Apr12
Oasis: Hong Kong's Budget Airline Crippled By Costs, Halts Flights

With jet fuel rising to new highs at $137 a barrel, Hong Kong's only budget airline had to close down after only 17 months in operations, according to Bloomberg. Despite being financially-challenged in Hong Kong, Asia's third largest airport hub, Oasis Hong Kong managed to take on Cathay Pacific on some of its most profitable routes, including flights between Hong Kong and London. Oasis is now seeking a liquidator and new investors after losing near $1 million Hong Kong Dollars per flight. Although rising fuel costs were the main concern, high landing fees for Hong Kong International Airport seemed to ensure the budget airline's (or any other budget airlines that used to operate in Hong Kong) demise. There are no secondary airports in Hong Kong that allows for lower operations costs.

This shouldn't come as a surprise. ATA Airlines, Aloha Airgroup and Skybus Airlines all ceased operations after fuel costs rose 73% this year alone. However, to thousands of passengers and about 700 staff of Oasis, the news came in the form of an absence of notice. Many passengers with tickets were unaware of the situation until local newspapers reported the news on its front pages. What a bad publicity stunt.
 

 

800px-Oasis_Hong_Kong%5B1%5D.jpeg

 

Apr 4
Only In America Will A Pregnant Transgendered Man Thomas Beatie Be Treated With Respect
The title says it all. Not only is Thomas Beatie the buzz of the internet world, he's also respected by one of the most powerful celebrities in media, Oprah Winfrey. According to Yahoo, Beatie, a resident of Oregon, was born a woman but decided 10 years ago to become a man. He began undergoing testosterone treatments and flattened his chests by removing hormonal glands. Beatie is legally male and has a "very stable male identity." His wife of five years, who has two daughters from a previous marriage, said that nothing in the family's relationship will change as a result of this pregnancy. So why does he want a baby now? As Beatie said, "It's not a male or female desire to have a child. It's a human desire."
Continue Reading
Apr 2
Star And Rain Education Institute For Autism: One Chinese Mother's Response To Autism

Today is the world's first Autism Awareness Day, proclaimed United Nation's Secretary-General Ban Ki-moon. He called on every country to raise awareness of autism and respond to the needs of autistic children and their families with "a powerful combination of determination, creativity and hope." Autism affects tens of millions worldwide, including 1.5 million Americans and (unofficially) 1 million Chinese. "Let us empower them and respond to their needs today, so as to make our societies more accessible, enabling and empowering for all our children tomorrow," said Ban. Therefore, it is only fitting for me to write about the only educational institute for autistic children in China, and one mother's fight against the system to give her autistic son "a little bit" of hope.

Continue Reading
Apr 1
This Week In China: Olympic Flame, Ethanol Cars And Tibetan Suicide Bombers
The "journey of harmony" has begun. China needs to spread its message of peace and cooperation by touring the Olympic torch in and around Lhasa. The flame is set for a 130-day tour within China and around the globe before setting foot back in Beijing. The relay will pass through Russia, United States, Britain, France, Japan and other Asian countries. In China, the relay begins with Hong Kong and Macau, concludes at Tianjin and Beijing. The torch will even climb up Mt. Everst (with some help). Tibetan response in June, when the torch will pass through the region of unrest, has yet to be revealed, although stars such as Indian national soccer team captain, Bhaichung Bhutia, is determined to shatter 1.3 billion people's dreams (China still has Bollywood superstar Aamir Khan on her side, though).
Continue Reading
Mar31
Top 10 Reasons Why An American Is Like A Chinese

If you’re an American and enjoy living in your capitalist, laissez-faire economy, then I have a holiday choice for you: consider China. Why? There is more similarity between the average Chinese and the average American than you would like to believe. Here are the top ten similarities:

1.  Large scale migrations: whereas Chinese people migrate from rural to urban areas (or special economic zones) for fun and work, Americans do so too by moving house every two years or so.

2. Over-reliance on trucks, cars and Wal-marts: neither government cares much about pollution, but the Chinese also use trains as a medium of transport, which is a plus. Wal-marts are a given.

3. Cultural insularity: either speak a Chinese dialect or speak English or have no friends. Both countries view themselves as superior. Both have inferiority complexes. Americans to Europeans, Chinese to Americans.

4. Large populations immune to reason: both countries have a large percentage of the population who will not reason with you. Stems from limited awareness of their surroundings.

5. Lack of social safety nets: both Chinese and Americans are equally concern about health care and pensions (yes, even in communist China), perhaps for different reasons.

Continue Reading
Will Tata Lead The Indian Automobile Industry To A New High...Leaving Chinese Competitors Behind?

Just as Tata Motors' purchase of Jaguar and Land Rover last Wednesday was about to become a moot topic, I read something that sparked my interest in the topic. According to this article by an expat in Mumbai, the $2.3 billion invested last week represents " a major shift in the way Indian companies are able to obtain technological growth, in a manner that possibly outstrips the latent capabilities of China’s auto sector." Basically, the article says that in the long run, India's privately owned auto companies will compete better in the international market than China's state-owned industry as long as India buys into foreign luxury brands (such as Jaguar and Land Rover) than forming joint ventures (JV) with Western companies. This, I think, is only partly true.

Continue Reading
Mar30
Cultural Clash In Toronto: Chinese Riot Turns Violent As Tibetans Protest

If you've visited Canada before, you'll know that Toronto and Vancouver are filled with Chinese immigrants. Lots of them. Therefore it's not exactly a surprise that a group of Chinese students decide to rally on the streets against Tibetans. In a story by the Epoch Times, the "anti-violence" protest (under the wonderful name of "Love China Concert") began orderly but slowly disintegrated into emotions and violence as Tibetans took the stage and stole the spotlight. How ironic, as these things tend to become these days. Police at the scene intervened before the group of Chinese managed to attack the Tibetan. No one was injured. The usual good times in Canada.

Continue Reading
More Condoms In Beijing Hotels: A STD-Free Olympics

Seems like the Chinese government wants to contain the spread of sexually transmitted diseases ahead of the Olympics, before diseases once again spread too far and wide to challenge the government for yet another cover up. According to the minutes of the Beijing's city health work meeting yesterday, the capital will make condoms more accessible in area where people socialize and conduct sexual intercourse, such as hotels, nightclubs and construction sites (of all places). Guesthouses and scenic resorts will now be required to put the condoms in room toilets. Condom-selling vendors will be installed near clubs, public baths and major construction sites (again, funny).

Also according to the meeting, "the condoms shall not be used as evidence of prostitution and whoring." Then it appears very mysterious to me as to why they would select such venues and not just hand them out on the street. Wouldn't that receive more exposure? Anyway, that's not my call. The condom placement program is sponsored by the Beijing Municipal AIDS Prevention and Control Working Committee, who also provide training for hotel managers to promote condom usage.

xinsrc_5e53ca0eaef041b2b6c3630c9295b6b5_xinsrc_29efdfda130144a2bf8211888812c847_c%5B1%5D.jpg
Mar29
In Case You Haven't Heard: China's New Enterprise Income Tax Law 2008
In case one of my readers here is interested in starting a domestic business in China, I happened to stumble upon the new income tax rate for corporations, effective Jan 2008. Apparently this is useful information, says Pacific Epoch, although I think that foreigners who are unknowledgable in Chinese culture and Mandarin, and have not been aware of this law, is few in number. Anyway, this is for your information (and mine, for future reference). For historical references, the old tax law states that domestic companies were taxed at 33%, unless they are low profit, in which case they were taxed at 27 to 18%. Foreign companies were taxed at 24 to 15%. As for the new enterprise income tax law...
Continue Reading
Hong Kong Rugby Sevens Once Again A Go
Sooner or later, the rugby sevens will have to select a larger venue, according to the tournament organizers. And Hong Kong had better build a larger one, just for this event. The annual Hong Kong Rugby Sevens is once again a mega-party for rugby fans, sports fans and even investors alike. For a complete tournament three-day pass at the 40,000 seat venue, fans will have to pay US $129 this year, a 20% price hike from the previous year. Despite the unwarranted inflation, demand for tickets is still high--if you bought tickets last minute, anything under US $775 would have been a discount. Only 5,000 seats of Hong Kong's most popular sporting event were available to the public, and were sold out within 4 hours.
Continue Reading

Next Page

Advertise

Related Resources

sponsored ads



subscribe


Prefer Email?
Subscribe below-

Enter your Email:


Powered by FeedBlitz What's this?

Current News

Support This Blog

blogroll


 


Know More Media - International Business

know more media network

View Network Map

Network Feed List (OPML)

Know More Media Network
Feed


we support unitus

PRWeb

Influencer



ZhongHuaRising is a member of the Know More Media network of business related blogs.

Here are some current headlines from some of our business publications:


Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 619

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 620

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 621

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 622

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 737

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 738

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 739

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 740

CallCenterScript

AdHurl

TheBizofKnowledge


Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 619

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 620

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 621

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 622

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 737

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 738

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 739

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 740


Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 619

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 620

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 621

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 622

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 737

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 738

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 739

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 740

HealthCareVox

BrainBasedBusiness


Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 619

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 620

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 621

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 622

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 737

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 738

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 739

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 740


Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 619

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 620

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 621

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 622

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 737

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 738

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 739

Warning: date() expects parameter 2 to be long, string given in /usr/www/users/chrisycm/kmm-network/includes/rss2html/rss2html.php on line 740