Word: sectoral
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...Coping with Competition But that doesn't mean Hong Kong's future as Asia's preeminent financial center is assured. Singapore in recent years has boosted its banking sector. Shanghai is booming. And even Seoul aspires to be a financial hub. Faced with these long-term competitive threats, Hong Kong's leaders are laying the groundwork for even closer links with China. In August, a local think tank with ties to the city's top political leadership released a proposal for increasing economic integration with Shenzhen, the Chinese boomtown located next to Hong Kong. A mere fishing village when...
...Nowhere is it more important than in Hong Kong. China is on course to overtake Germany as the world's third largest economy. As the country prospers, it is looking beyond its borders for places to park its wealth. And Hong Kong, with its world-class financial-services sector and bustling stock market, is perfectly positioned to become China's Wall Street at the dawn of the Asian century. "We have clear advantages," says Franco Ngan, Value Partners CEO. "We're part of China. We understand the culture and speak the same language. There's a natural tendency for people...
...Bakker ’10, the political advocacy chair for HDAG. “When there’s no consideration among students for what these firms do, then there’s a problem.”Bakker, who admits that for him, working in the financial sector is “a possibility among many,” says that he would consider the morality of a firm’s actions when choosing an employer.“I think that the ethical aspect of a corporation’s business practice would have to play...
...final connecting wire of The Wire. It may be frayed, it may be poorly maintained, but it is all we have left. For four seasons and what is shaping up as one searing, elegiac season more, TV's best drama has followed that wire through every seam and sector of its urban tapestry. Baby, it can die happy...
...land ownership since independence in 1963, provoking simmering resentment from the Luo and other smaller tribes. That has only increased in recent years. Kibaki's government was elected on an anti-corruption ticket, and the economy has since grown at a steady 5%, fueled by a thriving tourism sector. But the benefits have not been enjoyed by all. Corruption has reserved much of Kenya's riches for the government and its cronies, and unemployment and poverty have actually increased, so that today more than half the country lives on less than...