Against a background of Middle East instability, the UAE has become a haven for regional investment and tourism. A solid economic recovery coupled with a fillip from Dubai’s successful bid to host the World Expo 2020 has seen a boom in the construction sector. The number of hospitality and infrastructure projects now underway bode well for Hong Kong construction, engineering and architecture services companies.
Researchers from the Hong Kong Trade Development Council's Guangzhou Office recently spoke to a number of local government officials, as well as several Hong Kong manufacturers, operating in Heyuan, a city to the northeast of Guangdong. The interviews largely focused on the current state of operations, the difficulties involved and the strategies that have been developed to tackle various challenges.
Nielsen consumer confidence figures for Q2 2014 puts India out in front for the first time, while China and Hong Kong both remain in the global top 10. Indonesia drops to second place after five quarters in the number one slot.