Search Results for: hong Kong

BY KEITH NUTHALL
THE EUROPEAN Investment Bank (EIB) has lent Scandinavian 3G mobile project Hi3G Swedish Krona (SEK) 1,800 million (Euro 197.5 million), welcoming the initiative as “one of the first stand-alone UMTS networks to be developed in Europe by a new entrant”.…

BY EDWARD PETERS
THE PAST decade has seen China grasp an increasing share of the world’s cosmetic packaging industry. Low production prices and international manufacturing standards — to say nothing of an increasing appreciation of the beauty business — have all contributed to the People’s Republic upping its packaging profile.…

BY MONICA DOBIE, ALAN OSBORN and MARK ROWE
SENDING employees abroad or setting up overseas branches always take some preparation and maybe the most important job is taking care of workers’ health needs. Not only must local employment laws be followed, but companies must ensure that they can manage the alien health risks faced abroad.…

BY PHILIP FINE

HONG Kong, China, Poland, Japan, Malaysia, Singapore and South Korea are among 18 countries restricting US poultry imports, after four American states – Delaware, New Jersey, Pennsylvania and Texas – discovered cases of a new variant of bird flu.…

BY SWINEETHA DIAS WICKRAMANAYAKE
HONG Kong airport Chek Lap Kok’s second largest cargo handler Asia Airfreight Terminal (AAT) is to spend HK$1.5 billion (US$192 million) to double its capacity.

The company has appointed architects and engineering consultants to compete detailed expansion plans because the it is nearly using all of its current designated annual handling capacity of 500,000 tons.…

BY EDWARD PETERS
The year of 2003 started with a whimper in Hong Kong but ended with a bang as far as book sales were concerned. Battered by Gulf War II and nearly shut down by SARS, the city bounced back at year’s end with customers lapping up everything from self-help to science fiction.…

KEITH NUTHALL
CHINESE supermarket chain Wumart has secured the support of the World Bank’s International Finance Corporation (IFC) in its drive to expand, establishing10 hypermarkets, 32 supermarkets and 152 convenience stores in China over the next two years. The IFC is to invest US$6.5 million in Wumart Stores Inc, supporting its international offering on the Growth Enterprise Market of the Hong Kong Stock Exchange.…

BY MARK ROWE
THE MALAYSIAN Textile Manufacturers Association has warned that the country’s branded clothing industry could become extinct within 10 years because of the oncoming removal of the export quota system under the WTO’s Agreement on Textiles and Clothing. It particularly fears that this liberalisation will allow China, with its low labour costs, to dominate global export markets.…

BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…

BY KEITH NUTHALL
HONG Kong is free of the chicken flu that devastated its poultry industry last year, say Office International des Epizooties documents. Only five outbreaks of avian influenza virus strain H5N1 were detected in Hong Kong during December 2002 and this January and no further cases have been detected since January 31.…