Hi, I'm new to this thread... A must read: (every word in this article is nothing but the truth, better stock prices have yet to come.)
1.HONG KONG: IN THE EYE OF A HURRICANE businessweek.com
2. HONG KONG IS LESS COMPETITIVE IN SALARIES...
SECRETARY'S ANNUAL PAY*
HONG KONG JAKARTA SEOUL SHANGHAI BANGKOK 1997 $17,183 $4,709 $19,206 $3,457 NA
1998 20,053 2,568 13,710 4,332 4,232
DATA: WATSON WYATT WORLDWIDE. ANNUAL BASE PAY (CONVERTED TO U.S. DOLLARS) NA = NOT AVAILABLE
...REAL ESTATE...ANNUAL RENT/SQ. METER FOR PRIME OFFICE SPACE*
HONG KONG JAKARTA* SEOUL SHANGHAI BANGKOK SINGAPORE
JAN., 1997 $985 $244 $720 $696 $257 $954
JAN., 1998 1,069 244 506 517 125 689
DATA: JONES LANG WOOTTON...AND PORT SERVICES
CONTAINER HANDLING CHARGES*
HONG KONG JAKARTA SEOUL SHANGHAI BANGKOK SINGAPORE 1997 $267 $100 $121 $66 $102 $129
1998 267 100 76 66 59 108
*U.S. dollars DATA: ASIA-NORTH AMERICA EASTBOUND RATE AGREEMENT (ANERA)
Best Regards to all
Chen |