...SR CLP Power HK Limited is one of the two power suppliers in Hong Kong. It established in 1901 which has over a century experience for providing power and serving to Hong Kong people. The 3 categories of CLP business are electricity generation by using renewables, natural gas and coal, electricity transmission and electricity supply to over 5.5 million people in its supply area. The CLP is successfully expanding the business developments into Chinese Mainland, Australia, India, Southeast Asia and Taiwan; it has become one of the leading power companies across Asia now. The CLP obtains its philosophy of customer-oriented for providing highly reliable electricity to customers by world-class power supply in Hong Kong. The mission of CLP is to produce and supply energy with minimal environmental impact to create value for shareholders, employees and the wider community. In 2010, the CLP was awarded The Standard Award for Best Retention Strategies by Key Media, HRM Awards. The voluntary turnover rate of CLP is 3.1% in Hong Kong in 2010, it is the lowest rate in the businesses of other countries and a lower rate compared with many organizations. How can the CLP sustain its company in low turnover rate in Hong Kong? The followings are the reasons that we analyzed through the research findings on successful retention strategies in different human resources aspects. Throughout the corporate social responsibility in community, the CLP can build the positive image. The positive image...
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...overlooked in the fight against poverty — the working poor. One of the most important measures, and surely the most widely applauded, is the proposed Low-Income Working Family Allowance for working families earning only subsistence incomes despite their gainful employment. The program will cost taxpayers HK$3 billion in its first year — 2015. Details will be coming in the next month or so and then will come the public discussion. Even before the complete details are revealed, however, experts already are saying the government has not gone far enough to assist society’s most vulnerable. About 710,000 people fall under the scope of the latest proposals aimed at ameliorating poverty. Among them are 180,000 children, living in 200,000 households. Nearly half of those households, some 92,400, show earnings falling below the poverty line, which is set at half the city’s median income. Means test The entitlement entails a formula including family income, working hours and the number of children in a family. There will be a means test. A household comprising only two adults — whose income between 50-60 percent of the medium income figure — likely would receive no more than HK$300 a month, while a...
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...Abstract The high poverty incidence is a problem of many countries that needs immediate attention. The government is expected to be taking measures on this issue. In addressing this situation, regulations should be passed. There is a need for an evaluation of the effectiveness of such solutions. This paper will tackle the poverty situation as it exists in the city of Hong Kong. Focus is on leading factors that cause poverty. An assessment of the effectiveness of the programs being implemented by the government is made. Some reports show that in general, the government’s actions are not sufficient to eliminate poverty. They also suggest that the existing ordinances only to serve as temporary remedies. Key words: poverty, absolute poverty, strategies, poverty threshold Social Security and Sources for Social Welfare Introduction What is poverty? There is a dilemma on how the concept of poverty is defined. In fact, there is no single universally accepted definition of the term since the situation varies widely across different countries. People coming from different places proposed their perspectives on the meaning of poverty. They present varying ideas on poverty, but they have something in common. One view is that the term poverty is something that restricts a person’s freedom. It is also seen as a limitation to acquire the necessary resources enough to live a normal life. Another view is that poverty is a situation that strips...
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...1. Event list in HK. * University Events * Wine tasting events * Join a swimming club * Join a gym * Take part in volunteering 2. Three news in financial planning (the importance in HK) * http://www.scmp.com/news/hong-kong/article/1657271/insurance-company-targets-elderly-hong-kong-new-health-insurance 3. Question list about how to approach someone. Job/career | Family | Personal Goals | Financial Status | What’s your background? | How big is your family? | How satisfied are you in work? | How do you finance your current expenses? | Where do you work? | Are you staying with your family? | Where do you see yourself in the next five years? | Total number of family members working in HK? | Which place do you work? | Any children if married? | What are some of your learning goals for this year? | Does your organisation sponsor any of your living expenses? | Since how long are you working? | How long family is staying here? | What are your favourite things to do in the past? What about now? | How often do you travel? | What is the growth in your company? | How many dependents? | What are your hobbies? | Do you own a home in HK? | How is the working environment? | What plans you have for your children’s future? | Any short term goals for the next one year | Do you have any debt obligations? | Do you have supportive colleagues? | | Have you ever thought of supplementing your retirement? | | | | | | Approach to know...
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...1.) What difficulties—from retiring baby boomers in the United States to a graying China, to the massive overhang of Europe’s elderly—can private corporations, governments, and other sectors expect as the aging revolution unfolds across the globe? How will changing demographics affect workforce composition? Retirement age? Pension outlays? Taxation? Immigration? Economic growth? How can governments, corporations, and nongovernmental organizations work together to address these issues? China is expected to lower production rates as people seem to be getting older and the amount of children that people can have in controlled and kept down to 1 per couple. With the population of China decreasing, the amount of workers will also decrease which will lower the amount of products that China is able to produce for the world. Since the 90s we have been seeing a decrease in the labor force. According to Rafferty (2014), retirement age is said to increase in China from 55 to 60 for women and from 60 to 65 for men to keep up with other nations which would allow more products to be created. The decrease in population will also decrease the economy. The families which only have 1 child, only underscores the challenge of supporting the growing numbers of elderly Chinese (Wang, 2010). This means that only 1 child will be the one supporting two parents at the same time. This will bring many other issues for that child’s economic growth. Laws in China require the child to support the parents...
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...parents or grandparents who did live or have lived past 60, raise your hand please. Ok, you are the people who may find pratical value in my speech. I believe the rest of you still find my speech enchanting. BACKGROUND Thanks to our medical and scientific advancements, our lives are getting longer. Nowdays, we have to face the cruel reality that we now have more old people and fewer young people than at any time in the past. That means that all those old people are more of a burden on the few young people, and that each old person has less individual value. Every year, it is estimated that 4 million elderly Americans are victims of physical, psychological or other forms of abuse, according to American Psychologycal Association. In HK, there were 454 elder abuse cases from January to September 2014. As Gail Donor, the chairman of Ontario’s Long Term Care Task Force points out: ”Our whole society does not value elders – we’ve started to think of elders as ‘takers’.” Hence, age discrimnation is everywhere. Older people are at a big disadvantage in job applications. Some employers believe that older workers are not as nimble as younger ones. Meanwhile, they're at a big disadvantage in hospitals. American hospitals have an explicit policy called age-based allocation of healthcare resources. That sinister expression means that if hospital resources are limited, for example if only one donor heart becomes available for transplant, American hospitals have an explicit...
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...J Fam Econ Iss (2012) 33:231–249 DOI 10.1007/s10834-012-9302-7 ORIGINAL PAPER The Generation Y’s Working Encounter: A Comparative Study of Hong Kong and other Chinese Cities Hong-kin Kwok Published online: 7 March 2012 Ó Springer Science+Business Media, LLC 2012 Abstract Understanding the encounter of different generations may be a determining factor in the success of organizations. In order to have a clear understanding about the new generation, this article examines the working encounter of Generation Y. Generation Y in the Hong Kong Special Administrative Region and four cities in mainland China were studied. How the social environment influenced their attitudes and behavior in work and geographical mobility, and how geographical mobility created problems to the migrants were studied. We find that the Generation Y in Hong Kong is facing more competition than the Generation Y in mainland. In geographical mobility, most of the respondents accept geographical mobility. The findings provide some insights on how the social environment shapes the generation. Keywords China Á Generation Y Á Geographical mobility Á Globalization Introduction Nowadays, human resource managers and owners are becoming interested in how to recruit, manage, and work with people from different generations in the workplace. Understanding the attitudes of different generations will be H. Kwok Department of Sociology and Social Policy, Lingnan University, 8 Castle Peak...
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...Asian J Gerontol Geriatr 2012; 7: 59–63 Policy implication and the way forward WM Chan FHKAM(Community Medicine) Elderly Health Service, Department of Health, Hong Kong SPECIAL ARTICLE Correspondence to: Dr Wai Man Chan, Elderly Health Service, Department of Health, Hong Kong. E-mail: w_m_chan@dh.gov.hk ABSTRACT Care for the elderly was one of the 3 main policy objectives of the Hong Kong Special Administrative Region in 1997. Many policy initiatives have been introduced in terms of financial support, better housing, and long-term care services. For active ageing, an innovative project known as the ‘Elder Academy’ aimed at promoting intergenerational cohesion, which is now under threat owing to changing social patterns. With the rapid increase in the number of ‘old-olds’, more resources on dementia care, community support, professional staff development, carer training, and coordination of care are necessary. In terms of financing, shared responsibility is the only viable option. In the 2012-13 budget speech, a pilot for community care service voucher as a means of promoting ageing at home was announced. As the coming cohorts of elders are more affluent and knowledgeable, they tend to be healthier and have different demands and expectations, such as independent living with better quality of life. The private sector may explore the markets of community care services and elder-oriented products. To meet the emerging needs, a holistic approach should be adopted, with modifications...
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...Poverty and Social Security in Hong Kong – Not at All Easy Hong Kong undoubtedly is an important financial centre in the world. Citizens are proud when they compare the GDP per capita between Hong Kong and other advanced countries and find they are of those most privileged in the globe. Despite its excellent economic advancement, the problem of poverty is prevalent among the labour class who live in the lower part of the socioeconomic pile. In fact, poverty in Hong Kong is no less serious than that in many developing of developed countries, no matter in terms of absolute or relative poverty. In the paragraphs below the extent of poverty in Hong Kong would be examined in terms of the trend and size of the poverty population and the effect of poverty. It will be followed by an analysis in the government’s reaction towards the poverty population, which is the social security system today. Ultimately, the effectiveness of the attempt to tackle poverty would be assessed. What Indeed Is Poverty in a Large City, Specifically in Hong Kong? Some people may underestimate the poverty which a city faces. Presumable they are still able to at least feed themselves, and this is already far better than the situation in some developing countries. However, when we investigate and compare poverty in both places after drawing up a definition, one would find poverty in cities not as easy as they presume. The definition of poverty has been a long debate between scholars of social policies...
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...the majority of the 1.5 billion people living on US$1 (HK$7.79)2 a day or less are women.3 There is a consensus among nations that the gap between women and men caught in the cycle of poverty has widened in the past decade, which is now referred to as "the feminization of poverty". In fact, the Platform for Action adopted by the Fourth World Conference on Women, held in Beijing in 1995, identified the eradication of the persistent and increasing burden of poverty on women as one of the 12 critical areas of concern requiring special attention and action by international communities, governments and civil societies. 1.2 There has been an increase in the number of female-headed households due to divorce, widowhood and other reasons. Female-headed households do not have income from male earners and the single mothers have to fulfil both the roles of an earner and a carer. Therefore, these female-headed households bear a higher risk of living in poverty. More importantly, unless the economic status of these women improves, the accompanying problem of child poverty cannot be properly tackled.4 1.3 Poverty is a multi-dimensional problem. While some causes of poverty are common to both men and women, some apply specifically to women. These particular factors are discussed in the following section. 1 2 3 4 Bellamy & Rake (2005a) and United Nations Development Fund (2005). The average exchange rate of US$ to HK$ for 2004 was US$1 = HK$7.788. The United Nations Department of Public Information...
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...in the Mainland and Accelerate our success Grow and enhance our Hong Kong core businesses corporate citizen reputation Strengthen our Hong Kong internationally Sharing Our Annual Report 2012 Growth Sharing Our Growth We continue to grow and enhance our core businesses in Hong Kong, while at the same time accelerating our expansion in the Mainland of China and overseas through sharing our expertise in developing sustainable communities based on rail transport. In support of these goals, we are strengthening our Hong Kong corporate citizen reputation by listening and responding to the voices of Hong Kong people. In our Annual Report, we share our progress with stakeholders, and outline our plans for the future. Contents 02 04 06 08 12 23 24 26 40 46 58 66 72 78 84 86 88 MTR Corporation in Numbers – 2012 Hong Kong Operating Network with Future Extensions MTR Corporation at a Glance Chairman’s Letter CEO’s Review of Operations and Outlook Key Figures Key Events in 2012 Executive Management’s Report – Hong Kong Transport Operations – Hong Kong Station Commercial Business – Hong Kong Property and Other Businesses – Hong Kong Network Expansion – Mainland and Overseas Growth – Human Resources Financial Review Ten-Year Statistics Investor Relations Risk Management 89 90 94 112 116 124 125 153 154 155 156 157 158 159 160 161 240 Sustainability Corporate Responsibility Corporate Governance Report Remuneration Report Board and Executive Directorate...
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...Disease Trends and the Delivery of Health Care Services HCA/240 December 1, 2013 Lorie Larson Diabetes is not only a disease, it is a deadly disease. Countless number of people has died from this disease worldwide, and many of which died right here in the United States of America. Learning about diabetes and getting tested early will definitely help with the number of expected cases and death. Being aware of this deadly disease and trends has definitely impacted our society in a good way. In today’s society, the health care systems have highly developed by prolonging life expectancy and quality of life, but prolonging one’s life expectancy has not come cheap for healthcare or easy. Diabetes mellitus occurs when the body cannot produce or respond appropriately to insulin. Insulin is a hormone that the body needs to absorb and use glucose (sugar) as fuel for the body’s cells. Without a properly functioning insulin signaling system, blood glucose levels become elevated and other metabolic abnormalities occur, leading to the development of serious, disabling complications (www.Healthypeople.gov ). The 3 common types of diabetes are Type 1 which is the results when the body loses its ability to produce insulin, type 2 which is the results from a combination of resistance to the action of insulin and insufficient insulin production, and the third type of diabetes is Gestational diabetes, a common complication of pregnancy. Gestational diabetes can lead to prenatal complications...
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...National Arts Holdings Limited (Hong Kong Listed Code:8228) 1 Company Information National Arts Entertainment Limited (HK) National Arts Films Production Limited (HK) National Arts Advertising and Promotions Limited (HK) Head Return Limited (Theme Park Management) Expand Pacific Limited (Hotel Management) 2 Company Information Mainly focus on Hong Kong and China market We started our Film Production and Artist Management business since 2008 and got successful results. In the future, we shall continue developing international and diversified cultural, film and tourism industries. Our company has begun the development of scenic spots and hotel projects in recent years. 3 Company Information – Film Production Our Chairman, Mr. Checkley Sin Kwok Lam, is the producer of Ip Man movie series. His recent production ‘The legend is born – Ip Man’ received world recognition, several awards and nominations: In the 30th Hong Kong Film Award in 2011 • The nomination to compete for the Best New Artist (Mr. Dennis To) In the 13th Shanghai International Film Festival in 2010 • The nomination to compete for the Best Movie • The nomination to compete for the Best New Artist (Mr. Dennis To Yu Hang, Our Artist) • The award of the Best Supporting Actor (Sifu Ip Chun, the son of Grand Master Ip Man) 4 Company Information – Artist The nominations to Mr. Dennis To by his first two movies The legend is born - Ip man and...
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...ORIGINAL INVESTIGATION Benefits of Influenza Vaccination for Low-, Intermediate-, and High-Risk Senior Citizens Kristin L. Nichol, MD, MPH; J. Wuorenma, RN, BSN; T. von Sternberg, MD Background: Vaccination rates for healthy senior citizens are lower than those for senior citizens with underlying medical conditions such as chronic heart or lung disease. Uncertainty about the benefits of influenza vaccination for healthy senior citizens may contribute to lower rates of utilization in this group. Objective: To clarify the benefits of influenza vaccina- tion among low-risk senior citizens while concurrently assessing the benefits for intermediate- and high-risk senior citizens. Methods: All elderly members of a large health maintenance organization were included in each of 6 consecutive study cohorts. Subjects were grouped according to risk status: high risk (having heart or lung disease), intermediate risk (having diabetes, renal disease, stroke and/or dementia, or rheumatologic disease), and low risk. Outcomes were compared between vaccinated and unvaccinated subjects after controlling for baseline demographic and health characteristics. Results: There were more than 20 000 subjects in each pitalizations (P .001), a 32% decrease in hospitalizations for all respiratory conditions (P .001), and a 27% decrease in hospitalizations for congestive heart failure (P .001). Immunization was also associated with a 50% reduction in all-cause mortality (P .001). Within the risk...
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...SUSTAINING OUR CAPACITY Addressing Emerging Constraints Sustainability Report 2013/14 Contents About this Report Message from the Chairman Message from the CEO HKIA: Sustainability at a Glance About Airport Authority Hong Kong Our Approach to Sustainability Stakeholder Engagement Sustaining HKIA’s Economic Contribution Delivering Operational and Service Excellence Managing our Environmental Footprint Supporting our People and Community Looking Forward Performance Indicators Verification and GRI Check Appendices Glossary Website Index 1 2 4 6 8 10 16 20 24 36 46 54 56 63 65 68 69 AAHK received a number of awards and recognition during the reporting period. Details are set out in the ‘Appendices’ section. TTG’s Travel Hall of Fame Airport Carbon Accreditation Scheme 2013-2014 28th Asian Freight and Supply Chain Awards Hong Kong Awards for Environmental Excellence Green Office Awards Labelling Scheme Sustainability Report 2013/14 UNMDG ‘Better World Company’ 2012-14 Social Capital Builders Award Caring Organisation 5 Years Plus Web Accessibility Recognition Scheme 2014 About this Report 1 ABOUT THIS REPORT Report Profile This is Airport Authority Hong Kong (AAHK)’s second annual sustainability report, covering fiscal 2013/14, ended 31 March 2014. As a statutory organisation, AAHK recognises its responsibility to be transparent about its performance and operations. This report aims to provide a reasonable and balanced view of AAHK’s...
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