HK Economy - Highlight
13 Feb 2017
The shipping industry has suffered heavy falls since the 2008 financial crisis as the global economy slowed. Yet despite the dim short-term outlook, fresh opportunities have arisen for Hong Kong maritime service providers to capitalise on the growing demand for ship financing services driven by the rise of Chinese lenders in the market.
Apparently, traditional retailers without online presence are gradually losing out the market. Hong Kong retailers set in their ways should concede that the online channel actually offers an easy and cost-effective alternative to expand their market reach outside Hong Kong, especially into markets where consumers have high demand for genuine and good-quality products.