HONG KONG SAR, July 26 (Korea Bizwire) - Chinese state-owned news media has long been criticised as being the government’s “mouthpiece” due to its ties to the Chinese government. Many question the value of news reports they produce because report the information that the government intends to share. Setting aside this stereotypical image, a recent study [...]
HONG KONG SAR, June 10 (Korea Bizwire) - The days of running businesses solely for profit are long gone. Businesses, large or small, must make considerable efforts to be socially responsible and eco-friendly. A past survey shows that 91 percent of global consumers expect businesses to address social and environmental issues, and 90 percent of them [...]
HONG KONG SAR, May 6 (Korea Bizwire) - The rapid development of financial technology, also known as FinTech, in recent years has transformed how people use financial services. On the one hand, the increasing use of automation in banking services has brought with it greater convenience for consumers. On the flip side, the advent of new [...]
HONG KONG, April 8 (Korea Bizwire) – Whenever there is great uncertainty in the market, it is not uncommon for firms to seek out a business partner to leverage on each other’s strengths to develop new business opportunities as well as to help shoulder risks. A case in point is the famous AOL Time Warner [...]
HONG KONG SAR, March 25 (Korea Bizwire) - It’s been a bad year for tourism and a boom in the travel and hospitality sector would no doubt be good for the economy. However, it could also be a nightmare for people living and working amid the flux of transient tourists. It wasn’t that long ago that we [...]
HONG KONG SAR, Feb. 25 (Korea Bizwire) - How important is experience in entrepreneurial success? If you take a look at the world’s most successful businesspeople, the anecdotal evidence would point to the negative. Consider that Bill Gates didn’t have any experience running a business before Microsoft, and neither did Steve Jobs before co-founding Apple. Fast forward [...]
HONG KONG SAR, Jan. 14 (Korea Bizwire) – “It’s not who I am underneath, it’s what I do that defines me,” so says the titular hero from the 2005 blockbuster, Batman Begins, starring Christian Bale as the billionaire caped crusader. Instead of the hero Batman, a group of academics were inspired by what is probably [...]
HONG KONG SAR, Dec. 10 (Korea Bizwire) - In the post COVID-19 world, managing a corporate social responsibility (CSR) programme that makes a meaningful difference, balances the views and concerns of diverse stakeholders, and is cost effective can be a difficult tightrope to walk even for companies looking at their home market. This task likely becomes even [...]
HONG KONG, CHINA, Oct. 29 (Korea Bizwire) - The unprecedented COVID-19 pandemic has posed severe challenges for the global economy and supply chains have been in the eye of the storm. Amid heightened geopolitical tensions, some countries are considering moving supply chains out of China. However, as a recent research study by The Chinese University of Hong [...]
HONG KONG, CHINA, Oct. 8 (Korea Bizwire) - Just how much of the global service industry will be left standing by the time COVID-19 is brought under control is anybody’s guess. In the U.S., an industry association says restaurants across the country are on track to lose US$240 billion in revenues by the year-end. Most hotels stand [...]