Posts Tagged ‘business’
Netbars, or internet cafes, are struggling to reinvent themselves to stay relevant to loyal and new customers in Hong Kong.
Hong Kong, where busy people work around the clock, came last in a survey on work-life balance in the Asia-Pacific region. According to a 2015 study by the recruitment agency Randstad, over 70 percent of workers felt they were obliged to take work calls even when they are on holiday. Varsity takes a closer look at the difficulties faced by workers in the city as they try to juggle work and life.
Recycling is not a profitable business in Hong Kong anymore. But landfills are filling up, so the government set up a $1-billion recycling fund this year to try and solve the issue before it gets out of control. We look at how the industry works in Hong Kong, and where it could be improved.
Hong Kong’s economy is integrating more and more with the Mainland. Will this affect the city’s status and brand as an international finance centre?
Thanks to its rich natural resources and access to quality shrimps, Tai O has been renowned for its scrumptious shrimp paste. But the ban on trawling has shifted the production line to the Mainland. Varsity asks long-established brands how they see the future of their businesses.
Ko Shing Street in Sheung Wan has been a wholesale centre for Chinese medicine for decades. The street is renowned for its high-quality herbs and dried seafood. But the opening of the West Island Line is pushing up rent. Varsity asks the street’s vendors about how they see their future.
Oyster farming has been practiced in Hong Kong for 200 years, but in recent years pollution and competition from imported oysters has seen a decline in demand for locally raised oysters. Still, as Varsity finds out, Hong Kong’s oyster farmers have tapped a growing appetite for Hong Kong oysters in the Mainland.
It’s not easy being a taxi driver – rising fuel prices and increased traffic congestion have directly hit earnings, while speculation on taxi licences have made them unaffordable for most drivers. But some drivers still value the freedom and variety the job offers. Varsity talks to Hong Kong’s cabbies about how the view their career.
In a little over 30 years, Katherine Lam Suet-ying’s life has taken her from the rooftop huts of Sham Shui Po to the Chinese restaurants of Florida, an American university education and a high-flying job as a banker in Hong Kong. But, inspired by new motherhood and a poverty-busting Nobel laureate, Lam has quit banking to become a social entrepreneur. She tells Varsity about her journey.
In his most recent Policy Address, the Chief Executive Leung Chun-ying called on Hong Kong’s young people to grab the opportunities offered by China’s vast market, to go and make their fortunes there. Varsity talks to Hong Kong people working in the Mainland and asks whether greater economic integration is the only way forward for Hong Kong.