Tag Archives: china

Made for action – Queenstown, NZ

Queenstown in New Zealand has long been rightly identified as the
adventure capital of the world as it is the birthplace of
thrill-seeking tourism, home to many adrenaline-laden world
firsts – welcome to the action-packed epicentre of the world

new z covers (8)New Zealand was the last mass region on the planet to be settled by humans. Being late to the inhabitation party, this has given the island country a distinct ecological advantage, as the two main landmasses and all the smaller islets within it now boast a vast biodiversity of life unlike any other in the world. This has also given rise to the adventurous outdoorsy national spirit that New Zealanders have long been known for, which naturally comes with the territory, and is not surprising for a populace living amidst some of the most dramatic topographies on the planet.

Keep Reading…

Advertisements

Scraping the Sky – The Ritz-Carlton, Hong Kong

Luxury gets taken to new heights at Ritz Carlton’s stupendous new Hong Kong property.

Ritz Carlton Hong KongUnless you’ve been reading censored news over the last year, you’ve probably heard about Ritz Carlton’s phenomenal return to Hong Kong, with their striking new property much more than adequately filling in what was approximately a three-year absence for the brand in the city. Having just passed its first anniversary things have only gotten better to the point of perfection, and over the last twelve months the sky-scraping hotel has come to be an iconic happening address, with luminaries, leading politicians and stars such as Lady Gaga having graced the towering heights of the property.

Continue reading Scraping the Sky – The Ritz-Carlton, Hong Kong

Pretty Crabby – Fatty Crab

Having successfully gone from Malaysia to New York, the hot and slightly weirdly-named concept that is Fatty Crab has now arrived in Hong Kong with a bang.

Fatty Crab RestaurantA few years ago, when the concept of Fatty Crab was first opened by the expatriate Fatty Crew in New York City, the concept at first received a mixed reception amongst reviewers and diners alike. Having emulated and taken a name from a small no-frills hole in the wall in Malaysia, the group culturally tailored it slightly to the Big Apple market, with consistent elements such as the dingy interior and scrumptious large spicy crabs at the heart of the menu remaining. In time, the concept caught on and, like the accepting diverse foreign atmosphere that is NYC, the cultural import that was Fatty Crab grew to be an astounding hit. Now, the group has just brought the concept to Old Bailey Street in Hong Kong, home of the Hairy Crab. To make it work here, the group worked to customise the concept slightly more for the local market, with an upmarket and raw edgy styled interior making the restaurant perfect for the local Soho crowd.

Keep Reading…

Working Space Age

The explosive growth in staff mobility is having a seismic impact on the future of office design

Feature23Nov13The workspace of today is undergoing a profound shift. As human living is transformed by the modern need for greater mobility, flexibility and sustainability, a revolution is taking place in attitudes to work environments.

“Space is changing,” says Simon French, global design director at Regus. “It’s not all about the four walls around you. Technology is freeing people from their desks, and workspace has got to reflect this. This means more drop-in space, more hot-desking, and more flexible multi-use spaces. Gone are the days of one person, one desk.” Continue reading Working Space Age

Growing Asian firms need cover in a risky world

statsAccording to leading risk management provider Aon, the continued menace of terrorist attacks and political violence is becoming a threat to global business growth. Its 10th annual Terrorism and Political Violence Map released this year reveals that 44 per cent of countries across the globe have an identifiable risk of terrorist attacks.

Continue reading Growing Asian firms need cover in a risky world

Be careful not to trip over uneven ‘people risks’

People Risk in AsiaAlthough people are the backbone of any business, they are also a key source of risk. A “people risk” is the possibility of a negative event occurring when recruiting, employing and reorganising talent that causes loss to a business. The extent of this risk can differ depending on the company and the country.

In an attempt to categorise people risk around the globe, Aon Hewitt has been ranking countries according to their people risk since 2011 in its annual ratings survey. The latest Aon People Risk Index this year has found that Asia-Pacific has the widest deviations in risk of any region worldwide.

For example, while Singapore ranked as the second-lowest people-risk city in the world, and Hong Kong the seventh lowest, there were also a number of very high-risk cities such as Chongqing, Hanoi and Phnom Penh. However, there is a lot of economic potential in these riskier cities and there is keen interest to invest in them.

“Asia-Pacific will continue to be an attractive location for business,” says Rick Payne, regional talent and rewards practice leader for Aon Hewitt in Asia-Pacific. “However, the region has the widest variance in risks related to recruitment, employment and redeployment of any region worldwide. Companies must carefully assess the risks they face in individual locations and identify the specific steps they need to take to address those risks.”

Sally Evans, Aon Hewitt’s research manager, adds says that while people risks are lower overall in developed nations, significant risks can still materialise as a result of ageing populations, uneven demographics and restrictive employee practices.

Singapore is a perfect case in point. The country has low people risk in regards to demographics, government support, education, talent development and employment practices. Despite this, however, the Singaporean government recently introduced measures to curb the influx of foreign talent which, while not affecting labour pools immediately, has the potential to harm Singapore’s ability to attract talent in the longer term.

“We anticipate Singapore may experience problems in the next few years with regard to demographics,” Evans says. “The government is tightening policies regarding the inflow of foreign talent, which will have an impact on Singapore’s ability to mitigate the risk of its ageing population and low birth rate.”

Hong Kong has slightly higher risks all round, except in demographics. However, it also has issues ahead for future workforce planning, and this is linked to the economy and fluctuating GDP growth.

Nevertheless, Hong Kong, unlike Singapore, is currently alleviating the risk of its ageing working population through pro-business immigration policies and high workforce productivity, Evans says.

“According to the People Risk Index, Hong Kong is low risk – one out of 10 – for low work productivity. In support of this, a report by the Economist Intelligence Unit rated Hong Kong as the most productive workforce in Asia in 2012,” Evans says.

On the other hand, across the border, the mainland’s tight labour market put a lot of mainland cities above the top 50 ranking in the index. There has also been a growing trend of companies shifting to inland, tier-two cities where costs are lower, but risk is higher.

“The shift inland is due to high costs in first-tier cities as well as new opportunities in these rapidly growing markets,” Evans says. “While the attraction of lower operating costs and new markets will continue to draw investors to tier-two cities, our study found significantly higher levels of people risk in these cities. We feel that people risk gives a lot of context to these lower costs.”

Janet De Silva, dean of Ivey Asia, has also witnessed this shift to secondary cities. She says these cities lack trained, informed sales and service staff and, above all, managers.

“The growing need for talented managers in China represents by far the biggest management challenge facing multinationals and locally owned businesses alike,” she says. “In a recent China Consumer Market Strategies study [conducted by Booz & Company and the American Chamber of Commerce in Shanghai], 37 per cent of multinational companies reported that recruiting talent was their single biggest operational problem in China – a bigger problem than concerns about regulations, lack of transparency or intellectual-property rights.”

To combat the constricting talent supply, De Silva says that some overseas companies in China are now opening local academies and campuses, while Chinese companies are now offering management salary packages and benefits that match or exceed those offered by multinationals.

These actions can lessen risk in the respective locations in which they are carried out. Evans says that education is also another key area where people risk can be improved. Using Hong Kong as an example, she says that the current struggle for parents to find places for their children in Hong Kong schools will have an long-term impact on the quality of “home-grown” talent entering the workforce in the future. This is also true of any developing city that does not address its education supply and people risk correctly.

Originally published in South China Morning Post, April 20, 2013

Steak Out – Carnevino

The talented people from Dining Concepts have done it again, with Carnevino being another successful partnership between the budding restaurant group and the New York-based chef Mario Balti.

With the dust has barely settled on the opening of Mario Batali’s Lupa in LHT Tower on Queen’s Road Central, the busy chef-lebrity has just opened his second restaurant in Hong Kong, Carnevino, in the same building one floor above. Although both restaurants are targeted at a similar set of clients, Carnevino is slightly more upscale and formal than Lupa, with the new restaurant actually being part of an award-winning chain from Las Vegas. Continue reading Steak Out – Carnevino

Ritz-Carlton Shanghai, Pudong hotel

Shanghai ifc, 8 Century Avenue, Lujiazui, Pudong 200120 China   

Although the impressively groundbreaking Ritz Carlton Hong Kong just opened barely a few months ago another equally impressive milestone from the group has been making a steady stream of waves over in Shanghai city for the past few months as well. Officially opened back at the end of last year, the Ritz Carlton Pudong is a marvel to behold and, like the Ritz Carlton Hong Kong, the fresh new Shanghai property also boasts a large number of breathtaking feats, including Shanghai’s highest al fresco dining and wining venue, awe-inspiring design traces, plus unrivalled hotel-wide views over Shanghai. Developed by Hong Kong locals, Sun Hung Kai Properties, the hotel is a real stunner and it is unmistakably evident that no expenses were spared in the creation of this masterpiece. Set amidst the upper floors of the Cesar Pelli-designed Shanghai ifc, the hotel reaches for design and architectural heights, which it achieves with class. The cloud-touching property is an integral feature of Shanghai ifc and it enters in as the second Ritz Carlton in the city, and seventh in China. The interiors are just as perfect as the exterior, with designs from Singapore-based Richard Farnell and restaurants by Japan’s legendary Super Potato.

The 285 modern Art Deco rooms feature a lush array of textures, materials, furnishings and technology, with Blu-ray players appearing alongside coffee pod machines, beautifully-designed free-standing bathtubs, and more marble than you can shake a stick at. Richard Farnell’s touches also prettify the property throughout, with patches of real Stingray skin decorating some of the public areas, and meeting rooms which feature an Alice-in-Wonderland chic. For business and conferences one could not get much better, with the hotel’s 1,135 metre square ballroom supposedly being the second largest hotel ballroom in Shanghai. There is also over 2,250sqm of conference and meeting space, with plenty of natural light and outdoor spaces as well. The climax of the hotel is the 58th floor lounge and restaurant called Flair, which has a split-level outdoor terrace with views directly across to the big ball of the Pearl Tower – quite possibly the best rooftop bar in the world.

Originally published in South China Morning Post, July 2011 

 

 

 

Workers stay bullish on economy and job hopes

The new Michael Page Employee Intentions Report reveals that most workers have faith in the strength of the Hong Kong economy. Completed in June, the online survey polled entry-level to senior-management professionals on salary expectations, confidence in the job market and general employment outlook.

Of the 700 respondents, 42 per cent rated the current job market as strong. Some 40 per cent also indicated they are likely to change jobs within the next six to 12 months, with over a third of those who wished to move citing career progression as their primary reason. Half of those surveyed also said they would ask their current employer for a pay rise.

In light of these results, employers will likely need to look at ways to hold on to staff over the next year, says Anthony Thompson, senior managing director for Hong Kong and Southern China at Michael Page.

“Employers need to focus on retention and will be expected to enter into salary negotiations to keep top talent – that is, individuals with the experience and knowledge to drive the business forward,” he says, adding that jobseekers are paying special attention to career development plans, something hirers should be wary of.

Employers should also be mindful of the fact that average salary rises look set to grow. Over a third of respondents are aiming for a rise of 6-9 per cent, far outpacing expectations from the same time last year.

However, Thompson adds that while remuneration is important, there are a number of other ways employers can encourage top talent to stay with them.

“We increasingly find that candidates are focused on their career path and not just what is in it for them now,” he says, pointing to the impact of career progression on willingness to stay put.

Part of what’s fuelling the higher expectations, he suggests, may be the current wealth of job opportunities. Much of this, Thompson says, is attributable to the strength of the mainland economy, which is prompting many firms based there to expand their operations in Hong Kong.

“There is no doubt that China’s economic strength and continued growth are a real positive for the employment market in Hong Kong. Asia overall is performing well compared with most other markets,” Thompson says.

The only exception may be the financial services sector, which continues to be hit by uncertainty, especially in Europe.

Originally published in South China Morning Post, September 2012 

Luxury on High – St. Regis Shenzhen

Experience a new level of hospitality at The St. Regis Shenzhen.

Continuing their foray into China and expanding their palatial presence further in Asia Pacific, the newest St. Regis property in Shenzhen is the latest and greatest from the luxury-centric group and it is a milestone in every sense. The resplendent hotel is housed in the upper fractions of the city’s highest building, the 441.8 meter-tall Kingkey 100 building, which also happens to be the ninth tallest building in the world and the tallest building ever designed by a British architect, who in this case was the highly-acclaimed Sir Terry Farrell. Continue reading Luxury on High – St. Regis Shenzhen