It isn't easy to be 'green' in Hong Kong: firms taxed with high fees, costs to win environmental certification
Article Abstract:
The adoption of environment-friendly management systems has placed increased pressure on many Hong Kong firms to comply or be left out of business. Many firms, though, are finding that compliance redounds to their benefit if they voluntarily reduce the environmental impact of their operations. The benefits include reduced operating costs and a better public image among prospective clients. Obtaining an ISO 14001 certification, however, is not that easy. Investments in pollution control equipment and high consultation fees are some of the hindrances to obtaining the certification.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Demand for executives continues to grow in Hong Kong
Article Abstract:
Hong Kong continues to witness a dramatic increase in the demand for executives, as business enterprises become more project-oriented. Statistics gathered by El Consulting (Hong Kong) Ltd revealed that executive demand in the country rose by 13% from April 1999 to May 1999 and the trend is expected to continue for a considerable length of time. Such an increase is particularly prevalent in the engineering sector, where demand for production engineers increased massively by 71% compared to the previous year.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Steering in more freight
Article Abstract:
Fritz Transportation International (HK) Ltd attempts to gain a considerable share of Hong Kong's freight market as it announces the opening of a new warehouse in Yantian port. The new facility was created in response to the increasing shipping container traffic in the port, which increased by 70% in 1998. As an act of compliance with the mainland's freight regulations, the San Francisco, CA-based company agreed to post a bond valued at $3 million with state transportation company Qin Feng.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1999
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Comment about this article or add new information about this topic:
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