Word: wong
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...make my parents believe that small liberal-arts colleges can be as good, they still won't budge. It was even harder to get my mom to read your story. The article helped relieve some of the pressure my college counselor and my parents have put on me. JESSICA WONG Monterey, Calif...
...Among those who are reaping the benefits is Singaporean Lim Chee Hoong. After earning an undergraduate law degree in Great Britain and working at law firm Clifford Chance Wong in Singapore, Lim, now 28, had a change of heart about his choice of career. "I found litigation aggressive and contentious," he says. Seeking a less confrontational career, he plunked down the $30,000 tuition fee needed to enroll in the private-banking program at Singapore Management University. Before he had even graduated, he'd bagged a job with Morgan Stanley's private bank in Singapore. "The way to move forward...
...delicate fabrics and complicated designs, which require more talent to produce, but also fetch higher prices in European boutiques. Last year, Top Form also opened a product-development center in Shenzhen to create its own bras. "Shenzhen is not a place for low-skilled manufacturing any more," says Kevin Wong, Top Form's manager for corporate development. "We're moving up the value chain...
...with so many hoteliers vying over the same territory, an industry shakeout may be inevitable. "A lot of the newcomers are going in because the head office says, 'You have to be in China,'" says Wong. But there's a risk that this will lead to overbuilding and that many rooms will go empty in secondary cities. Even in primary markets like Beijing, Shanghai, Shenzhen and Guangzhou, demand may not keep pace with supply. "It's already difficult to get a good location in the gateway cities," says Wong. "Some of the new grand palaces will be pulled...
...decade before business really starts to boom in some of the secondary cities now being targeted?metropolises like Hefei, Harbin and Chengdu. But early movers such as InterContinental hope to reap the benefits of choice locations and greater brand awareness by getting there first. Eric Wong, a property-sector analyst for UBS Hong Kong, observes: "If I'm a big hotel company, the question is, should I wait ten years to plant my flag in China now? The big chains have all decided, and are in the midst of a flag-planting race...