Hong Kong's five-year plan must integrate its open market strengths with national strategic opportunities and local challenges under "one country, two systems." The city's past reliance on flexibility has led to path dependence, necessitating a long-term policy framework to foster new economic structures and ensure future growth.
Hong Kong government launches pilot scheme inviting private operators to develop three public beaches - Butterfly Beach in Tuen Mun, Tung Wan Beach in Ma Wan and Big Wave Bay in Southern district. District councillor Chung Kin-fung suggests hosting beer and barbecue festivals, while Director of Leisure and Cultural Services Manda Chan Wing-man says fees must remain affordable and strict KPIs will not be imposed.
Shopkeepers charged millions of pounds, including alleged £10,000 penalty for mistake that cost firm £7.08Vodafone incentivised its security staff to increase “clawbacks” levied on its own franchisees, as part of a programme that led to the telecoms group fining its own shopkeepers millions of pounds for seemingly small administrative errors.The policy – which included one alleged case of a £10,000 penalty for a franchisee whose mistake cost Vodafone £7.08 – involved setting “key performance indicators” (KPIs) for the telecoms group’s internal employees to collect total annual fines of £1.5m from the small business people running the FTSE 100 company’s high street stores. Continue reading...
