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Home >Hong-KongOffshore finance Economy, tax incentives & labor conditionsHong-Kong is the only developed country without legislation over the weekly duration of work. Some 60 hours working weeks are frequent.
A blue-collar worker earns on average 1178 euros gross per month in Hong-Kong.
The right to strike is limited in practice by clauses in many employment contracts stipulating that absence from work may lead to dismissal. Employers generally refuse to recognise unions. Less than one per cent of workers are covered by collective agreements, and those that exist are not legally binding. Without legal protection to guarantee these rights workers are subject to the arbitrary and unilateral actions of employers, and as a consequence are denied job and income security.
27% of Hong-Kong's outward FDI in 2004 was accounted for by FDI that is directed to non-operating companies in offshore financial centres (mainly British Virgin Islands).
500 000 shell companies are registered in Hong-Kong.
Main violations of the human rights and dirty money laundering
2006 HSBC Holdings (Hong-Kong & Shangai Banking Corp) |
| CONTRIBUTIONS |
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Johnson johnson Johnson & Johnson will pay $78 million to settle U.S. and UK charges that it paid bribes and kickbac - 16 April 2011 at 18h50
Koch industries consumer - 14 April 2011 at 21h38
Artemis President, Coulson Realty Group - 18 February 2011 at 00h38
Nestle Add Product Name: Allen's "Fantales" - 20 December 2010 at 22h46
Cominak compagnie miniere d akouta Meme - 17 November 2010 at 15h15
Alstom Allegation of intellectual property violation - 20 October 2010 at 09h19
Unilever mr - 6 January 2010 at 10h26
Marathon oil group Marathon Oil/Angola - 15 December 2009 at 15h31
Marathon oil group Dude - 15 December 2009 at 15h28
Acsa argentina Mr. - 26 November 2009 at 19h16
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