...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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...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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... 4 2. PROPERTY BUBBLES IN HONG KONG ………………………………….…………….. 5 INFLATION AND INFLATION RATE IN HONG KONG ……………………………….. 10 3. CONCLUSION…………………………………………………………………………18 4. REFERENCES ……………………………………………………………………………..19 5. APPENDICIES …………………………………………………………………………..... 20 Appendix 1 ………………………………………………………………………………… 20 Appendix 2 ………………………………………………………………………………… 21 Appendix 3 ………………………………………………………………………………… 22 Appendix 4 …………………………………………………………………………………23 Appendix 5 ………………………………………………………………………………… 24 Appendix 6 ………………………………………………………………………………… 25 INTRODUCTION Resources and scarcity are the basic elements and tenet of economics, so resources and scarcity are related to human wants and desires. Money and time are the most constantly for the resources and scarcity which are the allocation from the resources and impacting the economically efficiency. Hong Kong has been enjoyed as one of the four dragons in Asia for 30 years with the rapid growth of economy worldwide and globalization, but she also suffers from the worldwide downside of economy due to the poor fundamental and lack of long–run strategies that trigger the existing difficult situation. There have many issues and challenges threatening Hong Kong economy recently, we analysis and evaluate two important problems, (1) Property bubbles in Hong Kong (2) Inflation that impacting Hong Kong economy in the short and middle-term...
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...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 sustainability performance and explain how Hong Kong International Airport (HKIA) continues to support the sustainable development of Hong Kong under emerging capacity constraints. We...
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...abuse of CSSA recently. They regards (or even label) the CSSA recipients are lazy and abusing the CSSA. In the symbolic interactions perspective, the cause of social problem is related to how meaning is created and given to that problematic behavior by the individuals in relation to his/her own self-concept/ interest. That can be explained by labeling theory. I am going to talk about the causes and effects of Labeling of Comprehensive Social Security Assistance (CSSA) Scheme. First of all, the Government starts to create labeling the CSSA recipient for reducing their expenditure or other purposes. In 1998, there is a review on CSSA was done by Social Welfare Department.[1] The review is full of “Having a job is better than none”, “Low wage is better than no wage”,”CSSA should be the last choice” and these kinds of statements against the CSSA recipients. Actually, those negative and misleading messages are continuously spreading to the public by the government by different means from the past to now. Thus, the public have an image that there were many people abusing CSSA, “CSSA feeds the lazy”. As we all know, Hong Kongers believed on self-reliance. When the Government implies that CSSA feeds the lazy, Hong Kong people would have negative feeling on CSSA recipients as their act was against the beliefs of Hong Kong people–self-reliance. Secondly, the Mass Media had helped the labeling act. The reports done by the media about the CSSA recipients are mostly negative, e...
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...were a few disputes during Britain’s colonization of Hong Kong, it is considered to be one of the most calm and civilized occupations in Chinese history. The colonization of Hong Kong first began when “China ceded Hong Kong island to Britain after the First Opium War”. (News) in 1939. As decades continued, the people of Hong Kong along with the independent nation (China) were both affected by this imperialization. Some of these changes had positive effects to Hong Kong’s culture and ways of living, but others had negative effects on the performance of Hong Kong as a nation. Britain had several rationales as to why they imperialized Hong Kong but “the primary motive of British imperialism in China in the nineteenth century was...
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...The Internet censorship in China which is controversial is protested by the netizens by the subtle and sarcastic internet meme. With technological development, the Internet is becoming a free and convenient place for sharing views and information instantaneously due to its virtual nature. However, the freedom of Internet may consequently contribute to the antithesis of social norms and copyright so Internet censorship has been proposed for censoring the Internet. The debate of implementing it has been characterized as either machine politics, to attract the support of staunch anti-pornography, or an extension into cyberspace of the ongoing battle between libertarianism and social conservation. This essay will discuss both the advantages and the disadvantages of censoring the Internet in Hong Kong before giving reasons for the position of disagreement. Social filtering prevents the exposure of information that is antithetical to morals. In different aspects, including the gambling sites, pornographic sites and sites promoting criminal activity, can the authority block to the targeted people. Many studies reveal that the mass media gives more considerable effects than others on themselves (Lee, 2005). Helgadóttir (2014) criticizes that the first emergence of the pornographic information to children in Iceland is when they are eleven. There are a great amount of pornographic material which are being easily accessible on the Internet so wrong perception of sex may be distributed...
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...| Hong Kong and Shenzhen’s Coopetition in Logistics Industry | Assignment 2 – LGT5013 Transport Logistics in China | | | CHAN PUI YUK, SIMON 10670562GFUNG MEI SHAN, JO 10670090GLEUNG TING CHEUNG, VINCE 10609081GLO WING LING, WINNIE 10634888GYIP KIM HUNG, CURTIS 09608879GYUEN MAY YEE, ELSA 10670039G | Executive Summary Hong Kong Port, being the world busiest port for 12 years from 1992 to 2004, is globally well known and this container port industry became one of its vital economic pillars. Such a prosperous development began in 1970s with the boom of manufacturing business activities. The effect on the end of ‘close-door policy’ of China was reflected in early 1990s due to the launching and the rapid development of ports among Pearl River Delta. Hong Kong started to face severe challenges from the neighboring ports, its market share drops significantly since 1997; whereas that of Shenzhen grows rapidly. The goal of this paper is to analysis the current situations of Hong Kong Port and its relationship with neighboring ports in Shenzhen; and to derive possible strategies for Hong Kong to maintain and sustain its competitiveness under these circumstances. Table of Contents Chapter 1: Introduction 1 Chapter 2: Analysis 3 2.1 Hardware 3 2.2 Software 6 2.3. SWOT Analysis 10 2.4 Logistics Synergy (Co-opetition) of Hong Kong Plus Shenzhen 11 Chapter 3: Solutions 12 3.1 Framework Agreement 12 3.2 CEPA 12 3.3 PRD A5 Group 13 3.4 National 12th Five-Year...
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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...
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...DSS 21106 AdverMsing Management Campaign Delsey – Client Team TA1 Cham Ka Yan Polly Chui Tsz Shan Didian Koon Tsz Ling Cuby Lai Paak Ling Paakling Leung Hoi Man Niki Leung Wing Nam Erica Tsai Chi Ho Harold Tse Lai Shuen Sherry Wong Yi Tsang Anna 52214988 52213200 52214349 52235277 52214546 52213574 52215844 52215764 52213629 1 Delsey -‐ Background: • Founded: France in 1946 • Founder: Delahaye Seynhaeve brothers • Name: The company named by the Founder who are Mr. DELAHAYE and the • Slogan: Travel Smart SEYNHAEVE brothers, they combine their name – DELSEY • Head office: France • Business: Delsey Design, an integrated research and creaMon laboratory of 7 designers has implemented a consistent creaMve approach. Delsey designers draw their inspiraMon from a range of rich and unique spheres (as fashion, car and sport industry)...
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...Friday, 13 January, 2012 at 16:21 HKT Content Type: Journals > ... > Company Lawyer Title : Criminal prosecution for insider dealing: a Hong Kong perspective Delivery selection: Current Document Number of documents delivered: 1 Sweet & Maxwell is part of Thomson Reuters. © 2012 Thomson Reuters Hong Kong Ltd. Page1 Company Lawyer 2010 Criminal prosecution for insider dealing: a Hong Kong perspective Rita Cheung Subject: Criminal law. Other related subjects: Criminal procedure Keywords: Criminal charges; Hong Kong; Insider dealing; Prosecutions Legislation: Securities and Futures Ordinance 2003 (Hong Kong) Cases: Hong Kong Special Administrative Region v Ma Hon Yeung Unreported March 3, 2009 (Hong Kong) Hong Kong Special Administrative Region v Allen Lam Kar Fai Unreported July 20, 2009 (Hong Kong) *Comp. Law. 160 Introduction In Hong Kong insider dealing can be defined as the possession and conscious use of confidential price-sensitive information by a person to trade, or unlawfully disclose or procure others to trade, in the securities of the company.1 The most significant step Hong Kong has taken to reform its insider dealing laws2 has been through the enactment of the Securities and Futures Ordinance (Cap.571) (SFO),3 which came to the forefront of the regulation of the securities market in 2003. After 20 years of implementing a civil sanctions only regime, one of the striking innovations of the SFO was the introduction of...
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...The 11 criteria are used by HSBC to estimate which city to stay (Reuters, 2015). “Economic importance and future growth” between these three countries are obvious that Hong Kong is enjoying the benefits of rapid development of Asian countries ($14.9 trillion between 2014 and 2025). From the map, we can see Hong Kong and London has the advantages on “scale of existing HSBC presence” nearly at the same level (figure1, 2, 3). Figure1: Hong Kong Figure2: London Figure3: Toronto Hong Kong rank highest at 7th when UK and Canada is relatively 10th and 13th in the factor of “highly competitive economy” (figure4) (The Heritage Foundation, 2016). Figure4 Long-term stability includes aspects of political, public security and the financial that should be weighted heavier as economics aspect are also be easily affected by a city’s stability. In Hong Kong, “one country, two systems” has obviously weakened these few year. Lee Bo case shows that China government has more control on Hong Kong’s legal systems. London now has the possibility of leaving European Union (EU) by 2017. This might arouse the retreat of capital of some investors as UK might lose the advantages...
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...BUSINESS IN ASIA The way to success or the way to the end HOW TO PLACE THIS PRESENTATION Ucamco Gent (Ex Barco ) www.ucamco.com Dedicated software and hardware for PCB production and development Ucamco Asia Pacific Hong Kong / Shenzhen Mayric LTD ( Hong Kong / Shenzhen ) www.mayric.com trading company ( bags, business relation gifts ) HAVE A LOOK AT NEXT: - Starting up your own company in Asia as company owner - Working for a western company in Asia as employee ( Chinese or Europe contract ) - Working for a Asian Company as Western employee - Major problems working with Chinese staff & - Managing Chinese staff INFORM YOU WHEN HEADING ASIA: BUSINESS WISE What is my product ? How is the market ? Competition ? Expectations ? How big is my Chance ? INFORM YOU WHEN HEADING ASIA : PERSONAL WISE My salary ? Exchange rates ? Expenses ? Social security ? Tax ? Retirement ? Social life ? Family life ASIA BUSINESS WISE BUSINESS TYPE 1 Starting your own company in Asia 2 MAJOR TYPES 1) RO (registered office ) 2) WHOFE (whole owned foreign company) COMPANY TYPES: RO Easy to setup Setup time a few weeks Cheap to setup ( less as 500 euro and no starting capital needed) Can not hire staff Tax rate 11,67% on all activities No Legal power Can not be used to protect IP or whatever company rights COMPANY TYPES: RO Due to the high tax level not used for big activities. Depending the type of business...
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...Poor in Hong Kong Subject: Doing Policy Research Subject Code: APSS 3220 Lecturer: Dr. Chen Juan Student Name: Sai Kwan (10704047D) Table of Content No. | Title | Page | 1 | Abstract and Introduction | 2 | 2 | Literature Review Situation of Working Poor in Hong Kong Introduction to Asset Building Asset Building Policies in Hong Kong Theory of Determinants of Asset Accumulation Conceptual Framework for Determinants on Asset Building Barriers to Asset Building in the US Context | 3 | 3 | Research Objectives, Questions, and Design | 8 | 4 | Research Findings Situation of Asset Building of Working Poor in Hong Kong Barriers to Asset Building of Working Poor in Hong Kong | 9 | 5 | Discussion and Summary | 17 | 6 | Policy Implications | 17 | 7 | Limitation of the Research | 19 | 8 | Conclusion | 20 | 9 | References | 21 | 10 | Appendixes | 24 | 1 Abstract - It is widely acknowledged that the numbers of working poor in Hong Kong is tremendously increasing. This paper looks at the barriers of working poor’s asset-building which haven’t intensively discussed by both the government and academicians in Hong Kong. I conducted survey of 45 working poor and 6 intensive interviews. Results revealed that financial vulnerability, poor social network...
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...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 Road, Tuen Mun, Hong Kong, China H. Kwok (&) Flat S, 11/F., Braemar Terrace, 1 Pak Fuk Road, North Point, Hong Kong, Hong Kong SAR, China ...
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