Search Results for: hong Kong
10 results out of 961 results found for 'hong Kong'.
AI WILL FORCE ASIA PACIFIC COMPANIES TO DEVELOP LEADERS AND MANAGERS DIFFERENTLY
Workplace automation, including the use of artificial intelligence (AI) and robotics, is expected to surge significantly in the next three years in companies throughout Asia Pacific, but companies and HR departments need to do more to address the transformation, warn experts.…
HK PLAN TO RECRUIT OVERSEAS WORKERS TO TACKLE AGE CRISIS DIVIDES HR COMMUNITY
LOCAL human resources experts have given a cautious welcome to a Hong Kong Special Administrative Region (SAR) plan to attract more foreign labour as part of a solution to dealing with its ageing workforce, but warned further measures are needed to tackle the problem long term.…
ASIAN COMPANIES LAGGING BEHIND WESTERN COUNTERPARTS WHEN IT COMES TO RETAINING KEY STAFF AFTER M&A’S
Asian companies are more likely to lose senior management staff after mergers and acquisitions (M&A) than their western counterparts, a study has found. This, say HR experts in Singapore and Hong Kong, emphasises the need for more sophisticated talent retention strategies in the region.…
CHARLEROI AIRPORT FORCED TO CHANGE PLANS AFTER 500% RENT HIKE
Brussels South Charleroi Airport has has to rethink its development plans after a January 25 ruling in the European Union’s (EU) General Court forced a 500% hike in its concession fee. The court (part of the European Court of Justice) threw out Charleroi’s challenge to the European’s Commission 2004 decision that the EUR3 million annual concession fee that Belgium’s Wallonia Region was charging the airport was an illegal subsidy under the bloc’s state aid rules.…
NEW TAIWAN AIRLINE PLANS TO SERVE NORTHEAST & SOUTHEAST ASIA AIRPORTS
StarLux Airlines, a Taiwanese premium carrier now under development, that hopes to start operations by 2020, is to focus first on short-haul flights to airports in northeast and southeast Asia, the company told Jane’s Airport Review. “We are evaluating all sort of possibilities for the choice of route for the first flight,” it said.…
JAPAN IS NOW USA’S LEADING EXPORT MARKET, BUT WILL POSITION SURVIVE TRUMP’S TRADE ISOLATIONISM?
Japan is now the United States’ leading export market for beef, in value and volume, and largest market for pork exports in value, according to 2017 trade data released by the US department of agriculture (USDA).
In the past calendar year, Japan imported 307,559 metric tonnes of US beef, an increase of 19% year-on-year, worth USD1.89 billion, which marks a 25% increase in value year-on-year from 2016.…
INDUSTRY DEMANDS STRICTER CONTROLS AND SANCTIONS FOLLOWING VEVIBA SCANDAL
BELGIUM must act as soon as possible to restore consumer confidence in the meat it buys from supermarkets following a meat fraud scandal involving Belgian meat trader Veviba, the national Belgian federation of slaughterhouses – FEBEV, the country’s farmers’ union, its meat industry and retailers are saying.…
HONG KONG BUDGET INCLUDES SIGNIFICANT PROFIT AND SALARY TAX CUTS
THE HONG Kong financial secretary has proposed a 75% reduction of profits tax, salaries tax and tax under personal assessment for the 2017-18 assessment year, up to Hong Kong dollars HKD30,000 (USD3,820) per case. In his annual budget speech, Paul Chan also proposed widening tax bands, adding one more (HKD150,000 to HKD200,000); adjusting marginal tax rates for salaries tax; introducing a personal disability allowance; increasing basic, additional child allowances, dependent parent/grandparent allowance and additional allowance.…
EU ROUND UP - UK AND EU FACE UP TO FRAUD FIGHTING CHALLENGES IN POST-BREXIT WORLD
THE UK and the European Union (EU) have started debating in detail future cooperation on fighting cross-border crime following Britain’s formal exit from the bloc on March 29, 2019. The European Commission, has released a draft withdrawal agreement – the focus of subsequent talks, sparking another details paper indicating what Britain has signed up to, and what it still under discussion.…
FACING LABOUR SHORTAGE, HONG KONG VOCATIONAL SCHOOLS COMPETE ON STUDENTS
HONG Kong tertiary education suppliers are recognising the need to ensure vocational skills are integrated into their courses, as the territory faces up to a skill shortage “epidemic”, highlighted by employment surveys.
One – released last September (2017) by Hong Kong based think tank, the Bauhinia Foundation Research Centre, that polled 2,493 parents and students, found that a high proportion of university graduates did not match the labour market needs.…