Fundamental shifts in technology, business and society have no doubt changed the way we make buying decisions. Social networking sites in particular have turbo-charged three basic human needs: to communicate, to collaborate and to create. No one, from the consumer on the street to the corporate customer, is immune.
Traditionally, the events and exhibitions industry in Hong Kong has been more focused on being business-friendly than being eco-friendly. However, in the last few years, this status quo has begun to change rapidly, as the idea that business and green values can coexist and indeed, create new and profitable synergies.
Despite today's economic uncertainties, global mobility remains integral to the way businesses operate. Multinational companies must grapple with the challenge of increasing the number of international assignments while managing costs.
More than a third of workers in Hong Kong would like more paid leave – it's the second most wished-for work-life initiative, behind flexible working.[1]Women in particular wish for extra paid leave (34.4%, against 31.4% of men).
As the 9th largest trading economy in the world, Hong Kong has a highly sophisticated infrastructure to enable workers to work efficiently and seamlessly.
‘Big data’ is all the craze at the moment where multinational corporations are cleverly making use of the data they have collected about consumers to pull actionable insights.
Work places have become more diverse than ever, as employees push back their retirement and companies look to foreign talent to fill skills shortages. These vast generational and cultural differences present a new set of challenges to leadership.
With billions of dollars worth of transactions taking place across the globe every day, financial institutions are a goldmine for cyber-criminals, if their systems are breached.
The Hong Kong Monetary Authority (HKMA) recently highlighted a number of ‘warning signs’ that the territory’s economy was in danger of over-heating. Rising levels of household and an accompanying surge in consumer spending have, according to the HKMA, left the economy worryingly exposed to increases in interest rates.
Customer loyalty is a hugely important topic for Hong Kong businesses, yet it is often overshadowed by other, more high profile issues. But think about it for a moment: loyalty is the most accurate tool to determine whether your business is ‘doing it right’.
Hong Kong is a country of diverse cultures, emerging trends, and an unrelenting desire to learn. Yet despite this, many eyes, including those within Hong Kong itself, remain firmly pointed towards the West when it comes to innovation.
The number of mobile internet devices is set to outnumber humans by the end of this year. There'll be more smartphones and internet-connected tablets and monitors than there are people on the planet. The prediction is especially amazing when you think that 3G – already fairly old news – is just over a decade old.
On July 10, 2013, the Hong Kong Legislative Council moved to enable Hong Kong to enter into stand-alone Tax Information Exchange Agreements and, more importantly for U.S. persons who have financial accounts there, to sign an “intergovernmental agreement” (IGA) with the U.S. for implementation of the Foreign Account Tax Compliance Act (FATCA).
Hong Kong and the rest of the world are becoming increasingly connected electronically, expanding markets and reducing the inefficiencies of doing business across borders. Services can be hosted anywhere and customers served can be from anywhere as the Third World catches up to the First World’s broadband penetration and narrows the digital divide.
Read Here
Advertise
Sign Up
Commentary
The ultimate guide to leaving work behind when you go on holiday
The ultimate guide to leaving work behind when you go on holiday
What Hong Kong can do about trade credit and bank finance risk
The role of content marketing in studying your clients' buying decisions
4 ways on how to make your event eco-friendly
How the 'local plus' approach can cut costs of expat staff in Hong Kong
Workations: Lessons from working on a holiday
Plugging the leaks in Hong Kong's workplace inefficiencies
The most undervalued tool in Hong Kong’s marketing scene
Tips on how to protect your business in Hong Kong
5 ways Hong Kong firms can attract and retain a diverse talent
How to protect Hong Kong banks from information heist
The checks and balances on Hong Kong’s credit commitments
How to gain customer loyalty and make it your business' advantage
5 reasons why equity crowdfunding is good for Hong Kong Investors
Is tech good or bad for Hong Kong's work-life balance?
The crucial implications of FATCA for U.S. Citizens in Hong Kong
What can DDoS do for Hong Kong businesses