Department of Hong Kong
Hong Kong government develops indifferent policy to the foreign investor. No special tax and site offering incentive, but they are going to up-grade the all the system at the world highest level. As part of this policy, they reduced corporate tax from 17.5% to 16.5%, personal income tax reduced 1% to 15%. On following they abolished wine tax and 0% tariff for the all alco
the Korean luxury goods market totaled 3 trillion won, ranking 3rd in Asian market (following Japan and Hong Kong) and occupying 2% of world economy. Korea’s luxury goods market is composed of department stores, brand outlets, and duty-free shops occupying 2 trillion won and foreign visitors occupying the other trillion won. Also, rapid increases in online malls and outlets are being observed.
the global market. Also, they assume that global market size will be 300billion won in 2015.
Opportunity Recognition
First of all, the CEO of Intek IMS Hong-kyoun Shin recognized opportunities from his working experience. In his personal history, he worked for a measurement system company in the trading and development department for about 20 years. Thus, he had good access to the informatio
The first UNIQLO store opened in 1984. In 1998, our fleece campaign sparked a UNIQLO boom across Japan. Subsequently, we weathered a period of falling sales and operating profit but quickly boosted performance by expanding our women's wear. First venturing into international markets in 2001, UNIQLO now has worldwide operations, including in the U.K., China, Hong Kong, South Korea, the United Stat
the insurance premium that customers paid, the company manages the money by investing it in various ways. Since insurance company has to pay the money back in the distant future, it has to manage its money safely by preparing for the possible risks in near or far future. For this group paper, our team chose to interview a managing director in Asset Management Department.
The manager
The intervi