

Frontline staff needed to man busy homeware stores

AS HONG KONG's economy continues to pick up, people are opting to spend their money on improving their living environments.

25 Mar 2006 - 12:00am

FedEx seeks team-playing problem solvers

Individuals with excellent communication and listening skills, who are good team players, customer-focused and good at solving problems may want to consider some challenging roles.

9 Oct 2004 - 12:00am

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