Hong Kong is one of the top international business, trade and financial hub drive of China. Building on its traditional free market economic policy, Hong Kong has developed into a modern, vibrant and cosmopolitan services economy, underpinning the role of the city as a global business platform.
The Hong Kong government will continue to pursue closer integration with the Chinese mainland in terms of the flow of people and resources, notably through the Closer Economic Partnership Arrangement. Hong Kong’s lead over mainland China’s financial centres, including the largest of them, Shanghai, will be maintained in the forecast period owing to its superior infrastructure, strong regulatory environment and skilled workforce. Logistical ties with Guangdong province on the mainland will be strengthened.
With all the golden opportunities in the future, why not set foot and relocate to Hong Kong? Hong Kong has a high demand for professionals and experts on many industries and positions. Employing approximately 3.5 million people in such a small city and with about 3 million employed within the service industry.
Special Projects (esp. industrial & food products)
The Hong Kong income tax standard rate of tax is 16% (2008). Allowances for single parents, married couples and for the number of dependent children reduce the taxable amount from the total of salary.
Try your luck and start applying for jobs from Hong Kong! Once you’re a successful candidate, employment visa is easy to apply. Here are the information in order to process an employment visa:
¨ Copy of Passport
¨ Photograph (not larger than 55mm x 45mm and not smaller than 50mm x 40mm)
¨ Personal information
¨ Address
¨ Contact number, fax
¨ Marital status
¨ Current employer
¨ Any family member who will be accompanying
¨ Working experience and education background
¨ Sponsor information
¨ Position offered to Applicant
¨ Job Title
¨ Monthly salary
¨ Intra-company transfer
¨ Benefits
¨ Job Duties
Popular recruitment website in Hong Kong are:
http://www.jobsdb.com
http://www.careertimes.com
http://www.classifiedpost.com.hk
Good luck on your future career path!
Availlive – A Freelance and Service Outsourcing Platform
The financial crisis from which the entire world has to suffer, didn’t give the Hong Kong real estate market a break. At the real estate agencies around the city, prices have dropped 20 percent in November 2008 and this will continue in 2009 furthermore. Growing public expectations of a repeat of a 2003 slump, when the outbreak of severe acute respiratory syndrome (also known as SARS), ravaged the entire Hong Kong economy, prompted Sun Hung Kai Properties to predict last week that prices would rebound 5 percent in 2009. Lee Shau-kee, the chairman of the Henderson Land has a different opinion as he stated that the bad times have past for the Hong Kong real estate market and he also added that the worst of the world economic slowdown was yet to come. On the contrary, Stephen Riady who is the president of Lippo Group stated: “I think Hong Kong will probably go down much more. It’s a very volatile market. It’ll go down more than Singapore”.
At the end of November 2008, a Reuter’s poll of analysts showed that the apartment prices in Hong Kong will go down 20% by the beginning of 2010 just like the prices from Singapore will go down by 21%. Even worse than that, a brokerage house specializing in derivatives called GFI Colliers stated the Hong Kong real estate prices will hit rock bottom in December 2009 when the prices will be -25% in comparison with the present prices. The vice-president stated that many landlords (starting from small to big ones) wanted to switch to cash but the prices continued to go down because they couldn’t find any buyers for their homes and banks were requesting down payments between 30%-40% compared to only 10% which was in the prior crisis period.
Beek said that: “Some are off-loading at 30 percent discounts, but struggling to sell” and “Many buyers think they might as well wait another four or five months for prices to come down more”. The Hong Kong real estate transactions reached a 17-year low in November 2008 – down almost 87% in value from 2007. The entire territory is in recession, not just only the real estate domain; exports reached unprecedented minimums due to the continuous weakening global demand. Fully dependent on the financial industry, many people are facing large-scale job cuts at hedge funds and investment banks.
Another punch taken by the real estate market was when the mortgage rates were increased by the Bank of China Hong Kong and HSBC. An analyst at CLSA by the name of Nicole Wong affirmed that she expects that the residential prices will go down by 15% in 2009. She also stated that real estate outperformed the Hang Seng index when home prices slid in 1998 and 2001, and said that Sun Hung Kai, Henderson and Sino Land had value.
All things considered, the situation isn’t very good for the Hong Kong real estate market but hopefully in 2010 the situation will get back on a normal track not only for Hong Kong but for the entire world because the crisis affects each and everyone.
A significant historical museum that is home to numerous artifacts of one of the most important forces in the country is the Hong Kong Police Museum. This noteworthy museum originally stood in the Police Headquarters and is now located on Coombe Road in the previous Wan Chai Gap Police Station. The Police Historical Records Committee which was founded in 1964 became the forerunner to the museum. Their considerable collection of objects found on the job led to the creation of what today stands as an important reminder of the past with its exhibits totaling more than 600 displays.
The museum can easily be explored as it is divided into 4 specifically themed galleries that will leave you spellbound with its historical items. You can start by viewing the Orientation Gallery which holds articles such as old photographs, archives, police uniforms, equipment that was used on the job and firearms. Significant exhibits here include counterfeit bank notes and the head of what was known as a ‘Sheung Shui Tiger’ that was shot in 1915 after initially murdering a policeman. Next, visitors can move on to view items from Hong Kong’s narcotic problem through its displays of duplicated drugs, drug smoking and trafficking equipment in the Triad Societies and Narcotics Gallery. This particular gallery holds witness to the activities, beliefs and traditions of these notorious Triad groups.
The history of Hong Kong which is closely linked to the police force can be explored in the Police Then & Now Gallery. This gallery holds exhibits that display the evolution of the Police Force in the last 160 years and its impact on the country’s history as a whole. Tourists can lastly move on to visit the Current Exhibition Gallery. This unique and interesting section of the museum changes its exhibits over a period of time, and has carried displays relating to topics such as “The Marine Police” and “The Police Uniform”.
A visit to this amazing museum would be an eye opener to many person regarding the important role of the police force in Hong Kong and its incredible historical perspective. Tourists looking for a luxurious base to explore the city and visit its attractions can stay at the Langham Place Hotel Hong Kong. Amid the many hotels in Hong Kong, it is a preferred choice among visitors due to its elegant setting and location.
Pushpitha Wijesinghe is an experienced independent freelance writer. He specializes in providing a wide variety of content and articles related to the travel hospitality industry.
Brooke’s father interviews Allison for a job opening he has, but she is stunned when she finds out it is overseas. Little does she know, it’s a plot by Brooke to get her out of Billy’s life. Season 3: Kiss Kiss Bang Bang (5/8/95)
Morning of 8th February 2009 was the morning marked by the Hong Kong Marathon organized by Standard Chartered Bank. This is the annual race held in February in Hong Kong. There is a full marathon, half marathon and a 10 km race marking the Standard Chartered event. Marathon being the hallmark of perseverance and unity did a splendid job in bringing the Hong Kong city together.
The number of runners participating in the Standard Chartered Marathon this year was a historic total of 55,000 runners. Although marked by the highest number of runners all time was the number of darters who got hurt which was 371 in count.
Winner of Hong Kong Marathon 2009 men’s race was Cyprian Kiogora Mwobi setting a new record on Sunday. He finished the entire 42.195 kilometer race within the span of 2 hrs 14 minutes and 57 seconds which is pretty remarkable of an achievement. The winner under the women’s title was Winnie Frida Kwamboka Nyansik who led the race from the starting line to the glorious finishing line within 2 hours 41 minutes and 25 seconds. Both the winners of the Hong Kong Marathon were from Kenya this year.
There were few intriguing finishes from the Philippines runners Sunday morning during the marathon:
Finishing 5th in the league of Men’s marathon was Eduardo Buenavista, setting a record of the first non-African to reach the finish line with the clocked time of 2:18:53. He was trailing by Cyprian Kiogora Mwobi of Kenya by 4 minutes. Also among the top 20 in the women’s league of Half Marathon was Luminas Liezel who set across the finish line within 1 hr 32 minutes and 36 seconds.
The Standard Chartered Marathon this year was by far the most interesting one marked by several engrossing events like this 35 yr old Choi Tat-ming who finished the 10 km race in less than 35 minutes and then took the MTR to start off with another race of the half marathon and finished 10th among the runners of his age group.
Fishing for more grapevine news? There have been Chinese rumors that boyfriend of Joyce Cheng, who is the daughter of famous actress Lydia Shum was the winner of 10 km race who set his foot across the distinct finishing line within 34 minutes and 15 seconds.
No event is outright over till there is something negative to gossip about and this years Hong Kong Marathon was no exception. There were few qualms regarding the way the refreshments were being taken care of. In totality there were about 70,290 bananas, few 80,600 chocolates and energy bars and 57,525 pears in the edibles and 95,000 litres of water to quench their thirst. There was mismanagement recorded because not every runner went out happy with the supply of refreshments.
But nonetheless, Standard Chartered Hong Kong Marathon 2009 was an accomplishment worth registering and looked upon with pride & glory.
This is a fashion show of Hong Kong University Space held on Nov 1 2006. Designer: Kenny Li Location: Hong Kong Job: Graphic Designer & Fashion Designer Email: kenny@beeline.com.hk
With more than 250 islands, Hong Kong is the special administrative region of China. Earlier a British colony, Hong Kong became a part of China in 1997, under a special agreement. Hong Kong has now become one of the prominent economies of the region.
Since an ex-British colony, a strong westernized influence is prevalent in Hong Kong’s culture. Al though, the majority of population of the city is the Chinese, the area does have a significant contingent of other nationals including Americans, Australians, British, Canadians, Japanese, and Koreans, as Hong Kong offers a great stop for Western business firms who want to crack the local market. Further, the liberal tax system has attracted many Expats to fill employment options in the region. Hence, it is no wonder why property market is booming in Hong Kong.
Among the accommodation options available in Hong Kong, perhaps the most sough after one is apartments. An apartment in Hong Kong is a self contained residential unit, which is mostly a part of a large building or property. For many reasons, both expatriates and natives choose to live in Hong Kong apartments. Perhaps the most important reasons are convenience and lifestyle it renders.
Another prime reason to choose apartments as dwelling place is that it allows to live in an environment of sophistication and luxury. When it comes to expatriates, these apartments provide them a feeling of living in their home country, thereby enabling them to lead a smoother life in the region. Additionally, living in Hong Kong apartments avoids the problems with the language barrier. Above all, a foreigner who wishes to own an apartment in Hong Kong need not have to comply with any specific legal requirement.
Based on your requirements, you can choose from a continuum of superb apartments, from garden and furnished apartments to self contained and serviced apartments. There are also apartments that are specially designed for students, such as, student apartments.
Mostly, this type of apartment comes complete with superb facilities including excellent accommodation, high speed internet access, and uninterrupted power as well as water supply. Further, many of these apartments are located within the easy reach of top academic institutions in Hong Kong. All of this provides a great atmosphere in order to promote your academic success. For those seeking luxury, then one of the best choices would be stunning serviced apartments coupled with extensive recreational as well as sporting facilities. Usually, these apartments range from 1000 to 5000 sq ft.
Different types of apartments in Hong Kong are further categorized into duplex apartments, studio apartments, and townhouses. Duplex apartments are mostly situated on the bottom floor, and range from small building with two to five apartments to large property with more than 50 or 60 apartments. A studio apartment is an accommodation facility with a large living area, apart from a kitchen and bath area. In townhouses, a family will get more space as well as a comfortable feel. One of the specialties of townhouses is that mostly they are located in rows.
Likewise, depending upon the members of the family, apartments types include apartments with one bedroom – which come with built-in wardrobes, luxury bathrooms, and fully equipped kitchen; two-bedroom apartments, which in most cases garage unit will be included in the price; and three-bedroom apartment, which is much spacious and inclusive of high end comforts such as kitchen, lounge, laundry, and a marvelous terrace.
One of the prime advantages of living in Hong Kong apartments is that it enables you to live amid diverse community. Another advantage is that you will be always surrounded by a large number of neighbors and friends. If you acquire apartments on rental or lease basis, then some of the apartments charge rent, which is sometimes inclusive of electricity, local telephone service, cable TV hook up, and trash disposal. Another great benefit of owning an apartment in Hong Kong is that it serves as an excellent long term investment.
For example, according to certain recent records, a luxury three-bedroom apartment in Hong Kong cost about $9000 per month to rent. Benefits of living in apartments also include low maintenance cost. Many of the people living in Hong Kong are engaged in high powered jobs, which make them difficult to maintain a single detached home. But, living in an apartment allows you to avoid lengthy commutes and eliminate high maintenance charges.
Owning or renting an apartment in Hong Kong is no longer a chaotic process. A plethora of real estate companies and construction companies are there in order to help finding your dream apartment. However, the prices of apartments in Hong Kong are exceptionally high.
Fill up your memory with breathtaking views and fun filled experience of Hong Kong. Travelers flying with cheap Hong Kong flights get their heart filled with a sense of satisfaction, peace and tranquility while booking their international air flight tickets for Hong Kong. Fly cheap to Hong Kong- one of the most remarkable lands that affect the entire outlook on life. Travelers should at least visit to take part in the excitement and allure of Hong Kong tour. Hong Kong travel can be a very pleasant and memorable experience for those people who love to explore each and every part of the world in order to collect information about the country’s culture and heritage. Once you have planned your trip for this exotic location, you will surely incorporate yourself with a deep root of cultural rich peoples, travel to Hong Kong has already prove to be a great learning experience among the travelers, and traveling with cheap airline tickets to Hong Kong will be an added bonus for the trip. Increase with the oil and gas price has affected the aviation market to great extent that there is tremendous increase of the airfare. It is therefore of no surprise why most of the travelers cancel their trip for Hong Kong. But there is a solution to deal with such high airfare. Travelers now need to worry any more, as there are various resources that provide cheap airfares, low coast Hong Kong flights, discounted rates and various other offers.
There are multiple ways in finding of cheap Hong Kong flights without putting any extra efforts. With the upcoming deals and offers of finding cheapest possible airline tickets to Hong Kong, travelers can now easily book their air flight tickets to enjoy the cultural heritage and rich roots of European and Portuguese influences in Hong Kong tour. Hong Kong is all set to admire you with the its high rising sky scraping buildings, temples to capitalism, electric streetscapes, oriental-looking gifts and Chinese name engraved on a Chinese seal stones available at Stanley Market which are not to be missed. Online travel sites provide ample of information of cheap possible air flights, discount offers, holiday packages and many more related information about Hong Kong trip. Internet has several types of websites ranging from various travel search engines, tourist guides, to trip planners and tourist boards; such websites can conveniently help the travelers in getting right kind of cheap airfare on the internet. Finding out the best offers and more importantly finding out cheap flights on the internet for Hong Kong is quite distressing and pleasurable as well.
Everyday, millions of people prefer buying online plane tickets as it is the best option that saves time as well as money. It is true for a traveler to easily get online air tickets but finding the right kind of online plane ticket which saves your wallet is surely one of the toughest jobs. With increase in the airfare price the task of buying online plane ticket is not an easy job. Make use of various resources that are used to provide information about cheap flights and best airfare deals. With so many travel sites dealing with various attractive airfare deals, track the right kind of airfare tickets by shopping wisely and timing your purchase, you can save tons of money by finding cheap airfare on the internet. As soon as you log on into a reliable travel sites, it ensures you to get the most reliable and updated offer on air tickets.
Travelers should go for comparison-shopping before making any decision on air flight booking. Research work done daily can benefit a traveler while saving a huge amount. Make a list on several air flight available going to Hong Kong for a particular date; list of information is available on air flight prices on various airlines. Go for comparison-shopping and become a part of the most iconic and inspiring city. Book your discount Hong Kong flights by visiting any reliable travel agent. A reliable travel agent ensures you to get right kind of airfare deal. But, there is one major disadvantage with these travel agents; you may land up paying extra service charge or commission charges taken apart from the airfare tickets.
Globester provides cheap tickets to popular USA and International Destinations around the world. You can search your
Hong Kong Flights online and get detailed information about cheap flights to world and plan your trip ahead. All you need pack your bags to explore best regions which you have not seen.
