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SMEs (small and medium-sized enterprises) tend to seek short-term survival strategies in an economic downturn. However, such strategies are not good enough to support a business in the long term.
Medical staff wears protective face masks and gowns when working in wards for highly infectious diseases such as SARS. But how can a virus be prevented from transferring from the clothing into the public? And how can we ensure that medical staff will not contract a virus as the clothing is removed? An "air shower" facility currently under development by the Department of Building and Construction (BC) may provide a solution.
Hong Kong people are more likely to work overtime without complaint than people in Shanghai and Taipei, but they derive less sense of pride from their work, a recent CityU survey showed. The researchers warn that the lack of appreciation Hong Kong people receive for their work might impair their competitiveness in the long term, though they a enjoy competitive edge in the short term, thanks to their willingness to work long hours.
Professor Michael Yang of the Biology and Chemistry Department led a CityU research team to discover an anti-fibrosis and anti-cancer compound called "Fibroscutum" it was announced 3 July. The research project, based on experiments with Wei Jia, an existing Class 1 drug in China, was commissioned by LifeTec Group Limited (LifeTec).
Four grants of over HK$1 million each were awarded to CityU in the latest round of Research Grants Council (RGC) applications. Three projects are related to linguistics and language information sciences, while the fourth is about marine biology.
In his 2001-2002 budget speech, the Financial Secretary said it is imperative that Hong Kong "continue to enhance our corporate governance" as an international financial centre, even though this standard is among the highest in the region.
Hong Kong has never been short of indices, particularly in the economic and business arena. We have, for example, the Hang Seng Index to gauge the volatility of its stock market. CityU's Department of Management Sciences, in co-operation with Centaline Property Agency Ltd, produces the Centaline Index to record the ups and downs of the local residential property market.
The world of e-commerce is changing at the speed of light. Companies boom and go bust in the blink of an eye. New business strategies come and go like whirlwinds. Everyone involved in e-business, from theorists to practitioners, have a difficult time keeping up with the latest developments, let alone share their experience and wisdom with others.