Hong Kong revives its arbitration business

Article Abstract:

Hong Kong's reputation as a world-class arbitration center received a much-needed boost with the signing of a memorandum of mutual enforcement of arbitral rewards between Hong Kong and China. The agreement, signed on Jun 21, 1999 aims to recreate the mechanism that governed reciprocal enforcement prior to the reversion of Hong Kong to the Chinese mainland on Jul 1, 1997 . However, a point of contention that would surely be a question mark among multinational investors is the power of the Chinese government to decide which arbitration body will be eligible to enforce the arbitration awards.

China, Other Justice, Public Order, and Safety Activities, Business Law NEC, Commercial law, Commercial arbitration

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Following the rise of the Internet, courier firms go fully electronic

Article Abstract:

Hong Kong's passage of a legislation recognizing digital signatures and electronics and giving them original copy status has attracted a number of courier firms. The use of the Internet has been rapidly spreading and global purchases through the Internet are predicted to hit the $220-billion mark by the year 2001. It is understandable, therefore, that courier companies such as DHL, United Parcel Service and Federal Express should position themselves in the face of the emergence of a global technology.

Marketing procedures, Mail & Express Services, Couriers, Video Retailing Service, All Other Information Services, New Electronic Marketing, Usage, Online services, Internet services, Delivery services, Home shopping, Records and correspondence, Courier services, Express delivery services

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Hong Kong/China; phone rates decision called `an understanding' by probe

Article Abstract:

Article about the decision made by all six of Hong Kong's mobile telephone firms to reverse rate adjustments they made on the same day earlier in the month. These actions occurred just a day before the government revealed the results of its price-fixing investigation last week. The investigation, launched by the Office of the Telecommunications Authority, is the first since the country opened up its mobile phone market in 1996, causing intense competition.

Commodity & service prices, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Mobile & Base Transceivers, Prices and rates, Telecommunications equipment industry, Transceivers

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