Three prominent industry groups in Hong Kong are urging the government to reduce the liquor tax rate from the current 100 per cent to 20 per cent in an effort to stimulate the city’s economy. The Hong Kong General Chamber of Wine and Spirits, the Hong Kong and Kowloon Provisions, Wine and Spirit Dealers’ Association,...
CK Hutchison Earnings Decline Amid Heightened Global Tensions Billionaire Li Ka-shing’s flagship companies, CK Hutchison and CK Asset, have reported a weaker performance in the first half of the year, reflecting challenges amid heightened geopolitical and trade tensions. This CK Hutchison earnings decline is part of a broader trend affecting global markets. Financial Performance Overview CK Hutchison,...
In the realm of public relations, whether for businesses, NGOs, or governments, the impulse to showcase a positive image is almost universal. For commercial enterprises, a rosy portrayal can attract customers and investors; charities can benefit from increased donations; and governments can enhance their credibility, facilitating smoother governance. However, overly optimistic portrayals can backfire. An...